EOU scheme treatment for deep sea trawlers permits duty free import and relaxed bonding with documented base and record rules. The Board extends the EOU Scheme to deep sea fishing trawlers, allowing duty free import and operation without strict physical bonding; provisional clearances may be regularised. A permanent base of operation must be declared in the Letter of Approval, with a possible second base on written request. The Collector of the permanent base may issue a warehousing licence for on shore bonded spares. The manufacturer must keep inspectable records of duty free imports and catch; agricultural officers must certify exportable catch and monitoring will be by agriculture authorities and the coast guard, while customs will process shipping documents and conduct export and record checks.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
EOU scheme treatment for deep sea trawlers permits duty free import and relaxed bonding with documented base and record rules.
The Board extends the EOU Scheme to deep sea fishing trawlers, allowing duty free import and operation without strict physical bonding; provisional clearances may be regularised. A permanent base of operation must be declared in the Letter of Approval, with a possible second base on written request. The Collector of the permanent base may issue a warehousing licence for on shore bonded spares. The manufacturer must keep inspectable records of duty free imports and catch; agricultural officers must certify exportable catch and monitoring will be by agriculture authorities and the coast guard, while customs will process shipping documents and conduct export and record checks.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.