Delegation of powers to EPZ Development Commissioners expands authority over capital goods approvals, additional locations and export obligation revisions. Delegation expands Development Commissioners' authority to approve post-approval amendments: enhancement in the value of imported capital goods up to a specified additional proportion of the originally sanctioned value within a monetary ceiling; approval of additional EOU project locations within the same Central Excise and Customs Commissioner's jurisdiction where premises are custom-bonded; and prospective revision of export obligations, upward or downward, provided reductions do not fall below the minimum export obligation prescribed in EIM policy or sectoral FDI guidelines.
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Provisions expressly mentioned in the judgment/order text.
Delegation of powers to EPZ Development Commissioners expands authority over capital goods approvals, additional locations and export obligation revisions.
Delegation expands Development Commissioners' authority to approve post-approval amendments: enhancement in the value of imported capital goods up to a specified additional proportion of the originally sanctioned value within a monetary ceiling; approval of additional EOU project locations within the same Central Excise and Customs Commissioner's jurisdiction where premises are custom-bonded; and prospective revision of export obligations, upward or downward, provided reductions do not fall below the minimum export obligation prescribed in EIM policy or sectoral FDI guidelines.
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