Amendments in the Hand Book of Procedure (Vol.1), 2004-2009
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Conversion of DTA units to export-oriented status requires approval, legal undertaking and bonded licence; pending authorisations managed accordingly.
Conversion of DTA units into EOU/EHTP/STP/BTP requires project approval and Letter of Permission, execution of a Legal Undertaking with the Development Commissioner, and obtaining a private bonded licence from Customs/Central Excise via a B-17 bond. Outstanding advance authorizations require customs stock verification, submission to the Regional Authority for calculation of unfulfilled export obligation within the valid period, RA no-objection endorsement before bond execution, and payment of duties, interest and penalty where obligation periods have expired. EPCG obligations are added to future export obligation of the EOU.