Types of benefit availed to manufacturer sales to EOU Unit
Kindly let us know what type of benefit (Rebate) avail to manufacturer under Goods sold to EOU unit.
Pl do the needful.
Manufacturers Supplying to EOUs Enjoy Excise Duty Exemptions, CST Reimbursements, and Deemed Export Benefits Under DGFT Rules A query was raised regarding the benefits available to manufacturers selling goods to Export Oriented Units (EOUs). The response highlighted several benefits: exemption from Central Excise Duty on procurement of capital goods, raw materials, and consumables from the domestic market; reimbursement of Central Sales Tax (CST) on domestic purchases; treatment of supplies from Domestic Tariff Area (DTA) to EOUs as deemed exports; reimbursement of duty on furnace oil procured from domestic oil companies according to the Directorate General of Foreign Trade's drawback rates; and permission for job work by DTA units for EOUs. (AI Summary)
Central Excise