Export incentives to EOU

[Kaustubh Karandikar]

Is an EOU eligible for export incentives available under FTP such as Duty Drawback, MEIS, SEIS, EPCG etc. against exports made by him and /or goods sold in DTA?

[Alkesh Jani]

Sir,

The query raised by you pertains to FTP and HBP governed by DGFT. Therefore, you are requested to raised at proper forum so that appropriate and suitable guidance can be obtained.

Thanks

[YAGAY andSUN]

In our view you should go through the Chapter 6 of the FTP read with HBP Vol.1 along with Chapter 3, 4 and 5 for getting the answers to your queries.

[YAGAY andSUN]

On supply by EOU to DTA unit, there will be no incentive available as goods are not moved out of country i.e. Physical Export is mandatory to avail Export Incentives along with receipt of Foreign payment with in 9 months.

AI Summary

Eligibility of Export Oriented Units for FTP Incentives Explored; Clarification on Supplies to Domestic Tariff Area Units A query was raised regarding the eligibility of Export Oriented Units (EOUs) for export incentives under the Foreign Trade Policy (FTP), including Duty Drawback, MEIS, SEIS, and EPCG, for exports and domestic sales. One response suggested consulting the FTP and Handbook of Procedures (HBP) for guidance. Another response clarified that incentives are not available for supplies to Domestic Tariff Area (DTA) units as physical export and receipt of foreign payment within nine months are required. The discussion emphasized consulting the appropriate forums for detailed guidance on FTP and HBP regulations.