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 and SUN]

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 and SUN]

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

Export incentives eligibility: EOU must effect physical export and secure foreign payment within prescribed timeframe to qualify. Eligibility for FTP export incentives for an EOU requires adherence to FTP/HBP conditions; supplies to the domestic tariff area do not qualify as exports. Incentives are available only when there is physical export and prescribed receipt of foreign payment within nine months, together with compliance with documentation and procedural requirements under the FTP/HBP.