TaxTMI 
TaxTMI 
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?
Export incentives to EOU
02 Jan 2020 
3 Replies 
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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. (AI Summary)
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. (AI Summary)