Is a 100% EOU can make its own another plant without debonding of the same unit. Please suggest me ; if someone have read about this any book advice me. Contact : [email protected] 9896056471
Making of another plant by an 100% EOU without debonding
vipin mittal
EOU Allowed to Establish Additional Plant Without Debonding Existing Unit; Must Be Registered to Avail Benefits. A query was raised regarding whether a 100% Export Oriented Unit (EOU) can establish another plant without debonding the existing unit. The response clarified that while a unit must be bonded or registered to avail EOU benefits, this does not prevent the establishment of another plant at a different location under a normal scheme. Therefore, it is permissible to set up an additional plant without debonding the current bonded unit. (AI Summary)
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TaxTMI