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Issue ID : 5233
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compliance for customs

Date 25 Jan 2013
Replies1 Answers
Views 842 Views
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what compliance to be made by manufacturing company which is engaged in export in customs /foregin trade policy, it is EOU

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Replied on Jan 30, 2013
1.

Good evening mam,

 

1.  An EOU is required to maintain prescribed records, submit returns such as ER -2, ER -7ER -4, ER-5, ER-6, as the case may be, subject itself for periodical audits by the department

2.  That apart, it is required to raise cenvat invoice, follow ARE-1 procedure

3.     You may look at any published manual  such as RK Jain's  EOU manual by S K Bhatnagar or Nabhi's or by Veera Reddy.

4.   Also look for  public notices issued by  your central excise and customs commissionerate.

 

Thanks and regards,

Rangaswamy

 

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