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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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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Good evening mam,
1. An EOU is required to maintain prescribed records, submit returns such as ER -2, ER -7, ER -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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