Export oriented unit setup requires Letter of Permission, legal undertaking and furnishing of the prescribed B 17 bond for compliance. Establishing an EOU requires meeting investment or sectoral eligibility criteria, approval by the Unit Approval Committee (and BOA where applicable), ... Summary
Export oriented unit setup requires Letter of Permission, legal undertaking and furnishing of the prescribed B 17 bond for compliance.
Establishing an EOU requires meeting investment or sectoral eligibility criteria, approval by the Unit Approval Committee (and BOA where applicable), submission of prescribed application forms, issuance of a Letter of Permission specifying capacity, products and permitted capital goods, execution of a legal undertaking with the Development Commissioner, and furnishing a general purpose B 17 bond; a revised B 17 bond has been notified for new EOUs while existing units continue under earlier bonds with relevant instructions applied mutatis mutandis.
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