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of <h1>EOU Scheme: Duty-Free Capital Goods and Raw Materials Must Meet Installation and Usage Deadlines to Avoid Penalties.</h1> Under the 100% Export Oriented Unit (EOU) Scheme, capital goods imported or procured duty-free must be installed within one year or within an extended period approved by customs authorities. Raw materials must be utilized within three years or an extended period. Goods produced must be exported or disposed of as per Foreign Trade Policy within one year. Non-compliance results in duty and interest penalties. Extensions for warehousing periods can be sought to prevent penalties, with the Central Board of Excise and Customs (CBEC) allowing liberal extensions unless there is evidence of malfeasance or material diversion.
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