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.