EOUs Now Procure Goods as Deemed Exports Under Section 147 CGST Act; Follow New GST Procedures
Export Oriented Units (EOUs) previously procured excisable goods from the Domestic Tariff Area (DTA) without paying Central Excise duty using the CT-3 form, issued by the Superintendent of Central Excise. This process required goods to be directly transported from the manufacturer to the EOU under the A.R.E.-3 procedure. Currently, supplies to EOUs are considered deemed exports under Section 147 of the CGST Act, following Notification No. 48/2017. EOUs can procure goods by paying GST, following procedures outlined in Circular No. 14/14/2017-GST. Defective goods can be returned to the manufacturer as per applicable laws.