EOU jewellery sale concession permits limited domestic sale subject to positive NFE and applicable duties on plain or studded items. Gems and jewellery EOUs may sell jewellery in the DTA up to a specified proportion of FOB value of exports of the preceding year, subject to fulfillment of positive NFE. For sale of plain jewellery and studded jewellery, the EOU must pay duty and taxes as applicable to sales effected through nominated agencies.
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Provisions expressly mentioned in the judgment/order text.
EOU jewellery sale concession permits limited domestic sale subject to positive NFE and applicable duties on plain or studded items.
Gems and jewellery EOUs may sell jewellery in the DTA up to a specified proportion of FOB value of exports of the preceding year, subject to fulfillment of positive NFE. For sale of plain jewellery and studded jewellery, the EOU must pay duty and taxes as applicable to sales effected through nominated agencies.
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