Inter unit transfer rules amended: centrally sourced input transfers treated as inflow/outflow for NFE calculation, with procedural flexibilities. Amendments permit return of rejected transferred goods without duty via re warehousing; allow Unit Approval Committee to permit inter unit transfer for centrally sourced inputs with transferred values treated as inflow for the transferring unit and outflow for the receiving unit for Net Foreign Exchange calculation; provide fast track de bonding for units not availing duty benefits; permit sharing of infrastructure and external warehousing near ports subject to conditions; extend exemption to after sale service spares cleared into DTA within overall concessional entitlement; and update policy and handbook definitions.
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Provisions expressly mentioned in the judgment/order text.
Inter unit transfer rules amended: centrally sourced input transfers treated as inflow/outflow for NFE calculation, with procedural flexibilities.
Amendments permit return of rejected transferred goods without duty via re warehousing; allow Unit Approval Committee to permit inter unit transfer for centrally sourced inputs with transferred values treated as inflow for the transferring unit and outflow for the receiving unit for Net Foreign Exchange calculation; provide fast track de bonding for units not availing duty benefits; permit sharing of infrastructure and external warehousing near ports subject to conditions; extend exemption to after sale service spares cleared into DTA within overall concessional entitlement; and update policy and handbook definitions.
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