Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Exemption on Excise Duty for Goods from EOUs or Free Trade Zones with Duty-Free Import License under Central Excises Act</h1> The Central Government, under the Central Excises and Salt Act, 1944, exempts all excisable goods produced in a 100% Export Oriented Unit (EOU) or Free Trade Zone from excise duty when cleared to a person with a duty-free import license. This exemption applies if the license holder presents an advance release order specifying the goods' details to the Central Excise officer, who must debit the quantity and value before clearance. The manufacturer must adhere to specified Central Excise Rules. The notification aligns with the Export and Import Policy of 1992-1997, and the licensing authority is defined under the Import (Control) Order, 1955.