Minimum investment requirement for EOU eligibility tightened; exemptions specified and BOA retains discretion to relax criteria. Amendment to the Foreign Trade Policy establishes a minimum investment requirement in plant and machinery as a condition for consideration as Export Oriented Units, while excluding existing units in EHTP/STP/BTP and specified sectors (handicrafts, agriculture, floriculture, aquaculture, animal husbandry, information technology, services, brass hardware, handmade jewellery) from that requirement. The Board of Approval may permit EOUs with a lower investment criterion in suitable cases.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Minimum investment requirement for EOU eligibility tightened; exemptions specified and BOA retains discretion to relax criteria.
Amendment to the Foreign Trade Policy establishes a minimum investment requirement in plant and machinery as a condition for consideration as Export Oriented Units, while excluding existing units in EHTP/STP/BTP and specified sectors (handicrafts, agriculture, floriculture, aquaculture, animal husbandry, information technology, services, brass hardware, handmade jewellery) from that requirement. The Board of Approval may permit EOUs with a lower investment criterion in suitable cases.
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