https://www.taxtmi.com/circulars?id=1111 Amendments remove mandatory physical customs controls for 100% EOUs, allowing EOUs to self manage movements of inputs and outputs provided each transaction is recorded in prescribed or Commissioner approved records. Designated officers must scrutinise accounts at least monthly; transfers of non duty paid goods require rewarehousing certificates and crosschecks, with duty demanded if proof of transfer or export is not produced within the prescribed period. Chief Commissioners may order special audits by nominated cost accountants, and cost recovery officers retain monthly audit responsibilities. en-us Wed, 02 Dec 1998 00:00:00 +0530 Fri, 01 Aug 2025 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1111 Amendments remove mandatory physical customs controls for 100% EOUs, allowing EOUs to self manage movements of inputs and outputs provided each transaction is recorded in prescribed or Commissioner approved records. Designated officers must scrutinise accounts at least monthly; transfers of non duty paid goods require rewarehousing certificates and crosschecks, with duty demanded if proof of transfer or export is not produced within the prescribed period. Chief Commissioners may order special audits by nominated cost accountants, and cost recovery officers retain monthly audit responsibilities. Circulars Customs Wed, 02 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1111