https://www.taxtmi.com/acts?id=19408 Automatic approval of EOU/SEZ units requires promoter due diligence-residence proof, three years' income tax returns, promoter experience and marketing tie ups-with personal interview as needed; EOUs require site inspection and inter DC reports on pending diversion cases. Recycling of metal scraps is allowed only with ingot making capacity and value addition. Sensitive sector projects require personal verification of directors and factory inspection before signing the bond, with verification delegable to district industry or customs/excise officers. en-us Mon, 13 Apr 2015 17:55:43 +0530 Mon, 13 Apr 2015 17:55:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19408 Automatic approval of EOU/SEZ units requires promoter due diligence-residence proof, three years' income tax returns, promoter experience and marketing tie ups-with personal interview as needed; EOUs require site inspection and inter DC reports on pending diversion cases. Recycling of metal scraps is allowed only with ingot making capacity and value addition. Sensitive sector projects require personal verification of directors and factory inspection before signing the bond, with verification delegable to district industry or customs/excise officers. Act-Rules DGFT Mon, 13 Apr 2015 17:55:43 +0530 https://www.taxtmi.com/acts?id=19408