https://www.taxtmi.com/forum/issue?id=112584 EOU scheme continues under the Foreign Trade Policy with most entitlements maintained; EOUs are no longer customs bonded warehouses and prior GST exemptions have been removed. For inter unit transfers between EOUs Basic Customs Duty exemption continues, but GST is payable. Consequently, pre GST billing practices, including invoicing or settlement in foreign currency between EOUs, may continue albeit subject to the new GST liability and changed customs status. en-us Fri, 11 Aug 2017 17:02:01 +0530 Thu, 23 Jan 2025 15:55:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112584 EOU scheme continues under the Foreign Trade Policy with most entitlements maintained; EOUs are no longer customs bonded warehouses and prior GST exemptions have been removed. For inter unit transfers between EOUs Basic Customs Duty exemption continues, but GST is payable. Consequently, pre GST billing practices, including invoicing or settlement in foreign currency between EOUs, may continue albeit subject to the new GST liability and changed customs status. Discussion-Forum FEMA Fri, 11 Aug 2017 17:02:01 +0530 https://www.taxtmi.com/forum/issue?id=112584