<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Clarification with respect to amendments to Customs and Central Excise notifications for EOUs</title>
    <link>https://www.taxtmi.com/circulars?id=59014</link>
    <description>Amendments align Customs and Central Excise notifications for EOUs with the current Foreign Trade Policy and GST framework, permitting temporary clearance of imported goods without immediate payment of Customs duties, IGST and Compensation Cess while leaving GST liability on supply to GST law; requiring duty on DTA clearance to match the exemption availed at import (with depreciation preserved for capital goods and transaction-value treatment for leftover textiles); updating procedural references, replacing obsolete notifications and enactments, extending re-import windows for specified electronics, and revising the B-17 general surety bond for new EOUs while preserving existing bonds.</description>
    <language>en-us</language>
    <pubDate>Wed, 12 Dec 2018 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 08 Jan 2019 11:14:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=551727" rel="self" type="application/rss+xml"/>
    <item>
      <title>Clarification with respect to amendments to Customs and Central Excise notifications for EOUs</title>
      <link>https://www.taxtmi.com/circulars?id=59014</link>
      <description>Amendments align Customs and Central Excise notifications for EOUs with the current Foreign Trade Policy and GST framework, permitting temporary clearance of imported goods without immediate payment of Customs duties, IGST and Compensation Cess while leaving GST liability on supply to GST law; requiring duty on DTA clearance to match the exemption availed at import (with depreciation preserved for capital goods and transaction-value treatment for leftover textiles); updating procedural references, replacing obsolete notifications and enactments, extending re-import windows for specified electronics, and revising the B-17 general surety bond for new EOUs while preserving existing bonds.</description>
      <category>Circulars</category>
      <law>Customs</law>
      <pubDate>Wed, 12 Dec 2018 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=59014</guid>
    </item>
  </channel>
</rss>