https://www.taxtmi.com/acts?id=41752 Automatic approval under the EOU scheme requires the Unit Approval Committee to verify promoter credentials-residence proof, three years of income tax returns, experience, and marketing tie ups-conduct site inspection for EOUs, and check for pending diversion cases. Personal interviews may be used unless promoters are well established. Recycling units must show ingot making and value addition. Projects in sensitive sectors require personal verification of directors and factory inspection before signing the LUT, with verification possibly carried out by designated local officials. en-us Mon, 08 May 2023 17:48:25 +0530 Mon, 08 May 2023 17:48:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41752 Automatic approval under the EOU scheme requires the Unit Approval Committee to verify promoter credentials-residence proof, three years of income tax returns, experience, and marketing tie ups-conduct site inspection for EOUs, and check for pending diversion cases. Personal interviews may be used unless promoters are well established. Recycling units must show ingot making and value addition. Projects in sensitive sectors require personal verification of directors and factory inspection before signing the LUT, with verification possibly carried out by designated local officials. Act-Rules DGFT Mon, 08 May 2023 17:48:25 +0530 https://www.taxtmi.com/acts?id=41752