DTA clearances from EOUs/ EPZ Units against payment of full duty
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.... a concessional rate of duty to goods cleared from EOUs/ EPZUs/ STPUSs, which are allowed to be cleared in accordance with provisions of the EXIM policy and certain specified notifications of the Ministry of Commerce. The concession is up to the extent of 50% of each of the duties of customs leviable thereon. Consequent to the amendment of the said notification, vide amending notification No. 1....
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....ods could be cleared on payment of full duties of customs leviable thereon, without applying the benefit to notification 2/95 CE. The matter has been examined by the Board. It is seen that there should be no objection for clearance of goods produced in such units on payment of full duties of customs leviable thereon. However, the units should produce letters of permission from competent authori....
TaxTMI