TaxTMI 
TaxTMI 
EOUs - Traqnsparent Procedure for operation of units under 53/97-Cus - 13/81-Cus Rescinded
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....issue of Notification No. 53/ 97- Cus. dated 3rd June, 97. I am directed to enclose a copy of Notification No. 53/ 97- Cus dated the 3rd June, 1997 for your information and further necessary action. Notification No. 13/ 81-Cus. provided for duty free import of goods required by 100% EOUs for the purpose of manufacture of articles for export or for being used in connection with production or ....
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....resulting in earning of foreign exchange. (Para No. 1 of the Notification refers.) ii) 100% EOUs were not able to take job work of repair and maintenance or part manufacture of goods imported which can be returned to the overseas suppliers. Para 9.22 of the Exim Policy 1997-2002 also provides for reconditioning, repair and reengineering for exports. The present Notification provides for d....
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.... of funds. Some of the goods could not be destroyed within the unit because of the restriction imposed by the Municipal Corporation Controlling or governing pollution control. It is proposed to authorise Asst. Commissioner to allow destruction of such goods without payment of duty either inside or outside the 100% EOU wherever necessary. (Para 12 of Notification refers). v) There was no e....
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.... Notification refers). vii) Presently inter unit transfer is allowed only for the purpose of manufacture and export or for use within the transferee unit. The transferee unit could not export the goods as such so received nor he could send back the said goods in case he found the goods was not usable or surplus to his requirement. It has now been provided for allowing such transfers. (Par....