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Removal of Brass Borings/Scrap to the Job Worker for Recycling into Brass Bars-Reg

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....val of Brass Borings/Scrap to the Job Worker for Recycling into Brass Bars-Reg. I am directed to invite your attention to the Board's Circular No.15/96-Cus. dated the 8th March, 1996 on the above subject. 2. It has been brought to the notice of the Board by an EOU manufacturing engineering products  that during the course of production of brass glands, a lot of brass boring is....

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....he year 1996 and since then the EOU/EPZ Scheme has undergone significant changes in respect of subcontracting of production and production process. Under the present Export and Import Policy 2002-2007, the EOUs and units in EPZ are allowed to subcontract 50% of the overall production of previous year in value terms for job work in DTA with the permission of Customs authorities.  Having reg....