Duty Free Import/ procurement by Trading Units - Amendments in the Notifications relating to EOU /ETHP /STP schemes – Reg

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....4/2002-FTT Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) Sub:-  Duty Free Import/ procurement by Trading Units - Amendments in the Notifications relating to EOU/ETHP/STP schemes -  Reg. I am directed to invite your attention to the Export and Import Policy and Handbook of Procedures, 2002-07 announced by the Min....

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....nits under  EOU Scheme  2. However, requests were received to allow the trading units which were in existence prior to 31-3-2002 to continue trading under the EOU Scheme till expiry of their LOP (Letter of Permission).   3. The matter  has been  examined in the Board and it has been decided to allow the trading units which were in existence p....

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....procurement or import of goods under the amended notifications, it may be verified  if the unit was in existence prior to 31-3-2002 and  has a valid LOP even now to operate under EOU Scheme as on 2-1-2004 i,e the date of issuance of the notification 1/2004-Cus and 1/2004-CE. The benefit of exemption to the trading units has been allowed for a limited period only and would not b....