EOUs, EPZ, SEZ etc. Units
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....ng amendments in the Export and Import Policy, 1997-2002 (incorporating amendment up to 31.3. 2000). 1. The following shall be added as paragraph 9.13(d):- Duty paid on furnace oil, procured from domestic oil companies, would be reimbursed to EOU/EPZ/EHTP/STP units by the Development Commissioner of the concerned Zone as per the rate of Drawback notified by the Directorate General of Foreign Trade from time to time. 2. The paragraph 9.19 shall be amended to read as under:- Capital goods and spares that have become obsolete/surplus may either be exported or disposed of in the DTA on payment of applicable duties. The benefit of depreciation, as applicable, will be available in case of disp....
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....bcontract part of their production or production process of gold/silver/platinum jewellery in the DTA subject to the condition that the goods, finished or semi-finished, including studded jewellery, containing quantity and purity equal to the gold/silver/platinum so taken out, shall be brought back to the Zone within 30 days. However no diamond, precious or semi-precious stones shall be allowed to be taken out of the Zone for sub-contracting. (ii)Receive plain gold/silver/platinum jewellery from DTA in exchange of gold/silver/platinum of equal quantity and purity. (iii)SEZ units shall not be eligible for wastage or manufacturing loss against the jewellery received from DTA after processing as mentio....
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....; higher wastage/manufacturing loss, the committee shall satisfy itself of the reasonableness of the same. 10. The paragraph 9.41 shall be amended to read as under:- Paragraphs 8.21, 8.28, 9.2, 9.3, 9.4, 9.6, 9.7, 9.8, 9.10(a),(c), (d), (e) & (f), 9.11, 9.12, 9.13, 9.14, 9.15, 9.16, 9.18, 9.19, 9.23, 9.24, 9.26, 9.27 of the Policy shall apply to SEZ units. No provision of Chapter 8 of the policy shall apply to SEZ units unless otherwise specified. This issues in Public Interest. &nb....
TaxTMI