GUIDELINES FOR CONVERSION OF DOMESTIC TARIFF AREA (DTA) UNIT INTO EXPORT ORIENTED UNIT (EOU)/ ELECTRONIC HARDWARE TECHNOLOGY PARK (EHTP)/ SOFTWARE TECHNOLOGY PARK (STP)/ BIO-TECHNOLOGY PARK (BTP) UNIT

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Development Commissioner (DC) in a manner as applicable to new units. (2) After getting approval of the project and obtaining Letter of Permission (LOP) from DC, execute Legal Undertaking (LUT) in prescribed format with DC. (3) Thereafter, execute B-17 bond with concerned Customs/Excise authority. WHERE ADVANCE AUTHORISATION IS PENDING REDEMPTION (3.1) If the unit is having outstanding export commitment under advance authorization scheme, following procedure before execution of Bond with customs and Central Excise Authority needs to be adopted. (i) Approach concerned Customs & Central Excise Authority and obtain certificate showing physical verification of unutilized material held in stock against all advance authorizations (....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....gainst all the advance authorizations issued already EPCG AUTHORIZATION (4) In case there is an outstanding export commitment under EPCG Scheme, it will be added to future export obligation by adding value of capital goods to the imported capital goods value of the EOU and all previous obligations under EPCG would cease to exist on such inclusion.   ANNEXURE FORM OF LEGAL UNDERTAKING FOR CONVERSION OF DTA UNIT INTO EOU M/s ___________________________ _____________________ were granted Advance/ EPCG Authorization Nos._______________________________ dated ________________ for manufacture and export of _____________________________________ subject, inter-alia, to condition that they would achieve required export obligati....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ch penalties are required to be paid to the Director General of Foreign Trade without any demur or protest. Full and expanded description of the unit with full address. IN WITNESS WHEREOF the unit hereto has duly executed this agreement on ______________________________ this ______________________________ day of ___________________________201__ signed, sealed and delivered by the unit in the presence of : 1 Name __________________________ Address___________________________ 2. Name ___________________________ Address__________________________ __________________________ (To be authenticated/affirmed by 1st class Magistrate/ Notary Public) Accepted by me on behalf of the President of India. Dy./Jt.DGFT] &nbs....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....NCE AUTHORISATION IS PENDING REDEMPTION (3.1) ^2[ If the unit is having outstanding export commitment under advance authorization scheme, following procedure needs to be adopted : ] (i) Approach concerned Customs & Central Excise Authority and obtain certificate showing physical verification of unutilized material held in stock against all advance authorizations (not yet redeemed) and such raw material as intended to be carried forward to EOU; (ii) Approach Regional Authority along with a copy of the following documents: (a) LOP/LUT executed with DC, (b) Certificate of stock verification obtained from Customs/Central Excise (c) LUT with RA as annexed. (d) Details of imports/exports against all ad....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....___________________________ _____________________ were granted Advance/ EPCG Authorization Nos._______________________________ dated ________________ for manufacture and export of _____________________________________ subject, inter-alia, to condition that they would achieve required export obligation as per provisions of Duty exemption/EPCG Scheme. The unit filed a Bond with Bank Guarantee/ legal undertaking with President of India through Commissioner of Customs --------------------for achieving the above mentioned commitments. As against above commitments, the unit's actual performance has been as under: - Year Import Export   CG       RM     The unit a....