Home Forum Customs - Exim - SEZ Month 8 2023 2023 (8) This
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Trading activities for export by an E.O.U. - Customs - Exim - SEZExtract Respected Sir As per New F.T.P. Policy 2023 Para 6.01(a) An E.O.U. may export all kind of Goods And Services except Items that are prohibited in ITC(HS) Para 6.01(d)(i)(iii) may procure all types of Goods from D.T.A. on payment of applicable G.S.T. Para 6.07 (a)(i) E.O.U. may sell finished goods manufactured by them as specified in L.O.P. After Combined reading of Para 6.01(a) and 6.01(d)(i)(iii) can the E.O.U. do the trading activities for Export i.e. procure Goods from D.T.A. in terms of Para 6.01(d)(i)(iii) avail ITC and export in terms of Para 6.01(a) even if it is not specified in L.O.P. Example: An E.O.U. (XYZ) gets an order from overseas buyers and then places an order to a local D.T.A. unit (ABC) who is manufacturing/ supplier of the same product. The D.T.A unit (ABC) supplies the goods to E.O.U.(XYZ) after payment of G.S.T. The E.O.U. unit avails I.T.C. and after relabelling Exports to the Overseas buyer. Is the above procedure correct and allowed post G.S.T. or is it mandatory to have the said product specified in L.O.P.
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