TMI BlogImport of specified goods for use in manufacture of export goods by 100% E.O.U. exemptedX X X X Extracts X X X X X X X X Extracts X X X X ..... xure-II for export out of India or for being used in connection with the production, manufacture or packaging of the said articles specified in Annexure-II for export out of India (hereinafter referred to as the specified purpose) by hundred percent export oriented undertakings approved by the Board of Approvals for hundred percent Export Oriented Undertakings, appointed by the notification of the Government of India in the former Ministry of Industry and Civil Supplies (Department of Industrial Development) No. S.O. 163(E)/RLIU/10(2)76, dated the 3rd March, 1976, from the whole of the duty of customs leviable thereon under the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and the additional duty, if any, leviable thereon unde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (5) the importer shall maintain a proper account of import, consumption and utilisation of the said goods and of exports made by him, and shall submit such account periodically to the Development Commissioner in such form and in such manner as may be laid down by the said Development Commissioner; (6) the Assistant Collector of Customs may, subject to such conditions and limitations as may be imposed by him and subject to the provisions of the Export Import Policy - (a) allow a unit to re-export the said goods; (b) permit the said goods or goods produced, manufactured or packaged in the unit to be taken out temporarily without payment of duty for repairs, processing, testing or display and to be returned to the unit thereafter; and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 975), or the exemption available to goods imported under the Export Promotion Capital Goods (EPCG) Scheme in terms of the Export and Import Policy of any other Export Promotion Schemes. Explanation. - The depreciation in respect of goods covered by clause (a) shall be allowed for the period from the date of commencement of commercial production of the unit or where such goods have been imported after such commencement from the date such goods have come into use for commercial production, upto the date of payment of duty. Notwithstanding anything contained in this notification the exemption contained herein shall also apply to the said goods which on importation into India are used for the purposes of production, manufacture or packagi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k and parent stock), used for breeding or rearing purposes, other than horses. 4. Growing media such as Peat Moss (including peat litres) (whether or not agglomerated), Pearlite/ Vermiculate, Rockwool, Cocoa Peat, Hydrocorn, Foam based medium and other cultivation medium. 5. Office equipments as permissible for import by the 100% export oriented unit. 6. Fertilizers and chemicals for pre and post harvest treatments such as micro nutrients, plant and growth regulators and other organic and inorganic substances used for plant nutrition, insecticides, fungicides, weedicides, herbicides, and the like. 7. Animal feed such as cattle feed and poultry feed. 8. Veterinary medicines including vaccines. 9. Packaging materials including mac ..... X X X X Extracts X X X X X X X X Extracts X X X X
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