Export Oriented Units - CBEC's Customs Manual 2023 - Customs

..... up units with long term commitment to exports under Customs bond operations provided they had the freedom to locate them in places of their choice and given most of the benefits as provided to units set up in the Zones. 1.2 The EOUs are governed by the provisions of Chapter 6 of the Foreign Trade Policy (FTP) and its procedures, as contained in the Handbook of Procedure (HBP). Provisions of the said Chapter 6 and its procedures have also been made applicable to the Electronics Hardware Technolog .....

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Export Oriented Units - CBEC s Customs Manual 2023 - Customs

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..... in ITC (HS). 1.4 Some benefits that are extended to the EOUs to impart to them a competitive edge to compete in export market are, as follows: (i) EOUs are allowed to import raw materials/ capital goods duty free (including exemption from IGST and Compensation cess up to 31.03.2021), and also allowed to procure excisable goods without payment of duty indigenously; (ii) Reimbursement of Central Sales Tax (CST); (iii) CENVAT credit of excise duty/ITC of GST on the goods and service and refund ther .....

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Export Oriented Units - CBEC s Customs Manual 2023 - Customs

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