Clarification - custom bonding, Customs - Exim - SEZ

[Jayesh Shah]

It is obligatory for EOU to work under Customs Bonding (Sec.58 & 65)even in case when no import of goods under  notifications no. 52/2003 ever required. There is no parella provision unlike EXIM POLIY given under new FTP. Comments with the authority.

Posts / Replies

[Surender Gupta]

Once you opt for EOU scheme and furnish bond for establishment of EOU, you have to comply with the procedural formalities as applicable to EOU even if you do not Import any goods under exemption notification.