Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

EOUs - Imports of fuel lubricants and consumable, allowed freely on customs/ DC's approved

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... furnace oil to 100% EOUs. Requirement of separate license - regarding It has been brought to the notice of the Board by Ministry of Commerce and Petroleum and Natural Gas that the 100% EOUs are facing problems because of differing interpretations of the provisions of the Notification No. 13/ 81-Cus. It provides for duty free import of specified goods for the purpose of manufacture of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nits is itself a licence. 4. I am directed to clarify, that letter of approval issued for procurement of duty free furnace oil by the Board of Approval or Development Commissioner may be treated as licence and the specified quantity of Furnace Oil and P.O.L. product be released to the EOUs. 5. The above provisions will also apply for procurement of petroleum products by EOUs from indig .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates