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Basic Requirements for setting up an EOU (Check-list)

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..... Basic Requirements for setting up an EOU (Check-list)
News and Press Release
Dated:- 6-5-2009

i) Planing your venture: - Is it on your own - With foreign participation and nature of participation (foreign investment allowed 100%) ii) What product do you intend to manufacture - Product/By-product - Does it requires clearance from Central/State Government authorities - Is it .....

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..... an SSI Unit. If so, registration is required as an SSI iii) Technology to be used - Indigenous/foreign - Related costs and conditions iv) Feasibility report - On your own or with help of consultant v) The finances involved - Land, structure, buildings etc (Please note, building construction material is not exempted from duty) - Capital goods, machinery etc - Payment for royalties e .....

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..... tc . - Administration and establishment - Others : like interest on loans, related taxes and levies etc. vi) The current competition overseas - Main competitors - Demand and price-levels. vii) The import laws and other requirements in target markets - Any fiscal/non-fiscal barriers, like anti-dumping laws - Quota restrictions - Preferential treatment to competitor countries viii) L .....

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..... ocation of the unit - Whether it is located close to a port or railroad - Availability of raw materials - Manpower availability - Environment clearance needed if unit is located 25 kms from an urban town ix) Capital goods, machinery and equipment to be used - indigenous or foreign - Related costs x) The raw materials and other inputs, like consumables etc that would be required: - .....

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..... Source - Cost - Monthly, quarterly and annual requirements xi) The production process and the related inputs - Whether production process requires air-conditioning plants, special furnaces or kilns etc. - Details and costs (Please note, air-conditioning equipment permitted duty free only if it is essential for production process). xii) The production capacity and spare capacity: - Do y .....

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..... ou intend to utilise the same by doing sub-contracting work for other export units in DTA or Export Oriented Unit (EOU)/Export Processing Zone (SEZ ) units. - Details of sub-contractors - Related costs xiii) Any by-products turned out in the production process - Details of by-products - Whether these would be exported or sold in Domestic Tariff Area (DTA) xiv) Effluents or waste-material .....

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..... - How do you propose to treat these or discharge them. xv) Packaging - Details of packaging - Source - Cost xvi) Power - Whether the normal grid could supply adequate power - Whether there would be need for a captive power plant - Cost of power plant - Fuel that would be required for captive power plant (e.g. furnace oil, LPG, coal etc). xvii) Duties, taxes and fiscal levies bot .....

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..... h, Central and State-level - Customs and Excise levies - Sales tax, Octroi etc - Power tariffs and duties xviii) Other information - The company should be registered - A current account with a bank authorised to deal in foreign exchange should be opened. - Registration-Cum-Membership Certificate (RCMC) should be obtained from the office of the concerned Development Commissioner. - S .....

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..... ales tax registration be obtained from the Sales Tax Department xix) Mandatory clearances from State Government's - Pollution clearance certificate - Approval of building plan in cases where building is proposed to be constructed. - Registration as a small scale industrial unit, if applicable - Registration under Factories Act
News - Press release - PIB .....

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