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

FORM OF LEGAL AGREEMENT FOR EOU/SEZ UNITS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vide Letter No. ___________dated _________to the Unit the terms and conditions for setting up the EOU unit for manufacture/service of __________________and the Unit has duly accepted the said terms and conditions vide their letter No.__________dated __________. AND WHEREAS the unit has been permitted to import/purchase indigenously Plant and Machinery, raw materials, components, spares and consumables free of Import / Central excise duty as per details given at Annexure I. And whereas a license has been granted to the unit by the Government, subject to the achievement of positive NFE as provided for in EOU Scheme. NOW THIS AGREEMENT WITNESSETH AS FOLLOWS: 1. The unit shall achieve positive NFE as per Para 6.5 of FTP. 2. Such performance shall be subject to annual monitoring by the Development Commissioner (DC) having jurisdiction over its activities under the guidelines issued by the Ministry of Commerce, Government of India from time to time and the unit shall be liable for penalty under the Foreign Trade (D R) Act, 1992 as amended from time to time for failure to fulfill such obligation. For the purpose of counting NFE under the EOU scheme, exports to Nepal .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ill such conditions shall also, without prejudice to any other mode of recovery be recoverable in accordance with the provisions of Section 142 of the Customs Act, 1962 / Section II of the Central Excise Act, 1944 and rules made thereunder and/or from any payment due to the Unit from the Government. 9. Any order issued by the Government in this regard shall be final and binding and the Unit thereby undertakes to comply unconditionally with such an order. 10. The unit shall be bound by the changes made in the provisions of EOU Scheme from time to time. 11. The unit shall have an operational Web-Site. 12. Any changes in the Board of Directors/Partners, telephone No., E-mail address, Web-Site, Pass port No., Bank Address and Factory address shall be duly intimated by the unit within a fortnight. 13. Any Stamp Duties payable on this document or any document executed thereunder shall be borne by the Unit. In witness thereof the common seal of _____________has been here into affixed and for and on behalf of_______________has set and subscribed his hands here into. Common seal of the within named Unit has been affixed here into in the presence. Signature of (I) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... : To Start/ Started Over/Building purchased c. Electricity : Not applied Applied on Available d. Water : Not applied Applied on Available e. Telephone/Fax : Not applied Applied on Available 8. Employment: a) No. of Men Workers employed in the unit Managerial Skilled Unskilled b) No. of Women workers employed Managerial Skilled Unskilled c) TOTAL: 9. Imports during the quarter (Rupees in Lakhs) Cumulative During the Quarter a. Value of Capital Goods imported b. Value of Raw Materials, Com .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y of the unit must be sent to the zone electronically. ANNEXURE-IV FORMAT FOR ANNUAL PROGRESS REPORT FOR THE WORKING UNITS Period ----- PERIOD OF REPORTING: ANNUAL (APRIL-MARCH) 1. Details of the Unit a) Name of the Unit b) IEC. No. 2. PERIOD OF REPORTING 3 Approval No. Date 4. Item of manufacture/service - Annual Capacity (Details of all items to be provided) a) b) 5. Factory Location/Address/Telephone No. 6. Regd.Office Address/Tel/Fax No 7. (a) Permanent E-mail Address (Compulsory) (b) Web Site 8. Date of commencement of production Details of production figures Quantity(MT/pieces) Value(Rs. in lakhs) 9. Details of Foreign Exchange Inflow/Outflow EXPORT(INFLOW) (Rs. in Lakhs) $ in Million 10. FOB value of exports for the Year a) GCA exports b) RPA exports c) Total: 11. (a) Goods sold in DTA in terms of Para 6.9(b) of the Chapter 6 of the Foreign Trade Policy for year (b) Deemed export for other categories during the year Total 12. Cumulative exports up to the curren .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (e) Total Quantity Value 36. DTA sale on full duty Quantity Value 37. Items of manufacture/service Annual capacity (at the end of financial year) 38. Foreign/NRI/Indian investment (to be submitted annually Foreign/NRI Indian i) Authorised capital ii) Paid up capital iii) Foreign Direct Investment - (I) Approved (II) Actual Inflow during the year (III) Cumulative balance for the year iv) NRI capital (I) Approved (II) Actual Inflow during the year (III) Cumulative balance for the year 39. Employment: a) No. of Male Workers employed in the unit Total Managerial Skilled Unskilled b) No. of Women workers employed in the unit Total Managerial Skilled Unskilled c) TOTAL: (a + b) 40. OTHER INFORMATION : .....

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