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Procedure for bonding

Central Excise - 100% Export Oriented Unit Scheme - 100% EOU Scheme - 07 - Except where otherwise provided, the operations of an EOU are to be carried out in a Customs Bonded area i.e. a licence under section 58 of Customs Act, 1962 is required to be obtained by EOU. The requirement of physical bonding of the premise of the unit has been exempted in case of horticulture farms, aquaculture farms, granite quarries. In terms of Customs Act, 1962, licences for Public Bonded Warehouse and Private Bon .....

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