Conversion of DTA unit in EOU

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..... Dear Experts. A owner has two units A B . Both are manufacturing excisable products. In unit A , semi finished and finished products are manufactured. Finished product are sold directly from this unit,semi finished products sent to unit B for further processing under Job work and exported directly from unit B . like wise this, In unit B , finished and semi finished products are manufa .....

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..... ctured. Finished product are sold directly from this unit,semi finished products sent to unit A for further processing under Job work and returned back to unit B and exported from unit B . Both the units also doing job work for other manufactures and sending for job work to other manufacturer under Notification No.214/86. There are 20 % domestic sale and 80% export, hence owner wants to con .....

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..... vert in EOU,please suggest procedure in details. - Reply By Mahir S - The Reply = Broadly speaking, DTA units intending to get converted into EOU unit will follow the procedure as below for such conversion:- (1) Apply to concerned Development Commissioner (DC) in a manner as applicable to new units. (2) After getting approval of the project and obtaining Letter of Permission (LOP) from DC, exe .....

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..... cute Legal Undertaking (LUT) in prescribed format with DC. (3) Thereafter, apply for private bonded licence to concerned Customs/ Central Excise authority with execution of B-17 Bond. You may also refer to Para 6.38 of Foreign Trade Handbook of Procedure 2015-2020 and also approach your jurisdictional Assistant Commissioner for further guidance. - Conversion of DTA unit in EOU - Query Started .....

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..... By: - Narendra Soni Dated:- 24-10-2015 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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