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TRADING IN EOU

Customs - Started By: - SURESH KUMAR - Dated:- 30-12-2015 Last Replied Date:- 31-12-2015 - I need to know whether trading activities can be done in EOU. What I mean is that can an EOU by raw materials / inputs without payment of duty but clear the same to DTA on payment of applicable rate of duty on regular trading basis? - Reply By YAGAY AND SUN - The Reply = EPCES CIRCULAR NO.29 DATED 6.1.04 L.B. Singhal Director General Sub : i) Postponement of implementation of SEZ Rules and Regulations till .....

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the EOU in respect of trading EOUs which were in existence prior to 31-3-2002. At present trading activities in the EOU is not allowed. Trading activities in the EOUs have been discontinued from 31-3-2002. However, prior to this, trading activities in the EOUs were allowed. After discontinuance of trading activities under the EOU Scheme, the existing trading EOUs had been representing that they should be permitted to continue their trading activities as LOP/LOI had been issued prior to discontin .....

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so imported in the domestic tariff area or remove samples in the domestic tariff area; (ii) export goods through merchant exporter or through any other exporters; (iii) transfer the goods to other export oriented undertaking or unit in Electronic Hardware Technology Park (EHTP) or Software Technology Park (STP) or Special Economic Zone; (iv) remove the goods outside the bonded premises for the purpose of jobwork; Above stated notifications are available on the Department of Revenue, CBEC website .....

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