TMI BlogFTP 2014_2019X X X X Extracts X X X X X X X X Extracts X X X X ..... As per Para 6.08 (a) , EOU unit may clear goods by paying concessional rate of duty upto the 90% of FOB value Export and Expected to Export of a specific product. Please clarify the obligation if the material is cleared against expected to be export basis. - Reply By Suryanarayana Sathineni - The Reply = Dear Friend, It is Para 6.8 (a) and not 6.08(a) as stated by you. As per this ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , an EOU other than gems and jewellery units can ... Sell in DTA upto to 50% of FOB value of its exports on payment of concessional duties If an EOU is manufacturing more than one product, then it can clear in DTA any of the products up to 90% its FOB Value ( of that particular product exported or expected to be exported) subject to the condition that th total value of clearances should b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e in the over all limit of 50% permitted. Best Regards Suryanarayana - Reply By JAIPRAKASH RUIA - The Reply = Dear Sir, Thank you for correcting me and your valuable reply, but my query is related to post reply and for expected to export . What will be procedure for supply against expected to export and upto what period this export obligation should be made. - Reply By JAIPRAKAS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... H RUIA - The Reply = the Para as available in FTP on website. 6.08 DTA Sale of Finished Products / Rejects / Waste/ Scrap / Remnants and By-products Entire production of EOU / EHTP / STP / BTP units shall be exported subject to following: (a) Units, other than gems and jewellery units, may sell goods upto 50% of FOB value of exports, subject to fulfilment of positive NFE, on payment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of concessional duties. Within entitlement of DTA sale, unit may sell in DTA, its products similar to goods which are exported or expected to be exported from units. However, units which are manufacturing and exporting more than one product can sell any of these products into DTA, upto 90% of FOB value of export of the specific products, subject to the condition that total DTA sale does not exceed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the overall entitlement of 50% of FOB value of exports for the unit, as stipulated above. No DTA sale at concessional duty shall be permissible in respect of motor cars, alcoholic liquors, books, tea (except instant tea), pepper pepper products, marble and such other items as may be notified from time to time. Such DTA sale shall also not be permissible to units engaged in activities of pack ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aging / labelling / segregation / refrigeration / compacting / micronisation / pulverization / granulation / conversion of monohydrate form of chemical to anhydrous form or vice-versa. Sales made to a unit in SEZ shall also be taken into account for purpose of arriving at FOB value of export by EOU provided payment for such sales are made from Foreign Currency Account of SEZ unit. Sale to DTA woul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d also be subject to mandatory requirement of registration of pharmaceutical products (including bulk drugs). An amount equal to Anti Dumping duty under section 9A of the Customs Tariff Act, 1975 leviable at the time of import, shall be payable on the goods used for the purpose of manufacture or processing of the goods cleared into DTA from the unit. - Reply By Suryanarayana Sathineni - The Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y = Dear Friend, The Phrase Expected to be exported generally indicates that the proposed quantity/value of a particular new or existing products likely to be exported in a year based on the internal projections based on the market trends. Further, the word used by you saying cleared against expected to export , can I presume that you mean that you are clearing a product in DTA against whi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch you are expected to export? Best Regards, Suryanarayana - Reply By MARIAPPAN GOVINDARAJAN - The Reply = FTP PERIOD IS 2015-2020 NOT AS 2014-2019 MENTIONED BY YOU - FTP 2014_2019 - Query Started By: - JAIPRAKASH RUIA Dated:- 6-12-2016 Other Topics - Got 5 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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