Wednesday, January 6, 2016

Through Notification No.3 (RE-2013)/2009-2014 dated 18.04.2013

3.17.2 Ineligible Exports Categories/ Sectors

- For VKGUY, FMS, FPS (including MLFPS) and Status Holders Incentive Scrip, the following exports / categories/sectors shall be ineligible for Duty Credit Scrip entitlement:

(i)       EOUs / EHTPs / BTPs who are availing direct tax benefits / exemption;
(ii)      Export of imported goods covered under Para 2 .35 of FTP;
(iii)     Exports through transshipment, meaning thereby that exports originating in third country 
           but transshipped through India;
(iv)     Deemed Exports;
(v)      Exports made by SEZ units or SEZ products exported through DTA units; and  
(vi)     Items, which are restricted or prohibited for export under Schedule-2 of Exp.Policy in ITC- HS

from the above, the conditions under para 3.17.2 (i) is deleted with effect from 18.04.2015

So now now no need give any type declaration of EOU units for availing chapter-3 benefits for exports made on or after 18.04.2013.

No comments: