Duty Exemption for purchases on behalf of an EOU

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K. CHITRA (Querist)
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14 December 2010 A company undertakes a contract of an EOU unit for procurement and installation of a machinery. Whether it can procure such capital good with duty exemption. If yes, what is the procedure involved ??

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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21 December 2010 AS PER FOREIGN TRADE POLICY 2010-11, CHAPTER 6, PARA 6.4(A) AN EOU/EHTP/STP/BTP UNIT ON THE BASIS OF A FIRM CONTRACT BETWEEN PARTIES, SOURCE CAPITAL GOODS FROM A DOMESTIC / FOREIGN LEASING COMPANY WITHOUT PAYMENT OF CUSTOM / EXCISE DUTY .

REGARDS,

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