06 January 2011
An EOU has applied for exit scheme and the application has not yet considered.
Can the EOU apply for a special permission to send its goods for jobwork at three different places in India after appplying for exit scheme which is not yet considered?
What is the procedure of import of goods by EOU which has been sent for jobwork at DTA?
08 January 2011
Refer to circular no.305/119/87 dtd. 17.11.1987,
yes,
It has been provided that requests in this regard will be considered by the concerned Commissioners of Customs and Central Excise on the basis of relevant factors, such as feasibility of the bonding of the operations, satisfactory identification of the goods on return after job work, fixation of input-output norms, furnishing of undertaking/bond by the concerned units etc. It would be necessary that adequate safeguards are taken to ensure that there is no leakage of non-duty paid material/goods to the Domestic Tariff area.
the unit would be required to furnish 100% bank guarantee to cover the duty foregone on such duty free material being taken out for job work.