Ind as 20: applicability for eou units


(Querist)
09 January 2019
An EOU Unit is exempted form payment of custom duty on Raw material/ Capital goods imported by it. Is this exemption to be treated as Government Grants. As per ITFG clarification custom duty exemption for SEZ and STP units should be treated as Government Grants.

In case of EOU what is the Impact, if it imports Raw material. Please provide an example for Entries, if possible.

Thanks
Ajith



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