Shipping bill

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 October 2013 Could anyone tell me, that if i want to move some capital goods from one SEZ unit to another SEZ unit.

should i need to file shipping Bill for the same transaction?

one of our client needs to do the same.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

30 October 2013 More Info:

https://www.cbec.gov.in/customs/cs-circulars/cs-circulars06/17-2006-cus.htm

must read:

Supply of Goods by one 100% EOU/EPZ Unit to another 100% EOU/EPZ Unit against payment in foreign exchange
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100% EOUs and units in EPZs have been permitted to sell goods manufactured by

them to other 100% EOUs/EPZs units against payment in foreign exchange provided such goods are required as input by buyer EOU/EPZ unit for its export production and both the buyer and supplier units comply with the relevant provisions of Exim Policy in force and the prescribed value addition criteria. Authorised dealers may sell foreign exchange to buyer units on receipt of application on form A2 containing details of the payments such as name, address of the EOU/EPZ beneficiary, cost of goods duly supported by documentary evidence such as invoice/bill etc. Such sales should be reported to Reserve Bank on form A2 in appropriate R Return together with copies of the relative invoice/bill and other required details.

NOTE:

The above provisions will also apply, mutatis mutandis, to supply of computer services and hardware by one unit in Software Technology Park (STP)/ Electronic Hardware Technology Park (EHTP) to another unit in STP/EHTP against payment in foreign exchange.

Supply of goods by 100% Export Oriented Units (EOUs)/Units in Export Processing Zones (EPZs), Electronic Hardware Technology Parks (EHTPs) and Software Technology Parks (STPs) to units in Domestic Tariff Area (DTA) against payment in foreign exchange

In terms of paragraph 9.10(b) of Chapter 9 of Export and Import Policy (1997-2002)

supplies made in Domestic Tariff Area (DTA) by EOUs and units in EPZs, EHTPs and STPs against payment in foreign exchange shall be counted towards fulfilment of the export obligation. Accordingly, concerned authorities may permit EOUs, units in EPZs, EHTPs and STPs to sell goods to buyers in DTA against payment in free foreign exchange. Authorised dealers may allow the buyers in DTA to make payment in free foreign exchange including funds held in their Exchange Earners Foreign Currency (EEFC) Accounts, without prior approval of the Reserve Bank. Authorised dealers should ensure that the seller EOUs, units in EPZs, EHTPs and STPs have been specifically authorised by the concerned authority to sell their goods in DTA and that the relative provisions of the Export and Import Policy and the terms and conditions of the permission granted by the concerned authority have been fully complied with.

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