Circular

NOTIFICATION NO. 72/2007, DT. 22/01/2008

Document type: Circular
Reference no.: K
Dated: 25 Apr 2012
Category: Notifications Issued In The Year-2007

Para 6.18 (d) : Exit from EOU Scheme - Capital goods under the prevailing EPCG Scheme for DTA Units

NOTIFICATION NO. 72/2007, DT. 22/01/2008

Para 6.18 (d) : Exit from EOU Scheme - Capital goods under the prevailing EPCG Scheme for DTA Units

S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy (FTP), 2004-2009, as amended, the Central Government hereby makes the following amendments in FTP, 2004-2009 (Updated as on 19.4.2007):

1. Paragraph 6.18 (d) is amended to read as under:

An EOU/EHTP/STP/BTP unit may also be permitted by Development Commissioner, to exit from the scheme at any time on payment of duty on capital goods under the prevailing EPCG Scheme for DTA Units. This will be subject to fulfillment of positive NFE criteria under EOU scheme, eligibility criteria under EPCG Scheme and standard conditions indicated in HBP V.1.

This issues in Public interest.

Sd/-

(R.S. Gujral)
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India

(Issued from F. 01/92/180/143/AM08/PCII )

NOTIFICATION NO. 72/2007, DT. 22/01/2008

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