2.11
- Document type
- Procedure
- Dated
Validity of IEC for EOUs / SEZs
2.11
Validity of IEC for EOUs / SEZs
An IEC will remain valid irrespective of a firm's status as a DTA unit or an EOU or a SEZ/ EHTP/STP/BTP unit and the procedure to be followed in case a firm/unit is de-bonded and converted to DTA is as under:
(a) An unit which is an EOU or in SEZ/EHTP/STP/BTP after de-bonding will not surrender the IEC obtained from its jurisdictional DC, SEZ.
(b) The jurisdictional DC, SEZ will send the original IEC file to concerned RA of DGFT after de-boding.
(c) RA becomes the custodian of such file and will allow de-bonded unit to make necessary modification in IEC.
(d) The de-bonded unit to be eligible for benefits from the RA as per FTP.