Eximkey - India Export Import Policy 2004 2013 Exim Policy
DGFT Foreign Trade Policy  Exim Policy (01/04/2002 to 31/03/2003) PARA 6.16
PARA 6.16

    (a) In case an EOU/EPZ/EHTP/STP unit is unable, for valid reasons, to utilize the goods, imported or procured from DTA, it may dispose them in the DTA on payment of applicable duties and submission of import license by DTA unit, wherever applicable or export. Supply from one EOU/EPZ/EHTP/STP unit to another such unit would be treated as import under this paragraph.

    (b) Capital goods and spares that have become obsolete/surplus, may either be exported, transferred to another EOU/EPZ/EHTP/STP or disposed of in the DTA on payment of applicable duties. The benefit of depreciation, as applicable, will be available in case of disposal in DTA. No duty shall be payable if goods, including capital goods, goods manufactured, processed or packaged in the said unit and scrap/waste/remnants are destroyed with the permission of Customs authorities.

    ((b) has been substituted vide Ntf. No. 17/2002-07, Dt. 07/11/2002)

    [OLD - (b) Capital goods and spares that have become obsolete/surplus, may either be exported, transferred to another EOU/EPZ/EHTP/STP or disposed of in the DTA on payment of applicable duties. The benefit of depreciation, as applicable, will be available in case of disposal in DTA. No duty shall be payable if the goods are destroyed with the permission of Customs authorities and under intimation to Development Commissioner.]

(Please refer Cus Cir No.91/2002 Date 20/12/2002 for Transfer of Unutilized Raw Material from one EOU/ EPZ/ STP/EHTP Unit to another EOU/EPZ/STP/EHTP Unit under Paragraph 6.16 of the Policy- Reg.)

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