Eximkey - India Export Import Policy 2004 2013 Exim Policy
DGFT Foreign Trade Policy  Exim Policy (01/04/2002 to 31/03/2003) PARA 6.7
PARA 6.7

    (a) Only project having an investment of not less than Rs.50 lakhs and above in building, plant and machinery shall be considered for establishment under EOU scheme. (This shall, however, not apply to existing units and units in EPZ/EHTP/STP/Agriculture floriculture/acquaculture/animal husbandry/information technology, handicrafts, services and such other sectors as may be decided by the BOA). Applications for setting up of EOU/EPZ/EHTP/STP units, satisfying the conditions mentioned in paragraph 6.7 of the Handbook (Vol.I) may be approved by the concerned Development Commissioner within 15 days.

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

    [OLD - (a) Only project having an investment of not less than Rs.50 lakhs and above in plant and machinery shall be considered for establishment under EOU scheme. (This shall however not apply to existing units and units in EPZ/EHTP/STP/ agriculture/ floriculture/aquaculture/ animal husbandry/ information technology, services and such other sectors as may be decided by the BOA). Applications for setting up of EOU/EPZ/EHTP/STP units, satisfying the conditions mentioned in paragraph 6.7 of the Handbook (Vol-I) may be approved by the concerned Development Commissioner within 15 days. ]

    (b)In other cases, approval may be granted by the Board of Approval (BOA) set up for this purpose as notified and indicated at Appendix 14-B.

    (c) Proposals requiring industrial license may be considered by the Board of Approval on a case to case basis.


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