8.36

Exports from EOUs/EPZ Units

EOU/EPZ units are also permitted to sell 10% of value of exports of the preceding year to DTA. In respect of sales of plain jewellery, the recipient shall pay concessional rate of duty to the Customs in Indian rupees as applicable to sale from nominated agencies. In respect of studded jewellery, duty shall be payable in Indian rupees as notified by Customs. Such supply shall, however, be subject to the achievement of prescribed value addition."

(Above para has been amended vide NTF. NO. 36/1997, DT. 29/01/1998)