9.10

The import shall be subject to the following conditions:

(a)The goods shall be imported into the EOU/EPZ/EHTP/STP premises. However, agriculture and allied sectors and granite sector units in EOU/EPZ may supply/transfer the capital goods and the inputs in the farms/fields/quarries with prior intimation to the jurisdictional Customs/Central Excise authorities, provided the ownership of the goods rests with EOU/EPZ units.

(b)The normal procedure as prescribed under Customs/Excise rules for EOUs and units in EPZs /EHTP/STP will be followed and appropriate bond executed with Customs/ Excise authorities.

(c)Deleted.

(d)The goods, except capital goods and spares, shall be utilised by EOU as per Policy within a period of two years or as may be extended by Customs authorities.

(e)Goods already imported/shipped/arrived before the issue of LOP/ LOI are also eligible for duty free clearance under the EOU/EPZ/EHTP/STP scheme provided customs duty has not been paid and the goods have not been cleared from Customs.

(f)EOU/EPZ units may import plain/studded gold/platinum or silver jewellery for export after repairs/remaking.

(g)EOU/EPZ units may obtain gold/silver/platinum from the nominated agencies on loan basis subject to the condition that the gold/silver/platinum jewellery shall be exported within a period of 120 days from the date of release.

(h)The unit shall be able to account for the entire quantity of goods imported/procured duty free, by way of exports and sales in DTA or transfer to other EOU/EPZ/ EHTP/ STP/ SEZ units, and balance in stock. However, at no point of time the units shall be required to co-relate every import consignment with its exports, transfer of other EOU/ EPZ/EHTP/STP/SEZ units and sales in DTA.