DTA clearances from EOUs – Textiles and Granite – excise duty applicable
Textile and textile articles; Granite and granite articles cleared from EOUs to DTA will have to pay only the aggregate of the excise duties instead of aggregate of customs duties subject to certain conditions like
(i) the said goods are cleared into Domestic Tariff Area in accordance with sub-paragraphs (a), (d), (e), (g) and (k) of Paragraph 6.8 of the Foreign Trade Policy;
(ii) the said unit has achieved positive Net Foreign Exchange Earning;
(iii) the said goods are produced or manufactured by the unit wholly from the raw materials produced or manufactured in India except the use of duty paid imported inputs upto 3% of the FOB value of exports of the said unit in the preceding financial year;
(iv) the said unit exercises an option in terms of Para 6.8 (l) of the Foreign Trade Policy for availing this exemption by informing in writing to the jurisdictional Deputy/Assistant Commissioner of Customs or Central Excise:
Notification No. , dated the 31st March, 2003, is amended.
Notification No. , Dated May 5 2008