Saturday, December 06, 2025 | 06:56 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

'EOU can clear unused raw materials in DTA, or transfer to another unit'

That trade notice cannot override the FTP notified on December 5, 2017

MF players seek Sebi approval for a range of passively managed funds
premium

Representative Image

TNC Rajagopalan
Q. We are an EOU and we have raw materials purchased since 2010. Since we don’t have orders we could not utilise them. The shelf life of materials varies from 10 to 15 years. If we have to export (sell) the unutilised raw materials purchased during 2010-2016, do we need to pay duties on them? Do we need to get permission from Customs to export (sell) the raw material?
 
As per Para 6.15 (a) of FTP (relevant extracts): “In case an EOU/EHTP/STP/BTP unit is unable to utilize goods and services, imported or procured from DTA, it may be: (i) Transferred