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Archive: 01 June 1998

Posts in 01 June 1998

Calculation of NFE for the purpose of Recognition of Export House etc. Deduction of c.i.f. value of imports

June 1, 1998 3367 Views 0 comment Print

Certain representations have been received seeking clarification whether for calculation of NFE the imports effected by 100% EOUs/Units in the EPZ are to be deducted or not. In this context, it is clarified that Paragraph 9.5 of Handbook of Procedures(Vol.1) clearly stipulates that Letter of Permission/Letter of Intent issued to EOU/EPZ/EHTP/STP units by the concerned authority would be construed as a licence for all purposes.

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