GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
OFFICE OF THE DEVELOPMENT COMMISSIONER
VISAKHAPATNAM SPECIAL ECONOMIC ZONE
SUB OFFICE, 5th FLOOR, (WESTERN WING) PARISRAMA BHAWAN
BASHIR BAGH FATE MAIDAN ROAD
OPP BABU KHAN ESTATE, HYDERABAD-500004
Ph: 040-2329631 Fax: 040-23230208
Dated: December 12, 2014
The Chief Commissioner of Customs and Central Excise,
Subject: Import/Procurement of Goods including Capital Goods for the authorized activities by EOUs-Regarding.
This is with reference to the letters received from EOUs for seeking permission to import and /or procurement of goods from DTA for their authorized activities permitted in the Letter of permission(LoP) in view of the insistence of such a permission from office of the Development Commissioner by the field formations of Central Excise.
2. As seen from the Para 6.2 (b) of the Foreign Trade Policy, read with para 6.5.1 of HBP, 2009-14 an EOU may import and /or procure from DTA or bonded warehouses in DTA / international exhibition held in India, without payment of duty, all types of goods, including capital goods, required for its activities, provided they are not prohibited items of import under ITC(HS).
3. Issuance of Letter of Permission (LoP) and execution of Legal Agreement (LUT) as per Appendix 14-I-F of FTP, 2009-14 and duly accepted by the Development Commissioner authorizes an EOU to import and / or procure all types of goods including capital goods required for its activities mentioned in the Letter of Permission into their factory in terms of the above said rule position. However, the import/procurements shall be for the values mentioned in the said LUT and subject to fulfillment of the Customs & Central Excise rules and procedures.
4. In view of the above, it is requested that the field formations of Central Excise may not insist for any special permission from the Development Commissioner, VSEZ for import and /or procurement of goods from DTA by the EOUs for their authorized activities mentioned in the Letter of Permission / permissions given under broad banding granted by the Development Commissioner.