Follow Us :

CBEC vide Circular No. 19/2015-Cus, Dated: June 9, 2015 has revised the turnover limit for domestic procurementand import of goods from Rs. 15 croresand above to Rs. 10 crores and above in the preceding year for Fast Track Clearance as per HBP, 2015- 2020.

Accordingly, Circular No. 19/2007 – Cus, Dated: May 03, 2007 dealing with physical verification of receipt of imported/indigenously procured duty-free goods before issuing re-warehousing certificate and Circular No. 17/2006 – Cus, Dated: June 01, 2006 dealing with Fast track Scheme for EOUs for import of goods stand modified.

Circular No. 19/2015-Customs

F. No. DGEP/FTP/23/2014-EOU & G&J

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs
Directorate General of Export Promotion

New Delhi, Dated- 9th June, 2015

To,

All Principal Chief Commissioner of Customs/Central Excise,

All Chief Commissioner of Customs/Central Excise,

All Principal Commissioner of Customs/Central Excise,

All Commissioner of Customs/Central Excise.

Sir/Madam,

Sub: Revision of Handbook of Procedures (HBP)- Changes/ amendments in the EOU/EHTP/STP/BTP  Schemes-reg.

New Handbook of Procedures (HBP) 2015-2020 has been notified by DGFT vide Public Notice No. 01/2015-2020 dated 01.04.2015. In this regard, attention is invited to CBEC Circular No. 17/2006-Cus dated 1st June, 2006 and Circular No. 19/2007-Cus dated 3rd June, 2007 as amended by Circular No.16/2014-Cus dated 18th December 2014 regarding units set up under EOU/ EHTP/ STP/ BTP scheme.

2. As per the para 6.40(c) of HBP 20 15-2020, ‘the turnover limit of Rs 15 crores and above in the preceding year’ has now been revised to ‘the turnover limit of Rs. 10 crores and above in the preceding year’.

3. Accordingly, the Para 7 of Circular No. 17/2006-Cus dated 1st June, 2006 regarding the Fast Track Scheme for EOUs for import of goods and opening Para of Circular No. 19/2007-Cus dated 3rd June, 2007 shall be taken as modified to the above extent.

4. This issues with the approval of CBEC.

5. Receipt of this circular may kindly be acknowledged.

6. Hindi version will follow.

Yours faithfully
Sd/-

(Dr. Tejpal Singh) Addl. Director General

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
March 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031