100%EOU

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Naga Vamshi Nambi (Querist)
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30 September 2010 A Company register as 100% EOU under VSEZ.got income tax exemption unde SEC 10B
but operating from SEZ

can any one tell me what is the differance between EOU & SEZ?

can this company gets all the exemptions of SEZ & exempt from MAT?

Thanks in advance

Thanks,
vamshi

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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30 September 2010 EOU , means 100% export oriented unit, It can be established any where.

However SEZ is treated like foreign teritory, where any manufacturing is under export.

Rules is different for both, it can't be applicable on either one.