We are selling from EOU to DTA, to charge concessional BCD (ie, @ 50%) is it necessary that similar product should have been exported(physical) in the previous financial year ?
Appreciate your response with relevan notifiication if any
N V Ram (Manager) (272 Points)
24 November 2010We are selling from EOU to DTA, to charge concessional BCD (ie, @ 50%) is it necessary that similar product should have been exported(physical) in the previous financial year ?
Appreciate your response with relevan notifiication if any
Pawan Kr. Tomar
(CA)
(169 Points)
Replied 25 November 2010
50% concession is available if goods cleared to DTA from EOU. Export to outside india of similar or any goods not a pre condition to get concession.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 25 November 2010
yes,
AS PER FOREIGN TRADE POLICY 2010-2011, ISSUED ON 23.08.2010 BY THE MINISTRY OF COMMERCE , GOVERNMENT OF INDIA, AS PER PARA NO:-6.2 (a) (i) AND PARA 6.8 ( A) TO (d) of foreign trade policy.
for more info:- https://dgftcom.nic.in/
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