Please tell about the formalities and procedure for registration as 100 % export oriented undertaking, should it be a new undertaking
MANISH KAPOOR (PARTNER) (97 Points)
01 June 2009Please tell about the formalities and procedure for registration as 100 % export oriented undertaking, should it be a new undertaking
PRAVEEN KUMAR
(MBA (Finance) B.Com.(P))
(3443 Points)
Replied 02 June 2009
for maharashtra PROCEDURE FOR OBTAINING CERTIFICATION AS A 100% EOU This document describes the procedure for obtaining certification as a 100% EOU. 1.) Who can be certified as a 100% EOU? Any unit engaged in IT Hardware or Software can be certified as a 100% EOU subject to fulfillment of required export obligations. Units would require to be registered as IT units (please see the section on ‘Registration of IT units’). 100% EOU’s are under the overall charge of Development Commissioners for Special Export Zones (SEZ’s). Thus, units desiring to be designated as 100% EOU’s in Maharashtra would require to approach the following office: Development Commissioner SEEPZ Andheri (E), Mumbai 400 096 Ph : 2829 0143 2. Documents to be submitted? ·
Project Report
· The list of additional documents required for certification as a 100% EOU would be available with the office of the Development Commissioner, SEEPZ. 3. What are the facilities available to a 100% EOU? The 100% EOU scheme was introduced in 1981 and was intended to compliment the Export Processing Zones (EPZ’s). Thus, 100% EOU’s enjoy all the facilities provided to EPZ’s, with the further advantage of being able to locate anywhere, even outside the EPZ’s. Some of the key facilities provided to 100% EOU’s are: · consumables, spares, tooling and packaging material. · · production. · ·