S.R.O. 248(I)/98, dated 15th April, 1998

SROS: S.R.O. 248(I)/98, dated 15th April, 1998 In exercise of the powers conferred by section 219 of the Customs Act, 1969(IV of 1969), section 37 of the Central Excises Act, 1944(I of 1944) and section 50 of the Sales Tax Act, 1990, the Central Board of Revenue is pleased to make the following rules, namely:-- THE EXPORT ORIENTED UNITS RULES, 1998 CONTENTS 1. Short title and application. 2. Definitions. 3. Licensing. 4. Premises of export oriented unit. 5. Insurance of export oriented unit. 6. Analysis Certificate. 7. Procurement of input goods for production of finished goods meant for export. 8. Admissibility of repayment of customs-duty and rebate of central excise duty on the goods manufactured and exported. 9. Transfer from one Export oriented unit to another Export oriented unit. 10. Manufacture and export of finished goods. 11. Clearance of manufactured goods for home consumption. 12. Vendors. 13. Re-export of imported input goods. 14. Retention period for the procured input goods. 15. Transfer of ownership or title. 16. General bond. 17. Wastage. 18. Factory rejects. 19. Unaccounted input goods. 20. Remission of customs-duty, central excise duty and sales tax. 21. Destruction of input goods or finished goods. 22. Records, forms and returns. Appendix-I. Application Form for grant of licence for a unit under the Export Oriented Units Rules, 1998. Appendix-II. Analysis Certificate. Appendix-Ill. Record/monthly return of input goods procured from imports. Appendix-IV. Records/monthly return of goods procured against AR-3. Appendix-V. Records/monthly Return of Input Goods obtained from the Local Market. Appendix-VI. Application for transfer from one Export Oriented Unit to another Export Oriented Unit. Appendix-VII. On Appropriate stamped non-judicial, paper. Appendix-VIBE. Record/monthly return of the finished goods manufactured in the Export Oriented Unit. Appendix-IX. Record/monthly return of the goods exported. Appendix-X. Intimation for removal of input goods or semi-finished goods to and from Vendors. Appendix-XL Application for re-export of input goods in their original and unprocessed form. Appendix-XII. Application for destruction of wastage. 1.…