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EOU Registration

The Export Oriented Units (EOU) scheme was introduced to boost exports, increase foreign earnings and created employment in India. Export oriented units are units undertaking to export their entire production of goods.

For being accorded the status of EOU, the project must have a minimum investment of rs.1 crore in plant and machinery.

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Procedure

Minimum investment criteria does not apply for

  • Software technology park
  • Hardware technology park
  • Bio-technology park & also EOU involved in
  • Handicrafts
  • Agriculture
  • Animal Husbandry
  • Information technology
  • Handmade jewellery

Benefits Of Export Oriented Units

  • EOUS are allowed to procure raw material or capital good duty free, either through import or through domestic sources.
  • EOUS are eligible for reimbursement of GST.
  • EOUS are eligible for reimbursement of duty paid on fuels procured from domestic oil companies.
  • EOUS are eligible for claiming input tax credit on the goods and services and refund there of.
  • Fast track clearance facilities.
  • Exemption from industrial licensing for manufacture of items reserved for SSI sector.

Documents

  • Id and address proof of proprietor/directors/ partners
  •  Passport size photo of each director or partner
  •  Partnership deed in case of firm
  • MOA/ AOA in case of company
  • Trust deed in case of society or trust
  • Electricity bill towards registered address
  • Cancel cheque
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