Page 164 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

EXPORT ORIENTED UNITS
Q-631: The EOU, STP, EHTP units engaged in development of software are allowed to remove
imported laptop computers and video projection system out of the bonded premises
temporarily
(i) With payment of duty
(ii) Without payment of duty
(iii) With LUT/BG

(iv) None of the above
A-631: ii - Without payment of duty
Q-632: Duty Exemption on imports by Export Oriented Units (EOUs)?
(a) The EOUs will get exemption from payment of the BCD
(b) The EOUs will get exemption from payment of the IGST
Which one of the above statement is correct?
(i) a only

(ii) b only
(iii) both a & b
(iv) None of the above
A-632: i - a only

Q-633: The inter-unit transfer is allowed for EOUs
(i) Without payment of duty
(ii) With payment of duty
(iii) Against bond
(iv) None of the above
A-633: i - Without payment of duty
Q-634: Which one is a function of Unit Approval Committee of Export Oriented Units?

(i) To consider and permit conversion of units in SEZ to EOU;
(ii) To monitor performance of units;
(iii) To supervise and monitor permission, clearances, licences granted to units and
take appropriate action in accordance with law;
(iv) All of the above
A-634: All of the above

Q-635: Four points on Export Oriented Units (EOU)
A-635: (i) All the 100% Export Oriented Units will be required to be registered as EOU in the
System before filing of a Bill of Entry.
(ii) All verifications and authentications including all checks to determine the eligibility
of the importer to be registered as an EOU and for exemption from duties are
mentioned in Customs Notification No. 52/2003.
(iii) EOU allows for sale in the Domestic Tariff Area.
(iv) The bond details to be provided while filling the EOU job.

159