APPENDIX 14 C
(FORMAT FOR LETTER OF PERMISSION)
OFFICE OF DEVELOPMENT COMMISSIONER/
------------------------EXPORT ORIENTED UNITS/
EXPORT PROCESSING ZONE/SPECIAL ECONOMIC ZONE
DEPARTMENT OF COMMERCE, GOVERNMENT OF INDIA
------------------------
Dated the-----------------------------
To,
M/S -----------------------
-----------------------
- Subject:
- Your unit application for permission under the 100% EOU/EPZ/SEZ Scheme for the production of --------------------------
No.------------------EPZ/SEZ -------------- dated-----------
Dear Sir/Madam/Gentlemen,
With reference to the above mentioned application, Govt./Development Commissioner is pleased to extend to you all the facilities and privileges admissible and subject to the provisions of the Export Oriented Unit Scheme as envisaged in Export Import Policy 2002-2007 for the establishment of a new undertaking at in the State of ____________________for the production of the following items(s) upto the capacities specified below on the basis of maximum utilisation of plant and machinery :-
| Item(s) of production | Unit | Annual capacity |
The above permission is subject to the conditions stipulated in Annexure in addition to the following conditions: -
(i) The unit shall export its entire production, excluding rejects and sales in the domestic tariff area as per provisions of Export and Import Policy for a period of 5 years from the date of commencement of production. For this purpose the unit shall furnish the requisite legal undertaking as prescribed in the Exim Policy to the Development Commissioner concerned. The unit would have the option to renew its EOU/EPZ/SEZ status or debond for production for domestic market in the light of industrial policy in force at that time in relation to production of the items reserved for small scale and sectoral policy prevailing at that point of time.
(ii) It is noted that Net Foreign Earning as a percentage of export (NFEP) calculated as per formula given under the EOU Scheme, has been projected as ----- % during the period of five years from the date of commencement of production. However, the unit would be required to achieve the minimum stipulated level of NFEP as prescribed in the Export-Import Policy, failing which the unit may be liable for penal action.
Or
The SEZ unit would be required to achieve positive Net Foreign Exchange (NFE) as prescribed in the Export and Import Policy and Handbook of Procedures, failing which it would be liable for penal action.
(Strike out whichever is not applicable.)
(iii) It is noted that you require imported Capital Goods valued at Rs.---------for the proposed project.
(iv) It is noted that you have projected export turnover of US $ ------------ in five years. However, the unit would achieve a minimum Export Performance(EP) as prescribed in Export Import Policy failing which the unit may be liable for penal action. Minimum EP is not applicable to SEZ units.
(v) Import/local purchase will be permitted of all items except those listed in prohibited list for import/export.
(vi) Possession of allotted plot/SDF will be taken within a period of 3 months of issue of approval letter and construction of the factory building/implementation of project shall be started within next six months in case of EPZ/SEZ units only.
(3) This Letter of Permission is valid for 3 years from its date of issue with in which you should implement the project and commence commercial production and would automatically lapse if an application for the extension of validity is not made before the end of the said period. As soon as production starts an intimation to this effect should be sent to the Development Commissioner of concerned EPZ/SEZ and Administrative Ministry/Departments concerned.
(4) The approval is based generally on the details furnished by you in your project application.
(5) You shall be required to enter into a Legal Agreement in the prescribed form (Appendix 14 D of HBP (Vol. I) with DC_______ for fulfilling the terms and conditions mentioned in the LOP.
(6) You are requested to confirm acceptance of the above terms and condition to the undersigned within 45 days and the Administrative Ministry/Department viz---------------------.
(7) If you fell to comply with the condition stipulated above, this letter of approval is liable for cancellation/revocation.
(8) All future correspondence for amendments/changes in terms and conditions of the approval letter or for extension of its validity, if required . etc may be addressed to the undersigned.
Yours faithfully,
Development Commissioner
---------------------EPZ/SEZ
Copy forwarded to :-
1. M/o / D/o----------------(AM)
2. Development Commissioner(SSI),Nirman Bhavan,New Delhi.
3. Director of Industries, Govt. of (State)
4. Asstt Commissioner/Deputy Commissioner(Custom)…………… EPZ/SEZ (for EPZ/SEZ Units)
5. Deputy Commissioner, Central Excise/Customs I/C of EOU (for EOUs)
Development Commissioner