We are an export oriented unit (EOU). We want to transfer capital goods imported by us to another EOU. What is the procedure to be followed? Earlier, we used to follow bond-to-bond transfer procedure but after de-licensing of EOUs from bonded warehouse provisions, the procedure is not clear. Hence this query.
As per Para 6.13 (b) of FTP, “capital goods may be transferred or given on loan to other EOU/EHTP/STP/BTP/SEZ units, with prior intimation to concerned DC and Customs authorities. Such transferred goods may also be returned by the second unit to the original unit in case of rejection or for