Appendix 14-I-D

(Board of Approval Notification)

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY

(PART I SECTION1)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

(DEPARTMENTOF COMMERCE)

New Delhi, dated the 22nd March, 2006

NOTIFICATION

No.14/2/2006-EOU. In supersession of Ministry of Commerce and Industry Notification No. 14/1/2001-EPZ dated 7.8.2001, Government of hereby constitutes the combined Board of Approvals for EOU Scheme as under:-

1.

Special Secretary

Department of Commerce

Chairman

2.

Joint Secretary

Department of Commerce

Member

3.

Joint Secretary

Department of Industrial Policy and Promotion

Member

4.

Member (Customs)

Central Board of Excise and Customs

Member

5.

Member

Central Board of Direct taxes

Member

6.

Director General of Foreign Trade

Member

7.

Joint Secretary

Ministry of Environment and Forests

Member

8.

Joint Secretary

Ministry of Science and Technology

Member

9.

A representative from Ministry of Small Scale Industries and Agro and Rural Industries

Member

10.

Development Commissioner of the concerned SEZs

Member

11.

Director or Deputy Secretary (EOU)

Department of Commerce

Member- Secretary

Powers and functions of the Board

1.     the Board shall consider proposal under EOU scheme that fall outside the automatic approval procedure as notified from time to time.

2.     Subject to necessary empowerment under Section 14 of the Industries (Development and Regulation) Act, 1951, the Board shall also consider applications for grant of industrial licence wherever such licence is compulsory. Minutes in such cases will be issued after approval of Department of industrial Policy and Promotion. Based on the approved minutes the Development Commissioner shall issue the Letter of Intent and upon fulfillment of conditions therein convert the same into industrial licence.

3.     All cases would be submitted before the Board by the Development Commissioner along with his comments so that the units have a single interface at the level of Development Commissioner.

4.     EOU cases involving foreign equity, including investment by NRIs and OCBs that all outside the automatic route shall continue to be dealt with by the Foreign Investment Promotion Board (FIPB). In such cases, the units will apply directly to Secretariat for Industrial Assistance (SIA) for FIPB approval with a copy to the Development Commissioner concerned.

Those falling under the automatic route shall avail themselves of the dispensation available under the automatic route.

General

5.     The Board may prescribe any condition, as it may consider necessary while granting approval. The Board may in its discretion grant or refuse the approval.

6.     Chairman of the Board may co-opt any representative of any other Department or agency not already included in it, if he finds it necessary for any specific purpose.

(Rahul Khullar)

Joint Secretary to the Government of India

(No. 14/2/2006-EOU)