Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
100% EOU Treated as Customs Bonded Premises: Kerala HC Allows Cashew Kernels to Be Re-Processed at Factory
Kerala High Court ruled that an Export Oriented Unit (EOU) should be treated as customs bonded premises, allowing cashew kernels to be re-processed at the factory. An EOU is a unit that undertakes to export its entire production. Treating it as bonded premises allows certain relaxations and procedures under customs law. The court's decision enables the EOU to carry out re-processing of cashew kernels within its factory, potentially streamlining its operations and reducing logistical burdens.