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wheather duty intrest is applicable for the eou unit which acived "In principle Exit order from Dc"

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..... wheather duty intrest is applicable for the eou unit which acived "In principle Exit order from Dc"
Query (Issue) Started By: - syed Anwar Hussain Dated:- 17-3-2012 Last Reply Date:- 27-3-2012 Cus .....

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..... toms - Exim - SEZ
Got 1 Reply
Customs
Sir, Wheather duty intrest is applicabe for the EOU unit which acived positiveNFE and got "in principle Exit Order"? IF 70% of Export obligation has bee .....

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..... n accived what will be penalty impossed? If No seperate bond officer placed for the unit Recovery charges will be recovered or not? Reply By R.S. Mangal: The Reply: In the present FTP, there is requ .....

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..... irement of achieving NFEP and there is no concept of Export Obligation for EOU. If the EOU has achieved positive NFEP, no penal action can be initiated. The question of interest also does not arise.

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..... r> Discussion Forum - Knowledge Sharing .....

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