GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

GUIDELINES FOR REVIVAL / EXIT OF SICK EOU UNITS

Appendix -6L - Procedure - Appendix - DGFT - Appendix -6L - APPENDIX-6L (Please see Para 6.39 of HBP) To revive units which may have become sick and to provide an exit route to those units, who may want to move out of the EOU Scheme, the following guidelines are prescribed :- 1. REVIVAL OF OPERATIONS i) A unit which has been declared sick by the appropriate authority shall submit a revival package through the Development Commissioner concerned to the Board of Approval for consideration and appro .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

over all the assets and liabilities of a sick unit , transfer of such assets and liabilities as per the dispensation indicated in Para 1 above shall be considered by the Board of Approvals. An application for such takeover may be submitted through the Development Commissioner concerned to the BOA for approval. ii) The sick unit could also transfer the imported/domestically procured capital goods and raw material to another EOU units. For the buying units, it shall be treated as a domestically so .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version