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Debonding from EOU Scheme

Central Excise - 100% Export Oriented Unit Scheme - 100% EOU Scheme - 59 - The EOU units are allowed to debond from the Scheme subject to approval of the jurisdictional DC. The detailed guidelines for exiting out of EOU/EHTP/STP Scheme are given in t .....

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scrap etc. in stock. The unit has to apply for debonding to the jurisdictional DC who permits 'In-principle' debonding subject to certain conditions. The penalty imposed by the appropriate authority under FT (D & R) Act, 1992 for non-ful .....

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the penalty adjudicated by the appropriate authority unless the appellate authority makes a specific order exempting the unit from this requirement. If any unit has failed to fulfill terms and conditions of LOP and penal proceedings are to be taken .....

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