Conversion of loaned precious metals into outright purchase permitted within export period, subject to payment of interest and policy compliance. Conversion of loaned gold, silver or platinum obtained from nominated agencies into outright purchase is permitted within the original stipulated export period for EOU/SEZ units and is conditional upon payment of interest up to conversion; after conversion normal EOU/SEZ policy governs utilization of the precious metals and export of jewellery unless otherwise specified.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Conversion of loaned precious metals into outright purchase permitted within export period, subject to payment of interest and policy compliance.
Conversion of loaned gold, silver or platinum obtained from nominated agencies into outright purchase is permitted within the original stipulated export period for EOU/SEZ units and is conditional upon payment of interest up to conversion; after conversion normal EOU/SEZ policy governs utilization of the precious metals and export of jewellery unless otherwise specified.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
