Processing-to-nonprocessing conversion under Rule 11B requires full repayment of duties and tax-benefit reconciliation. Board extended validity of developer formal approvals and unit LoAs, approved FTWZ formal approval, granted multiple Co-developer statuses and area adjustments, and sanctioned demarcation of processing to non-processing areas under Rule 11B subject to full repayment of proportionate customs, excise, GST and other levies, repayment of tax benefits attributable to common infrastructure, and undertakings to remit any differential duties or tax benefits if determined; Assessing Officer retained rights to examine taxability and lease periods to follow DoC instructions.
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.
Processing-to-nonprocessing conversion under Rule 11B requires full repayment of duties and tax-benefit reconciliation.
Board extended validity of developer formal approvals and unit LoAs, approved FTWZ formal approval, granted multiple Co-developer statuses and area adjustments, and sanctioned demarcation of processing to non-processing areas under Rule 11B subject to full repayment of proportionate customs, excise, GST and other levies, repayment of tax benefits attributable to common infrastructure, and undertakings to remit any differential duties or tax benefits if determined; Assessing Officer retained rights to examine taxability and lease periods to follow DoC instructions.
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