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<h1>Amendment to Notification No. 42/2001-CE (NT) Restricts Export of Exempted Goods Under Bond, Except for 100% EOUs.</h1> The circular addresses an amendment to Notification No. 42/2001-CE (NT) concerning the export of exempted goods under bond. It highlights that manufacturers exporting exempted goods under bond and claiming refunds of accumulated input credit faced objections from the department, as exporting under bond is typically for goods liable to excise duty. To address this, Notification No. 24/2010-CE (NT) disallows exporting exempted or nil duty goods under bond, excluding 100% Export Oriented Units (EOUs) from this restriction. The amendment aims to prevent exporters from bypassing detailed verification procedures for input tax refunds.