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of <h1>EOU Scheme Exit: Pay Duties on Stock, Secure DC Approval, Fulfill Conditions for Final Debonding Order</h1> The 100% Export Oriented Unit (EOU) Scheme allows units to exit the scheme with jurisdictional Development Commissioner's (DC) approval. Upon debonding, units must pay applicable customs and excise duties on all stock, including capital goods and raw materials. An 'In-principle' debonding is granted subject to conditions, including penalties under the FT (D & R) Act, 1992. If there's an appeal, a stay order and bank guarantee are required unless exempted by the appellate authority. Units must comply with all conditions before receiving a final debonding order and remain EOU until then. Clearance from Central Excise Officers is also required, with duties payable on depreciated capital goods.
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