TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>100% Export Units can debond with an undertaking and 10% bank guarantee, excluding Apex Court appeal demands.</h1> In cases where a show cause notice or duty demand is pending against a 100% Export Oriented Unit, the unit may debond by providing an undertaking on stamp paper, ensuring not to dispose of assets until adjudication and payment of any confirmed amount. This undertaking must be supported by a bank guarantee of approximately 10% of the amount involved. Additional factors, such as ownership or encumbrances on assets, should be considered. Duty on non-duty paid materials and goods must be discharged before debonding. If the government has appealed to the Apex Court, the related demand is excluded from the bank guarantee calculation.
TaxTMI 
TaxTMI 
