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of <h1>EOUs Must Maintain Positive NFE or Face Duty Recovery and Penalties Under Foreign Trade Policy</h1> Export Oriented Units (EOUs) must achieve a positive Net Foreign Exchange (NFE) as per the Foreign Trade Policy (FTP). If they fail, duties previously exempted under the EOU scheme, along with interest, are recoverable. Duties are also reclaimable if goods are not received at the factory, lost in transit, unaccounted for, or sold domestically without authorization. Additionally, duties apply if duty-free goods are not utilized within the prescribed timeframe or not returned after job work or testing. Fraudulent activities, such as unauthorized domestic sales or material diversion, can lead to seizure, confiscation, penalties, and prosecution.
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