https://www.taxtmi.com/circulars?id=11240 Waiver of bank guarantees for Export Oriented Units under FTP para 6.12(f) applies only where units meet turnover and existence criteria and where alleged breaches are limited to procedural violations; exemption must not be denied solely because a show cause notice was issued. Denial is appropriate only for cases involving fraud, collusion, willful misstatement, suppression of facts, or confirmed penal demands under the relevant fiscal and trade statutes or allied rules. en-us Fri, 12 Aug 2011 00:00:00 +0530 Tue, 16 Aug 2011 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11240 Waiver of bank guarantees for Export Oriented Units under FTP para 6.12(f) applies only where units meet turnover and existence criteria and where alleged breaches are limited to procedural violations; exemption must not be denied solely because a show cause notice was issued. Denial is appropriate only for cases involving fraud, collusion, willful misstatement, suppression of facts, or confirmed penal demands under the relevant fiscal and trade statutes or allied rules. Circulars Customs Fri, 12 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11240