https://www.taxtmi.com/acts?id=19412 The agreement requires EOUs to achieve positive Net Foreign Exchange (NFE) subject to annual monitoring by the Development Commissioner, with non compliance liable to penal action under the Foreign Trade (D&R) Act; duty concessions for imports and indigenous procurements are conditional on scheme obligations and recoverable duties/interest arise on breach. Units must submit prescribed quarterly and annual performance reports (annual reports certified by a Chartered Accountant), notify commencement of production and changes in key information, maintain a website, and comply with scheme amendments and governmental orders. en-us Mon, 13 Apr 2015 18:13:43 +0530 Mon, 13 Apr 2015 18:13:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19412 The agreement requires EOUs to achieve positive Net Foreign Exchange (NFE) subject to annual monitoring by the Development Commissioner, with non compliance liable to penal action under the Foreign Trade (D&R) Act; duty concessions for imports and indigenous procurements are conditional on scheme obligations and recoverable duties/interest arise on breach. Units must submit prescribed quarterly and annual performance reports (annual reports certified by a Chartered Accountant), notify commencement of production and changes in key information, maintain a website, and comply with scheme amendments and governmental orders. Act-Rules DGFT Mon, 13 Apr 2015 18:13:43 +0530 https://www.taxtmi.com/acts?id=19412