https://www.taxtmi.com/acts?id=19418 Exit from EOU/EHTP/STP status requires payment of applicable customs and excise duties on all stock, payment of penalties under the Foreign Trade (Development and Regulation) Act for non fulfilment of approvals (or provision of stay and Bank Guarantee if an appeal is pending), and execution of a legal undertaking where penal proceedings are in process. Units converting to domestic operations must comply with domestic industrial, locational and environmental laws. An in principle exit grants a six month compliance period to obtain final exit permission, failing which approval lapses subject to possible extension. en-us Mon, 13 Apr 2015 18:23:52 +0530 Mon, 13 Apr 2015 18:23:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19418 Exit from EOU/EHTP/STP status requires payment of applicable customs and excise duties on all stock, payment of penalties under the Foreign Trade (Development and Regulation) Act for non fulfilment of approvals (or provision of stay and Bank Guarantee if an appeal is pending), and execution of a legal undertaking where penal proceedings are in process. Units converting to domestic operations must comply with domestic industrial, locational and environmental laws. An in principle exit grants a six month compliance period to obtain final exit permission, failing which approval lapses subject to possible extension. Act-Rules DGFT Mon, 13 Apr 2015 18:23:52 +0530 https://www.taxtmi.com/acts?id=19418