https://www.taxtmi.com/acts?id=19526 Export oriented units must achieve positive Net Foreign Exchange (NFE), are annually monitored by the Development Commissioner, and face penal action and statutory recovery for failure. Units must submit prescribed Quarterly and Annual Performance Reports (certified by a Chartered/Cost Accountant) and, where applicable, monthly SERF filings for services. Duty and tax exemptions for imports/indigenous procurement are conditional; any duties, taxes, cess or interest arising from non compliance are recoverable under Customs, Central Excise and GST recovery provisions. Units must maintain operational contact details and comply with scheme amendments. en-us Wed, 15 Apr 2015 11:09:08 +0530 Thu, 02 Apr 2020 12:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19526 Export oriented units must achieve positive Net Foreign Exchange (NFE), are annually monitored by the Development Commissioner, and face penal action and statutory recovery for failure. Units must submit prescribed Quarterly and Annual Performance Reports (certified by a Chartered/Cost Accountant) and, where applicable, monthly SERF filings for services. Duty and tax exemptions for imports/indigenous procurement are conditional; any duties, taxes, cess or interest arising from non compliance are recoverable under Customs, Central Excise and GST recovery provisions. Units must maintain operational contact details and comply with scheme amendments. Act-Rules DGFT Wed, 15 Apr 2015 11:09:08 +0530 https://www.taxtmi.com/acts?id=19526