https://www.taxtmi.com/manuals?id=1039 Failure to achieve positive NFE after the third year leads to a show cause notice under the FT (D&R) Act, but penal proceedings are initiated by the Development Commissioner only after completion of the cumulative multi year assessment period when net NFE is computed. en-us Sun, 13 Sep 2015 16:50:00 +0530 Mon, 14 Sep 2015 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1039 Failure to achieve positive NFE after the third year leads to a show cause notice under the FT (D&R) Act, but penal proceedings are initiated by the Development Commissioner only after completion of the cumulative multi year assessment period when net NFE is computed. Manuals Central Excise Sun, 13 Sep 2015 16:50:00 +0530 https://www.taxtmi.com/manuals?id=1039