https://www.taxtmi.com/manuals?id=2266 Exit from a Special Economic Zone requires Development Commissioner approval, payment of applicable duties and taxes on capital goods and stock, and execution of a legal undertaking in Form L; failure to have positive Net Foreign Exchange may attract a penalty under the Foreign Trade (Development and Regulation) Act. Gems and jewellery units must hand over precious metals and materials to a government nominated agency at an agency determined price. A one time exit may be permitted under the Export Promotion Capital Goods scheme if eligibility is met. en-us Sun, 05 Mar 2023 13:25:00 +0530 Tue, 07 Mar 2023 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2266 Exit from a Special Economic Zone requires Development Commissioner approval, payment of applicable duties and taxes on capital goods and stock, and execution of a legal undertaking in Form L; failure to have positive Net Foreign Exchange may attract a penalty under the Foreign Trade (Development and Regulation) Act. Gems and jewellery units must hand over precious metals and materials to a government nominated agency at an agency determined price. A one time exit may be permitted under the Export Promotion Capital Goods scheme if eligibility is met. Manuals Customs Sun, 05 Mar 2023 13:25:00 +0530 https://www.taxtmi.com/manuals?id=2266