https://www.taxtmi.com/caselaws?id=450584 Where a 100% Export Oriented Unit is permitted to de-bond from a specified date and has discharged the assessed liabilities, its post-exit clearances are governed by the normal domestic fiscal regime rather than the EOU regime. The formal no dues certificate does not keep the unit in EOU status if the competent authority has already accepted exit with effect from that date, especially where delay in issuing the certificate is attributable to the department. On that basis, the customs-equivalent duty demand and connected penalty were held unsustainable, and consequential relief followed. en-us Wed, 06 Mar 2024 00:00:00 +0530 Fri, 08 Mar 2024 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450584 Where a 100% Export Oriented Unit is permitted to de-bond from a specified date and has discharged the assessed liabilities, its post-exit clearances are governed by the normal domestic fiscal regime rather than the EOU regime. The formal no dues certificate does not keep the unit in EOU status if the competent authority has already accepted exit with effect from that date, especially where delay in issuing the certificate is attributable to the department. On that basis, the customs-equivalent duty demand and connected penalty were held unsustainable, and consequential relief followed. Case-Laws Customs Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450584