https://www.taxtmi.com/manuals?id=7396 Exit from a Special Economic Zone requires approval and payment of applicable duties and taxes on capital goods, raw materials, components, consumables, spares and finished goods in stock; units lacking positive Net Foreign Exchange face penalty and must execute a legal undertaking in Form L. Demarcation of non-processing areas in IT/ITES SEZs is permitted under conditions. Gems and jewellery units must transfer precious materials to a nominated agency at an agency-determined price. A one-time exit may be permitted on payment under the Export Promotion Capital Goods scheme subject to eligibility. en-us Thu, 20 Feb 2025 13:10:50 +0530 Thu, 20 Feb 2025 13:10:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7396 Exit from a Special Economic Zone requires approval and payment of applicable duties and taxes on capital goods, raw materials, components, consumables, spares and finished goods in stock; units lacking positive Net Foreign Exchange face penalty and must execute a legal undertaking in Form L. Demarcation of non-processing areas in IT/ITES SEZs is permitted under conditions. Gems and jewellery units must transfer precious materials to a nominated agency at an agency-determined price. A one-time exit may be permitted on payment under the Export Promotion Capital Goods scheme subject to eligibility. Manuals Customs Thu, 20 Feb 2025 13:10:50 +0530 https://www.taxtmi.com/manuals?id=7396