Exit of Units

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....ded that if the unit has not achieved positive Net Foreign Exchange, the exit shall be subject to penalty that may be imposed under the Foreign Trade (Development and Regulation), Act, 1992. (2) The following conditions shall apply on the exit of the Unit, namely.- (i) Penalty imposed by the competent authority would be paid and in case an appeal against an order-imposing penalty is pending, ex....

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....ellery shall be handed over to an agency nominated by the Central Government at a price to be determined by that agency. (4) Development Commissioner may permit a Unit, as one time option, to exit from Special Economic Zone on payment of duty on capital goods under the prevailing Export Promotion Capital Goods Scheme under the Foreign Trade Policy subject to the Unit satisfying the eligibility cr....