Company's EOU status revoked for not starting own production, misusing tax exemptions u/s 10(B) of IT Act.

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....100% EOU - Cancellation of Permission to operate as an Export Oriented Unit - unit not commenced production of their own and was merely carrying out job works for entities in the domestic tariff area or the local market though it had availed of duty free imports and also exemption u/s 10(B) of the Income Tax Act - Permission was rightly canceled.....