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πŸš€ New Feature Launched βœ•

Introducing the β€œIn Favour Of” filter in Case Laws.

  • βš–οΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
  • πŸ” Narrow down results with higher precision

Try it now in Case Laws β†’

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Exit of units

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Full Text of the Document

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....s and finished goods in stock and 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. The unit opting out of SEZ shall execute a legal undertaking in Form L. Under Rule 11B, inserted vide the Special Economic Zones (Fifth Amendment) Rules, 2023, demarcation of a portion ....