De-bonding of goods/ exit from EOU scheme

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.... Clearance or debonding of capital goods is allowed on payment of duty but for exemption on the depreciated value thereof, if the unit has fulfilled the positive NFE criteria taking into consideration the depreciation allowable on the capital goods at the time of clearance or deboning. In case of failure to achieve the said positive NFE, the depreciation shall be allowed on the value of capital go....

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....ion rate of depreciation allowable, it cannot exit to the EPCG scheme. 36.5 A unit is also allowed clearance or de-bonding of capital goods in the event of Exit to Advance Authorization scheme as a one time option provided the unit has fulfilled NFE criteria. Thus, if a unit has not achieved positive NFE taking into consideration rate of depreciation allowable on capital goods, it cannot exit to ....

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....uch quarter is taken into account. There is no upper limit for such depreciation and depreciation upto 100% could be allowed. 36.8 Raw materials, semi-finished and finished goods including empty cones, containers suitable of repeated use lying in stock at the time of de-bonding can also be cleared on payment of duty but for exemption 36.9 Used packing materials such as cardboard boxes, polyethyl....