2015 (11) TMI 1908 - SCH - Customs

Fulfillment of export obligation - Extension of LOP of 100% EOU status of an assessee for a further period of five years by Development Commissioner SEEPZ - It was held by High Court that Since the assessee could not resume its operations even after extension of the LOP on 27th April 2009 on account of the customs authorities not renewing the private bonded warehouse licence we direct the Development Commissioner to pass a fresh order within eight weeks from today specifically stating therein the date on which the extended period of LOP for five years would commence and the mimumum export obligation/NFEP required to be achieved by the assessee in the said extended period of five years. HELD THAT - Leave granted.

Summary

The Supreme Court of India, presided over by Justices Anil R. Dave and Adarsh Kumar Goel, issued an order in which "leave granted" was declared, allowing the appeal to proceed.