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TMI BlogGUIDELINES FOR REVIVAL / EXIT OF SICK EOU UNITSX X X X Extracts X X X X X X X X Extracts X X X X ..... EOU Scheme, the following guidelines are prescribed :- 1. REVIVAL OF OPERATIONS i) A unit which has been declared sick by the appropriate authority shall submit a revival package through the Development Commissioner concerned to the Board of Approval for consideration and approval. The Board shall consider the following: a) Extension in the period for fulfilment of NFE for a further ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al goods and raw material to another EOU units. For the buying units, it shall be treated as a domestically sourced goods for the purpose of NFE. 3. UTILISATION OF SPACE i) In event of the unit s exit from the Scheme as indicated at Para 2 (i) and (ii), the unit shall be liable to pay all the rental dues as decided by the Development Commissioner. However, if the unit is being taken over b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es are prescribed :- 1. REVIVAL OF OPERATIONS i) A unit which has been declared sick by the appropriate authority shall submit a revival package through the Development Commissioner concerned to the Board of Approval for consideration and approval. The Board shall consider the following: a) Extension in the period for fulfillment of NFE for a further period up to a maximum of 5 years ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er EOU units. For the buying units, it shall be treated as a domestically sourced goods for the purpose of NFE. 3. UTILISATION OF SPACE i) In event of the unit s exit from the Scheme as indicated at Para 2 (i) and (ii), the unit shall be liable to pay all the rental dues as decided by the Development Commissioner. However, if the unit is being taken over by another unit, the liability shal ..... X X X X Extracts X X X X X X X X Extracts X X X X
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