FORM OF LEGAL UNDERTAKING FOR EXIT OF THE UNIT FROM SPECIAL ECONOMIC ZONE SCHEME

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..... ______________ for the manufacture and export of ________________ subject inter-alia to the condition that they would achieve positive Net Foreign Exchange on cumulative basis as per provisions of Special Economic Zone Scheme. The unit filed a legal undertaking as per rule 22 of Special Economic Zone Rules, 2006 in Form H of Special Economic Zone Scheme on ___________ with the President of Ind .....

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..... hereby undertake as under: (i) That I/We _______________________ shall pay whatever penalties are imposed by the Development Commissioner under Foreign Trade (Development Regulations) Act, 1992 (22 of 1992) for non-fulfilment of the terms and conditions of Letter of Approval/Letter of Permission. (ii) That I/We _________________________ shall pay tax/duty alongwith i .....

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..... ____ Address ________________________________ _________________________________ Accepted by me on behalf of the President of India. Dy./Jt. Development Commissioner, _______ Special Economic Zone. ] ******* Notes 1. Inserted vide Notification No. G.S.R. 909(E) dated 19-09-2018 - Forms Tax Management India - taxmanagementindia - taxmanag .....

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