Debonding of capital goods from stpi unit

The period of operation for STP units would normally be 5 years. The Director, STP would permit debonding of the STP unit if it has met the export obligation and other conditions of the letter of approval.
 

In case the unit has not fulfilled the export obligation and other conditions of the letter of approval, the case would be forwarded to the DGFT for taking penal action for non fulfillment of the conditions of letter of approval, The units would also be required to pay the customs duties, Central Excise duties and it will also be liable for levy of liquidated damages.

link is:

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