9-A.5

SEZ unit shall maintain proper account, in format convenient to it financial year-wise and make available on-line to the Development Commissioner/ Customs information in the format prescribed at Appendix 16-H and till such time on-line connectivity is established submit the same quarterly to the Development Commissioner/ Customs.

Failure to ensure positive NFE or to abide by any of the terms and conditions of the LOP/LOI/IL shall render the unit liable to penal action under the provisions of the Foreign Trade (Development & Regulation) Act, 1992 and the Rules and Orders made thereunder without prejudice to action under any other law/rules and cancellation or revocation of LOP/LOI/IL.

The unit shall be able to account for the entire quantity of goods imported/procured duty free, by way of exports and sales/supplies in DTA or transfer to other EOU/EPZ/EHTP/STP/SEZ units and balance in stock. However, at no point of time the units shall be required to co-relate every import consignment with its exports, transfer to other SEZ/ EOU/ EPZ/ EHTP/ STP units and sales in the DTA.