Eximkey - India Export Import Policy 2004 2013 Exim Policy
6.3.9

On completion of the approval period as provided for in paragraph 6.6 of Policy, it shall be open to the unit to continue under the scheme or opt out of the scheme. If no intimation in this regard is received from the unit within a period of six months of expiry of the approval period, the Development Commissioner will take action, suo moto, to cancel the approval under the EOU scheme and take further action in this regard. Where the unit opts to continue, the Development Commissioner concerned will extend the approval period.

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