Dear All,
We are 100% Export Oriented Unit, our EOU status is valid up to 31-03-2015, we have duly filed application for extension of EOU much before due date, but government authority with which application is pending is asking for different details as on date . We have sufficient NFE & we also enjoys Trading House Status. We have cleared all Customs Excise Audit without any additional penalty.
All the details asked by the authority is over and above the prescribed details asked in the application. further Authority everytime asks CA certificate for each and every details. Obviously , No CA provides certificate without detailed audit.
Now, I have heard that if authority fails to renew the green card before 31st March 2015, my Company's Exports and Imports will be stopped from 1st April, 2015.
We have duly filed application , there is no written request from the Government Authority for providing additional Documents but our application is hold for minor details. In this case do I have any option to continue the Import Export without LOP & Green card on the basis of application already submitted to authority .
Please reply , its urgent
