SEZ units have to achieve positive net foreign exchange
earning as per the formula given in paragraph Appendix 14-II
(para 12.1) of Handbook of Procedures, Vol.1. For this purpose,
a Legal Undertaking is required to be executed by the unit
with the Development Commissioner.
The units have to provide periodic reports to the Development
Commissioner and Zone Customs as provided in Appendix 14-I
F of the Handbook of Procedures, Vol.1.
The units are also to execute a bond with the Zone Customs
for their operation in the SEZ.
