Part of: Section 16 — Cancellation of lett er of approval to entrepreneur
(3) Without prejudice to the provisions of this Act, the entrepreneur whose letter of approval has been cancelled under sub -section ( 1), shall remit, the exemption, concession, drawback and any other benefit 15 availed by him in respect of the capit al goods, finished goods lying in stock and unutilised raw materials relatable to his Unit, in such manner as may be prescribed.