In exercise of the powers conferred by clauses (i) and (ii) of section 133 of the Finance Act, 2002 (20 of 2002), the Central Government hereby appoints the 15th day of August, 2003, as the date on which the insertion and omission as respectively specified in the said clauses shall take effect
The Committee of Approval shall fix the time schedule for commencement and completion of the construction of the zone and in case of delay in the completion of the project, the developer of the zone shall explain the reasons of such delay to the Committee of Approval.
Provided always that the liability of the surety hereunder shall not be impaired or discharged by reason of any time being granted or any forbearance, act or omission of the Government (whether with or without the knowledge or the consent of the surety) in respect of or in relation to the obligation and condition to be performed or discharged by the obligor(s) nor shall it be necessary to sue the obligor(s) before suing the surety for amounts hereunder.
For the purposes of this notification, “Surat Special Economic Zone” means the Surat Special Economic Zone located at village Sachin, taluka: Choryasi, district Surat in Gujarat comprising of the places bearing the block numbers and enclosed by boundaries as specifies below, namely.
For the purposes of this notification, Kandla Special Economic Zone means the Kandla Special Economic Zone, Kandla, comprising of the places bearing the survey numbers, location and enclosed by the boundaries as specified below, name.
The “NOIDA Special Economic Zone” is situate in Noida, in the district Gautam Budh Nagar, State of Uttar Pradesh at a distance of 30 kilometers from International Airport, New Delhi and is enclosed by boundary wall, totaling 2676.50 metres in length, comprising 194.00 metres on irrigation drain side, 997.10 metres on river side, 346.60 metres on the side adjoining the Electric Sub-station, 720.50 metres on the front side and 168.00 metres on the side front DSC Road to main gate and 244.50 metres from main gate to irrigation drain.
(i) The principal notification No. 137/2000-Customs, dated 19-10-2000 was published in the Gazette of India, vide number G.S.R 804 (E), dated the 19th October, 2000. (ii) The principal notification No. 82/2002-Customs, dated 13-08-2002 was published in the Gazette of India, vide number G.S.R 563(E), dated the 13th August, 2002.
For removal of doubts, it is hereby clarified that the benefit under this notification shall not be available in respect of goods transferred by a special economic zone unit to its unit in domestic tariff area on stock transfer basis.
Export and Import Policy means the Export and Import Policy, 2002-2007 published by the Government of India in the Ministry of Commerce and Industry vide notification number 1 (RE-2003) /2002-2007, dated the 31st March, 2003, as amended from time to time.
The area of the said Zone has its boundaries Irumpanam-Kalamassrey road on the east, Thuthiyur road on the North and West and a cross road from the Irumpanam-Kalamassery road to Thuthiyur on the South east and private lands and paddy fields on the south.
