In a big relief for the Special Economic Zone (SEZ) developers in the state, the Haryana government today said it would exempt them from local taxes and cess, as given to SEZ units.
“We will extend exemption (from taxes, duty) to SEZ developers also…there is a requirement for bringing amendment in the rules (of SEZ Act)…we will push for exemption in the coming budget,” state Industry Secretary Y S Malik today said during an interactive meeting of SEZ units and developers held here today.
The state government had exempted both SEZ developers and units from payment of VAT, fee, cess or any other levies in SEZ Act. However, later it was withdrawn from developers and was restricted to SEZ units, developer said.
SEZ developers, who undertook massive investments in the state, had feared long term impact on infrastructure development of SEZs in the state.