MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 8th April, 2022
G.S.R. 288(E).— In exercise of the powers conferred by section 55 of the Special Economic Zones Act, 2005 (28 of 2005), the Central Government hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely:-
1. (1) These rules may be called the Special Economic Zones (Amendment) Rules, 2022.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Special Economic Zones Rules, 2006 (hereinafter referred to as the said rules), in rule 41, in sub-rule (1), in clause (a), for the second proviso, the following proviso shall be substituted, namely:-
“Provided further that in case of gems and jewellery unit, the semi-finished goods, precious metals and any other raw material (excluding diamonds or precious and semi-precious stones or lab grown diamonds) taken outside the Special Economic Zone for sub-contracting of studding by the unit shall be brought back into the unit within forty-five days;”.
3. In rule 42 of the said rules, in sub-rule (1), in clause (ii), in sub-clause (h), for the second proviso, the following proviso shall be substituted, namely:-
“Provided further that in case of gems and jewellery unit, the semi-finished goods, precious metals and any other raw material (excluding diamonds or precious and semi-precious stones or lab grown diamonds) taken outside the Special Economic Zone for sub-contracting of studding by the unit shall be brought back into the unit within forty-five days;”.
[F. No. C.2/1/2018-SEZ(Part)]
VIPUL BANSAL, Jt. Secy.
Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide notification number G.S.R. 54(E), dated the 10th February, 2006 and last amended vide notification number G.S.R. 424 (E), dated the 21st June, 2021.
