Corporate Law : On account of the Pandemic outburst of COVID-19, the Central Government declared a complete lockdown from 25th March, 2020 onwards...
Corporate Law : The Ministry of Commerce and Industry, Department of Commerce vide SEZ Division Letter in D.12/25/2012-SEZ, dated October 28, 2014...
Corporate Law : As part of ‘Ease of Doing Business’ initiative of Department of Commerce (DOC), following transactions were identified by DOC ...
Income Tax : Ministry of Commerce & Industry 378 SEZs are presently notified, out of which 265 are operational Posted On: 10 MAR 2021 The S...
Corporate Law : In all other matters, the concerned DC, SEZ should take all necessary steps, including consultation with Government Counsel and re...
Goods and Services Tax : The issue under consideration is whether the petitioner is eligible for exemption from payment of entry tax based on certificates ...
Corporate Law : Discover the new guidelines for SEZ Developers on procuring and installing solar panels to provide power supply in common areas of...
Corporate Law : Discover the latest changes in the Special Economic Zones (Fourth Amendment) Rules, 2024. Stay informed on reconditioning, repair,...
Corporate Law : Stay updated with the latest changes! Read about the Special Economic Zones (Second Amendment) Rules, 2024, issued by the Ministry...
Finance : Explore the latest finance ministry notification under IFSCA Act 2019, detailing modifications in Special Economic Zones Act 2005 ...
Corporate Law : Discover the latest amendment to the Special Economic Zones Rules, 2024, enhancing the flexibility in transactions between SEZ uni...
Government has been receiving requests for shifting of units from one SEZ to another SEZ due to various reasons. These requests were considered but could not be acted upon as there are no specific provisions under the SEZ Rules for these shifts and also there are no rule prohibiting the shifts, with the consolidation of SEZs,
The Central Government, in exercise of the powers conferred by sub-section (1) of Section 4 of the Special Economic Zones Act, 2005 (28 of 2005) and in pursuance of rule 8 of the Special Economic Zones Rules, 2006, hereby makes the following amendment in the notification of the Ministry of Commerce and Industry, Department of Commerce, number S.O. 1626(E) dated 7th July, 2008 with respect to sector specific Special Economic Zone for engineering sector by M/s. Ansal Kamdhenu Engineering SEZ Limited at Village Bhagan, Tchsil-Ganaur (Sonepat) and village Kurar Ibrahimpur, Tchsil-Sonepat on NH-1, Haryana,
approval committee for the sector specific Special Economic Zone for information technology and information technology enabled services-C at Village Ulwe, Taluka Panvel, District Raigad in the State of Maharashtra by M/s. Navi Mumbai SEZ Private Limited
In partial modification of the Instruction No. 55 dated 5th May, 2010 issued by the Department of Commerce on the above mentioned subject, this is to clarify that off-site employees of SEZ may be permitted to work from home or from place outside the SEZ subject to the same conditions as prescribed in the instruction.
I am directed to refer to Instruction 56, dated 7th May, 2010 of this Department and to say that pursuant to the Notification dated 13th January, 2010 whereby sections 20, 21 & 22 of SEZ Act, 2005 have been operationalised, Instruction No. 34 dated 3rd August, 2009 stands withdrawn.
Instruction No. 56, dated 7-5-2010. I am directed to say that pursuant to Notification dated 13th January, 2010 operationalising Section 20, 21 and 22 of the SEZ Act, 2005, Instruction No. 45 dated 30th November, 2009 stands withdrawn w.e.f. 13-1-10.
I am directed to say that references have been received from various stake holders seeking clarification regarding whether employees of units in IT SEZ can work on need base basis from home or from a place outside the SEZ.
The DC’s/UAC’s may allow Developer/approved Co-developers duty free goods and services for these default authorized operations from the date of notification of the SEZ. These authorized operations will, however, continue to be subject to the various guidelines issued by Government from time to time. Approval Committees while approving goods and services for such default operation may look into the actual requirement of the SEZs for such operations.
Regarding Licencing requirement, it is clarified that in terms of Rule 27 of SEZ Rules, a unit in SEZ/FTWZ can import all types of goods except prohibited items. However, in terms of Rule 26 of SEZ Rules, if any permission is required for import under any other law, the same shall be allowed with the approval of BOA. In respect of prohibited items, Instruction No.47 dated 4th March, 2010 shall apply.
Section 49 of the Special Economic Zones Act, 2005 – Power to modify provision of this Act or other enactments in relation to Special Economic Zones – Exemption to ATMs in SEZ from being treated as Offshore Banking Units. Notification No. S.O. 527(E), dated 3-3-2010
