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 : Government clarifies that SEZ Developers and Units can submit BLUT electronically, dispensing with stamp paper and notarization re...
Corporate Law : The Commerce Ministry revised SEZ-Online user charges after migration of transactions to ICEGATE reduced operational viability. Ne...
Corporate Law : The issue concerned regulatory handling of restructuring in IFSC units. The instruction clarifies that IFSCA will intimate SEZ aut...
Corporate Law : Instruction 121 from the SEZ Division details the process for IT/ITES SEZ developers to convert demarcated Non-Processing Area (NP...
Corporate Law : India's Commerce Ministry clarifies that SOFTEX form filing isn't mandatory for service exports between SEZ units or from a DTA un...
I am directed to state that representations had been received in this Department for single LoA for all categories under Chapter 71 of ITC HS. The representations have been examined and following decisions have been taken, with the approval of competent authority, regarding issuance of LoA to a Gems & Jewellery (G&J) unit:
Units holding goods on behalf of clients in SEZ /FTWZ shall be deemed to have the custody of these goods under section 48 of the Customs Act for the purpose of sale in DTA,in case such goods are abandoned or unclaimed by their clients.
(1) This Act may be called the Special Economic Zones (Amendment) Act, 2019. (2) It shall be deemed to have come into force on the 2nd day of March, 2019.
The representations from stakeholders have been received in this Department for inclusion of Management and Business Consultant Services in the list of default authorized services. The matter was deliberated upon by the Board of Approval in its 85th meeting held and it was decided that Management and Business Consultant Services may be included in the list of default authorized services.
The process of renewal of Letter of Approval shall take into account the efforts made and the results achieved or status of the following criteria, namely:-(i) Export performance of the Unit in the last block.(ii) Employment generated.(iii) Instance of violation of applicable statutes related to the functioning of the Unit.
(1) This Ordinance may be called the Special Economic Zones (Amendment) Ordinance, 2019,(2) It shall come into force at once. In section 2 of the Special Economic Zones Act, 2005, in clause (v) -(i) after the words local authority, the words or trust or entry as may be notified by the Central Government, shall be inserted;
(1) These rules may be called the Special Economic Zones (Amendment) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette.
The BoA was appraised that consequent to implementation of GST Act, some State Government are not extending the benefits of IGST exemption for default services, Since, SEZs are exempt from IGST and the above matter was placed before 80th BoA meeting held on 17th November, 2017. The BoA, after deliberations, approved the reiteration of the default authorized operations as approved, earlier.
5A. Infrastructure requirements relating to information technology, Bio-technology, Research and Development facilities, Fabless Semi-conductor Industry and Electronic Manufacturing Services
No. F.2/7/2016-SEZ Government of India Ministry of Commerce and Industry Department of Commerce (SEZ Section) Udyog Bhawan, New Delhi Dated: 19th December, 2016 To The Development Commissioners Special Economic Zone Subject: Proposals for setting up of new SEZs and MHA clearance – Regarding. Sir/Madam, I am directed to say that National Security Clearance is required […]
