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SEZ

Latest Articles


GST applicability on SEZ Transactions

Goods and Services Tax : Conclusion This article delves into various transactions related to an SEZ entity. The article has been prepared keeping in min...

January 27, 2025 10308 Views 0 comment Print

An in-depth Analysis of recommendations of 55th GST Council meeting

Goods and Services Tax : Critical analysis of the 55th GST Council meeting recommendations on ITC rules, vouchers, SEZ trade, hotel services, used cars, an...

December 27, 2024 2646 Views 0 comment Print

GST action points for FY 2023-24 before filing GST returns for October 2024

Goods and Services Tax : Key GST compliance tasks for FY 2023-24 before filing October 2024 returns, including ITC, e-invoicing, reconciliations, and rever...

October 1, 2024 11046 Views 0 comment Print

GST on SEZ units and SEZ Developers: Key Points and Requirements

Goods and Services Tax : Explore GST compliance for SEZs, including zero-rated supplies, invoicing, and documentation. Understand SEZ tax benefits and refu...

August 27, 2024 5136 Views 8 comments Print

Recent GST Portal Advisories: July-August 2024 Updates

Goods and Services Tax : Get the latest updates on GST portal advisories issued in July-August 2024, including changes in registration, refund processes, a...

August 14, 2024 4428 Views 0 comment Print


Latest News


7 Recent recent updates on the GST portal – June 2023

Goods and Services Tax : GST portal updates, geocoding of principal place of business, user ID generation, registration cancellation, AATO enablement, annu...

June 17, 2023 11883 Views 0 comment Print

New Legislation to Replace Special Economic Zones Act

Corporate Law : The Special Economic Zones Act will be replaced with a new legislation that will enable the states to become partners in Developme...

February 1, 2022 486 Views 0 comment Print

378 SEZs are presently notified, out of which 265 are operational

Income Tax : Ministry of Commerce & Industry 378 SEZs are presently notified, out of which 265 are operational Posted On: 10 MAR 2021 The S...

March 10, 2021 744 Views 0 comment Print

Impact of Corona on Sezs

Corporate Law : Along with IT/ITES Units, Non IT/ITES Units in SEZs have also been allowed to take desktop/laptop outside SEZs to work from home. ...

September 16, 2020 393 Views 0 comment Print

Compliances to be met by units / developers / co‐developers of SEZs relaxed

Corporate Law : Department of Commerce decided to provide relaxations on compliances to be met by units / developers / co‐developers of Special ...

March 30, 2020 14307 Views 0 comment Print


Latest Judiciary


Duty payable when goods imported in SEZ are sold to DTA without being used for authorized operations

Custom Duty : CESTAT Delhi held that duty has to be paid when goods imported into an SEZ are not used for the authorised operations but are sold...

March 1, 2025 423 Views 0 comment Print

No confiscation of seized Gold under Customs Act based on invalid Letter Of Approval

Custom Duty : The Officers found that factory was operational. On being demanded, Sujit Kumar Bera produced all the gold available in the factor...

January 21, 2025 117 Views 0 comment Print

Amending non-existing Anti-Dumping Duty notification not sustainable in law: Madras HC

Custom Duty : The Special Economic Zone (SEZ) unit of Flextronics Technologies (India) Pvt. Ltd. ('Flextronics SEZ unit’) imported the goods, ...

November 22, 2024 615 Views 0 comment Print

Lease Rent from Industrial Park Property Taxable as Business Income: Madras HC

Income Tax : Madras High Court held that lease rent received from letting out property in industrial park is chargeable to tax under the head ...

September 21, 2024 633 Views 0 comment Print

Non-reflection of amended shipping bill cannot be reason for denial of MEIS benefit: Delhi HC

Custom Duty : Delhi High Court held that rejection of Merchandise Exports from India Scheme (MEIS) benefit merely because amended shipping bills...

September 6, 2024 381 Views 0 comment Print


Latest Notifications


‘Jan-Sunwai’ for redressasl of grievances of SEZ stakeholders

Corporate Law : Instruction No. 118 mandates weekly Jan-Sunwai sessions via VC for SEZ grievance redressal, ensuring timely resolutions and monthl...

February 19, 2025 99 Views 0 comment Print

Single Window IT System for Registrations & Approvals from IFSCA, SEZ, GSTN, RBI, SEBI, & IRDAI

Finance : IFSCA introduces a Single Window IT System for application processing in GIFT IFSC, simplifying registrations with various regulat...

September 30, 2024 564 Views 0 comment Print

Clarification on SEZ Import Restrictions by DGFT

DGFT : DGFT clarifies that SEZ units can import specific items exempt from recent restrictions under ITC codes as per Policy Circular No....

September 19, 2024 801 Views 0 comment Print

CBIC Newsletter July 2024: NTRS Report, RoDTEP for SEZs & Gold Smuggling Bust

Goods and Services Tax : Discover the CBIC July 2024 newsletter highlights including NTRS 2024 findings, RoDTEP benefits for SEZs, and a crackdown on gold ...

July 22, 2024 654 Views 0 comment Print

ICEGATE Implementation at non IT/ITES SEZs from 01.07.2024 – Clarification

Custom Duty : Understand the latest SEZ Division clarification for Non-IT/ITES SEZ Units effective from July 1, 2024. Learn about ICEGATE, RODTE...

June 29, 2024 2382 Views 0 comment Print


Guidelines on implementation of suo-motu disclosure under RTI Act, 2005

September 22, 2014 808 Views 0 comment Print

It was required that each Ministry/Public Authority should get its proactive disclosure package audited by third party every year and such audit should be communicated to the CIC through publication on their own website. It has been noticed that most of the Ministries/Public Authorities have not yet got their proactive disclosure package audited by a third party.

MoC urges Finance Minister to restore MAT and DDT exemption to SEZ

August 13, 2014 2050 Views 0 comment Print

As per the original provisions under the Special Economic Zones (SEZs) Act, 2005 and Rules, 2006, exemption from Minimum Alternate Tax (MAT) in the case of SEZ Developers and Units as also the exemption from Dividend Distribution Tax (DDT) for SEZ Developers were granted.

Further Amendment in Exemption from Service Tax/Refund of Tax Paid by SEZ –Developers/Units after Final Budget 2014-15

July 17, 2014 15005 Views 0 comment Print

Before discussing Notification No. 7/2014 –Service Tax dated 11-07-2014 came in response to Budget Speech of Shri Arun Jaitley, finance minster under Prime minister ship of   Shri Narendra Modiiji. I would like to bring to your attention previous position for exemption from Service Tax/Refund of tax paid by Special Economic Zones – Developers/Units. Central Board […]

Special Economic Zones-Notifications/Exemptions Withdrawn

April 24, 2014 3536 Views 0 comment Print

Amendments by Finance Act, 2011 to withdraw exemption from MAT & Dividend Distribution Tax to SEZ developers/units are not unconstitutional. In the impugned amendment it is made clear that it is prospective in nature. Therefore the impugned amendments can neither be said unreasonable or arbitrary.

Amendment in Exemption from Service Tax/Refund of Tax Paid by SEZ –Developers/Units

July 25, 2013 5847 Views 3 comments Print

Central Board of Excise and Customs, Ministry of Finance has rescinded Notification No. 40/2012-ST dated 20th June 2012 and introduced new Notification No. 12/2013-ST dated 01-07-2013. 1. As per this Notification where the specified services received by the SEZ unit or the Developer are used exclusively for the authorised operations, the person liable to pay […]

Effect of MAT on SEZ on Investors

December 6, 2012 1919 Views 0 comment Print

The provisions of Minimum Alternate Tax (MAT) have been made applicable to Special Economic Zone (SEZ) Developers and Units with effect from 1st April, 2012. The SEZ sector has seen a sharp slowdown due to a number of reasons including withdrawal of exemption from MAT and Dividend Distribution Tax (DDT) provisions, uncertain fiscal regime for SEZs, global slowdown in exports etc.

India Do not have the Concept of Tax Free Zones

November 23, 2012 889 Views 0 comment Print

There is no concept called Tax Free Zones as such in operation. However, there are schemes like Special Economic Zones (SEZs) and Export Oriented Units (EOUs) which provide tax exemptions. Both above schemes are administered by the Department of Commerce.

Guidelines on Handling of Court Cases and Other Litigation Matters Relating to Sezs

January 9, 2012 1985 Views 0 comment Print

In all other matters, the concerned DC, SEZ should take all necessary steps, including consultation with Government Counsel and represent the matter before the relevant Court on behalf of UoI also.

Discussion Paper on Potential Reform of the SEZ Policy and Operating Framework

November 12, 2011 12843 Views 0 comment Print

The SEZ sector has grown significantly since the enactment of the SEZ Act 2005 and Rules in 2006, in terms of the number of SEZs, investment attracted, and employment and exports generated. While these achievements are irrefutable and significant, a comprehensive analytical assessment of the performance of the sector and certain key developments in the politico-economic environment in recent years reveals aspects of the SEZ Policy and Operational framework that perhaps require a re-look with a view to possible reform.

Whether the benefit of deduction under Section 10A can be extended to inter-state sales made to another industrial unit in a SEZ, payment in respect of which is received in Indian rupees?

October 6, 2011 1487 Views 0 comment Print

Commissioner of Income Tax, Cochin Vs Electronic Controls & Discharge Systems (P) Ltd [2011] 13 Taxmann.com 193 (Kerala High Court)- Benefit of deduction under Section 10A is not available in respect of sales made to a unit in Special Economic Zone even though such sales are considered as ‘deemed exports’ under the provisions of the Special Economic Zones Act, 2005.

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