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Privileges for Units Operating from SEZ

  • Single window clearance for central and state level approvals
  • Exemption from any duty of customs on goods imported into, or service provided in a Special Economic Zone.
  • Exemption from any duty of customs on goods exported from, or services provided, from a Special Economic Zone to any place outside India.
  • Exemption from any duty of excise on goods brought from Domestic Tariff Area to a special Economic Zone.
  • Drawback on goods brought or services provided from the Domestic Tariff Area into a SEZ.
  • Exemption of service tax / refund of service tax paid on taxable services to a Developer or Unit.
  • Exemption from the securities transaction tax in case the taxable securities transactions are entered into by a non-resident through the international financial services centre.
  • Exemption from the levy of Central Sales Tax Act if such goods are meant to carry on the authorized operations by the Developer or Entrepreneur
  • Exemption from the State Sales tax and other state levies
  • Income tax exemption for a block of 10 years in 15 years under section 80-1AB of the Income Tax Act
  • Exemption from minimum alternate tax under section 115 JB of the Income tax Act
  • Exemption from dividend distribution tax under section 115 O of the Income Tax Act

 

 

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