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A designated
duty free enclave and to be treated as foreign territory for
trade operations and duties and tariffs.
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No licence
required for import.
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Exemption
from Customs duty on import on capital goods, raw materials,
consumables, spares etc.
-
Exemption
from Central Excise duty on procurement of capital goods,
raw materials, consumable spares etc. from the domestic
market.
-
Supplies
from DTA to SEZ units treated as Deemed Exports. Domestic
supplier may claim DEPB in lieu of drawback, provided
payments for the supply are made from Foreign Exchange
account of the unit..
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Exemption of
Central Sales Tax on domestic purchases against Form-I.
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100% tax
exemption for 05 years and 50% for next 05 years thereafter,
and 05 years of the ploughed back export profit for next
five years.
-
SEZ units
may be for manufacturing, trading or service activity.
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SEZ units to
be positive net foreign exchange earner to be cumulatively
for a period of five years.
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Performance
of the units to be monitored by an Approval Committee headed by the Development Commissioner and consisting of Customs.
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100%FDI in
manufacturing sector allowed through automatic route barring
a few sectors.
-
Facility to
retain 100% foreign exchange receipts in EEFC Account.
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Facility to
realize and repatriate export proceeds within 12 months.
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Re-export
imported goods found defective, goods imported from foreign
suppliers on loan basis etc. without G.R. Waiver with the
permission of the Development Commissioner.
-
Overseas
investment by SEZ units from EEFC account through automatic
route.
-
Release of
foreign exchange to DTA units to buy goods from units in
SEZs.
-
Facility to
setup offshore banking units.
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No cap on
foreign investments for SSI reserved items.
-
Exemption
from industrial licensing requirement for items reserved for
SSI sector.
-
Profits
allowed to be repatriated freely without any dividend
balancing requirement.
-
Domestic
Sales on payment of full duty subject to import policy in force.
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No fixed
wastage norms.
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Full freedom
for subcontracting including subcontracting abroad.
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Subcontracting
facility available to jewellery units.
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Duty free
goods to be utilized in 05 years.
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Job work on
behalf of domestic exporters for direct exports allowed.
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No routine
examination by Customs of export and import cargo.
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No separate
documentation required for Customs and Foreign Trade Policy.
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In-house
Customs clearance.
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Support
services like banking, post office, clearing agents etc.
provided in Zone complex.
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Developed
plots and ready-to-use built-up space.
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Exemption
from Customs / Excise Duty for import / domestic procurement
of goods for setting up units in the zone.
