100% Exemption – in a block of 10 years out of
15 years
Indirect Tax Benefits
Exemption from VAT/CST, Excise duty, custom duty
and service tax on domestic procurements and
imports.
Income Tax Benefits to a SEZ
unit
100% Exemption – for first five years
50% Exemption – for next five years
50% Exemption – for next five years (on profits
ploughed back)
Basic Incentives enjoyed by
the SEZ Major attractions held out by these zones
are
A system of single window clearances
Single notified agency for inspection etc.
Providing a unique, hassle-free environment.
Full freedom for subcontracting.
Subcontracting of part of production from abroad
permitted.
Movement of goods into or from the zone by the units
/ developers based on self declaration, no routine
examination.
Unlimited credit period for export realization.
Re-export of imported goods found defective, goods
imported from foreign suppliers on loan basis
without Guaranteed Receipt waiver under intimation
to the Development Commissioner .
Duty-free import of capital goods, raw materials,
consumables and spares.
Duty-free procurement of capital goods, raw
materials and consumable spares from the domestic
market.
Exemption from the payment of central sales tax on
interstate purchases from the domestic market.
Exemption from service tax for services provided to
a unit (including a unit under construction) of the
SEZ.
Manufacturing or service activity allowed. SEZ units
permitted to sell products in the domestic tariff
area (DTA) on payment of full customs duty, subject
to the import policy in force.
Certain supplies in the DTA such as supplies to
other EOU/ STP/ EHTP/ BTP/SEZ units, holders of
special import licenses, sale of ITA bound items
etc. would be counted towards achievement of
positive net foreign exchange earnings.
Facility to retain 100 per cent of the foreign
exchange receipts in the export earners foreign
currency account.
For further details & enquiry kindly click on the
Government's official website link below www.sezindia.nic.in
