Special Economic Zone Act, 2005

Section - 1 - Short title, extent and commencement

---

Section - 2 - Definitions

---

Section - 3 - Procedure for making proposal to establish Special Economic Zone

---

Section - 4 - Establishment of Special Economic Zone and approval and authorisation to operate to, Developer

---

Section - 5 - Guidelines for notifying Special Economic Zone

---

Section - 6 - Processing and non-processing areas

---

Section - 7 - Exemption from taxes, duties or cess

---

Section - 8 - Constitution of Board of Approval

---

Section - 9 - Duties, powers and functions of Board

---

Section - 10 - Suspension of letter of approval and transfer of Special Economic Zone in certain cases

---

Section - 11 - Development Commissioner

---

Section - 12 - Functions of Development Commissioner

---

Section - 13 - Constitution of Approval Committee

---

Section - 14 - Powers and functions of Approval Committee

---

Section - 15 - Setting up of Unit

---

Section - 16 - Cancellation of letter of approval to entrepreneur

---

Section - 17 - Setting up and operation of Offshore Banking Unit

---

Section - 18 - Setting up of International Financial Services Centre

---

Section - 19 - Single application form, return, etc

---

Section - 20 - Agency to inspect

---

Section - 21 - Single enforcement officer or agency for notified offences

---

Section - 22 - Investigation, inspection, search or seizure

---

Section - 23 - Designated Courts to try suits and notified offences

---

Section - 24 - Appeal to High Court

---

Section - 25 - Offences by companies

---

Section - 26 - Exemptions, drawbacks and concessions to every Developer and entrepreneur

---

Section - 27 - Provisions of Income-tax Act, 1961 to apply with certain modification in relation to Developers and entrepreneurs

---

Section - 28 - Duration of goods or services in Special Economic Zones

---

Section - 29 - Transfer of ownership and removal of goods

---

Section - 30 - Domestic clearance by Units

---

Section - 31 - Constitution of Authority

---

Section - 32 - Officers of Authority and other staff

---

Section - 33 - Special provision for transfer of officers or other employees to Authority

---

Section - 34 - Functions of Authority

---

Section - 35 - Grants and loans by Central Government

---

Section - 36 - Constitution of Fund and its application

---

Section - 37 - Accounts and audit

---

Section - 38 - Directions by Central Government

---

Section - 39 - Returns and reports

---

Section - 40 - Power to supersede Authority

---

Section - 41 - Members, officers and other employees of Authority to be public servants

---

Section - 42 - Reference of dispute

---

Section - 43 - Limitation

---

Section - 44 - Applicability of provisions of this Act to existing Special Economic Zones

---

Section - 45 - Person to whom a communication may be sent under this Act

---

Section - 46 - Identity Card

---

Section - 47 - Authorities responsible for administration

---

Section - 48 - Protection of action taken in good faith

---

Section - 49 - Power to modify provisions of this Act or other enactments in relation to Special Economic Zones

---

Section - 50 - Power of State Government to grant exemption

---

Section - 51 - Act to have overriding effect

---

Section - 52 - Certain provisions not to apply

---

Section - 53 - Special Economic Zones to be ports, airports, inland container depots, land stations, etc., in certain cases

---

Section - 54 - Amendment to First Schedule

---

Section - 55 - Power to make rules

---

Section - 56 - Power to remove difficulties

---

Section - 57 - Amendment of certain enactments

---

Section - 58 - Savings

---

The First Schedule - -

---

The Second Schedule - -

---

The Third Schedule - -

---

To read the full act/ section offline, download the app from Google Play store