18 June 2012
No licence required for import made under SEZ units.
Duty free import or domestic procurement of goods for setting up of the SEZ units.
Exemption from customs duty on import of capital goods, raw materials, consumables, spares, etc.
Exemption from Central Excise duty on the procurement of capital goods, raw materials, and consumable spares, etc. from the domestic market.
Exemption from payment of Central Sales Tax on the sale or purchase of goods, provided that, the goods are meant for undertaking authorized operations.
Noted that:
The Government has exempted SEZ Units from the payment of stamp duty and registration fees on the lease/license of plots.
CAclubindia
