I was verifying the SEZ compliance of one of the client. On discussion, client said that there are certain restrictions in movement of employees like:
a) Transferring old employee from Non - SEZ unit to SEZ unit (within the company) b) Transferring newly joined employee from SEZ unit to Non-SEZ unit. c) Movement of employees between 2 SEZ units of the company.
We were also informed that only "On Bench" employees can be transferred as said above and for other categories of employees, to the extent of 20% alone can be transferred.
They are applying 80:20 criteria as applied to P& M in SEZ.Even on discussion with other client in SEZ we are informed the same.
Is it Correct? Is there any such restrictions? Is there any such provision / case law / notification?
Kindly help on the above issue also provide us the list of State government (Tamil Nadu) benefits available to SEZ unit (Particularly the VAT, Electricity duty, stamp duty etc).
24 July 2010
This was an open query and not a resolved one before replying. And the query was a much older one and till that time he must have got the solution.
CAclubindia
