Sez zone

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ankita

ankita (Querist)
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16 January 2012 What are the legal formalities and procedures to start a private limited company in SEZ zone???

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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16 January 2012 India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. With a view to overcome the shortcomings experienced on account of the multiplicity of controls and clearances; absence of world-class infrastructure, and an unstable fiscal regime and with a view to attract larger foreign investments in India, the Special Economic Zones (SEZs) Policy was announced in April 2000.

A SEZ may be set up in the public, private or joint sector or by State Government. Guidelines for setting up of Special Economic Zones in the public/ private/ joint Sector or by the State Government is given in Appendix-14-IIO.

Any individual, co-operative society, company or partnership firm can file an application for setting up of Special Economic Zone. The application is to be made in Form-A to the concerned State Government and the Board of Approval (BOA) in the Department of Commerce, Government of India. However the application would be considered by the BOA only when the State Government recommendation is received.

More information link is:

https://www.mahindraworldcity.com/sez/ProceduresforSEZ.pdf

https://164.100.9.245/exim/2000/procedures/bchap-07.html

for application file format is :

https://www.sezindia.nic.in/writereaddata/pdf/Form_A_and_checklist.pdf

Any query:

Development Commissioner
NSEZ, Noida Dadri Road, Phase-II,
Noida District, Gautam Budh Nagar-201305 (U.P.)
Tel: 91-120-2562315, 2567274, 2567270-73,
Fax: 91-120-2562314, 2567276
Email: dcnepz@nda.vsnl.net.in
Website: https://www.nsez.gov.in

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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16 January 2012 must read:

https://www.caclubindia.com/share_files/comprative-incentive-among-sez-eou-and-general-unit--23721.asp

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