Go AD-Free with CAclubindia Pro and Daily Mobile Updates. Subscribe Now!

Checklist

bhalchandra (Deputy Manager Accounts & Audit) (24 Points)

03 March 2016

SEZ Compliance

Reply
Follow
Share

1 Replies

Sathish M (Management Accountant) (40581 Points)
Replied 04 March 2016

CHECK LIST FOR THE PROPOSALS TO BE TAKEN UP BY BOA

1. Name of the Developer.

2. Proposed area of the location of the SEZ.

3. Status of recommendation of the proposal by the State Government (if available).

4. Whether proposal is for formal or in-principle approval? (In case land is in possession of the promoter, it is considered for formal approval)

5. Is it a multi-product SEZ?

6. If it is a sector specific SEZ, the sector is.

7. Whether it meets the area requirements.

8. Area of the SEZ (in hectares)

9. Whether Form- A has been filed?

10. Whether undertaking and affidavit has been submitted?

11. Whether project report has been submitted?

12. Whether land is owned/leased and is in possession of the Developer?

13. Does the proposal meet the area requirements of the Rules?

14. Whether the land has existing structures or is vacant?

15. Whether the land is contiguous?

16. Projected investment in the project.

17. Projected exports from the project.

18. Projected employment from the project.

19. Share capital and Reserves of the Developer Company.

20. Source of funds for the project.

21. Audited Accounts of the Developer for last 3 Years (for all the constituents in case the Developer is a SPV). If the company is a new company, audited accounts of Flagship Company may be provided.

22. Extent of FDI

23. Source of FDI

24. Whether provisions contained in the Press Note No. 5 (2005 Series), issued by the Ministry of Commerce and Industry have been followed in respect of Telecom/IT SEZ development?

1 Like