YES.. As per Section 99 of the Finance Act, 2007 Chapter XA has been omitted from the Customs Act, 1962. Now the SEZ Act, 2005 is the law governing SEZs.
Guest
Posted on 17 February 2008
Yes dear, there are no provisions relating to SEZ in customs ACt or even in FTP. Now SEZ Act is the comprehensive legislation on all SEZ matters
Guest
Posted on 28 November 2008
Sri City Special Economic Zone offers a strategic location to global companies for the establishment of services and trading operations in India. Envisaged as a business destination that benchmarks with the best in the world, SriCity will provide industrial and support business infrastructure, designed to raise the bar on every parameter of quality standards. Spread over 5000 acres, this business city is set to arrive on the global investment map with the twin benefits of an SEZ and an adjoining Domestic Tariff Area for the creation of a supplier base. These business zones will be supported by a social infrastructure zone that encompasses living quarters for employees with all support amenities. View Information - http://www.sricity.in