TMI BlogFacilitating Ease of Doing Business - Recent Initiatives Under Implementation for SEZsX X X X Extracts X X X X X X X X Extracts X X X X ..... Facilitating Ease of Doing Business - Recent Initiatives Under Implementation for SEZs - News and Press Release Dated:- 28-11-2014 - News - The government is committed to facilitate ease of doing business. Following initiatives have been taken by the Government for Special Economic Zones (SEZs) which are presently under implementation: 1. Service Delivery - Activities related to Developers a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd Units in SEZs were identified and timelines for completion of the said activities were prescribed and implemented. It was launched on 14.08.2014 in all Zones. This is being monitored by Development Commissioners regularly. 2. Digitization and online processing of various activities relating to SEZ Developers and Units has been introduced in all Zones from 01.11.2014. The option of either fi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ling applications online or in hardcopy is available to Developers/Units till 31.12.2014. Thereafter, from 01.01.2015, only online applications for all activities (except for setting up of new SEZs) will be entertained from Developers and Units. 3. Standardisation of procedures, practices and forms in all SEZs has been implemented from 28.10.2014. Procedures for regulating certain activities w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hich were not indicated in SEZ Act and Rules have been standardised, e.g. :- Utilization of goods by the Developer / Co-Developer, Approval of material for authorised operations by Developer / Co-Developer Information required for renewal of LoA for 5 years Format for lease deed and its renewal, and Format for Annual Performance Report of the Units has been revis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed and simplified. 4. The mechanism for redressal of grievances of SEZ Developers / Units and its monitoring has been revisited and implemented in all the Zones. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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