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Validity of Formal Approval - reg. - SEZ - 16/2009Extract Instruction No. 16 F.No.C.3/16/2009-SEZ Ministry of Commerce Industry Department of Commerce Udyog Bhawan, New Delhi dated the 11th June, 2009 To All Development Commissioners. Sub: Validity of Formal Approval - reg. I am directed to say that references have been received from Developers regarding validity of Formal Approval after operationalization of the Zone and the time limit mentioned in the Approval Letter for implementation of the project. 2. In this connection, it is clarified that a Special Economic Zone will be operational once exports starts from the Zone. 3. Further, Letter of Approval issued to the developer of the Special Economic Zone shall remain valid beyond the date prescribed in the Letter of Approval for implementation of the project, once the Special Economic Zone becomes operational, till it is suspended/revoked. Yours faithfully (R.K.Pandey) Under Secretary to the Government of India Tel:23062496
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