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Special Economic Zones (Amendment) Rules, 2017 - G.S.R. 585(E) - Special Economic Zone

Extract

..... te of their publication in the Official Gazette. 2. In the Special Economic Zones Rules, 2006 (hereinafter referred as the said rules), in Rule 41, in sub-rule (1), - (a) in clause (a), - (i) the words ‘including studded jewellery’ shall be omitted; (ii) the following proviso shall be inserted, namely:- “Provided that in case of a gems and jewellery unit, the finished goods requiring further processing or semi-finished goods, including precious metals, taken outside the Special .....

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Special Economic Zones (Amendment) Rules, 2017 - G.S.R. 585(E) - Special Economic Zone

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..... b-contracted production process of a unit, shall not exceed one- half the value of goods cleared by the unit in the immediately preceding financial year. Explanation 1. - For removal of doubts it is clarified that the expression “sub-contracting” of a part of its production under this rule shall mean sub-contracting all the production processes for conversion of raw material into finished products. Explanation 2. - In case of first year of production, the value of the goods sub-contr .....

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Special Economic Zones (Amendment) Rules, 2017 - G.S.R. 585(E) - Special Economic Zone

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