TMI BlogAmends the Special Economic Zones Rules, 2006X X X X Extracts X X X X X X X X Extracts X X X X ..... e. 2. In the Special Economic Zones Rules, 2006 (hereinafter referred to as the principal rules), in rule 2, for clause (za), the following clause shall be substituted, namely:- '(za) Special Economic Zone for multi-product' means a Special Economic Zone for more than one sector where Units may be set up for manufacture of goods falling in two or more sectors or rendering of services falling in two or more sectors or any combination thereof including trading and warehousing'. 3. In the principal rules, in rule 10, for the second and third provisos, the following provisos shall be substituted, namely :- Provided further that exemptions, drawbacks and concessions on the goods and services allowed to a Developer or Co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oval and failure to do so, the Approval Committee may take action to withdraw the Letter of Approval after giving an opportunity of being heard. 6. In the principal rules, in rule 19 ,- (i) in sub-rule (2), for the first proviso, the following proviso shall be substituted, namely:- Provided that no such approval shall be granted by the Approval Committee in those cases which fall within the competence of the Board of Approval ; (ii) in sub-rule (7), for the proviso, the following proviso shall be substituted, namely:- Provided that foreign companies can also set up manufacturing Units as their branch operations in the Special Economic Zones in accordance with the provisions of Foreign-Exchange Management (Establishment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at the reimbursement of duty in lieu of drawback or Duty Entitlement Pass Book credit against supply of goods by Domestic Tariff Area supplier to Special Economic Zone developers shall be admissible even if payment is made in Indian Rupees. Reimbursement of duty in lieu of drawback against supply of goods to Special Economic Zone developer shall be made as per the procedure prescribed by the Central Government . 10. In the principal rules, in rule 39, (i) in sub-rule (1), after the words advance intimation the following words shall be inserted, namely:- of not less than seven days . (ii) in sub-rule (4), after the words Duty Entitlement Pass Book Scheme Credit the following words shall be inserted, namely:- or any oth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... namely:- '(ia) Type and quality of land i.e. waste and barren land, single crop or double crop etc. (ii) in Form 'B' , in paragraph III, after item (xvii), the following item shall be inserted, namely:- (xviii) The Developer shall bear the cost of staff provided by the Government to man the posts in the Special Economic Zone and will deposit the requisite amount as and when demanded by the Development Commissioner . [F.No.2/3/2008-SEZ] ANIL MUKIM, Jt. Secy. Note:- The principal rules were published in the Gazette of India, Extraordinary vide number G.S.R. 54(E), dated the 10th day of February, 2006 and subsequently amended vide notification number (1) G.S.R. 470(E), dated the 10th day of August, 2006 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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