TMI BlogExtension of Time to Sez DevelopersX X X X Extracts X X X X X X X X Extracts X X X X ..... Extension of Time to Sez Developers - News and Press Release Dated:- 18-12-2013 - News - In addition to Seven Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005 , formal approval has been accorded to 574 proposals out of which 391 SEZs presently stand notified. A total of 175 SEZs have commenced export. A list showing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... State-wise distribution of formally approved, notified and operational SEZs is at Annexure-I. Some SEZ developers have sought extension of validity period of the letter of approval granted to them for the execution of their projects stating reasons including adverse business climate due to global recession, delay in approvals from statutory/State Government bodies, delay in environmental cleara ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nce, lack of demand for space in SEZs, changed fiscal incentive regime for SEZs etc. After deliberations and taking into account the facts and circumstances of each case, the Board of Approval for SEZs has granted approval for extension of validity of approval in the case of several developers for the execution of their projects. The State wise position of extension of validity of approvals grante ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d for developers from 1.4.2012 till 30.11.2013 is given as per Annexure-II. Annexure-I State-wise distribution of SEZs (As on 05.12.2013) State Formal Approvals Notified SEZs Operational (Exporting) SEZs Andhra Pradesh 109 78 40 Chandigarh 2 2 2 Chhattisgarh 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 1 Delhi 3 0 0 Dadra Nagar Haveli 2 1 0 Goa 7 3 0 Gujarat 43 30 18 Haryana 45 34 5 Jharkhand 1 1 0 Karnataka 61 40 22 Kerala 29 24 8 Madhya Pradesh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 19 9 2 Maharashtra 101 65 20 Manipur 1 0 0 Nagaland 2 2 0 Odisha 10 5 1 Puducherry 1 0 0 Punjab 8 2 2 Rajasthan 10 10 5 Tamil Nadu 67 53 34 Uttar Pradesh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 31 21 9 Uttarakhand 2 1 0 West Bengal 18 9 6 GRAND TOTAL 574 391 175 Annexure-II State-wise details of number of SEZ Developers granted extension of validity of their Approvals for setting up SEZ (w.e.f. 1.4.2012 to 30.11.2013) Sl. No. State ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. of SEZ Developers granted extension of Approvals 1. Andhra Pradesh 13 2. Gujarat 10 3. Haryana 9 4. Jharkhand 1 5. Karnataka 12 6. Kerala 15 7. Madhya Pradesh 2 8. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Maharashtra 18 9. Nagaland 3 10. Odisha 5 11. Tamil Nadu 16 12. Uttar Pradesh 6 13. West Bengal 5 GRAND TOTAL 115 The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. E.M. Sudars ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ana Natchiappan in Rajya Sabha today. - 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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