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SEZs Operational in the Country

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..... SEZs Operational in the Country
News and Press Release
Dated:- 5-8-2015

In addition to Seven Central Government Special Economic Zones (SEZs) and 11 State/Private Sector SEZs set-up prior to the enactment of the SEZs Act, 2005, formal approval has been accorded to 416 proposals out of which 330 SEZs have been notified. Presently, a total of 202 SEZs are exporting. A list showing Stat .....

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..... e/UT-wise distribution of operational SEZs is given below:- State/UT-wise distribution of Operational SEZs (As on 31.07.2015) States/UTs Operational SEZs Andhra Pradesh 19 Chandigarh 2 Chhattisgarh 1 Gujarat 18 Haryana 6 Karnataka 26 Kerala 15 Madhya Pradesh 2 Maharashtra 25 Odisha 2 Punjab 2 Rajasthan 4 Tamil Nadu 36 Telangana 26 Uttar Pradesh 11 West Bengal 7 .....

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..... GRAND TOTAL 202 The fiscal concessions and duty benefits allowed to Special Economic Zones (SEZs) are in-built into the SEZs Act, 2005 and Rules thereunder. The incentives and concessions available to SEZ Developers and Units include exemptions from income tax, customs/excise duties, central sales tax, service tax, VAT, etc. These fiscal concessions and duty benefits allowed to SEZs are in the n .....

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..... ature of incentives to achieve the SEZ objectives. The revenue foregone on account of concessions availed by the SEZ Developers and Units under the provisions of sections 10AA and 80-LA of the Income Tax Act, 1961 as well as customs duty and excise duty availed during the last three years is as under:- Sl. No. Financial Year(s) Revenue Foregone (Rs. in crore) 1 2012-13 23305.40 2 2013-14 .....

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..... 27855.10 3 2014-15 (estimated) 26533.87 This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.
News - Press release - PIB .....

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