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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 - News - 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 St .....

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..... ate/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 .....

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..... Gujarat 18 Haryana 6 Karnataka 26 Kerala 15 Madhya Pradesh 2 Maharashtra 25 Odisha 2 Punjab 2 .....

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..... Rajasthan 4 Tamil Nadu 36 Telangana 26 Uttar Pradesh 11 West Bengal 7 GRAND TOTAL 202 The fiscal concessions and duty benefits allowed to Special Economic Zones (SEZs) are i .....

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..... n-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 nature of incentives to achieve the SEZ objectives. The revenue foregone on account of concessions avail .....

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..... ed 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 .....

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..... 2 2013-14 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 Tax Management India - taxmanag .....

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..... ementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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