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Rescinding of a sector specific Special Economic Zone for food processing and related services at Hassan in the State of Karnataka

SEZ - S.O. 1217(E) - Dated:- 21-3-2016 - MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 21st March, 2016 S.O. 1217(E).-WHEREAS, M/s. Karnataka Industrial Area Development Board, a fully owned State Industrial Promotion Organization in the State of Karnataka, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone for food processing and re .....

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2008 has proposed for reduction of the area from 159.733 to 115.33 ha at the above Special Economic Zone; AND, WHEREAS, the Board of Approval (BoA) in its 22nd Meeting held on 25th February, 2008 has approved the above reduction in area subject to the condition that no tax benefits have been availed by the developer for the area to be deleted. AND, WHEREAS, M/s. Karnataka Industrial Area Development Board has now proposed for full denotification of 159.733 hectares area at the above Special Econ .....

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