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Concessions to Special Economic Zones

News and Press Release - Dated:- 25-4-2016 - The fiscal concessions and duty benefits allowed to Special Economic Zones (SEZs) are in-built into the SEZs Act, 2005 and Rules thereunder. These exemptions are uniformly applicable to all SEZs and are in the nature of incentives for export and are consistent with the principles that guide export promotion initiatives of the Government in general. Ministry of Finance has withdrawn the exemption from Minimum Alternate Tax (MAT) to SEZ Developers and U .....

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e Special Economic Zones (SEZs) during the last three years are as under: Years Exports (Rs. in crore) Growth/decline over previous year 2013-2014 4,94,077 4% 2014-2015 4,63,770 -6.13% 2015-2016 (April to December, 2015) 3,41,685 -1.89% (corresponding period of previous financial year 2014-15) Export Promotion Council for EoUs and SEZs (EPCES) has been undertaking several activities for enhancing exports as well as resolving issues concerning EoUs and SEZs. During the year 2015-16, a number of m .....

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Automobiles and Auto ancillaries manufacturing, Leather, Footwear and Sports goods Sector, Electronic and Hardware and Software services and Textiles sector SEZs during the last five years is as under: Sl. No. Sector 2011-12 2012-13 2013-14 2014-15 2015-16 (as on 31.12.15) 1 Computer/Electronic software (IT/ITeS) 81017.11 140306.71 184093.93 212349.15 177756.81 2 Automobiles and Auto ancillaries manufacturing 761 849 1154 1253 1720 3 Electronics hardware 20454.40 20936.75 16460.71 7181.65 3444.8 .....

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