SEZ Benefits
SEZ units provide the flexibility of catering to Indian and Global markets as long as Net Foreign Exchange (NFE) positive criteria is met - over five years. Eligible manufacturing units may avail below mentionaed attractive SEZ incentives as per SEZ Act, India.
On Capital Goods, Components, Consumables, Raw Materials & Spares
On Other Transactions
- 100% FDI through Automatic Route
- 100% Capital Account Convertibility
- Freedom from Industrial Licensing
- Local sales is allowed as long as Net Foreign Exchange positive criteria is met and on payment of duties
- No minimum export obligation
On Capital Goods, Components, Consumables, Raw Materials & Spares
- Duty free imports & domestic Procurement
- Exemption of Excise Duty
- Refund of Sales Tax/VAT
- Exemption / Refund of Service Tax
- Exemption from Central Service Tax
- Exemption of Purchase Tax
On Other Transactions
- 50 % exemption of Stamp duty & Registration Fees
- 50% exemption of Stamp duty on Mortgages
- Exemption of Electricity Duty and Taxes
- Domestic Sales –Subject to NFE Conditions
- Exemption of Income Tax (100% for 5 yrs. + 50% for next 5 yrs + 50% ploughed back export profit from next 5 years )
- SEZ unit will be exempted from industrial licensing norms
- 100% FDI through automatic route
- Free to retain entire FE earnings
- The unit will enjoy ‘public utility services’ status
- The unit will be able to do self certification of import and export transactions
- And many more
