Examples of SEZ Act in a sentence
The SEZ Developers/units, its agencies appointed by them have been exempted from Payment of Customs Duty for goods or services imported into SEZ for its authorised operations in terms of Section 26 of SEZ Act, 2005.
The CSEZ Developers/units have been exempted from Payment of Customs Duty for goods or services imported into SEZ for its authorised operations in terms of Section 26 of SEZ Act, 2005.
The successful bidder shall obtain all necessary approvals from competent SEZ Authorities under SEZ Act, 2005 and MP SEZ Act, and rules and notifications issued there under from time to time and shall obtain all other applicable permissions, consents and licenses from competent and appropriate authorities.
Underlying the enactment of the SEZ Act was the need to provide long term stability and continuity to the scheme.
TC transactions in respect of SEZs and DTAs as permitted above should also be in compliance with applicable provisions of SEZ Act, 2005 as amended from time to time.
The Assessing Officer, will have the right to examine the taxability of these amounts under the SEZ Act and Income Tax Act as applicable.
To be eligible under the SEZ Act, the companies inside an SEZ must commit to export their production of goods and/or services.
SEZs are governed by the SEZ Act (No.16 of 2014) and are supported by a range of incentives aimed at attracting foreign and local investment.
Each Zone is headed by a Development Commissioner and is administered as per the SEZ Act, 2005 and SEZ Rules, 2006.
All laws of India are applicable in SEZs unless specifically exempted as per the SEZ Act/ Rules.