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Karnataka State Policy for Special Economic Zones 2009 With Amendments

Karnataka State Policy for Special Economic Zones 2009 With Amendments

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The prime objective of the Policy is to facilitate & expedite establishment of
SEZs, at the same time safeguarding the environment and the interests of
landowners. The Policy provides for a package of incentives, supportive
measures besides clarity on procedural guidelines.
The prime objective of the Policy is to facilitate & expedite establishment of
SEZs, at the same time safeguarding the environment and the interests of
landowners. The Policy provides for a package of incentives, supportive
measures besides clarity on procedural guidelines.

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07/10/2013

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PROCEEDINGS OF GOVERNMENT OF KARNATAKA
Sub: State Policy for Special Economic Zones – 2009Ref: Govt. Order No. CI 252 SPI 2001 dated 25.2.2002.
- - -
 Preamble:
The Government of India have announced the concept of Special Economic Zones(SEZs) in the year 2000 through a revision in the EXIM Policy 1997-2002 with a viewto providing an internationally competitive and hassle free environment for productionof goods and services for exports. These SEZs are virtually deemed to be a foreignterritory within the Country, free from all the rules and regulations governing theimport and export. The SEZs are specifically treated as duty free enclaves for thepurpose of industrial, service and trade operations with exemption from customsduties and a more liberal regime on levies, foreign investment and other transactions.The domestic regulations, restrictions and infrastructure inadequacies are sought to beremoved for creating an investor and industry friendly environment. The SEZs wouldbe islands of excellence and efficiency.These SEZs may be for a specific sector meant exclusively for one or more productsin a sector or one or more services in a sector. In the alternative a SEZ may be multi-product one, where the units may be set up for manufacture of two or more goods in asector or goods falling in two or more sectors or for trading and warehousing orrendering of two or more services in a sector or rendering of services falling in two ormore sectors.As per the Government of India guidelines, SEZs can be developed in the public,private or joint sectors or by the State Governments or their agencies or through PPPbasis. They are expected to promote establishment of large, self-contained areassupported by world–class infrastructure oriented towards export production.
 
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Exploiting the full potential of the concept of SEZs would bring large dividends to theState in terms of economic and industrial development and the generation of newemployment opportunities. The SEZs are expected to be engines of new economicgrowth.Government of India has enacted the Special Economic Zones Act, 2005 and notifiedSpecial Economic Zones Rules, 2006. The SEZ Act specifies powers of the State togrant following exemptions vide Sec. 50 of chapter VIII:a.
 
Granting exemption from the State taxes, levies and duties to the Developer or theentrepreneurb.
 
Delegating the powers conferred upon any person or authority under any State Actto the Development Commissioner in relation to the Developer or entrepreneur.As per Rule 5 (5) of Chapter II of SEZ Rules 2006 regarding procedure forestablishment of SEZ, the State Government also has been directed to endeavor thatthe following are made available in the State for the proposed SEZ units anddeveloper before recommending any proposal for SEZ to Government of India forapproval:a)
 
exemption from the State and local taxes, levies and duties, including stamp duty,and taxes levied by local bodies on goods required for authorized operations by aunit or developer, and the goods sold by a unit in the domestic tariff area except thegoods procured from domestic tariff area and sold as it is;b)
 
Exemption from electricity duty or taxes on sale, of self generated or purchasedelectric power for use in the processing area of a SEZc)
 
Allow generation, transmission, and distribution of power within a SEZ as per theprovisions of Electricity Act, 2003d)
 
Providing water, electricity and such other services, as may be required by thedeveloper be provided or caused to be provided;
 
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e)
 
Delegation of power to the Development Commissioner under the IndustrialDisputes Act, 1947 and other related Acts in relation to the unit; and the workmenemployed by the developer;f)
 
Declaration of the SEZ as a Public Utility Service under Industrial Disputes Act,1947;g)
 
Providing single point clearance system to the developer and unit under the StateActs and Rules.There is a need for Policy pronouncement by the State Government to support andencourage development of SEZ by public, private or joint sectors or by the StateGovernment, or its agencies in the State.Hence this Policy and Order.
GOVERNMENT ORDER NO CI 114 SPI 2007 BANGALORE,DATED 28-2-2009
In the circumstances explained in the preamble portion of the Order, Government ispleased to announce a State Policy for Special Economic Zones – 2009 as indicated inAnnexure to this Government Order. This Policy shall come into force withimmediate effect and shall govern the development, operation and management of Special Economic Zones and the SEZ units to be established therein.This order issues with the concurrence of the Finance Department vide U.O. Note No.FD/213/CSL/2008 dtd: 26.12.2008, Revenue Department vide U.O.Note ¸ÀA:PÀAE/342/ªÀÄÄ£ÉÆêÀÄÄ/2008 ¢£ÁAPÀ: 16.1.2009, Energy Department videU.O.Note No.
EJ£ï/6470/¹éêÀÄgÀ/2008 ¢£ÁAPÀ: 1.1.2009,
UrbanDevelopment Department vide U.O.Note No. UDD/ 238/BMR/2008 dtd: 14.10.2008,Public Works, Ports & Inland Water Transport Department vide U.O.Note No.PWD/188/PSP/2008 dtd: 5.9.2008, Forest, Ecology & Environment U.O.Note No.FEE/91/SECY-ENV/2008 dtd: 26.8.2008, IT, BT & Science and TechnologyDepartment U.O.Note No. ITB/ 44/MDA/2008 dtd: 19.9.2008, Labour Department

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