WHAT IS SEZ?

It is a specifically delineated dutyfree enclave and shall deed to be a foreign territory for the purposes of trade operations and duties and tariffs

The purpose..
to provide an internationally competitive and hassle free environment for exports

What is special?
1. Duty free! Exemption from taxes, various subsidies and tax sops 2. hassle-free! Exemption from stringent labour and environment regulations! 3. A Foreign enclave! 4. Single window clearance by : BOA_& APPROVAL COMMITTEE 5. Land acquisition up to 1000 ha 6. Only 25% of the area for Industrial activity the rest of the area for entertainment and residential as well as other commercial activities!

SEZ a FAVOURED DESTINATION

Fiscal Incentives & Regulatory Benefits.
Thrust on self certification & in-zone empowerment

SEZ
Integrated infrastructure..
Self-contained & self managed.

Shenzhen SEZ

Shenzhen SEZ

Advantages 15 year corporate tax holiday on export profit. Allowed to carry forward losses No license required for import made under SEZ units. Duty free import goods for setting up of the SEZ units Exemption from payment of service tax. Setting up off-shore banking units(obu) allowed in SEZs.

Benefits:
Direct
Foreign exchange

Indirect
Indirect employment Investment Skill spillovers Tech. spillovers

Employment
Employment Skill up gradation FDI

Tech. transfers and creation

Total benefits :

Ind. Growth Productive diversification Human development Revenue generation for govt.

Strategic Location
Easily accessible by land, air and sea. Practically half of the worlds container fleet passes by its doorway.

Net benefits_:_
NNB = (EXP+DTA+TAXGAIN)-

IMP-RM-ELEC-ADMIN-TAX LOSS.
{WHERE:NNB : net benefits from SEZs EXP : foreign exch. Earnings & DTA : domestic tariff area sales TAXGAIN : taxes collected on DTA sales.}

Thank you..!

PRESENTED BY: NAME CLASS ROLL NO. SUBJECT TOPIC

: : : :

SURBHI SHARMA S.Y-BBM(I.B) 47 INTERANTIONAL MARKETING : SPECIAL ECONOMIC ZONE

(BENEFITS).