http://timesofindia.indiatimes.

com/city/chennai/Unions-launch-onward-march-in-the-SEZ-
corridor/articleshow/6224877.cms

http://www.financialexpress.com/news/sez-labour-laws-tus-for-talks-with-centre/196611/

http://www.sezindiainvest.com/

Fiscal Incentives
    Period Amount
For first five years 100% of the eligible
profits or gains
50% of the eligible
Income Tax Next five years
profits or gains
Holiday (Units
50% of the eligible
In Sez) Next five years
profits or gains
subject to creation or
specified reserve
Deduction of 100% of profits derived from
Income Tax developing a SEZ for a Period of 10
Holiday consecutive assessment years out of the
(Developer) first 15 years from the year in which the
SEZ is notified by the Central Government
Exemption from capital gains or transfer
or specified assets in Consequence to
Capital Gain shifting of industrial undertaking from
urban or other areas to SEZ subject to
certain conditions.
Exemption from Dividend Distribution
Dividend Tax declared or paid after 1st April, 2005
Distribution by an enterprise engaged in developing or
Tax developing and operating or developing,
operating and maintaining a SEZ.
Exemption from the provisions of
Minimum
Minimum Alternate Tax for developer as
Alternate Tax
well as SEZ unit.
Exemption from customs duties for
Customs
development of SEZ for authorized
Duties
operation approved by BOA
Service Tax Exemption from Service Tax under
chapter VI of the Finance Act 1994 on
taxable services provided to a developer or
unit to carry on authorized Operation in an
 SEZ
Exemption from the Securities Transaction
Tax leviable under Section 98 of the
Securities
Finance (No.2) Act 2004 in case the
Transaction
taxable securities transactions are entered
Tax
into by a non-resident through the
International Finance Service.
Duty free Import domestic procurement of
Import Duty goods for development, Operation &
maintenance of SEZ units.
Exemption from any duty or excise, under
the Central Excise Act, 1944 or the
Central Excise Tariff Act, 1985 or any
other law for the time being in force, on
Excise Duty
goods brought from Domestic Tariff Area
to a Special Economic Zone or Unit, to
carry on the authorized operations by the
Developer or entrepreneur.
Central Sales Exemption from Central Sales Tax/VAT
Tax/VAT on sale or purchase or goods
Other Incentive
OTHER
CONCESSIONS
   
Companies Act
Enhanced limit of Rs. 2.4
crores p.a. allowed for
Managerial remuneration.
Agreement to opening of
regional office of register of
Companies is Sezs.
Exemption from
requirement of domicile in
India for 12 months prior to
appointment as Director.
Drugs & Cosmetics
Act
Exemption from Port
Restriction Under Drugs &  
Cosmetic Rules
Environment
Protection Act
Information Technology
Sezs do not require
environment clearance for
development of Sezs Public
hearing is not exempted and
process of Environment
impact assessment (EIA) as
laid in the notification of
the ministry of
Environment would have to
adhered to.
Employees Provident
Fund
As per Ministry of labour,
the state government may
apply for exemption to the
Central Government under
section 16(2) of the
Employees Provident Fund
& Miscellaneous Provision
Act 1952 from the
applicability of the
provision of the said Act for
5 years
Who can set up an SEZ
 

An SEZ can be set up

by

   

Central Foreign
Governmen Company
t
State Private &
Governmen Public  
t Company
 
  Jointly by  
any of the
above