Special Economic Zone definition clarifies Units, Developers, export/import scope and key institutional roles in the regime. Section 2 defines core SEZ concepts: a Special Economic Zone (including Free Trade and Warehousing Zones and existing SEZs); Unit (including Offshore ... Summary
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Special Economic Zone definition clarifies Units, Developers, export/import scope and key institutional roles in the regime.
Section 2 defines core SEZ concepts: a Special Economic Zone (including Free Trade and Warehousing Zones and existing SEZs); Unit (including Offshore Banking Units and IFSC Units); entrepreneur, Developer and Co-Developer by letters of approval; institutional actors such as Approval Committee, Board, Development Commissioner and SEZ Authority; and operational terms including appointed day, infrastructure facilities, export and import between India, DTAs and Units/Developers, manufacture, and tradable services. Undefined terms are to be read with specified central statutes and matters may be prescribed by Central Government rules.
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