Regularisation of SEZ shortfall requires deposit to cure bona fide failure to meet foreign exchange or value addition obligations. If a Special Economic Zone Unit, in a bona fide default, fails to achieve the minimum specified Net Foreign Exchange or specified value addition, the ... Summary
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Regularisation of SEZ shortfall requires deposit to cure bona fide failure to meet foreign exchange or value addition obligations.
If a Special Economic Zone Unit, in a bona fide default, fails to achieve the minimum specified Net Foreign Exchange or specified value addition, the shortfall may be regularised after the Unit deposits an amount equal to one per cent of the shortfall in Free on Board value.
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