Special Economic Zones Act amendments remove specified Second Schedule exemptions, altering eligibility and tax treatment under the Act. The amendment to the Second Schedule of the Special Economic Zones Act, 2005 omits clause (C) of paragraph (a) and paragraph (i), and separately omits ... Summary
Special Economic Zones Act amendments remove specified Second Schedule exemptions, altering eligibility and tax treatment under the Act.
The amendment to the Second Schedule of the Special Economic Zones Act, 2005 omits clause (C) of paragraph (a) and paragraph (i), and separately omits paragraph (h), each omission carrying its own commencement date, thereby removing those specified Second Schedule provisions from the SEZ legislative framework.
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