SEZ in a port or airport permits multi sector manufacture and services, allowing units for trading and warehousing. The circular clarifies that a Special Economic Zone in a port or airport is defined to permit manufacture of goods falling in two or more sectors, trading, warehousing and rendering of services; therefore units may be set up for multi sector manufacturing as well as trading, warehousing and services. It also reiterates procedural requirements for SEZ establishment, including proposal submission, state forwarding with compliance to rule 5, and Board approval subject to minimum area and conditions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
SEZ in a port or airport permits multi sector manufacture and services, allowing units for trading and warehousing.
The circular clarifies that a Special Economic Zone in a port or airport is defined to permit manufacture of goods falling in two or more sectors, trading, warehousing and rendering of services; therefore units may be set up for multi sector manufacturing as well as trading, warehousing and services. It also reiterates procedural requirements for SEZ establishment, including proposal submission, state forwarding with compliance to rule 5, and Board approval subject to minimum area and conditions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.