Minutes of the 105th meeting of the Board of Approval for SEZ held on 29th July, 2021 to consider setting up of Special Economic Zones and other miscellaneous proposals
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SEZ approvals: extensions, shareholding changes and restricted procurement ratified with compliance and disclosure conditions. The Board approved extensions of formal approvals and LoAs for multiple SEZ developers and units, authorised changes in names and shareholding subject to continuity of obligations, eligibility, security clearances and tax disclosure to CBDT, ratified procurement of restricted items (notably sand/soil) from DTA subject to actual use within SEZs and environmental compliance, granted co-developer statuses with standard SEZ terms, and made miscellaneous determinations including conditional exemptions for an IFSC unit, rejection of an export proposal for a restricted pharmaceutical, deferral of an industrial licence application and restoration of an LoA on appeal.
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SEZ approvals: extensions, shareholding changes and restricted procurement ratified with compliance and disclosure conditions.
The Board approved extensions of formal approvals and LoAs for multiple SEZ developers and units, authorised changes in names and shareholding subject to continuity of obligations, eligibility, security clearances and tax disclosure to CBDT, ratified procurement of restricted items (notably sand/soil) from DTA subject to actual use within SEZs and environmental compliance, granted co-developer statuses with standard SEZ terms, and made miscellaneous determinations including conditional exemptions for an IFSC unit, rejection of an export proposal for a restricted pharmaceutical, deferral of an industrial licence application and restoration of an LoA on appeal.
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