SEZ approvals: board authorises extensions, co developer recognitions, de notifications and conditional import and security directions for units and developers The Board directed adoption of a DGEP/DoC checklist for Rule 11B implementation and required DCs to submit checklist outcomes; it authorised time limited extensions and regularisation of certain LoAs, directed a Show Cause Notice where a unit's investment and business plan were inadequate, approved co developer statuses and built up expansions subject to SEZ Act terms and Assessing Officer tax examination rights, recommended multiple partial and full de notifications, permitted specified processing floors to be converted to Non Processing Areas under Rule 11B, and granted conditional import/export and industrial licence permissions with prescribed security and export compliance conditions.
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SEZ approvals: board authorises extensions, co developer recognitions, de notifications and conditional import and security directions for units and developers
The Board directed adoption of a DGEP/DoC checklist for Rule 11B implementation and required DCs to submit checklist outcomes; it authorised time limited extensions and regularisation of certain LoAs, directed a Show Cause Notice where a unit's investment and business plan were inadequate, approved co developer statuses and built up expansions subject to SEZ Act terms and Assessing Officer tax examination rights, recommended multiple partial and full de notifications, permitted specified processing floors to be converted to Non Processing Areas under Rule 11B, and granted conditional import/export and industrial licence permissions with prescribed security and export compliance conditions.
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