Minutes of the 129th meeting of the Board of Approval (BoA) for SEZs held on 6th June, 2025 at New Delhi
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SEZ approval decisions cover co-developer status, area reclassification, new SEZs, industrial licensing, and appeal outcomes across multiple units.
The Board dealt with extension of LoA, co-developer approvals, conversion of processing area into non-processing area, new SEZ approvals, industrial licensing, restricted-item permissions, and appeals under the SEZ framework. It approved co-development and area changes subject to the SEZ Act and Rules, examined taxability of lease-related receipts, and granted formal approval for new SEZs, including an electronics components SEZ and a multi-product semiconductor SEZ with relaxation from the encumbrance-free land condition. On appeals, it upheld cancellation where IEC misuse, misdeclaration, and unauthorized imports were established, while in other cases it reinstated LoA, condoned delay, or upheld withdrawal of sensitive warehousing permissions.