TaxTMI 
TaxTMI 
Can an existing DTA unit which has over 95% of the business through exports apply for conversion to SEZ
conversion to SEZ
16 Mar 2018 
6 Replies 
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Conversion to SEZ requires achieving positive Net Foreign Exchange within five years, then securing approvals from the SEZ officer.
Conversion of a DTA unit into an SEZ is permitted provided the unit demonstrates positive Net Foreign Exchange within five years (exports exceed imports); the applicant must approach the jurisdictional SEZ officer to complete prescribed formalities and consult the Foreign Trade Procedure guidance on SEZ jurisdiction. (AI Summary)
Conversion of a DTA unit into an SEZ is permitted provided the unit demonstrates positive Net Foreign Exchange within five years (exports exceed imports); the applicant must approach the jurisdictional SEZ officer to complete prescribed formalities and consult the Foreign Trade Procedure guidance on SEZ jurisdiction. (AI Summary)