jobwork by sez

[murali narasimhan]

Please clarify whether an unit inside SEZ can import the faulty parts and rectify the parts and Export the same

AI Summary

Can SEZ Units Import, Fix, and Export Faulty Parts? Check SEZ Rules 41-43 and Import Policies to Avoid Penalties. A query was raised regarding whether a unit within a Special Economic Zone (SEZ) can import faulty parts, rectify them, and then export the corrected parts. The responses included references to a letter from the Development Commissioner of SEEPZ, SEZ, and specific SEZ Rules (41, 42, and 43) for guidance. Additionally, it was advised to verify the import policy on faulty parts to ensure they are not restricted or prohibited, as non-compliance could lead to seizure and penalties.