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The Central Government de-notified an area of 22.9187 hectares...

Government Reduces Gujarat Pharma SEZ by 22.9187 Hectares for Infrastructure Development, Aligning with State Guidelines.

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SEZ December 3, 2024 Notifications
The Central Government de-notified an area of 22.9187 hectares from the existing Special Economic Zone for Pharmaceuticals at Village Matoda, Sari and Chachanvadi Vasna on National Highway-8-A, Taluk Sanand, District Ahmedabad in the State of Gujarat, operated by M/s. Zydus Infrastructure Pvt. Ltd. Consequently, the resultant area of the Special Economic Zone stands reduced to 91.8521 hectares. The de-notified area will be utilized for infrastructure creation to support the Special Economic Zone's objectives, conforming to the State Government's Land Use Guidelines and master plans. The proposal was approved by the State Government of Gujarat and recommended by the Development Commissioner, Kandla Special Economic Zone, fulfilling the requirements under the Special Economic Zones Act, 2005 and Rules.

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Acts Income Tax