Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
The Central Government rescinded Notification S.O. 966(E) dated 13 June 2007 which had originally designated 141.65 hectares at Thumkunta and Gollapuram Villages, Hindupur Mandal, Anantapur District, Andhra Pradesh as a Special Economic Zone for Apparel sector under the SEZ Act 2005. The developer had requested de-notification of the entire SEZ area. The Andhra Pradesh State Government provided a No Objection Certificate and confirmed the land would conform to state land use guidelines post de-notification. The Development Commissioner recommended approval for complete de-notification. The rescission was effected under the first proviso to Rule 8 of SEZ Rules 2006, with savings for acts done prior to rescission.
The Central Government rescinded Notification S.O. 966(E) dated 13 June 2007 which had originally designated 141.65 hectares at Thumkunta and Gollapuram Villages, Hindupur Mandal, Anantapur District, Andhra Pradesh as a Special Economic Zone for Apparel sector under the SEZ Act 2005. The developer had requested de-notification of the entire SEZ area. The Andhra Pradesh State Government provided a No Objection Certificate and confirmed the land would conform to state land use guidelines post de-notification. The Development Commissioner recommended approval for complete de-notification. The rescission was effected under the first proviso to Rule 8 of SEZ Rules 2006, with savings for acts done prior to rescission.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
