Letter of Approval validity and extension rules govern commencement and licensing of SEZ unit operations. Establishment of an SEZ unit requires Approval Committee decision on a proposal forwarded by the Development Commissioner within fifteen days. The Letter of Approval is valid one year for commencement; extensions of up to two years, and an additional one year subject to two thirds completion, may be granted by the Development Commissioner. Non commencement within validity lapses the Letter. After commencement, the Letter operates as a five year licence for authorized operations and may be extended for a further five years on request.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Letter of Approval validity and extension rules govern commencement and licensing of SEZ unit operations.
Establishment of an SEZ unit requires Approval Committee decision on a proposal forwarded by the Development Commissioner within fifteen days. The Letter of Approval is valid one year for commencement; extensions of up to two years, and an additional one year subject to two thirds completion, may be granted by the Development Commissioner. Non commencement within validity lapses the Letter. After commencement, the Letter operates as a five year licence for authorized operations and may be extended for a further five years on request.
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