Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Export Processing Zones Boost Export Production with Duty-Free Benefits and Tax Exemptions, Enhancing Employment Opportunities Since 1965.</h1> The Export Processing Zone (EPZ) scheme is designed to enhance export production by providing a duty-free environment within zones separated from the Domestic Tariff Area. Established to boost foreign exchange earnings, develop export-oriented industries, and generate employment, the first EPZ was set up in Kandla in 1965, followed by others in Mumbai, NOIDA, FALTA, Cochin, Chennai, Vishakapatnam, and Surat. These zones offer infrastructural facilities and fiscal incentives, including Customs, Excise, and Income Tax exemptions. Development Commissioners oversee operations, ensuring compliance with import/export policies. Various notifications allow duty-free import/procurement of goods necessary for production in these zones.