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        Customs, DGFT & SEZ

        Extension of Time to Sez Developers

        December 18, 2013

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        In addition to Seven Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005, formal approval has been accorded to 574 proposals out of which 391 SEZs presently stand notified. A total of 175 SEZs have commenced export. A list showing State-wise distribution of formally approved, notified and operational SEZs is at Annexure-I.

        Some SEZ developers have sought extension of validity period of the letter of approval granted to them for the execution of their projects stating reasons including adverse business climate due to global recession, delay in approvals from statutory/State Government bodies, delay in environmental clearance, lack of demand for space in SEZs, changed fiscal incentive regime for SEZs etc. After deliberations and taking into account the facts and circumstances of each case, the Board of Approval for SEZs has granted approval for extension of validity of approval in the case of several developers for the execution of their projects. The State wise position of extension of validity of approvals granted for developers from 1.4.2012 till 30.11.2013 is given as per Annexure-II.

           Annexure-I  

        State-wise distribution of SEZs

             (As on 05.12.2013)

        State

        Formal Approvals

        Notified SEZs

        Operational (Exporting) SEZs

        Andhra Pradesh

        109

        78

        40

        Chandigarh

        2

        2

        2

        Chhattisgarh

        2

        1

        1

        Delhi

        3

        0

        0

        Dadra & Nagar Haveli

        2

        1

        0

        Goa

        7

        3

        0

        Gujarat

        43

        30

        18

        Haryana

        45

        34

        5

        Jharkhand

        1

        1

        0

        Karnataka

        61

        40

        22

        Kerala

        29

        24

        8

        Madhya Pradesh

        19

        9

        2

        Maharashtra

        101

        65

        20

        Manipur

        1

        0

        0

        Nagaland

        2

        2

        0

        Odisha

        10

        5

        1

        Puducherry

        1

        0

        0

        Punjab

        8

        2

        2

        Rajasthan

        10

        10

        5

        Tamil Nadu

        67

        53

        34

        Uttar Pradesh

        31

        21

        9

        Uttarakhand

        2

        1

        0

        West Bengal

        18

        9

        6

        GRAND TOTAL

        574

        391

        175

        Annexure-II

        State-wise details of number of SEZ Developers granted extension of validity of their Approvals for setting up SEZ  (w.e.f. 1.4.2012 to 30.11.2013) 

        Sl. No.

        State

        No. of SEZ Developers granted  extension of Approvals

        1.       

        Andhra Pradesh

        13

        2.       

        Gujarat

        10

        3.       

        Haryana

        9

        4.       

        Jharkhand

        1

        5.       

        Karnataka

        12

        6.       

        Kerala

        15

        7.       

        Madhya Pradesh

        2

        8.       

        Maharashtra

        18

        9.       

        Nagaland

        3

        10.   

        Odisha

        5

        11.   

        Tamil Nadu

        16

        12.   

        Uttar Pradesh

        6

        13.   

        West Bengal

        5

         

        GRAND TOTAL

        115

         The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. E.M. Sudarsana Natchiappan in Rajya Sabha today.

        Extension of validity for SEZ approvals granted to address project delays and adverse business conditions. The Board of Approval for SEZs granted discretionary extension of validity of Letters of Approval to SEZ developers after case-by-case consideration of delays attributed to adverse business climate, statutory and state approval delays, environmental clearance delays, weak demand for space, and changes in fiscal incentives. The release records 574 formal approvals, 391 notified SEZs and 175 operational SEZs, and states that 115 developers were granted extensions between 1.4.2012 and 30.11.2013.
                          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.

                                Extension of validity for SEZ approvals granted to address project delays and adverse business conditions.

                                The Board of Approval for SEZs granted discretionary extension of validity of Letters of Approval to SEZ developers after case-by-case consideration of delays attributed to adverse business climate, statutory and state approval delays, environmental clearance delays, weak demand for space, and changes in fiscal incentives. The release records 574 formal approvals, 391 notified SEZs and 175 operational SEZs, and states that 115 developers were granted extensions between 1.4.2012 and 30.11.2013.





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