Special Economic Zone infrastructure and land-use requirements updated, imposing processing area thresholds and IT facility standards. Amendments to the SEZ Rules revise processing area allocations (with central government discretion to relax thresholds), impose minimum built up area requirements for biotechnology/non conventional energy and gems and jewellery SEZs, require standalone FTWZs to earmark a majority of area for processing and allow FTWZs within multi product SEZs, establish IT zone infrastructure standards (uninterrupted power, secure data connectivity, central air conditioning, furnished plug and play facilities), restrict leasing of vacant non processing land to Board approved co developers while permitting lease of completed infrastructure, allow reuse of plant or machinery from the Domestic Tariff Area, and define trading as import for re export.
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.
Special Economic Zone infrastructure and land-use requirements updated, imposing processing area thresholds and IT facility standards.
Amendments to the SEZ Rules revise processing area allocations (with central government discretion to relax thresholds), impose minimum built up area requirements for biotechnology/non conventional energy and gems and jewellery SEZs, require standalone FTWZs to earmark a majority of area for processing and allow FTWZs within multi product SEZs, establish IT zone infrastructure standards (uninterrupted power, secure data connectivity, central air conditioning, furnished plug and play facilities), restrict leasing of vacant non processing land to Board approved co developers while permitting lease of completed infrastructure, allow reuse of plant or machinery from the Domestic Tariff Area, and define trading as import for re export.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.