Non-processing area demarcation in IT/ITES SEZs permitted after developer repayment of tax benefits proportionate to area. Rule 11B permits the Board of Approval to demarcate whole-floor non-processing areas within IT/ITES SEZs on developer request, conditional upon developer repayment, without interest, of tax benefits attributable to the non-processing area and any tax benefits for shared infrastructure, with repayment certified by a Chartered Engineer; demarcation is barred if processing area would fall below fifty percent or below prescribed minimums, and non-processing businesses shall not draw SEZ unit rights or tax benefits and remain subject to Central Acts applicable to domestic tariff area entities.
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.
Non-processing area demarcation in IT/ITES SEZs permitted after developer repayment of tax benefits proportionate to area.
Rule 11B permits the Board of Approval to demarcate whole-floor non-processing areas within IT/ITES SEZs on developer request, conditional upon developer repayment, without interest, of tax benefits attributable to the non-processing area and any tax benefits for shared infrastructure, with repayment certified by a Chartered Engineer; demarcation is barred if processing area would fall below fifty percent or below prescribed minimums, and non-processing businesses shall not draw SEZ unit rights or tax benefits and remain subject to Central Acts applicable to domestic tariff area entities.
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