https://www.taxtmi.com/circulars?id=5579 Operationalisation of Chapter XA implements amended Special Economic Zone Rules and Regulations effective 11 5 2004, liberalising procedures: depreciation for capital goods and computers is by straight line method (full quarter convention, up to 100%); SEZ units may transfer all goods (including raw materials) to EOU/EHTP/STP/SEZ with safeguards against indirect benefit of drawback or DEPB; repayment of export benefits on destruction is not required where payment was received in foreign exchange; procedural changes include endorsed returns to Development Commissioner, bonds with Deputy/Assistant Commissioners, jurisdictional monitoring through Unit Approval Committee, and developer approvals based on Chartered Engineer assessments. en-us Wed, 12 May 2004 00:00:00 +0530 Wed, 25 Feb 2009 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5579 Operationalisation of Chapter XA implements amended Special Economic Zone Rules and Regulations effective 11 5 2004, liberalising procedures: depreciation for capital goods and computers is by straight line method (full quarter convention, up to 100%); SEZ units may transfer all goods (including raw materials) to EOU/EHTP/STP/SEZ with safeguards against indirect benefit of drawback or DEPB; repayment of export benefits on destruction is not required where payment was received in foreign exchange; procedural changes include endorsed returns to Development Commissioner, bonds with Deputy/Assistant Commissioners, jurisdictional monitoring through Unit Approval Committee, and developer approvals based on Chartered Engineer assessments. Circulars Customs Wed, 12 May 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5579