https://www.taxtmi.com/circulars?id=11903 The BoA issued approvals, deferrals and conditions for SEZ establishment, co developer recognition, authorized operations, area changes, de notifications, and time extensions. Co developer approvals require separate accounts, prohibit transfer of lease/service charges between co developer and unit, and must include lease deeds detailing financial arrangements; tax treatment of rentals/down payments remains subject to assessment. Approvals for de notification or area change require DC certification of refunding tax/duty benefits and maintenance of contiguity; proposals likely to enable commercial exploitation from non processing areas were deferred for further reports. en-us Fri, 06 Jul 2012 00:00:00 +0530 Wed, 13 Feb 2013 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11903 The BoA issued approvals, deferrals and conditions for SEZ establishment, co developer recognition, authorized operations, area changes, de notifications, and time extensions. Co developer approvals require separate accounts, prohibit transfer of lease/service charges between co developer and unit, and must include lease deeds detailing financial arrangements; tax treatment of rentals/down payments remains subject to assessment. Approvals for de notification or area change require DC certification of refunding tax/duty benefits and maintenance of contiguity; proposals likely to enable commercial exploitation from non processing areas were deferred for further reports. Circulars SEZ Fri, 06 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11903