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    <title>Minutes of the 46th meeting of the SEZ Board of Approval held on 31st May 2011 to consider proposals for setting up of Special Economic Zones</title>
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    <description>The Board resolved on SEZ approvals, denotifications, authorized operations, co developer requests and extensions, imposing conditions including DC certification of refund of tax/duty benefits before denotification, Assessing Officer scrutiny of co developer receipts under the Income Tax Act, and deferred several proposals pending DC comments or multi agency committee review. Authorized operations approvals were subject to EGoM development guidelines and DC certification of operational necessity. Co developer cases prompted constitution of a committee (JS(SEZ) with CBDT and CBEC) to devise ring fencing to prevent shifting of capital goods or double dipping. Extensions of formal approvals, LoPs and in principle approvals were routinely granted or rejected based on implementation progress.</description>
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    <pubDate>Tue, 31 May 2011 00:00:00 +0530</pubDate>
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      <title>Minutes of the 46th meeting of the SEZ Board of Approval held on 31st May 2011 to consider proposals for setting up of Special Economic Zones</title>
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      <description>The Board resolved on SEZ approvals, denotifications, authorized operations, co developer requests and extensions, imposing conditions including DC certification of refund of tax/duty benefits before denotification, Assessing Officer scrutiny of co developer receipts under the Income Tax Act, and deferred several proposals pending DC comments or multi agency committee review. Authorized operations approvals were subject to EGoM development guidelines and DC certification of operational necessity. Co developer cases prompted constitution of a committee (JS(SEZ) with CBDT and CBEC) to devise ring fencing to prevent shifting of capital goods or double dipping. Extensions of formal approvals, LoPs and in principle approvals were routinely granted or rejected based on implementation progress.</description>
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