https://www.taxtmi.com/circulars?id=11911 The Board of Approval processed SEZ proposals by granting, deferring or rejecting formal approvals and ancillary requests with specific operational conditions: State recommendations and DC certificates were required for consideration; co-developer approvals mandated lease/co-developer documentation review and did not alter tax treatment of lease rentals or premiums; authorized operations were approved subject to development guidelines and DC monitoring; imports of restricted items were permitted only if sourced from outside India, used exclusively for export production, with no DTA procurement or sales and DC safeguards to prevent leakage; contiguity relaxations and land de-notifications were conditioned on physical measures, non-precedential treatment and refund of tax/duty benefits. en-us Fri, 25 Mar 2011 00:00:00 +0530 Thu, 01 Nov 2012 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11911 The Board of Approval processed SEZ proposals by granting, deferring or rejecting formal approvals and ancillary requests with specific operational conditions: State recommendations and DC certificates were required for consideration; co-developer approvals mandated lease/co-developer documentation review and did not alter tax treatment of lease rentals or premiums; authorized operations were approved subject to development guidelines and DC monitoring; imports of restricted items were permitted only if sourced from outside India, used exclusively for export production, with no DTA procurement or sales and DC safeguards to prevent leakage; contiguity relaxations and land de-notifications were conditioned on physical measures, non-precedential treatment and refund of tax/duty benefits. Circulars SEZ Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11911