https://www.taxtmi.com/news?id=1219 SEZs receive duty free import and domestic procurement for development and operations; phased income tax exemptions on export income under Section 10AA, exemption from minimum alternate tax, and permitted external commercial borrowings. Developers obtain customs/excise exemptions for authorized development, a time bound income tax exemption under Section 80 IAB, exemption from minimum alternate tax, and exemption from dividend distribution tax. Service tax treatment distinguishes services rendered wholly within SEZs (exempt), services provided outside but used by SEZs (refundable), supplies to domestic tariff area units (taxable), and exported services (not chargeable). en-us Tue, 10 Aug 2010 21:53:16 +0530 Tue, 10 Aug 2010 21:53:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1219 SEZs receive duty free import and domestic procurement for development and operations; phased income tax exemptions on export income under Section 10AA, exemption from minimum alternate tax, and permitted external commercial borrowings. Developers obtain customs/excise exemptions for authorized development, a time bound income tax exemption under Section 80 IAB, exemption from minimum alternate tax, and exemption from dividend distribution tax. Service tax treatment distinguishes services rendered wholly within SEZs (exempt), services provided outside but used by SEZs (refundable), supplies to domestic tariff area units (taxable), and exported services (not chargeable). News - Tue, 10 Aug 2010 21:53:16 +0530 https://www.taxtmi.com/news?id=1219