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    <title>Minutes of the 49th meeting of the SEZ Board of Approval held on 28th November 2011 to consider proposals for setting up Special Economic Zones and other miscellaneous proposals</title>
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    <description>The Board recorded multiple formal approvals for SEZs and FTWZs where developers held land and state recommendations existed, while deferring or rejecting proposals lacking timely state concurrence, contiguity, or requisite permissions. Co-developer approvals were conditioned so lease terms do not determine tax treatment and assessing officers retain rights to examine taxability. Extensions of formal and in principle approvals and LoPs were granted, deferred or rejected based on implementation, pending litigation, or state recommendations. De-notifications and area changes were approved subject to contiguity and DC certification of refund of tax/duty benefits.</description>
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