https://www.taxtmi.com/news?id=11140 SEZ units must attain cumulative positive Net Foreign Exchange earnings over five years, with limited categories of sales eligible to count toward this requirement. SEZ fiscal concessions are codified in the SEZ Act, 2005, and monitored by Unit Approval Committees; violations attract penal action under the Foreign Trade (Development and Regulation) Act, 1992. The Government has announced reforms to revive investor interest amid reported growth in SEZ investment, exports and employment and occasional requests for de notification driven by economic and operational challenges. en-us Mon, 06 May 2013 14:06:46 +0530 Mon, 06 May 2013 14:06:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11140 SEZ units must attain cumulative positive Net Foreign Exchange earnings over five years, with limited categories of sales eligible to count toward this requirement. SEZ fiscal concessions are codified in the SEZ Act, 2005, and monitored by Unit Approval Committees; violations attract penal action under the Foreign Trade (Development and Regulation) Act, 1992. The Government has announced reforms to revive investor interest amid reported growth in SEZ investment, exports and employment and occasional requests for de notification driven by economic and operational challenges. News - Mon, 06 May 2013 14:06:46 +0530 https://www.taxtmi.com/news?id=11140