https://www.taxtmi.com/manuals?id=1506 The SEZ regime deems designated zones outside India's Customs territory to facilitate export oriented activity through duty free procurement, simplified approvals and specified incentives. The BOA and Development Commissioner chaired Unit Approval Committees govern establishment and unit approvals; Letters of Approval set commencement, extension and monitoring requirements. Units must meet positive Net Foreign Exchange targets over five years and follow prescribed procedures for import/procurement, movement (ARE 1/Bill of Export), DTA sales, temporary removals, subcontracting and destruction, with non compliance attracting penal action and duties on exit. en-us Thu, 07 Jul 2016 18:22:00 +0530 Mon, 25 Sep 2017 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1506 The SEZ regime deems designated zones outside India's Customs territory to facilitate export oriented activity through duty free procurement, simplified approvals and specified incentives. The BOA and Development Commissioner chaired Unit Approval Committees govern establishment and unit approvals; Letters of Approval set commencement, extension and monitoring requirements. Units must meet positive Net Foreign Exchange targets over five years and follow prescribed procedures for import/procurement, movement (ARE 1/Bill of Export), DTA sales, temporary removals, subcontracting and destruction, with non compliance attracting penal action and duties on exit. Manuals Customs Thu, 07 Jul 2016 18:22:00 +0530 https://www.taxtmi.com/manuals?id=1506