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    <title>Minutes of the 96th meeting of the. Board of Approval for SEZ held on 26th February, 2020 to consider setting up of Special Economic Zones and other miscellaneous proposals</title>
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    <description>Three entities were approved as SEZ co-developers for specified operational scopes, each subject to designated authority approvals and compliance with the SEZ Act. Formal approvals were granted for three sector-specific IT/ITES SEZs conditional on fulfilling the contiguity requirement before issuance of LoAs. Additional measures include approval to expand SEZ area, conditional approval for developer shareholding change requiring continuity of SEZ obligations and tax disclosures, permission for restricted procurements subject to actual use, and directions on unit exit, denotification processing, suspension of duty-free procurement, and compound wall construction at a port-based SEZ.</description>
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    <pubDate>Wed, 26 Feb 2020 00:00:00 +0530</pubDate>
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      <description>Three entities were approved as SEZ co-developers for specified operational scopes, each subject to designated authority approvals and compliance with the SEZ Act. Formal approvals were granted for three sector-specific IT/ITES SEZs conditional on fulfilling the contiguity requirement before issuance of LoAs. Additional measures include approval to expand SEZ area, conditional approval for developer shareholding change requiring continuity of SEZ obligations and tax disclosures, permission for restricted procurements subject to actual use, and directions on unit exit, denotification processing, suspension of duty-free procurement, and compound wall construction at a port-based SEZ.</description>
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