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    <title>Minutes of the 119th meeting of the Board of Approval for SEZs held on 06th March, 2024 at Vanijya Bhawan, New Delhi</title>
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    <description>The Board approved selective one-year extensions of developer formal approvals, rejected an LoA extension where no construction or investment occurred, authorised partial de-notifications and area decreases, and approved transfers of Formal Approval and Co-Developer status subject to SEZ Act and Rules, DoC lease-period instructions, and Assessing Officer review of taxability. It remanded several appeals for rehearing with directions to afford parties opportunity to be heard. For Rule 11B conversions, the Board approved demarcations where full repayment of duty/GST benefits and No Dues Certificates were furnished, deferred others pending revenue concurrence, and required undertakings to remit any differential duty/tax if later determined.</description>
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    <pubDate>Wed, 06 Mar 2024 00:00:00 +0530</pubDate>
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      <title>Minutes of the 119th meeting of the Board of Approval for SEZs held on 06th March, 2024 at Vanijya Bhawan, New Delhi</title>
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      <description>The Board approved selective one-year extensions of developer formal approvals, rejected an LoA extension where no construction or investment occurred, authorised partial de-notifications and area decreases, and approved transfers of Formal Approval and Co-Developer status subject to SEZ Act and Rules, DoC lease-period instructions, and Assessing Officer review of taxability. It remanded several appeals for rehearing with directions to afford parties opportunity to be heard. For Rule 11B conversions, the Board approved demarcations where full repayment of duty/GST benefits and No Dues Certificates were furnished, deferred others pending revenue concurrence, and required undertakings to remit any differential duty/tax if later determined.</description>
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      <pubDate>Wed, 06 Mar 2024 00:00:00 +0530</pubDate>
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