https://www.taxtmi.com/highlights?id=80857 Decisions taken by the Board of Approval (BoA) for Special Economic Zones (SEZs) in its 119th meeting. Some notable points: - BoA approved conversion of processing areas into non-processing areas for several developers like DLF, Modern Asset, Oxygen Business Park, etc. subject to refund of applicable duties/taxes and submission of undertakings. - For some proposals on conversion to non-processing areas, BoA deferred decisions and requested Department of Revenue (DoR) to provide clarity on principles for determination of duty benefits to be paid. - BoA remanded back some appeals filed by units against orders of Development Commissioners, directing them to provide opportunity of being heard and decide on merits. - BoA approved extension of va..... en-us Thu, 29 Aug 2024 22:57:20 +0530 Thu, 29 Aug 2024 22:57:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80857 Decisions taken by the Board of Approval (BoA) for Special Economic Zones (SEZs) in its 119th meeting. Some notable points: - BoA approved conversion of processing areas into non-processing areas for several developers like DLF, Modern Asset, Oxygen Business Park, etc. subject to refund of applicable duties/taxes and submission of undertakings. - For some proposals on conversion to non-processing areas, BoA deferred decisions and requested Department of Revenue (DoR) to provide clarity on principles for determination of duty benefits to be paid. - BoA remanded back some appeals filed by units against orders of Development Commissioners, directing them to provide opportunity of being heard and decide on merits. - BoA approved extension of va..... Highlights SEZ Thu, 29 Aug 2024 22:57:20 +0530 https://www.taxtmi.com/highlights?id=80857