https://www.taxtmi.com/circulars?id=69541 The Board dealt with extension of LoA, co-developer approvals, conversion of processing area into non-processing area, new SEZ approvals, industrial licensing, restricted-item permissions, and appeals under the SEZ framework. It approved co-development and area changes subject to the SEZ Act and Rules, examined taxability of lease-related receipts, and granted formal approval for new SEZs, including an electronics components SEZ and a multi-product semiconductor SEZ with relaxation from the encumbrance-free land condition. On appeals, it upheld cancellation where IEC misuse, misdeclaration, and unauthorized imports were established, while in other cases it reinstated LoA, condoned delay, or upheld withdrawal of sensitive warehousing permissions. en-us Fri, 13 Jun 2025 00:00:00 +0530 Mon, 23 Mar 2026 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69541 The Board dealt with extension of LoA, co-developer approvals, conversion of processing area into non-processing area, new SEZ approvals, industrial licensing, restricted-item permissions, and appeals under the SEZ framework. It approved co-development and area changes subject to the SEZ Act and Rules, examined taxability of lease-related receipts, and granted formal approval for new SEZs, including an electronics components SEZ and a multi-product semiconductor SEZ with relaxation from the encumbrance-free land condition. On appeals, it upheld cancellation where IEC misuse, misdeclaration, and unauthorized imports were established, while in other cases it reinstated LoA, condoned delay, or upheld withdrawal of sensitive warehousing permissions. Circulars SEZ Fri, 13 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69541