Transfer of Assets by Special Economic Zone Units upon their Exit

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Full Text of the Document

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....e units subject to the following conditions:- (i) the Unit has held a valid Letter of Approval as well as lease of land 2[or Standard Design Factory] for not less than a period of five years on the date of transfer; (ii) the unit has been operational for a minimum period of two years after the commencement of production as on the date of transfer ; (iii) such sale or transfer transactions sh....