Clarification on various Policy and operational issues relating to IT SEZs.

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....bject: Clarification on various Policy and operational issues relating to IT SEZs. Sir/Madam, Please find enclosed a copy of clarifications/decisions taken in a meeting chaired by AS(DKM) about various policy and operational issues concerning IT SEZs, for compliance. F.No.12/4/2010-SEZ (R K Pandey) Under Secretary to the Govt. of India Minutes of the meeting held on 2.11.201....

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....d while the Development Commissioners will be intimated about the transfer of goods/businesses, the final decision regarding the IT exemption will lie with the Income Tax Department. The ratio 80:20 of new:used capital goods shall be reckoned on the date the unit starts to produce goods or services. (ii) There is no limitation on the transfer of manpower to the SEZ units. (iii) In respect of....

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....t from one SEZ to another- Instructions in this regard have already been issued vide letter No. C-4/2/2010-SEZ dated 18.6.2010 (Instruction No. 59) which provides that there is no objection in-principle to the shifting the unit from one SEZ to another. However, all such proposals are required to be placed before the Board of Approval for its consideration. 4. Broad banding of IT/ITES SEZs to....