TaxTMI 
TaxTMI 
Special Economic-Zones (Amendment) Rules, 2014
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.... hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely:- 1. (1) These rules may be called the Special Economic-Zones (Amendment) Rules, 2014. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Special Economic Zones Rules, 2006 (hereinafter referred to* as the principal rules), in rule 11, in sub-rule (10....
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....count of dual use permission, interest will have to be paid at the rate of fifteen per cent per annum from the day the said amount becomes payable to the date of actual payment. Utilisation of SEZ land shall be subject to following conditions: (a) the land is to be put to only such use which is as per the regulations of the concerned State Government or local bodies; (b) if any exemption or re....
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.... of the Special Economic Zone. The infrastructure, as may be approved by the Board, for this part of non processing area shall be eligible for exemptions, concessions and drawback. (3) The Department of Commerce has provided the following norms with respect to areas to be earmarked for residential, commercial and other social facilities:- (a) The Developer or Co-developer shall submit an appli....
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....ercial- not more than ten per cent of non-processing area; (iii) Open area and circulation area-not less than forty five per cent of non processing area; (iv) Social and institutional infrastructure including schools, colleges, sociocultural centres, training institutes, banks, post office, etc., in the remaining area. (d) Floor Area Ratio or Floor Space Index shall conform to the norms of t....