TaxTMI 
TaxTMI 
Conversion of EPZ into SEZ
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....onversion of EPZ into SEZ <br>News and Press Release<br>Dated:- 13-3-2015<br><BR>Eight Export Processing Zones (EPZs) were converted into Special Economic Zones (SEZs) with the enactment of SEZ Act 20....
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....05 and Rules framed thereunder. However, no EPZ has since been converted into SEZ. The contribution of SEZ exports, employment generated and investment made in respect of these 8 SEZs during the last....
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.... three years is as under: Financial Year Exports (Rs. Crore) *Employment (Persons) *Investment (Rs. Crore) 2011-2012 98381.57 221246 11824.87 2012-2013 119322.87 230737 12266.88 2013-2014....
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.... 72628 241355 13345.27 * Calculated on cumulative basis. The performance of the Units are regularly monitored by the Development Commissioners of SEZs as per the provisions of SEZ Act, 2005 and R....
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....ules framed thereunder to ensure that exports are made in accordance with SEZ laws. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt....
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..... Nirmala Sitharaman in a written reply in Lok Sabha today.<BR> News - Press release - PIB....