TaxTMI 
TaxTMI 
Special Economic Zones (Fifth Amendment) Rules, 2023 - Insert Rule 11B in Special Economic Zones Rules, 2006
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....he Special Economic Zones Act, 2005 (28 of 2005), the Central Government 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 (Fifth Amendment) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette. 2. After rule 11A of the Special Econo....
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....g up and operation of businesses engaged in Information Technology or Information Technology Enabled services, and at such terms and conditions as may be specified by the Board of Approval under sub-rule (1), (3) A Non-processing area shall consist of complete floor and part of a floor shall not be demarcated as a non-processing area. (4) There shall be appropriate access control....
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....f the non-processing area to the total built up area of the processing area of the Information Technology or Information Technology Enabled Services Special Economic Zone, as specified by the Central Government. (ii) tax benefits already availed for creation of social or commercial infrastructure and other facilities if proposed to be used by both the Information Technology or Information....
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.... (8) The businesses engaged in Information Technology or Information Technology Enabled Services Special Economic Zone in a non-processing area shall not avail any rights or facilities available to Special Economic Zone Units. (9) No tax benefits shall be available on operation and maintenance of common infrastructure and facilities of such an Information Technology or Info....