Any person, who intends to set up a Special Economic Zone, may after identifying the area make a proposal in Form A to either State Government concerned or Board of Approval.
15 copies of application, indicating name and address of the applicant, status of the promoter along with a project report covering the following particulars may be submitted to the Chief Secretary of the State:
The State Government shall, forward it along with their commitment to the following to the Department of Commerce, Government of India:
The proposal incorporating the commitments of the State Government will be considered by an Inter-Ministerial Committee in the Department of Commerce. On acceptance of the proposal, a letter of permission will be issued to the applicant.
The incentives and facilities offered to the units in SEZs for attracting investments into the SEZs, including foreign investment include:
Exemption from State sales tax and other levies as extended by the respective State Governments.
Supplies from Domestic Tariff Area (DTA) to SEZ to be treated as physical export. DTA supplier would be entitled to:
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