Seeking to improve ease of doing business in SEZs, the Commerce Ministry has permitted units in these zones to send goods for purposes such as repair and maintenance to outside market or abroad on a selfattestation basis. ´With a view to promote the ease of doing business further, it is advised that SEZ units are now allowed to remove goods for repair, replacement, testing, calibration, quality testing and research and development purposes also on self attestation basis under intimation to the specified officer and on giving an undertaking to the authorized officer for return of such goods,´ the Ministry said. Earlier units in the special economic zones would have to take an undertaking from a recognized laboratory or institution to send the goods for purposes such as repair and maintenance. The move is part of steps the ministry is taking to revive investors´ confidence in SEZs. In a bid to promote exports from Special Economic Zones, the Government has extended all the incentives to such units that are available to exporters outside such enclaves.
FlashNews:
India’s Aerotropolis Plans Get Further Boost with Hisar Airport
REC Limited Signs MoU with MMRDA for ₹1 Lakh Crore Investment in Mumbai Metropolitan Region (MMR)
NBCC CMD K.P. Mahadevaswamy Assumes Chairmanship of SCOPE
Hindalco to be a force for good with engineered solutions transformation: Kumarmangalam Birla
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
Home » Steps for ease of doing business in SEZs
Steps for ease of doing business in SEZs
Ports & Shipping
May 1, 2015May 1, 2015

Leave a Reply
You must be logged in to post a comment.