Wait...
  1. Home >
  2. Export Import News >
  3. SEZ >
  4. 8 SEZ developers seek cancellation of projects >
  5. 8 SEZ developers seek cancellation of projects

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

8 SEZ developers seek cancellation of projects.


Date: 03-03-2017
Subject: 8 SEZ developers seek cancellation of projects
NEW DELHI: Eight developers, including Bangalore International Airport and Gokaldas Images Infrastructure, have approached the government to surrender their Special Economic Zone (SEZ) projects.

These applications would be considered by the Board of Approval (BoA) headed by Commerce Secretary Rita Teaotia on March 8.

The BoA is a 19-member inter-ministerial body that deals with SEZ-related matters.

The approvals to these SEZ developers were granted by the board during 2009 and 2011.

Since there is no significant progress made by the developer, the concerned development commissioner has proposed for cancellation of formal approval granted to the developer, an official said.

All the eight SEZ projects are in IT/ITeS sector.

Bangalore International Airport and Gokaldas Images Infrastructure had received the approvals for setting up IT/ITeS zones in Karnataka.

Salarpuria Properties, San Engineering and Locomotive Company and Concord India are also among the developers that have sought cancellation of the projects.

SEZs are export hubs which contribute about 16 per cent to the country's total outbound shipments.

The Commerce Ministry is taking steps to revive investors interest in these zones. It has time and again asked the Finance Ministry to extend sops like rollback or reduction in the minimum alternate tax.

Exports from these zones stood at Rs 2.36 lakh crore during April-September 2016. Gujarat, Karnataka, Tamil Nadu, Maharashtra, Telengana and Uttar Pradesh are among the states which contributed the most to exports.

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 25-08-2020



Date: 12-07-2020
Instruction No. 12/2020-Customs
Requirement of AGMARK certification prior to import of Blended edible vegetable oils-reg.

Date: 10-07-2020
Notification No. 30/2020 - Customs
Seeks to amend notification No. 09/2012-Customs dated 09.03.2012, providing for extension of last date of re-import by three months, for those cases where the last date of such re-import falls between 01.2.2020 and 31.7.2020 due to the outbreak of COVID-19 pandemic.

Date: 10-07-2020
Instruction No. 11/2020-Customs
Requirement of Veterinary Certificate for Import of Milk and Milk Products into India-reg

Date: 09-07-2020
Notification No. 18/2020-Customs (ADD)
Seeks to extend anti-dumping duty on import of Phenol originating in or exported from South Africa, imposed vide Notification No. 32/2015-Customs(ADD) dated 10.07.2015, up to and inclusive of 9th January, 2021.

Date: 08-07-2020
Notification No. 17/2020-Customs (ADD)
Seeks to levy definitive anti-dumping duty on imports of ' Steel and Fibre Glass Measuring tapes and their parts and components ',originating in, or exported from, People's Republic of China for a period of five years, in pursuance of final findings of sunset review investigations issued by DGTR

Date: 06-07-2020
Notification No. 29/2020-Customs
Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of Phthalic Anhydride originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017.

Date: 06-07-2020
Circular No.32/2020-Customs
Circular No.32/2020-Customs dt 6th July 2020 on Turant Customs – Turant Suvidha Kendra and Other Initiatives for Contactless Customs - reg.

Date: 02-07-2020
Notification No. 55/2020 - Customs (N.T.)
Exchange Rates Notification No.55/2020-Custom (NT) dated 02.07.2020.

Date: 01-07-2020
Notification No. 58/2020 – Central Tax
Seeks to make eighth amendment (2020) to CGST Rules



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001