Page 3 - Sez

WTO backs US in trade dispute, says India's export subsidies illegal

The US has also cornered India at the multilateral platform, stating WTO rules prohibit middle-income nations from providing market distorting export subsidies at all

Ordinance to clear SEZ status under GST coming next week

An amendment will be made in the SEZ Act, 2005, to bring it in line with the GST architecture

SC notice to Centre, states on plea seeking return of unused land for SEZ

The PIL filed by SEZ Farmers Protection, Welfare Associations, an NGO, has also sought a CBI probe

Developers of new SEZs need security clearance from MHA

Proposals for new SEZs sent to Dept of Commerce must carry development commissioner's note on need for national security clearance

No proposal to expand range of tax concessions for SEZs: Government

SEZ is a designated duty free enclave and developers of such facilities would get direct as well as indirect tax concessions

Govt allows cancellation of 4 SEZ projects

SEZs are exports hubs, which contribute about 16 per cent to the country's total outbound shipments, Commerce Ministry is taking steps to revive investors interest

Centre to bring legislative changes in SEZ, FTA acts

There is expectations that the GST would boost GDP by 1-1.5% per annum

ACB to expedite probe in SEZ scam, submit report in 30 days: Goa CM

38,000 lakh square metres of land was allegedly given to SEZ promoters, making the entire scam worth Rs 40,000 crore

SEZ proposals do not fit in with government policy: Bratya Basu

He said that the state IT policy had been framed keeping all the companies in mind and not for an individual one

SEZ review not to hurt industry: Nirmala Sitharaman

The minister said that the Centre has no role in allotting land for special economic zone.

Govt to consider two new SEZ proposals on April 28

Infosys has proposed to set up an IT/ITeS zone in Bengaluru over an area of over four hectares

'Use SEZs better to push exports'

In a presentation to the Board of Trade, the commerce ministry called for improving use of SEZ capacity by permitting units to do job work for domestic tariff area units and allowing them to sell in the domestic market at duty rates agreed in free trade agreements. Of the 327 SEZs that had received all clearances by November 2015, only 204 are operational. Exports from SEZs declined to Rs 4.63 lakh crore in 2014-15 from Rs 4.94 lakh crore a year ago. The ministry wants tax incentives for SEZs to stay. In the Budget, Finance Minister Arun Jaitley said income tax benefits for new SEZ units would be available to those that commenced activity before March 31, 2020.