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The Policy for Special Economic Zones – 2015 aims to create an internationally competitive business environment for an SEZ and stimulate more efficient use of local resources.
IT/ITES, Bio Technology, Electronic System Design and Manufacturing, Automobile and Auto-component manufacturing, Heavy and Light Engineering goods, Leather, Handlooms and Handicrafts including coir, Textiles including garments and apparels, Agro and Food Processing Industries including Marine Products, Ship building and repairing, Gems and Jewellery, Downstream and Ancillary Industries based on primary metal, Petroleum, Chemical and Petrochemical and their downstream Industries, Pharmaceuticals and Tourism.
All the concessions and exemptions stated below are applicable for the Developer and Co-Developer as well as the contractors and sub-contractors appointed by the Developer and Co-Developers.
|Stamp Duty Exemption||100% exemption on fees payable on transfer of land and/or built up space, loan agreements, credit deeds and mortgage executed.|
|VAT exemption||100% exemption from VAT payable on sales and transactions.|
|Entry Tax exemption||100% exemption from the payment of Entry Tax on sales and transactions.|
|Electricity Duty||100% exemption from the payment of Electricity duty on sales and transactions.|