Special Economic Zones Act, 2005

Chapter: I
PRELIMINARY
Section 1	:	Short title, extent and commencement.
Section 2	:	Definitions
Chapter: II
ESTABLISHMENT OF SPECIAL ECONOMIC ZONE
Section 3	:	Procedure for making proposal to establish Special Economic Zone
Section 4	:	Establishment of Special Economic Zone and approval and authorisation to operate to, Developer.
Section 5	:	Guidelines for notifying special Economic Zone
Section 6	:	Processing and non-processing areas.
Section 7	:	Exemption from taxes, duties or cess
Chapter: III
CONSTITUTION OF BOARD OF APPROVAL
Section 8	:	Constitution of Board of Approval
Section 9	:	Duties, powers and functions of Board
Section 10	:	Suspension of letter of approval and transfer of Special Economic Zone in certain cases
Chapter: IV
DEVELOPMENT COMMISSIONER
Section 11	:	Development Commissioner
Section 12	:	Functions of Development Commissioner
Chapter: V
SINGLE WINDOW CLEARANCE
Section 13	:	Constitution of Approval Committee.
Section 14	:	Powers and functions of Approval Committee.
Section 15	:	Setting up of Unit.
Section 16	:	Cancellation of letter of approval to entrepreneur.
Section 17	:	Setting up and operation of Offshore Banking Unit
Section 18	:	International Financial Services Centre.
Section 19	:	Single application form, return, etc.
Section 20	:	Agency to inspect.
Section 21	:	Single enforcement officer or agency for notified offence.
Section 22	:	Investigation, inspection and search or seizure.
Section 23	:	Designated Courts to try suits and notified offences
Section 24	:	Appeal to High Court
Section 25	:	Offences by companies.
Chapter: VI
Special Fiscal Provisions for Special Economic Zones
Section 26	:	Exemptions, drawbacks and concessions to every Developer and entrepreneur.
Section 27	:	Provisions of Income-tax Act, 1961 to apply with certain modification in relation to Developers and entrepreneurs.
Section 28	:	Duration of goods or services in Special Economic Zones.
Section 29	:	Transfer of ownership and removal of goods.
Section 30	:	Domestic clearance by Units
Chapter: VII
SPECIAL ECONOMIC ZONE AUTHORITY
Section 31	:	Constitution of Authority
Section 32	:	Officers of Authority and other staff
Section 33	:	Special provision for transfer of officers or other employees to Authority.
Section 34	:	Functions of Authority.
Section 35	:	Grants and loans by Central Government.
Section 36	:	Constitution of Fund and its application.
Section 37	:	Accounts and audit.
Section 38	:	Directions by Central Government.
Section 39	:	Returns and reports.
Section 40	:	Power to supersede Authority
Section 41	:	Members, officers and other employees of Authority to be public servants.
Chapter: VIII
MISCELLANEOUS
Section 42	:	Reference of dispute.
Section 43	:	Limitation.
Section 44	:	Applicability of provisions of this Act to existing Special Economic Zones.
Section 45	:	Person to whom a communication may be sent under this Act.
Section 46	:	Identity Card.
Section 47	:	Autorités responsable for administration.
Section 48	:	Protection of action taken in good faith.
Section 49	:	Power to modify provisions of this Act or other enactments in relation to Special Economic Zones.
Section 50	:	Power of State Government to grant exemption.
Section 51	:	Act to have overriding effect.
Section 52	:	Certain provisions not to apply.
Section 53	:	Special Economic Zones to be ports, airports, inland container depots, land stations, etc., in certain cases.-
Section 54	:	Amendment to First Schedule.
Section 55	:	Power to make rules.
Section 56	:	Power to remove difficulties.
Section 57	:	Amendment of certain enactments.
Section 58	:	Savings.
Schedules
Sch 1	:	THE FIRST SCHEDULE - Enactments
Sch 2	:	THE SECOND SCHEDULE - MODIFICATIONS TO THE INCOME-TAX ACT, 1961
Sch 3	:	THE THIRD SCHEDULE - AMENDMENT TO CERTAIN ENACTMENTS