Requests for transfer of units from one SEZ to another SEZ - SEZ - Instruction No. 59

INSTRUCTION NO 59 Dated: June 18, 2010 No.C-4/2/2010-SEZ Government of India Ministry of Commerce and Industry Department of Commerce (SEZ Division) New Delhi Subject: Requests for transfer of units from one SEZ to another SEZ Government has been receiving requests for shifting of units from one SEZ to another SEZ due to various reasons. These requests were considered but could not be acted upon as there are no specific provisions under the SEZ Rules for these shifts and also there are no rules prohibiting the shifts, with the consolidation of SEZs, shifting of units may become more frequent and, accordingly, the entire issue was placed before Board of Approvals for its directions. After due deliberations, it has been decided by the Board that in principle there is no objection for such shifting. However, all proposals for shifting of units from one SEZ to another must be placed before the Board for its consideration. (T Srinidhi) Director