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SEZ DEVELOPER |
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Sir,
What is the difference between SEZ UNIT & SEZ Devloper & is there is any rules regulation different SEZ & SEZ developer .
pl. guide SACHIN Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
SEZ units are the units set up for the manufacture of goods or rendering of services. SEZ Developer means a person who, or a State Government which, has been granted by the Central Government a letter of approval under sub-section (10) of section 3 and includes an Authority and a Co-Developer The Developer or Co-Developer shall have at least twenty-six percent of the equity in the entity proposing to create business, residential or recreational facilities in a Special Economic Zone in case such development is proposed to be carried out through a separate entity or a special purpose vehicle being a company formed and registered under the Companies Act, 1956 (1 of 1956).
Please refer :
1. THE SPECIAL ECONOMIC ZONES ACT, 2005 2. Special Economic Zones Rules, 2006
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