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TMI Blog378 SEZs are presently notified, out of which 265 are operationalX X X X Extracts X X X X X X X X Extracts X X X X ..... 378 SEZs are presently notified, out of which 265 are operational - News and Press Release Dated:- 10-3-2021 - News - The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005 , was passed by Parliament in May, 2005 which received Presidential assent on the 23 rd of June, 2005. The SEZ Rules, 2006 came into effect on 10 th February, 2006. The salient features of the SEZ scheme are:- A designated duty free enclave to be treated as a territory outside the customs territory of India for the purpose of authorised operations in the SEZ; No licence required for import; Manufacturing or service activities allowed; The Unit shall achieve Positive Net Foreign Exchange to be calcu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lated cumulatively for a period of five years from the commencement of production; Domestic sales subject to full customs duty and import policy in force; SEZ units will have freedom for subcontracting; No routine examination by customs authorities of export/import cargo; SEZ Developers /Co-Developers and Units enjoy tax benefits as prescribed in the SEZs Act, 2005 . The notification of Special Economic Zones (SEZs) in the country is guided by the following:- generation of additional economic activity promotion of exports of goods and services; promotion of investment from domestic and foreign sources; creation of employment opportunities; development of infrastructure facilities There were 7 Central ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs prior to the enactment of the SEZs Act, 2005 . In addition, 425 proposals for setting up of SEZs in the country have been accorded formal approval under the SEZ Act, 2005 . Presently, 378 SEZs are notified, out of which 265 are operational. States/Union Territories-wise details of SEZs is at Annexure-I. Eight Special Economic Zones (SEZs) have been approved for the Agro and Food Processing sector in India. Of these 8 SEZs, 7 have been notified and 4 are operational. A statement showing details of Agro and Food Processing SEZs in India is at Annexure-II. The exports from these SEZs during the last five years and current year 2020-21 (i.e. up to 31 st Decemb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er, 2020) is as under: Years Exports (Value in Rs. Crores) 2015-16 2365 2016-17 4061 2017-18 4117 2018-19 4405 2019-20 5219 2020-21 (up to 31.12.2020) 5456 Annexure-I States/Union Territories-wise distribution of approved SEZs States/UTs Central Government SEZs set up prior to the enactment of SEZs Act, 2005 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... State Government/ Private Sector SEZs set up prior to the enactment of SEZs Act, 2005 Formal Approvals granted under the SEZs Act, 2005 Notified SEZs under the SEZ Act, 2005 Total Operational SEZs (Including prior to SEZs Act + under the SEZs Act, 2005) Andhra Pradesh 1 0 32 27 24 Chandigarh 0 0 2 2 2 Chhattisgarh 0 0 2 1 1 Delhi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 0 2 0 0 Goa 0 0 7 3 0 Gujarat 1 2 26 22 21 Haryana 0 0 25 22 7 Jharkhand 0 0 2 2 0 Karnataka 0 0 63 52 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 Kerala 1 0 29 25 20 Madhya Pradesh 0 1 12 7 5 Maharashtra 1 0 51 45 37 Manipur 0 0 1 1 0 Nagaland 0 0 2 2 0 Odisha 0 0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 5 5 Puducherry 0 0 1 0 0 Punjab 0 0 5 3 3 Rajasthan 0 2 5 4 3 Sikkim 0 0 0 0 0 Tamil Nadu 1 4 56 53 48 Telangana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 0 63 56 34 Tripura 0 0 1 1 0 Uttar Pradesh 1 1 24 21 14 West Bengal 1 2 7 5 7 GRAND TOTAL 7 12 425 359 265 Annexure-II List of Agro and Food Processing SEZs i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n India Sl. No. Name of the developer Location SEZ status 1 Kerala Industrial Infrastructure Development Corporation (KINFRA) Malappuram District, Kerala Notified and Operational 2 Parry Infrastructure Company Private Limited Kakinada, Andhra Pradesh Notified and Operational 3 CCCL Pearl City Food Port SEZ Ltd. Tuticorin District, Tamil Nadu Notified and Operational ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 CCL Products (India) Limited Chittoor District, Andhra Pradesh Notified and Operational 5 Nagaland Industrial Development Corporation Limited Dimapur, Nagaland Notified 6 AnsalColours Engineering SEZ Limited Sonepat, Haryana Notified 7 Tripura Industrial Development Corporation Limited PaschimJalefa, Sabroom, South Tripura District, Tripura Notified 8 Akshaypa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tra Infrastructure Pvt. Ltd. Mehsana, Gujarat Formal Approval This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Hardeep Singh Puri, in a written reply in the Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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