SEZs - New Consolidated List of Authorized Operations for Developer/approved Co-Developer
THE Commerce Ministry has further expanded the list of authorized operations and notified a consolidated list of authorized operations which can be undertaken by a Developer/approved Co-Developer by default from the date of notification of the SEZ.
The DC's/UAC's may allow Developer/approved Co-developers duty free goods and services for these default authorized operations from the date of notification of the SEZ. These authorized operations will, however, continue to be subject to the various guidelines issued by Government from time to time.
Approval Committees while approving goods and services for such default operation may look into the actual requirement of the SEZs for such operations. For other authorized activities, not contained in the notified consolidated list, Developer/co-developer will have to obtain prior approval of Board of Approval through the concerned DC.
SEZ Instruction No. 50, Dated: March 15, 2010