TIOL-DDT 1402 · Thursday, 15 July 2010 · story 1 of 4

Built Up area - SEZ Rules Amended

THE Government has amended the SEZ Rules by inserting a new proviso in sub-rule 2(b) of Rule 5 to stipulate that 'in respect of special Economic Zones located in B1 category cities as per classification indicated in Annexure-IV, the minimum built up area shall be 50% of the area specified and in respect of Special Economic Zones located in B2 category cities as indicated in Annexure IV, the minimum built up area shall be 25% of the area specified'

A new Annexure IV is inserted to specify the Classification of cities.

Department of Commerce Notification Dated : July 12, 2010