FTWZ in Sector Specific SEZ - Amendment in Clarification

By Vijay Kumar

IN SEZ Instruction No. 49 dated March 12, 2010 while clarifying on issues related to FTWZ, at point no. (iv) it was stated that

“there are no limitation on Units set up in FTWZs located in Sector Specific SEZs to carry out Trading and Warehousing Activities in respect of any product”.

Now this point no. (iv) is amended and the new amendment stipulates that

“units in FTWZ in a Sector Specific SEZ can store goods required for development of zone or setting up of units or for manufacturing and export/DTA sale of goods and services or finished products of the units in that particular zone.”

SEZ Instruction No. 71, Dated: November 12, 2010