Downloaded 13 times
VM
Uploaded byvidyavardhaka law college, mysuru
PPTX, PDF1,534 views
Special economic zone
This document outlines the Special Economic Zone Act of 2005 in India. Some key points: 1. Special Economic Zones (SEZs) are geographical regions with more liberal economic laws than the country to promote development and attract investment. 2. The Act provides procedures for establishing SEZs, including submitting proposals to State and Central governments for approval. It also defines developers and coordinators of SEZs. 3. The Act exempts goods and services exported from or imported into SEZs from various taxes and duties to encourage business activity. It demarcates processing areas within SEZs for manufacturing and services.
Law◦
