Author: Himanshu Srivastava & Shyam Radhakrishnan, ASA
Special Economic Zones (SEZs) represent designated duty-free areas governed by the SEZ Policy, offering a conducive environment for business activities by treating these zones as deemed foreign territories, despite their physical location within India. Introduced as a development tool in April 2000, SEZs aim to attract foreign investment and boost exports by providing a competitive environment. This effort was formalized through the Special Economic Zones Act, 2005 and the SEZ Rules, 2006, both designed to streamline export-import processes and promote Foreign Direct Investment (FDI) into the country. The following outlines key incentives and benefits available to businesses operating within a notified SEZ.
Click on the Download link below to access complete article.
Download Pdf
