Tax Benefits to Special Economic Zone (SEZ)
Tax Benefits to Special Economic Zone (SEZ), Special Economic Zones and Tax Incentives in India, Check all Facilities and Incentives to SEZ India. My this article is about the tax benefits which are available to the Special Economic Zone developers for establishing such a enterprise in such a area.

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Tax Benefits to Special Economic Zone (SEZ), Special Economic Zones and Tax Incentives in India, Check all Facilities and Incentives to SEZ India. My this article is about the tax benefits which are available to the Special Economic Zone developers for establishing such a enterprise in such a area. This tax benefits are available to the SEZ units because of the development of the area and to make such area more enhanced and progressed in comparison to other areas.
The best example for great development in the country by way of SEZ is China. China has successfully implemented the schemes for SEZs and has succeeded very much. The proportion of the SEZ exports in comparison to the total exports is around 30% which is a good figure. Now you can scroll down below and check more details regarding "Tax Benefits to Special Economic Zone (SEZ)"
Persons establishing the SEZ are known as the SEZ Developer, carrying out the exports from the SEZ is known as SEZ unit. The SEZ would be set up by the approval of Ministry of Commerce after suggestion by State Government. The SEZ can be established for any on the three options – manufacturing, trading, or service.
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The deduction would be allowed under section 10AA of he income tax Act, the deduction would be as follows:
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Capital Gains and FDI:
There would be no capital gains in case of transfer of property from one owner to another and 100% FDI is allowed in SEZ units, except of some dangerous weapons for use in defense sector.
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Tax Benefits to Special Economic Zone (SEZ)
What is meant by Special Economic Zones ?
Special Economic Zones are the areas of the country in which there is great need of development and so government has notified such areas a deemed foreign territory and the sales made to that area would be considered as exports and the purchases made from such place will be regarded as imports. The main objective to give relaxation to SEZ is to promote export and the other related things there off. There are many benefits of setting up of SEZ such as creation of employment, development of the backward place and infrastructure, economy will grow, foreign and domestic investment, promotion of goods and services,etc. The locations where SEZ acts are applicable are Gujarat, Madhya Pradesh, Haryana, Punjab, West Bengal and Tamil Nadu. Must Read - Chapter VIA – All Deductions at a GlanceAdministrator Levels in SEZ procedure:
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