SECTIONS | Special Economic Zones Act, 2005 |
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| Preamble |
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| CHAPTER I : PRELIMINARY |
1. | Short title, extent and commencement |
2. | Definitions |
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| CHAPTER II: ESTABLISHMENT OF SPECIAL ECONOMIC ZONE |
3. | Procedure for making proposal to establish Special Economic Zone |
4. | Establishment of Special Economic Zone and approval and authorisation to operate it to Developer |
5. | Guidelines for notifying Special Economic Zone |
6. | Processing and non-processing areas |
7. | Exemption from taxes, duties or cess |
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| CHAPTER III: CONSTITUTION OF BOARD OF APPROVAL |
8. | Constitution of Board of Approval |
9. | Duties, powers and functions of Board |
10. | Suspension of letter of approval and transfer of Special Economic Zone in certain cases |
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| CHAPTER IV: DEVELOPMENT COMMISSIONER |
11. | Development Commissioner |
12. | Functions of Development Commissioner |
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| CHAPTER V: SINGLE WINDOW CLEARANCE |
13. | Constitution of Approval Committee |
14. | Powers and functions of Approval Committee |
15. | Setting up of Unit |
16. | Cancellation of letter of approval to entrepreneur |
17. | Setting up and operation of Offshore Banking Unit |
18. | Setting up of International Financial Services Centre |
19. | Single application form, return, etc |
20. | Agency to inspect |
21. | Single enforcement officer or agency for notified offences |
22. | Investigation, inspection, search or seizure |
23. | Designated Courts to try suits and notified offences |
24. | Appeal to High Court |
25. | Offences by companies |
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| CHAPTER VI: SPECIAL FISCAL PROVISIONS FOR SPECIAL ECONOMIC ZONES |
26. | Exemptions, drawbacks and concessions every Developer and entrepreneur |
27. | Provisions of Income-tax Act, 1961 to apply with certain modification in relation to Developers and entrepreneurs |
28. | Duration of goods or services in Special Economic Zones |
29. | Transfer of ownership and removal of goods |
30. | Domestic clearance by Units |
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| CHAPTER VII: SPECIAL ECONOMIC ZONE AUTHORITY |
31. | Constitution of Authority |
32. | Officers of Authority and other staff |
33. | Special provision for transfer of officers or other employees to Authority |
34. | Functions of Authority |
35. | Grants and loans by Central Government |
36. | Constitution of Fund and its application |
37. | Accounts and audit |
38. | Directions by Central Government |
39. | Returns and reports |
40. | Power to supersede Authority |
41. | Members, officers and other employees of Authority to be public servants |
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| CHAPTER VIII: MISCELLANEOUS |
42. | Reference of dispute |
43. | Limitation |
44. | Applicability of provisions of this Act to existing Special Economic Zones |
45. | Person to whom a communication may be sent under this Act |
46. | Identity card |
47. | Authorities responsible for administration |
48. | Protection of action taken in good faith |
49. | Power to modify provisions of this Act or other enactments in relation to Special Economic Zones |
50. | Power of State Government to grant exemption |
51. | Act to have overriding effect |
52. | Certain provisions not to apply |
53. | Special Economic Zones to be ports, airports, inland container depots, land stations, etc., in certain cases |
54. | Amendment to First Schedule |
55. | Power to make rules |
56. | Power to remove difficulties |
57. | Amendment of certain enactments |
58. | Savings |
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| Schedule |