Minimum Alternative Tax And Dividend Distribution Tax On Special Economic Zone

Background Karnataka High Court (High Court) in the case of M/s Mindtree (Tax Payer) v. Union of India[1] held that the imposition of Minimum Alternate Tax and Dividend Distribution Tax on SEZs is neither a breach of promise nor a violation of the doctrine of legitimate expectation and also held that tax levies on SEZs is constitutionally valid. Facts of… Read More

Tags: Dividend Distribution TaxFinance ActGovernment of IndiaIncome taxIncome Tax Act 1961SEZSEZ ActSpecial Economic Zone

SEZs Draft Guidelines to regulate functioning of worn and used clothing units

No. D.6/35/2012-SEZ Government of India Ministry of Commerce & Industry Department of Commerce SEZ Division Udyog Bhawan, New Delhi Dated. 3rd April, 2013 To: 1. All Ministry/Department of Government of India 2. All Chief Secretaries of State Government 3. All Zonal DCs 4. EPCES Subject: Draft Guidelines to regulate functioning of worn and used clothing units… Read More

Tags: Directorate General of Foreign TradeDomestic Tariff AreaGovernment of IndiaNew DelhiSEZSEZ ActSpecial Economic Zone

Report on SEZs notified under SEZ Act, 2005

In addition to seven Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005,  formal approval has been accorded to 577 proposals out of which 385 SEZs have been notified. A total of 166 SEZs are exporting. Statement containing State-wise distribution of SEZs is annexed. Setting… Read More

Tags: Board of ApprovalSEZ ActSpecial Economic Zone

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