1. |
Incentives
and Benefits from the Ministry of Commerce - Govt.of India.
Designated duty free enclave and
to be treated as foreign territory for trade operations and
duties and tariffs. |
| 2. |
Sales to SEZ are
entitled for draw back and DEPB benefit. Even Central
Sales Tax and service tax are specially exempted
for SEZ units. |
| 3. |
SEZ units are permitted
to capitalize cost of imported capital goods. |
| 4. |
One such facility
and benefit available to investors is that these units are allowed
to undertake Job work on behalf of domestic exporters and export directly from SEZ on
behalf of domestic exporters. Thus, SEZ units carry out the activities
on behalf of Domestic Exporters. |
| 5. |
Duty free goods
imported by SEZ units are to be used within 5 years. SEZ
units to be positive foreign exchange earner within 5 years cumulatively.
That adds for another advantage. |
| 6. |
There are No standard
input/output norms and regulations. |
| 7. |
There is also an
Exemption from Industrial License Requirement, which is otherwise
essential for items set aside for SSI sector. |
| 8. |
Job work in DTA
units by SEZ unit (including jewellery unit) is allowed. |
| 9. |
Capital Goods imported
by SEZ units are uniformly capitalized over a period of 10 years. |
|
1. |
Income
Tax |
15 year Corporate
Tax holiday on export profit- 100% for first 5 years, 50% for the
next 5 years and up to 50% for the balance 5 years equivalent to
profits ploughed back for investment. This benefits is governed
by section 10 AA of IT Act. |
| |
1. |
Customs & Excise |
SEZ Units are exempted
from Customs duty on import of capital goods, raw materials,
consumables supplies etc. Thus, allowing maximum freedom and benefit. |
| 2. |
Also, there is an exemption from Central Excise duty on procurement of capital
goods, raw materials, consumables supplies from domestic market. |
| 3. |
In addition to above
exclusions, Exemption from Customs/Excise duty on goods (all
construction & office materials) for setting up and maintenance
of units in Zone is also available. |
| 4. |
Import and export
transactions are on self certification basis. |
| 5. |
There are no routine examinations by Customs/Excise
of export and import cargo making the transactions quite easy. |
| |
1. |
Incentives
and benefits from State Government : |
Special SEZ Act
is enacted by State Government. |
| 2. |
Exemption from
payment of stamp duty and registration fees on deeds, agreements
pertaining to SuRSEZ. |
| 3. |
Also, SEZ units
are exempted from payment of electricity duty. |
| 4. |
All units in this
Zone are declared as public utility services. |
| 5. |
SEZ units can set
up captive power plant. |
| 6. |
Relaxation in
labour laws for SEZ units. |
| |
1. |
Infrastructure strength of SuRSEZ. |
SuRSEZ is situated in an eco-friendly environment yet it
enjoys excellent connectivity with major commercial centers. It
is very close to Mumbai - the financial capital
of the country.
|
| 2. |
(i) Part of Surat
city but is outside its Municipal limits.
(ii) It is in the centre of highly industrialized belt of Mumbai-Ahmedabad.
(iii) It is on the Mumbai-Ahmedabad railway line next to Sachin
railway station and near to Mumbai-Ahmedabad national highway. |
| 3. |
All infrastructural
facilities like roads, sewage water drainage, water supply lines,
electricity, street lights etc... are in place. |
| 4. |
The Zone has access
to the abundant, trained, peace loving and productive labour force
of south Gujarat. |
| 5. |
SuRSEZalso
offers additional advantage of fully developed residential colony
consisting of shopping complex, restaurant and english medium
public school. |
| 6. |
This Zone also has
Inland container depot, which is in operation with latest material
handling equipments. |
| |
1. |
R.B.I |
There is a provision
of setting up of offshore Banking unit (OBU) in
SEZ. This will enable units to access the international capital
market at attractive rates. |
| 2. |
Write off of unrealized exports is also
permitted. |
| |
1. |
Foreign Investors - Special Benefits |
| 100% Foreign Direct Investment in manufacturing
sector is allowed through automatic route. |
| 2. |
Facility to retain 100% foreign exchange
receipt in EEFC account. |
| 3. |
A foreign company can also open a branch
office in Surat Special Economic Zone to set up its operations and
derive its benefits.
|
Developer
The Zone and the unit-owners therein,
enjoy effective and efficient patronage and support of the
Developer. The Developer is a private sector organization
working towards the success of the units. This Zone is the
most prestigious project of DGDC and DGDC believes that
its success lies in the success of the Zone and its units.
For the effective management
of the Zone, DGDC has set up a full fledged office in the
Zone manned by a team of professional managers headed by
the President.This office render all possible help to the
unit holders right from the stage of application to set
up and further on an ongoing basis. |
|
