ESTABLISHMENT OF SPECIAL ECONOMIC ZONES
Procedure for making proposal to establishment of SEZs-Establishment of SEZ and approval and authorisation to operate to, Developer - Guidelines for notifying SEZe - Processing and non-processing areas Exemption from taxes, duties or cess
CONSTITUTION OF BOARD OF APPROVAL
Constitution of Board of Approval - Duties, powers and functions of Board - Suspension of letter of approval and transfer of Special Economic Zone in certain cases
SINGLE WINDOW CLEARANCE
Approval Committee - Setting up and OBU, IFSC- Agency to inspect, enforcement, investigation, inspection and search or seizure - Designated Courts - Appeal to High Court
Special Fiscal Provisions for SEZs
Exemptions, drawbacks and concessions - Provisions of Income-tax Act - Duration of goods or services - Transfer of ownership and removal of goods -Domestic clearance by Units
SEZ AUTHORITY
Constitution - Staff - Transfers - Functions - Grants and Loans - Accounts and Audit - Returns - Directions by the Government -Power to supersede Authority
MISCELLANEOUS
Reference of dispute -Limitation - Power to modify provisions - Power of State Government - Power to make rules -Power to remove difficulties - Amendment of certain enactments-Savings.
THE SECOND SCHEDULE
THE SECOND SCHEDULE- (See section 27) MODIFICATIONS TO THE INCOME-TAX ACT, 1961. (43 of 1961)
THE THIRD SCHEDULE
AMENDMENT TO CERTAIN ENACTMENTS -AMENDMENT TO THE INSURANCE Act, 1938 - AMENDMENTS TO THE BANKING REGULATION ACT, 1949 -AMENDMENT TO THE INDIAN STAMP ACT, 1899