SEZ

Government of Karnataka, through VTPC, facilitates the SEZs and EOUs in the State. A Special Economic Zone (SEZ) is a demarcated area with quality infrastructure to enable manufacturing and trade in a hassle free environment for export production. 

 

Government of India announced the concept of SEZs in 2000, enacted SEZ Act in 2005 and notified SEZ Rules on 10.02.2006. In this regard, Government of Karnataka announced a State Policy for SEZs – 2009, vide Government Order No.CI/114/SPI/2007, dated 28.02.2009 to support and encourage development of SEZs by public, private or joint sector or by the State Government or its agencies in the State.

 

The State SEZ Policy 2009 extends the following incentives:

  • 100% exemption from Stamp Duty and registration charges for lease/loan document registration to Developers, Co-developers and 50% for SEZ Units.
  • Electricity Duty Exemption
  • Capital Investment Subsidy for CETP (Maximum Rs.1.00 Crore)

 

 Click the following Links for further information:

Sl no
File name
File Size
Downloads
1
EOUS IN KARNATAKA
260KB
2
AMENDMENT RULES
1,128KB
3
APPLICATION PROCEDURES FOR APPROVAL OF SEZ
14KB 
4
FAQS PERTAINING TO SEZS
12KB 
5
SEZ Operational Guidelines
241KB 

Last Updated: 30-06-2020 12:47 PM Updated By: VTPC



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