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Death at work: On industrial safety
4 months ago

Death at work: On industrial safety

The Hindu  

The blast at pharma company Escientia’s plant in the Atchutapuram Special Economic Zone in Anakapalli district, Andhra Pradesh, is the worst industrial accident in the region in recent times. These accidents raise serious questions about the state of industrial safety in Andhra Pradesh, more specifically in the SEZ. Meanwhile, the typical safety data sheet of MTBE — that operating personnel …

Safety Sez
VSEZ Achieves Rs 1.62 Lakh Cr Exports in 9 Months
10 months, 3 weeks ago

VSEZ Achieves Rs 1.62 Lakh Cr Exports in 9 Months

Deccan Chronicle  

Visakhapatnam: The Visakhapatnam Special Economic Zone has achieved exports to the tune of Rs 1,62,211 crores between April and December 2023, an increase of 24 per cent from the previous year. In a press note, VSEZ Zonal Development Commissioner Srinivas Muppaala revealed the services exports amounted to Rs 1,17,300 crores, reflecting a 23 per cent growth, while merchandise exports rose …

Crores Unit Sez Vsez
10,500 hectare manufacturing hub with 4 SEZs to come up along Yamuna Expressway
10 months, 3 weeks ago

10,500 hectare manufacturing hub with 4 SEZs to come up along Yamuna Expressway

Hindustan Times  

The Yamuna Expressway Industrial Development Authority has approved a plan to develop a 10,500 hectare urban centre -- about half the size of Noida city -- along the 165km Yamuna Expressway to Agra, with an aim to facilitate the setting up of manufacturing units to generate jobs and new business opportunities in the region, officials who took part in the …

Board Urban Land Industrial Project Plan Singh
Procedural Lapse Cannot Be The Basis To Deny Service Tax Refund, Defeating The Object Of SEZ: CESTAT
1 year, 8 months ago

Procedural Lapse Cannot Be The Basis To Deny Service Tax Refund, Defeating The Object Of SEZ: CESTAT

Live Law  

The Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal has held that the beneficial object of establishing the SEZ tax-free, without any burden of duties, means that the procedural lapse, if any, cannot be the basis to deny the refund. 12/2013-ST dated July 1, 2013, the appellant filed two applications in Form A-4 claiming a refund of …

Tax Service Stat Refund Notification Appellant Sez
DGFT Amends Import Policy For Raw Cashew Nuts Exempting EOU, Processing Units Operating From SEZ From MIP Norm
1 year, 9 months ago

DGFT Amends Import Policy For Raw Cashew Nuts Exempting EOU, Processing Units Operating From SEZ From MIP Norm

Live Law  

The Director General of Foreign Trade has modified the import regulations for raw cashew nuts so that processing facilities operating within Special Economic Zones and export-oriented units are exempt from the minimum import price requirement.The notification stated that imports by 100% EOUs and SEZs units would not be subject to the Minimum Import Price on Cashew. The Director General of …

Units Cif Cashew Import Sez Cashew Kernels Eous
Budget 2023 proposes amendments to turbocharge GIFT IFSC
1 year, 10 months ago

Budget 2023 proposes amendments to turbocharge GIFT IFSC

The Hindu  

The Union Budget has proposed several measures to enhance business activities at Gujarat International Finance Tec-City - International Financial Services Centre. These include delegating powers under the SEZ Act to the International Financial Services Centre Authority to avoid dual regulation, setting up a single-window IT system for registration and approval from IFSCA, SEZ authorities, Goods & Services Tax Network, Reserve …

Gift Odi Gift Ifsc Ifsca Ifsc Budget
On DESH bill, new conditions likely to apply
2 years, 3 months ago

On DESH bill, new conditions likely to apply

Live Mint  

BENGALURU/NEW DELHI : Conditions related to minimum employment and production are likely to be added to the proposed Development of Enterprise and Service Hubs Bill, which aims to overhaul special economic zones, as part of the department of commerce’s plan to accommodate the revenue department’s concerns. According to the proposal, companies setting up new manufacturing units in the proposed development …

India Development Market Tax Domestic Revenue Units
Jagan to launch several industrial units at SEZ in Achyutapuram today
2 years, 4 months ago

Jagan to launch several industrial units at SEZ in Achyutapuram today

Deccan Chronicle  

Vijayawada: Chief Minister Jagan Reddy would inaugurate and perform bhoomi puja for several industrial units at the AP Special Economic Zone in Achyutapuram of Anakapalli district on Tuesday. The CM would perform bhumi puja for several upcoming projects, mainly the ATC Tires phase-II at a cost of Rs 816 crore that would generate employment to 800 persons. Another is the …

Cost Crore Pvt Unit
Yokohama’s ATC tires launch on August 16 at AKP SEZ
2 years, 4 months ago

Yokohama’s ATC tires launch on August 16 at AKP SEZ

Deccan Chronicle  

Visakhapatnam: The first phase of the Rs 2,200 crore ATC tires project, promoted by Yokohama Rubber Company of Japan, will be inaugurated by Chief Minister Jagan Reddy at APIIC Anakapalli Zone on Tuesday, August 16. ATC Tires AP private limited has been allotted 107.67 acres of land in APIIC Anakapalli zone at Achutapuram. A spokesperson of APIIC said 75 per …

Crore Tires
Income Tax Dept. Can't Withhold Refunds In Mechanical And Routine Manner: Delhi High Court
2 years, 4 months ago

Income Tax Dept. Can't Withhold Refunds In Mechanical And Routine Manner: Delhi High Court

Live Law  

The Delhi High Court has held that an order under Section 241A of the Income Tax Act cannot be passed in a mechanical and routine manner. The refunds cannot be withheld just because the notice under Section 143 has been issued and the department wants to verify the claim for deduction under Section 10AA of the Income Tax Act. Accordingly, …

Delhi Tax Order Income Unit Claim Refund
DGFT Relaxes Provisions Of Submission Of "Bill of Export" To SEZ Units In Case Of EPCG Authorization
2 years, 4 months ago

DGFT Relaxes Provisions Of Submission Of "Bill of Export" To SEZ Units In Case Of EPCG Authorization

Live Law  

The Director General of Foreign Trade has issued a circular relaxing the provision of submission of a "Bill of Export" as an evidence of export obligation discharge for supplies made to the Special Economic Zone units in the case of the Export Promotion Capital Goods Authorization. The Foreign Trade Policy requires the submission of a "Bill of Export" for supplies …

Export Bill Sez Authorization Epcg Epcg Authorization Bill Of Export
Centre allows ‘work from home’ for maximum one year in SEZ
2 years, 5 months ago

Centre allows ‘work from home’ for maximum one year in SEZ

The Hindu  

The Union Commerce Ministry on Tuesday, July 19, 2022, said work from home is allowed for a maximum period of one year in a special economic zone unit and can be extended to 50% of total employees. Notification based on demand The Ministry said the notification was issued on demand from the industry to make a provision for a countrywide …

Employees Work Ministry Unit One Year Wfh Sez
Union Budget 2022: Government proposes to replace existing SEZ law with new legislation
2 years, 10 months ago

Union Budget 2022: Government proposes to replace existing SEZ law with new legislation

Firstpost  

New Delhi: The government on Tuesday proposed to replace the existing law governing special economic zones with new legislation to enable states to become partners in ‘Development of Enterprise and Service Hubs’. Presenting the Budget 2022-23, Finance Minister Nirmala Sitharaman said: “The Special Economic Zones Act will be replaced with a new legislation that will enable the states to become …

Zones New Legislation Sez Customs Administration