SEZ Benefits

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 Single window clearance -Providing single point clearance system to the Developer and unit

under the State Acts and Rules.

 No licence required for import made under SEZ units.

 Duty free import of goods for development, operation and maintenance of SEZ units.

 Exemption from GST

 Government of Kerala has given Exemption from electricity duty.

 External commercial borrowings by SEZ units upto US$ 500 million in a year without any
maturity restriction through recognized banking channels.

 No routine examination by Customs officials of export and import cargo.

 Setting up Off-shore Banking Units (OBU) allowed in SEZs.

 Since SEZ units are considered as ‘public utility services’, no strikes would be allowed in such
companies.

 The Government of Kerala has exempted SEZs from State/local taxes, levies and duties,
including stamp duty, and taxes levied by local bodies on goods required for authorized
operations by a Unit or Developer.

For further information please refer www.csez.com, http://sezindia.nic.in

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