Sezs Exports

• 

  Centre Bans Imports Of Solid Plastic Waste

  The government has banned import of solid plastic waste into the country including in Special Economic Zones (SEZ) and by Export Oriented Units (EOU), an official statement said on Wednesday.

• 

  Nirav Modi Illegally Sold SEZ Diamonds Worth Rs 1,216 Crore In India: Tax Department

  The Income Tax department has found that in the last financial year the Nirav Modi group had illegally diverted Rs 1,216 crore of diamonds meant for export from its special economic zone to the domestic market, selling them in cash.

• 

  Centre Allows Exporters To Manually File GST Refund Claims

  The move will help in fast-tracking clearance of dues to ease liquidity stress faced by exporters.

• 

  Employees Of IT Companies In Special Economic Zones Can Work From Home

  Government has decided to permit employees of IT/ITeS units in the special economic zones to work from home or a place outside the SEZs.

• 

  Government to Work on Six Fronts to Revive Exports

  The government on Wednesday said it will focus on six major areas, including SEZs (special economic zones), export credit and MSMEs (micro, small and medium enterprises), to boost exports which have been in the negative since December 2014.

• 

  Commerce Ministry Hopes for SEZ Tax Benefits in Budget

  Overall merchandise exports have been declining since December 2014.

• 

  Ministry Wants Sunset Clause for SEZs to Go: Report

  Overall merchandise exports of India is declining since December 2014.

• 

  Tamil Nadu has Maximum Number of Operational SEZs: Nirmala Sitharaman

  As many as 36 Special Economic Zones (SEZs) are operational in Tamil Nadu, followed by Telangana and Karnataka, Parliament was informed today. In Telangana and Karnataka, 26 SEZs in each state are operational.

• Government Considering Steps to Revive Special Economic Zones: Commerce Minister

  The government on Wednesday said it is considering various measures, including resolution of issues concerning minimum alternate tax (MAT), in a bid to boost exports and manufacturing in special economic zones (SEZs).

• Manufacturing Units in SEZs May Get Tax Sops: Report

  Export promotion body for special economic zones has asked the Finance Ministry to roll back or reduce the minimum alternate tax (MAT) and dividend distribution tax (DDT) on SEZs.

• Prime Minister Modi for Impetus to Exports, Promotion Councils for States

  Underscoring the need for the Centre and states to work in tandem to give a fresh thrust to exports, Prime Minister Narendra Modi on Saturday said the states will soon be allowed to form their own Export Promotion Councils.

• Ashwin Gold MD Arrested for Alleged Smuggling

  The managing director of jeweller, Ashwin Gold, was arrested last week after the firm allegedly trying to smuggle 10.5 kg of gold meant for export into the domestic market, said Safeena AN, development commissioner of the Cochin special economic zone (SEZ), where the company's office is located.

• Smuggling of Gold from Cochin SEZ, Four Arrested

  Customs Preventive Commissionerate today arrested four persons, including the owner of a unit functioning at the Cochin Special Economic Zone, for allegedly removing and selling large quantity of gold meant for export and seized gold ingots and ornaments worth about Rs 5.71 crore.

• 

  IPCA Lab Falls 8% on Suspension of US Shipments

  The voluntarily stoppage of API shipments will impact IPCA Lab's formulations export business to the US market since its formulations units situated at Piparia (Silvassa) and SEZ, Indore (Pithampur) use APls from Ratlam for manufacturing formulations for the US market.

• Budget 2014: Government to Take Effective Steps to Revive SEZs

  The government said it would take "effective steps" to make them instruments of industrial production, economic growth, export promotion and employment generation.