Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: due date for vat payment :: TDS :: VAT RATES :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: ACCOUNTING STANDARDS :: form 3cd :: empanelment :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt
News Headlines »
 What if you forget to verify your Income Tax return?
 TDS on rent and other tax tasks to complete before March 31
 5 income tax changes which will come into effect from April 1, 2018
 Why you shouldn't be a last-minute tax filer
 How to calculate income tax for this assessment year on Moneycontrol
 6 Tax notices you may get and how to cope with them Income Tax Notice
 Deadline to pay advance tax ends tomorrow: Here is a step-by-step guide
  Central Goods and Services Tax (Second Amendment) Rules, 2018
 Income Tax Return Filing Deadline: Waiver On LTCG Tax To End On 31 March. Details Here
 Income tax returns (ITR) filing: Top mistakes that can be very costly
 Income Tax Return (ITR) filing: 6 last-minute things you can still do to save tax for FY17-18

Land details impeding SEZ notification process
July, 12th 2006
Only seven out 90 formally approved have been notified so far. 
There appears to be a mismatch between the rush to set up special economic zones (SEZs) and their subsequent notifications. 
Out of the 90 SEZs that have so far obtained formal approval from the Board of Approval for SEZs, only seven zones have been notified. According to the SEZ Act, 2005, a zone has to be notified in order to avail of the direct and indirect tax benefits. 
The seven zones, which have been notified, include: Reliance Infrastructure Ltds 440-hectare petroleum and petrochemical SEZ at Jamnagar in Gujarat, Flextronics Technology (India) Pvts 101-hectare electronic and hardware zone at Sriperumbudur in Chennai, Divis Laboratories Ltds 101-hectare pharmaceutical SEZ at Chippada in Vishakhapatnam, Chandigarh administrations 45-hectare electronic and IT zone at Chandigarh and the 2,658-hectare multi-product Mundra SEZ. 
TCSs IT zone at Chennai, spread over 28 hectares, and Apache Investment holdings Pvt Ltds footwear zone, spread over 101 hectares, are in the process of being notified. In the last two BoA meetings convened on March 17 and June 12 formal approvals had been given to 92 cases. 
Commerce ministry officials said the delay in notifying approved cases as SEZs was because the ministry was being cautious while seeking land details. 
We have asked companies to bring specific land documents to prove that they possess the land. Mere signed documents from the state government indicating the land size allotted to the company are not being accepted, an official said. 
Officials said there were a lot of procedures involved in setting up multi-product SEZs. 
Each such zone has to have a development commissioner and we are in the process of appointing commissioners for approved SEZs. Without the commissioners being appointed, the developers cannot begin any activity inside the zones, an official said. 
The empowered group of ministers on SEZs had decided to impose a cap on the number of SEZs to be approved at 150. 
Though we are yet to reach the cap, we want the zones approved to get their notifications in place before more cases are cleared, an official added.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions