Facilities / Incentive to SEZ Developer

100% FDI allowed for:

(a) townships with residential, educational and recreational facilities on a case to case basis,

(b)franchise for basic telephone service in SEZ.

•  Income Tax benefit under ( 80 IA ) to developers for any block of 10 years in 15 years

•  Duty free import/domestic procurement of goods for development, operation and maintenance of SEZs.

•  Exemption from Service Tax /CST.

•  Income of infrastructure capital fund/co. from investment in SEZ exempt from Income Tax

•  Investment made by individuals etc in a SEZ co also eligible for exemption u/s 88 of IT Act

•  Developer permitted to transfer infrastructure facility for operation and maintenance.

•  Generation, transmission and distribution of power in SEZs allowed

•  Full freedom in allocation of space and built up area to approved SEZ units on commercial basis.

•  Authorised to provide and maintain service like water, electricity, security, restaurants and recreation centres on commercial lines.