Obligation of the Unit under the SEZs Scheme

•  SEZ units have to achieve Positive Net foreign Exchange earning; a Legal Undertaking is required to be executed by the unit with the Development Commissioner.

•  The units have to provide periodic reports to the Development Commissioner and Zone Customs.

•  The units are also to execute a bond with the Zone Customs for their operation in the SEZ.

•  Any company set up with FDI has to be incorporated under the Indian Companies Act with the Registrar of Companies for undertaking Indian operations