Online filing of applications by SEZ developers & units to be launched
Updated: Aug 18, 2014 11:16:29am
New Delhi, Aug 18 (KNN) The Department of Commerce has initiated an exercise for standardization of procedures, harmonization of rules, formats and fees, and is undertaking a review of the issues relating to human resource management (both SEZ and Customs), vigilance mechanism, grievance redressal and its monitoring in all zones.
“Department of Commerce is also making preparations for allowing online filing of applications for various purposes by SEZ developers and units, and this facility would be launched next month,” said an official release.
Additional Secretary, Department of Commerce, Madhusudan Prasad unveiled the timelines for disposal of various processes and activities related to SEZ Developers / Units at Noida SEZ in the presence of Joint Secretary, Department of Commerce, Rajeev Arora, and Development Commissioner, Noida SEZ, Sumeet Jerath on August-14.
These timelines will be strictly followed by all the Zonal Development Commissioners throughout India. The timelines have been uploaded on the SEZ Website (www.sezindia.nic.in) and are being prominently displayed through notice boards in all DC offices as well as on the individual websites of the Zones.
To ensure smooth functioning of SEZs and facilitating ease of doing business in SEZs, Department of Commerce, Government of India has prescribed time limits for disposal of various activities related to SEZ Developers/Units.
Henceforth, the timeline for examination of proposals for setting up of SEZs including site inspection of land and sending to the DoC is 15 days, examination of the proposal for change of sector is 7 days, extension of LOA up to 4th year and execution of lease deed is 7 days, in-principle exit order is 7 days, issuance of Form-I for CST exemption is 5 days etc. This will work as a catalyst in providing good governance in the SEZs. (KNN/ES)
“Department of Commerce is also making preparations for allowing online filing of applications for various purposes by SEZ developers and units, and this facility would be launched next month,” said an official release.
Additional Secretary, Department of Commerce, Madhusudan Prasad unveiled the timelines for disposal of various processes and activities related to SEZ Developers / Units at Noida SEZ in the presence of Joint Secretary, Department of Commerce, Rajeev Arora, and Development Commissioner, Noida SEZ, Sumeet Jerath on August-14.
These timelines will be strictly followed by all the Zonal Development Commissioners throughout India. The timelines have been uploaded on the SEZ Website (www.sezindia.nic.in) and are being prominently displayed through notice boards in all DC offices as well as on the individual websites of the Zones.
To ensure smooth functioning of SEZs and facilitating ease of doing business in SEZs, Department of Commerce, Government of India has prescribed time limits for disposal of various activities related to SEZ Developers/Units.
Henceforth, the timeline for examination of proposals for setting up of SEZs including site inspection of land and sending to the DoC is 15 days, examination of the proposal for change of sector is 7 days, extension of LOA up to 4th year and execution of lease deed is 7 days, in-principle exit order is 7 days, issuance of Form-I for CST exemption is 5 days etc. This will work as a catalyst in providing good governance in the SEZs. (KNN/ES)
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