Daily Archive for October 11th, 2007

SEZ units may have service tax exemptions coming their way

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ICR-SEZ
on October 11, 2007
in SEZ News
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Amiti Sen

New Delhi, 10 Oct, 2007 (TNN): Developers and units in special economic zones (SEZs) may be in for some additional service tax exemptions. The Centre is looking at the possibility of extending service tax exemption for authorised operations for services rendered both within and outside SEZs. At present, the finance ministry provides exemptions only for services provided within a zone. Continue reading ‘SEZ units may have service tax exemptions coming their way’

UP seals fate of over a dozen SEZs

Published
by
ICR-SEZ
on October 11, 2007
in SEZ News
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G Ganapathy Subramaniam

New Delhi, 10 Oct, 2007 (TNN): In an unprecedented move, the Uttar Pradesh government has sealed the fate of more than a dozen special economic zone (SEZ) projects, including those by well-known companies such as Wipro, Moser Baer and Nucleus Software, by not recommending them for clearance. The move comes at a time when states are competing with each other to house SEZs. Continue reading ‘UP seals fate of over a dozen SEZs’