Record Details

Export Promotion through Tax Incentives in Special Economic Zones (SEZs): Benefits and Concerns

VISION: Journal of Indian Taxation

View Archive Info
 
 
Field Value
 
Title Export Promotion through Tax Incentives in Special Economic Zones (SEZs): Benefits and Concerns
 
Creator Jain, Sandeep; FCA, Chartered Accountant, Senior Partner – SKC, Delhi.
 
Subject Special Economic Zones (SEZs), Tax incentives, Services sector, Export Processing Zones.
 
Description India’s Export Processing Zone Scheme, launched in 1965, was the precursor to the present day SEZ (Special Economic Zones) Scheme. The SEZ Act was enacted in 2005 and made operational through SEZ Rules in February 2006. The SEZ scheme provides an ecosystem conducive to exports, wherein all clearances, starting from setting up of the unit, allocation of space, approval of raw material, capital goods, issuance of letters of permission, monitoring of exports, permission for sale in DTA (Domestic Tariff Area) etc. are provided at one place. The services sector is an extremely important component of our foreign trade and there are large inflows of investment into SEZs (specifically for software exports) and this trend is likely to continue over the next decade. In the light of this, we examine whether intended benefits are being achieved through the SEZ scheme and the related tax incentives. We also look at the concerns in the area of SEZs.
 
Publisher Journal Press India
 
Date 2015-05-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.myresearchjournals.com/index.php/VISION/article/view/5727
10.17492/vision.v2i2.10179
 
Source VISION : Journal of Indian Taxation; Vol 2, No 2 (2015)
2347-4475
 
Language eng
 
Relation http://www.myresearchjournals.com/index.php/VISION/article/view/5727/5252