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Mahindra World City
Special Economic Zone

Mahindra World City

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Special Economic Zone

Special Economic Zone

Policy Highlights

The incentives and facilities offered to the units in SEZs for attracting investment into the SEZs include:

  • Duty-free import / domestic procurement of goods for development, operation and maintenance of SEZ unit.
  • Income tax exemption on export income for the SEZ units under Section 10AA of the Income Tax Act for a total period of 15 years.
    • 100% income tax exemption on export income for the first 5 years.
    • 50% for next 5 years.
    • 50% of the ploughed back export profit for the next 5 years.
  • Exemption from minimum alternate tax under section II5 JB of the Income Tax Act.
  • External commercial borrowing by SEZ units up to US $500 million in a year without any maturity restriction through recognized banking channels.
  • Exemption from Central Service Tax.
  • Single window clearance for central and state level approvals.
  • Exemption from State Sales Tax and other levies as extended by the respective state governments.

For more information visit www.sezindia.nic.in.