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SURAT SPECIAL ECONOMIC ZONE

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SURAT SPECIAL ECONOMIC ZONE

SURAT SPECIAL ECONOMIC ZONE

Mumbai, Maharashtra, India

Services Products - Services, Export / Import,
Proprietorship Firm Since 0

Welcome to Surat Special Economic Zone. Welcome to your choicest place for locating export business unit. Welcome to the land of freedom from hassles and taxes. Welcome to SURSEZ, the popular name of Surat Special Economic Zone.
A new era was born in India on 1st November 2000 with the birth of Special Economic Zones. A real freedom to fly the world over with business wings. No boundary whatsoever for a man with vision and ambition for success.

SURSEZ, was among the four SEZs born on that auspicious day. Its birth was announced by no less than the Hon'ble Prime Minister of India and the Hon'ble Minister for Commerce & Industry, Govt.Of India. The country had earlier done due diligence for the necessity of SEZs.

SURSEZ, is the first and so far only SEZ in non-Govt.Sector in operating form in the country. Chances have placed it to remain so for the next 4 years.

SURSEZ offers not only all the benefits and advantages of a SEZ but many more.



Products :

Internationa level service providers, I.Global Opportunities for Indian Industries : Incentives and Benefits from the Ministry of Commerce - Govt.Of India. 1. Designated duty free enclave and to be treated as foreign territory for trade operations and duty and tariffs. 2. Sales to SEZ is entitled for draw back and DEPB benefit. CST and service tax exemption for SEZ unit. 3. SEZ units allowed to capitalise cost of imported capital goods. 4. SEZ units are allowed to undertake Job work on behalf of domestic exporters and export directly from SEZ on behalf of domestic exporters. 5. Duty free goods imported by SEZ units to be used within 5 years. SEZ units to be positive foreign exchange earner within 5 years cumulatively. 6. No standard input/output norms 7. Exemption from requirement of Industrial Licence required for items reserved for SSI sector. 8. Job work in DTA units by SEZ jewellery unit is allowed. 9. Uniform depreciation of capital goods imported by SEZ over a period of 10 years. Income Tax 1. Income Tax exemption as per Sec.10AA of Income Tax Act for a period of 15 years. Customs & Excise 1. Exemptions from Customs duty on import of capital goods, raw materials, consumables supplies etc. 2. Exemption from Central Excise duty on procurement of capital goods, raw materials, consumables supplies from domestic market. 3. Exemption from Customs/excise duty on goods (all construction & office materials) for setting up and maintenance of units in Zone. 4. Import and export is on self certification basis. 5. No routine examination by Customs/Excise of export and import cargo. Incentives and benefits from State Government: 1. Special SEZ Act enacted by State Government. 2. Exemption from payment of stamp duty and registration fees on deeds, agreements pertaining to SURSEZ. 3. SEZ units are exempted from electricity duty. 4. SEZ units are exempted from tax, motor spirit tax, entertainment tax and purchase tax and other state taxes. 5. All units in SEZ are declared as public utility services. 6. SEZ units can set up captive power plant. 7. Relaxation in labour laws for SEZ units Infrastructure strength of SURSEZ. 1. Zone is situated in eco-friendly atmosphere but at the same time it is located at prime place from the point of commercial activity. It is very close to Mumbai, the financial capital of the country. 2. (i) Part of Surat city but is outside its Municipal limits. (ii) It is in the centre of highly industrialized belt of Mumbai-Ahmedabad. (iii)It is on the Mumbai-Ahmedabad railway line next to Sachin railway station and near to Mumbai Ahmedabad national highway. 3. All infrastructural facilities like roads, sewerage water drainage, water supply lines, electricity, street lights, etc.Are in position. 4. Vast pool of trained and educated work force. Peace loving & productive labour. 5. Fully developed residential colony consisting of shopping complex, restaurant and English medium public school. 6. SURSEZ has Inland container depot, which is in operation with latest material handling equipments. 7. Ready built units of 1000 s.Ft. Built up area and developed plots of 1000 s.Mtr.Are available for allotment. R.B.I : 1. Provision of setting up of offshore Banking unit (OBU) in SEZ. It will facilitate in getting International Loans at International rates . 2. Write off of unrealised exports allowed. Foreign Investors - Special Benefits : 1. 100% foreign direct investment in manufacturing sector allowed through automatic route 2. Facility to retain 100% foreign exchange receipt in EEFC account. 3. No restriction of one year period of remittance from export proceeds for SEZ units. 4. A foreign company can open a branch office in Surat Special Economic Zone to set up oprerations. II.Surat -Sez-Units : Surat Special Economic Zone is a multi product zone . All types of non polluting industries are welcome to set up units in Zone . A Manufacturing , Trading and Service unit can be set up in the zone . At present more than 100 units are operating and exporting to various countries all across the globe. Major categories of units in operation are from Textiles, Garments, Made ups (pillows, quilts, bedsheets, etc), IT Hardware, Engineering Goods, Pharmaceuticals, Chemicls, Gems & Jewellery, Diamond, Tobacco. Various industries are flourishing because of the locational advantages, Cost effective peaceful industrial freindly labour available in abundance for all industrial sectors and excellent infrastructure provided in the Zone.



Contact Info


SURAT SPECIAL ECONOMIC ZONE

104,Atlanta, 10th Floor ,
Nariman Point,

Mumbai - 400021 (Maharashtra) India



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