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FinMin rejects provision for tax benefits to SEZs under DESH Bill

Says proposed incentives would "create havoc" for units outside the zones

Topics
Finance Ministry | Special Economic Zones | SEZs

Shrimi Choudhary  |  New Delhi 



exports
Key tax proposals under the Bill include allowing SEZ units to sell in the domestic tariff area on payment of duties foregone on raw materials.

The Union has turned down the commerce ministry’s proposal to provide tax incentives to units set up in (SEZs) as part of the Development of Enterprises and Services Hub (DESH) Bill, 2022, holding that it would “create havoc” for units outside such zones.

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First Published: Sun, December 04 2022. 21:02 IST

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