India, March 28 -- The Government of India has issued a release:
Key Takeaways
SEZ is a specifically delineated duty-free enclave and deemed to be a territory outside the customs territory of India for authorized operations. SEZ units are set up for the manufacture of goods, for rendering of services and providing warehousing services through Free Trade Warehousing Zones.
One-Time Concessional DTA Sales: A Strategic Boost to SEZ Manufacturing Units
Domestic Tariff Area (DTA) means the whole of India (including the territorial waters and continental shelf) but does not include the areas of the SEZs. Section 30 of the SEZ Act, 2005 stipulates that , goods and services cleared from SEZ to DTA are treated as imports into the country and att...