In the last few years, the number of SEZs in India have been growing at a rather fast pace. In 2008, certain questions were raised as to the policy of the Central Government of allowing a plethora of SEZs- questions that were raised in Nandigram and Goa. This, in addition to the fact that in the current economic scenario, a number of SEZs are requested to be denotified as funds dry up. Not only does this book break down the subject matter by topic and discuss each aspect of the SEZ legislation in India- such as procedure, incentives, compliance, etc, it also would attempt to bring into focus whether the current SEZ policy is economically and socio-politically viable.
This book not only caters to the needs of professionals, CAs, lawyers, etc, but has also been written in a style lucid enough to appeal to the layperson. Professionals having sound knowledge over the subject would be able to use this book as a reference guide. At the same time, investors would be able to gather basic information about SEZ policies and procedures. Thus, it seeks to bridge the gap between investors and consultants by providing information and guidance which is both detailed and simplified at the same time.
Among other related topics, the book includes:
- The history and development of the SEZ policy
- Procedure for setting-up SEZs and SEZ Units
- Incentives offered under the SEZ Act and Rules
- Compliances required for SEZs and SEZ Units
- Statistics of performance of SEZs in the last few years
- Discussion on controversial issues relating to the operation and implementation of the SEZ Act and Rules