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Mahindra World City
Special Economic Zone

Mahindra World City

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.