Act Info:
Preamble1 - SPECIAL ECONOMIC ZONES ACT, 2005
Chapter I Section1 - Short title, extent and commencement
Section2 - Definitions
Chapter II Section3 - Procedure for making proposal to establish Special Economic Zone
Section4 - Establishment of Special Economic Zone and approval and authorization to operate it to, Developer
Section5 - Guidelines for notifying Special Economic Zone
Section6 - Processing and non-processing areas
Section7 - Exemption from taxes, duties or cess
Chapter III Section8 - Constitution of Board of Approval
Section9 - Duties, powers and functions of Board
Section10 - Suspension of letter of approval and transfer of Special Economic Zone in certain cases
Chapter IV Section11 - Development Commissioner
Section12 - Functions of Development Commissioner
Chapter V Section13 - Constitution of Approval Committee
Section14 - Powers and functions of Approval Committee
Section15 - Setting up of Unit
Section16 - Cancellation of letter of approval to entrepreneur
Section17 - Setting up and operation of Offshore Banking Unit
Section18 - Setting up of International Financial Services Centre
Section19 - Single application form, return, etc.
Section20 - Agency to inspect
Section21 - Single enforcement officer or agency for notified offences
Section22 - Investigation, inspection, search or seizure
Section23 - Designated Courts to try suits and notified offences
Section24 - Appeal to High Court
Section25 - Offences by companies
Chapter VI Section26 - Exemption, drawbacks and concession to every Developer and entrepreneur
Section27 - Provisions of Income-tax Act, 1961 to apply with certain modification in relation to Developers and entrepreneurs
Section28 - Duration of goods or services in Special Economic Zones
Section29 - Transfer of ownership and removal of goods
Section30 - Domestic clearance by Units
Chapter VII Section31 - Constitution of Authority
Section32 - Officers of Authority and other staff
Section33 - Special provision for transfer of officers or other employees to Authority
Section34 - Functions of Authority
Section35 - Grants and loans by Central Government
Section36 - Constitution of Fund and its application
Section37 - Accounts and audit
Section38 - Directions by Central Government
Section39 - Returns and reports
Section40 - Power to supersede Authority
Section41 - Members, officers and other employees of Authority to be public servants
Chapter VIII Section42 - Reference of dispute
Section43 - Limitation
Section44 - Applicability of provisions of this Act to existing Special Economic Zones
Section45 - Person to whom a communication may be sent under this Act
Section46 - Identity Card
Section47 - Authorities responsible for administration
Section48 - Protection of action taken in good faith
Section49 - Power to modify provisions of this Act or other enactments in relation to Special Economic Zones
Section50 - Power of State Government to grant exemption
Section51 - Act to have overriding effect
Section52 - Certain provisions not to apply
Section53 - Special Economic Zones to be ports, airports, inland container deports, land stations, etc., in certain cases
Section54 - Amendment to First Schedule
Section55 - Power to make rules
Section56 - Power to remove difficulties
Section57 - Amendment of certain enactments
Section58 - Savings
Schedule1 - THE FIRST SCHEDULE
Schedule2 - THE SECOND SCHEDULE
Schedule3 - THE THIRD SCHEDULE