1.

What are the additional facilities provided to industries in special economic zones

Answer»

Answer:

1) DUTY free import/domestic procurement of GOODS for development, operation and maintenance of SEZ units.

2) 100% Income Tax exemption on export income for SEZ units under Section 10AA of the Income Tax Act for first 5 years, 50% for next 5 years THEREAFTER and 50% of the PLOUGHED back export profit for next 5 years.

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