2.3 SEZ Policy
The Special Economic Zones scheme seeks to provide an internationally competitive and free environment for exports . These zones are designated duty-free enclaves and are treated like foreign territories for the purpose of trade operations , duties and tariffs . The SEZ policy offers several fiscal and regulatory incentives to developers of the SEZs as well as units operating within these zones .
2.4 EOU / EHTP / STP and BTP
The government encourages units to set-up as an EOU or in Electronics Hardware Technology Parks ( EHTP ), Software Technology Parks ( STP ) and Bio-Technology Parks ( BTP ). Units undertaking to export their entire production of goods and services except permissible sales in the DTA , may be set-up as an EOU or in EHTP , STP or BTP for manufacturing goods , including repair , re-making , reconditioning , re-engineering and rendering of services .
In case of EOUs the minimum investment limit in plant and machinery is ` 10 million .
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