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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