Budget to be presented on 16th March    FM issues Advisory to CESTAT to ensure that orders are issued by Benches on conclusion of arguments and in complicated matters orders should be issued within 30 days    Madras High Court stays levy of service tax on lawyers    economic growth slows to 6.9 per cent   Sunil Kumar appointed as Chief Secretary of Chattisgarh    Amarchand Mangaldas to open offices in Chennai Ahmedabad & Pune    US closes its embassy in Syria    Sudha Sharma appointed as Member of CBDT    Rupee hits a high of 48.73 against Dollar   Laxman Das is Officiating Chairman of CBDT    Tariff Value for import of gold is 556 & for silver 1067 & for Brass Scrap 4078 & for poppy seeds 2205-Customs Non-Tariff Notification No. 10   Fused Silica is classifiable under Tariff Item 32074000-Customs Circular No.3    Additional Commisssioner of Income Tax HA Siddiqui sentenced to 4 years imprisonment for accepting bribe of Rs 1 Lakh by CBI Court in Delhi    HC upholds levy of service tax on booking of flats-The explanation which was inserted by the Finance Act of   2010 clearly brings within the fold of taxable service a construction  service provided by the builder to a buyer where there is an intended sale  between the parties whether before, during or after construction    Authority for Advance Ruling rules super concentrates shall be classified as products of the chemical industry under heading 3824 90 90 of Customs Tariff      Anti dumping duty imposed on import of Morpholine from China European Union & USA     Anti dumping duty imposed on import of  Geogrid/Geostrips/ Geostraps made of polyester or Glass fiber in all its forms from      Refund of Anti­-Dumping Duty (Paid in Excess of Actual Margin of Dumping) Rules, 2012 notified-Customs Non-Tariff Notification No.5     Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Amendment Rules, 2012-Customs Non-Tariff Notification No.6     Safeguard duty at the rate of 10% ad  valorem notified on import of Phthalic anhydride, falling under tariff item 2917 35 00-Customs SG Notification No.1     Customs duty on import of Gold, Silver, Cut & Polished Diamonds hiked    Customs duty to be charged at the rate of 2 per cent of Tariff Value on gold and 6 per cent of Tariff Value on silver     Tariff Value for import of gold & silver notified-Customs Non-Tariff Notification No.3     Anti-dumping duty on imports ofSilk fabrics 20-100 gms per metre, falling under heading 5007  originating in, or exported from, China-CustomsTariff Notification No. 2     Anti-dumping duty imposed on imports of Nylon Filament Yarn, falling under Chapter 54 ,originating in, or exported from,  China, Chinese Taipei, Malaysia, Thailand and Korea RP-Customs TariffNotification No.3   Anti-dumping duty imposed on import of Phosphoric Acid of allgrades and all concentrations (excluding Agriculture/Fertilizer Grade) ,falling under tariff item 28092010, originating in, or exported from, Israel and Taiwan-Customs Tariff Notification No.4    Anti-dumping duty on imports of Cellophane Transparent Film , falling under Chapter 39 , originating in, or exported from, China-Customs TariffNotification No.5    Anti-dumping duty onimports of Saccharin, falling under Chapters 29, 30, 33 and 38 ,originating in, or exported from, China-Customs Tariff Notification No.7    Special Bench of ITAT rules the appellant is not entitled to set off carry forward business loss against the long term capital gain arising on sale of land used for the purpose business    ITAT rules Long Term and Short Term gains / losses on sale of equity shares under Portfolio Management Scheme is business income  and not Capital Gains   HC rules the opinion of the AO may have been legally erroneous but this cannot be a ground for initiation of re-assessment proceedings      Anti-dumping duty on ‘Caustic Soda’,  originating in, or exported from, Saudi Arabia, Iran, Japan, USA & France-Customs Tariff Notification No.1    Cost Accountants can issue Certificates for the purpose of refund of 4% CVD-Customs Circular No.1     Customs duty on import from ASEAN nations lowered- Customs Tariff Notification No.127     deeper tariff cut on import from Malaysia notified- Customs Tariff Notification No.128   deeper tariff cuts on import from Korea notified- Customs Tariff Notification No.123  deeper tariff cuts on import from Srilanka & Pakistan under SAFTA notified- Customs Tariff Notification No.125      Schedule of Rates for Service Tax Refund to Exporters notified in supersession of Notification No.17/2009-Service Tax Notification No. 52      Customs duty on import of several products from specified countries lowered-Customs Tariff Notification No.113      Anti-dumping duty on ‘Sodium Hydrosulphite (SHS)’, falling under headings 2831 and 2832 , originating in, or exported from, China PR- Customs Tariff Notification No.111     CBEC specifies documents required for Registration of ServiceTax     Customs duty on import of 532 Products from Singapore lowered-many products exempted from duty-Customs Tariff Notification No. 106     Government allows Rebate of excise duty on export of goods to Nepal under ARE-1 Procedure w.e.f. 1st March 2012-Central Excise Non-Tariff Notification No.24

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Form - A

APPLICATION FOR SETTING UP OF SPECIAL ECONOMIC ZONE

(See rule 3)

I. Name and address of the

Undertaking in full (Block Letters)

Name of the Applicant _________________________________

Full Address _________________________________

(Regd. Office in case of limited _________________________________

companies & Head Office for _________________________________

others _________________________________

Pin Code _________________________________

Tel. No. _________________________________

Fax No. _________________________________

Permanent E-Mail Address _________________________________

Name and address of each _________________________________

of the Directors/Partners/

Promoters, as the case may be

II. Nature of the applicant Firm or Company:

(a) Public Limited Company

(b) Private Limited Company

(c) Proprietorship

(d) Partnership

(e) Others (please specify)

Note:-Copy of certificate of incorporation alongwith Article of Association and Memorandum in case

of companies and partnership deed in case of partnership firms may please be attached.

III. (i) Location of the proposed Special Economic Zone:

Whether the proposal is for –

(a) Special Economic Zone for Multi Product.

(b) Special Economic Zone for Specific Sector.

(c) Free Trade and Warehousing Zone.

(Tick [ ]as applicable)

IV. (a) Distance from the nearest Sea Port or Airport or Rail or Road head to the proposed Special

Economic Zone

(b) Indicate the area of the proposed Special Economic Zone (in hectares)

(c) Whether the applicant is owner of the land and the land is in his/its possession.

(d) In the case of lease hold land, name of the lessor and the lease conditions.

(e) If the land is not in ownership or possession, steps being taken for acquisition of land.

(f) Whether the area is contiguous or not or whether there is any thoroughfare?

V. Proposed Financial/Investment Details:

(i) Cost of Land.

(ii) Cost of proposed infrastructure, namely:

(a) Development of land.

(b) Boundary walls, roads, drainage, water supply, electricity, etc.

(c) Ready Built up factory premises.

(d) Port.

(e) Airport.

(f) Others, if any, give details.

(iii) Total Investments

VI. Means of Financing

a) Equity Capital

b) Term Loan

c) External Commercial Borrowings, if any, furnish details.

d) Any other source

Total

VII. Equity including Foreign Investment

(i)

$ Thousand) (Rs.lakhs)

(a) Authorized ________________ ________________

(b) Subscribed ________________ ________________

(c) Paid up Capital ________________ ________________

Note: If it is an existing company, please give the break up of the existing and proposed capital structure

(ii) Pattern of share holding in the paid-up capital (Amount in Rupees)

(Rs. in lakhs) (US $ Thousand)

(a) Foreign holding _____________ ___________________

(b) Non Resident Indian company / individual holding

(i) Repatriable _____________ ___________________

(ii) Non-repatriable _____________ ___________________

(c) Resident holding _____________ ___________________

(d) Total _____________ ___________________

VIII Development of identified area as Special Economic Zone: Give the following details:-

Area in hectares

(i) Total area proposed for development as Special Economic Zone.

(ii) Area proposed to be developed as processing area.

(iii) Development activities proposed in the processing area, namely: –

(a) site development,

(b) construction of boundary walls,

(c) construction of roads,

(d) installation of water supply and sanitation and sewage systems,

(e) power distribution system,

(f) telecom facilities,

(g) construction of factory buildings and warehouses.

(h) Any other activity which may be required in the processing area.

(iv) Area proposed to be developed as non-processing area.

(v) Activities proposed in the non-processing area, namely: -

(a) Residential.

(b) Commercial complex.

(c) Recreation facilities.

(d) Social amenities – give details.

(e) Others – specify.

(vi) Standards of operation and maintenance of the facilities proposed

IX. Indicate exports and direct and indirect employment likely to be generated during the first five year

period.

(Attach a Project Report outlining the economic and commercial viability of the proposal)

X. Has the applicant obtained any, Permission or Approval from Government of India for setting up any

other SEZ/s, if so, details may be given and/or whether any such application is pending consideration before the

State Government or Government of India?

XI. Has the applicant or any of his partners/Directors who are also partners/Directors of any other company

or its associate concerns are being proceeded against and have been debarred from getting any License or Letter

of Intent or Letter of Permission under the Foreign Trade (Development and Regulation) Act, 1992/Custom Act,

1962/Foreign Exchange Management Act, 1999/Central Excise Act, 1944.

Place :_________ Signature of the Applicant ____________________

Date :________ Name in Block Letters ____________________

Designation ____________________

Official Seal/Stamp_________________ Tel. No. ____________________

E-mail ____________________

Web-Site, if any ____________________

Full Residential Address ____________________

Note: Furnish 25 copies of the application with project report.

U N D E R T A K I N G

I/We hereby undertake to abide by the provisions of the Special Economic Zones Act, 2005 and rules and orders

made there-under.

I/We hereby declare that the above statements are true and correct to the best of my/our knowledge and belief.

I/We will abide by any other condition, which may be stipulated by the Government of India or the State

Government. I/We fully understand that any Letter of Approval granted to me/us on the basis of the statement

furnished is liable to cancellation or any other action that may be taken having regard to the circumstances of the

case if it is found that any of the statements or facts therein are incorrect or false. An affidavit duly sworn in

support of the above information is enclosed.

Place :_________ Signature of the Applicant ____________________

Date :________ Name in Block Letters ____________________

Designation ____________________

Official Seal/Stamp_________________ Tel. No. ____________________

E-mail ____________________

Web-Site, if any ____________________

Full Residential Address ____________________

 

 

 

 

 

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