I agree with Ms Subhaduti , ASF Isle-De-Royale is one the best projects to invest in . N I agree investing in a SEZ it gauntness 100% of 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. So Chintu If you planning you should go for it .
Hi, according to my knowledge, you can get exemption from customs/excise duties for development of SEZs for authorized operations approved by the BOA. Also the income tax exemption on income derived from the business of development of the SEZ in a block of 10 years in 15 years under Section 80-IAB of the Income Tax Act. Exemption from minimum alternate tax under Section 115 JB of the Income Tax Act and exemption from dividend distribution tax under Section 115O of the Income Tax Act.
Guys there are many benefist for SEZ's, as my frnd Mr Malakar said.... Also i would like to say that it also helps in exemption from Central Sales Tax. This is a great relief :)
Hi, Chetan, the benefits of investing in a SEZ it gauntness 100% of 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.