The Commerce Ministry convenes a stakeholders’ meeting on June 30 to discuss reforms to India’s Special Economic Zones (SEZs) and related export-policy frameworks. An official says the discussions will focus on harmonising export promotion schemes and on broader changes to the SEZ policy. The government is also conducting a background study aimed at aligning and rationalising how different export-related schemes operate alongside SEZs. Sources describe coverage that includes export-oriented units (EoUs) and operations in free trade warehousing and warehouses, as well as authorisation-based programmes such as Advance Authorisation (AA) and duty-free import authorisation (DFIA), and export promotion for capital goods (EPCG). The deliberations are also expected to address operational and trade facilitation issues within SEZs. These include matters such as payments in rupees (INR) from SEZ units to the domestic tariff area (DTA) for services, allowing job work by SEZ units for DTA without an export linkage, and import substitution measures. Separately, the government has set up a 17-member committee to propose larger reforms for SEZ policy.
Commerce Ministry to hold June 30 stakeholders’ meet on SEZ policy reforms
The Commerce Ministry convenes a stakeholders’ meeting on June 30 to discuss reforms to India’s Special Economic Zones (SEZs) and related export-policy frameworks. An official says the discussions wil...
- The Commerce Ministry holds a stakeholders’ meeting on June 30 to discuss SEZ issues and reforms.
- The meeting focuses on harmonising export promotion schemes and SEZ policy reforms.
- A 17-member committee is set up to suggest larger reforms and a background study is underway.
- Planned discussions include INR payments from SEZ units to the DTA for services and job work for DTA without export linkage.
- The background work covers multiple schemes including EoUs, free trade/warehouse operations, Advance Authorisation (AA), DFIA, and EPCG.
<p>The commerce ministry has convened a meeting of stakeholders tomorrow to discuss critical issues affecting India's special ec</p>
1 month agoThe meeting will focus on issues related to the harmonisation of export promotion schemes and SEZ reforms, an official said
1 month agoThe government has set up a 17-member committee to suggest larger reforms in the policy for these zones. It is undertaking a background study focused on the harmonisation of various prevalent export promotion schemes, including SEZs, export-oriented units (EoUs), manufacturing and other operations in warehouses, advance authorisation (AA), export promotion for capital goods, and duty free import authorisation (DFIA)
1 month agoThe Commerce Ministry is convening a stakeholder meeting on June 30 to discuss crucial reforms for Special Economic Zones (SEZs). The focus will be on harmonizing export promotion schemes and simplifying business operations within these enclaves. Discussions will cover issues like domestic payments, job work, and import substitution, aiming to modernize the SEZ policy in line with evolving global trade dynamics.
1 month agoThe commerce ministry has called a meeting of stakeholders on June 30 to discuss issues related to special economic zones (SEZs), an official said. The meeting will focus on issues related to the harmonisation of export promotion schemes and SEZ reforms, the official said. The issues which are expected to figure in the deliberations include INR payment for SEZS to domestic tariff area (DTA) services; job work by units of these zones for DTA without linkage to exports, import substitution, reforms in the free trade warehousing zones, and further promoting ease of doing business in these enclaves. The government has set up a 17-member committee to suggest larger reforms in the policy for these zones. It is undertaking a background study focused on the harmonisation of various prevalent export promotion schemes, including SEZs, export-oriented units (EoUs), MOOWR (Manufacturing and Other Operations in Warehouse), Advance Authorisation (AA), EPCG (export promotion for capital goods), a
1 month agoThe meeting will focus on issues related to the harmonisation of export promotion schemes and SEZ reforms, the official said.
1 month ago
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