Friday, June 22, 2007

Special Explotation Zone

Special Explotation Zone has the following features:

** 10 year tax holidays - 100 % Income Tax Holidays for the first five years, 50% for the next five years
** Exemptions from duties, taxes and local levies including levies on construction material and stamp duty on land, zero customs duty on inputs, self-certification
** Public Utility Service" status
** Single window clearances
** In-house customs clearances
** Exempted from paying service tax

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