The SEZ Act, 2005 which came, into effect in February 2006 has certain objectives. In this context, consider the following:

Question

The SEZ Act, 2005 which came, into effect in February 2006 has certain objectives. In this context, consider the following:

The SEZ Act, 2005 which came, into effect in February 2006 has certain objectives. In this context, consider the following:

1. Development of infrastructure facilities.

2. Promotion of investment from foreign sources.

3. Promotion of exports of services only.

Which of the above are the objectives of this Act?

(a) 1 and 2 only (b) 3 only (c) 2 and 3 only (d) 1, 2 and 3

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Salim Ahmed Kawsar · Answer 1 · Feb 05, 2023 15:29:48

(a) The objectives of establishing SEZs Special export Zones include making available goods and services free of taxes and duties supported by an integrated infrastructure for export production, and single window approval mechanism and a package of incentives to attract foreign and domestic investments for promoting export-led growth.

The SEZ Act, 2005 which came, into effect in February 2006 has certain objectives. In this context, consider the following:

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