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Government plans to ease forex rule for SEZ services exports to domestic tariff areas
The current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised in foreign exchange, although there is no such requirement in case of supply of goods to DTA entities.
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thehindubusinessline.com
Cabinet note in the works to end forex rule for SEZ services
The Cabinet is set to amend the SEZ Act, allowing INR payments for services, boosting various sectors and enhancing domestic opportunities.
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economictimes.indiatimes.com
Government plans to ease forex rule for SEZ services exports to domestic tariff areas
The current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised in foreign exchange, although there is no…
