Dcit, New Delhi vs M/S. Dlf Ltd., New Delhi on 27 May, 2019
IN
purchase land in SEZ. The assessee
company has also not followed any of the regulations stipulated in
SEZ Act as stated above. The AO thus ... SEZ includes various stages of execution of the project of SEZ such as
acquiring minimum area of land on which SEZ is required
Act of 2005 override the
provisions of the other taxing statutes including the income tax Act, the Central
Excise Act and the Customs Act ... Act of 2005 override the provisions of the other taxing statutes
including the Income tax Act, the Central Excise Act and the Customs Act
that though SEZs and EOUs, both are export promotion
schemes, they are governed by different provisions. SEZs are governed by SEZ Act,
2005 and Rules ... were in
accordance with the SEZ Act and SEZ Rules and the assessee complied with SEZ Act
and SEZ Rules.
30. The Ld. Authorized Representative
sales to Indian buyers by SEZ units as domestic
sales; civil, criminal or business laws are applicable to
SEZs; SEZ is treated as an Indian ... Supply of goods from DTA to the SEZ constitutes export.
(iv) Under Section 53 of the SEZ Act, an SEZ is deemed
SEZ
Developers & units in SEZ, thus, revealing that the exemption
was earlier available only to SEZ Developers & Units of SEZ ... SEZ
Act ,have been made by section 27 of the said Act , and the second
schedule to the Act . Section 27 of the SEZ Act
SEZ Act ,have
been made by section 27 of the said Act , and the second schedule to the Act . Section 27
of the SEZ Act ... developers and entrepreneurs carrying out authorized activities in SEZ's and Units and
the SEZ Act modified the provisions of the Income Tax Act
activity, assessee has a registered unit
in SEZ, Surat. So it is governed under the SEZ Act . Section 10AA of the Act,
which is introduced ... services' under the SEZ
Rules, 2006, trading also comes within its ambit. Section 51 of the SEZ Act has
6 ITA No. 3128
worn
clothing units in SEZ that are over and above the
provisions already provided in SEZ Act / Rules.
Page ... employment opportunities
(v) development of infrastructure facilities.
The SEZs being set up under the SEZ Act, 2005 and the
units being established therein are established
further acted in contravention of the provisions of Special
Economic Zone Act, 2005 and the Rules framed thereunder (SEZ
Rules, 2006).
11. Pursuant ... accordance with the object of
the SEZ described under Section 5 of SEZ Act, 2005; the petitioner
had indulged in wrongful activities and has been