unit in
SEZ and thus it claimed the deduction from the operations carried out therein
(SEZ Unit) under section 10AA of the Act amounting ... Similarly, SEZ unit will
have the same meaning as assigned to them under clause (za ) of section 2 of SEZ Act.
[Para
supply of goods from DTA to SEZ constitutes
export and that as per Section 51 of the SEZ Act, the provisions of the
SEZ Act ... SEZ Act, which, at the risk of
repetition, is extracted as hereunder:
“The provisions of the Income-tax Act,
1961 (Act
terms of Rule 27(3) of SEZ Rules,
2006 read with Section 26 of the SEZ Act, 2005;
iii.An amount ... SEZ Rules, 2006 read with Section 26 of the SEZ Act, 2005
as discussed above;
iv.Why interest at appropriate rates on the amount
SEZ
and as such impugned decision of the
respondent no.1 is in violation of
Section 10 of the SEZ Act read with the
Rule ... SEZ Act as well as the Securitisation Act ,
it would be germane to refer to the relevant
provisions of both the Acts.
(i) Section
SEZ Rules, 2006 and
has not passed any order for cancelling the letter of approval as
per Section 16 of the SEZ Act ... SEZ Act, 2005 and SEZ Rules, 2006.
6.1. Sections 8 and 16 of the SEZ Act, 2005 read thus :
" Section 8 Constitution of Board
owner of the SEZ buildings on payment of
development consideration, which is against the spirit of SEZ Act and Rules. 34th
Meeting
"The Board ... part of the SEZ buildings in accordance
with the SEZ Act , on such terms and conditions as the Co-developer may impose and
agreed
them within SEZ in
terms of a notification dated March 31, 2004 issued under section
4 SEZ
5 SEZ Act
6 SEZ Rules ... Customs
Act, 1962 , the Customs Tariff Act, 1975 , the Central Excise Act,
1944 , the Central Tariff Act, 1985 and the Finance Act, 1994 .
This
unit to
carry on the authorized operations in a SEZ. Section 51 of the SEZ
Act provides for an overriding effect to the provisions ... Customs Act, 1962 , the Customs Tariff
Act, 1975 , the Central Excise Act, 1944 , the Central Tariff Act, 1985
and the Finance Act, 1994 . This
SEZ Act, notified the offences contained in
Sections 111 , 113 and 115 etc of the Customs Act, 1962 , as offence under
the SEZ Act . Thus ... Department did not have jurisdiction within the SEZ area established under
SEZ Scheme read with SEZ Act . Accordingly, the order of confiscation and
penalty
under
SEZ Act . Section 10AA of the Act was introduced by The Special Economic
Zones Act, 2005 in the Income Tax Act ... light of the explanation given in SEZ rules as well as the definition contained in
SEZ Act, 2005 and facts being identical in the earlier
