**Summary:**
This notification, designated G.S.R. 1139(E), announces the Special Economic Zones 2nd Amendment Rules, 2018. Issued by the Ministry of Commerce and Industry, Department of Commerce, it was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), No. 837, on November 27, 2018.
The amendment, enacted under the powers conferred by Section 55 of the Special Economic Zones Act, 2005 (28 of 2005), modifies the Special Economic Zones Rules, 2006. Specifically, it amends Rule 41, sub-rule (1), clause (a), by inserting a new proviso. This proviso pertains to gems and jewelry units, stipulating that studded gold jewellery, silver jewellery, and imitation jewellery (whether finished goods requiring further processing or semi-finished goods) taken outside the Special Economic Zone for subcontracting must be returned to the unit within forty-five days.
The rules take effect on the date of their publication in the Official Gazette.
The notification is issued under F.No. C-21/2018-SEZ by B.B. Swain, Additional Secretary.
The principal rules were initially published under G.S.R. 54(E) on February 10, 2006, and last amended by G.S.R. 909(E) on September 19, 2018.
Key Entities Referenced
Special Economic Zones Act, 2005: An Indian law that provides the legal framework for the establishment and operation of Special Economic Zones in India.
Special Economic Zones Rules, 2006: The rules framed under the Special Economic Zones Act, 2005, providing detailed regulations for the functioning of SEZs.
Special Economic Zones 2nd Amendment Rules, 2018: An amendment to the Special Economic Zones Rules, 2006.
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry.
Department of Commerce: A department under the Ministry of Commerce and Industry, Government of India.
New Delhi: The capital city of India, where the notification was issued.
gems and jewellery unit: A type of unit operating within a Special Economic Zone that deals with gems and jewellery.
B. B. Swain: Additional Secretary, Ministry of Commerce and Industry.
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6869 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 9th November, 2018
G.S.R. 1139(E).—In exercise of the powers conferred by section 55 of the Special Economic Zones
Act, 2005 (28 of 2005), the Central Government hereby makes the following rules further to amend the
Special Economic Zones Rules, 2006, namely:—
1. Short title and commencement.—(1) These rules may be called the Special Economic Zones
(2nd Amendment) Rules, 2018.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Special Economic Zones Rules, 2006, in rule 41, in sub rule (1), in clause (a), after the proviso,
the following proviso shall be inserted, namely: -
“Provided further that in case of a gems and jewellery unit, studded gold jewellery, silver jewellery
and imitation jewellery, the finished goods requiring further processing or semi-finished goods, taken
outside the Special Economic Zone for sub-contracting by the unit shall be brought back into the unit
within forty-five days.”.
[F.No. C-2/1/2018-SEZ]
B. B. SWAIN, Addl. Secy
Note : The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-
section (i), vide notification number G.S.R 54(E), dated the 10th February, 2006 and last amended vide
notification number G.S.R. 909 (E), dated the 19 September, 2018.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.