Home India Ministry of Commerce and Industry The powers conferred by section 55 of the Special Economic Z...
Date: 2015-08-12 Category: Extra Ordinary State: Union Government Country: India

The powers conferred by section 55 of the Special Economic Zones Act, 2005 (28 of 2005), the Central Govt., hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely.

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

This notification, G.S.R. 627(E), issued by the Ministry of Commerce and Industry, Department of Commerce, on August 6th, 2015, introduces the Special Economic Zones Second Amendment Rules, 2015. These rules, enacted under the authority of Section 55 of the Special Economic Zones Act, 2005 (28 of 2005), further amend the Special Economic Zones Rules, 2006. The amendment, specifically targeting rule 30, sub-rule 1, expands the reference to include "ARE2 referred to in Notification number 21/2004-Central Excise NT, dated the 6th November, 2004" in addition to the existing reference to "ARE1 referred to in Notification number 42/2001-Central Excise NT, dated the 26th June, 2001." The rules took effect on the date of their publication in the Official Gazette, August 12th, 2015. The responsible Joint Secretary is Dr. Guruprasad Mohapatra, and the file number is F. No. D. 6/35/2011-SEZ Pt. The original Special Economic Zones Rules, 2006, were published under G.S.R. 54(E) on February 10th, 2006, and last amended under G.S.R. 564(E) on July 16th, 2015.

Key Entities Referenced

Ministry of Commerce and Industry: The Indian governmental ministry responsible for international trade and commerce. Department of Commerce: A department within the Ministry of Commerce and Industry. New Delhi: The location of the notification issuance. Special Economic Zones Act, 2005: The primary legislation authorizing the creation and regulation of Special Economic Zones in India. Central Government: The Government of India. Special Economic Zones Rules, 2006: The rules framed under the Special Economic Zones Act, 2005, providing detailed regulations for SEZs. Special Economic Zones Second Amendment Rules, 2015: An amendment to the Special Economic Zones Rules, 2006. Dr. GURUPRASAD MOHAPATRA: The Joint Secretary who signed the notification.
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