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In force

The Special Economic Zones Act, 2005

57 sections · As amended up to 2026-08

Sections

  1. I — PRELIMINARY
  2. 1Short title, extent and commencement
  3. 2Definitions
  4. II — ESTABLISHMENT OF SPECIAL ECONOMIC ZONE
  5. 3Procedure for making proposal to establish Special Economic Zone
  6. 4Establishment of Special Economic Zone and approval and authorisation to operate it to, Developer
  7. 5Guidelines for notifying Special Economic Zone
  8. 6Processing and non-processing areas
  9. 7Exemption from taxes, duties or cess
  10. VIII — MISCELLANEOUS
  11. 8The Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957)
  12. III — CONSTITUTION OF BOARD OF APPROVAL
  13. 9Duties, powers and functions of Board
  14. 10Suspension of letter of approval and transfer of Special Economic Zone in certain cases
  15. IV — DEVELOPMENT COMMISSIONER
  16. 11Development Commissioner
  17. 12Functions of Development Commissioner
  18. V — SINGLE WINDOW CLEARANCE
  19. 13Constitution of Approval Committee
  20. 14Powers and functions of Approval Committee
  21. 15Setting up of Unit
  22. VIII — MISCELLANEOUS
  23. 16The Additional Duties of Excise (Textile and Textile Articles) Act, 1978 (40 of 1978)
  24. V — SINGLE WINDOW CLEARANCE
  25. 17Setting up and operation of Offshore Banking Unit
  26. 18Setting up of International Financial Services Centre
  27. 19Single application form, return, etc
  28. 20Agency to inspect
  29. 21Single enforcement officer or agency for notified offences
  30. 22Investigation, inspection, search or seizure
  31. 23Designated Courts to try suits and notified offences
  32. 24Appeal to High Court
  33. 25Offences by companies
  34. VI — SPECIAL FISCAL PROVISIONS FOR SPECIAL ECONOMIC ZONES
  35. 26Exemptions, drawbacks and concessions to every Developer and entrepreneur
  36. 27Provisions of Income-tax Act, 1961 to apply with certain modification in relation to Developers and entrepreneurs
  37. 28Duration of goods or services in Special Economic Zones
  38. 29Transfer of ownership and removal of goods
  39. 30Domestic clearance by Units
  40. VII — SPECIAL ECONOMIC ZONE AUTHORITY
  41. 31Constitution of Authority
  42. 32Officers of Authority and other staff
  43. 33Special provision for transfer of officers or other employees to Authority
  44. 34Functions of Authority
  45. 35Grants and loans by Central Government
  46. 36Constitution of Fund and its application
  47. 37Accounts and audit
  48. 38Directions by Central Government
  49. 39Returns and reports
  50. 40Power to supersede Authority
  51. VIII — MISCELLANEOUS
  52. 42Reference of dispute
  53. 43Limitation
  54. 44Applicability of provisions of this Act to existing Special Economic Zones
  55. 45Person to whom a communication may be sent under this Act
  56. 46Identity Card
  57. 47Authorities responsible for administration
  58. 48Protection of action taken in good faith
  59. 49Power to modify provisions of this Act or other enactments in relation to Special Economic Zones
  60. 50Power of State Government to grant exemption
  61. 51Act to have overriding effect
  62. 52Certain provisions not to apply
  63. 53Special Economic Zones to be ports, airports, inland container depots, land stations, etc., in certain cases
  64. 54Amendment to First Schedule
  65. 55Power to make rules
  66. 56Power to remove difficulties
  67. 57Amendment of certain enactments
  68. 58Savings