Operating within an SEZ requires adherence to specific compliance norms aimed at boosting foreign exchange earnings and regulating trade.

• SEZ Act, 2005: All operations are governed by the SEZ Act and its rules. We ensure your business activities, from procurement to export, are fully compliant.
• Net Foreign Exchange (NFE) Earnings: SEZ units must be net foreign exchange positive over a 5-year block. We help you monitor, calculate, and report your NFE earnings to the authorities.
• Customs Regulations: We manage all documentation for duty-free import of goods (Bill of Entry for SEZ) and export of services (Softex Forms for IT/ITeS). We also guide you on the rules for DTA (domestic) sales, which attract full customs duties.
• Statutory Reporting: We ensure the timely submission of your monthly/quarterly progress reports and the mandatory Annual Performance Report (APR) to the Development Commissioner, GIFT SEZ.

We are your trusted representatives for all interactions with the authorities governing the GIFT SEZ, ensuring seamless operations.

• Development Commissioner, GIFT SEZ: The primary authority for all SEZ-related approvals, LoA issuance, and ongoing administration. We manage all communication and filings with this office.
• Unit Approval Committee (UAC): This committee, headed by the Development Commissioner, is responsible for approving new SEZ units. We represent your case before the UAC to secure approval.
• Designated Officer (Customs): The customs authority within the SEZ responsible for clearing all import and export consignments and overseeing bonding/de-bonding of premises.
• IFSCA (for Financial Services): For units involved in financial services, the IFSCA acts as the single regulator. We manage dual compliance with both SEZ and IFSCA regulations.

The SEZ framework provides some of the most powerful financial incentives for businesses in India, designed to make exports globally competitive.

• Duty-Free Procurement: Enjoy 100% exemption from customs duty on the import or domestic procurement of capital goods, raw materials, spare parts, and office equipment.
• GST Exemption: All supplies of goods or services to your SEZ unit are considered zero-rated under GST law, significantly reducing your input costs.
• Income Tax Holiday: SEZ units are eligible for a 15-year income tax holiday: 100% exemption on export profits for the first 5 years, 50% for the next 5 years, and a further 50% on ploughed-back export profits for the final 5 years.
• Single Window Clearance: The SEZ mechanism provides a streamlined single-window clearance for most approvals, managed by the Development Commissioner's office, ensuring ease of doing business.

We help you structure your operations to fully capitalize on these benefits, providing a significant boost to your bottom line.