Ministry of Commerce and Industry : Special Economic Zones Amendment Rules, 2021

Ministry of Commerce and Industry : Special Economic Zones Amendment Rules, 2021


(Department of Commerce)


New Delhi, the 16 June, 2021

G.S.R. 424 (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:—

Special Economic Zones Amendment

1. Short title and commencement.-

(1) These rules may be called the Special Economic Zones (Amendment) Rules, 2021.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Special Economic Zones Rules, 2006 (hereinafter referred to as the said rules), after rule 21, the following rule shall be inserted, namely: -

"21A.  Setting  up  of  Unit  by  Multilateral  or  Unilateral  or  International  agencies  in  International Financial Services Centre. -

(1) A Multilateral  agency or Unilateral agency or  International agency notified under the  United Nations (Privileges and Immunities) Act, 1947 (46 of 1947) shall be allowed to set up their local or regional office in the International Financial Services Centre as an Unit.

(2) The application for setting up and operation of such Unit in the International Financial Services Centre shall be made before the Board of Approval through the concerned Development Commissioner.

(3) The terms and conditions for setting up and operations by such Units shall be laid down by the Board of Approval based on the recommendation of the Development Commissioner.

(4) Notwithstanding anything contained under these Rules, the Board of Approval may exempt such Units from any provisions of these Rules including provisions relating to positive Net Foreign Exchange earning or filing  of  Annual  Performance  Report  or  such  other  exemption,  based  on  the  recommendation  of  the Development Commissioner.

(5) The proposal for extension of the Letter of Approval of such Units shall be considered by the Board of Approval.".

[F.No. K-43014(16)/27/2019-SEZ]

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. 678(E), dated the 23rd October, 2020.

नोट :- हमारे वेबसाइट पर ऐसी जानकारी रोजाना आती रहती है, तो आप ऐसी ही सरकारी योजनाओं की जानकारी पाने के लिए हमारे वेबसाइट से जुड़े रहे। 


This week popular schemes

Uttar Pradesh Shramik Card Online Registration 2020 उत्तर प्रदेश श्रमिक कार्ड ऑनलाइन पंजीकरण 2020

प्रधानमंत्री ग्रामीण आवास योजना लाभार्थी सूची 2021 Pradhan Mantri Gramin Awas Yojana List 2021

प्रधानमंत्री आवास योजना ग्रामीण सूची। ऐसे देखे लिस्ट में अपना नाम ?

Ek Bharat Shrestha Bharat Activities in Schools : CBSE

Modi government will again increase the salary of central employees दिवाली से पहले केंद्रीय कर्मचारियों की मोदी सरकार फिर बढ़ेगी सैलरी, यहां जानें किसे कितना होगा फायदा?

Sainik School Admission 2021-22 (Class 6,9), Apply Online

7th Pay Commission Latest News GPF, Insurance, Ex-gratia Compensation Nomination Form Amended

YSR Pension Kanuka List 2021

Indian Navy Recruitment 10+2 Sailor Entry AA & SSR February 2022 Batch

Delhi Prevention and Control of Malaria, Dengue, Chikungunya or any Vector Borne Disease Regulations, 2021