Govt. of Gujarat's Policy on SEZ

Govt. of Gujarat's Policy on SEZ has been formulated under the Gujarat Act No. 11 and is applicable to all SEZs that are in the state. The Gujarat Government's Policy on SEZ has been made in order to encourage the setting up of more SEZs in the state.

The various SEZ in Gujarat are Surat SEZ, Kundla SEZ, and the proposed SEZs in the state are at Dahej, Positra, and Mundra. The various polices of the Gujarat Government with regard to SEZ are that in the state all SEZs will be called Industrial Township, the development commissioner will do the management of the SEZs for he will grant permissions with regard to all aspects of SEZs and these will be cleared as single- point from his office.

These will include land allocation, building plan approval, unit registration, approval for the construction of building, environmental clearance, power connection, and water requirement. Further, Govt. of Gujarat's Policy on SEZ is that the SEZ authority would take the responsibility to ensure that there is continuous power supply to the units in SEZ.

Gujarat Government's Policy with regard to SEZ are that the developer of SEZ will be allowed to do power arrangement by setting up of power project as independent producer and also do distribution and transmission of power. The developer of SEZ will approve connections of power and will also carry out in the SEZ the billing of units. According to Govt. of Gujarat's Policy on SEZ, the units in SEZ will be exempted from paying the electricity duty for a period of 10 years from the day that production starts, the units in SEZ will be given automatic approval for the setting up of power captive plant, and all kinds of clearances for environment will be given by the development commissioner except a few that fall under GOI purview.

The various polices of the Gujarat Government related to SEZ are that the developer of SEZ will be given the permission for the building of water supply and its distribution system which will ensure sufficient water supply to all the units of SEZ, labor laws implementation in the SEZ will be made simple, and exemption of sales tax as well as many other taxes on transactions in the SEZ. Further Govt. of Gujarat's Policy on SEZ are that there will be an exemption on the payment of registration fees and stamp duty on land transactions, deeds, and financial agreement. Also in the SEZ, the industrial units will be declared as Public Utility Service and the industrial units will have to file consolidated annual report (CAR) once each year.

Govt. of Gujarat's Policy on SEZ as seen is such that it encourages the setting up of more SEZs in the state. And so in the future also the government must continue to make such efforts for SEZs help to bring in economic prosperity in the state.