Special Economic Zones (Amendment) Rules, 2019

Feb 13, 2019 | by Avantis RegTech Legal Research Team

Commercial Compliance

The Department of Commerce on January 31, 2019, has published Special Economic Zones (Amendment) Rules, 2019 to further amend Rule 42 of Special Economic Zones Rules, 2006 which specifies the Procedure for sub-contracting in Domestic Tariff Area or in a Unit in other Special Economic Zones or in Export Oriented Unit or in Electronic Hardware Technology Park Unit or in Software Technology Park Unit or Bio-technology Park Unit or sub-contracting abroad.

Under Rule 42(1)(ii)(h), after the proviso, the following proviso shall be inserted, namely:

“Provided further that in case of a gems and jewellery unit, studded gold jewellery, silver jewellery and imitation jewellery, the finished goods requiring further processing or semi-finished goods, taken outside the Special Economic Zone for sub-contracting by the unit, shall be brought back into the unit within forty-five days.”.

[ Notification No. G.S.R. 95(E)]

URL: http://egazette.nic.in/WriteReadData/2019/197120.pdf


Related Updates

Alternate Text

Get updates on the go on RuleZbook Mobile App.