Transfer of Units from One SEZ to Another Only Through Department of Commerce and Not Thru BoA - Clarification
[MoC&I Instruction No. F.5/1/2019-SEZ dated 20 March 2019]
Subject: - Clarification regarding request for transfer of units from one SEZ to another.
It has come to the notice of this department that proposals for transfer of units from one SEZ to another are being forwarded to DoC for consideration and approval of the BoA as per Inst. No. 59 dated 18.06.2010. However, the BoA in its 58th meeting held on 12th June 2013 (extract of minutes enclosed) has already directed that all such cases in future should be processed by DoC on file.
2. It is, therefore, clarified that Instruction No. 59 issued earlier regarding transfer of units from one SEZ to another is redundant and all such cases in future should be submitted accordingly.
3. This issues with the approval of competent authority.
Encl: As above