KIADB Food Processing SEZ, Hassan
KIADB Food Processing SEZ, Hassan is a Special Economic Zone located in Hassan, India, with Karnataka Industrial Area Development Board (KIADB) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Hassan, India |
| Companies | 1 |
| Governing Authority | Karnataka Industrial Area Development Board (KIADB) |
Recorded Benefits and Incentives
100% income tax exemption on export income for SEZ units for the first 5 years, 50% for the next 5 years, and 50% of the ploughed back export profit for the subsequent 5 years under Section 10AA of the Income Tax Act; zero-rated supplies under GST for goods and services to SEZ units; exemption from customs duties on import of capital goods, raw materials, and other goods for authorized operations.
Verify eligibility and current terms with the zone authority.
About KIADB Food Processing SEZ, Hassan
Historical KIADB food-processing SEZ in Hassan District, notified in April 2007. S.O.1217(E) of 21 March 2016 rescinded the notification for full de-notification; original notified area was 159.733 hectares.
Frequently Asked Questions
What type of zone is KIADB Food Processing SEZ, Hassan?
KIADB Food Processing SEZ, Hassan is a Special Economic Zone.
Where is KIADB Food Processing SEZ, Hassan located?
KIADB Food Processing SEZ, Hassan is located in Hassan, India.
Which governing authority is listed for KIADB Food Processing SEZ, Hassan?
SEZ Explorer records Karnataka Industrial Area Development Board (KIADB) as the governing authority for KIADB Food Processing SEZ, Hassan. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for KIADB Food Processing SEZ, Hassan?
SEZ Explorer's current record lists: 100% income tax exemption on export income for SEZ units for the first 5 years, 50% for the next 5 years, and 50% of the ploughed back export profit for the subsequent 5 years under Section 10AA of the Income Tax Act; zero-rated supplies under GST for goods and services to SEZ units; exemption from customs duties on import of capital goods, raw materials, and other goods for authorized operations. Verify eligibility and current terms with the zone authority.