M/S. Bharatiya International SEZ Ltd
M/S. Bharatiya International SEZ Ltd is a Special Economic Zone located in Nellore, India, established in 2007, with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Nellore, India |
| Year Established | 2007 |
| Area | 100 hectares |
| Companies | 1 |
| Governing Authority | Andhra Pradesh Industrial Infrastructure Corporation (APIIC) |
| Status | operational |
Recorded Benefits and Incentives
The zone offers a 100% income tax exemption on export income for the initial five years, followed by 50% for the subsequent five years, and 50% on ploughed-back export profits for another five years. Benefits include exemption from Central Sales Tax, Service Tax, and State sales tax (now zero-rated under GST). Units also benefit from duty-free import/domestic procurement, a 50% exemption on Stamp Duty and Registration Fees, and exemption from Electricity Duty and Taxes. A simplified regulatory framework is in place.
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
M/S. Bharatiya International SEZ Ltd is listed with a sector focus including Leather and Apparel.
About M/S. Bharatiya International SEZ Ltd
M/S. Bharatiya International SEZ Ltd in Nellore, India, is a sector-specific Special Economic Zone primarily focused on the Leather Product industry. Initially approved for an area of 107.49 acres, it aims to boost leather manufacturing and exports from India. The zone provides a conducive environment for businesses in the leather sector, contributing to regional economic development and job creation. It is part of a broader development vision for industrial growth in Andhra Pradesh.
Frequently Asked Questions
What type of zone is M/S. Bharatiya International SEZ Ltd?
M/S. Bharatiya International SEZ Ltd is a Special Economic Zone.
Where is M/S. Bharatiya International SEZ Ltd located?
M/S. Bharatiya International SEZ Ltd is located in Nellore, India.
When was M/S. Bharatiya International SEZ Ltd established?
M/S. Bharatiya International SEZ Ltd was established in 2007.
Which governing authority is listed for M/S. Bharatiya International SEZ Ltd?
SEZ Explorer records Andhra Pradesh Industrial Infrastructure Corporation (APIIC) as the governing authority for M/S. Bharatiya International SEZ Ltd. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for M/S. Bharatiya International SEZ Ltd?
M/S. Bharatiya International SEZ Ltd is listed with a sector focus including Leather and Apparel.
Which benefits and incentives are recorded for M/S. Bharatiya International SEZ Ltd?
SEZ Explorer's current record lists: The zone offers a 100% income tax exemption on export income for the initial five years, followed by 50% for the subsequent five years, and 50% on ploughed-back export profits for another five years. Benefits include exemption from Central Sales Tax, Service Tax, and State sales tax (now zero-rated under GST). Units also benefit from duty-free import/domestic procurement, a 50% exemption on Stamp Duty and... Verify eligibility and current terms with the zone authority.