Surat Apparel Park
Surat Apparel Park is a Industrial Park located in Choryashi, India, with Gujarat Industrial Development Corporation (GIDC) listed as its governing authority.
Key Facts
| Type | Industrial Park |
|---|---|
| Location | Choryashi, India |
| Area | 21.26 hectares |
| Companies | 5 |
| Governing Authority | Gujarat Industrial Development Corporation (GIDC) |
| Status | operational |
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 ploughed back profit for the subsequent 5 years under Section 10AA of the Income Tax Act, Duty-free import/domestic procurement of goods, Exemptions from customs duties, excise duties, and GST (zero-rated supplies), Simplified clearances
Verify eligibility and current terms with the zone authority.
About Surat Apparel Park
The Surat Apparel Park, located in Vanz, Sachin, Surat, India, is a Special Economic Zone (SEZ) developed as a joint project between the Union textiles ministry and the Gujarat government. It is designed to promote manufacturing and export in the apparel and synthetic textile sectors. The park, developed by GIDC, offers 100 plots of 1,100 square meters each and aims to generate significant employment.
Frequently Asked Questions
What type of zone is Surat Apparel Park?
Surat Apparel Park is a Industrial Park.
Where is Surat Apparel Park located?
Surat Apparel Park is located in Choryashi, India.
Which governing authority is listed for Surat Apparel Park?
SEZ Explorer records Gujarat Industrial Development Corporation (GIDC) as the governing authority for Surat Apparel Park. Confirm its current jurisdiction and remit with the authority.
Which benefits and incentives are recorded for Surat Apparel Park?
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 ploughed back profit for the subsequent 5 years under Section 10AA of the Income Tax Act, Duty-free import/domestic procurement of goods, Exemptions from customs duties, excise duties, and GST (zero-rated supplies), Simplified clearances Verify eligibility and current terms with the zone authority.