Surat Apparel Park
Surat Apparel Park is a Industrial Park located in Vanz, Surat, India, with Gujarat Industrial Development Corporation (GIDC) listed as its governing authority.
Key Facts
| Type | Industrial Park |
|---|---|
| Location | Vanz, Surat, India |
| Area | 120 hectares |
| Companies | 5 |
| Governing Authority | Gujarat Industrial Development Corporation (GIDC) |
| Status | operational |
Recorded Benefits and Incentives
SEZ units receive 100% Income Tax exemption on export income for the first 5 years, followed by 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. Benefits include duty-free import/domestic procurement, exemptions from customs and excise duties, GST (zero-rated supplies), and simplified clearances.
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
Surat Apparel Park is listed with a sector focus including Apparel and Textiles.
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 Vanz, Surat, 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 sectors are listed for Surat Apparel Park?
Surat Apparel Park is listed with a sector focus including Apparel and Textiles.
Which benefits and incentives are recorded for Surat Apparel Park?
SEZ Explorer's current record lists: SEZ units receive 100% Income Tax exemption on export income for the first 5 years, followed by 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. Benefits include duty-free import/domestic procurement, exemptions from customs and excise duties, GST (zero-rated supplies), and simplified clearances. Verify eligibility and current terms with the zone authority.