Surat Special Economic Zone
Surat Special Economic Zone is a Special Economic Zone located in Sachin, Surat, India, established in 2000, regulated by the Diamond and Gem Development Corporation Limited (DGDC).
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Sachin, Surat, India |
| Year Established | 2000 |
| Area | 243 hectares |
| Companies | 250 |
| Governing Authority | Diamond and Gem Development Corporation Limited (DGDC) |
| Status | active |
Investment Incentives
Duty-free enclave, foreign territory status for trade, drawback and DEPB benefit, exemption from Central Sales Tax and service tax, capitalization of imported capital goods, job work for domestic exporters, positive foreign exchange earner, no standard input/output norms, exemption from Industrial License, 15-year Corporate Tax holiday (100% for first 5 years, 50% for next 5 years, up to 50% for balance 5 years), exemption from Customs duty, exemption from Central Excise duty, exemption from Customs/Excise duty on construction materials, self-certification for import/export, no routine Customs/Excise examinations, exemption from stamp duty and registration fees, exemption from electricity duty, public utility service status, captive power plant setup, relaxation in labor laws, offshore Banking Unit (OBU) provision, write-off of unrealized exports, 100% FDI in manufacturing via automatic route, 100% foreign exchange retention in EEFC account, branch office for foreign companies
Sector Focus
Surat Special Economic Zone hosts businesses specialising in Textiles and Gems And Jewelry.
About Surat Special Economic Zone
Surat Special Economic Zone (SURSEZ) is a multi-product zone welcoming all types of non-polluting industries. It is strategically located near Mumbai, offering excellent connectivity and developed infrastructure including roads, sewage, water, and electricity. The zone benefits from an abundant, skilled workforce and provides a fully developed residential colony with amenities, along with an Inland Container Depot for efficient logistics.
Frequently Asked Questions
What type of zone is Surat Special Economic Zone?
Surat Special Economic Zone is a Special Economic Zone.
Where is Surat Special Economic Zone located?
Surat Special Economic Zone is located in Sachin, Surat, India.
When was Surat Special Economic Zone established?
Surat Special Economic Zone was established in 2000.
Who regulates Surat Special Economic Zone?
Surat Special Economic Zone is regulated by the Diamond and Gem Development Corporation Limited (DGDC).
What sectors operate in Surat Special Economic Zone?
Surat Special Economic Zone hosts businesses in Textiles and Gems And Jewelry.
What are the investment incentives at Surat Special Economic Zone?
Duty-free enclave, foreign territory status for trade, drawback and DEPB benefit, exemption from Central Sales Tax and service tax, capitalization of imported capital goods, job work for domestic exporters, positive foreign exchange earner, no standard input/output norms, exemption from Industrial License, 15-year Corporate Tax holiday (100% for first 5 years, 50% for next 5 years, up to 50% for balance 5 years), exemption from Customs duty, exemption from Central Excise duty, exemption from...