G.R. Dt. 9th March, 2012 – Department of Revenue and Forest – Sub- N.A Exemption for SEZ and MIHAN Projects in Maharashtra

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Granting Non- Agricultural Tax Exemption and Financial Incentives for the Developers/Units of MIHAN and other Special Economic Zones Notified by the Central Government

Government of Maharashtra

Department of Revenue and Forest

Government Resolution No:- NAA-1111/Pra.Kra.110/L-5

Mantralaya, Mumbai-400 032

Dated 9th  March, 2012

Reference:-

[1] Government Resolution in the Department of Industry, Energy and Labour, bearing No:- ACZ-2010/CR-534/Udyog-2, Dt. 15.10.2011.

[2] Minutes of the State Cabinet Meeting Dt. 14.09.2011.

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Preface:-

            With a view to securing development of the industrial sector in the country, boosting exports and inducing large scale employment generation through the means of private sector investment, as well as infrastructural development through Public Sector and commissioning various export viable industries, the State Cabinet in its Meeting Dt. 14.09.2011 decided to confer various incentives on the Developers and the Units in the Notified Special Economic Zones in the State,  as per the provisions of Section 3(10) of the Special Economic Zone Act, 2005 of the Central Government. In furtherance thereof, the Department of Industries, Energy and Labour, vide its above referred Government Resolution at Sr. No.2, Dt. 15.10.2011 has resolved to grant various financial incentives. In furtherance thereof, the Government contemplated the matter of granting exemption from Non-Agricultural Assessment levied under the provisions of the Maharashtra Land Revenue Code, 1966. 

Government Resolution:-

            Pursuant to the decision taken by the State Cabinet in its Meeting Dt. 14.09.2011 and as per the provisions of Section 3(10) of the Special Economic Zone Act, 2005 of the Central Government, the Developers of the Notified Special Economic Zones in the State and the Units, thereof, are hereby granted exemption from the Non-Agricultural Assessment levied as per the provisions of the Maharashtra Land Revenue Code, 1966, subject to the following conditions:-

            1] These incentives shall be permissible to the Developers and the Units for such matters and for such areas for which the Central Government has permitted/shall permit various concessions in respect of the Developers and the Units of Processing Areas of Special Economic Zone Notified under the Special Economic Zone Act, 2005.

            2] These incentives shall be applicable for the next 25 years or during the period until the passage of the proposed Maharashtra Special Economic Zone and their Designated Areas Act, 2010 Bill, whichever is earlier.

                3] These incentives shall be applicable to the Developers of the Special Economic Zones and the Units, thereof, notified under Section 3(10) of the Bill pertaining to the Maharashtra Special Economic Zones and their Designated Areas Act, 2010.

            2. This Government Resolution has been published on the website of the Government of Maharashtra viz. www.maharashtra.gov.in and its Computer Code Number is 2012030910270939001.

            By the order and in the name of the Governor of Maharashtra,

                                                                                                Sd/- 09/03/2012

                                                                                                [D.H. Kadam]

                                                                        Desk Officer, Government of Maharashtra

Copy:-

[1] The Secretary to the Hon’ble Governor,

[2] The Principal Secretary to the Hon’ble Chief Minister,

[3] The Secretary to the Hon’ble Deputy Chief Minister,

[4] Private Secretaries to Hon’ble Ministers and Hon’ble Ministers of State (All), Mantralaya, Mumbai -32,

[5] Hon’ble Members of the Legislative Assembly and Legislative Council (All),

[6] The Deputy Secretary to the Hon’ble Chief Secretary, Mantralaya, Mumbai-32,

[7] The Director General, Directorate of Information and Public Relations, Mumbai (5 Copies),

[8] Divisional Commissioners (All),

[9] District Collectors (All),

[10] The Accountant General (Audit) (Accounts & Entitlement) 1/2, Maharashtra State, Mumbai/Nagpur,

[11] The Personal Assistant to the Principal Secretary (Revenue), Mantralaya, Mumbai -32,

[12] Joint Secretaries/Deputy Secretaries (All), Department of Revenue and Forest,

[13] All Under Secretaries/Desk Officers, Department of Revenue and Forest,

[14] Select File, L-5.

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[Text Translated by Adv. Prakash Manohar Chalke

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