Ministry of Finance TheDollarBusiness

An Area to set up SEZ for IT/IT enabled services

Dated 16th February, 2017 | Copy of | Notifiaction No. Sl.9

WHEREAS, M/s. Vatika Jaipur SEZ Developers Ltd had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone for information technology/information technology enabled services at Jaipur-Ajmer Expressway, Jaipur in the State of Rajasthan;

AND, WHEREAS, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4 of the said Act read with rule 8 of the Special Economic Zones Rules 2006, had notified an area of 20.1366 hectares at above Special Economic Zone vide Ministry of Commerce and Industry Notification Number S.O.2123(E) dated 12th December, 2007;

AND, WHEREAS, M/s. Vatika Jaipur SEZ Developers Ltd has proposed for full de-notification of 20.1366 hectares area at the above Special Economic Zone and the Central Government has granted letter of approval for de-notification of above area on 16th September, 2013;

AND, WHEREAS, the State Government of Rajasthan has given its “No Objection” to the proposal vide their letter No.P.4(16)/Industries/1/2016, dated 17th August, 2016; AND, WHEREAS, the Development Commissioner, Noida Special Economic Zone has recommended the proposal for full de-notification of the Special Economic Zone;

NOW, THEREFORE, in exercise of the powers conferred by first proviso to rule 8 of the Special Economic Zones Rules 2006, the Central Government hereby rescinds the above notification except as respects things done or omitted to be done before such rescission.

Sd/-
(Alok Vardhan Chaturvedi)
Addl. Secy.

S.O.562(E)
F.No.F.2/46/2006-SEZ
Issued by:
Ministry of Commerce and Industry
(Department of Commerce)
New Delhi

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The Dollar Business Bureau - Feb 28, 2017 12:00 IST