Ministry of Finance TheDollarBusiness

S.O.1031(E) dated 31.03.2017 amended Sl.24

Dated 31st March, 2017 | Copy of | Notification Sl.24 |

Whereas, M/s. Infosys Limited has 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 IT/ITES at Electronic City, Doddathogur Village, Begur Hobli, Bangalore, in the State of Karnataka;

And, whereas, the Central Government is satisfied that requirements under sub-section (8) of section 3 of the said Act, and other related requirements are fulfilled and it has granted letter of approval under subsection (10) of section 3 of the said Act for development, operation and maintenance of the above sector specific Special Economic Zone on 13th June 2016;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules, 2006, hereby notifies the 4.063 hectares area at above location with survey numbers given in the table below as a Special Economic Zone, namely:

S.O.1031(E) dated 31.03.2017 amended Sl.24

And, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) of section 13 of the Special Economic Zones Act, 2005 (28 of 2005), hereby constitutes a Committee to be called the Approval Committee for the above Special Economic Zone for the purposes of section 14 of the said Act consisting of the following Chairperson and Members, namely:-

S.O.1031(E) dated 31.03.2017 amended Sl.24

And, therefore, the Central Government, in exercise of the powers conferred by sub-section (2) of section 53 of the Special Economic Zones Act, 2005 (28 of 2005), hereby appoints the 31st day of March, 2017 as the date from which the above Special Economic Zone shall be deemed to be Inland Container Depot under section 7 of the Customs Act, 1962 (52 of 1962).

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

S.O.1031(E)
F.No.F.1/16/2016-SEZ
Issued by:
Ministry of Commerce and Industry
(Department of Commerce)
New Delhi

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The Dollar Business Bureau - May 01, 2017 12:00 IST