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Special Economic Zones Policy

SEZ
The Government of Maharashtra has adopted the SEZ Policy for developing Special Economic Zones in the state. The SEZs, earmarked as duty-free enclaves, have a relaxed and business friendly policy regime, aimed at promoting rapid industrial development and employment generation.
The approved policy regime includes:
Exemption of all state and local taxes and levies for transactions with the SEZ and for supply from domestic tariff areas to the SEZ
Exemption from stamp duty and registration fees
Grant of labour and environment related permits and approvals through a dedicated single window mechanism
Permission to generate electricity for own consumption
Expeditious process for land acquisition to set up SEZs

The SEZ Policy aims at creating a simple and transparent system and procedures to attract large foreign and domestic investment in infrastructure for SEZ’s in Maharashtra.

SEZ policy of Maharashtra provides attractive incentives as follows:
Hundred per cent exemption from Stamp Duty and Registration Fees
Permission for Captive Power Generation
Micro, Small and Medium Enterprise Policy highlights
Government is planning to initiate measures for availability of cheap and timely finance, technology up-gradation, upgradation of skill sets of those employed in MSME enterprises and marketing.
Setting up of a special institution for the SMEs
New small scale industries are eligible for capital subsidy
Special capital incentives (grants) are offered for setting up Small-scale industries in backward units
Interest subsidy is also offered to new textile, hosiery and knitwear SSI units
Incentives to promote quality competitiveness, research and development and technology up-gradation
SEZ