RRBP Advisors

SEZ (Special Economic Zone)

SEZ (Special Economic Zone)

SEZ (Special Economic Zone)

SEZ advisory and compliance support for developers, co-developers and units operating under the SEZ framework.

Container port terminal representing SEZ export clearances
SEZ(Special Economic Zone)

SEZ advisory and compliance support for developers, co-developers and units operating under the SEZ framework.

For SEZ Developers

  • SEZ in-principle approval applications
  • SEZ formal approval assistance
  • Notification of SEZ
  • Area demarcation (Processing vs. Non-processing)
  • Expansion and reduction of SEZ area
  • Authorized operations approval
  • List of materials approval
  • List of services approval
  • Extension of in-principle and formal approval

For Co-Developers

  • Approval applications from Board of Approval (BOA)
  • Co-developer authorization
  • Authorized operations approval
  • List of materials and services approval
  • Co-development agreement advisory

For SEZ Units

  • Project report preparation
  • SEZ unit approval from Development Commissioner
  • Bond cum Legal Undertaking (LUT) approval
  • List of services approval
  • List of materials approval for authorized operations
  • Exemption certificates (Form A-1, I Form, etc.)
  • Import/export documentation
  • Annual Performance Report (APR) filing
  • SEZ unit compliance management

Ongoing Compliance

  • SEZ regulations compliance
  • Customs clearance support
  • DTA (Domestic Tariff Area) clearance
  • SEZ to DTA sale procedures
  • Duty calculation and payment
  • Bonding procedures
  • Periodic reporting to Development Commissioner
Scope of work

Unit approvals and the periodic SEZ compliance cycle, from Letter of Approval through to Annual Performance Reports.

Approvals & unit set-up

  • Approvals for setting up operations in an SEZ and for developers
  • Applications to SEZ, IFSCA, RBI, SEBI and IRDAI for the licence to operate
  • Letter of Approval and post-LOA compliances
  • Bonding, DTA sales and duty exemption filings

Periodic compliance

  • DPR, MPR, SERF, CCR and half-yearly declarations
  • Annual Performance Report preparation and submission
  • SOFTEX filing and reconciliation
  • Net foreign exchange earning tracking

SEZ filings now run alongside ICEGATE; both platforms are managed together.