Thursday, July 15, 2010

NOD FOR SEZ UNIT MIGRATION

The government has allowed industrial units to shift from one special economic zones (SEZ) to another after approval of the apex authority, the board of approval (BOA). The permission to relocate units will be given on a case-to-case basis by the BOA, a commerce department official has said. The board, chaired by commerce secretary, clears SEZ, proposals and frames rules guiding these zones.

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