ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Commerce Secretary engages SEZ stakeholders, assures review of key policy concerns

During the meeting, the representatives from Special Economic Zone (SEZ) units and developers highlighted issues related to the Special Economic Zone(SEZ) including Domestic Tariff Area (DTA) transactions, duty foregone, ICEGATE connectivity constraints, import monitoring systems, and reverse job work challenges faced by MSMEs.

ANI Nov 21, 2025 19:52 IST googleads

Commerce Secretary Rajesh Agrawal (Photo/ANI)

Chennai [India], November 21 (ANI): The Export Promotion Council for EOUs & SEZs (EPCES) organized an industry interface bringing together over 150 stakeholders for an interaction with Commerce Secretary Rajesh Agrawal in Chennai on Friday.
During the meeting, the representatives from Special Economic Zone (SEZ) units and developers highlighted issues related to the Special Economic Zone(SEZ) including Domestic Tariff Area (DTA) transactions, duty foregone, ICEGATE connectivity constraints, import monitoring systems, and reverse job work challenges faced by MSMEs.
Further, the IT/ITES stakeholders raised concerns over rules on vacant built-up area classification, timelines for renewal of Letters of Approval (LoA), and procurement attestation requirements that differ from GST norms.
The stakeholders drew Commerce Secretary's attention to the lack of parity for SEZ units under concessional import duty and duty drawback schemes available to DTA units, operational inefficiencies introduced by the new Procurement Certificate process, countervailing duties imposed by the US, and the need to review QCO applicability for SEZ-to-DTA sales, particularly in cases such as KASEZ.
Responding to the issues, the Commerce Secretary thanked EPCES for enabling direct industry engagement and assured that the Ministry would examine each challenge in detail with a view to strengthening ease of doing business, the Commerce Ministry said in a statement.
He noted that shifts in global value chains, increased demand for DTA market access, and the evolving impact of FTAs necessitate SEZ policies that align with current economic realities.
The Commerce Secretary also emphasised the importance of long-term vision and data-driven policymaking, urging industry to prepare structured analyses to support reform considerations.
He assured stakeholders that connectivity concerns with BSNL and issues related to import monitoring systems would be reviewed, reiterating the Government's commitment to enhancing the SEZ ecosystem to make it more dynamic, responsive and globally competitive. (ANI)

Get the App

What to Read Next

Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

Indian envoy in Shanghai meets Ant Group top official

Indian envoy in Shanghai meets Ant Group top official

Consulate General of India in Shanghai Pratik Mathur on Thursday met Carrie Suen, Vice President and Head of Global Affairs and Strategic Development of Ant Group.

Read More
Business

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

New Delhi [India], March 12: There is something quietly powerful about a window... It neither confines nor escapes. It simply allows us to look, to pause, to breathe between inner and outer worlds. In The Painted Window, multi-award-winning contemporary artist Nandita Desai turns this everyday architectural element into the soul of her fifth solo exhibition, transforming vintage and handcrafted windows into luminous works of art. Running from 16th to 21st March 2026 at the Kamalnayan Bajaj Art Gallery, Nariman Point, Mumbai, the exhibition brings together 50 artworks - windows that look outward at the world, and inward at memory and quiet reflection.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.