| • | A designated duly free enclave to be treated as foreign territory for trade operation, duties and tariffs. |
| • | Duty free import/domestic procurement of goods for development, operation and maintenance of SEZ units. |
| • | 100 % Income Tax exemption for SEZ units under Section 10AA of the Income Tax ACT for first 5 years, 50 % for next 5 years thereafter and 50 % of the ploughed back export profit for next 5 years. |
| • | Exemption from minimum alternate tax under section 115JB of the Income Tax Act. |
| • | External commercial borrowing by SEZ units up to US$ 500 million in a year without any maturity restriction through recognized banking channels. |
| • | Exemption from Central Sales Tax. |
| • | Exemption from Service Tax. |
| • | Single window clearance for Central and State level approvals. |
| • | Exemption from State sales tax and other levies as per State Government Norms. |
| • | No stamp duty and Registration Fee on lease deed, loan agreements, Credit deeds and Mortgages. |
| • | No license required for import. |
| • | Supplies from DTA to SEZ are to be treated as Export. |
| • | Reimbursement of duty paid on furnace oil, procured from domestic oil companies to SEZ units as per the rate of Drawback notified by the DGFT. |
| • | SEZ units may be for manufacturing, trading or service activity. |
| • | 100% FDI allowed. |
| • | Facility to retain 100 % foreign exchange receipts in EEFC A/c (Export Earners Foreign Currency Account). |
| • | Facility to realize and repatriate export proceeds within 12 months. |
| • | Performance of the units to be monitored by a committee headed by Development Commissioner and Custom Officer. |
| • | Capitalisation of import payables. |
| • | Domestic sales on payment of full customs duty allowed subject to import policy in force. |
| • | No fixed wastage norms. |
| • | Full freedom for sub-contracting including subcontracting abroad. |
| • | Duty free goods to be utilized in 5 years. |
| • | Job work on behalf of domestic exporters for direct export cargo. |
| • | No routine examinations by customs of export and import cargo. |
| • | Simplified labour laws as per Gujarat Government SEZ Act 2004 |
| • | Full freedom in allocation of developed plots to approved SEZ units on purely commercial basis. |
| • | Full authority to Developer to provide services like water, electricity, security, restaurants, recreation centers etc. on commercial lines. |
| • | Income Tax exemption to Investor's in SEZ's under section 10 (23) G of Income Tax Act. |
| • | Investment made by individuals etc. in the SEZ is also eligible for exemption under IT act. |
| • | Generation, Transmission and Distribution of power in SEZs allowed. |