A unit may export goods and services on the basis of the Letter of Approval

A SEZ unit can export

Export procedure

Export procedure

The procedure for export from Special Economic Zone through seaports or airports or Inland Container Depot or Container Freight Station or Land Customs Station or by Post or by Courier or by Personal Carriage, as the case may be, shall be as under:

Export obligation for the SEZ developer

If services are exported in non-physical form,the export value is to be furnished by the Unit on self certification basis as per the instructions of the Reserve Bank of India .

Export obligation for the SEZ developer

There is no export obligation for the sez developers. The developers are required to execute a bond-cum-legal undertaking in form-D RULE 12(5) 22(1)] jointly with the development commissioner and the specified officer undertaking to account for the goods properly and utilize the goods for the authorized operations within a period of one year or extended period.

Export obligation of the sez unit

Export obligation for the SEZ developer

Under the sez scheme, no export obligation in terms of quality or value has been prescribed. Sez unit are required to maintain a positive net foreign exchange (NFE) earning cumulatively for a period of 5 years from the commencement of production.

A Unit may transfer goods, including goods imported or procured from Domestic Tariff Area, to another Unit or Export Oriented Unit or Electronic Hardware Technology Park Unit or Software Technology Park Unit or Bio-technology Park Unit, subject to the following procedures, namely: