Proposal by person intending to set up SEZ to the Concerned State Government
Proposal may also be made directly to the Board; after approval by the Board, the person will require to obtain state Government Concu- rrence within a period of 6 months.
The Stage Government forwards the proposal along with its recommendations to the Board
Within 45 days; the State Government to ensure that requirements of minimum land area, and that exemption of taxes at State level, delegation of powers to DC as recommended are made available to Developer & Units
Approval by Board?
Board may approve proposal with or without modification; or reject proposal. In practice, the board accords in-principal approval pending land acquisition in form B-1
Issuance of letter of Approval by the Government of India
Within 30 days of receipt of BOA recommendation; LOA will incorporate any additional conditions imposed by the Board it its recommendation. LOA validity for 3 years, during which time Developer shall take the effective steps to implement the approved proposal