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SEZs seek govt permission to sell goods in India at discounted import duty

The export-oriented units and SEZs are providing direct employment to more than 25 lakh person and has attracted an investments of more than Rs 5.50 lakh crore, he said.

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SEZs are treated as a foreign territory in terms of customs laws.

BS Web TeamAgencies
Export Promotion Council for EOUs & SEZs (EPCES) on Sunday urged the commerce ministry to allow units to sell goods at discounted import duty rates in the domestic market as the national lockdown and cancellation of orders may impact jobs.

SEZs are treated as a foreign territory in terms of customs laws. They are developed as exclusive export zones. Selling of goods by these manufacturing units in the domestic market or outside these zones is treated as imports and therefore the units have to pay full import duty.

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