The Ministry of Commerce and Industry (MoC&I) on June 20, 2024, issued the Special Economic Zones (Fourth Amendment) Rules, 2024, to further amend the Special Economic Zones Rules, 2006.
The following amendment has been stated:
• In rule 18, which states “Consideration of proposals for setting up of Unit in a Special Economic Zone”, in sub-rule (4), in clause (d), for the second proviso, the following provisos shall be substituted, namely:
o “Provided further that reconditioning, repair and re-engineering may be permitted subject to the conditions that export shall have a one-to-one correlation with imports and all the reconditioned or repaired or re-engineered products shall be exported:
Provided also that only non-hazardous metal and metal-alloy wastes in metallic, non-dispersible form having no contaminants enlisted against Basel No. B1010 in Part D of Schedule III of the Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016 generated from the reconditioning, repair or re-engineering, may be allowed to be sold in the Domestic Tariff Area on payment of applicable customs duty and this shall be treated as import and will be permitted only to the actual user or to the trader for use of the actual users authorized by the State Pollution Control Board on a one-time basis and subject to verification of documents specified in Schedule VIII of the Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016 by the Custom Authority”.
This notification will come into force from June 20, 2024.
[Notification No G.S.R. 338(E)]
