Q.
What is meaning of export processing zone
Asked by arun kumar pathak,
01 Jun '10 05:49 pm
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Answers (3)
1.
Export Processing Zones (EPZs) can be summarized as a unit bearing clusters of specially designed zones of aggressive economic activity for the promotion of export. The main concept of Export Processing Zones was conceived in the early 1970s to promote the growth of the sickening export business of India. Further, the meaning of Export Processing Zones (EPZs) can be broadly defined as an area enjoying special government of India support with respect to fiscal incentives, tax rebates and other exclusive benefits for the growth of export.
Answered by KARTIKAY SHARMA, 01 Jun '10 06:08 pm
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2.
A notified area where the export oriented goods and services are manufactured/packaged and despatched as the case may be, GOI,MOF Fin is giving tax relieves to such area,even state govts are also giving phusical concessions to the item which are processed through this zone
Answered by sushil trivedi, 01 Jun '10 05:56 pm
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