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Top News In Sez Spaces Today - Breaking & Trending Today

Denotification of SEZs: DLF Cyber City applies for denotification of office space in SEZs

DLF Cyber City Developers (DCCDL), the rental arm of DLF, has applied for denotification of 1.1 million sq ft of office space in Special Economic Zones (SEZs) and plans to start leasing it by March end. The SEZ portfolio of DLF has a vacancy of about 16%, while the non-SEZ portfolio has a vacancy of only 3%. The government s amendment in SEZ rules in December 2023 allows partial and floor-wise denotification, benefiting IT and ITES companies. DLF has already applied for denotification and is working out the duty drawback payment with a chartered surveyor. ....

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SEZ units not exempt from compensation cess under GST | India Business News

India Business News: The Andhra Pradesh High Court has ruled that SEZ units are not exempt from compensation cess under GST. This decision may impact imports by SEZ units and could lead to GST demands. The industry may seek a retrospective exemption from GST compensation cess for imports by SEZ units. ....

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Key events to propel bilateral ties

JOHOR BARU: It was a momentous occasion for relations between Malaysia and Singapore with the linking of the country’s third crossing with the island republic and also the signing of a memorandum of understanding (MOU) on the setting up of a special economic zone (SEZ) here. ....

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