scorecardresearch
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
Decision on Navi Mumbai SEZ split deferred

Decision on Navi Mumbai SEZ split deferred

Navi Mumbai SEZ Pvt Ltd, promoted by Ambani and his associate Anand Jain, has proposed to split its 1,233-hectare project into five separate tax-free zones.

The government on Tuesday deferred a decision on a request from Mukesh Ambani-promoted Navi Mumbai special economic zone (SEZ) for splitting itself into five zones, seeking more details from the developer.

The issue was taken up by the Board of Approval headed by Commerce Secretary Rahul Khullar at its meeting in the national capital.

"The issue will be looked into by a committee of officials," Khullar said after the meeting, adding the committee would seek details about the land and other issues.

Navi Mumbai SEZ Pvt Ltd, promoted by Ambani and his associate Anand Jain, has proposed to split its 1,233-hectare project into five separate tax-free zones.

In its proposal, it had requested splitting of its tax-free enclave into five zones - a light engineering SEZ, two IT/ITES SEZs, a free-trade warehousing zone and a multi-product SEZ.

Published on: May 31, 2011, 2:53 PM IST
×
Advertisement