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GIFTCITY

GIFT CITY SEZ IFSC Company set up in India

Establishing Company in GIFT CITY under IFSC and SEZ category will be experience of ease of doing business. The place is 30 KM away from Ahmedabad. You may visit www.giftgujarat.in for more information. We at PKM provide following services:

  • Full fledged advisory for establishing Business Entity.
  • Services related to getting approval from DC office of SEZ
  • Services related to approval from IFSCA.
  • Compliance services related company law, Foreign exchange law, Income tax and other allied laws
  • Services for securing Gujarat State Government subsidies
  • Book keeping and Payroll services
  • GST (Goods and Services Tax) administration

www.ifsca.gov.in/ :

INDIRECT TAX

Incentives Conditions
Customs Duty Exemption from clients duty for many goods imported in to the SEZ useful for certified procedures
Central excise duty Exemption from work of excise on domestic procurement to carry certified procedures
Drawback Disadvantage and such different benefits on things produced
Deemed export Supply of goods or services by an EOU device or STPI unit considered as export
Service Tax Exemption from service duty on solutions procured by the SEZ unit useful for certified operations
CST Exemption from CST on inter-state procurement of goods used for authorized procedures
Electricity duty/ Stamp duty/ Registration fees Exemptions/ reimbursements under the Gujarat State Professional and IT plan

TAX INCENTIVES FOR SEZ UNITS (NON IFSC)

Sr. No. Particulars Benefits
1 Profit Stage Exemption from Revenue Tax*

  • 100% for the first 5 years
  • 50% for the next 5 years
  • 50% of profits ploughed back for the next 5 years
2 Minimum Alternative Tax (MAT ) 18.5% (excluding surcharge and education cess) could be payable on book revenue