About Us

Santacruz Electronics Export Processing Zone (SEEPZ) was established in 1973-74 as uni-product EPZ exclusively for manufacture and export of electronic items, a piece of 100 acres of land leased through the Maharashtra Industrial Development Corporation (MIDC), Andheri (East), which over the years has become a land mark of Mumbai.

Considering the high potential and the pollution - free nature of Gem and Jewellery industry, the Govt. of India decided to permit manufacture and export of Gem and Jewellery items from SEEPZ during 1987- 88. The Zone provides basic infrastructure such as constructed factory premises in well built communication facilities etc. The Office of the Development Commissioner serves as a single window for export-import related matters including Customs clearance. The SEEPZ Service Centre also houses various public utilities such as post-office, public telex office, banks including ATM facilities.




Special Economic Zone

A new Special Economic Zone (SEZ) scheme has been introduced in the Export & Import Policy from 1.4.2000, with a view to provide an internationally competitive and hassle-fee environment for export production.

Salient features

• A designated duty free enclave and to be treated as foreign territory for trade operations and duties and tariffs.
• No licence required for import.
• Exemption from Customs duty on import of capital goods, raw materials, consumables spares etc.
• Exemption from Central Excise duty on procurement of capital goods, raw materials, consumable spares etc. from the domestic market.
• Supplies from DTA to SEZ units treated as Deemed Exports. Domestic supplier may claim DEPB in lieu of drawback.
• Exemption of Central Sales Tax on domestic purchases,
• 100% tax exemption for 5 years and 50% exemption for 2 years thereafter.
• Reimbursement of duty paid on furnace oil, procured from domestic oil companies to SEZ units as per the rate of Drawback notified by the directorate General of Foreign Trade.
• SEZ units may be for manufacturing, trading or service activity.
• SEZ unit to be positive net foreign exchange earner within three years,
• Performance of the units to be monitored by a Committee headed by Development Commissioner and consisting of Customs.
• 100% Foreign Direct Investment in manufacturing sector allowed through automatic route barring a few sectors.
• Facility to retain 10%% foreign exchange receipts in EEFC Account.
• Facility to realise and repatriate export proceeds within 12 moths.
• Re-Export imported goods found effective, good imported from foreign suppliers on loan basis etc. without G. R. Waiver under intimation to the Development Commissioner.
• Overseas investment by SEZ units from EEFC account through automatic route.
• Release of foreign exchange of DTA units to buy goods from units in SEZs.
• Facility to setup overseas banking units.
• No cap on foreign investment of SSI reserved items.
• Exemption from industrial licensing requirement for items reserved for SSI Sector.
• Profits allowed to be repatriated freely without any dividend balancing requirement.
• Domestic Sales on full duty subject to import policy in force.
• No fixed wastage norms.
• Full freedom for subcontracting including subcontracting abroad.
• Subcontracting facility available to jewellery units.
• Duty free goods to be utilised in 5 years.
• Job work on behalf of domestic exporters for direct exports allowed.
• No routine examination by customs of export and import cargo.
• No separate documentation required for Customs and Exim Policy.
• In house customs clearance.
• Support services like banking, post office, clearing agents etc. provided in Zone Complex.
• Developed plots and ready to use built up space.
• Exemption from Custom/Excise Duty for Import/Domestic procurement of goods for setting up units in the zone.