Ministry of Finance TheDollarBusiness

Notification Number S.O.565(E) dated 11.04.2017 rescinded

Dated 12th September, 2017 | Copy of | Commerce & Industry Notification Sl.83

Whereas, M/s. Andhra Pradesh Industrial Infrastructure Corporation Limited, had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a Sector Specific Special Economic Zone for IT/ITES at Madhurwada Village, Visakhapatnam District in the State of Andhra Pradesh;

AND, WHEREAS, the Central Government, in exercise of the powers conferred by subsection (1) of section 4 of the said Act read with rule 8 of the Special Economic Zones Rules 2006, had notified an area of 16 hectares vide Ministry of Commerce and Industry Notification Number S.O.565(E) dated 11.04.2007;

AND, WHEREAS, M/s. Andhra Pradesh Industrial Infrastructure Corporation Limited has now proposed to de-notify the entire area of 16.00 hectares area of the the above Special Economic Zone;

AND, WHEREAS, the State Government of Andhra Pradesh has given its approval to the proposal vide letter No. nil, dated 29.03.2016;

AND, WHEREAS, the Development Commissioner, Visakhapatnam Special Economic Zone hasrecommended the proposal for de-notification of the entire area of 16.00 hectares of the Special Economic Zone;

NOW, THEREFORE, in exercise of the powers conferred by first proviso to rule 8 of the Special Economic Zones Rules 2006, the Central Government hereby rescinds the above
notification except as respects things done or omitted to be done before such rescission.

Sd/-
(Sunil Kumar)
Addl. Secy.

S.O.3066(E)
F.No.F.2/62/2006-SEZ
Issued by:
Ministry of Commerce and Industry
(Department of Commerce)
New Delhi

The Dollar Business Bureau - Sep 21, 2017 12:00 IST