No registration fee for SEZ in Andhra Pradesh

The order has simplified the fee structure of SEZs

Update: 2014-08-27 03:36 GMT
Picture used for representational purpose. (Photo: PTI)
Hyderabad: To give a fillip to the development of Special Economic Zone in AP, the registration and stamps department on Tuesday issued orders making amendments in the “Table of Fees” under the Registration Act, 1908 .
 
As per the orders, “No registration fee will be levied upon any instrument executed by, or, on behalf of, or, in favour of the developer or unit or in connection with the carrying out of purposes of the Special Economic Zone.”
 
This order has simplified the fee structure of SEZs, said an expert adding that it will encourage more SEZs. 

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