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	«« Proposal For Electronic Components in SEZ
	THE PROPOSAL SITES ARE LOCATED IN CHENNAI-BANGALORE NATIONAL HIGHWAY AND NEAR INDUSTRIAL CORRIDOR WHERE ALL MULTINATIONAL COMPANIES LIKE HYUNDAI , SAINT GOBAIN , PRAXAR INDIA , NOKIA , SAMSUNG , MOTOROLA , DELL , FOXCONN, FL EXTRONIX , CAPARO AND MAJOR AUTOMOBILE INDUSTRIES.

	OUR JOINT VENTURE PROPOSAL -ELECTRONICS COMPONENTS MANUFACTURING UNIT
		The locational Suitability of the Site with 2.04 acres land in SEZ(Special Economic Zone) in regard Proximity to international airport / seaport, access to allheads etc., existence of an industrial , Commerical and social infrastructure, linkage with hinterland for inputs, existence of Communication facilities availability of water and Power.

	Incenitives offered to the SEZs
		The incentives and facilities offered to the units in SEZs for attracting investments into the SEZs , including foreign investment include:-

		u	Duty free import/domestic Procurement of goods for development, Operation and Maintenance of SEZ units.
		u	100 % Income Tax exemption of Exports income for SEZ Units under section 10AA of the Income Tax Act for First 5 Years, 50 % for Next Five Years thereafter and 50 % of the Ploughed back export profit for next five Years.
		u	Exemption from minimum alternate tax under section 115JB of the Income Tax Act.
		u	External Commerical borrowing by SEZ Units upto US $ 500 Milion in a year without any maturity restriction through recognized banking Channels.
		u	Exemption from Central Sales Tax.
		u	Exemption from Service Tax.
		u	Single Window Clearance for Central and State level approvals.
		u	Exemption from State Sales Tax and Other levies as Extended by the respective state Governments.

		The major incentives and facility available to SEZ developers include :-
		u	Exemption from customs /excise duties for development of SEZs for authorized Operations approved by the BOA.
		u	Income Tax Exemption on income derived from the business of Development of the SEZ in a block of 10 years in 15 years under Section 80_IAB of the Income Tax Act.
		u	Exemption from minimum alternate tax under section 115 jb of the Income Tax Act.
		u	Exemption from divided ditribution tax Under section 1150 of the Income Tax Act.
		u	Exemption from Central Sales (CST).
		u	Exemption from Service Tax ( Section 7 , 26 and Second Schedule of the SEZ Act).

		Project Location

			The Location Suitability of the Site With 2.04 acres of land in SPECIAL ECONOMIC ZONE allotted by SIPCOT near Sriperumbudur in regard Proximity to international Airport / seaport access to rail heads etc..existence of an industrial, Commercial and Social infrastructure, linkage with for hinterland for inputs , existence of Communication facilities , availability of water and Power.