The Center has permitted dual use of non-processing areas in special economic zones, allowing developers to set up social infrastructure such as schools, hospitals and hotels, which can be accessed by people from within and outside these conclaves. Allowing dual use of infrastructure in non-processing zones means developers will be allowed to use the infrastructure to cater to people living outside the zones, subject to payment of applicable taxes. A notification in this regard was issued by the Department of Commerce on January 2, amending the SEZ rules. According to the notification, there will be no exemptions, concessions or drawback for creation of infrastructure in non-processing areas. Such new development in SEZs will bring a new business prospect for the signage companies engaging in in-shop displays, designs and related tasks.
