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Q&A
What are some of the advantages of setting up a sourcing platform in a special economic zone (SEZ) in India?
What are some of the advantages of setting up a sourcing platform in a special economic zone (SEZ) in India?
Advantages of setting up a sourcing platform in a special economic zone in India include income tax exemption on export income for the first 5 years and then 50 percent off for a further 5 years, complete exemption from Central Sales Tax, Service Tax, Minimum Alternate Tax and State Sales Tax as well as the ability to borrow up to $500 million USD per year for commercial purposes.
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