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Special Economic Zones is a set of geographic areas inside Nepal that have been allocated to promote and diversify the export based industries. It was conceptualized by Nepal Government in 2013 and laws were formulated in 2016 in the form of Special Economic Zone Act (2016). The laws were subsequently revised in 2019. [1]
Special Economic Zone as per Central Sales Tax, 1956 --> A Special Economic Zone (SEZ) is a geographically bound zone where the economic laws relating to export and import are more liberal as compared to other parts of the country. These are like a separate island within the territory of India.
The definition of an SEZ is determined individually by each country. According to the World Bank in 2008, the modern-day special economic zone typically includes a "geographically limited area, usually physically secured (fenced-in); single management or administration; eligibility for benefits based upon physical location within the zone; separate customs area (duty-free benefits) and ...
See also: List of special economic zones and List of free-trade zones In special economic zones business and trades laws differ from the rest of the country. The term, and a number of other terms, can have different specific meanings in different countries and publications. Often they have relaxed jurisdiction of customs or related national regulations. They can be ports or other large areas ...
Dumarwana has been the center of agriculture. It has lands of Birgunj Sugar Factory. Utilisation and protection of the lands has been facing challenges due to the illegal encroachment of the lands. Plan has been made to establish special economic zone to encourage economic development. Dumarwana has its own college, high schools and cooperatives.
Download as PDF; Printable version; ... Pages in category "Special economic zones" ... Public Authority for Special Economic Zones and Free Zones; Q.
From a glance at his background, one might assume that James F. Slattery would have a difficult time convincing any state in America to entrust him with the supervision of its lawbreaking youth.
The 14 administrative zones were grouped into five development regions (Nepali: विकास क्षेत्र; vikās kṣetra). Each district was headed by a chief district officer (CDO), who was responsible for maintaining law and order and coordinating the work of field agencies of the various government ministries.