Govt. Amends SEZ Rules | Units Undertaking ‘Aircraft or Ship Leasing Activity’ Not Required to Maintain Separate Offices
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- Last Updated on 16 March, 2024
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Notification No. G.S.R 194(E); Dated: 14.03.2024
The Govt. has notified the Special Economic Zones (Second Amendment) Rules, 2024. An amendment has been made to Rule 21B of the existing rules. As per the amended norms, the term ‘aircraft leasing’ has been replaced with ‘aircraft or ship leasing’. Accordingly, units set up in IFSC authorized to undertake aircraft or ship leasing activity are not mandatorily required to maintain a separate office.
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