Maharashtra SEZ Act/Policy

The Government of Maharashtra has adopted the SEZ Policy for developing Special Economic Zones in the state. The SEZs, earmarked as duty-free enclaves, have a relaxed and business friendly policy regime, aimed at promoting rapid industrial development and employment generation.
The approved policy regime includes:

  • Exemption of all state and local taxes and levies for transactions with the SEZ and for supply from domestic tariff areas to the SEZ
  • Exemption from stamp duty and registration fees
  • Grant of labour and environment related permits and approvals through a dedicated single window mechanism
  • Permission to generate electricity for own consumption
  • Expeditious process for land acquisition to set up SEZs

The SEZ Policy aims at creating a simple and transparent system and procedures to attract large foreign and domestic investment in infrastructure for SEZ’s in Maharashtra.

SEZ policy of Maharashtra provides attractive incentives as follows:

  • Hundred per cent exemption from Stamp Duty and Registration Fees
  • Permission for Captive Power Generation
  • Micro, Small and Medium Enterprise Policy highlights
  • Government is planning to initiate measures for availability of cheap and timely finance, technology up-gradation, upgradation of skill sets of those employed in MSME enterprises and marketing.
  • Setting up of a special institution for the SMEs
  • New small scale industries are eligible for capital subsidy
  • Special capital incentives (grants) are offered for setting up Small-scale industries in backward units
  • Interest subsidy is also offered to new textile, hosiery and knitwear SSI units

Incentives to promote quality competitiveness, research and development and technology up-gradation

Incentives Subsidy(%) Limited to(INR Million)
Capital equipment 5 2.5
Capital equipment 5 2.5
Expenses Incurred for quality certification 50 0.10
Cleaner production measure 25 0.50
Expenses incurred for patent registration 50 0.50