Special Economic Zone has made the realty more affluent in business than before. According to the sources of www.propertykhazana.com some times back there was a bit allegation to put SEZ out of the stamp duty at some SEZ operating states across the country. But on the other hand there were some states like Orissa, Andhra Pradesh and Madhya Pradesh that are against the offering of the stamp exemption to special economic zones.
The SEZ exemption matter is on the scrutiny board of the central govt. and is making a fast processing for an adequate out put of the matter. Source of www.propertykhazana.com also reveals that the matter came to the ministry forum only after some disputes rose between the SEZ makers and the some of the state authorities. If the govt. nodes in favor of SEZ than it is not only the units but also the concerned developers enjoys its part for all its construction across the country. Related to this issue the central govt. has directed the ministry of commerce to put forward certain clarification to give an appropriate end to the matter.
The matter is bit critical as it overlaps some of the Indian Stamp Act and had to carefully handle as there are already a Special Economic Zone act – 2005. According to this act the govt. experts refuse to comment against the SEZ exemptions at various sites of few states of the nation as added in www.prpertykhazana.com .
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