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Maharashtra Value Added Tax Rules, 2005
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Body 55B. Applicability of set-off to developers and units in Special Economic Zone.-

Nothing contained in sub-rule (6) of rule 53, or as the case may be, clauses (g) and (h) of rule 54 shall be applicable to the developers and units, in processing area of the Special Economic Zone.

Explanation.- For the purposes of this rule "processing area" shall mean the processing area as demarcated under section 6 of the Special Economic Zones Act, 2005 (28 of 2005) but excluding educational institutions, hospitals, hotels, residential or commercial complexes, leisure and entertainment facilities or any other facilities allowed for authorized operations, as may be notified by the State Government, under section 50 of the said Act, for their operations and maintenance.