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Interim Relief to SEZ Units in lease rent on account of COVID-19 outbreak regarding

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No. 20/01/2020/DDC-CSEZ

Cochin Special Economic Zone (CSEZ) Ministry of Commerce & Industry, Government of India Administrative Building, Kakkanad, Cochin-682 037

Dated: 15" May, 2020

Sub: Interim relief to SEZ Units in lease rent on account of COVID-19 outbreak — Reg.

This is to inform you that the Government of India (Department of Commerce) has decided to give the following relief for SEZ Units in Government SEZs on account of COVID-19 outbreak.

  • (A) No increase in lease rent for the SEZ Units for the FY 2020-21. (B) Payment of Lease rent of first quarter is to be deferred upto 31% July, 2020 for all SEZ Units. The deferment may not invite any interest thereof.

es All Developers of State Government/Private SEZs are requested to consider similar relief measures in their Zones also. Copy of Department of Commerce letter is enclosed.

Yours faithfully,

(D V Swamy IAS) Development Commissioner

To

All SEZ Developers under CSEZ

File No: K-43014(16)/5/2020-SEZ Government of India

Ministry of Commerce & Industry Department of Commerce

SEZ Division

To,

Udyog Bhavan, New Delhi Dated the 11" May, 2020

All Development Commissioners Special Economic Zones

Subject: Interim relief to SEZ units in lease rent on account of COVID-19 outbreak-reg.

Sir,

| am directed to refer to the subject mentioned above and to State that this Department has examined the proposal in consultation with Department of Expenditure and decided following relief for SEZ units on account of COVID-19 outbreak. (A) No increase in lease rent for the SEZ units for the FY 2020-21 (B) Payment of Lease rent of first quarter is to be deferred upto 31st July, 2020 for all SEZ units. The deferment may not invite any interest thereof.

  1. Accordingly, DCs are requested to take necessary action on the matter. DCs are also measuresrequested intotheiradvise zones.developers of state govt./private SEZs to consider similar relief 3. This issues with the approval of competent authority.

==> picture [217 x 144] intentionally omitted <==

----- Start of picture text -----<br> Yours faithfully,<br>< Cogs<br>a<br>: as<br>Under (Sumit Kumar achan)<br> Secretary to the Govt. of India<br>e-mail: Tel. 23062496<br>sumit.sachan@nic.in<br>----- End of picture text -----<br>

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Interim relief to SEZ Units in lease rent on account of COVID-19 outbreak — Reg.

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