Section 1
10th February, 2006 (ss. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 25, 26, 27, 28, 29, 30, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57 and 58), vide Notification No. S.O. 196(E), dated 10th February, 2006, see Gazette of India, Extraordinary, Part II, sec. 3(ii).
1. 10th February, 2006 (ss. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 25, 26, 27, 28, 29, 30, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57 and 58), vide Notification No. S.O. 196(E), dated 10th February, 2006, see Gazette of India, Extraordinary, Part II, sec. 3(ii).
1st October, 2008 (ss. 31, 32, 33, 34, 35, 36, 37, 38, 39, 40 and 41), vide Notification No.S.O.2320(E), dated 1st October, 2008, see Gazette of India, Extraordinary, Part II, sec. 3 (ii).
13th January, 2010 (ss. 20, 21 and 22), vide Notification No. S.O. 75(E), dated 13th January, 2010, see Gazette of India, Extraordinary, Part II, sec. 3(ii).
(l) " existing Unit " means every Unit which has been set up on or before the commencement of this Act in an existing Special Economic Zone;
(m) " export " means—
(i) taking goods, or providing services, out of India, from a Special Economic Zone, by land, sea or air or by any other mode, whether physical or otherwise; or
(ii) supplying goods, or providing services, from the Domestic Tariff Area to a Unit or Developer; or
(iii) supplying goods, or providing services, from one Unit to another Unit or Developer, in the same or different Special Economic Zone;
(n) " Free Trade and Warehousing Zone " means a Special Economic Zone wherein mainly trading and warehousing and other activities related thereto are carried on;
(o) " import " means—
(i) bringing goods or receiving services, in a Special Economic Zone, by a Unit or Developer from a place outside India by land, sea or air or by any other mode, whether physical or otherwise; or
(ii) receiving goods, or services by a Unit or Developer from another Unit or Developer of the same Special Economic Zone or a different Special Economic Zone;
(p) " infrastructure facilities " means industrial, commercial or social infrastructure or other facilities necessary for the development of a Special Economic Zone or such other facilities which may be prescribed;
(q) " International Financial Services Centre " means an International Financial Services Centre which has been approved by the Central Government under sub-section (1) of section 18;
(r) " manufacture " means to make, produce, fabricate, assemble, process or bring into existence, by hand or by machine, a new product having a distinctive name, character or use and shall include processes such as refrigeration, cutting, polishing, blending, repair, remaking, re-engineering and includes agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, poultry, sericulture, viticulture and mining;
(s) " notification " means a notification published in the Official Gazette and the expression " notify " shall be construed accordingly;
(t) " notified offences " means the offences specified as such under sub-section (1) of section 21;
(u) " Offshore Banking Unit " means a branch of a bank located in a Special Economic Zone and which has obtained the permission under clause (a) of sub-section (1) of section 23 of the Banking Regulation Act, 1949 (10 of 1949);
(v) " person " includes an individual, whether resident in India or outside India, a Hindu undivided family, co-operative society, a company, whether incorporated in India or outside India, a firm, proprietary concern, or an association of persons or body of individuals, whether incorporated or not, local authority 1 [trust or any entity as may be notified by the Central Government] and any agency, office or branch owned or controlled by such individual, Hindu undivided family, co-operative, association, body, 2 [authority, company, trust or entity];
(w) " prescribed " means prescribed by rules made by the Central Government under this Act;
(x) " Reserve Bank " means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934);
(y) " Schedule " means Schedules to this Act;