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 zones.

Explanation – For the purpose 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 state government, under section 50 of the said act, for their operations and maintenance.