As per the SEZ Act, 2005, and SEZ Rules, 2006, SEZ units are entitled to exemption from duty of customs and excise, exemption from service tax and VAT, exemption from stamp duty and registration fees and exemption from electricity duty, besides income tax exemption on export profits.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Street believes premium valuations justified, as port traffic is expected to grow at a CAGR of 16% over FY14-16.
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Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
