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Explain the nature and importance of special economic zones.

Posted by Natasha Mishra 3 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 3 years, 11 months ago

Three features of SEZ :
1. It is a duty free enclose which is treated as foreign territory.
2. Units of SEZ are exempted from routine examination of import and export by custom authorities.
3. Sub-contracting of production is allowed.

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