SEZ Developers & Units
Brief Industry Introduction
Special Economic Zones (SEZs) in India have emerged as powerful engines for economic growth, designed to promote exports, attract foreign and domestic investment, enhance infrastructure, and generate large-scale employment opportunities. They provide a globally competitive business environment by offering world-class infrastructure, faster approvals, and simplified regulatory frameworks. Overall, SEZs serve as a strategic gateway for Indian businesses to integrate with global supply chains, but success depends on proper planning, regulatory adherence, and efficient structuring of operations.
At Mangesh Kadam & Associates, we provide specialized advisory to SEZ developers and units to maximize benefits, remain compliant, and optimize operations.
Key Challenges & How We Help
SEZ Act & Regulatory Compliance
Challenge
SEZ developers and units are required to strictly follow the SEZ Act, customs procedures, and DGFT regulations. Even minor lapses may invite penalties, audits, or loss of government benefits.
Our Role
We take care of complete compliance management—from SEZ approvals and registrations to documentation and regulatory filings—ensuring smooth operations without legal hurdles.
Income Tax & Exemption Utilization
Challenge
While Section 10AA offers tax holidays to SEZ units, frequent scrutiny arises on eligibility criteria, transfer pricing arrangements, and related-party transactions. Mismanagement can lead to denial of benefits
Our Role
We provide strategic tax planning, assist in structured exemption claims, and represent clients during audits, ensuring benefits are protected and risks of disallowance are minimized.
GST & Refund Management
Challenge
SEZ entities often face delays in claiming Input Tax Credit (ITC) refunds and confusion around tax-free procurements, which impacts cash flow and working capital.
Our Role
We manage end-to-end GST compliance, from accurate filings and refund claims to reconciliations, helping businesses recover blocked funds faster and maintain liquidity.
Foreign Exchange & Transfer Pricing
Challenge
Global trade through SEZs creates challenges around FEMA compliance, pricing of cross-border transactions, and smooth repatriation of revenues to India.
Our Role
We conduct transfer pricing studies, prepare necessary documentation, and offer FEMA compliance support to ensure international transactions remain compliant and audit-ready.
Funding & Project Approvals
Challenge
SEZ developers need large-scale infrastructure funding, while units often struggle with working capital requirements for export activities and expansion projects.
Our Role
We prepare detailed project reports, assist in obtaining approvals, and arrange both short-term and long-term financing through structured solutions tailored to business needs.
Risk Management & Governance
Challenge
Weak internal controls, improper record-keeping, and governance lapses may expose SEZ entities to penalties, litigation, and loss of incentives.
Our Role
We design robust governance frameworks, create customized SOPs, and implement internal audit systems that strengthen compliance and safeguard long-term SEZ benefits.
Why Choose Us for SEZ Developers & Units
Specialized SEZ Expertise
We provide hands-on advisory on SEZ Act provisions, DGFT rules, and exemption management. Our expertise ensures businesses maximize SEZ benefits while staying fully compliant.
Comprehensive Tax Planning
From Section 10AA claims to GST refunds and income tax scrutiny, we handle all aspects of SEZ taxation. Our approach safeguards exemptions and minimizes tax exposures.
Cross-Border Compliance Support
We assist businesses in managing FEMA regulations, transfer pricing requirements, and foreign exchange compliance. This ensures smooth cross-border operations without legal hurdles.
Growth & Funding Advisory
Our team supports SEZ units with project financing, investor presentations, and expansion planning. We help businesses scale operations while securing the right funding channels.