(1) 1[Subject to the provisions of sub-section (1A), all sales and transactions within the processing area of the Zone or in the demarcated area or between the units in the processing area and the demarcated area] shall be exempt from all taxes, cess, duties, fees or any other levies under any State law to the extent specified below:
State taxes and levies.
(a) Stamp duty and registration fees payable on transfer of land meant for approved Units in the 2[processing area of the Zone or in the demarcated area].
1. These words, figures, letters and brackets were substituted for the words “All sales and transactions within the processing area of the Zone” by Guj. 24 of 2007, s.7(1)(a).
2. These words were substituted for the word “Zone”, ibid., s.7(1)(b).
12 THE GUJARAT SPECIAL ECONOMIC ZONE ACT, 2004. [ 2004 : Guj.11
(b) Levy of Stamp duty and registration fees on loan agreements, credit deeds and mortgages executed by the Unit, industry or establishment set up in the processing area of the Zone 1[or in the demarcated area].
(c) 2[Tax on sales or purchases of goods other than the goods specified in Schedule III of the Gujarat Value Added Tax Act, 2003], Luxury Tax, Entertainment Tax and other taxes and cess payable on sales and transactions.
Guj. 1 of 2005.
3[(1A) The benefits of exemptions under sub-section (1) shall be available to the Unit or a person on the sales and transactions of goods which have been actually and physically involved in the movement of goods.]
(2) Inputs (goods and services) made to 4[the Units in the processing area of the Zone or in the demarcated area] from Domestic Tariff Area shall be exempted from 5[tax on sales or purchases of goods other than the goods specified in Schedule III of the Gujarat Value Added Tax Act, 2003] and other taxes under the State laws.
Guj. 1 of 2005.
(3) The Developer shall also be entitled to the benefits of exemption provided in sub-sections (1) and (2) for the entire Zone.
CHAPTER IX MISCELLANEOUS Overriding effect of Act.
22. The provisions of this Act shall have effect notwithstanding anything contained in any other law for the time being in force.
Protection of action taken in good faith.
23. No suit, prosecution or other legal proceeding shall lie against any person for anything which is done in good faith or intended to be done under this Act or any rules or regulations made thereunder.
Members and employees to be public servants.
24. Every member of the Authority, the Development Commissioner and every officer and employee of the Authority shall, when acting or purporting to act in pursuance of the provisions of this Act, or of any rule or regulation made thereunder, be deemed to be a public servant within the meaning of section 21 of the Indian Penal Code.
45 of 1860.
1. These words were inserted by Guj. 24 of 2007, s.7(1)(c).
2. These words were substituted for the words “Sales Tax, Purchase Tax, Motar Spirit Tax”, ibid., s.7(1)(d).
3. Sub-section (1A) was inserted, ibid., s.7(2).
4. These words were substituted for the words “Zone Units”, ibid., s7(3)(a).
5. These words were substituted for the word, “sales tax”, ibid., s.7(3)(b).
2004 : Guj.11 ] THE GUJARAT SPECIAL ECONOMIC ZONE ACT, 2004. 13