law: Special Economic Zones Act, 2005 
  26. Exemptions, drawbacks
  
  and concessions to every Developer and entrepreneur
  1.     
  
    Subject
  
  to the provisions of sub-section (2), every Developer and the entrepreneur
  
  shall be entitled to the following exemptions, drawbacks and concessions,
  
  namely:-
  a.     
  
    exemption
  
  from any duty of customs, under the Customs Act, 1962 (52 of 1962) or the
  
  Customs Tariff Act, 1975 (51 of 1975) or any other law for the time being in
  
  force, on goods imported into, or services provided in, a Special Economic Zone
  
  or a Unit, to carry on the authorised operations by the Developer or
  
  entrepreneur;
  b.    
  
    exemption
  
  from any duty of customs, under the Customs Act, 1962 (52 of 1962) or the
  
  Customs Tariff Act, 1975 (51 of 1975) or any other law for the time being in
  
  force, on goods exported from, or services provided, from a Special Economic
  
  Zone or from a Unit, to any place outside India;
  c.     
  
    exemption
  
  from any duty of excise, under the Central Excise Act, 1944 (1 of 1944) or the
  
  Central Excise Tariff Act, 1985 (5 of 1986) or any other law for the time being
  
  in force, on goods brought from Domestic Tariff Area to a Special Economic Zone
  
  or Unit, to carry on the authorised operations by the Developer or
  
  entrepreneur;
  d.    
  
    drawback
  
  or such other benefits as may be admissible from time to time on goods brought
  
  or services provided from the Domestic Tariff Area into a Special Economic Zone
  
  or Unit or services provided in a Special Economic Zone or Unit by the service
  
  providers located outside India to carry on the authorised operations by the
  
  Developer or entrepreneur;
  e.     
  
    exemption
  
  from service tax under Chapter V of the Finance Act, 1994 (32 of 1944) on
  
  taxable services provided to a Developer or Unit to carry on the authorised
  
  operations in a Special Economic Zone;
  f.     
  
    exemption
  
  from the securities transaction tax leviable under Section 98 of the Finance
  
  (No. 2) Act, 2004 (23 of 2004) in case the taxable securities transactions are
  
  entered into by a non-resident through the International Financial Services
  
  Centre;
  g.    
  
    exemption
  
  from the levy of taxes on the sale or purchase of goods other than newspapers
  
  under the Central Sales Tax Act, 1956 (74 of 1956) if such goods are meant to
  
  carry on the authorised operations by the Developer or entrepreneur.
  2.     
  
    The
  
  Central Government may prescribe, the manner in which, and, the terms and
  
  conditions subject to which, the exemptions, concessions, draw back or other
  
  benefits shall be granted to the Developer or entrepreneur under sub-section
  
  (1).