The Government of Karnataka has announced a State Policy for Special Economic Zones-2009 vide Govt.Order No. CI/114/SPI/2007 dtd: 28.2.2009 to support and encourage development of SEZs in the State. As per Rule 5(5) of Central SEZ Rules 2006 certain fiscal benefits have been extended to SEZ Developers/ Co-developers/Units in the State Policy for SEZs-2009. The
guidelines for administration of these fiscal benefits have to be issued for the guidance of the concerned Officers for administration of the incentives package. This policy shall come into effect from 28.2.2009 and it will be in force until
further orders.