Govt allows SEZ units to reclaim undelivered goods, but limits relief
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The government amended the Special Economic Zone Rules, 2006, on October 15 to allow units to reclaim undelivered goods.
- ✓Units must bring back rejected items within 30 days of clearance.
- ✓They can resell these goods in the domestic market after paying duty.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Standard
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Govt amends SEZ rules to allow return of goods rejected by domestic buyers (Representative image from file)
Earlier this week, the government amended the Special Economic Zone (SEZ) Rules, 2006, allowing SEZ units to bring back duty-paid goods that domestic buyers fail to accept under specified conditions and resell them in the domestic market. The change is aimed at addressing inventory pile-ups when buyers refuse delivery because of changes in fashion, market conditions or a breach of sale terms.
The Ministry of Commerce and Industry notified the Special Economic Zones (Third Amendment) Rules, 2026, on October 15, amending Rule 49(2) of the SEZ Rules, 2006.
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