Archive · 15 Jun 2025
Medical Device Makers Call for SEZ 2.0 Policy Boost
Imagine some companies set up in special zones to export goods.
Now, they want to sell their products in India too.
But because of the rules, it's harder for them.
They have to pay more taxes than other companies selling in India.
Also, India made deals to allow goods from other countries to come in without high taxes.
The companies in these zones feel this is unfair.
They're asking the government to change the rules to make it easier for them to sell in India, just like other companies.
They want the government to treat them fairly.
They are asking for the tax rules to be updated.
Medical device makers in Special Economic Zones (SEZs) are requesting policy changes to compete with domestic manufacturers.
They seek amendments to SEZ policy, citing concerns about duty structures and free trade agreements.
SEZ units face higher duties on domestic sales compared to imports from countries with free trade agreements.
Industry representatives want a 'level playing field' and greater flexibility in SEZ regulations.
The changing economic landscape and India's growth are influencing demands for SEZ policy review.
- Who
- Medical device manufacturers, industry associations, and government authorities.
- What
- Medical device makers are seeking changes to SEZ policies to compete with domestic manufacturers.
- When
- Published on June 15, 2025; discussions ongoing
- Where
- India, particularly focusing on SEZs.
- Why
- To address duty discrepancies and to adapt to changing market dynamics, especially as India engages in free trade agreements.
Medical Device Manufacturers
Government Authorities
Duty Structure Disparity
Medical Device Manufacturers
SEZ units face high duties on domestic sales, unlike imports.
Government Authorities
N/A
Fair Competition
Medical Device Manufacturers
SEZ units want a level playing field and more flexibility to adapt.
Government Authorities
N/A
- Key Issue
- SEZ Policy Reform
- Entities Involved
- Medical device manufacturers, Aimed, EY India, Teamlease Regtech
- Policy Concerns
- Duty structure, free trade agreements, and export focus
- Requested Change
- Levy duty only on goods not already taxed
- Proposed Solution
- Treat it like an import into the country only to the extent of goods and services that have not suffered duty originally.