Tuesday, November 12, 2019

ONGC wants to take Opal out of SEZ as domestic demand grows

ONGC Petro additions (OPaL), a JV between ONGC, Gujarat State Petroleum Corporation and Gail at the Dahej SEZ, is working towards getting the domestic tariff area (DTA) access to gain from the lower tax regime now. A DTA setup enables a company to set up manufacturing units that cater to the domestic market, while an SEZ unit is meant only for exports.

from Energy-Industry-Economic Times https://ift.tt/36XyLO9

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