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  • Sector specific First Mega Paper Mill under SEZ scheme by Andhra Pradesh based Promoters
  • Provides direct employment for 5000 and indirect employment for 15,000 persons
  • Tax exemptions and incentives under SEZ scheme substantially contribute to economic value additions to shareholders.
  • Buy-back arrangement with Elof Hansson , Sweden for marketing the finished goods.
  • Substantial Contribution to the Government exchequer by way of Taxes and duties.
  • Increased Utilization of Kakinada Port facilities through Bulk imports and exports.
  • Memorandum of Understanding (MoU): MoU has been signed between Government of Andhra Pradesh and Whitefield Paper Mills Ltd on 27th of March, 2006 with GoAP assuring full support.

SEZ Advantages :

  • Treated as foreign territory for trade operations involving
  • substantial duty and tariff benefits
  • No license required to import goods
  • Exemption from customs duty on import of capital goods, raw materials, consumables, spares, etc.
  • Exemption from Central Excise duty on procurement of capital goods, raw materials, consumables spares etc. from domestic market
  • Reimbursement of Central Sales Tax if paid on domestic purchases
  • Income-tax exemption for 15 years.
  • No service-tax on services rendered and received
  • No dividend payment tax
  • Supplies from Domestic Tariff Area (DTA) to SEZ treated as exports

Marketing & Sales :

  • Paper Export Market

Elof-Hansson AB, Sweden for selling 60% of the finished production

  • Deemed Exports:

- Sell 20% of its finished products as deemed exports

  1. Users consuming paper located in notified SEZ,

  2. 100% Export Oriented Units, and

  3. Buyers paying in foreign currency.

- Sell directly to publishing houses, stationary product units in SEZs etc in India through in-house expertise and contracts.

  • Domestic Market

Sell 20% of its finished products in domestic market through 5- 10 dealers in selected centers.

  • Surplus Power

Entered into a Power Purchase Agreement with Power Trading Corporation for sale of upto 40 MW for 25 years.


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