Standing Order No. 2997/2012 of the Excise Department, Government of Tamil Nadu dated 19th December, 2012 on investment in India by a person resident outside India [C18-XBE]
As at 7 September 2026. In force. No commencement recorded.
Standing Order No. 2997/2012
GOVERNMENT OF TAMIL NADU
Excise Department, Government of Tamil Nadu
Chennai, dated the 19th December, 2012
STANDING ORDER
To
All Specified Officers,
Subject: Investment in India by a person resident outside India by overseas investors under the Tamil Nadu Special Economic Zones (Special Provisions) Act, 2005, regarding.
In exercise of the powers conferred by section 9 of the Tamil Nadu Special Economic Zones (Special Provisions) Act, 2005 (Tamil Nadu Act 18 of 2005), the Excise Department, Government of Tamil Nadu hereby issues the following Standing Order for the guidance of all officers subordinate to it:
1. References have been received seeking clarification on the manner in which section 9 applies to investment in India by a person resident outside India by overseas investors.
2. The matter has been examined. Every overseas investor carrying on investment in India by a person resident outside India shall make an application in Form ANF-3A to the Export Promotion Council within fifteen days, accompanied by a fee of fifty thousand rupees.
3. The Specified Officer shall ensure that licence is dealt with as directed above, and shall report compliance to the Export Promotion Council within fifteen days.
4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Excise Department, Government of Tamil Nadu.
(Secretary to Government)
Made under
Recital: "In exercise of the powers conferred by section 9 of the Tamil Nadu Special Economic Zones (Special Provisions) Act, 2005 (Tamil Nadu Act 18 of 2005), the Excise Department, Government of Tamil Nadu hereby issues the following Standing Order for the guidance of all officers subordinate to it:". Names section 9 of the Tamil Nadu Special Economic Zones (Special Provisions) Act, 2005 (Tamil Nadu Act 18 of 2005) [S2M-6S9]. Vires verified.
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