TaxTMI 
TaxTMI 
Minutes of the 80th meeting of the. Board of Approval for SEZ held on 17 November 2017 to consider setting up of Special Economic Zones and other miscellaneous proposals
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....anted as a matter of routine unless some progress has been made on ground by the developers. The Board, therefore, after deliberations, extended the validity of the formal approval to the requests for extensions beyond fifth years for a period of one year and those beyond sixth year for a period of 6 months from the date of expiry of last extension (i) Request of M/s. Nagaland Industrial Development Corporation Ltd. SEZ for further extension of the validity of the Formal Approval for setting up a sector specific SEZ for Agro and Food Processing at Ganeshnagar, Dimapur, Nagaland beyond 11.10.2016 over an area of 50 hectares. The Board, after deliberations, approved extension of the validity of the formal approval up to 11th October, 2018. Board also directed the DC, FSEZ to take up the matter of early operationalising the SEZ with the Assistance of APEDA and Ministry of Food Processing Industry. (ii) Request of M/s. G.P. Realtors Pvt. Ltd. for further extension of the validity of formal approval, granted for setting up of Electronic Hardware & ITATES SEZ at Village Behrampur, Gurgaon (Haryana) beyond 13.11.2017. The Board, after deliberations, approved extension of the validit....
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....of the LoP up to 12th August, 2018. (vi) Request of M/s. Escientia Advanced Sciences Private Limited a Unit in M/S. APIIC developed multi product SEZ at Visakhapatnam (APSEZ) for extension of validity period of LoP beyond 20.10.2017 i.e. for fourth extension upto 20.10.2018. The Board, after deliberations, approved extension of the validity of the LoP up to 20th October, 2018. (vii) Request of M/s. Fibrofilt Industries a unit in AMRL SEZ for extension of Letter of Approval (LoA) from 24.05.2013 to 10.08.2019 The Board, after deliberations, approved extension of the validity of the LoP up to 16.11.2018. DC, MEPZ to monitor progress and intimate same to DOC from time to time. Item No. 80.3 Requests for co-developer (7 proposals) (i) Request of M/s ANSR Global Corporation Pvt. Ltd. (formerly known as Network Information Global Services India Pvt. Ltd.), Bangalore for Co-Developer status in Manyata Embassy Business Park SEZ, Bangalore for development of the SEZ area specifically to undertake the authorized operations of conversion of bare shell buildings into warm shell buildings and to lease the built-up space in the above IT/ITeS SEZ. The Board, after deliberations, approved ....
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....0 sqft. (1520.8228 sqm.), in accordance with the supplemental agreement to co-developer agreement entered into with the developer subject to standard terms and conditions as per SEZ Act and Rules provided that the lease period is reduced to a period not exceeding 30 years (Renewable). (v) Request of M/s. Divyasree Tech Park Contractors Pvt. Ltd for co-developer status in M/s. Lanco Hills Technology Park Pvt. Ltd SEZ for providing infrastructure facilities and other operations including IT/ITES buildings The Board, after deliberations, approved the proposal of M/s. Divyasree Tech Park Contractors Pvt. Ltd. for providing infrastructure facilities and other operations including IT/ITES buildings in an area of 11.15 Hectares (27.55 Acres) in accordance with the co-developer agreement entered into with the developer, subject to standard terms and conditions as per SEZ Act and Rules provided that the lease period does not exceed 30 years (Renewable). (vi) Request of M/s. Glomed Developers Pvt. Ltd. for Co-developer status in MIDC IT/ITES SEZ, Rajiv Gandhi Infotech Park, Phase-III, Hinjewadi, Pune for construction of buildings and related infrastructure for IT/ITES Units, Development ....
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....and not Restricted category. The Board, after deliberations, deferred the proposal with observation that DC, Dahej may examine the proposal after getting complete details and the views of the Ministry of New and Renewable Energy (MNRE). (ii) Request of Gujarat State Petronet Ltd., (GSPL) for approval as a co-developer for laying about sixteen kilometer gas pipeline in the APSEZ, Mundra. Representatives of DGEP stated that the proposal was not covered as a Co-developer in its strict sense. However, GSPL would not be availing any tax benefit. Further, there is no provision in the SEZ Act, 2005 or SEZ Rules, 2006 for free in and out movement of the goods. Supplying gas in and out of SEZ is not an authorized operation in SEZ as per SEZ Act, 2005. The Board noted that since no tax or duty benefit will be availed by M/s GSPL and that similar permission had been given under Cochin SEZ earlier, approved the proposal subject to the condition that GSPL will not be eligible for any tax or duty benefit for the laying of the pipeline. (iii) Request of M/s. Platinum Holdings Pvt. Ltd. (Chennai) Developer of Sector Specific SEZ for IT/ITES at Abu Garden, OMR Road, Navalur, Chennai, Thiruval....
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....d that the appeal relates to allowing the Unit to act as a normal Import and Export Port which is not allowed as per the provisions of SEZ Act, 2005 or SEZ Rules, 2006 and therefore opined that it did not agree to allow such warehousing on behalf of the DTA supplier or DTA buyer. The Board, after deliberations, decided to reject the appeal. (ii) Reiteration of Uniform list of default authorized services. The Board, after deliberations, approved the reiteration of the default authorized operations as approved, earlier.   Annexure - I List of Participants for the Meeting of the Board of Approval for Special Economic Zones held on 17th November, 2017 under the Chairpersonship of Commerce Secretary, Department of Commerce. 1 . Ms. Rita Teaotia, Chairperson, BoA & Commerce Secretary, Department of Commerce 2. Shri Alok Vardhan Chaturvedi, DG, DGFT 3. Shri Sunil Kumar, Additional Secretary, Department of Commerce 4. Dr. Prem Verma, Additional DG, DGEP, Department of Revenue, Ministry of Finance 5. Smt. Deepshikha Sharma, Director, CBDT, Department of Revenue, Ministry of Finance 6. Shri Saroj Kumar Behera, Joint Director, DGEP, CBEC 7. Dr. Rakesh. A.R., Research Assistan....