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Minutes of the 83th meeting of the. Board of Approval for SEZ held on 19 June 2018 to consider setting up of Special Economic Zones and other miscellaneous proposals
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....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) (a) Request of M/s. HBS Pharma SEZ Pvt. Ltd., for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for Pharmaceuticals at Panoli Industrial Estate, District Bharuch, Gujarat beyond 16/06/2018. The Board, after deliberations, approved extension of the validity of the formal approval up to 16th June, 2019. (b) M/s. HBS Pharma SEZ Pvt. Ltd., has sought for change in sector of the notified SEZ from 'Pharmaceutical' to "Transport-Automobile & Engineering goods" to allow manufacturing and trading in all types of tires, tubes, flaps, rubberized tracks (reinforced or otherwise), ORings and related accessories thereof such as, Rims, wheels, valves, individually or in sets/assemblies or in subsets/sub-assemblies or in any combination thereof, for all type of vehi....
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.... Request of M/s. GOCL Corporation Limited (Formerly Gulf Oil Corporation Ltd.) for further extension of the validity period of formal approval, granted for setting up of IT/ITES/BPO/Electronic Hardware SEZ at Kattigenahalli & Venkata/a Villages, Yelahanka Hobli, Bangalore, Karnataka beyond 17th June, 2018. The Board, after deliberations, approved extension of the validity of the formal approval up to 17th June, 2019. (viii) Request of M/s DLF Info Park, (Pune) Ltd. for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for IT/ITES at Rajiv Gandhi Infotech Park, Phase-II, Hinjewadi, Pune, Maharashtra beyond 26.06.2018. The Board, after deliberations, approved extension of the validity of the formal approval up to 26th June, 2019. Item No. 83.2: Requests for extension of LoP beyond 3rd Year onward (7 proposals) (i) Request of M/s. APPL Industries Limited in Dahej SEZ for extension of Letter of Approval (LOA) up to 13/02/2019. The Board, after deliberations, approved extension of the validity of the LoP up to 13th February, 2019. (ii) Request of M/s. Camlin Fine Sciences Ltd in the Plot No Z/96/D, Dahej SEZ Ltd, Part II....
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....g the authorized operations as contracted. The Board, after deliberations, approved the proposal of M/s. Winterfell Realty Pvt. Ltd. for Development of Infrastructure, Operation, Maintenance and Leasing of the developed area of the SEZ, including undertaking the authorized operations over an area of 10 acres as contracted 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). (ii) Request of M/s. Midas Projects Pvt. Ltd (MPPL) for co-developer status in M/s. Divyasree NSL Infrastructure Pvt. Ltd. (DNIPL) SEZ for providing infrastructure facilities and other operations The Board, after deliberations, approved the proposal of M/s. Midas Projects Pvt. Ltd. (MPPL) for providing infrastructure facilities and other operations 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). (iii) Re-consideration of request of M/s. Synergy Infotech Pvt. Ltd. for Co-developer statu....
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....; iii) Applicability of and compliance with all Revenue / Company Affairs /SEBI etc. rules which regulate issues like capital gains, equity change, transfer, taxability etc. iv) Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member (IT), CBDT, Department of Revenue and to the jurisdictional Authority. v) The Assessing Officer shall have the right to assess the taxability of the gain/loss arising out of the transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections of the Income Tax Act, 1961. vi) The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. vii) The developer shall furnish details of PAN and jurisdictional assessing officer of the developer to CBDT. (iii) Request from developer for recommendation for transfer of LoA M/s. Aspen Infrastructure Ltd. (formerly known as M/s. Synefra Engg. & Construction Ltd.), developer - Aspen Infra SEZ, Coimbatore. The Board approved the proposal subject to following condi....
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....me Tax Act, 1961. vi) The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. vii) The developer shall furnish details of PAN and jurisdictional assessing officer of the developer to CBDT. (v) Proposal for setting up Free Trade Warehousing Zone for an area admeasuring 1337.5 Sq. Mtr. for storage /B2B display area for high value commodities like bullions/diamonds etc. and for tech laboratory and medical instrumentation, pharma/fashion industry products, international art auctions/art investment/art trade/artwork storage by the Co-Developer M/s. ATS Savvy Developers LLP in processing area of GIFT Multi Services SEZ m/r Representative of DGEP, D/o Revenue informed that the Member (Customs), CBIC had desired that the matter may be deferred for a week for further examination of the proposal. The, Board, decided to defer the proposal for a week and desired that the comments of D/o Revenue should be made available to the D/o Commerce within a week and thereafter, to decide the matter on file. (vi) Request for transfer of ownership from M/s. Indospace AS Industrial Park Private Limited to M/s. A.S. Cargo Movers (P) Lim....
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....ucture in non-processing area of IT/ITES SEZ at village Gwal Pahari, Distt. Gurgaon, Haryana The Board, after deliberations, approved the proposal, subject to refund of all income tax/duties/fiscal benefits availed by the Developer. (xii) Request of M/s. GAR Corporation Private Limited for increase an area of 0.769 hectares in the sector specific SEZ for IT/ITES at Sy. No. 89(P), Kokapet Village, Gandipet Mandal, Ranga Reddy District, Telangana. The Board, after deliberations, approved the proposal. (xiii) Request for approval for importing "Spectralink PIVOT 8744 Enterprise Smartphone by M/s. L&T Technology Services Limited in M/s. L&T SEZ, Mysore, Karnataka. The Board, after deliberations, approved the proposal. (xiv) M/s. Abhijeet Ferro Tech Ltd. of APSEZ, Visakhapatnam for import of Ferro Manganese Slag for a quantity of 20,000 MTs. The Board, after deliberations, approved the proposal for import of 20,000 MTS of Ferro Manganese Slag. (xv) Request of M/s. Anita Exports, a unit in Kandla SEZ for renewal of LoA for extension of recycling of plastic waste and scrap The Board, after deliberations, deferred the proposal with the direction to DC KASEZ to carry out ....
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....rial License to SEZ Units for manufacture of items covered by the ID (R&A) Act, the BOA was not empowered to decide the cases of manufacture of items covered under the Arms, Act, 1959. It was informed that Ministry of Home Affairs had delegated these powers to the Secretary, Department of Industrial Policy & Promotion. Addl. Secretary (SEZ) informed that he had discussed the issue with the Secretary, DIPP and it was decided that proposals for grant of manufacture of items covered under the Arms Act, 1959 by SEZ Units, may be considered and approved by the BOA, where after, the Secretary, DIPP would consider issuing the license. (i) Application of M/s Zen Technologies Ltd., SEZ unit under VSEZ requiring Industrial License. The Board, after deliberations, decided to approve the proposal of M/s Zen Technologies Ltd., for grant of Industrial License for design, development and manufacture of simulators for aerospace, defence, home land security, mining and road transport industry from their SEZ unit at Ranga Reddy District, Telangana. (ii) Application of M/s Defsys Solutions Pvt. Ltd., SEZ unit under NSEZ requiring Licence to manufacture of equipments for defence application. The....
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....ary Agenda Item No. 83.8: Requests for extension of validity of formal approvals (one proposal) (i) Request of M/s. Mayar Infrastructure Development Pvt. Ltd. for further extension of the validity of formal approval, granted for setting up of Biotechnology Sector Specific SEZ at Village Rahka and Nimoth, Tehsil Sohna, Gurgaon (Haryana) beyond 13.07.2018. The Board, after deliberations, decided to recommend the proposal for approval of Hon'ble CIM in relaxation of the provisions of Rule 5(7) of SEZ Rules, 2006. Item No. 83.9: Requests for co-developer (5 proposals) (i) Request of M/s. Phoenix Financial District Pvt. Ltd for co-developer status in the M/s. Phoenix Spaces Pvt. Ltd, IT/ITES SEZ at Sy. No. 285, Puppalguda Village, Rajender Nagar District, Telangana to develop and construct the Building and also undertake the operations and maintenance of the building The Board, after deliberations, approved the proposal of M/s. Phoenix Financial District Pvt. Ltd. for developing and construction the building and also undertake the operations and maintenance of the building in accordance with the co-developer agreement entered into with the developer, subject to standard ter....
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....n the M/s. Phoenix Ventures ht. Ltd, IT/ITES SEZ at sy. No. 35 P & 36, Gachibowli Village, Serilingampally District, Telangana to develop and construct the Building and also undertake the operations and maintenance of the building The Board, after deliberations, approved the proposal of M/s. Phoenix Infraspace India Pvt. Ltd. for developing and construction the building and also undertake the operations and maintenance of the building 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). Item No. 83.10: Change of Shareholding Pattern Cases (2 proposals) (i) M/s. Black Canyon SEZ Pvt. Ltd., Co-developer of IT/ITES SEZ of M/s. ASF Insignia SEZ Pvt. Ltd. at Village Gwal Pahari, Gurgaon (Haryana) - Proposal for change of shareholding pattern of the company. The Board approved the proposal subject to following conditions:- i) Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered co-developer entity; ii) Fulfilment of all eligibility criteria applicable to co-developer, i....
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....t, 1961. vi) The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. vii)The developer shall furnish details of PAN and jurisdictional assessing officer of the developer to CBDT. Item No. 83.11: Miscellaneous Cases (3 proposals) (i) Proposal of M/s. P.L.G. Incubation Services Pvt. Ltd., co-developer for increase in area proposed to be developed in the Electronics Hardware & Software including IT/ITES SEZ of M/s. Artha Infratech Pvt. Ltd. at Plot No. 21, Sector- Techzone-IV, Greater Noida. After deliberations, the Board approved the proposal of M/s. P.L.G. Incubation Services Pvt. Ltd. for increase in the area by 0.2601 hectares (2601 sqmt.), 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 is reduced to a period not exceeding 30 years (Renewable). (ii) Proposal of M/s. HCL Technologies Ltd., Developer for approval of additional authorized operation (Convenience Store) in the processing area of IT/ITES SEZ at Plot No. 3A, 3B & 2C, Sector-126, Noida (U.P.). The Board, after deliberation....
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....considered on file after receipt of necessary recommendations. List of Participants for the Meeting of the Board of Approval for Special Economic Zones held on 19th June, 2018 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 Bidyut Behari Swain, Additional Secretary, Department of Commerce 4. Smt. Deepshikha Sharma, Addl. (CIT) OSD, CBDT, Department of Revenue, Ministry of Finance. 5. Dr. Prem Verma, ADG, DGEP, CBEC 6. Shri Sanjay Bansal, ADG, DGEP 7. Shri Saroj Kumar Behera, Joint Director, DGEP, CBEC 8. Shri C.S.S. Rao, Dy. Director, O/o DC (MSME), Nirman Bhawan, New Delhi 9. Shri Anil Kant Mishra, Research Assistant TCPO, Ministry of Urban Development, Vikas Bhawan, I.P. Estate, New Delhi 10. Shri Neeraj Kumar Sharma, R.O., DIPP. 11. Smt Lithrongla G. Chishi, Commissioner & Secretary, Industries & Commerce, Govt. of Nagaland. 12. Ms. Urmila, Joint Director, Ministry of Environment Forest & Climate Change. 13. Ms. Amrita Gupta, Research Officer, M/o EFCC 14. Shri V.P. Kureel, Assistant Director, O/o DC (MSME).....