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TMI BlogMinutes of the 57th meeting of the SEZ Board of Approval held on 15th March 2013 to consider proposals for setting up Special Economic Zones and other miscellaneous proposalsX X X X Extracts X X X X X X X X Extracts X X X X ..... current financial year, up to 31.12.2012, have been to the tune of ₹ 3,53,194.90 crores registering a growth of about 35.34% over the exports of the corresponding period of FY 2011-12. Item No. 57.1: Proposals for setting up of SEZs (i) Proposal of M/s. UP Electronics Corporation Limited, for setting up of a sector specific Special Economic Zone for IT Electronics at Chuck Gajaria Farm, Sultanpur Road, Lucknow, Uttar Pradesh, over an area of 40 hectares. The Board noted that the Developer was in possession of the land. The Government of Uttar Pradesh had also recommended the proposal for formal approval vide their letter dated 21.02.2013. Accordingly, the Board decided to grant formal approval to the proposal of M/s. UP Electronics Corporation Limited, for setting up of a sector specific Special Economic Zone for IT Electronics at Chuck Gajaria Farm, Sultanpur Road, Lucknow, Uttar Pradesh, over an area of 40 hectares. Item No.57.2 : Requests for co-developer All BoA sanctioned approvals to co-developers are subject to the condition that particular terms and conditions of lease agreement/co-developer agreement will not have any bearing on the tr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s (i) Proposal of M/s. Dr. Reddy s Laboratories Limited, a sector specific SEZ for Pharmaceuticals at Devunipalavalsa, Ranasthalam Mandal, Srikakulam District, Andhra Pradesh for providing a second entry/exit gate in the SEZ After deliberations, the Board approved the request of developer for providing second gate on the north side of the zone for complete materials movement including coal/ash/rice husk/HSD in the Processing area, subject to the condition that any additional cost so incurred on any extra manpower, material etc. will be borne by the developer. (ii) Proposal of M/s. Sri City (P) Ltd., a multi product SEZ at Satyavedu Mandal, Chittoor District, Andhra Pradesh for approval of authorized operation viz construction of 100 room hotel (3-4 star category in stages) in the non-processing area of the SEZ After deliberations, the Board approved the following authorized operations in the non-processing area :- S. No. Name of the authorized activity No. of Units Area per unit (in sqm) as per FSI/FAR norms as applicable Total area (in sqm)/capacity in MW ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ltd. for partial de-notification of an area of 25.07 hectares from the SEZ thereby making the total area of the SEZ as 76.14 hectares. The approval is subject to the DC furnishing a certificate in the prescribed format certifying inter alia that the contiguity of the SEZ is maintained, the developer has either not availed or has refunded all the tax/duty benefits availed under SEZ Act / Rules in respect of the area to be de-notified, the State Govt has no objection to the de-notification proposal etc. (ii) Request of M/s. Combine Realty Private Limited, a co-developer in the sector specific SEZ for IT/ITES at village Ognaj, Taluka Dascroi, District Ahmedabad being developed by M/s. Calica Construction Impex Private Limited for increase in area of its operations The representative of Gujarat Government expressed certain reservations on the proposal. After deliberations, the Board deferred the request of the co-developer and directed that Govt. of Gujarat may communicate its comments to DoC which will then decide the proposal on file. Item No. 57.5: Requests for de-notification (i) Request from M/s L T Chennai Projects Private Limited, Chennai (developer of L ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 hectares. The approval is subject to the DC furnishing a certificate in the prescribed format certifying that the developer has not availed any tax/duty benefits under SEZ Act / Rules , the State Govt has no objection to the proposal etc. (Item No.57.7) Requests for Extension of Formal Approvals Item No.57.7.1: Request for first extension of validity of formal approvals beyond 3 rd year. (i) Request for extension of LoA beyond 3rd year from M/s. Bengal Shriram Hitech City Private Limited for setting up an IT/ITES SEZ at Uttarpara, Kolkata, West Bengal Development Commissioner, Falta SEZ submitted that the proposal for extension of validity of LOA for a period beyond 13th July, 2013 cannot be supported. The Board after deliberations rejected the request of the developer for further extension of the validity of the LoA. Item No.57.7.2 : Requests for extension of validity of formal approvals beyond 3rd year. (i) Request for further extension of LoA from M/s. Cognizant Technology Solutions India Pvt. Limited for setting up an IT/ITES SEZ at Adibatla Village, Ibrahimpatnam Mandal, Ranga Reddy District, Andhra Pradesh Has been omitted as it is men ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge, Ibrahimpatnam Mandal, Ranga Reddy District, Andhra Pradesh beyond 6th January 2013 (beyond 5th year) The Board after deliberations extended the validity of the formal approval for one year up to 6th January, 2014. ( v) Request for further extension of LoA from M.P. Audyogik Kendra Vikas Nigam (Jabalpur) Ltd. for setting up a sector specific SEZ for Mineral and Mineral based Industry at village Hargarh, Tehsil Sehora, Distt. Jabalpur, Madhya Pradesh beyond 16th March, 2013 (beyond 5th year) The Board after deliberations extended the validity of the formal approval for one year up to 16th March, 2014. (vi) Request for further extension of LoA from M/s. Beneficent Knowledge Parks Properties Limited for setting up a multi services SEZ at Parigi and Serikokum Villages, Parigi Mandal, C. Kodigepalli village, Madakasara Mandal, Anantapur District, Andhra Pradesh, beyond 4th February 2013 (beyond 5th year) The Board after deliberations extended the validity of the formal approval for one year up to 4th February, 2014. (vii) Request for further extension of LoA from Gujarat Industrial Development Corporation (GIDC) for setting up an IT/ITES SEZ at Gandhinagar-Sa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ur Industrial Area Development Authority for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for Automobiles/Auto Components at Adityapur, Jharkhand, beyond 13th December 2012 (beyond 7th year) The Board after deliberations extended the validity of the In-principle approval for one year up to 13th December, 2013. Item No. 57.8 Extension of LoP Item No. 57.8.1 Requests for extension of LoP beyond 3rd Year (in cases where two-third activities are not complete) (i) Request of M/s. Hindustan Polyamides fibres Ltd., a unit in Dahej SEZ at Bharuch, Gujarat for extension of Letter of Permission (LOP) beyond 5th January 2013 (beyond 3rd year) The Board after deliberations extended the validity of the LoP for one year up to 5th January, 2014. (ii) Request of M/s. Alstom Bharat Forge Power Ltd., a unit of MPSEZ at Mundra, Kutch, Gujarat for extension of Letter of Permission (LOP) beyond 2nd February 2013 (beyond 3rd year) The Board after deliberations extended the validity of the LoP for one year up to 2nd February, 2014. (iii) Request of M/s. Kalyani Alstom Power Ltd., a unit of MPSEZ at ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2013. Item No. 57.8.3 Requests for extension of LoP beyond 5th Year (i) Request of M/s. XL Energy Limited., a unit in sector specific SEZ for Semiconductors being developed by M/s FAB City SPV (India) Pvt. Limited at Raviryal / Srinagar Villages, Maheswaram Mandal, Ranga Reddy District, Andhra Pradesh for for extension of Letter of Permission (LOP) beyond 27th March, 2013 (beyond 5th year) The Board after deliberations extended the validity of the LoP for six months up to 27th September, 2013. (ii) Request of M/s. Fulcrum Worldwide Software Pvt Ltd., a unit in sector specific SEZ for IT /ITES being developed by MIDC at Plot No. 14, Rajiv Gandhi Infotech Parck, Hinjewadi, District, Pune, Maharashtra for extension of Letter of Permission (LOP) beyond 27th February, 2013 (beyond 5th year) The Board after deliberations extended the validity of the LoP for six months up to 27th August, 2013. (iii) Request of M/s. Vigor Laboratories, a unit in Indore SEZ for extension of Letter of Permission (LOP) beyond 21st January, 2013 (beyond 5th year) The Board after deliberations extended the validity of the LoP for six months up to 21st July, 2013. (iv) Request ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hever is earlier. In order to ensure uniformity of treatment to all similar units, it was decided that this decision would be applicable to all worn and used clothing reprocessing units, including those which have been granted extension of validity of LOPs beyond 30th June, 2013. (iii) Request from DC MEPZ for extension of scrap based re-cycling unit M/s SEZ Recyling a recycling unit in Mahindra World City for the 2nd five year period from 24 th March, 2013 to 23rd March, 2018. The Board after deliberations decided that DoC would seek necessary clarifications in this regard from DC, MEPZ and take a suitable decision after necessary examination, on file. Item No. 57.9 Miscellaneous Cases (i) Request from M/s Mayar Infrastructure Development Pvt. Ltd. for merger of its two notified Biotech sector specific SEZs located Gurgaon (Haryana): The representative of DoR objected to the above proposal and sought that the developer may first be asked to establish contiguity by construction of overbridge / underpass and only after such measures have been taken that the proposal be approved. The Board after deliberations accordingly approved the proposal, subject to the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (iv) Full financial details relating to the transfer of equity shall be furnished immediately to the Member (IT) CBDT, Department of Revenue. (v) The assessing officer under the Income Tax Act, 1961 , shall have the right to assess the taxability of the amount arising out of the transfer of equity. (vi) The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. (v) Request of M/s. Venture Automotive Tooling India Pvt. Ltd., a unit in Sri City Multi Product SEZ for grant of permission to undertake job work from Domestic Tariff Area Units to utilize the surplus capacity by units located in SEZs The Board observed that the unit has requested permission to undertake job work from DTA unit for domestic market for reasons which include keeping the work force engaged, utilization of its idle capacity etc. BoA after deliberations decided that the proposal cannot be accepted. (vi) Proposal of M/s. GMR Hyderabad Aviation SEZ Limited, SEZ for Aviation sector at Mamidipalli village, Shamshabad Mandal, Ranga Reddy District, Andhra Pradesh for usage of Air Side Gate (Second Gate) which require frequent entry int ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax Act, 1961 , shall have the right to assess the taxability of the amount arising out of the transfer of equity. (xii) The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. (x) Request for de-notification for developer M/s. Bata India Limited and codeveloper M/s. Riverbank Holdings Pvt. Ltd. for sector specific IT/ITES SEZ at Bata Nagar, West Bengal The Board noted that in its meeting held on 8th June, 2010, BoA had approved the denotification request by the developer M/s. Bata India Ltd. After deliberations BoA approved the request for de-notification for co-developer M/s. Riverbank Holdings Pvt. Ltd. for sector specific IT/ITES SEZ at Bata Nagar, West Bengal (xi) Re-consideration to the request of M/s. Mumbai Futuristic Economic Zone Pvt. Ltd. (Formerly Quippo Infrastructure Equipment Ltd.) for Engineering SEZ at Alibag, Raigad, Maharashtra for grant of third extension of in-principle approval. The Board after taking in to consideration the recommendation of the Development Commissioner, SEEPZ SEZ with regard to the commitment of the developer to develop the said project within 6 mont ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sh 18. Shri N.P.S. Monga, Development Commissioner, SEEPZ SEZ 19. Dr. Safeena AN, Development Commissioner, Cochin SEZ 20. Shri Vijay N. Shewale, Development Commissioner, Surat SEZ, Surat 21. Shri Mahendra Jain, Development Commissioner, NMSEZ and KASEZ 22. Shri S. Kishore, Development Commissioner, APSEZ 23. Shri K.L. Sharma, Development Commissioner, Sterling SEZ, Gujarat 24. Smt. Lata Shukla, Development Commissioner, Mundra SEZ 25. Shri Ved Prakash, Development Commissioner, Mihan SEZ 26. Shri Anil Bamba, Development Commissioner, Sricity SEZ 27. Shri. S.N. Patil, Joint Development Commissioner, Dahej SEZ 28. Shri A.K. Rathore, Joint Development Commissioner, ISEZ, Indore, Madhya Pradesh. LIST OF PARTICIPANTS OF DEPARTMENT OF COMMERCE 29. Shri Madhusudan Prasad, Additional Secretary, Department of Commerce 30. Shri Rajeev Arora, Joint Secretary, Department of Commerce. 31. Shri Sanjeet Singh, Director, Department of Commerce 32. Shri Kabiraj Sabar, Under Secretary, Department of Commerce 33. Shri S.S. Kumar, Under Secretary, Department of Commerce 34. Shri Pankaj Gangwar, Section Officer, Department of Commerce 35. Shr ..... X X X X Extracts X X X X X X X X Extracts X X X X
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