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TMI BlogMinutes of the 67th meeting of the Board of Approval for SEZs held on 9th October 2015 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 ..... er 2015 The Board after deliberations extended the validity of the formal approval up to 18 th September, 2016. (ii) Request of M/s. Kerala State IT Infrastructure Ltd. (KSITIL) for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for IT/ITES at Cheemeni Village, Kasargod District, Kerala, beyond 18 th September 2015 The Board after deliberations extended the validity of the formal approval up to 18 th September, 2016. (iii) Request of M/s. Kakinada SEZ Private Limited for further extension of the validity period of formal approval, granted for setting up of port based multi product SEZ at Kakinada, East Godavari District, Andhra Pradesh beyond 26th August, 2015 The Board after deliberations extended the validity of the formal approval up to 26 th August, 2016. (iv) Request of M/s. Golden Tower Infratech Pvt. Ltd. for further extension of the validity period of formal approval, granted for setting up of sector specific SEZ for IT/ITES at Plot No. 8, Sector-144, Noida, Uttar Pradesh, beyond 2 d September 2015 The Board after deliberations extended the validity of the formal approval up ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fied in the name of SIPCOT has been approved for de-notification by the DOC. The Board, after deliberations, approved the proposal of M/s. Cheyyar SEZ Developers Pvt. Ltd. for setting up of a sector specific SEZ for Footwear at SIPCOT Industrial Growth Centre, Bargur, Uthangarai and Pochampalli Taluk, Krishnagiri District, Tamil Nadu, over an area of 58.21 hectares. Item No. 67.5: Miscellaneous Cases (i) Request of M/s. Syngene International Limited, a co-developer of M/s. Mangalore SEZ a multi product SEZ at Mangalore, Karnataka for authorized operations. The Board after deliberations, approved following authorized activities of the co-developer in the processing area of 16.2 hectares. S. No. Name of the authorized activity No. of unit Area per unit (in sqm.) as per FSI/FAR norms a applicable Total area (in sqm.) capacity (in MW) 1. Setup the lab facility for Research development NA NA NA 2. Research Development in active pharmaceutical ingredients, advanced interm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lity 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 co-developer shall furnish details of PAN and jurisdictional assessing officer of the co-developer to CBDT. (v) Request of M/s. Wipro SEZ, for relaxation of the contiguity of the sector specific SEZ for IT/ITES at Sector V, Salt Lake City, Kolkata The BOA noted that the said SEZ is functional at Site 1, and both Site 1 and 2 have proper boundary wall and that it is an SEZ for IT/ITES. Therefore, the BOA, after deliberations, approved the request of M/s. Wipro SEZ to develop 2.5 acres of land which is situated at Site 2 of the said SEZ with the condition that the Developer shall install fool proof security systems at the entry and exit points which shall be adequately manned to prevent any possible leakages or misuse of SEZ scheme. (vi) Request of M/s. India Land KGISL Tech Park Pvt. Ltd. a co-developer in M/s. Coimbatore Hitech Infrastructure Private Ltd. (CHIL) a sector specific IT/ITES SEZ at Keeranatham village, Coimbatore Taluk District for cha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 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. (viii) Request of M/s. Mikado Realtors Pvt. Ltd. a sector specific SEZ for Electronic Hardware, IT/ITES SEZ at Village Behrampur Balola, Distt. Gurgaon, Haryana for re-consideration of the decision of the BoA for de-notification/cancellation of formal approval BOA, after deliberations, directed the applicant to submit a detailed report to DC, NSEZ with respect to acquisition and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o submit audited financial statements of SEZ and DTA units to the DC and directed DC, NSEZ to carry out formal inspection of the Unit and submit a detail report on investments made in the unit, plant and machinery installed in the said Unit alongwith the performance of the Unit since grant of initial LoP. BOA accordingly deferred decision on the appeal. Decision on Supplementary Agenda Item No. 67.7: Requests for Co-developer (1) Request of M/s. Mundra Solar Technopark Pvt. Ltd. for co-developer in the multi product SEZ at Mundra, Kutch, Gujarat, being developed by M/s. Adani Ports and Special Economic Zone Ltd. The BOA after deliberations approved the request of M/s. Mundra Solar Technopark Pvt Ltd for increase of Electronic Manufacturing Cluster (EMC) area from 207.20 hectares to 259.70 hectares. Item No. 67.8 : Requests for extension of LoP beyond 31d Year onwards (i) Request of M/s. Hi-Tech Inforamtion Pvt. Ltd a unit in the multi product SEZ being developed by M/s. Falta SEZ, Kolkata for extension of LoP beyond 30.09.2015. The Board after deliberations extended the validity of the LOP up to 310i March, 2016. (ii) Request of M/s. Alstom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al Petrochemicals 10. Shri Subhash Sharma, OSD, Govt. of Chhattisgarh 11. Shri N.K.S, OSD (Industries) Noida Authority, Government of U.P. 12. Shri Ajayakumar K, Joint Secretary, Liaison officer, O/o Resident Commissioner, Govt. of Kerala 13. Dr. S.K. Sahoo, Dy. Director (EP), O/o DC(MSME), M/o MSME, Nirman Bhawan, New Delhi. 14. Dr. Rakesh A.R., Ministry of Urban, Department of Town and Country Planning 15. Dr. Anita Aggarwal, Department of S T, Ministry of S T 16. Shri J.P. Singh, Joint Director (Ento), MOA FW 17. Shri S.N. Singh, J.D. DIC, Gurgaon, Haryana 18. Smt. Shiela Tirkey, SO, Ministry of Commerce Industry, Department of Industrial Policy Promotion 19. Ms. Letha Lakshmi Kutty, SO (IS-II), Ministry of Home Affairs LIST OF DEVELOPMENT COMMISSIONERS 20. Dr. L.B. Singhal, Development Commissioner, Noida SEZ 21. Dr. Safeena AN, Development Commissioner, CSEZ 22. Shri A.K. Choudhary, Development Commissioner, Sri City SEZ 23. Shri Upendra Vashisht, Development Commissioner, KASEZ 24. Ms. Sobhana K.S. Rao, Development Commissioner, VSEZ 25. Shri M.K. Shanmuga Sundaram, Development Commissioner, MEPZ-SEZ 26. Shri K.L ..... X X X X Extracts X X X X X X X X Extracts X X X X
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