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Minutes of the 123rd meeting of the Board of Approval for SEZs held on 4th October, 2024 in Bangalore

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..... val for Special Economic Zones held on 30th August, 2024. The Board ratified the minutes of the 122nd meeting of the BoA for SEZs held on 30th August, 2024. Item No. 123.2: Request for extension of LoA of SEZ Unit [2 proposals -- 123.2(i) and 123.2(ii)] 123.2(i) - Proposal of M/s. Zen Technologies Limited in M/s. TSIIC Ltd. Adibatla SEZ for extension of Letter of Approval (LoA) beyond 02.02.2021 and upto 02.08.2025. The Board, after deliberations, regularised the validity of the LoA for the earlier period and granted extension of validity of LoA for further one year, i.e., upto 02.08.2025. The Board further directed DC, VSEZ to understand the exact reasons for delay by State Government in the instant issue and to apprise BoA during nex .....

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..... ir Conditioning of processing area. (i) Refrigerant - R407C (HSN 38276400) (ii) Refrigerant - R410A (HSN 38276300) (iii) Refrigerant - R32 (HSN 29034200) (iv) Refrigerant -- R134A (HSN 29034500) (v) Refrigerant -- R404 (HSN 38276100) 21 0.84 Further, the Board directed that the relevant provisions of the SEZ Rules may be examined for suitable amendment to simplify the approval process for such proposals at the level of UAC itself. 123.3(ii) - Proposal of M/s. V.M. Maniyar Exports, Plot No. 103-104-A, 73 & 74, Surat SEZ for Export of Prohibited Items. The Board, after deliberations, approved the proposal of M/s. V.M. Maniyar Exports, Plot No. 103-104-A, 73 & 74, Surat SEZ, for export of the following prohibited items subject .....

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..... Anakapalli District, Andhra Pradesh. Item No. 123.5: Miscellaneous [1 proposal - 123.5(i)] 123.5(i) - Proposal in respect of M/s. Digiflex India Limited for Revival of Sick Unit and transfer of assets & liabilities to M/S. Knitpro International. The Board observed that M/s. Knitpro International would be required to pay all the outstanding lease rent and other liabilities, if any, with respect to LoA No. 08/43/88-NEPZ dated 05.01.1989 issued to M/s. Digiflex India Ltd., Plot No. 55 & 58D, NSEZ. However, the status of all the outstanding dues/liabilities was not clear. Further, the present proposal for revival of LoA is in line with the scheme of revival approved by the Hon'ble High Court or otherwise is also not clear. The Board, .....

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..... the following processing built-up area as Non-Processing Area in terms of Rule 11B of SEZ Rules, 2006: Sr. No. Building No. No. of floors 1 Bldg. No. 03 4th & 7th Office floors [5,939.19 sq. mtr.] 2 Bldg. No. 08 1st & 2nd Office floors [6,491.73 sq. mtr.] 3 Bldg. No. 09 2 nd Office floors [3,253.32 sq. mtr.] 4 Bldg. No. 10 All 8 Office floors [25,178.87 sq. mtr.] 5 Bldg. No. 14 4th 5th & 7th Office floors [10,083.09 sq. mtr.] Total area 50,946.20 sq.mtrs. Item No. 123.8: Miscellaneous [1 proposal for cancellation of Formal Approval - 123.8(i)] 123.8(i) - Proposal of M/s. ValueLabs Infra LLP, an IT/ITES SEZ at sy. No. 211-213, Kokapet Village, Rajendra Nagar Mandai, Ranga Reddy District, Telan .....

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