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TMI BlogMinutes of the 124th meeting of the Board of Approval for SEZs held on 5th November, 2024 in Vanijya Bhawan, New DelhiX X X X Extracts X X X X X X X X Extracts X X X X ..... e minutes of the 123rd meeting of the Board of Approval for Special Economic Zones (SEZS) held on 04th October, 2024. The Board ratified the minutes of the 123rd meeting of the BoA for SEZs held on 4th October, 2024. Item No. 124.2 Request for extension of validity of In-principle/Formal approval [3 proposals 124.2(i) to 124.2(iii)] 124.2(i) Proposal of M/s. Dahej SEZ Limited for extension of "in- principal approval" granted for setting up of a Multi-Sector SEZ at Pakhajan, Tal. Vagra, Dist. Bharuch, Gujarat over an area of 650 Ha. The Board, after deliberations, granted extension of validity of the In-Principle Approval for a further period of one year, i.e., upto 02.11.2025. 124.2(ii) Proposal of M/s. Venkatesh Coke & Powe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Nagpur for Construction of buildings, demarcation of plot for SEZ units for multi- products and services industry with associated infrastructure as constructed, bare warm shell and warm shell with Plug & Play facilities, Internet & Wi-Fi facilities, Common Cafeteria, Common Garden, Power and its back-up facilities and maintenance thereof, Roads Networks, Water, Electricity, Security, fire and water protection system and other Authorized Operations as allowed under Instruction No. 50 dated 15.03.2010 issued by DoC, over an area of 4,29,199.89 Sq. Mtr. (106.0576 Acres), in accordance with the Co-developer Agreement dated 02.01.2024 entered into with the Developer (MIHAN SEZ) subject to standard terms and conditions as per the SEZ Act and Rule ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tc. for the purpose of assessment under the prevalent Income-tax Act, 1961 and Income-tax Rules, 1962 as amended from time to time. The lease period shall be in accordance with DoC's Instruction No. 98 dated 29th August, 2019. Item No. 124.5: Request for conversion of processing area into non-processing area under Rule 11(B) [1 proposal - 124.5(i)] 124.5(i) Proposal of M/s. Divyasree NSL Infrastructure Pvt. Ltd. For Demarcation of Built-Up Area as Non-Processing Area of a notified IT/ITES SEZ. The Board, after deliberations, permitted the demarcation of the following area as Non-Processing Area in terms of Rule 11B of SEZ Rules, 2006: - Block - 5 Floors Area (in Sq. Mtrs.) Processing Area 5th Floor (East Wing) 3250.90 5th Flo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Bori, Taluka and District Nagpur, Maharashtra. The Board, after deliberations, recommended the de-notification of the entire SEZ of M/s. Arshiya Limited, IT/ITES SEZ at Village Bori, Taluka and District Nagpur, Maharashtra. 124.6(iv) Proposal of M/s. Qubix Business Park Pvt. Ltd. for partial de-notification of 1.4787 Ha out of 10.1766 Ha of their IT/ITES SEZ at Rajiv Gandhi Infotech Park, Phase-I, Hinjewadi Pune, Maharashtra. The Board, after deliberations, recommended the partial de-notification of 1.4787 Ha out of 10.1766 Ha of M/s. Qubix Business Park Pvt. Ltd., IT/ITES SEZ, at Rajiv Gandhi Infotech Park, Phase-I, Hinjewadi Pune, Maharashtra. 124.6(v) Proposal of M/s. Vikas Telecom Private Limited for partial de-notification of 0. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o Annexure-II to Rule 5(3)(c) of the SEZ Rules, 2006 to enable the proposed partial denotification. Item No. 124.7 Appeal [3 cases 124.7(i) to 124.7(iii)] 124.7(i) Appeal filed by M/s. C Tech Corporation under the provision of Section 16(4) of the SEZ Act, 2005 against the Order-in-Original dated 11.06.2024 passed by DC, Surat SEZ. The Board took note of the submissions made by the appellant regarding their business plan, export orders and time-frame to commence manufacturing along with specific milestones indicated. The Board also noted that the appellant has submitted that full- scale production is expected to begin by February, 2025 and they are confident of exporting in January 2025. Accordingly, the Board, after deliberations, gra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 12. Shri Srinivas Muppaala, Development Commissioner, VSEZ 13. Shri D.B Singh, Development Commissioner, FSEZ 14. Shri Surender Malik, JDC, NSEZ List of participants connected with Video Conferencing: - 1. Shri Vikas Singh, Director, ITA-I, CBDT 2. Shri Lokesh HD, DC, Dahej SEZ 3. Shri Suvidh Shah, DC, Indore SEZ 4. Dr. Praveen, DC, Mihan SEZ 5. Shri Abhimaniu Sharma, DC, Surat SEZ 6. Shri Neeraj Rawat, DLA, D/o Legal Affairs 7. Shri Lal Chand Dabaria, ALC, D/o Legal Affairs 8. Shri Yogesh Kumar Sharma, Deputy Director, MSME 9. Shri Anil Kant Mishra, Research Assistant TCPO, Ministry of Housing & Urban Affairs, Vikas Bhawan, I.P. Estate, New Delhi 10. Smt. Manjusha Chourasia, Scientist-E, Meity 11. Shri Vinay Kumar, SO, APSEZ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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