Minutes of the 92nd meeting of the BoA for SEZs held on 04.10.2019

1.Central Board of Excise and Customs, Member (Customs), Department of Revenue, North Block, New Uelhi, (Fax: 23092628). 2.Central Board of Direct Taxes, Member (IT), Department of Revenue, North Block, New Delhi. (Telefax: 23092107). 3.Joint Secretary, Ministry of Finance. Department of Financial Services, Banking Division, Jecvan Deep Building, New Delhi (Fax: 23344462/23366797). 4.Joint Secretary, Department oflnduslrial Policy and Promotion, Udyog Bhawan, New Delhi. 5.Joint Secretary, Ministry of Shipping, Transport Bhawan, New Delhi. 6.Joint Secretary (R), Ministry of Petroleum and Natural Gas, Shaslri Bhawan, New Delhi 7.Joint Secretary. Ministry of Agriculture, Plan: Protection, Krishi Bhawan, New Delhi. S. Ministry of Science and Technology, Sc 'G1 & Head (TDT). Technology Bhavan, Mehrauli Road, New Delhi. (Telefax: 26862512) 9.Joint Secretary, I^epartment of Biotechnology, Ministry of Science and Technology, 7th Floor, Block 2, CGO Complex, Lodhi Road, Mew Delhi -110 003. 10.Additional Secretary and Development Commissioner (Micro, Small and Medium Enterprises Scale Industry), Room No. 701, Nirman Rhavan, New Delhi (Fax:23062315). 11.Secretary, Department of Electronics & Information Technology, Electronics Niketan. 6, CGO Complex, New Delhi. (Fax: 24363101) No. F.2/5/2019-5EZ Government of India Ministry of Commerce and Industry Department of Commerce (SEZ Section) Udyog Bhawan, New Delhi Daledthe ISrt^ctober, 2019 OFFICE MEMORANDUM

Subject: 92^ (Ninety Second) Meeting of the Board of Approval on Special Economic

Zones (SEZs) held on 4"1 October, 2019 at 11.30 A.M. - reg. Please find enclosed herewith Minutes of the 92nd meeting of Ihe Board of Approval for SEZs held on 4* October, 2019 under the Chairmanship of Shri Anup Wadhawan, Secretary, Department of Commerce for information and necessary action. 2. Fhe Development Commissioners are requested to take u the directions of BoA requiring follow up action on their part, bef

12.Joint Secretary (IS-1), Ministry of Home Affairs, North Block, New Delhi (Fax: 23092569) 13.Joint Secretary (C&W), Ministry of Defence, Fax: 23015444, South Block, New Delhi. 14.Joint Secretary, Minislry of Environment and Forests, Pariyavaran Bhavan CGO Complex, New Delhi - 1*10003 (Fax: 24363577) 15.Joint Secretary & Legislative Counsel. Legislative Department, M/o Law & Justice, A-Wing, Shaslr i Bhavan, New Delhi. (Tel: 23387095). 16. Department of Legal Affairs (Shri Hemant Kumar, Assistant Legal Adviser), M/o Law & Justice, Shastri Bhawan, New Delhi. 17. Secrelary, Department of Chemicals & Petrochemicals, Shastri Bhawan, New Delhi IS. Joint Secretary, Ministry of Overseas Indian Affairs, Akbar Bhawan, Chanakyapuri, New Delhi. (Fax: 24674140) 19.Chief Planner, Department of Urban Affairs, Town Country Planning Organisation, Vikas Bhavan (E-Block), l.P. Estate, New Delhi.

dian Affairs, Akbar Bhawan, Chanakyapuri, New Delhi. (Fax: 24674140) 19.Chief Planner, Department of Urban Affairs, Town Country Planning Organisation, Vikas Bhavan (E-Block), l.P. Estate, New Delhi. (Fax: 23073678/23379197) 20.Direclor General, Director General of Foreign Trade, Deportment of Commerce, Udyog Bhavan, New Delhi. 21.Director General, Export Promotion Council for EOUs/SEZs, 8G, 8* Floor, Hansalaya Building, 15, Barakhamba Road, New Delhi - 110 001 (Fax: 223329770) 22.Dr. Rupa Chanda, Jhofessor, Indian Institute of Management Bangalore. Benncrghata Road. Bangalore, Kamataka 23.Development Commissioner, Noida Special Economic Zone. Noida. 24.Development Commissioner, Kandla Special Economic Zone, Gandhidham, 25.Development Commissioner, Falta Special Economic Zone, Kolkata. 26.Development Commissioner, SEEFZ Special Economic Zone, Mumbai. 27.Development Commissioner, Madras Special Economic Zone, Chennai 28.Development Commissioner, Visakhapatnam Special Economic Zone, 29.Development Commissioner, Cochin Special Economic Zone, Cochin. 30.Development Commissioner, Tndore Special Economic Zone, Indore. 31.Development Commissioner, Mundra Special Economic Zone, 4th Floor, C Wing, Port Users Building, Mundra (Kutch) Gujarat. 32.Development Commissioner, Dahej Special Economic Zone, Eadia Chambers, Ashram Road, Ahmedabad, Gujarat 33.Development Commissioner, Navi Mumbai Special Economic Zone, SEEPZ Service Center, Central Road, Andheri (East), Mumbai - 400 096 34.Development Commissioner, Sterling Special Economic Zone, Sandesara Estate,

nt Commissioner, Navi Mumbai Special Economic Zone, SEEPZ Service Center, Central Road, Andheri (East), Mumbai - 400 096 34.Development Commissioner, Sterling Special Economic Zone, Sandesara Estate, Atladra Padra Road, Vadodara- 390012 35.Development Commissioner, Andhra Pradesh Special Economic Zone, Udyog Bhawan, 9th Floor, Sirlptiram, Visakhapatnam - 3 36 Development Commissioner, Reliance Jamnagar Special Economic Zone, Jamnagar. Gujarat 37.Development Commissioner, Surat Special Economic Zone, Surat, Gujarat 38.Development Commissioner, Mihan Special Economic Zone, Nagpur, Maharashtra 39.Development Commissioner, Sricity Special Economic Zone, Andhra Pradesh. 40.Development Commissioner, Mangalore Special Economic Zone, Mangalore. 41.Government of Andhra Pradesh, Principal Secretary and CIP, Industries and Commerce Department, A.P. Secretariat, Hyderabad - 500022. |Eax: 040-23452895). 42.Government of Telangana, Special Chief Secretary, Industries and Commerce Department, Telangana Secretariat Khairatabad, Hyderabad, Telangana. 43.Government of Kamataka, Principal Secretary, Commerce and Industry Department. Vikas Saudha, Bangalore-560001. (Fax: 080-22259870)

rtment, Telangana Secretariat Khairatabad, Hyderabad, Telangana. 43.Government of Kamataka, Principal Secretary, Commerce and Industry Department. Vikas Saudha, Bangalore-560001. (Fax: 080-22259870)

Copy to: PPS to CS / PPS to AS (BBS) / PPS to DS (SNS). 44.Government of Maharashtra, Principal Secretary (Industries). Energy and Labour Department Mumbai-400 032. 45.Government of Gujarat, Principal Secretary, Industries and Mines Department Sardar Palel Bhawan, Block No. 5, 3rd Floor, Gandhinagar- 382010 (Fax: 079-23250844). 46.Government of West Bengal. Principal Secretary, (Commerce and Industry), I? Branch (4* Floor), SEZ Section, 4, Abanindranath Tagore Sarani (Camae Street) Kolkata-700 016 47.Government of Tamil Nadu, Principal Secretary (Industries), Fort St. George, Chennai - 600009 (Fax: 044 2M70822) 48.Government of Kerala, Principal Secretary (Industries), Government Secretarial Trivandrum-695001 (Fax 04"" ^^'O'^, 49.Government of Haryana, Financial Commissioner and Principal Secretary), Department of Industries, Haryana Civil Secretariat, Chandigarh (Fax:0172-2740526). 50.Government of Rajasthan, Principal Secretary (Industries), Secretarial Campus, Bhagwan Das Road, Jaipur- ^02005 ^0141 222778S) 51.Government of Ultar Pradesh, Principal Secretary, (Industries), Lai Bahadur Shastri Bhawan, Lucknow -22600! (Fax 0522 22^255) 52.Government of Punjab, Principal Secretary Department of Industry & Commerce Udyog Bhawan), Sector-17, Chandigarh- 160017, 53.Government of Puducherry, Secretary, Department of Industries, Chief Secretan it

ment of Punjab, Principal Secretary Department of Industry & Commerce Udyog Bhawan), Sector-17, Chandigarh- 160017, 53.Government of Puducherry, Secretary, Department of Industries, Chief Secretan it 54.Government of Odisha, Principal Secretary (Industries), Odisha Secretariat, Bhubaneshwar-75I001(Fax 0671 5 6F19/24n6299) 55.Government of Madhya Pradesh, Chief Secrelaiy. (Commerce and Industry), Vallabh Bhavan, Bhopal (Fax: 0755-2559974) 56.Government of Uttarakhand, Principal Secretaiy, (Industries), No. 4, Subhash Road, Secretariat, Dehradun, Uttarakhand 57.Government of Jhaikhand (Secretary), Department of Industries Nepal House, Doranda, Ranch! - 834002. 58.Union Territory of Daman and Diu and Dadra Nagar Haveli, Secretary (Industries), Department of Industries, Secretariat, Moti Daman - 396220 (Fax: 0260-2230775). 59.Government of Nagaland, Principal Secretary, Department of Industries and Commerce), Kohima, Nagaland. 60.Government of Chattishgarh, Cotnmissioner-cum-Secretary Industries, EHrectorate of Industries, LIC Building Campus, 2"" Floor, Pandri, Ratpur, Chhattisgarh (Fax:0771-2583651).

a, Nagaland. 60.Government of Chattishgarh, Cotnmissioner-cum-Secretary Industries, EHrectorate of Industries, LIC Building Campus, 2"" Floor, Pandri, Ratpur, Chhattisgarh (Fax:0771-2583651).

extension of the validity of the LoP up to 92.3(ii) Request of M/s. Tech Mahiudra Ltd. in MIDC SEZ at Plot No. Infotech Park, MIDC SEZ, Hinjewadi, Phase HI, Pune, Maharashtra LOP beyond 21.10.2019 upto 20.10.2020. 92.2(11)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/fTES at Rajiv Gandhi Infotech Park, Hinjewadi, Phase-II, Pune, Maharashtra beyond 26.06.2019. The Board approved extension of the validity of the formal approval up to 2501 June, 2020. Further, the Board directed DC, SEEPZ to obtain necessary information from the developer regarding pending approvals Irom MIDC and assess possibilities for carrying out Item No. 92.3 Requests for extension of Letter of Permission (LoP) beyond 3rd Year onwards (two proposals) 92.3(i)Request of M/s. Algolog Systems Pvt. Ltd., a u Ansal IT City & Parks Ltd. at Plot No. TZ4I6, Teehzone, Gre: LoP dated 26.10.2015 up to 25.10.2021. The Ninety Second (92nd) meeting of the Board of Approval (BoA) for Special Economic Zones (SEZs) was held on 4"1 October, 2019 under Ihe Chairmanship of Shri Anup Wadhawan, Secretary, Department of Commerce, at 11:30 A.M. in Room No. 108, Udyog Bhawan, New Delhi. The list of participants is Annexed (Annexure-1). Item No.

019 under Ihe Chairmanship of Shri Anup Wadhawan, Secretary, Department of Commerce, at 11:30 A.M. in Room No. 108, Udyog Bhawan, New Delhi. The list of participants is Annexed (Annexure-1). Item No. 92.1: Confirmation of minutes of the meeting of the 91EI BoA held on 6U August, 2019. eting of the BoA held on 6* August, Item No. 92.2: Requests for extension of validity of formal approval (two proposals) 92.2(i)Request of M/s. Mikado Realtors Pvl. Ltd. for further extension of the validity of formal approval, granted for setting up of Electronic Hardware, II/ITES SEZ at Village Behrampur, Gurgaon (Haryana) for one year beyond 29.10.2019. ixtension of the validity of the formal

92.4(ii)Request of M/s. Syngene International Limited, co-developer for cancellation of LoA in M/s Man galore SEZ Limited at Mangalore, Kamataka. The Board, was informed by DC, Mangalore that Syngene has not requested cancellation of co-developer sialus but since they have also been granted a LoA as a unil, it is felt appropriate to propose cancellation of ils co-dcvcloper status. The Board, was of the view that the existing rules do n the statuses. The Board, directed DC, Mangalore to issue a noti suitable opportunity for their submissions. 92.5 Proposals for change of shareholding pattern/name/changc of control (four proposals) 92.5(i)Request of M/s. DLF Info Park (Pune) Ltd. SEZ at Plot No. 29 & PL-2, Rajiv Gandhi Infotech Park, Hinjewadi, Phase-II, Pune for change in shareholding pattern of the company. to approval by relevant i.

equest of M/s. DLF Info Park (Pune) Ltd. SEZ at Plot No. 29 & PL-2, Rajiv Gandhi Infotech Park, Hinjewadi, Phase-II, Pune for change in shareholding pattern of the company. to approval by relevant i. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered developer entity; Ii. Fulfillment of all eligibility criteria applicable to developer, including security clearances etc., by the altered developer entity and its constituents; iii. Applicability of and compliance with all Revenue / Company Affairs SEB1 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 immediate!) 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 fax 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.

evant 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.

92.5(ii)Request of M/s. Brookefields Real Estates and Projects Pvt. Ltd SEZ located at Bangalore (Developer) for change of name to M/s. Brigade Properties Private Limited. The Board, after deliberations, approved the proposal for change in name from M/s Brookefields Real Estates and Projects Pvt. Ltd to M/s. Brigade Properties Private Limited with following conditions:- i. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered developer entity; ii. Fulfillment of all eligibility criteria applicable to developer, including security clearances etc, by the altered developer entity and its constituents; 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 ofthe Income Tax Act, 1961. vi.

ut of the transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections ofthe Income Tax Act, 1961. vi. The applicant shall comply with relevant Slate Government laws, including those relating to lease ofland, as applicable. viii. The developer shall fomish details of PAN and jurisdictional assessing officer of the developer to CBDT. 92.5(iii) Request of M/s. WocKhardt Infrastructure Development Ltd. at Fire Star Industrial Estate, MIDC, Shendre, Aurangabad for change of name to M/s. Wockhardt BioPltarma Ltd. The Board, after deliberations, approved the proposal for change in name from M/s Woekhardt Infrastructure Development Ltd. to M/s. Wockhardt BioPharma Ltd. with following conditions:- i. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered developer entity; it. Fulfillment of all eligibility criteria applicable to developer, including security clearances etc., by the altered developer entity and its constituents; 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 ownerahip etc. shall be furnished immediately to Member (If), CBDT, Department of Revenue and to the jurisdictional Authority. v.

ing to change in equity/merger, demerger, amalgamation or transfer in ownerahip etc. shall be furnished immediately to Member (If), 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 ofthe transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections ofthe 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 ofthe

92.5 (iv) Request for transfer of Global Village Tech Parks SEZ from Tanglin Developments Limited (Developer) to Global Village Tech Parks Private Limited aDd proposed change in control of GV Tech Parks Private Limited at Global Village, Pattenegere/Mylasandra Village, Off Mysore Road, RVCE Post, Bangalore, in the State of Kamataka. The Board, was informed by DC, CSEZ lhat the developer proposes for change in control in two phases: Phase I: M/s Tanglin Developments Limited (TDL) would transfer the Global village Division including all the assets, freehold title to land and liabilities of the Global Village Division to the Global Village Tech Parks Pvt. Ltd.

nts Limited (TDL) would transfer the Global village Division including all the assets, freehold title to land and liabilities of the Global Village Division to the Global Village Tech Parks Pvt. Ltd. (GV Tech Park) in consideration of Issuance of Optionally convertible Debentures (OCDs) by GV tech Parks to TDL such that post transfer GV Tech Parks becomes the Developer of the Global Village Tech Park SEZ. That there would be no cash payments by GV Tech Parks but they would be issuing Convertible Debentures to TDL. In Phase 11, GV Tech Parks would be issuing fresh (new) Convertible Debentures to foe Acquirers Viz. M/s BREP Asia II Indian Holding Co.I (NQ) Pte. Ltd., Singapore and/or any other entity belonging to the Blackstone group and Saltva Developers Pvt. Ltd, The Board, after deliberations, approved the Phase -1 ofthe proposed change in control subject to approval by relevant statutory bodies with following ct ndition i. Seamless continuity of the SEZ activities with un heed re pon ibilittc and obligations for the altered developer entity; ii. Fulfillment of all eligibility criteria applicable todettl per including &-u it> clearances etc., by the altered developer entity and its constituent iii. Applicability of and compliance with all Revenue / Company Affai / EBI etc rules which regulate issues like capital gains, equity change transfer taxab hty etc iv. Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc.

les which regulate issues like capital gains, equity change transfer taxab hty 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 ofthe 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 ofthe 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 foe developer to CBDT. Further, the Board authorized the DC, CSEZ to approve the proposed change in Phase- II subject to the applicant fiilfiling Ihe above conditions as applicable. 92.6 Miscellaneous Cases (five proposals) 92,6(i>Writ Petition (Civil) No. 13841/2018 filed by M/s Jagat Gems and st of foe appellant, foe Board t writing along with necessary

ditions as applicable. 92.6 Miscellaneous Cases (five proposals) 92,6(i>Writ Petition (Civil) No. 13841/2018 filed by M/s Jagat Gems and st of foe appellant, foe Board t writing along with necessary

92.7 Appeal (three appeals) 92.7(i)Appeal of M/s. Zoho Corporation Private Limited (ZCPC) against the decision ofthe UAC, MEPZ Special Economic Zone vide order dated 11.07.2019 rejecting the request of Ihe unit for procurement of mobile phones duty free for use of its employees in DTA at depreciated value. The Board heard foe appellant. The appellant submitted that the inoperative mobile phones will be owned by the company, activity logs will be frequently monitored by their team and the duty leviable as per Rule 49 ofthe SEZ Rules, 2006 will be paid on resale of mobile phone to dealers, ovision in the SEZ Act/Rules, tnsideration in the Department . of Shri Baba Kalyant Group ided to defer tht i work for DTA that the recomi i,dec te, th sejol rat font on da s inloi trd, after delibei :nue. Since, as ng the aspect of The Board, wa : hcBot if Revi ncludii The Beard, after deliberations, decided to defer the matter for Ihe next meeting. The Board, alter deliberations, approved the request ofthe unit, 92,6 (iii) Proposal of M/s. Orvi Design Studio for import of Marble Blocks and Marble Slabs as raw material in respect of its unit located in the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd.

iii) Proposal of M/s. Orvi Design Studio for import of Marble Blocks and Marble Slabs as raw material in respect of its unit located in the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamhoriya, Bagru Khurd & Newtn, Tchsil-Sananer, Distt- Jaipur (Rajasthan). the Board, after deliberations, approved the request ofthe unit. 92.6 (iv) Request of M/s. Dr. Reddy's Laboratories Ltd. (CTO SF^Z Process Unit.I) a unit in Ms. Dr. Reddy's Laboratories Ltd. for manufacture of Pharmaceuticals & APIs at Devunipalavalasa Village, Ranastbalam Mandal, Srikakulam District for extension of Letter of Approval by another one year for achieving positive NFE. The Board, after deliberations, approved the request ofthe unit for grant of extension period for achieving positive NFE for one year provided DC, VSEZ should ensure thai all shortcomings be dealt within the SEZ rules. 92.6 (v) Request of M/s ZF Wind Power Coimbatore Pvt. Ltd. for review of decision of the Board of Approval in connection to their proposal for undertaking repair/re- engineering etc of gear box units manufactured byDTA Units. The Board, heard the representatives ofthe company and a presentation was also

in connection to their proposal for undertaking repair/re- engineering etc of gear box units manufactured byDTA Units. The Board, heard the representatives ofthe company and a presentation was also

The Board, after deliberations, decided to refer the matter back to UAC, MEPZ for re consideration of their decision in accordance with the provisions of Rule 50(1) (d) &. (e) of SEZ Rules, 2006. 92.7(ii)Appeal of M/s. W.S. Industries (India) Limited against the decision ofthe UAC, APSEZ Special Economic Zone vide order dated 17.07.2019 declining request to extend the validity ofthe LoA for the 3rd block period of 2019-2024. The Board heard the appellant During foe course of hearing the appellant submitted that their project is viable now as they have signed MoU with strategic partner who will invest Rs.13.5 crores to revive foe plan. The Board, after deliberations, decided to grant an extension of five years to the unil subject to annual review of milestones achieved and compliance of all regulatory aspects. The appellant is directed to submit a list of annual milestones to be achieved to foe DC, who may finalize the same. 92.7(iii) Appeal of M/s. Confidence Petroleum India Ltd. against the decision ofthe UAC, APSEZ Special Economic Zone vide order dated 17.07.2019 rejecting request fur renewal of LoA. The Board heard Ihe appellant The appellant submitted that they have good orders in hand including an order valued Rs.18 crores from Bangladesh and an order of approx. Rs.24,25 cr from their International Plan! engaged in bottling in Indonesia.

ubmitted that they have good orders in hand including an order valued Rs.18 crores from Bangladesh and an order of approx. Rs.24,25 cr from their International Plan! engaged in bottling in Indonesia. The appellant also committed to settle foe House Tax, Lease Rent and Electricity dues etc. The Board, after deliberations, decided to grant an extension of five years to the unil subject to annual review of milestone achieved and compliance of ail regulatory aspects provided all pending dues are settled within a period of six months. The appellant is directed to submit a fist of annual milestones to be achieved to the DC, who may finalize the same. 92.8 Proposal for setting up of new SEZ (one proposal) 92.8(i) Request of M/s. Tripura Industrial Development Corporation Limited seeking in- principle approval for setting up a new Sector Specific SEZ for Agro based (broad- banded) at Paschim Jalefa & Dakshin Bijoy pur (Ludhna Tea Garden area), Sabroom, South Tripura District in the State of Tripara over an area of 25 Ha. The Board, was informed that the Ministry of Home affitirs have conveyed their clearance on 20.09.2019 subject to compliance of rules of competent authority on SEZ and provision of adequate security to persons involved in implementation of project. The Board, after deliberations, "in-principle" approved foe proposal for setting up of a sector specific Special Economic Zone for Agro based (broad-banded) at Paschim Jalefa & Dakshin Bijoypur (Ludhua Tea Garden area), Saliroom, Soulh Tripura District in the State of Tripura over an area of 25 Ha.

fic Special Economic Zone for Agro based (broad-banded) at Paschim Jalefa & Dakshin Bijoypur (Ludhua Tea Garden area), Saliroom, Soulh Tripura District in the State of Tripura over an area of 25 Ha.

92.11 Proposal for change of shareholding pattern (two proposals) 92.11(i)Proposal of M/s. Arahiya Northern Projects Pvt. Ltd., co-developer of M/s. Arshiva Northern FTWZ Ltd., Khurja (Lttar Pradesh) for change iu shareholding pattern of the company. file Board, after deliberations, approved Ihe proposal subject to approval by relevant statutory bodies with following conditions:- i. Seamless continuity of the SEZ activities with unaltered responsibilities and ob^igations for the altered co-developer entity; ii. Fulfillment of ail eligibility criteria applicable to co-devcloper, including security clearances etc., by the altered co-developer entity and its constituents; 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 equily/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member (IT), CBDT, Department of Revenue and to the jurisdictional Authority. ^ Page 7 of 9 ^^lidtty of foe LoP up tt ension of Letter of of the validity of the LoP up K Item No. 92.9: Req ucsts for extension of validity of formal approval (two proposals) 92.9(i) Request of M/s Electronics Corporation of Tamil Nadu Ltd.

on of Letter of of the validity of the LoP up K Item No. 92.9: Req ucsts for extension of validity of formal approval (two proposals) 92.9(i) Request of M/s Electronics Corporation of Tamil Nadu Ltd. (ELCOT Ltd.) for further extension of the validity period of formal approval, granted for setting up of sector specific IT/ITES SEZ at Vadapalunji, Madurai for a further period of one year beyond 07.05.2019 up to 07.05.2020. The Board, after deliberations, decided to defer the proposal. 92.9 (ii) Request of M/s. Electronics Corporation of Tamil Nadu Lid. (ELCOT Lid.) for further extension of the validity period of formal approval, granted for setting up of sector specific IT/FTES SEZ at Viswanathapurani. Hosnr, Tamil Nadu for a further period of six months beyond 7.5.2019 up to 7.11.2019. The Board, after deliberations, decided to defer the proposal. Item No.92.10 Requests for extension of LoP beyond 4" Year onward (2 proposals)

The Board, after deliberations, approved foe proposal of M/s. Arshiya ft Developers Private Limited for Operation, Maintenance and Leasing of existing Warehouse No. 54 constructed on land admeasuring 1.18 Hectare in accordance with the co-developer agreement entered into with the developer subject to standard terms and conditions as per SEZ Acl and Rules provided that the lease period shall be in accordance with DoC's Instruction No. 98 dated 29.08.2019. v. The Assessing Officer shall have the right to assess foe taxability of foe gain/loss arising out of foe transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc.

08.2019. v. The Assessing Officer shall have the right to assess foe taxability of foe gain/loss arising out of foe transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections ofthe 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 foe developer to CBDT. 92.11(ii) Request of M/s. DLF Info City Developers (Chennai) Ltd. SEZ at Shivaji Gardens, Moonlight Slop, Nandampakkam Post, Rama pur am, Chennai for change in shareholding pattern ofthe company. The Board, after deliberations, approved the proposal subject to the following i. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered developer entity; ii. Fulfillment of all eligibility criteria applicable to developer, including security clearances etc., by the altered developer entity and its constituents; iii. Applicability of and compliance with all Revenue / Company Affairs /SEBI etc. rules which regulate issues like capita! 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 fomished immediately to Member (IT), CBDT, Department of Revenue and to the jurisdictiona) Authority, v.

ting to change in equity/merger, demerger, amalgamation or transfer in ownership etc, shall be fomished immediately to Member (IT), CBDT, Department of Revenue and to the jurisdictiona) Authority, v. The Assessing Officer shall have the right to assess the taxability ofthe gain/loss arising out ofthe transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections ofthe 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 ofthe developer to CBDT. Item No. 92.12Requests for co-developer (2 proposals) 92.12(i)Request of M/s. Arshiya Infrastructure Developers Private Limited for Co- developer status in the Free Trade and Warehousing Zone of M/s. Arshiya Northern FTWZ Ltd. at Village Ibrahim pur, Jnnaidpur urf Maujpur, Tehsil Khurja, Distt. Bulandshahr (U.P.) for Operation, Maintenance and leasing of existing Warehouse No. 54 constructed on land admeasuring 1.18 Hectare.

Village Ibrahim pur, Jnnaidpur urf Maujpur, Tehsil Khurja, Distt. Bulandshahr (U.P.) for Operation, Maintenance and leasing of existing Warehouse No. 54 constructed on land admeasuring 1.18 Hectare.

across/along the various utilities within the jurisdiction of SEZ, Dabej in Bharueb District The Board, after deliberations, in view ofthe undertaking given by M/s GAIL (India) Limited, approved (he proposal. 92.12(ii) Request of M/s. Arflia Business Park LLP for Co-developer status in the IT/ITES SEZ of M/s. Artha Jnfratceh Pvt Ltd. located at Plot No. 21, Sector-Teehzone IV, Greater Noida (Uttur Pradesh). The Board, after deliberations, approved the proposal of M/s. Arllta Business Park LLP for conversion from warat shell to total ready to move In infrastructure to he leased out to various SEZ units for Exports [Total 2 Floors (Floor No. 11 & 12) of Tower No.l of approximately 64820 Sqft. Super area in the processing area of H7JTES SEZ] hi accordance with the co-developer agreement entered into with the developer subject to standard terms and conditions as per SEZ Act and Rules provided thai the lease period shall be in accordance with DoC's Instruction No. 98 dated 29.08.2019. Item No. 92.13 Selling np of new SEZs (one proposal) Hem No. 92.(3 (i) Request of M/s.

and Rules provided thai the lease period shall be in accordance with DoC's Instruction No. 98 dated 29.08.2019. Item No. 92.13 Selling np of new SEZs (one proposal) Hem No. 92.(3 (i) Request of M/s. TATA Consultancy Services Limited seeking formal approval for setting up a new Sector Specific SEZ for IT/ITES at Pint Nos: H-11/1B & H- 11/2 in SiPCOT IT Park, Siruseri, Kancheepuram District, Tamil Nadu over an area of 7J9 Ha (18.27 Acres). The Board, after deliberations, "in-principle" approved the proposal for setting up of a sector specific Special Economic Zone for IT/ITES al Plot Nos: H-1 I/I B & H-l 1/2 in SIPCOT IT Park, Siruseri, Kancheepuram District, Tamil Nadu over an area of 7.39 Ha (18.27 Acres) subject to the condition that no unit will be approved unless the condition of contiguity is complied with by the developer. Item No. 92.14 Miscellaneous cases (three proposals) 92.14(1)Request of M/s. PI Industries Ltd., SPM-28, Sterling SEZ AT & PO Sarod, TA-Jambusar, Disf-Bharuch. Gujarat for consideration of including Hazarduous Waste management & disposal services and Fire tenders hiring under uniform list. The Board, after deliberations, approved the proposal. 92.14(11)Request of M/S. Phoenix Ventures Pvl. Ltd. a sector specific SEZ for IT/ITES at Sy. No. 35(p) & 36, Gachibowli Village, Scrilingampally Mandal, Ranga Reddy District, Telangana, for additional area of 1.61 hectares (3.97 acres). thdraw the request. Accordingly,

EZ for IT/ITES at Sy. No. 35(p) & 36, Gachibowli Village, Scrilingampally Mandal, Ranga Reddy District, Telangana, for additional area of 1.61 hectares (3.97 acres). thdraw the request. Accordingly,

List of Participants for the Meeting of the Board of Approval for Special Economic Zones held on 4'h October, 2019 under the Chairmanship of Commerce Secretary, Department of Sliri Anup Wadhawan. Chairman, BoA & Commerce Secretary, Department of Commeree Shri R.P. Goyal, Additional, DGKT Shri BidyutBehari Swain, Additional Secretary, Department of Commeree Shri Scnthil Nathan S, Deputy Secretary, Department of Commerce. Shri Gulrar Ahmad Wani. DCIT (OSD), ITA-I, CBDT Shri Ram Chander Sankhla, Pr. ADG, DGEP, M/o Finance Sanjay Bansal, ADG. DGEP Shri Nikhil Kumar Kanodia, Director. DPI1T. M/o C&I Shri Anil Kant Mishra, Research Assistant TCPO. Mlnlsliy of Urban Development, Vikas Bhawan, I.P. Estate, New Delhi 10. Siiri Prapul tlmare. Assistant Director, M/o MSME Shri Bhupesh Varma. Assistant legal Adviser, M/o Law and Justice, D/o T.egal Affairs, 12.Shri G. Pnnmei. Deputy Legislative Council 13.Ms. Urvashi Roul. GM, PSIEC, New Delhi on behalf of PSI EC. Govt. of Punjab. 14.Shri M/ Naga Raja. PRC, Tripura Bhawan 15.Dr. S.K. Husain. TCPO. M;o Housing and Urban Affairs. New Delhi 16.Shri Vijay Kay.arkar, Assistant Resident Commissioner, Guvt. of Maharashtra, LIST OF DEVELOPMENT COMMISSIONERS Dr. L.B. Singhal, Development Commissioner, Noida SEZ Shri Shanmuga Sundram, Development Commissioner. MEPZ Shri Meeta Rajivlochan, Development Commissioner, SEEPZ-SEZ Shri D.V.

LOPMENT COMMISSIONERS Dr. L.B. Singhal, Development Commissioner, Noida SEZ Shri Shanmuga Sundram, Development Commissioner. MEPZ Shri Meeta Rajivlochan, Development Commissioner, SEEPZ-SEZ Shri D.V. Swamy, Development Commissioner, Cochin SEZ Dr. Amiya Chandra, Development Commissioner. KASEZ/ Adani Port SEZ, Mundra Shri A. Rama Mohan Reddy, Development Commissioner, Visakbapamam Shri B.K. Panda, Development Commissioner, Falla SEZ Shri G. Seetharam Reddy, Development Commissioner, APIIC, Visakhapatnam Shri S. Sa^i Kumar. Development Commissioner. Mangalore SEZ Shri Anil Kumar Choudhary, Development Commissioner, Daliej SKZ Shri Virendra Singh. Development Commissioner, Surat SEZ, Gujarat 12.Shri A.K. Jha, Development Commissioner. Reliance SEZ, Gujarat 13.Shri Jay Karan Singh, Development Commissioner, Mihan SEZ, Nagpur. 14.Shri Saju K Surendran. Deputy Development Commissioner, Cochin SEZ 15.Shri Nateen Kushaiappa, Joint Development Commissioner. Cochin SEZ