IN FORCE SEZ / EOU / FTWZ 2023-07-27

Agenda for Approval Committee meeting for Private SEZs to be held on 28.07.2023 — 04-mindspace-agenda-2

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ANDHERI (EAST), MUMBAI. ee AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF M/s. MINDSPACE BUSINESS PARKS PRIVATE LIMITED. SOURCE -: Video Conferencing through Cisco WEBEX application. DATE : Friday, 28% July, 2023. TIME 11:30 A.M. ओके Ra मे मे ae dee eae

Meeting of the Approval Committee far Sector Specific Special Economic Zone for INDEX Agenda Item No. Subject q of minutes of the meeting held on Agenda Item No. 01:

30.06.2023. Approval w.rt. Transfer of Duty-Free Goods to Developer on payment of applicable duties and taxes Monitoring performance of APR for the period 2019- 2020 to 2021-2022 ~ M/s. Larsen & Toubro Infotech Limited. (LOA-61) Monitoring performance of APR for the period 2019- 2020 to 2021-2022 ~ M/s. Larsen & Toubro Infotech Limited. (LOA-59) Monitoring performance of APR for the period 2016- 2017 to 2021-2022 ~M/s. Larsen & Toubro Infotech Limited. (LOA-51) Agenda Item No. 02 : - Agenda Item No. 03 : Agenda Item No. 04: Agenda Item No. 05 : Se oe के कर मंद को के के कर के ah के he के कर केर a के के: के: के के sae

Minutes of the 118% Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Mindspace Business Parks Pvt. Ltd. - SEZ, at Airoli, Mumbai, under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on 30.06.2023 on Video Conferencing through Cisco WEBEX application. 1.NameoftheSEZ

: M/s. Mindspace Business Parks Pvt. Ltd. 2. Sector : IT/ITES 3. Meeting no

1189 4, Date : 30.06.2023 Members Present: Sr. No. Name of =

Organization Jt. Development 1 Shri. C. P. S. Chauhan C

ommissioner, SEEPZ-SEZ. int oe Nominee of Income Tax office, Joint Commissioner Zz Shri. Harmesh Lal T Kautilya Bhawan, Bandra, Income Tax है Mumbai. 3 Himanshu Dhar Pandey Deputy Director DGFT Nominee ofthe DGFT, Mumbai. 4 Smt. Kirti Deshmukh Deputy Director Industries Nominee of Directorate of Industries, Mumbai. Nominee of Commissioner of Asstt. Commissioner हिY ; Customs, General, Air Cargo, 5 Shri. V.K. Vijayan Customs Sahar. Special Invitee:- Shri. R.K. Jain : Specified Officer, Mindspace-SEZ. Shri. Haresh K. Dahilkar, ADC (New SEZ); Shri. Manish Kumar, ADC (New SEZ); Shri. Hanish Rathi, ADC (New SEZ); Smt, Rekha Nair, Assistant; Shri. G.S. Bhandari, Assistant and Shri. Ravindra Kumar, Assistant also attended for assistance and smooth functioning of the meeting. Agenda Item No. 01: Confirmation of Minutes of the 117% meeting held on 29.05.2023. The Minutes of the 117 Meeting held on 29.05.2023 were confirmed with consensus. Agenda Item No. 02: Application of M/s. LTIMINDTREE Limited (LOA-16) for approval w.r.t. Change in Board of Directors of the Company.

The Unit has requested for approval wat Change in Board af Directors of the Compaty and the details of change in the Directors of the compatiy are sd andar Composition of Directors as on

Ka. 10.01.2023 Designation 1 = AM Naik "(on Rxecutive Chairman 2 Mr. S.N. Subrahmanyan : Executive Vice Chairman हु 3 Te हिY Shankar Raman Non Executive Director हु = है 4 Mr. Sudhir Chaturvedi President ~ Sales & Whole Time Director E3 Mr, Nachiket Deshpande _ ic ~ 7 ; | tidependent Director : a Independent Directar . [independent Director hief Executive Officer & M Independent Director 13 Decision: After deliberation the Committes approved the proposal of M/s. LTIMINDTREE Limited (LOA-16) for approval wnt. chatige in Board of Dissector of the company, interme of MOC! ingtruction Ne. 109 dated 180 October, 2021. The Cominilitee also directed the Unirte comply with the followirig safeguards in terms of Instituetion No. 109, dated 18.10.2021: 1, Seamless continuity of the SB% activities with unaltered responsibilities and obligations for the“alterad ennye 2, Fulfillment of all eligibility criteria applicable, including security clearances ete, by the altered entity and ~ its constituerits.. 3. Applicability of and compliance with all Revenue/Company Affairs /SEBI etc, Acts/Rules which regulate issues like capital gaing, equity change: transfer, taxability ete. 4. Full financial details’ relatirig to chatige in équity/merger, demerger, amalgamation or transfer in ownership ete, shail be furnished immediately to Member [IT&R}, CBDT, Department of Revenue and to thé jurisdictional Authority. 5, The Assessing Officer shali have the right to assess the taxability of thé gain/loss- arising out of the transfer of equity or merger demerger, amalgamation, transfer and ownerships étc. as may be applicable and eligibility for dédiiction under relevant sections of the Incomé Tax Act, 1961. 6, The applicant shall comply with relevant State Government laws, including those relating to lease of laid, yer as applicable.

  1. The applicant shail furnish details of PAN and jurisdictional assessing officer of the unit to CBDT.
  2. The applicant shall be recognized by the new name or such arrangement in all the records. Agenda Item No. 03 : Application of M/s. LTIMINDTREE Limited (LOA-51) for approval w.r.t. Change in Board of Directors of the Company. The Unit has requested for approval w.rt. Change in Board of Directors of the Company and the details of change in the Directors of the company are as under: Sr.No. ci a Ree Ota as on Designation 1 Mr. A.M Naik Non Executive Chairman 2 Mr. S.N. Subrahmanyan Non Executive Vice Chairman 3 Mr. R Shankar Raman Non Executive Director 4 Mr. Sudhir Chaturvedi President - Sales & Whole Time Director 5 Mr. Nachiket | Deshpande Chief Operating Officer & Whole-time Director हु 6 Mr. Sajeev Aga हु 7 “Mr, James Varghese Abraham | 8 |MrRajnishKumar SCS Independent Director _ | 9 | Mr.Vinayak Chatterjee = ==—=S| independent Director

Mr. Debashish Chatterjee

  • Chief Executive Officer & Managing Director 7 11 Ms. Apurva Purohit ‘Independent Director 12 Mr. Bijou Kurien | Independent Director —_ —_ 13 Mr. Chandrasekaran Ramakrishnan हु हु Decision:- After deliberation the Committee approved the proposal of M/s. LTIMINDTREE Limited (LOA-51) for approval w.r.t. change in Board of Directors of the company, in terms of MOC&I Instruction No. 109 dated 18% October, 2021. The Committee also directed the Unit to comply with the following safeguards in terms of Instruction No. 109, dated 18.10.2021:
  1. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity.
  2. Fulfillment of all eligibility criteria applicable, including security clearances etc, by the altered entity and its constituents.
  3. Applicability of and compliance with all Revenue/Company Affairs/SEBI etc. Acts/Rules which regulate issues like capital gains, equity change, transfer, taxability etc.

Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member (IT&R), CBDT, Department of Revenue and to the jurisdictional Authority. Na dal?

  1. 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.
  2. The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable,
  3. The applicant shall furnish details of PAN and jurisdictional assessing officer of the unitte CBDT.
  4. The applicant shall be recognized by the few name or such arrangement in all the records: Agenda Item No. 04: Application of M/s. LTTMINDTREE Limited (L0A-59) for approval wort. Change in Board of Directors of the Company. ‘The Unit has requested for approval w.rt. Change in Board of Directors of the Cotapany and the details of change in the Directors of the conipany are‘as under: a of Directors as =

No. 40.01.2023 Designation 2 Mr. A.M Naik Non Exeentive Chairman a Mr. $.N. Subrabmanyan Non Executive Vice Chairman. Mr, B Shankar Raman Non Executive Director Mr. Nachiket Deshpande 3 4 Mr. Sudhir Chaturvedi :

See 6 { My. Sajeay Aga Mr, Vinayak Chatterjee 10 Mr. Debashish Chatterjee Ms, Apurva Purohit Dectsion:- After deliberation the Committeé approved the proposal of M/s. LTTMINDTREE Limited (LOA-16) for approval wat change in Board of Directors of the company, in termis of MOCAI Instruction No: 109 dated 18 October, 2021. The Committed also directed the Unit to comply with the following safeguards in terms of Instruction No. 109, dated 18.10.2021:

  1. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity.

  2. Fulfillment of ail eligibility criteria applicable, including security clearances etc, by thé altered entity and हम its constituents.

  3. Applicability of and compliance with all Revenue/Company Affairs/SEBI etc. Acts/Rules which regulate issues like capital gains, equity change, transfer, taxability etc. 4, Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member (IT&R), CBDT, Department of Revenue and to the jurisdictional Authority.

  4. 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.

  5. The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable.

  6. The applicant shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT.

  7. The applicant shall be recognized by the new name or such arrangement in all the records. Agenda Item No. 05: Application of M/s. LTIMINDTREE Limited (LOA-61) for approval w.r.t. Change in Board of Directors of the Company. The Unit has requested for approval w.r.t. Change in Board of Directors of the Company and the details of change in the Directors of the company are as under: Sr. No. (गाए०्जंएश on as on Designation 1 Mr. A.M Naik Non Executive Chairman 2 Mr. S.N. Subrahmanyan Non Executive Vice Chairman 3 Mr. R Shankar Raman Non Executive Director 4 Mr. Sudhir Chaturvedi President - Sales & Whole Time Director Ss Mr. Nachiket Deshpande Chief Operating Officer & Whole-time Director 6 Mr. Sajeev Aga

7 | Mr. James Varghese Abraham प्र 8 “Mr. Rajnish Kumar 9 Mr. Vinayak Chatterjee Independent 10 Mr. Debashish Chatterjee Chief Executive Officer & Managing Director 11 Ms. Apurva Purohit | Independent Director a err Mr. Bijou Kurien 7 ‘independent Director a _ 13 - Mr. Chandrasekaran Ramakrishnan —_ Decision:- After deliberation the Committee approved the proposal of M/s. LTIMINDTREE Limited (LOA-61) for approval w.r.t. change in Board of Directors of the company, in terms of MOC& Instruction No. 109 dated Ups?

18% October, 2021. The Committee also directed the Unit to comply with the following safeguards in terms of Instruction No. 109, dated 18.10.2021:

  1. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity. 2, Fulfillment of all eligibility ctiteria applicable, Including security clearanes ete, by the altered evitity arid its constituents.
  2. Applicability of and cormpliance with all Roveribe/Company Affairs /SRRI ete: Acts/Rules which regulate igsnes like capital gains, equity change, transfer, taxability ete. 4, Full financial details relating to change in equity/merger, -derierger, amalgamation ‘or transfer in awnership ete. shall be furnished imniediately to Member (IT&R), CDT, Departinent of Revenue and te the jurisdictional Authérity. &. The Assessing Officer shall have the right to assess ‘the taxability of the gain/loss arising out of the transfer of equity or merge? demerger, amalgamation, transfer and ownershiys etc. as maj be applicable and eligibility for deduction under telévant sectiotis of the Incomé Tax Act, 1961.
  3. The applicant shall comply with relevant State Government laws, including those relating to 10886 of land, ag applicable:
  1. The applicant shall Anvnish details of PAN and jurisdictional assessing officer of the unit to CBDT.
  2. The applicant shall be recognized hy thé new name or such airangetiént in all the records. Agenda Item No. 06 ; Application of M/s. DST Worldwide Services India Private Limited for appreval wit. Change of mame of the company from DST Worldwide Services India Private Limited to SS&C Yintech Services India Private Limited and change in composition of Board of Director's of the company. The Unit has requested for approval wot change of name of the company from DST Worldwide Services India Frivate Limited 16 SS&C Fintech Servicds India Private Limited and charige in composition of Board of Directors of the Company, There will be 16 change in Shareholding Pattérh of the Company dice to Changé in name and composition of Beard 6f Directors of the Compatiy. The details of change inthe Directors of the company are ag under: ६.५ 7 | : Board of Directors Before Change of name as Roard of Director after Change of name | Nel sovwie POY FOrM-P े{..... nnn peso —- | Name of Designation | A) pointe nex Nate of iicecror | Designation Date of Director जा Ppointmen | 4 Oe Appointment

_ ee हिY T a | E Wowk Direetor 23/06/2016 | Cherukuri Manjula Director 23/06/2016 1 Ma aE ones oe we nen fa oo i Kevin M Lysaught Irecter 25/03/2019 | Kavin M Lysanght 25/03/2019 David Michael -| ee —— _ , | David Michael —_ नई 73118. t or 2 3/2 | Fellows Director | 25/08/2019. owe ol. | 25/03/2018 | Yoke

feet Raju . fore 1 Daniel Direct 2 4 Penmatcha Director 15/12/2015 Benner irector 28/06/2019 7 हे Shankar Narayan rec 5

Camde Director 30 /06/2020 | Decision:- After deliberation, the Committee approved the proposal of M/s. DST Worldwide Services India Private Limited for Change of name of Company ie. from DST Worldwide Services India Private Limited to SS&C Fintech Services India Private Limited and change in composition of Board of Directors of the Company in terms of Instruction No. 109 dated 18.10.2021. The Committee also directed the Unit to comply with the following safeguards in terms of Instruction No. 109, dated 18.10.2021.

  1. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity.
  2. Fulfillment of all eligibility criteria applicable, including security clearances etc, by the altered entity and its constituents.
  3. Applicability of and compliance with all Revenue/Company Affairs/SEBI etc. Acts/Rules which regulate issues like capital gains, equity change, transfer, taxability etc.

Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member (IT&R}, CBDT, Department of Revenue and to the jurisdictional Authority. 5. 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. 6. The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. 7. The applicant shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT. 8. The applicant shall be recognized by the new name or such arrangement in all the records. Agenda Item No. 07 : Application of M/s. Inventurus Knowledge Solutions Limited for approval w.r.t. Change in Board of Directors of the Company. The Unit has requested for approval w.r.t. Change in Board of Directors of the Company and the details of change in the Directors of the company are as under: Sr. No. Name of Director 1. IUTPAL HEMENDRA SHETH 2. BERJIS MINOO DESAI 3. JOSEPH CHARLES BENARDELLO 4, MIT GOELA

= ie GUPTA af 6: CLARENCE CARLETON KING IT | | 7. MARY KLOTMAN —4 8. KEITH ANTHONY JONES Decision= After deliberation the Commitiee approved the proposal of M/s: Inventurtis Knowledge Solutions limited for approval wrt charige in Board of Directors of the company, in ternis of MOC&I Instruction No7109 dated 18% Gerober, 2021. The Committee also directed the Unit to comply with the following safeguards in tertns of Instructiot No. 109, dated 18.10.2024: 4. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entioy 2, Fulfillment of all cligibility criteria applicable, including security clearances etc, by the altered entity and its constitients. 3. Applicability of and compliancé with all Revenue/Company Affairs/SEBI etc. Acts/Rules which regulate issiies like capital gains, equity change, travisfer, taxability ete. 4,° Full financial details relating to change in equity/merger, demerger, aimalgamation or transfer in ownership etc, shall be furnished immediately to Member (IT&R), CBDT, Department of Reventia aid to the jurisdictional Authority, 5. 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, transter and ownerships हाट, aS may be applicable and eligibility for deduction under relevant sectians of the Income Tax Act, 1961. 6, The applicant Shall comply with relevant State Government laws, including those relatirig to lease of land, asapplicable. 7. The applicant shall furbish details of PAN and jurisdictional assessing officer of the unit to CADT. 8. The applicant shall be recognized by the new name or such arrangersent in all the records. Agenda Item 0, 08 : Monitoring Performance of the init M/s, CitiusTech Healthcare Technology Private Limited (LOA-10) located at Mindspace~ SEZ for the peMlod 2019-20 to 2021-22, The Annual Perforrnance Report for thé years 2019-20 to-2021-22 was submitted by the Unit and verified by the Specified Officer, Mindspace ~ SEZ vide letter dated 21.06.2023. The unit has achieved positive NPE of Rs. 62503.50 Lakhs on cumulative basis as per $.0."s verification report. Decision:- After deliberation, the Committee noted the performance of M/s. CitiusTech Healthcare Technology Private Limited (LOA-10) located at Mindspace - झड़ for the perind 2019-20 to 2021-22 in terms of Rule 54 of SEZ Rules, 2006. हु we”

Agenda Item No, 08 : Monitoring Performance of the unit M/s. GlobeOp financial Services (India) Private Limited (LOA-57) located at Mindspace- SEZ for the period 2018-19 to 2021-22. The Annual Performance Report for the years 2018-19 to 2021-22 was submitted by the Unit and verified by the Specified Officer, Mindspace - SEZ vide letter dated 21.06.2023. The unit has achieved positive NFE of Rs. 20357.75 Lakhs on cumulative basis as per S.0.'s verification report. Decision:- After deliberation, the Committee noted the performance of M/s. GlobeOp financial Services {India) Private Limited (LOA-57) located at Mindspace - SEZ for the period 2018-19 to 2021-22 in terms of Rule 54 of SEZ Rules, 2006. Meeting ended with the vote of thanks to the Chair. Ll Chairp n-cum- Development Commissioner

Action taken for the UAC Meeting held on 30.06.2023 Name of SEZ Name of Unit Subject Action Taken M/s, LTiMindtree Limited - {Approval wrt. Change in Board of Approval letter issued to (LOA-16). Directors of the Company the unit on 07.07.2023 M/s. LTIMindiree Limited | Approval w.rt. Change in Board of Approval lettex issued to (LOA-51). Directors of the Company the unit on 07.07.2023 M/s. UTIMindtree Limited -.|Approval w.r.t. Change in Board of Approval letter issued to (LOA-59). Directors of the Company the unit on 07.07.2023 M/s. LTIMindtiee Limited __|Approval w.r.t. Change in Board of Approval letter igsued to (LOA-61). Directors of the Conypany the unit on 07.07.2023 Mindspace - Approval wrt. Change of Name of the SEZ, M/s. DST Worldwide company fram DST Worldwide Services Services India Private Limited. India Private Limited to SS&C Fintech Services India Private Limited and change in composition of Board of Directors Approval letter issued to the unit on 17.07.2023 M/s. Tnventurus Knowledge Approval w.r.t, Change in Board of Approval letter issued to Solutions Limited. Directors of the Company the unit on 17.07.2023 M/s. CitiusTech Healthcare -|Monitoring performance of APR for the Monitoring Noted Technology Private Limited. - [period 2019-20 to 2021-2022 — हे M/s, GlobeOp Financial seat “i na at AD Services (India) Private Monitoting perlormance of APR for the Manitoring Noted Limited. period. 2018-2019 to 2021-2022

Firefox https://eoffice.seepz.co.in/eFile/?x"5dxE691MfDBGkpbewbZgk... SEERA RERER REE EEE GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI aeksub sik opi sedhak के नेट ok sek a. Proposal : Request of M/s. LT[Mindtree Limited (LOA-59) located at Mindspace - SEZ for approval of transfer of Fitont Assets / Capital Goods to SEZ Developer after payment of applicable duties and taxes. b. Specific Issue on which decision of Approval Committee is required : Approval of transfer “of Fitout Assets / Capital Goods to SEZ Developer after payment of applicable duties and taxes. c. Relevant provision: Rule 38 of SEZ Rules, 2006 ~ “The goods or services admitted into Special Economic Zone without payment of duty or manufactured or produced or partly processed or semi-finished goods may be transferred or given on loan to a Unit or Developer within the same Special Economic Zone or in another Special Economic Zone or to an Export Oriented Unit or to a Unit in Electronic Hardware Technology Park or to a Unit in Software Technology Park, Bio-technology Park unit without payment of duty, subject to the following conditions, namely:— (i) the transferee or loanee Unit or Developer is entitled for duty-free procurement of the goods for its authorized operations” 0. Other Information: SEEPZ-SEZ/NEWSEZ/MINDSPACE/AIROLI/L&T/59 1. ..jLetter of Approval No. and Date [/2018-19/21054 Dated 17.08.2018. (Original LOA) Information Technology in the nature of Application Development (NIC Code-72291), Enhancement in Existing Application/Software (NIC Code-72292), 2. Item(s) of manufacture/services|Computer Software Services (NIC Code-62099), Information Technology Enabled services in the nature of Remote Maintenance (NIC Code-72295), Support Centres (NIC Code-6209). iof3 25-Jul-2023, 18:38

Firefox Atips://eotfice.seepz.co.in/eFile/?x-3dx E69 [MIDBGkpbewbZgk... Unit at 601, 6 Floor, Building No. 3, Mindspace 3. _ j|Present location Business Parks Private Limited - SEZ, Thane-Belapur Road, Airoli, Navi Mumbai = 400708. Date of commencement of 4 : 01.04.2019, production. 3... 90% Valid upto 31.03.2024. 8. List of imported and Indigenous Goods as per Documents/details submitted Amnexure-A, पु by the init छा: Transfer of b. Copy of Board Resolution Duty-Free Goods, c, Copy of LOA d. Letter of Allotment 8, NOC from Developer ‘Che unit vide letter dated 12.07.2023 has stated as under: They have applied for relocation of their existing unit located at Unit at 601, 6" Bloor, Building No. 3, Mindspace Business Parks Private Limited < SEZ, Thane- Belapur Road, Airoli, ‘Navi Mumbai ~ 400708 to another sector specific’ SEZ for IT/ITES Developed by LTIMindtree “Limited-SEZ at -prémises over “an area admeasuring t6 45697 ‘sqft at 118 and 12% foo, ‘Tower-2, Mensa Campus, Mahape, Navi Mumbai ~400710; Purther, the Developer vide letter dated 05.06.2023 & 19.07.2029 has stated as under : &, MBPPL had granted the lease of the subject Premises to LTIM on the terms and conditions as more particularly stated therein, On the expiry of notice period, LTIM has proposed to vacate and surrender aforesaid Premises to MBPPL as per terms of Agreement. b. MBPPL hereby stated that they have No-objection for LTIM applying with Office of Development Commissioner SEZ, for relocation .of subject Premises and Letter of Permission {LQP). -LTIM shall provide them the copy of exit permission/ relocation permission issued by this office for their record purpose. c. Agreed between the parties that LTIMindtree will be leaving behind its furniture, fixtures, fittings and helongings in the said premises and shall transfer the same te MBPPL by paying all applicable duties and taxes and MBPPL has agreed to accept the said assets and fixtures of LTIMindtree on as-is-where-is condition, dd. MBPPL has no Ne objection on transfer of assets and fixtures of LTIMindtree in its favour. OBSERVATIONS : « Unit had applied for re-location from Mindspace SEZ to LTTMindtrée SEZ in terms of instruction no. 101 dt. 01.11.2019 with ne revision of projection. However, the Unit is yet to furnish a revised No dues certificate from Developer and Specified Officer. ॥ Itis to mention that, in the similar case of M/s, Accenture Solutions Private Limited, the said proposal was considered and approved by the UAC in its meeting held on 30.06.2023, under the Rule 38 of SEZ Rules, 2006, subject to issuance of “No Dae Certificate” from the Specified Officer and Assessment of the goods to be transferred to the Developer.

  • Therefore, on approval and issuance of permission letter of the re-location, the said permission for transfer of fitout assets/capital goods will be issued. 20f3 25-Jal-2023, 18:38

Firefox https://eoffice.seepz.co.in/eF ile/?x=5dxE69 IMfDBGkpbewbZgk... e) ADC’s Recommendation: The Proposal of M/s. LTIMindtree Limited for approval. of transfer of Fitout Assets / Capital Goods to SEZ Developer after payment of applicable duties and taxes is submitted before the Approval Committee Meeting for consideration in terms of Rule 38 of SEZ Rules, 2006, subject to compliance of the below said documents-

  • Issuance of “No Due Certificate” from the Specified Officer. ¢ Assessment of the goods to be transferred to the Developer. FSCO EIR EAI K 3 of 3 25-Jul-2023, 18:38 3

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  • https://eoffice.seepz.co.in/eFile/Homefno-back-button |. GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE -_.. ANDHERI (EAST), MUMBAI अफेफ के मे के के मे मम. रे EER AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal » Approval for Monitoring of the performance of M/s. Larsen & Toubro Infotech Limited located in Mindspace-SEZ for the period 2019-2020 to’2021-2022.
  1. Specific Issue on which decision is required : : : Monitoring of the performance of the unit for FY 2019-2020 to 2021-2022 in terms of Rule 54 of SEZ Rules, 2006 c. Relevant provision of SEZ, Act, 2005 & Rules: In terms of Rule 54 of SEZ Rules, 2006 ~ “Performance of the Unit shall be mionitored’ by the Approval Committee as -per the guidelines given in Annexure appended to these rules.”, d. Other Information : : . SEEPZ-SEZ/ NEWSEZ/SERENE-THANE /MINDSPACE- LOA No. & Date ATROLI/61/LTIL/2019-20/10581 Dated 22.05.2019 valid upto 02.02.2025 Validity of LOA oe (02.02.2025 Item(s) of manufacture/ IT & IES Services Date of commencement 03.02.2020 of production Execution of BLUT Material & Services as BLUT for Goods BLUT Junl9 Rs. 78,84,50,478.00 Combine BLUT for Matetial anid Services details as

BLUT for Services ‘above. Outstanding Rent dues एस), Labour Dues "ENGL. ~ |Walidity of Lease 14.10.3028 Agreement Pending CRA Objection, NLA if an Pending Show Cause Notice/ Eviction. Order/Recovery Notice/ INA Recovery Order issued, if} any L277 HIYA AAD

tefox https://eoffice.seepz.co.in/eFile/Homefno-back-button a, Projected 1000 Nos. employment for the block period b. No. of employees as|341 Nos. on 31.03.2022 Area allotted (in sq. ft.) {95,622 sq. ft. Area available for each employee per sq. ft. basis/280.42 sq.ft. area / no. of employees Building ooo s—SSCizCY Investment -|Plant & 7 till date Machine Rs. 2,217.94 Lakhs TOTAL Rs. 2,217.94 Lakhs Per Sq. ft. Export during the FY Rs. 10.18 Lakhs Quantity and value of goods exported under Rule 34 (Unutilized goods 10.8. Value Addition during the monitoring period NO Whether all the APRs being considered now has been filed well within the time limit, or otherwise. If no, details of the Year along with no of days delayed to be given. All APRs are filed on time. A. (1} APPROVED Projections for FY 2019-2020 to 2021-2022 Rs. in lakhs r r 0 1 15४ Yea|274 Yeal374 ve] 4th ye |5t? ve 2019-2 | 2020-2 | 2021-| 2022- | 2023- ar ar ar Total 22 23 24 FOB value of export 417.21/2872.80 7660. 13406./19152.) 4350 80 40 OO} 9.21 FE Outgo 30.23] 294.55 732.6] 1505.8/1946.0] 4509. 7 3 3} 31 NFE 386.98] 2578.25 6928.| 11900.)17205,| 3899 13 57 97| 9.90 (II) Performance as compared to projections during the block period 2019-20 to 2021-22 Rs. in lakhs Financial Export F.E. OUTGO Year Raw Material C.G. import | Other i ॥ ' | ॥ |

refox https://eoffice.seepz.co.in/eFile/Home#fno-back-button Projected | Actual (Goods / Services) outflow Projected} Actual | Projected | Actual | Actual 2019-20 417.21 417.21 | 0.00 | | 0.00 | |__0.00| | 0.00 | 30.23 2020-21 2,872.80| 7,166.13 | 0.00 | | 0.00 | 36.00 | 0.00 | 325.53 2021-22 7,660.80} 9,738.38 | 0.00 | | 0.00 | 43.20) | 0.00 | 478.34 Total 10,950.81/17,321.72| | 0.00 | | 0.00 | 79.20 | 0.00 | 834.10 (III) Cumulative NFE achieved during the block period FY 2019-20 to 2021-22. Rs. in lakhs Year Cumulative NFE Cumulative NFE | Cumulative % NFE Projection Achieved Achieved 2019-20 386.98 386.99 100% 2020-21 2,965.23 7,227.59 244% 2021-22 9,893.36 16,487.63 167% (IV) Whether the Unit achieved Positive NFE :- YES (V} Reconciliation of Export & Import data a. EXPORT Rs.in lakhs Figures reported | Figures as per]... पु

. carl. in APR |Softex/Invoice Diference Reason for Difference/Remark erto (FOB Data y Value! Offshore Onsite [Exchange jTotal Credit Export |Difference|Difference 2019-20} 417.21 390.03 27.18 |Note BP | 0.00 | 25.50 [4.68 27.18 Ceore Onsite /Exchange |Total Not Export |Difference|Difference 2020-21) 7,166.13 7,260.95 -94.82 ote -482.85 |315.07 [72.96 -94.82 Offshore ite IE 3 7 Credi Onsite [Exchange |Total 2021-22] 9,738.38 9,186.77 551.61 veut Export [Difference Difference e7 FAA 10097 9.97 DRA

refox https://eoffice.seepz.co.in/eFile/Home#no-back-button Lf ffs [77.05 |79.08 fosion | | | | -4.52 377.05 1179.08 |551.61 | b. IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Lakhs) Fi Figures as per iE : Year/Period Figures as per Import/Trade Difference if Reasons for APR any difference Data 2019-20 | _ 0.00 | | ooo | | 0.00 NA 2020-21 | 0.00 | | 0.00 | [| ooo | NA 2021-22 | 0.00 | |_0.020 | | 0.00 | NA (VI) Bond cum Legal Undertaking (BLUT) Rs. In Lakhs 1 | Total Bond-Cum Legal Undertaking 7,884.50 . Remaining Value of BLUT given by entity at the start of the ii a : 7,202.16 Financial Year. Value of Additional Bond-cum-Legal Undertaking (BLUT) executed during the Financial Year. | ०० | १ The duty forgone on Goods/ Services imported or procured iv |during the Financial Year (should include the GST foregone 167.75 on DTA procured goods /services) Remaining Value of BLUT as at the end of the Financial Year (Gi) + (ii)- fiv)]. 7,034.41 Details of pending Foreign Remittance beyond Permissible period, if any (vi) To cross-check the same and verify whether NIL necessary permission from AD Bank / RBI has been obtained. (VII) |Whether all Softex has been filed for the said period. If no, details thereof. All softex forms have been filed till FY 2021-22 {a) SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, hwhether they have filed such pending Soitex. Whether all Softex has been certified, if so till which oo month has the same been certified. If not, provide details of the Softex and reasons for pendency. All. softex forms are certified. AIAG InNAAN Aaa Tad

refox FT https://eoffice.seepz.co.in/eFile/Home/fno-back-button (०) Whether tnit has filed any request for Cancellation of Softex No. (TX) Whether any Services provided in DTA / SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided Nil. (X) Is the Unit sharing any of their infrastructures with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter ‘to ‘be indicated NA. (1) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. Yes. (XII) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. If no, details thereof Yes. (XII) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report Nil (XIV) Has the unit set up any cafeteria / canteen / food court in unit premises. हु If yes, whether permission from UAC. / DC office has been issued, or otherwise office has been issued, or otherwise Whether unit has availed any duty-free goods. / services for-setting up such facility? If yes, whether unit has discharged such duty / tax benefit availed? details to be given including amount Yes, they have a canteen in their premises and provisional permission. has been issued from the DC office. Yes, they have availed of duty-free goods. They have not discharged the duty प/71/0097 9-29 DAA

refox af 7 hitps://eoffice.seepz.co.in/eFile/Home#ino-back-button benefit availed. The total cost of material works out to Rs. 1,45,084.00 and IGST Rs. 26,115.12 (as per hanit declaration). of duty / tax recovered or yet to be recovered Whether any violation of any of the provisions of law (XV) |has been noticed / observed by the Specified Officer |NO. during the period under monitoring Hence, the Unit explanation for discrepancy in the Export data & Import data appears to be correct for the year FY 2019-2020 to 2021-2022, Accordingly, based on APRs submitted by the Unit, performance has been monitored in terms of Rule 53 of SEZ Riles, 2006. : Further, as regards to details of value of goods and services filed in GSTR-2A in GST Return. Unit has declared vide letter dated 15.06.2023 that they have muitiple SEZ units in Maharashtra for which a common GST Number has been allotted by the department. In view of the common GSTR-2A, report is getting generated for all SEZ units based in Maharashtra, whereas NSDL data can be fetched unit. wise. Further the unit submitted that, they regret their inability to provide a comparison between GSTR-2A and NSDL data. (XVI) Observations: ¢ The Unit has achieved export revenue of Rs. 17,321.72 Lakhs as against projected export of Rs. 10,950.81 Lakhs i. e. 158.18 % during the period from 2019-2020 to 2021-2022.

  • The unit has achieved positive NFE during the block period. « Unit-has-achieved-value-additions of —% duty the FY. (Not applicable, as the said Unit is IT/ITES Unit).
  • All the APRs have been filed within the stipulated time period / Unit-hasfailed te-fle APR fer-the period —__—__within the-stipulated time period: [ strike out whichever is sae ss not applicable]
  • UAC may like to monitor the performance of the Unit for the period 2019-2020 to 2021-2022 in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved Positive NFE against their projected Export & NFE for the block period of FY 2019-2020 to 2021-2022 as per information submitted by the Unit. Accordingly, Agenda Note for consideration of the Unit Approval Committee is submitted for perusal. (e) 50075 Recommendation :
  • APR submitted by the unit for the year 2019-2020 to 2021-2022.
  • The unit has achieved Positive NFE on cumulative basis during the year 2019-2020 H21/2023. 2:32 PM

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  • Recommended te Approval Corniittee for monitoring as per Rule 54 of SEZ Rules, :

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Firefox 1 af KR ' GOVERNMENT OF INDIA hittps://eoffice.seepz.co.in/eFile/Home#no-back-button अफमेमे#ऋमि¢मकेक मम कम के के मे के के के के मे मे OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI ऋ॑फमेफ॑कफेमफकेरफ कफ फ कक के के रू के AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal :- Approval for Monitoring of the performance of M/s. Larsen & Toubro Infotech Limited located in Mindspace-SEZ for the period 2019-2020 to 2021-2022. b. Specific Issue on which decision is required Ae Monitoring of the performance of the unit for FY.2019-2020 to 2021-2022 in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provision of SEZ, Act, 2005 & Rules: In terms of Rule 54 of SEZ Rules, 2006 - “Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules.” d. Other Information : LOA No. & Date SEEPZ/ NEWSEZ/MINDSPACE/ AIROLI/L&T/59 2018-19/21054 dated 17.08.2018 Walidity of LOA 31.03.2024 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 01.04.2019 Execution of BLUT Material & Services an; Recovery Order issued, if a. BLUT for Goods BLUT Sept 18 Rs. 5,25,25,266.00 lb. BLUT for Services Service BLUT Feb 20 Rs. 7,99,17,538.00 (Outstanding Rent dues |N.A. Labour Dues IN.A. Validity of Lease 31.10.2027 Agreement Pending CRA Objection, it NLA if an Pending Show Cause Notice/ Eviction Order/Recovery Notice/ |N.A TINT INNDA 9.24 DAA

Firefox :

. https://eoffice.seepz.co.in/eFile/Hometno-back-batton a, Projected 500 Nos. : employment for the block period - b..No. of employees as on 31,03.2022 ‘Area allotted (in sq. ft.) 146,667 sq. ft. Area available foreach employee per sq. ft. basis/176.10 sq.ft. area / no. of employees Building 0.00 Investment [Plant & till date. Machine TOTAL Rs..998.82 Lakhs Per Sq. ft. Export during the FY Quantity and value of goods exported under Rule NA. 34 (Unrutilized goods 265 Nos. Rs.-998.82 Lakhs | Rs.-17,538.11 Value Addition during the” monitoring period N.A. Whether all the APRs being considered now has been filed well within the time litnit, or otherwise. - AIUAPRS are filed on-time:

If no, details of the Year along with no of days - delayed to be given. A. (1) APPROVED Projections for FY 2019-20 to 2023-24 : : ee : : aa Rs. in lakhs 18t yea 277 vealgtd ve] 4t® रह 57 ve r . r ar ar ar Total 2019-2 | 2020-2 |2021-| 2022- | 2023.) °°** Of od थे | 23 | 24- $,872.0| 5,241.6| 7,488.1.7,488.| 7,468. | 29,57 जाएं 0 00 00 00) 7.60 FOB value of export FE Outgo 624.00] 725.16] 879-6! 883.80|802.80[ 76 1,247.4 4,516.4] 6,658.| 6604 .2/6685.9| 25,71 8 a 20 0 Oo) 1.44 NEE (0) Performance as compared to projections during the block period 2019-20 to 2021-22 (Rs. in lakhs Financial Export F.E, OUTGO Year Raw Material C.G. import. . | Other We

Firefox तभी 6 https://eoffice.seepz.co.in/eFile/Home#mo-back-button Projected Actual (Goods / Services) outflow Projected | Actual-| Projected | Actual | Actual 2019-20 1,872.00} 1,636.76 | 0.00 | | 0.00 | 437.40 | 0.00 | 118.58 2020-21 5,241.60} 3,733.94 | 0.00 | | 0.00 | 201.00 | 0.00 | 171.44 2021-22 7,488.00] 8,184.51 | 0.00 | | 0.00 | 81.00 | 0.00 | 402.02 Total 14,601.60/13,595.21 | 0.00 | | 0.00 | 719.40] | 9.00 | 692.04 (Iit) Cumulative NFE achieved during the block period FY 2019-20 to 2021-22, Rs. in lakhs Year Cumulative NFE Cumulative NFE | Cumulative % NFE Projection Achieved Achieved 2019-20 1,247.40 1,518.18 122% 2020-21 5,763.84 3,120.68 89% 2021-22 12,422.04 12,903.17 104% (IV) Whether the Unit achieved Positive NFE :- YES (V) Reconciliation of Export & Import data a, EXPORT Rs.in lakhs Figures reported | Figures as per|_. F पे carl in APR |Scftex/Invoice Dinlerence Reason for Difference /Remark ero (FOB Data y Value Offshore Onsite . Exchange |Total Credit Export |Difference|Difference 2019-20] 1,636.76 2,320.92 -684.16 jNote P ~737.28 [44.52 |8.60 -684.16 onshore Onsite [Exchange |Total Te Export |Difference|Difference 2020-21 | 3,773.94. 3,705.43 68.51 |Note -9,98 44.03 |34.46 68.51 Offshore Onsite [Exchange |Total Credit iff . Export |Difference|Difference 2021-22] 8,184.51] 7,989.36 195.15 |Note -5.56 143.13 [57.58 195.15 Ans Inann Ana

Firefox hitps://eoffice.seepz.co.in/eFile/Homeffno-back-button 9. IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. | Rs. In Lakhs Fi i Figures as per iff if fi Year/Period igures as per Import/Trade Difference if Reasons ‘or | APR any difference |] Data 2019-20 | 10.00 | 0.00 [| 0.00 | | _ 0.00 | NA 2020-21 | 0.00 | 0.00 1__ 0.00 | |_ 0.00 [| NA 2021-22 | 10.00 | 0.00 | 0.00 [000 | NA (VI) Bond cum Legal Undertaking (BLUT) ॥ Rs. In Lakhs i 1091 Bond-Cum Legal Undertaking 1,324.43 ., |Remaining Value of BLUT given by entity at the start of the 7 fi as : ' 1,048.79 inancial Year. | ii Value of Additional Bond-cum-Legal Undertaking (BLUT) | ००० | 00 executed during ‘the Financial Year. . The duty forgone on Goods/ Services imported or procured iv |during the Financial Year (should include the GST foregone 173.94 on DTA procured goods/services) Remaining Value of BLUT as at the end of the Financial Year Iv + weey ६ ( 874.85 [Gi) + Gii)- Gv]. Details of pending Foreign Remittance beyond Permissible period, if any (शा) ITO cross-check the same and verify whether NA necessary permission from AD Bank / RBI has been obtained. (VIX) Whether ali Softex has been filed for the said period: If no, details thereof. All softex forms have been filed till FY 2021-22 SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, (a) whether they have filed such pending Softex. Whether all Sdftex has been certified, if so till which हा month has the same been certified. If not, provide details of the Softex and reasons for pendency. |All. softex forms are certified,

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Firefox https://eoffice.seepz,co.in/eFile/Home#no-hack-button Whether unit has filed any request for Cancellation during the peried under monitoring te} of Softex No. Whether any Services provided in DTA / SEZ/EOQU/STPI etc. against payment in INR in r/o NA न IT/TTES Unit during the period fo Tee yes, details thereof (year wise details to -be -}provided (x): os 2 is the Unit sharing any of their infrastructures with _fother units or are utilizing infrastructure of another unit in the same or other SEZ, If so, details thereof, including the details of the unit INA: with whom the sharing is being made, and the payment terms i approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter tobe indicated . (Whether all DSPF for services procured during the (x1) said monitoring period under consideration has been Yes . filed by the unit and whether the same has beer. हु processed for approval by the SO Office. ; ; Whether unit has filed all DTA procurement wit-t. ($11) © the goods procured by them during the monitoring | /Yes. _iperiod for the relevant period. If no, details thereof "Details of the request IDs pending for OOC in (S11) “|respect of DTA procurement on the date of NA, submission of monitoring report pas the ant eet up any cafeteria / canteen / food Yes, they have court in PIeMises canteen in their {If yes, whether permissioti from UAC / DC office has premises eng mission been issued, or otherwise office has been issued, or .|P $ ma df therwise हु has been issued from (xrv) ० the DC office. Whether unit nas availed any ony ree goods / No, they have not services for setting up such facility: availed of duty-free AE yes, whether unit has discharged such duty / tax goods. benefit availed? details to be given including amount NA of duty / tax recovered or yet to be recovered है Whether any violation of any of the provisions of law (XV) |. jhas been noticed / observed by the Specified Officer -|NA.

Firefox af e https://eoffice.seepz.co.in/eFile/Home#no-back-button Hence, the Unit explanation for discrepancy in the Export data & Import data appears to be correct for the year FY 2019-2020 to 2021-2022. Accordingly, based on APRs submitted by the Unit, performance has been monitored in terms of Rule 53 of SEZ Riles, 2006. Further, as regards to details of value of goods and services filed in GSTR-2A in GST Return. Unit has declared vide letter dated 15.06.2023 that they have multiple SEZ units in Maharashtra for which a common GST Number has been allotted by the department. In view of the common GSTR-2A, report is getting generated for all SEZ units based in Maharashtra, whereas NSDL data can be fetched unit wise. The unit further informed that, they regret to provide a comparison between GSTR-2A and NSDL data. (XVI) Observations: ° The Unit has achieved export revenue of Rs. 13,595.21 Lakhs as against projected export of Rs. 14,601.60 Lakhs i. e. 93 % during the period from 2019-2020 to 2021-2022. ° The unit has achieved positive NFE during the block period. ° Unit has achieved -vaite additions-of —% duty the FY. (Not applicable, as the said Unit is IT/ITES Unit). e All the APRs have been filed within the stipulated time period / Usitbasteiled tee APR for the -veriod ithin the stipulated time peried. [ strike out whichever is not applicable]

  • UAC may like to monitor the performance of the Unit for the period 2019-2020 to | 2021-2022 in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved Positive NFE against their projected Export & NFE for the ! block period of FY 2019-2020 to 2021-2022 as per information submitted by the Unit. Accordingly, Agenda Note for consideration of the Unit Approval Committee is i submitted for perusal. {e} ADC’s Recommendation :
  • APR submitted by the unit for the year 2019-2020 to 2021-2022.
  • The unit has achieved Positive NFE on cumulative basis during the year 2019-2020 to 2021-2022 as per S.O. report.
  • Recommended to Approval Committee for monitoring as per Rule 54 of SEZ Rules,

wkkkek tek ek ek TINTINNND 1.24 DAA i

Firefox hitps://eoffice.seepz.co.in/eFile/Home#no-back-button GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI KREKEKEERE ऊ। | AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal :- हिY ; os ; Approval for Monitoring of the performance of M/s. Larsen & Toubro Infotech Limited located in Mindspace-SEZ for the period 2016-2017 to 2925 1-2022.

, Specific Issue on which decision is required :- हु ! Monitoring of the performance of the unit for FY 2016-2017 to 2021-2022 in terms of Rule 54 of SEZ. Rules, 2006 ; ' c, Relevant provision of SEZ, Act, 2005 & Rules In terms of Rule 54 of SEZ Rules, 2006 ~ “Performance of the Unit shall-be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules | d. Other Information : SEEPZ/NEW-SEZ/SERENE-THANE/51/2014-15/5404 dated 25.03.2015 valid upto 31.09.2020 LOA No. & Date : SEEPZ/NEW-SEZ/SERENE-THANE/51/2014-15 12580 dated 14.10.2020 valid upto 30.04.2025 \Validity of LOA 30.04.2025 item(s) of manufacture/ IT & ITES Services Date of commencement | of production 14.09.2015 | Execution of BLUT a. BLUT for Goods Material BLUT Apr 15 Rs. 8,57,35,790.00 Material & Services BLUT Nov 20 Rs. 30,49,26,535.00

  1. BLUT for Services Service BLUT Feb 20 Rs. 22,,44,04,848.00 Outstanding Rent dues |Nil. | Labour Dues Nil. : Validity of Lease 30.04.2024 | Agreement Pending CRA Objection, if an NLA nf 7 i FInainanan nan:

Firefox of 7 Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if NA hitps://eoffice.seepz.co.in/eFile/Home#no-back-button a. Projected employment for the block period 9, Ne. of employees as on 31.03.2022 800 Nos. 939 Nos. Area allotted (in sq. ft.) 84,098 sq. ft. Area available for each employee per'sq..ft. basis 89.56 sq.ft. area / no. of employees 0.00 Rs. 1,061.53 Lakhs

  • | Building’ Investment Plant & till date Machine TOTAL Rs, 1,061,33 Lakhs Per Sq, ft. Export during the FY Rs. 23,935.64 Quantity and value of goods exported under Rule NA. 34 (Unutilized goods Vahie Addition during the monitoring period NA. Whether all the APRs being considered now has been filed well within the time limit, or-otherwise. If no, details of the Year - along with no of days delayed. to be given. All APRs are filed on time: (1) (a) APPROVED Projections for FY 2015-2016 to 2019-2020 Rs. in lakhs’! 15t Yea ¥ ry 2015-1 6 प्र 2nd Yea 2016-1 374 ve ar 2017- 18 4% ve ar 2018- 19 5th ye

BFS 2019. 20 Total FOB value of export 7420.72 3 14,819. 3 23,27 4.09 23,44 8.27 24,35 2.36 93,31 477 FE Outgo 4744.33) 8.272. 1 7 11,78 1.33 L177 5.10 12,11 1.19 48,68 4.12 NFE 2676.39) °547- 1 6 11,49 2.76 11,67 6.17 12,24 1.17 44,63 0.65

Firefox https://eoffice.seepz.co.in/eFile/Homefno-back-button (I) (b) APPROVED Projections for FY 2020-2021 te 2024-2025 Rs. in lakhs 15* Yea/27¢ Yea|3"4 Yel ath ye |5th ye Ir r ar ar ar Total 2020-2 | 2021-2 |2022-| 2023- | 2024.| 7° 1 2 23 24 25 10,279,} 10,793.) 11,33] 11,90] 12,49] 56,80 F ,

१ 2 , , OB value of export 79 78) 3.47/ 0.14] 5.15 2.33 F 1,219.5] 1,155.5] 1143.) 1208.0]/1249.6| 5976. © Outgo 9 5|__34| 1 6 18 NFE 9,060.2) 9,638.2) 1019] 10692./11245.} 5082 0 21 0.13 13 49| 6.17 (II) (a) Performance as compared to projections during the 18 block period 2016-17 to 2019-20 Rs. in lakhs Export F.E. OUTGO Fi ial Raw Material C.G. import Other ven Projected | Actual (Goods /Services) outflow ‘ear Projected | Actual | Projected | Actual | Actual 2016-17 | 14,819.33] 3,909.56 | 0.00 | | 0.00 | 762.55} 4.83 78.65 2017-18 | 22,274.09} 4,932.52 | 0.00 | | 0.00 | 350.19| 16.77 | 343.91 2018-19 | 23,448.27! 5,051.46 | 0.00 | | 0.00 | 307.59 | 0.00 | 289.45 2019-20 | 24,352.36] 12,849.74 | 0.00 | | 0.00 | 314.82 | 0.00 | 930.91 Total 84,894.05/26,743.28 | 0.00 | | 0.00 | 1,735.15| 21.60 |1,642.92 [7] (b) Performance as compared to projections during the 27% block period 2020-21 to 2021-22 (Rs. in lakhs Export F.E. OUTGO Fi sal Raw Material C.G. import Other manera, Projected Actual (Goods / Services) outflow Year Projected | Actual | Projected | Actual] Actual 2020-21 10,279.79} 15,209.79 | 0.00 | | 0.00 | 500.00 | 0.00. | 690.93 2021-22 10,793.78} 20,129.40 | 0.00 | | 0.00 | 400.00 | 0.00 | 988.74 Total 21,073.57| 35,339.19 | 9.00 | | 0.00 | 900.00 | 0.00 | 1,679.67 (III) (a) Cumulative NFE achieved during the 15८ block period FY 2016-17 to 2019-20. Rs. in lakhs Y Cumulative NFE Cumulative NFE | Cumulative % NFE ear Projection Achieved Achieved 2016-17 6,547.16 4034.29 58.38% 2017-18 18,039.92 8612.32 46.56% of 7

irefox . itps://eoffice.seepz.co.in/eFile/Home#no-back-button 2018-19 89-713.09

13;363.75 0): 44.26% 2019-20 41,954.26 25,061.55 59.74% Ill) [9] Cumulative NFE achieved during the 2°4 block period FY 2020-21 to 2021-22. Rs. in lakhs Year Cumulative NFE Cumulative NFE | Cumulative % N¥FE Projection Achieved Achieved

  • 2020-21 9060.20 bot 14510.11 -- 160.15% 2021-22 18,698.42 33642.04 179.92% (५) Whether the Unit achieved Positive NFE YES - (V) - Reconciliation of Export के Import data {Rs. In Lakhs) a, EXPORT Year/ | Figures | Figures as per |Difference| Reason for Difference/Remark Period | reported |Softex/Invoice|.- if any in APR | - Data (FOB Value 2016-17] 3,909.56 3,152.08 757.48 | Offshore | Onsite [Exchange] Total Credit | Export |Difference|/Difference Note . -12.81 671.08}: .99,.21 757.48 2017-18) 4,932.52 4,695.16 237.36 | Offshore! Onsite Exchange!) Total Credit | Export |Difference|Difference Note -74.08 1320.39] ~*8.95 237.36 2018-19) 5,051.46 4,803.62 247.84 | Offshore | Onsite |Exchange| Total Credit | Export /Difference|Difference Note ~841.62 |533.79| 55.67 | 247.84 Offshore | Onsite |Exchange| Total 2019-20]12,849.74 2,418.74 431.00 Credit -| Export |Ditference|Difference Note -269.41 (575.33, 125.08 4231.00 Offshore} Onsite [Exchange] Total 2020-21/15,209.79| “14,701.00 508.79 Credit | Export |Difference|Difference Note [| -42.56 |389.86| 161.49: | 508.79 2021-22/20,129.40) 19,548.91 580.49 |Offshore| Onsite |Exchange| Total Credit- | Export |Difference|Difference Note -37.90 }|385.83} 232.56 | 580.49 b. IMPORT {Capital Goods including procurement done on TUT (from SEZ, EOU, STPI, EHTP) basis. — : tags हिY

7/21/2023, 2:29 PM

firefox हिY . hitps://eoffice.seepz.co.in/eF Ue/Hometino-back-button (Rs. In Lakhs) Year/Period Figures as ‘per गा पक Difference if Reasons for " APR है D any difference ata 2016-17 4.83 4,83 | 0.00 |]! NA 2017-18 16,77 16.77 0.00 NA 2018-19 0.00 0.00 0.00 NA 2019-20

  • |
  1. | 0.00 | 0.00 | NA 2020-21 «a 0,00 0.00 0.00 NA 2021-22 0.00 0.00 |. 000 | NA (VI) Bond cum Legal Undertaking (BLU) Rs. In-Lakhs i Total Bond-Cum Legal Undertaking . . 6,150.67 Remaining Value of BLUT given by entity at the start of the Financial Year. ii 5,367.63 Value of Additional Borid-cum-Legal Undertaking [BLUT) executed during the Financial Year. 0.00 iki The duty forgone on Goods/ Services imported or procured iv during the Financial Year (should include the GST foregone’ “166.60 on DTA procured goods/services) : Remaining Value of BLUT as at the end of the Financial Year (i) + (i)- Ge]. 520108 Details of pending Foreign Remittance beyond Permissible period, if any (wa) To cross-check the same and verify whether NA necessary permission from AD Bank / RBI has been obtained. {VII} {Whether all Softex has been filed for the said . period, If no, details thereof. All softex forms have been filed till FY 2021-22 (a) SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. Whether all Softex has been certified, if so till (b) hwhich month has the same been certified. Ifnot,. [All softex - forms are provide details of the Softex and reasons for certified. pendency. Whether unit has fled any request for (cy. Cancellation of Softex . No. Whether any Services provided in DTA / SEZ/EOU/STPI etc. against payment in INK in NA. (TX) cfoIT/ITES Unit during the period. if yes, details thereof {year wise details to be cone : 7121/2023, 2:29 PM

firefox, iat 7 https://eoffice.seepz.co.in/eFile/Home#fno-back-button provided) (X%) Is the Unit sharing any of their infrastructures - with other tnits or are utilizing infrastructure of another unit in the same or other SEZ, If so, details thereof, including the details of the NA

unit with whom the sharing is being made, and हु the payment terms ifapproval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated Whether all DSPF for services procured during the (x0) said monitoring period under consideratiori has Ves been filed by the unit and whether the same has been processed for approval. by the SO Office. Whether unit has filed all DTA promurement w.r.t. (xt) the goods procured by them during the ves monitoring period for the relevant-period. If mo, ~ details thereof . Details of the request IDs pending for OOC in (XYQ. [respect of DTA procurement on the date of NA submission of monitoring report . Yes, they have a canteen Has the unit set up any cafeteria / canteen / food jin their premises and court in unit premises. provisional permission हिY has been issued from the tyes, whether permission from UAC 7 DC office - DC office. has beén issued, or otherwise office has been issued, or otherwise Yes, they have availed of (XIV) duty-free goods: Whether tinit has availed any duty-free goods / services for setting wp such facility? They have not discharged : : the duty benefit availed. If yes, whether unit has discharged such duty / - |The total cost of material tax benefit availed? details to be given including .fworks out of Ks. amount of duty / tax recovered or yet to be 1,99,688.00. and IGST Rs. recovered “144,096.26 {as per unit’s : declaration). Whether any violation of any of the provisions of (XV) law has been noticed / observed by the Specified _ NA. Officer during the period under monitoring Hence, the Unit explanation for discrepancy in the Export data & Import data appears to be correct for the year FY 2016-17 to 2021-2022. Accordingly, based on APRs submitted by the Unit; performance has been monitored in terms of Rule 53 of SEZ Rules, 2006.

  • Further, as regards to details of value of goods and services filed in GSTR-2A4 in GST Return. Unit has declared vide letter dated 15.06.2023 has declared that they have multiple SEZ units in Maharashtra for which @ common GST Number has been allotted by the department. In view of the common GSTR-2A, report is getting generated for all SEZ units based in HVUPHVVS 9-90 BM

*jrefox 7 af https://eoffice.seepz.co.in/eFile/Home#no-back-button Maharashtra, whereas NSDL data can be fetched unit wise. The unit further informed that, they regret to provide a comparison between GSTR-2A and NSDL data. (XVI) Observations: ¢ The Unit has achieved export revenue of Rs. 62,082.47 Lakhs as against projected export of Rs. 1,06,967.62 Lakhs i. e. 58 % during the period from 2016-2017 to 2021-2022.

  • The unit has achieved positive NFE during the block period. U Unit-has achieved-value additions of —% duty the FY, (Not applicable, as the said Unit is IT/ITES Unit).
  • All the APRs have been filed within the stipulated time period / Unit-hasfailed te file APR forthe period —.__within the stipulated time-period, [ strike out whichever is not applicable] .
  • UAC may like to monitor the performance of the Unit for the period 2016-2017 to 2021-2022 in terms of Rule 54 of SEZ Rules, 2006. The Unit has-achieved Positive NFE against their projected Export & NFE for the block period of F¥ 2016-2017 to 2021-2022 as per information submitted by the Unit. Accordingly, Agenda Note for consideration of the Unit Approval Committee is submitted for perusal. (e) ADC’s Recommendation : e APR submitted by the unit for the year 2016-17 to 2021-2022.
  • The unit has achieved Positive NFE on cumulative basis during the year 2016-2017 to 2021-2022 as per S.O. report.
  • Recommended to Approval Committee for monitoring as per Rule 54 of SEZ Rules,

oa 21/2023. 2:29 PM

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