Agenda for Approval Committee meeting for Private SEZs to be held on 20.12.2023 — 03-mindspace-sez

SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF M/s. MINDSPACE BUSINESS PARKS PRIVATE LIMITED.

VENUE : Conference Hall, 2nd Floor, The Office of the Development
Commissioner, SEEPZ-SEZ, Andheri (East), Mumbai.

DATE : Wednesday, 20th December, 2023.

TIME : 11:30 A.M.

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Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of M/s. Mindspace Business Parks Private Limited - SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Wednesday, 20th December, 2023.

INDEX

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Agenda Item No.

Subject Agenda Item No. 01 : - Confirmation of minutes of the meeting held on 01.11.2023 Agenda Item No. 02 : - Approval w.r.t. Surrender of chargeable area admeasuring to 3,44,370 Sq.ft. Located at Stilt level and 1st to 8th Office Floors of Bldg. no. 02, Mindspace Business Park Pvt. Ltd., IT-ITES SEZ, Mindspace, Kalwa TTC Industrial Area, Airoli, Navi Mumbai- 400708, Maharashtra without revision of projection and transfer of Fitout Assets/Capital Goods to SEZ Developer at Mindspace –SEZ - M/s. Accenture Solutions Private Limited

File No.SEZ1-14011/6/2021-NS

File No.SEZ1-14011/6/2021-NS

Name of SEZ Name of Unit Subject Action Taken Mindspace - SEZ Sutherland Global Services Private Limited Approval w.r.t. Addition of location in the existing Unit Letter of approval to include total area admeasuring 41,826 sq.ft at Unit No. 701, 6th office floor, Building No.9, Mindspace Business Parks Pvt. Ltd.- SEZ, Airoli Knowledge Park, Mumbai Maharashtra India- 400708 with revision in projections for remaining 2 years. Approval letter issued to the unit on 22.11.2023 Action taken for the UAC Meeting held on 01.11.2023

GOVT. OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, MINISTRY OF COMMERCE & INDUSTRY, SEEPZ (SPECIAL ECONOMIC ZONE) MUMBAI

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  AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

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a. Proposal: - Application of M/s. Accenture Solutions Private Limited for approval w.r.t. Surrender of chargeable area admeasuring to 3,44,370 Sq.ft. Located at Stilt level and 1st to 8th Office Floors of Bldg. no. 02, Mindpsace Business Park Pvt. Ltd., IT-ITES SEZ, Midnspace, Kalwa TTC Industrial Area, Airoli, Navi Mumbai-400708, Maharashtra without revision of projection and transfer of Fitout Assets/Capital Goods to SEZ Developer at Mindpsace -SEZ. b. Specific Issue on which decision of Approval Committee is required: -
Approval w.r.t. Partial surrender of area without revision of projection and Transfer of Fitout Assets/Capital Goods to SEZ Developer i.e. M/s. Mindpsace Business Park Pvt. Ltd. after payment of appropriate duties & taxes and oblige. c. Relevant Rule and Instruction:- In terms of Rule 38 of SEZ Rules, 2006 which stipulates that – “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 Eletronic 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 laonee Unit or Developer is entitled for duty-free procurement of the goods for its authorized operations.” d. Other Information:- 1 Letter of Approval No. and Date SEZ/SERENE-THANE/(20)LOA-20/2010-11 /(38)/3706 Dated 04.08.2010. 2 Item(s) of manufacture/services Development of Computer Software & IT Enable Services 3 Present location Office Floor 01 to 08, Building No. 02, 10 and 12, Mindspace Buidling Parks Pvt. Ltd.-SEZ, Thane Belapur Road, Airoli Navi Mumbai-400708. 4 Date of commencement of production 06.01.2011

5 LOA Valid upto 05.01.2026 6 Documents/details submitted by the unit w.r.t. Transfer of Duty Free Goods. a. List of Imported Capital Goods as per Annexure-A Annexure B and Annexure C, b. NOC from Developer c. Copy of Termination Notice issued to Developer by them. • The unit has stated as under:

1. They have submitted the application for partial surrender chargeable area Located at Stilt level and 1st to 8th Office Floors of Bldg. no. 02, Mindpsace Business Park Pvt. Ltd., IT-ITES SEZ, Midnspace, Kalwa TTC Industrial Area, Airoli, Navi Mumbai-400708, Maharashtra without revision of projection. Total admeasuring area to 3,44,370 Sq ft.
2. All the Fitout Assets/Capital Goods lying at their SEZ premises as mentioned in “Annexure 1, Annexure 2 and Annexure 3” they will be transferred to Developer on payment of appropriate duties & taxes and oblige.
3. It is to mention that, in the similar case of M/s. Accenture Solutions Pvt. Ltd, the proposal for transfer of duty free goods to Developer on payment of applicable duties and taxes was placed in the 117th UAC meeting held on 29.05.2023 wherein the decision was approved subject to - ▪ Issuance of “No Dues Certificate” from the Specified Officer. ▪ Assessment of the goods to be transferred to the Developer (a) Specified Officer videdt. 18.07.2023 has provided the no dues in respect of deletion of area admeasruing 1,77,377 sq. ft. at MBPPL i.r.o. duty/benefits ▪ Accordingly, permission was granted vide this office letter dated 15.06.2023 . e. ADC Recommendation:- • The Proposal of M/s. Accenture Solutions Private Limited for approval of partial deletion/surrender of chargeable area without revision of projections and transfer of Fitout/Capital Goods to SEZ Developer after payment of appropriate duties & taxes and oblige submitted before the Approval Committee Meeting for consideration in terms of Rule 38 of SEZ Rules. 2006, subject to compliance of issued of “No Dues Certificate” from the Specified Officer.

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