Minutes of Approval Committee meeting held on 20.12.2023 — 03-mindspace-minutes

Minutes of 122nd Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Mindspace Business Parks Pvt. Ltd. - SEZ, Airoli, Navi Mumbai, under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on 20.12.2023, at Second Floor SEEPZ Service Centre, SEEPZ SEZ, Mumbai.

1. Name of the SEZ
:
M/s. Mindspace Business Parks Pvt. Ltd.
2. Sector
:
IT/ITES
3. Meeting no
:
122nd
4. Date
:
20.12.2023
Members Present :
Sr.
No.
Name of Members
Designation
Organization
1
Shri. C. P. S.
Chauhan
Jt.
Development
Commissioner,
SEEPZ-SEZ.
2
Shri. Leider
Panicker
Joint
Commissioner
Income Tax
Nominee of Commissioner of Income
Tax office, Mumbai.
3
Shri.
Himanshu
Dhar Pandey
Deputy Director DGFT Nominee of the Additional DGFT,
Mumbai.
4
Smt. Kirti
Deshmukh
Deputy
Director
Industries
Nominee of DC Industries,
Government of Maharashtra.
5
Smt. Sunita Jagtap Superintendent
of
Customs
Nominee of Commissioner of
Customs, General, Air Cargo, Sahar.
Special Invitee:-
. Dr. Prasad Varwantkar
: Dy. Development Commissioner, SEEPZ SEZ
. Shri. R.K. Jain
: Specified Officer Mindspace -SEZ.
Shri. Hanish Rathi, ADC (New SEZ), Shri. Palash Shankar, ADC (New SEZ),
Shri Manish Kumar, ADC (New SEZ); Smt. Rekha Nair Assistant, Shri. Ravindra
Kumar, Assistant and also attended for assistance and smooth functioning of the
meeting.
Agenda Item No. 01: Confirmation of Minutes of the 121st meeting held on 01.11.2023.
The Minutes of the 121st Meeting held on 01.11.2023 were confirmed with
consensus.
File No.SEZ1-14011/6/2021-NS

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 of M/s.
Accenture Solutions Private Limited.
The unit M/s. Accenture Solutions Private Limited located at M/s. Mindspace-
SEZ has requested for 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.
During the meeting committee discussed the Rule position, with regards to the following
:-
•
Whether a unit can avail the depreciation on capital goods under the provision of
Rule 49 of SEZ Rules 2006 only when goods are not removed into DTA and the
goods are goods are surrendered to Developer after payment of applicable
duty/Tax.
Decision :- After deliberations, the Committee asked the unit representative to submit a
request to allow them to transfer the capital goods on depreciated value based on which
reference to be made to MOC&I for clarification /directions in the matter.
Supplementary Agenda Item No. 01 :
Monitoring Performance of the unit M/s.
CitiusTech Healthcare Technology Private Limited (LOA-60) located at Mindspace– SEZ
for the period 2018-2019 to 2022-2023.
The Annual Performance Report for the years 2018-2019 to 2022-2023 was
submitted by the Unit and verified by the Specified Officer, Mindspace – SEZ vide letter
dated 04.12.2023. The unit has achieved positive NFE of Rs. 549.94 Crores on
cumulative basis as per S.O.’s verification report.
Decision:- After deliberation, the Committee noted the performance of M/s. Citius Tech
Healthcare Technology Private Limited (LOA-60) located at Mindspace – SEZ for the
period 2018-2019 to 2022-2023 in terms of Rule 54 of SEZ Rules, 2006.
Meeting ended with the vote of thanks to the Chair.
File No.SEZ1-14011/6/2021-NS

(Rajesh Kumar Mishra, IRS)
Chairperson-cum-
Development Commissioner,
SEEPZ-SEZ
File No.SEZ1-14011/6/2021-NS