Agenda for meeting of Approval Committee meeting for Pune-Cluster to be held on 27 June 2023. — 06-1qubix-business-park-pvt-ltd
SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.
AGENDA FOR
MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE OF M/s. QUBIX BUSINESS PARK PVT. LTD.-SEZ
Via Video Conferencing
DATE : 27.06.2023
TIME : 03.30 P.M.
MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE, UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 27.06.2023 INDEX
Agenda Item No.
Subject Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 30.05.2023 Agenda Item No. 02: - Application for Setting up New Unit submitted by M/s. TechOrbit Solutions Pvt Ltd Agenda Item No. 03: - Application for Approval of List of Material submitted by M/s. Qubix Business Pvt Ltd (Developer) Agenda Item No. 04: - Monitoring of Performance of M/s. nCircle Tech Pvt Ltd (LOA-64) Agenda Item No. 05: - Monitoring of Performance of M/s. nCircle Tech Pvt Ltd (LOA-65) Agenda Item No. 06:- Monitoring of Performance of VJ Coresoft Pvt Ltd Agenda Item No. 07:- Monitoring of Performance of M/s. PharmaACE Innovations LLP.
1
Minutes of the 123nd Meeting of the Approval Committee held under the
Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for
Sector Specific Special Economic Zone for IT/ITES of Qubix Business Park Pvt.
Ltd.-SEZ, Pune, held on 30.05.2023 via video conferencing.
1
Name of the SEZ
M/s. Qubix Business Park Pvt Ltd SEZ
2
Sector
IT/ITES
3
Meeting No.
123rd
4
Date
30.05.2023
Members present
S
r
Name and Designation
(S/Shri.)
Department
1
Smt. Mital S. Hiremath
Joint Development Commissioner
Pune Cluster-SEZ, Pune
2
Smt. Pradnya R. Gholap, DCIT(TDS),
Pune
Nominee of Income Tax, Pune
3
Dr. Dileeraj Dabhole, Dy. DGFT
Nominee of DGFT, Pune
4
Smt. Sunita Jagtap, Superintendent
Nominee of Customs, Pune
Special Invitee
Sr
Name and Designation
Department
1
Shri B. Ajay Kumar
Specified Officer
M/s. Qubix Business Park Pvt. Ltd.
SEZ
Agenda Item No.01: Confirmation of Minutes of the 122nd meeting held on
25.04.2023
After deliberation, the Committee confirmed the minutes of the 122nd Approval
Committee meeting held on 25.04.2023.
Agenda Item No.02: Application for Revision of projections on account of addition
of area to the existing operational area of M/s. CRISIL Ltd.
After deliberation, the committee approved the proposal of the Unit for Revision
of projections on account of addition of area to the existing operational area, in
terms of Rule 19(2) of SEZ Rules, 2006, as detailed below:
- Location / area proposed to be added : Existing address and area Area proposed to be added Total area after addition 1st Floor, IT-3 Building, Qubix Business Park Pvt Ltd. SEZ Ground
Floor
IT-3 Building,
Qubix Business Park Pvt Ltd. SEZ 1st and Ground Floor, IT- 3
Building,
Qubix Business Park Pvt Ltd. SEZ Admeasuring area of 3,944.48 Sq.Mtr. Admeasuring area of 1,628.31 Sq.Mtr. Admeasuring area of 5,572.79 Sq.Mtr. File No.S-SEZ-MINS0QBXP/1/2022-JDCP I/2128/2023 323
2 2. Revision in Projections, as detailed below: Sr.N o Particular s 2021- 22 2022- 23 2023-24 2024- 25 2025-26 Total 1. FOB Value of exports 10936. 02 14189. 40 12506.2 2 13131. 53 13788.1 1 64551.30 2. Foreign Exchange outgo 696.26 744.99 2837.48 3036.1 0 3248.63 10563.45 3. Net Foreign Exchange 10239. 76 13444. 41 9668.75 10095. 43 10539.4 8 53987.84 Investment-Plant and Machinery/ Capital Goods (Rs. In Lakhs) i. Indigenous Capital Goods 3537.67 ii. Imported Capital Goods 523.23 Input of Services i. Indigenous Services 39580.99 ii. Imported Services 10040.22 Employment (Men-500, Women-200) 700 Agenda Item No.03: Application for Revision of projections on account of addition of area to the existing operational area of M/s. Allygram Systems and Technologies Pvt. Ltd. After deliberation, the committee approved the proposal of the Unit for Revision of projections on account of addition of area to the existing operational area, in terms of Rule 19(2) of SEZ Rules, 2006, as detailed below:
- Location / area proposed to be added : Existing address and area Area proposed to be added Total area after addition Office No. 4B, Ground Floor, Bldg. No. IT 8, Flagship Developers Pvt.
Ltd.,
Qubix Business Park Pvt Ltd. SEZ, Plot No. 2, Blue Ridge Township, Near RGIP-Phase- I,Hinjewadi,Pune- 411057 Unit No. 3, Ground Floor, Bldg. No. IT 8, VITP Pvt. Ltd.,Qubix Business Park Pvt Ltd. SEZ, Plot No. 2, Blue Ridge Township, Near RGIP-Phase-I, Hinjewadi, Pune-411057 Office No. 4B, & Unit No. 3, Ground Floor, Bldg. No. IT 8, VITP Pvt. Ltd., Qubix Business Park Pvt Ltd. SEZ, Plot No. 2, Blue Ridge Township, Near RGIP- Phase-I,Hinjewadi,Pune- 411057 File No.S-SEZ-MINS0QBXP/1/2022-JDCP I/2128/2023 324
3 Admeasuring area of 8,000.00 Sq. ft. Admeasuring area of 8,273.00 Sq.ft. Admeasuring
area
of 16,273.00 Sq.ft. 2. Revision in Projections, as detailed below: Sr.N o Particular s 2018- 19 (actuals As per APR) 2019- 20 (actual s As per APR) 2020-21 (actuals As per APR) 2021- 22 (actual s As per APR) 5 year (revised) (upto Dec., 2023) Total 1. FOB Value of exports 225.83 1651.6 9 2553.22 2916.4 3 3319.45 10666.62 2. Foreign Exchange outgo 126.06 38.79 22.50 326.40 403.60 917.35 3. Net Foreign Exchange 99.77 1612.9 0 2530.72 2590.0 3 2915.85 9749.27 Investment-Plant and Machinery/ Capital Goods (Rs. In Lakhs) i. Indigenous Capital Goods 708.51 ii. Imported Capital Goods 418.35 Input of Services i. Indigenous Services 103.51 ii. Imported Services 100.00 Employment (Men-100, Women-22) 122 Agenda Item No.04: Monitoring of Performance for M/s. LTI Mindtree Ltd. After deliberation, the committee noted the performance of the Unit, in terms of Rule 54 of SEZ Rules, 2006: i. For FY 2017-18 of 1st Block i.e., 2013-14 to 2017-18. The unit in FY 2017-18 has achieved cumulative NFE of Rs. 12388.62 lakhs, i.e., 95.06% and ii. For FY 2018-19 to 2021-22 4 years of 2nd Block i.e., 2018-19 to 2022- 23. The unit in FY 2021-22 has achieved cumulative NFE of Rs. 43499.52 lakhs i.e., 94.54% along with the employment of 835 employees. File No.S-SEZ-MINS0QBXP/1/2022-JDCP I/2128/2023 325
4 Agenda Item No.05: Application for Approval for Change of name of the unit from M/s. EMC Software and Services India Pvt. Ltd to M/s. Dell International Services India Pvt. Ltd., Change in Shareholding pattern and Directors in accordance with NCLT Order dated 16.03.2023 in terms of Instruction No. 109 of MOC&I. After deliberation, Committee approved the proposal of the Unit for approval of Change of Entrepreneur by way of NCLT Order for amalgamation between M/s M/s. EMC Software and Services India Pvt. Ltd with M/s. Dell International Services India Pvt. Ltd. in accordance to the provision of Rule 19(2) of SEZ Rules, 2006 and Instruction No. 109 of MOC&I. Details of the Directors of M/s. Dell International Services India Pvt. Ltd after amalgamation are as under: Sr.No. Name Designation 1. Alok Ohrie Whole Time Director 2. Mahadevan Subash Whole Time Director 3. Kiran Prasad Hegde Whole Time Director 4. Kimberly Billings Erlanson Director 5. Carol Michelle Mann Adams Director Shareholding pattern of the Company M/s. Dell International Services India Pvt. Ltd., after amalgamation is as under: Name
of Shareholders Class
of Shares No. of Shares held Paid up Share Capital Percentage of holding Dell
Global B.V. Equity shares of Rs.2 each 7,23,03,644 14,46,07,288 62.99543 Dell International LLC Equity shares of Rs.2 each 3,62,00,126 7,24,00,252 31.53980 Dell international Holdings VIII B.V. Equity shares of Rs.2 each 16 32 0.00001 Dell Marketing L.P. Equity shares of Rs.2 each 26,179 52,358 0.02281 Dell Marketing Corporation Equity shares of Rs.2 each 62,46,056 1,24,92,112 5.44195 Total 11,47,76,021 22,95,52,042 100 File No.S-SEZ-MINS0QBXP/1/2022-JDCP I/2128/2023 326
5 The approval is subject to the conditions as laid down in Instruction No. 109 dated 18.10.2021, as applicable, issued by MOC&I: i. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity; ii. Fulfilment of all eligibility criteria applicable, including security clearances etc. by the altered entity and its constituents; iii. Applicability of and compliance with all Revenue/Company Affairs/SEBI etc. Act/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&R), 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 in ownerships etc. as may be applicable and eligibility for deduction under relevant sections of the 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 applicant shall furnish details of PAN and jurisdictional assessing office of the unit to CBDT. viii. The applicant shall be recognized by the new name or such arrangement in all the records. Meeting ended with a vote of thanks to the Chair. (Shyam Jagannathan, IAS) Chairman-cum- Development Commissioner Email-dcseepz-mah@nic.in File No.S-SEZ-MINS0QBXP/1/2022-JDCP I/2128/2023 327
1
FORMAT FOR NEW UNIT IN SEZ
COMPANY/UNIT PROFILE
Name and address,
telephone/fax/email ID
Status of the company
i.e. proprietorship/
partnership/individual
and statute under which
registered with
registration no. & year of
registration
Financial capability of the
applicant
IEC No / date/ issued by
M/s. TechOrbit Solutions Pvt. Ltd.
Registered address: H No. 4 ,Vijay Constructions,
Indrayani Nagar, Bhosari,412105
Proposed address: At Ground Floor, Building No. IT
5,Qubix Business Park Pvt. Ltd.-
SEZ, Plot No. 2 , Near, Rajiv
Gandhi Infotech Park, Hinjawadi,
Phase-I, Pune- 411 057
Telephone:- +91-27-9552220111 Fax:
+91-27-
9552220111
Email Id:- Dhanesh@TechOrbitGroup.com
Web-site : www.techorbitgroup.com
Proprietorship/ Partnership/ Individual/Company
Registration
Private
Limited
CIN
Date
U72200PN2020PTC1891
24
14.01.2020
Retained Earnings (Reserves & Surplus) at the end of
the year
Rs. 29,964.34 as on 31.03.2020 (FY 2019-20)
Rs. 8,05,764.52 as on 31.03.2021 (FY 2020-21)
Rs.1,10,04,532.76 as on 31.03.2021 (FY 2021-22)
Cash & Cash equivalents 31st
March 2022 is
30,92,269.58 Lacs
Unit has intimated that they will apply for IEC after LOA
is received.
File No.S-SEZ-PRO0QBXP/3/2023-JDCP
2
Whether manufacturer /
trader/ company
warehouse/
Service provider
II. PROJECT PROFILE
(i)
Product to be
manufactured/
service to be
rendered
(ii) Brief detail of the
project
Service Provider
Information Technology in the nature of Software
Development, Application Development, Enhancement
in Existing Application/software, Integration, Testing
and maintenance (CPC-842),
Computer Software Services (CPC-84210)
M/s. TechOrbit Solutions Pvt. Ltd. is incorporated as a
Private Limited Company on January 14, 2020.
TechOrbit is a consulting and professional services
organization focused on supporting upper mid to large
enterprises to create and execute their Digital roadmap.
Owing to this, they have been able to successfully
provide the best application development services to
diverse clientèle in different industry verticals. They
believe that Digital is going to be the biggest enabler of
revenue to enterprises. They support their customers to
maximize value from digital and help them translate this
value in the form of innovative customer experience,
highly engaging customers, internal process efficiencies,
reduced costs and delivering your organization’s stated
objective. M/s TechOrbit is a independent Platform tool
that can be used for any source target archive
application server integrated with SAP with specific
configuration to adapt to the source and target archive
application features (e.g. data encryption) , Leverages
SAP standard function modules, Can be used to migrate
ADK files and business document attachments, In built
jobs, progress monitoring, background execution and
real time progress visualization with download
File No.S-SEZ-PRO0QBXP/3/2023-JDCP
3
PROJECTIONS, YEAR-
WISE
Investment and Details of
Source of Finance
Imported and Indigenous
requirement of Materials
and other outputs
capability, Compatible with S/4 HANA system
Considering future growth prospectus and growing
business demand and ease of operations, they intend to
set up a SEZ unit in Qubix Business Park Pvt. Ltd. SEZ
over an area of 4960.00 sq. ft at At Ground Floor,
Building No. IT 5, Qubix Business Park Pvt. Ltd.-SEZ,
Plot No. 2.
They proposed to invest an amount of Rs. 211.00 Lakhs
for the proposed project and has projected export
revenue of Rs. 2900.00 Lakhs with an Foreign Exchange
Outgo of Rs. 191.42 Lakhs and Net Foreign Exchange of
Rs. 2708.58 Lakhs with an employment of 80 employees
(50 Males, 30 Females) in the block period of 5 years.
S. No. Plant & Machinery Rs. In Lakhs (a) Indigenous 164.58 Imported ( CIF Value) 46.42 Total 211.00 Total Project Cost(plant & machinery including IT equipment) 211.00 (b) Details of Source(s) of finance From existing Reserves and Surplus Internal accruals over next 5 years 104.40 106.60 Total 211.00
(Rs. In Lakhs)
Import Indigenous File No.S-SEZ-PRO0QBXP/3/2023-JDCP
4 Requirement of Land/ built-up area (Area in Sq. Mtrs.) Total Employment Foreign Exchange Balance Sheet Effluent Treatment Whether Foreign Technology Agreement is Envisaged Rule provision w.r.t. SEZ Rules, 2006 (a) Capital Goods 46.42 164.58 (b) Raw Material, components, consumables, packing material, fuel etc. 0 0 (c) Input Services 145.00 722.85 Total 191.42 887.43 i. Registered Factory & Office 0.00 ii. Warehousing/ Storage 0.00 iii. Others, Specify 0.00 Built-up area required – 460.79 sq.mtr. (4,960 sq.ft.) Total- 80 Employees (Male-50 & Females- 30) 1st Year 2nd Year 3rd Year 4th Year 5th Year Total Rs. In Lakhs FOB Value of Exports 300.00 500.00 600.00 700.00 800.0 0 2900.0 0 Foreign Exchang e Outgo for the first five years 35.88 45.74 30.30 38.30 41.20 191.42 Net Foreign Exchang e Earning 264.12 454.26 569.70 661.70 758.8 0 2708.5 8 Not applicable. No. Rule 17 & 18 of SEZ Rules, 2006 File No.S-SEZ-PRO0QBXP/3/2023-JDCP
5
Request of the company
Decision required for UAC
Observation of the ADC
To grant confirmation to setup a new unit at Qubix
Business Park Pvt. Ltd.-SEZ
Approval for setting up of new unit at Qubix Business
Park Pvt. Ltd.-SEZ
The said proposal is submitted before the UAC for
consideration.
File No.S-SEZ-PRO0QBXP/3/2023-JDCP
1 GOVT.OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ – SEZ (PUNE CLUSTER),
AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE
a) Proposal:
Application submitted by M/s. Qubix Business Park Pvt. Ltd,(SEZ
Developer), for approval of list of material required for regular maintenance
of all SEZ buildings located at Phase-I, Hinjewadi, Pune-411057
b) Specific Issue on which decision of Approval Committee is required: Approval
of enclosed list of material required for authorized operations in terms of
Rule 12(2) of SEZ Rules, 2006
c)
Relevant Provisions:
(i)
As per Rule 12 (2) of SEZ Rules, 2006 “The Developer shall make
an application, after obtaining approval for the authorized
operation under rule 9, to the Development Commissioner, along
with the list of goods and services, including machinery,
equipment and construction material required for the
authorized operations, duly certified by a Chartered Engineer
for approval by the Approval Committee”.
d) Other Information:
Formal Letter of Approval No. F.2/274/2006-EPZ Dated 23.08.2006
The developer has submitted list of material, duly certified by the Chartered
Engineer M. L. Kendre & Associates, Reg. No. M-117207/1 dt. 08.07.1999.
The total value of the list of material is Rs.1,88,54,596.50/- (One Crore
Eighty-Eight Lakh Fifty-Four Thousand Five Hundred Ninety-Six and Fifty
paisa only).
The Developer has submitted that;
a) They need the list of goods for repair, upgradation and maintenance work
of their existing developed SEZ area.
b) They have invested Rs.391.33 Crores and they have bond balance of Rs.
215.84 Crores as on 30.04.2023. The current LOM will consume Rs.1.88
Crores of bond and post LOM their bond balance will be Rs.213.962
Crores.
The Developer has submitted undertaking that the said list of material
valued of Rs. 1,88,54,596.50/-(Rs.1.88 Crores) will be used only for
authorized operation of the SEZ. And will be utilized within time limit
specified in SEZ Act 2005 and Rules 2006 made thereunder.
The Developer has submitted the following documents with the application:
(i) CE Certificate dated 31.05.2023
(ii) List of Material
(iii)Undertaking dated 31.05.2023
The Specified Officer vide his verification report dated 19/06/2023 has
submitted that:
File No.S-SEZ-PRO0QBXP/11/2022-JDCP
I/2228/2023
283
2 i. The value of Indigenous procurement is Rs.1,88,54,596.50/- The same has also been certified by the CE i.e. M. L. Kendre& Associates, reg. no. M-117207/1 dated 08.07.1999. vide his letter dated 31.05.2023
ii. The list of material, certified by the registered CE, has been examined and it has been ascertained that the material mentioned therein is required by the Developer in connection with the regular maintenance. The value thereof is covered by the bond executed by them (the bond balance is Rs. 215.84 Crore) hence, the same may be considered for approval. (e) ADC’s observations: Approval Committee may like to consider the proposal of the Developer for approval of list of material totally valued at Rs 1,88,54,596.50/-(Rs.1.88 Crores), in terms of Rule 12(2) of SEZ Rules 2006. ****************** File No.S-SEZ-PRO0QBXP/11/2022-JDCP I/2228/2023 284
GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ – SEZ (PUNE CLUSTER)
AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE
a) Proposal: Monitoring of the performance of M/s. Ncircle Tech Pvt. Ltd., an IT/ITES unit located in Qubix Business Park Pvt. Ltd. RGIP, Pune, for one block periods i.e. FY 2018-19 to 2022-23. b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for one block period for 5 years i.e. FY 2018-19 to 2022-23 in terms of Rule 54 of SEZ Rules, 2006 The details of the export projections for 1st block period, is as detailed below: (I) Performance as compared to projections for 5 years of 1st Block period FY 2018-19 to FY 2022-23 (i) Approved Projections ( Rs. In Lakhs) 2018-19 As per APR 2019-20 Revised 2020-21 Revised 2021-22 Revised 2022-23 Revised TOTAL FOB Value of Exports 920.38 1600.00 1650.00 1750.00 1790.00 7710.38 FE Outgo 0.00 50.48 65.58 71.38 53.94 241.38 NFE 920.38 1549.52 1584.42 1678.62 1736.06 7469.00 (i) Performance as compared to projections: (Rs. In Lacs) Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services) C.G. import Other outflow Projecte d Actual Projecte d Actual Actual 2018- 19 920.38 920.38 0 0.00 47.88 0.00 0.00 2019- 20 1600.00 410.96 0.00 0.00 13.95 2020- 21 1650.00 134.28 0.00 0.00 0.00 2021- 22 1750.00 166.26 0.00 0.00 0.00 2022- 23 1790.00 93.96 0.00 0.00 0.00 Total 7710.38 1725.84 0.00 0.00 47.88 0.00 13.95 (ii) Cumulative NFE achieved: FY 2018-19 to FY 2022-23 (Rs. in Lacs) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2018-19 920.38 100.00 2019-20 1317.36 98.95 2020-21 1451.64 99.05 2021-22 1617.90 99.15 2022-23 1711.86 99.19 File No.S-SEZ-MONT0QBXP/88/2023-JDCP I/2229/2023 6
(iii) Employment Achievement (Direct): FY 2022-23
The Unit has achieved employment of 02 employees (Men-01, Women-01) Up to 5th years i.e. FY 2022-23 of the 1st block period. (d) Relevant provisions: 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”
(e) Other Information:
LOA No. & Date
SEEPZ/QBPPL-SEZ/ NCTPL/ 64/
2017-18 Dated 13.02.2018
Location of Unit
Unit No.01,Office No. 3,4th Floor,IT-7
Building, Qubix Business Park Pvt.
Ltd., SEZ, Rajiv Gandhi Infotech Park,
Phase-I, Pune Hinjewadi 411 057
Validity of LOA
13.05.2023
Item(s) of manufacture/ Services
IT/ITES
Date of commencement of production
14.05.2018
Execution of BLUT
19.03.2018
Outstanding Rent dues
NA
Labour Dues
NA
Validity of Lease Agreement
Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA No. of employees as on 31.03.2023 02 (Male:01, Female:01) Area allotted (in sq.ft.) 2,000 Sq. Ft. Area available for each employee per sq.ft. basis (area / no. of employees) 1000.00 Sq. Ft. File No.S-SEZ-MONT0QBXP/88/2023-JDCP I/2229/2023 7
Investment till date
Building
NA
Plant & Machinery
NA
Quantity and value of goods exported
under Rule 34
(unutilized goods)
NA
Value 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.
Yes
The Specified Officer vide his report dated 21.06.2023 has reported that
SEZ Unit has submitted the following
A. Details of year-wise export as per the prescribed format:
From the year 2018-19 to 2022-23
(Rs. In Lakhs)
Year/Peri
od
Figures as
per APR (In
Lakh)
Figures as per
Softex/SB /
Customs
Records (In
Lakhs)
Difference
if any
(In Lakhs)
Reason for
Difference/Remark
(1)
(2)
(3)
(4)
(5)
2018-19
920.38
928.41
8.03
Difference is on
account of exchange
rate variation.
2019-20
410.93
409.91
-1.02
Difference is on
account of exchange
rate variation.
2020-21
134.28
134.72
0.44
Difference is on
account of exchange
rate variation.
2021-22
166.26
165.90
-0.36
Difference is on
account of exchange
rate variation.
2022-23
93.96
95.27
1.31
Difference is on
account of exchange
rate variation.
File No.S-SEZ-MONT0QBXP/88/2023-JDCP
I/2229/2023
8
B. Import
(i)
(Capital Goods including procurement done on IUT (from SEZ, EOU,
STPI, EHTP) basis.
(Rs. In Lakhs)
Year/Period
Figures as
per APR (In
Lakhs)
Figures as per
Customs
Records / Bond
Register (In
Lakhs)
Difference
if any
Reason for
Difference/Remark
2018-19
0
0
0
NA
2019-20
0
0
0
NA
2020-21
0
0
0
NA
2021-22
0
0
0
NA
2022-23
0
0
0
NA
(ii)
Import of Raw material
(Rs. In Lakhs)
Year/Period
Figures as
per APR
(RM
Imported)
Figures as per
Customs
Records / Bond
Register
Difference
if any
Reason for
Difference/Remark
2018-19
0
0
0
0
2019-20
0
0
0
0
2020-21
0
0
0
0
2021-22
0
0
0
0
2022-23
0
0
0
0
C. BLUT
1
Value of BLUT Executed (Duty
foregone) (including for CG / Raw
Material / Services)
Value of Additional BLUT executed
TOTAL value of BLUT Executed :
BLUT No. SEEPZ/QBPPL-
SEZ/NCTPL/64/2017-18 dated
20/03/16
BLUT Amount Rs. 23.99 Lakhs
BLUT No. SEEPZ/QBPPL-
SEZ/NCTPL/64/2017-18 dated
17.12.19
BLUT Amount Rs. 433.93 Lakhs
Total BLUT Rs. 457.93 Lakhs
2
Total Duty Foregone on goods &
services procured
Year- Goods Services File No.S-SEZ-MONT0QBXP/88/2023-JDCP I/2229/2023 9
Category Wise: Year Wise:. wise Imported & indigenous Imported and Indigenous 2018-19 4.14 35.13 2019-20 0.42 17.45 2020-21 0.08 5.76 2021-22 0.11 8.03 2022-23 0.13 10.08 Total 4.88 76.45 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted. Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT No. (a) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men -1 Women-1 Total 2 (b) Details of pending Foreign Remittance beyond Permissible period, if any (As on 31/03/23) To cross-check the same and verify
whether
necessary
permission from AD Bank / RBI
has been obtained.
No Foreign Remittance is pending
beyond prescribed period.
(c )
Whether all softex has been filed
for the said period. If no, details
thereof.
SO to also check whether unit has
obtained Softex condonation from
DC office / RBI and if approved,
whether they have filed such
pending Softex.
No Softex is pending for filing.
(d)
Whether all Softex has been
certified, if so till which month has
the same been certified. If not,
provide details of the Softex and
All the Softex till March, 23 have been
certified.
File No.S-SEZ-MONT0QBXP/88/2023-JDCP
I/2229/2023
10
reasons for pendency. (e) Whether unit has filed any request for Cancellation of Softex No. (f) 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) No. (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. As per Office Order No. 02/2023 dated 16.03.23, uploading of BLUT online is kept in abeyance. (h) Has the unit cleared any Capital Goods procured duty free in DTA against payment of Duty, or otherwise. Full details to be provided along with value of assets and duty discharged No. (i) 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. No (j) 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. They have filed DSPF upto March 23. (k) 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. They have filed all DTA procurement online. File No.S-SEZ-MONT0QBXP/88/2023-JDCP I/2229/2023 11
(l)
Details of the request IDs pending
for OOC in respect of DTA
procurement on the date of
submission of monitoring report
No
(m)
Has
the unit set up any
cafeteria / canteen / food court in
unit premises.
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
paid goods / services for setting
up such facility ?
If yes,
whether unit has
discharged such duty / tax benefit
availed ? details to be given
including amount of duty / tax
recovered or yet to be recovered
No
(n)
Whether any violation of any of
the provisions of law has been
noticed / observed by the
Specified Officer during the period
under monitoring.
No.
***The unit has 39 nos. of staff in the year 2018-19 which was reduced to 02 nos.
during the year 2022-23. Gradual decrease in numbers of export invoices as well as
export value have also been noticed.
(C)
ADC’s observations:
The Unit has achieved export revenue of Rs. 1725.84 Lacs as against
projected export of Rs. 7710.38 Lacs for FY 2018-19 to 2022-23 of 1st Block
period of 5 years (i.e. 2018-19 to 2022-23) i.e. 22.38%.
The unit has achieved positive NFE of Rs.1711.66 in last year 2022-23 on
cumulative basis. i.e. 99.19%
As per SO report the unit has 39 nos. of staff in the year 2018-19 which was
reduced to 02 nos. during the year 2022-23
monitoring of 5 years i.e. FY 2018-19 to 2022-23 of 1st Block period (i.e.
2018-19 to 2022-23), in terms of Rule 54 of SEZ Rules, 2006.
File No.S-SEZ-MONT0QBXP/88/2023-JDCP
I/2229/2023
12
GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ – SEZ (PUNE CLUSTER)
AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE
a) Proposal: Monitoring of the performance of M/s. Ncircle Tech Pvt. Ltd.,Unit-2 an IT/ITES unit located in Qubix Business Park Pvt. Ltd. RGIP, Pune, for one block periods i.e. FY 2018-19 to 2022-23. b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for one block period for 5 years i.e. FY 2018-19 to 2022-23 in terms of Rule 54 of SEZ Rules, 2006 The details of the export projections for 1st block period, is as detailed below: (I) Performance as compared to projections for 5 years of 1st Block period FY 2018-19 to FY 2022-23 (i) Approved Projections ( Rs. In Lakhs) 2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL FOB Value of Exports 620.93 1241.86 1862.78 2483.71 3311.62 9520.90 FE Outgo 55.18 36.90 52.42 73.79 96.44 314.73 NFE 565.75 1204.96 1810.36 2409.92 3215.18 9206.17 (i) Performance as compared to projections: (Rs. In Lacs) Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services) C.G. import Other outflow Projecte d Actual Projecte d Actual Actual 2018- 19 620.93 441.45 0 0.00 76.70 0.00 0.00 2019- 20 1241.86 1179.89 0.00 0.00 27.20 2020- 21 1862.78 1663.55 0.00 0.00 0.00 2021- 22 2483.71 1901.97 0.00 0.00 0.00 2022- 23 3311.62 2635.68 0.00 0.94 0.00 Total 9520.90 7822.72 0.00 0.00 76.70 0.94 27.20 (ii) Cumulative NFE achieved: FY 2018-19 to FY 2022-23 (Rs. in Lacs)
Year Cumulative NFE Achieved Cumulative % NFE Achieved 2018-19 441.45 100.00 2019-20 1594.14 98.32 2020-21 3257.69 99.17 2021-22 5159.66 99.48 2022-23 7795.25 99.65 File No.S-SEZ-MONT0QBXP/89/2023-JDCP
(iii) Employment Achievement (Direct): FY 2022-23
The Unit has achieved employment of 166 employees (Men-120, Women-46) Up to 5th years i.e. FY 2022-23 of the 1st block period. (d) Relevant provisions: 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”
(e) Other Information:
LOA No. & Date
SEEPZ/QBPPL-SEZ/ NCTPL/ 65/
2017-18 Dated 13.02.2018
Location of Unit
Unit No.02,Office No. 3,3rd & 4th
Floor,IT-7 Building, Qubix Business
Park Pvt. Ltd., SEZ, Rajiv Gandhi
Infotech
Park,
Phase-I,
Pune Hinjewadi 411 057 Validity of LOA 13.05.2023 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 14.05.2018 Execution of BLUT 19.03.2018 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement
Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA No. of employees as on 31.03.2023 166 (Male:120, Female:46) Area allotted (in sq.ft.) 9,390 Sq. Ft. Area available for each employee per sq.ft. basis (area / no. of employees) 56.56 Sq. Ft. File No.S-SEZ-MONT0QBXP/89/2023-JDCP
Investment till date
Building
NA
Plant & Machinery
NA
Quantity and value of goods exported
under Rule 34
(unutilized goods)
NA
Value 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.
Yes
The Specified Officer vide his report dated 21.06.2023 has reported that
SEZ Unit has submitted the following
A. Details of year-wise export as per the prescribed format:
From the year 2018-19 to 2022-23
(Rs. In Lakhs)
(Rs. In Lakhs)
Year/Peri
od
Figures as
per APR (In
Lakh)
Figures as per
Softex/SB /
Customs
Records (In
Lakhs)
Difference if
any
(In Lakhs)
Reason for
Difference/Remar
k
(1)
(2)
(3)
(4)
(5)
2018-19
441.45
442.35
(-)0.90
Difference is on
account of
exchange rate
variation.
2019-20
1179.89
1139.54
40.35
Difference is on
account of
exchange rate
variation.
2020-21
1663.55
1163.82
(-)0.27
Difference is on
account of
exchange rate
variation.
2021-22
1901.97
1922.10
(-)20.13
Difference is on
account of
exchange rate
variation.
2022-23
2635.68
2657.34
(-)21.66
Difference is on
account of
exchange rate
variation.
File No.S-SEZ-MONT0QBXP/89/2023-JDCP
(a) Import
(i)
(Capital Goods including procurement done on IUT (from SEZ, EOU,
STPI, EHTP) basis.
(Rs. In Lakhs)
Year/Period
Figures as
per APR (In
Lakhs)
Figures as per
Customs
Records / Bond
Register (In
Lakhs)
Difference
if any
Reason for
Difference/Remark
2018-19
0
0
0
NA
2019-20
0
0
0
NA
2020-21
0
0
0
NA
2021-22
0
0
0
NA
2022-23
0.94
0.94
0
NA
(ii)
Import of Raw material
(Rs. In Lakhs)
Year/Period
Figures as
per APR
(RM
Imported)
Figures as per
Customs
Records / Bond
Register
Difference
if any
Reason for
Difference/Remark
2018-19
0
0
0
0
2019-20
0
0
0
0
2020-21
0
0
0
0
2021-22
0
0
0
0
2022-23
0
0
0
0
(b) BLUT
1
Value of BLUT Executed (Duty
foregone) (including for CG / Raw
Material / Services)
Value of Additional BLUT executed
TOTAL value of BLUT Executed :
BLUT No. SEEPZ/QBPPL-
SEZ/NCTPL/65/2017-18 dated
20/03/18
BLUT Amount Rs. 43.11 Lakhs
BLUT No. SEEPZ/QBPPL-
SEZ/NCTPL/65/2017-18 dated
19/09/22
BLUT Amount Rs. 392.89 Lakhs
Total BLUT Rs. 436.00 Lakhs
2
Total Duty Foregone on goods &
services procured
Year- Goods Services File No.S-SEZ-MONT0QBXP/89/2023-JDCP
Category Wise: Year Wise:. wise Imported & indigenous Imported and Indigenous 2018-19 10.87 48.16 2019-20 1.29 59.99 2020-21 2.01 38.33 2021-22 7.44 54.83 2022-23 9.57 35.18 Total 31.18 236.49 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted. Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT No. (a) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men -120 Women-46 Total 166 (b) Details of pending Foreign Remittance beyond Permissible period, if any (As on 31/03/23) To cross-check the same and verify
whether
necessary
permission from AD Bank / RBI
has been obtained.
No Foreign Remittance is pending
beyond prescribed period.
(c )
Whether all softex has been filed
for the said period. If no, details
thereof.
SO to also check whether unit has
obtained Softex condonation from
DC office / RBI and if approved,
whether they have filed such
pending Softex.
No Softex is pending for filing.
(d)
Whether all Softex has been
certified, if so till which month has
the same been certified. If not,
provide details of the Softex and
All the Softex till February, 23 have
been certified. Softex for March 23
has not been certified since the Gist of
Contract was not mapped. Deficiency
File No.S-SEZ-MONT0QBXP/89/2023-JDCP
reasons for pendency. note issued. (e) Whether unit has filed any request for Cancellation of Softex No. (f) 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) No. (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. As per Office Order No. 02/2023 dated 16.03.23, uploading of BLUT online is kept in abeyance. (h) Has the unit cleared any Capital Goods procured duty free in DTA against payment of Duty, or otherwise. Full details to be provided along with value of assets and duty discharged
No. (i) 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. No (j) 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. They have filed DSPF upto March 23. (k) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant Yes. They have filed all DTA procurement online. File No.S-SEZ-MONT0QBXP/89/2023-JDCP
period. If no, details thereof
(l)
Details of the request IDs pending
for OOC in respect of DTA
procurement on the date of
submission of monitoring report
No
(m)
Has
the unit set up any
cafeteria / canteen / food court in
unit premises.
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
paid goods / services for setting
up such facility ?
If yes, whether unit has
discharged such duty / tax benefit
availed? details to be given
including amount of duty / tax
recovered or yet to be recovered
The SEZ unit has dry pantry with no
live cooking. On scrutiny of
documents it observed that they had
availed duty/tax benefit towards
interior work (including furniture)
undertaken for entire office including
cafeteria. The proportionate duty/tax
liability in respect of cafeteria is
ascertained as Rs. 57,459/-. The Unit
vide letter dated 20/06/23 has
undertaken that they are paying the
duty/tax liability along with interest
Rs.
47,066/-
(Calculated
till 30/06/23). (n) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring. No. (C) ADC’s observations: The Unit has achieved export revenue of Rs. 7822.72 Lacs as against projected export of Rs. 9520.90 Lacs for FY 2018-19 to 2022-23 of 1st Block period of 5 years (i.e. 2018-19 to 2022-23) i.e. 82.16%. The unit has achieved positive NFE of Rs.7795.25 Lakhs in last year 2022- 23 on cumulative basis. i.e. 99.65% Monitoring of 5 years i.e. FY 2018-19 to 2022-23 of 1st Block period (i.e. 2018-19 to 2022-23), in terms of Rule 54 of SEZ Rules, 2006. File No.S-SEZ-MONT0QBXP/89/2023-JDCP
1 GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ – SEZ (PUNE CLUSTER)
AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE
a) Proposal: Monitoring of the performance of M/s. VJ Coresoft Pvt Ltd.. an IT/ITES unit located in Qubix Business Park Pvt Ltd-SEZ, Pune, for the period from FY 2017-18 to FY 2021-22 of 2nd Block period. b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the for the period from FY 2017-18 to FY 2021-22 of 2nd Block period, in terms of Rule 54 of SEZ Rules, 2006. c) Relevant provisions: - As per 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”. I. Approved export Projections for 2nd Block Period: (Rs. in Lacs)
2017-18 2018-19 2019-20 2020-21 2021-22 Total FOB Export 1000.00 1250.00 1450.00 1750.00 2100.00 7550.00 FE Outgo 7.00 8.00 10.00 12.00 15.00 52.00 NFE 993.00 1242.00 1440.00 1738.00 2085.00 7498.00 (A) Performance as compared to projections: (Rs. In Lacs) Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services ) C.G. import Other outflow Projecte d Actua l Projecte d Actual Actual 2017- 18 1000.00 601.17 0.00 0.00 52.00 0.00 0.00 2018- 19 1250.00 599.02 0.00 0.00 0.00 2019- 20 1450.00 291.59 0.00 0.00 0.00 2020- 21 1750.00 259.49 0.00 0.00 0.00 2021- 22 2100.00 328.83 0.00 0.00 0.00 Total 7550.00 2080.10 0.00 0.00 52.00 0.00 0.00 (B) Cumulative NFE Achieved (Rs. In Lakhs) Year Cumulative NFE achieved Cumulative NFE in % 2017-18 601.17 100% 2018-19 1200.19 100% File No.S-SEZ-MONT0QBXP/33/2022-JDCP
2
2019-20
1491.78
100%
2020-21
1751.27
100%
2021-22
2080.10
100%
(C) Other Information:
LOA No. & Date
SEEPZ-SEZ/FIPL-
SEZ/VJCPL/27/2011-12/8925 dated
27.06.2012
Location of Unit
Ground Floor, IT-6 Building, Qubix
Business Park Pvt. Ltd., Rajiv Gandhi
Infotech Park, Hinjewadi, Phase I,
Pune-411057
Validity of LOA
11.11.2027
Item(s) of manufacture/ Services
IT/ITES
Date of commencement of production
12.11.2012
Execution of BLUT
Outstanding Rent dues
NA
Labour Dues
NA
Validity of Lease Agreement
Pending CRA Objection, if any
NA
Pending Show Cause Notice/ Eviction
Order/Recovery Notice/ Recovery Order
issued, if any
NA
a) No. of employees as on FY 2021-
22
34 employees (Men-29, women-5)
Area allotted (in sq.ft.)
7696.20 Sq.ft. (715 Sq.Mtr)
Area available for each employee per
sq.ft. basis (area / no. of employees)
226.35 sq.ft.
Investment till date
Building
NA
Plant & Machinery
NA
Quantity and value of goods exported
under Rule 34
(unutilized goods)
NA
Value 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.
Yes
The Specified Officer vide letter dated 19.06.2023 has reported as under:
(a) Export
(Rs. In Lakhs)
Year/Peri
od
Figures as
per APR (In
Lakh)
Figures as per
Softex/SB /
Customs
Difference if
any
(In Lakhs)
Reason for
Difference/Remar
k
3
Records (In
Lakhs)
(1)
(2)
(3)
(4)
(5)
2017-18
601.17
479.43
121.74
Softex has not
been filed by the
Unit for 29
invoices for Rs.
155.60 Lakhs
Difference on
account of
exchange rate is
Rs. 33.86 lakhs
2018-19
599.02
637.47
(-) 38.35
Difference on
account of
exchange rate is
Rs. (-)38.35 lakhs
2019-20
291.59
321.13
(-)29.54
Difference on
account of
exchange rate is
Rs. (-)29.54lakhs
2020-21
259.49
193.61
65.88
Difference on
account of
exchange rate is
Rs. 1.67 lakhs.
Softex has not
been filed for 21
invoices for value
of Rs. 67.55 lakh
2021-22
328.83
326.83
2.00
Difference on
account of
exchange rate is
Rs. 0.18 lakhs.
Softex has not
been filed for 01
invoice for value
of Rs. 2.18 lakh
(b) Import
(i)
(Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP)
basis.
(Rs. In Lakhs)
Year/Period
Figures as
per APR (In
Lakhs)
Figures as per
Customs
Records / Bond
Register (In
Lakhs)
Difference
if any
Reason for
Difference/Remark
2017-18
0
0
0
NA
2018-19
0
0
0
NA
2019-20
0
0
0
NA
2020-21
0
0
0
NA
2021-22
0
0
0
NA
4
(ii)
Import of Raw material
(Rs. In Lakhs)
Year/Period
Figures as
per APR
(RM
Imported)
Figures as per
Customs
Records / Bond
Register
Difference
if any
Reason for
Difference/Remark
2017-18
0
0
0
0
2018-19
0
0
0
0
2019-20
0
0
0
0
2020-21
0
0
0
0
2021-22
0
0
0
0
(c) BLUT
1
Value of BLUT Executed (Duty
foregone) (including for CG / Raw
Material / Services)
Value of Additional BLUT executed
TOTAL value of BLUT Executed :
BLUT F. No. SEEPZ-SEZ/FIPL-
SEZ/VJCPL/27/2011-12 dated
13/09/2012.
BLUT Amount Rs. 21.42 Lakh.
BLUT F. No. SEEPZ-SEZ/FIPL-
SEZ/VJCPL/27/2011-12 dated
10/08/20.
BLUT Amount Rs. 73.10 Lakhs.
TOTAL BLUT :- Rs. 94.53 Lakhs
2
Total Duty Foregone on goods &
services procured
Category Wise:
Year Wise:.
Year- wise Goods Imported & indigenous Services Imported and Indigenous 2017- 18 0 10.24 2018- 19 0 20.89 2019- 20 0 21.10 2020- 21 0 20.73 2021- 22 0 30.55 Total 0 103.51 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil
5 balance in BLUT (a) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men -29 Women-5 Total 34 (b) Details of pending Foreign Remittance beyond Permissible period, if any (As on 31/03/22) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No Foreign Remittance is pending beyond prescribed period. (c ) Whether all softex has been filed for the said period. If no, details thereof. SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. Yes.
- No Softex has been filed for Rs.
- 60 lakhs for the year 2017-18. No condonation letter has been filed.
- No Softex has been filed for Rs. 67.55 lakhs for the year 2020-21. No condonation letter has been filed.
- No Softex has been filed for Rs. 2.18 lakhs for the year 2021-22. No condonation letter has been filed. (d) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. Softex No. 142100029864 for Dec. 2020 pending for certification. Softex ID yet to be assigned to the New Officer for verification. (e) Whether unit has filed any request for Cancellation of Softex No. (f) 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) Yes. Details as under; Year To SEZ To STPI 2017- 18 72,38,100 10,24,788 2018- 19 42,90,100 -- 2019- 20 125,97,47 5 -- 2020- 21 62,77,428 -- 2021- 22 51,86,,731 -- Total 355,89,83 4 10,24,788 (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. As per Office Order No. 02/2023 dated 16.03.23 , uploading of BLUT online is kept in abeyance. (h) Has the unit cleared any Capital Goods procured duty free in DTA against payment of Duty, or otherwise. Full details to be provided along with value of assets and duty Details of goods (E-Waste) cleared in DTA is as under; (In Lakhs) Year Value Duty 2017-18 0 0 2018-19 0 0 2019-20 0 0
6 discharged
2020-21 0 0 2021-22 0 0 Total 0 0 (i) 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. No (j) 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.
Though the unit has procured
Services of Rs. 103 lakh however
they have not filed any DSPF.
(k)
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
NA . As there is no procurement of
goods under claim of exemption.
(l)
Details of the request IDs pending
for OOC in respect of DTA
procurement on the date of
submission of monitoring report
No
(m)
Has the unit set up any cafeteria /
canteen / food court in unit
premises.
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
paid goods / services for setting up
such facility ?
If yes,
whether unit has
discharged such duty / tax benefit
availed ? details to be given
including amount of duty / tax
recovered or yet to be recovered
No
(n)
Whether any violation of any of the
provisions of law has been
noticed / observed by the Specified
Officer during the period under
monitoring.
Yes. The unit has supplied Services
in Indian rupees to the SEZ and STPI
unit. Detail at (f) above.
7 ADC’s observations: The unit has achieved export of Rs. 2080.10 lakhs against the Projected export of Rs. 7550.00 lakhs in the period of FY 2017-18 to 2021-22 of 2nd Block period i.e., 27.55% The unit has achieved NFE of Rs. 2080.10 lakhs i.e, 100% on cumulative basis in the 2nd Block period. As per the SO Report the unit has achieved employment of 34 employees (Men-29, women-5) in FY 2021-22. Further, the specified Officer in his report has submitted that, the unit has provided services in SEZ and STPI against the payments received in INR as detailed below: Year To SEZ To STPI 2017-18 72,38,100 10,24,788 2018-19 42,90,100
2019-20 125,97,475
2020-21 62,77,428
2021-22 51,86,,731
Total 3,55,89,834 10,24,788 As per Section 2(z) of SEZ Act, 2005, the definition of Services is given as below : “Services means such tradable services which, - (i) Are covered under the General Agreement on Trade in Services annexed as IB to the Agreement establishing the World Trade Organisation concluded at Martrakesh on the 15th day of April 1994 ; (ii) May be prescribed by the Central Government for the purpose of this Act ; and (iii) Earn foreign exchange ; As the unit has been granted LOA for providing IT/ITES Services from their SEZ Unit, and since the services provided by them to DTA against INR does not classify as a ‘Service’ as per definition as given in Section 2(z) of SEZ Act, 2005, the unit has violated the provisions of the SEZ Acts / Rules. As per Rule 54(2) of SEZ Rules, 2006 “(2) In Case the Approval Committee comes to the conclusion that a Unit has not achieved positive Net Foreign Exchange Earning, or stipulated Value Addition as specified in rule 53 or failed to abide by any of the term and conditions of the Letter of Approval or Bond-cum- Legal Undertaking, without prejudice to the action that may be taken under any other law for the time being in force, the said Unit shall be liable for penal action under the provisions of the Foreign Trade Development and Regulation) Act, 1992.”
8 Approval committee may like to take initial action against the unit for violation of the SEZ Act and Rules, 2006 Approval Committee may like to monitor the performance of the Unit for the period from 2017-18 to 2021-22 i.e., 2nd block period, in terms of Rule 54 of SEZ Rules, 2006.
GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ – SEZ (PUNE CLUSTER)
AGENDA NOTE FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE
a) Proposal: Monitoring of the performance of M/s. PharmaACE Innovations LLP, an IT/ITES unit located in Qubix Business Park Pvt. Ltd. RGIP, Pune, for one block periods i.e. FY 2018-19 to 2022-23. b) Specific Issue on which decision of UAC is required: Monitoring of the performance of the unit for one block period for 5 years i.e. FY 2018-19 to 2022-23 in terms of Rule 54 of SEZ Rules, 2006 The details of the export projections for 1st block period, is as detailed below: (I) Performance as compared to projections for 5 years of 1st Block period FY 2018-19 to FY 2022-23 (i) Approved Projections ( Rs. In Lakhs) 2018-19 (As per APR) 2019-20 (As per APR) 2020-21 (As per APR) 2021-22 (As per APR) 2022-23 Revised TOTAL FOB Value of Exports 2091.64 2985.95 3754.34 6460.64 7000.00 22292.5 7 FE Outgo 0.00 0.00 0.00 0.00 70.00 70.00 NFE 2091.64 2985.95 3754.34 6460.64 6930.00 22222.5 7 (i) Performance as compared to projections: (Rs. In Lacs) Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services) C.G. import Other outflow Projecte d Actual Projecte d Actual Actual 2018- 19 2091.64 2091.64 0 0.00 50.00 0.00 0.00 2019- 20 2985.95 2985.95 0.00 0.00 0.00 2020- 21 3754.34 3754.34 0.00 0.00 0.00 2021- 22 6460.64 6460.64 0.00 0.00 0.00 2022- 23 7000.00 9259.8 2 0.00 0.62 0.00 File No.S-SEZ-MONT0QBXP/86/2023-JDCP
Total 22292.5 7 24553.3 9 0.00 0.00 50.00 0.62 0.00 (ii) Cumulative NFE achieved: FY 2018-19 to FY 2022-23 (Rs. in Lacs)
(iii) Employment Achievement (Direct): FY 2022-23
The Unit has achieved employment of 135 employees (Men-88, Women-47) Up to 5th years i.e. FY 2022-23 of the 1st block period. (d) Relevant provisions: 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”
(e) Other Information:
LOA No. & Date
SEEPZ/-SEZ/NEWSEZ/QBP-
PILLP/352/2017-18/05774
Dated 06.03.2018 Location of Unit Ground Floor,IT 5 Building,10th Floor Unit 2,IT 9 Building, Qubix Business Park Pvt. Ltd., SEZ, Rajiv Gandhi Infotech
Park,
Phase-I,
Pune Hinjewadi 411 057 Validity of LOA 31.05.2023 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 01.06.2018 Execution of BLUT 22.05.2023 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement
Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Year Cumulative NFE Achieved Cumulative % NFE Achieved 2018-19 2091.64 100.00 2019-20 5076.99 100.00 2020-21 8831.33 100.00 2021-22 15291.97 100.00 2022-23 24551.73 100.00 File No.S-SEZ-MONT0QBXP/86/2023-JDCP
No. of employees as on 31.03.2023
135 (Male:88, Female:47)
Area allotted (in sq.ft.)
13,227 Sq. Ft.
Area available for each employee per
sq.ft. basis (area / no. of employees)
97.97 Sq. Ft.
Investment till date
Building
NA
Plant & Machinery
NA
Quantity and value of goods exported
under Rule 34
(unutilized goods)
NA
Value 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.
Yes
The Specified Officer vide his report dated 16.06.2023 has reported that
SEZ Unit has submitted the following
(a) Details of year-wise export as per the prescribed format:
From the year 2018-19 to 2022-23
(Rs. In Lakhs)
(Rs. In Lakhs)
Year/Peri
od
Figures
as
per APR (In
Lakh)
Figures as per
Softex/SB
/
Customs
Records
(In Lakhs) Difference if any (In Lakhs) Reason
for Difference/Remar k (1) (2) (3) (4) (5) 2018-19 2091.64 2101.20 9.56 Difference is on account
of exchange
rate variation. 2019-20 2985.35 2996.66 11.31 Difference is on account
of exchange
rate variation. 2020-21 3754.34 3740.80 -13.54 Difference is on account
of exchange
rate variation. 2021-22 6460.64 6465.43 4.79 Difference is on account
of File No.S-SEZ-MONT0QBXP/86/2023-JDCP
exchange
rate variation. 2022-23 9259.82 9303.36 43.54 Difference is on account
of exchange
rate variation. (a) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Lakhs) Year/Period Figures as per APR (In Lakhs) Figures as per Customs Records / Bond Register
(In Lakhs) Difference if any Reason
for Difference/Remark 2018-19 0 0 0 NA 2019-20 0 0 0 NA 2020-21 0 0 0 NA 2021-22 0 0 0 NA 2022-23 0.62 0.62 0 NA (ii) Import of Raw material (Rs. In Lakhs) Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason
for Difference/Remark 2018-19 0 0 0 0 2019-20 0 0 0 0 2020-21 0 0 0 0 2021-22 0 0 0 0 2022-23 0 0 0 0 (b) BLUT 1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) Value of Additional BLUT executed TOTAL value of BLUT Executed : BLUT F. No. SEEPZ-SEZ/NEW SEZ/QBP-FILLP/352/2017-18 dated 06/04/18 BLUT Amount Rs. 15.77 Lakh. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:.
Year- wise Goods Imported & indigenous Services Imported and Indigenous 2018-19 5.03 15.00 2019-20 3.14 10.07 File No.S-SEZ-MONT0QBXP/86/2023-JDCP
2020-21 8.92 11.28 2021-22 7.94 10.97 2022-23 4.75 33.01 Total 29.78 80.33 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted. Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT No. (a) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men -88 Women-47 Total 135 (b) Details of pending Foreign Remittance beyond Permissible period, if any (As on 31/03/22) To cross-check the same and verify
whether
necessary
permission from AD Bank / RBI
has been obtained.
No Foreign Remittance is pending
beyond prescribed period.
(c )
Whether all softex has been filed
for the said period. If no, details
thereof.
SO to also check whether unit has
obtained Softex condonation from
DC office / RBI and if approved,
whether they have filed such
pending Softex.
No Softex is pending for filing.
(d)
Whether all Softex has been
certified, if so till which month has
the same been certified. If not,
provide details of the Softex and
reasons for pendency.
All the Softex till March, 23 have been
certified.
(e)
Whether unit has filed any request
No.
File No.S-SEZ-MONT0QBXP/86/2023-JDCP
for Cancellation of Softex (f) 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) No. (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. As per Office Order No. 02/2023 dated 16.03.23, uploading of BLUT online is kept in abeyance. (h) Has the unit cleared any Capital Goods procured duty free in DTA against payment of Duty, or otherwise. Full details to be provided along with value of assets and duty discharged
Details of goods (E-Waste) cleared in DTA is as under; (In Lakhs) Year Value Duty 2018-19 0 0 2019-20 0 0 2020-21 0 0 2021-22 0 0 2022-23 5.51 1.06 Total 5.51 1.06 (i) 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. No (j) Whether all DSPF for services procured
during
the
said monitoring
period
under consideration has been filed by the unit and whether the same They have filed DSPF upto March 22. File No.S-SEZ-MONT0QBXP/86/2023-JDCP
has been processed for approval
by the SO Office.
(k)
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. They have filed all DTA
procurement online.
(l)
Details of the request IDs pending
for OOC in respect of DTA
procurement on the date of
submission of monitoring report
No
(m)
Has
the unit set up any
cafeteria / canteen / food court in
unit premises.
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
paid goods / services for setting
up such facility ?
If yes,
whether unit has
discharged such duty / tax benefit
availed ? details to be given
including amount of duty / tax
recovered or yet to be recovered
No
(n)
Whether any violation of any of
the provisions of law has been
noticed / observed by the
Specified Officer during the period
under monitoring.
No.
(f) ADC’s observations:
The Unit has achieved export revenue of Rs. 24553.39 Lacs as against
projected export of Rs. 22292.57 Lacs for FY 2018-19 to 2022-23 of 1st
Block period of 5 years (i.e. 2018-19 to 2022-23) i.e. 110.14%.
The unit has achieved positive NFE of Rs.24551.73 in last year 2022-23 on
cumulative basis. i.e. 100%
monitoring of 5 years i.e. FY 2018-19 to 2022-23 of 1st Block period (i.e.
2018-19 to 2022-23), in terms of Rule 54 of SEZ Rules, 2006.
File No.S-SEZ-MONT0QBXP/86/2023-JDCP
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