20/09/2023 — 05-5-the-manjri-stud-farm-pvt-ltd-sez

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. MANJARI STUD FARM PVT. LTD.-SEZ.

Via Video Conferencing

DATE : 21.09.2023

TIME : 11:00 A.M.

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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 21.09.2023

INDEX

Agenda Item No.

Subject

Agenda Item No. 01 :- Confirmation of the Minutes of the meeting held on 25.07.2023 Agenda Item No. 02 :- Application for Monitoring of Performance of M/s Accenture Solutions Services Pvt Ltd.

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-1- GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ – SEZ (PUNE CLUSTER)

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AGENDA NOTE FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE

a) Proposal: Monitoring of the performance of M/s. Accenture Solutions Pvt. Ltd., an IT/ITES unit located in Manjri Stud Farms Pvt Ltd-SEZ, Pune, for two block periods i.e. 2015-16 to 2019-20 and 2020-21 to 2024-25. b) Specific Issue on which decision of UAC is required: Monitoring of the performance of the unit for two block periods (i) 5th years i.e. FY 2019-20 of 1st Block period of 5 years (i.e. 2015-16 to 2019-20) (ii) 2 years i.e. FY 2020-21 & FY 2021-22 of 2nd Block period of 5 years (i.e. 2020-21 to 2024-25) in terms of Rule 54 of SEZ Rules, 2006 The details of the export projections for 2nd block period, is as detailed below: (i) Approved Projections (Rs In Crores) 2015-16 2016-17 2017-18 2018-19 2019-20 TOTAL FOB Value of Exports 32.75 284.72 298.96 337.51 501.47 1455.41 FE Outgo 24.96 28.47 29.90 40.33 64.24 187.89 NFE 7.80 256.25 269.06 297.18 437.23 1267.52 (I) Performance as compared to projections: FY 2019-20
(Rs. In Crores) Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services ) C.G. import Other outflo w Projecte d Actua l Projecte d Actual Actua l 2019- 20 501.47 343.14 0.00 0.00 52.12 16.99 5.47 Total 501.47 343.14 0.00 0.00 52.12 16.99 5.47 (II) Cumulative NFE achieved: FY 2019-20 (Rs. in Crores) (III) Employment Achievement (Direct): FY 2015-16 to FY 2019-20 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 1104.74 97.61% File No.S-SEZ-MONT0TMSF/73/2023-JDCP I/2818/2023 26

-2- The Unit has achieved employment of 2630 employees (Men-1507 Women- 1123) in 5th years of the 1st block period. 2 nd Block period

The details of the export projections for 3rd block period, is as detailed below: (ii) Approved Projections (Rs In Crores) 2020-21 2021-22 2022-23 2023-24 2024-25 TOTAL FOB Value of Exports 349.11 349.11 349.11 349.11 349.11 1745.55 FE Outgo 24.08 23.44 22.15 21.31 21.31 112.93 NFE 325.03 325.67 326.96 327.80 327.16 1632.62. (I) Performance as compared to projections: FY 20-21 & 2021-22

                 (Rs. In Crores)   

(II) Export F.E. OUTGO Projected Actual Raw Material (Goods/Services ) C.G. import Other outflow Projecte d Actua l Projecte d Actual Actual 2020- 21 349.11 469.96 0.00 0.00 25.65 -2.04 5.21 2021- 22 349.11 1031.80 0.00 0.00 3.15 9.52 Total 698.22 1501.76 0.00 0.00 25.65 1.11 14.72 (Rs. in Crores) (A) Other Information: LOA No. & Date SEEPZ-SEZ/MSF- SEZ/ASPL/13/2014-15/14707 dated 16.12.2014 Location of Unit Ground and 1st Floor, Building 4B and C, 1st to 6th Floor, Building 5A, and 6th Floor, Building 5B, S.No. 209, Pune Saswad Road, Phursungi, Pune- 412308 Validity of LOA 08.04.2025 Item(s) of manufacture/ Services IT/ITES Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 462.22 98.35% 2021-22 1481.65 98.66% File No.S-SEZ-MONT0TMSF/73/2023-JDCP I/2818/2023 27

-3- Date of commencement of production 09.04.2015 Execution of BLUT 62.69 crores Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 15 YEARS 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 31.03.2022 6583(Male:3449, Female:3134) Area allotted (in sq. Ft.) 288698 Area available for each employee per sq. Ft. basis (area / no. of employees) 45.85 Investment till date Building 77.92 Plant & Machinery 72.50 crores 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 (III) Employment Achievement (Direct): FY 2021-22
The Unit has achieved employment of 2630 employees (Men-1507 Women- 1123) in 5th year of the 1st block.  The Specified Officer vide his report dated 16.12.2022 has reported the following: (a) Export:- (Value in Crores)

Year/ Period Figures reported in APR (FOB Value Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2019- 20 343.14 330.69 12.45 Exchange Rate Difference. Rs. 12.50 Crores Onsite Services 2020- 21 469.96 462.24 7.72 Onsite Service Export 2.35 Crores Credit Note 0.06 File No.S-SEZ-MONT0TMSF/73/2023-JDCP I/2818/2023 28

-4- Crores Exchange Rate Difference 2021- 2022 1031.80 1031.74 0.0548 The difference of Rs 0.0548 Lacs is occurred due to follow up of an Accrual based accounting system and year-end adjustments in the financial statements made by the unit. (b) Import:- (i) Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis:

(Value in Crores)

Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2019-20 17.03 17.03 2020-21 4.70 4.70 2021- 2022 3.99 3.99

Import: - (ii) Raw Material. Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark FY2019-20 NIL NIL NIL NA FY2020-21 NIL NIL NIL NA FY2021-22 NIL NIL NIL NA

(a) BLUT (Rs. In crores)
1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) BLUT F.No. SEEPZ- SEZ/MSF_SEZ/ASPL/13/2014-15/Vol-II/3415 dated 24.08.2020. BLUT amount: - Rs 41.6780 crores File No.S-SEZ-MONT0TMSF/73/2023-JDCP I/2818/2023 29

-5- Value of Additional BLUT executed TOTAL value of BLUT Executed: Rs. 21.0015 Crores

Total BLUT Amount: Rs 61 crores. 2 Total Duty Foregone on goods & services procured. Category Wise: Year Wise:. Year wise Goods Imported & indigenous Services 2019-20 13.41 2020-21 10.56 2021-22 5.5180 8.0512 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. (d) Employment made as on date (as on end of block period / year upto which monitoring is being done) as on 31.03.2022 Men: 3449 Woman: 3134 Total: 6583
(e) Details of pending Foreign Remittance beyond Permissible period, if any (as on……….) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No, the unit has received all the Foreign Remittance with the prescribed time limits. (f) 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, the unit have filed all the Softex Forms for the monitoring period. (g) 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. Yes, all the Softex Forms are certified for the monitoring period. (h) Whether unit has filed any request for Cancellation of Softex. No. File No.S-SEZ-MONT0TMSF/73/2023-JDCP I/2818/2023 30

-6- (i) 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 (j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. Kept in abeyance as per office order No._SEEPZ/JDC/Pune/01/2022- 23/215 dated 16th March 2023. (k) 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. Yes FY 2019-20- NIL FY2020-21 8.41 Lakhs Duty paid 2.62 Lakhs (Clearance of Hazardous Waste) FY 2021-2022 Ass value INR: - 0.9204 crores Duty amount INR: -0.2138 crores (l) 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 (m) 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. The unit is in the process of filing all the DSPF’s. (n) 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, the unit have filed all DTA procurement during the monitoring period. (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report. No request is pending for OOC. (p) Has the unit set up any cafeteria / canteen / food court in unit premises. Yes, the unit has setup cafeteria canteen in the premises vide permission approval letter no: File No.S-SEZ-MONT0TMSF/73/2023-JDCP I/2818/2023 31

-7- 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 SEEPZ-SEZ/MSF- SEZ/ASPL/13/2014-15/VOL- III/3502 dated : 22.09.2020 (q) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring. No. (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) ADC’s observations:  The Unit has achieved export revenue of Rs. 343.14 crores as against projected export of Rs. 501.47 crores and achieved positive cumulative NFE of 1104.74 Crores which is 97.61 % in 5TH year of the 1ST block period i.e. FY 2019-20.  The Unit has achieved export revenue of Rs. 1501.76 crores as against projected export of Rs. 698.22 crores and achieved positive cumulative NFE of Rs. 1481.65 Crores which is 98.66 % in 2nd year of the 2nd block period i.e. during FY 2020-21 to FY 2021-22.  Approval Committee may monitor the performance of the Unit for:  5th year i.e. FY 2019-20 of 1st Block period of 5 years (i.e. 2015-16 to 2019-20)  2 year i.e. FY 2020-21 and 21-22 of 2nd Block period of 5 years (i.e. 20-21 to 2024-25) in terms of Rule 54 of SEZ Rules, 2006.

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