IN FORCE SEZ / EOU / FTWZ 2023-12-04

Agenda for Approval Committee meeting for Pune-Cluster to be held on 05-Dec.- 2023. — 02-2qubix-business-park-pvt-ltd-sez

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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 : 05.12.2023

TIME : 11:00 A.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 05.12.2023

INDEX

Agenda Item No.

Subject Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 19.10.2023 Agenda Item No. 02: - Monitoring of performance by M/s. Akzo Nobel Business Services LLP Agenda Item No. 03: - Monitoring of performance by M/s. Allygram Systems and Technologies Pvt. Ltd. Agenda Item No. 04: - Application for setting up of Cafeteria, appointment of vendor and Gymnasium in the SEZ Unit-premises by M/s. Crisil Limited Agenda Item No. 05: - Monitoring of performance by M/s. Infovision Labs India Private Ltd. Agenda Item No. 06: - Application for Regularization of Cafeteria by M/s. Persistent Systems Ltd Agenda Item No. 07: - Monitoring of performance by M/s. LTIMindtree Ltd. (LOA -10 D) Agenda Item No. 08: - Monitoring of performance by M/s. LTIMindtree Ltd. (LOA -17) Agenda Item No. 09: - Monitoring of performance by M/s. LTIMindtree Ltd. (LOA -35) Agenda Item No. 10: - Monitoring of performance by M/s. LTIMindtree Ltd. (LOA -44) Agenda Item No. 11: - Monitoring of performance by M/s. LTIMindtree Ltd. (LOA -50) Agenda Item No. 12: - Monitoring of performance by M/s. LTIMindtree Ltd. (LOA -70) Agenda Item No. 13: - Monitoring of performance by M/s. LTIMindtree Ltd. (LOA -76) Agenda Item No. 14: - Merger of LOAs of 7 existing units of M/s. LTIMindtree Ltd.

Minutes of the 128th 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 Pw.Ltd.- SEZ, Pune, held on A9.1O.2O23. ame of the SEZ /s. Qubix Business Park Pw Ltd SEZ I /ITES ector 2 eeting No. 2 gth B 9.70.2023 ate ZI L ,ilI FUe NO,D-DtrZ-mlNnULaE Ar,.l t zv zz-.tuvr Members resent s cial Invitee Sr ame and Designation epartment 1 hri Satbir Sharma /s. Qubix Business Park Pvt. Ltd. SEZ ecified Officer Agenda ttem No,O1: Conflrmation of Mlnutes of the 1276 meeting held on 2L.O9.2023 After deliberation, the Committee confirmed the minutes of the 127th Approval Committee meeting held on 2]-.09.2023 Agenda Item No.02: Appltcation for setting up of Cafeteria and appointment of vdndor in the SEZ -premlses by M/s. Qubix Buslness Park Pvt Ltd. (Developer) The proposal of Leasing out built-up space for setting up "Canteen Facility'' to the below mentioned vendors in the processing area of M/s. Qubix Business Park Pvt. Ltd. fDeveloper), SEZ was placed before the Approval Committee. Detalls of locaHon, service providers and area allocated for Cafeteria: After deliberation, the Committee approved the proposal of the developer for setting up of Cafeteria in the SEZ premises, in terms of Rule 11(5) of SEZ Rules. This approval is subject to the following conditions: ,lame and Designation s/shri.) epartment Sr 1 oint Development Commissioner une Cluster-SEZ, Pune mt. Mital S. Hiremath ominee of Income Tax, Pune hri. Sandeep Sathe, CIT-Circle 4, Pune 3 hri. Krishanadas Nair, DO 4 mt. Malathi J. Nair uperintendent ominee of Customs, Pune Name of the Service rovider tion Area (sq.ft.) M/s 7-India Convenience Retail Ltd. round Floor of IT 2 r174 M/s Punjabi lunction round Floor of IT 2 2090 M/s Eatclub Brands Private Limited round Floor of Kisok No. 12 of lT 4755 2 ominee of DGFT, Pune

rlle NO.D'DEZ-MlNDUt tE l\rr.|I zvZl"tlJVr

The Service Provider will not be eligible for any exemptions, drawback, concessions or any other benefits available under section 7 or Section 26 of the SEZ Act for creating or operating such facilities.
Developer and service provider shall adhere all the statutory compliances such a; Fire NOC and other clearances required for setting up / running of such facility.
The facility will be for exclusive use of the employees of the units and the Developer. Agenda ltem No.03: Monitorlng of performance for M/s' Mtcroland Ltd. The performance of the unit for the FY 2018-19 to 2O22-23 i.e 05 years of 1st Block period (i.e. 2018-19 to 2O22-23) was placed before the Approval committee for Monitoring purpose. The committee observed that the Unit has achieved export revenue of of Rs. 101.33 Crores as against proiected export of Rs. 168.45 Crores for FY 2018-19 to 2022-23 in 05 years of 1st Block period (i.e. 2ola-19 to 2022-23) with a positive cumulative NFE of Rs. 91.91 Crores with employment of 280 employees as on 3r.03.2023. After deliberation, the Approval committee noted the performance of M/s Microland Ltd. for 5 years of 1st Block period i.e., FY 2018-19 to FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006. Agenda Item No,04: Application for setttng up of Cafeteria and appointment of vendor in the SEZ-premises by M/s. VITP Pvt. Ltd. (Co-Developer) The proposal of M/s. VITP Private Limited (Co-Developerl for leasing out built up space to vindor for Food Court services was placed before the Approval Committee. Details of location, service provlder and area allocated for Cafeteria: After deliberation, the committee approved the proposal of the co-Developer for setting up of cafeteria in their sEz premises, in terms of Rule 11(5) of SEZ Rules. This approval is subject to the following conditions:
The Service Provider will not be eligible for any exemptions, drawback, concessions or any other benefits available under section 7 or Section 26 of the SEZ Act for creating or operating such facilities' Name of the Entity/Operator under Brand Name Location urpose or Use Area in Sq.ft M/s Tastea lRetail Food Court for kit"h.r, with Island Kiosk I.lo. 1, Retail Food Court (9th lFloor) lT-7, Qubix SEZ, Blue lnidge Township, Near RGIP, flinlewadi, Phase I, Pune 4.1 1 rjs7 Required facility for working Campus. for food employees in SEZ 340 sq.ft

F I te NO.!-DtrZ-lYlINDULaE ,\T,'I I lU Z Z{UVr 2. Developer and Service provider shall adhere all the statutory compliances such as Fire NOC and other clearances required for setting up / running of such facility. 3. The facility will be for exclusive use of the employees of the units and the Developer. Agenda Item No.05: Application for approval of List of Material required for installauon Roof Top Solar Panel System for authorized operation M/s. VITP Private Limited (Co-Developer) The proposal of M/s. VITP Private Limited fCo-Developer] for approval of List of Material required for installation Roof Top Solar Panel System for authorized operation was placed before the Approval Committee' The details with regards to Roof Top Solar Panel System is as detailed below; After deliberation, the Commiftee approved the list of material in terms of Rule 12(2) of SEZ Rules, 2006 submitted by the Co-Developer, duly certified by the Ms, Manasi Vikas kshisagar, Chartered Engineer, having registration No' MIE-M- 167A9A6 for the authorized operation for development of their SEZ. The Estimated value of the list of materials for installation Roof Top Solar Panel System is Rs. 53.7O Lakhs. The approval is subject to the following conditions: The Co-Developer will not be eligibte for any exemptions, . drawbach concessions or iny other benefit available under Section 7 or Section26of the SEz Act for creating or operating such facilities. The Co-Developer will have to fulfill any conditions / safeguards laid down by the State Government / Electricity department from time to time The non-conventional solar power generated will be used only for captive consumption and will not be sold outside They will register with Central Electricity Authority if power generation capacity exceeds 500KW. Such Captive generating power plants shall comply with all rules, regulations and technical-standardframed under the Electricity Act, 2003 as amended from time to time. Agenda Item No.06: Monitoring of performance for M/s. LTI Mindtree Ltd. (LOA -44) The performance of the unit for the FY 2O2O-21 to FY 2027-22 i.e 02 years of 2nd Block period was placed before the Approval Committee for Monitoring purpose. The Committee observed that the Unit has achieved export revenue of Rs. 517.51 Crores as against projected export of Rs. 220.09 Crores for FY 2O2O-21 to 2OZL-22 in 02 years of 2nd Block period of 5 years (i.e. FY 2O2O-27 to 2024-25') i.e. 235.13o/o with a positive NFE of Rs. 492.14 Crores on cumulative basis with employment of 1089 employees as on 37.O3.2022. Name of the Vendor of Solar Power Plant /s. Treflik Solar 2 Vendor-Service lnoorrop Sqqlelg[y$gI apacity 00 Kw 4 Annual Generation in capacity poo units per day 1 3

Afterde]iberation,theApprovalcommitteenotedtheperformanceofM/s LTI Mindtree Ltd. for Z years of 2nd Block period i.e., FY 2O2O-21 to Fy 2OZL-22 in terms of Rule 54 of SEZ Rules, 2006. Agenda Item No.o7: Monitoring of performance for M/s. LTI Mindtree ttd. (toA -70) The performance of the unit for the FY 2018-19 ro FY 2027-22 i'e 04 years of 1st Block period was placed before the Approval committee for Monitoring purpose. The committee observed that the Unit has achieved export revenue of Rs. 260.99 Crores as against projected export of Rs. 312.41 Crores for FY 2018-19 to Fy 2O2t-22 in 04 years oi tit etock period of 4 years (i.e. FY 2018-19 to 2O22--23) with a positive NF-E of Rs. 248 Crores on cumulative basis with employment of 710 employees as on 31.03.2022. After deliberation, the Approval committee noted the performance of M/s LTI Mindtree Ltd. for 4 years of 1st Block period i.e., FY 2018-19 to FY 2O2l-22 in terms of Rule 54 of SEZ Rules, 2006. Agenda Item No.08: Monitoring of performance for M/s. LTI Mindtree Ltd. (LoA -76) The performance of the unit for the FY 2019-20 to FY 2O2!-22 i.e 03 years of 1st Block period was placed before the Approval committee for Monitoring purpose. The committee observed that the unit has achieved export revenue ofRs. Rs. 128.31 Crores as against projected export of Rs. 204.81 Crores for FY 2019-20 to FY 2021I-22 in 03 years of 1st Block period with a positive NFE of Rs. 121.87 Crores on cumulative basis with employment of 514 employees as on 3l'O3'2O22' After deliberation, the Approval committee noted the performance of M/s LTI Mindtree Ltd. for 3 years of 1st Block period i.e., FY 2Ol9-2O to FY 2O2l-22 in terms of Rule 54 of SEZ Rules, 2006. Meeting ended with a vote of thanks to the Chair' a r e NO.D-DtrZ-MlNDUI aE^rrl I 4V ZZIUVT (Raiesh ishra,IRS) Chairman-cum- Development Commissioner \o .).o o'

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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. Akzo Nobel Business Services LLP, a IT/ITES Enabled Services located at 4th Floor, IT-5 Building, Qubix Business Park Pvt Ltd., - SEZ, Near RGIP, Hinjewadi, Phase I, Pune 411057 for 5 years i.e. for FY 2018-19 to FY 2022-23 of Ist block period.

b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 5 years i.e. for FY 2018-19 to FY 2022-23 of Ist 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 Projections (Rs. In Crores) 2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL FOB Value of Exports 18.81 27.18 36.17 42.05 42.05 166.26 FE Outgo 0 0 0 0 0 0 NFE 18.81 27.18 36.17 42.05 42.05 166.26

(I) Performance as compared to projections: FY 2018-19 TO FY 2022-23 (Rs. In Crores)

Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2018-19 18.81 9.49 0 0 0 0.07 0 2019-20 27.18 40.41 0 0 2020-21 36.17 56.36 0 0 2021-22 42.05 86.49 0 0 2022-23 42.05 150.61 0 0 Total 166.26 343.36 0 0 0.07 0

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(II) Cumulative NFE achieved: FY 2018-19 TO FY 2022-2 (Rs. in Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2018-19 9.48 99.92% 2019-20 49.88 99.97% 2020-21 106.23 99.98% 2021-22 192.72 99.98% 2022-23 343.33 99.99%

(III) Employment Achievement (Direct): FY 2018-19 TO FY 2022-23

The Unit has achieved employment of 371 employees (Men-276, Women-95) in Ist Block period.

The Specified Officer has submitted a report vide letter dated 08.11.2023, in the prescribed format along with point-wise reply to the discrepancies as follows:-

(a) EXPORT (Rs. In Crores)

Block Period Year/Period Figures reported in APR (FOB Value) Figures as per Softex/Custom s Records Differe nce if any Reason for Difference/Rema rk First block 2018-19 9.49 9.49 0 N A 2019-20 40.41 40.28 0.13 Difference due to the account of exchange rate variation. 2020-21 56.36 39.39 16.97 During the year, Unit have provided Services for Rs. 19.36 Crores within India against realization

of payment in EURO. The same is also reported under SERF form (+) to softex. During the year, Unit have raised Credit Note of Rs. (1.66) Crore. (-) to Softex. Balance difference of s 0.73 Crore is on the account of exchange rate variation (-) to Softex.

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2021-22 86.49 71.17 15.32 During the year, Unit have provided Services for Rs. 15.83 Crores within India against realization

of payment in EURO. The same is also reported under SERF form (+) to softex. During the year, Unit have raised Credit Note of Rs. (1.47) Crore. (-) to Softex. Balance difference of s 0.96 Crore is on the account of exchange rate variation (+)

to Softex. 2022-23 150.61 195.80 (-)45.19 During the year, Unit have provided Services for Rs. 12.55 Crore within India against realization

of payment in EURO. The same is also reported under SERF form (+) to softex. During the year, Unit have raised Credit Note of Rs. (54.84) Crore. (-) to Softex. Balance difference of s 2.90 Crore is on the account of exchange rate variation (-) to Softex.

(b) IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.) (In Crores)

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Year/ Period Figures reported as per revised APR Figures as per Customs Records Differenc e if any Reason for Difference/Remark 2018-19 0.07 0.09 0.02 During the year, Unit have procured capital goods of Rs. 0.02 Cr. Under Lease Basis from Domestic Tariff Area. Due to which for Inward purpose, we have processed Bill of Entry. However, the same is not form part of capital goods for the purpose of APR. 2019-20 0.00 0.00 Nil NA 2020-21 0.07 0.00 0.07 In the APR cumulative value of 2021-22 0.07 0.00 0.07 Import was shown. 2022-23 0.07 0.00 0.07

1 Value of BLUT Executed (Duty foregone) (including for CG/ Raw Material/ Services) Value of Additional BLUT executed

Year: Date of acceptance

BLUT amount: TOTAL value of BLUT Executed (Amount in ‘Crores’) BLUT- SEEPZ/QBPPL- SEZ/ANGBS/62 /2017-18/2566 DATED 24.02.2018 Amount- Rs.9.70 Crores SEEPZ/QBPPL- SEZ/ANGBS/62/ 2017-18/2566 DATED 17.12.2019 Amount- Rs. 5.75 Crores Total : BLUT = Rs. 15.75 Crores. 2 Total Duty Foregone on goods & Services
procured (Category-wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. Value in Crore. FY Good s (imp. & Indi.) Services (imp.& Indi) 2018-19 0.47 0.37 2019-20 0.20 0.34 2020-21 0.05 0.55 2021-22 0.20 0.78 2022-23 0.46 0.84 Total 1.38 2.88 (a) Employment made as on end of block period/ year up to which monitoring is being done) As on 31st March, 2023: Men: 276 Women: 95 Total: 371 (b) Details of Pending Foreign Remittance
beyond Permissible No Foreign Remittance is pending beyond the permissible period for

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period, if any (as on 31.03.2022) export invoices raised till 31.03.2023. To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained. (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 Forms has been 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 Forms till March, 2023 has been certified, except below month :

March, 2023 (On account of non filing of GOC) (e) Whether unit has filed any request for Cancellation of softex They have not filed any request for Cancellation of softex. (f) Whether any Services provided in They have not provided any DTA/SEZ/EOU/STPI etc. against services in DTA/SEZ/EOU/STPI payment in INR in r/o IT/ITES Unit etc. against payment in INR w.r.t. during the period. IT/ITES Services. If yes, details thereof (year wise details to be provided) (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 16.03.2023, 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 infrastructure 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. DSPF filed upto March, 2023 also approved.

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(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 They have filed all the DTA Procurement w.r.t. the goods procured by them during the monitoring period. (l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No any request ID is pending for OOC. (m) Has the unit set up any cafeteria/ canteen/ food court in unit premises? They have dry pantry however they have not obtained permission for the same. If yes, whether permission from UAC/DC office has been issued , or otherwise 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 (m) 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) Other Information:  LOA No. SEEPZ/QBPPL-SEZ/ANGBS/62/2017-18/2566 DATED 17.12.2019  Location: 4th Floor, Tower IT-5, Qubix Business Park Pvt Ltd., SEZ, Plot No. 2, RGIP, Phase – I, Hinjiewadi, Pune 411057.  Date of Commencement of Production: 03.12.2018 (f) ADC’s observations:  The unit has achieved export revenue of Rs. 349.36 Crores as against projected export of Rs.166.26 Crores i.e 210.12 % in Ist block period .  The unit has achieved positive NFE of Rs. 343.33 Crores i.e 99.99% during the Ist block period.  As per SO report the unit has 371 employees (Male:276, Female:95) as on 31.03.2023 i.e. FY 2022-23.  Approval Committee may like to monitor the performance of the Unit for Ist Block period i.e FY 2018-19 TO FY 2022-23.

GOVT. OF INDIA,

a) Proposal: Monitoring of the performance of M/s. Allygram Systems and Technologies Pvt. Ltd. an IT/ITES unit located in Qubix-SEZ, for FY 2018-19 to FY 2022- 23 (5 years of 1st Block period) b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 5 years FY 2018-19 to FY 2022-23 (1st Block period) in terms of Rule 54 of SEZ Rules, 2006. c) Relevant provisions: - “Performance of the Unit shall be monitored by the Approval Committee as per A. Approved Projections: (1st block Period)
(Rs. In Crores)

2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL FOB Value of Exports 2.49 16.30 26.24 27.02 33.19 105.24 FE Outgo 1.83 2.80 2.70 2.23 4.03 13.59 NFE 0.66 13.50 23.54 24.79 29.16 91.65

B. Performance as compared to projections: FY 2018-19 to FY 2022-23 (Rs. In Crores) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2018-19 2.49 2.26 1.14 0.12 2019-20 16.30 16.52 0.00 0.38 2020-21 26.24 25.53 0.00 0.23 2021-22 27.02 29.16 0.01 3.26 2022-23 33.19 29.27 4.18 0.03 0.39 Total 105.24 102.74 4.18 1.49 4.38 File No.S-SEZ-MONT0QBXP/76/2023-JDCP I/3298/2023 29

B. Cumulative NFE achieved: FY 2018-19 to FY 2022-23 (Rs. In Crores) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2018-19 2.02 89.60% 2019-20 18.04 96.09% 2020-21 43.23 97.58% 2021-22 69.02 93.95% 2022-23 97.79 95.18% (d) Other Information:
LOA No. & Date LOA

No. SEEPZ-SEZ/QBPPL- SEZ/ASTPL/71/2018-19/218 Dated 06.09.2018 Location of Unit 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 Validity of LOA 09.12.2023 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 10.12.2018 Execution of BLUT 27.07.2023 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 5 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 31.03.2023 116 (Male:105, Female:11) Area allotted (in sq.ft.) 8000 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 68.97 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 File No.S-SEZ-MONT0QBXP/76/2023-JDCP I/3298/2023 30

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 report vide letter dated 29.11.2023 has submitted reported as detailed below: (a) Details of year-wise export as per the prescribed format: From the year 2018-2019 to 2022-2023 (In Crores) Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2018-2019 Rs. 2.26 Cr Rs 2.18 Cr Rs. 0.08 Cr Difference due to the account of exchange rate variation 2019-2020 Rs 16.52 Cr Rs 16.55 Cr (-) Rs 0.03 Cr Difference due to the account of exchange rate variation 2020-2021 Rs 25.53 Cr Rs 25.82 Cr (-) Rs 0.29 Cr Difference due to the account of exchange rate variation 2021-2022 Rs 29.16 Cr Rs 28.98 Cr Rs. 0.18 Cr Difference due to the account of exchange rate variation 2022-23 Rs 29.27 Cr Rs 29.79 Cr (-) Rs 0.52 Cr Difference due to the account of exchange rate variation (b) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2018-2019 to 2022-2023 (In Crores) Year/ Period Figures as per Revised APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2018-19 Rs 1.14 Rs 1.14 Cr 00 2019-20 00 00 00 File No.S-SEZ-MONT0QBXP/76/2023-JDCP I/3298/2023 31

Difference on account of cumulative value of import shown in APR value. 2020-21 Rs 1.14 Cr 00 Rs 1.14 Cr 2021-22 Rs 1.14 Cr 00 Rs 1.14 Cr 2022-23 Rs 1.18 Cr Rs 0.03 Cr Rs 1.15 Cr (c ) BLUT 1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) Value of Additional BLUT executed

Year: Date of acceptance

BLUT amount: TOTAL value of BLUT Executed F. No. SEEPZ-SEZ/QBPPL-SEZ/ASTPL/71/2018- 19 dt. 04/10/18 BLUT Amount Rs. 2.42 Cr. F. No. SEEPZ-SEZ/QBPPL-SEZ/ASTPL/71/2018- 19 dt. 03/08/2023 BLUT Amnt Rs 0.51 Cr TOTAL BLUT 2.93 Cr. 2 Total Duty Foregone on goods & services procured (Category-wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. Value In Crores FY Goods (Imp. & Indi.) Services (Imp. & Indi.) 2018-2019 Rs 0.54 Rs 1.07 2019-2020 Rs 0.06 Rs 1.33 2020-2021 Rs 0.00 Rs 0.45 2021-2022 Rs 0.05 Rs 0.73 2022-2023 Rs 0.04 Rs 1.02 Total Rs 0.69 Rs 4.60 (a) Employment made as on date (as on end of block period / year up to which monitoring is being done) As on 31st March, 2023: Man: 105 Woman: 11 Total: 116 (b) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2022) To cross-check the same and verify whether necessary permission from AD Bank / RBI No Foreign Remittance is pending beyond the permissible period for export invoices raised till 31st March, 2023. File No.S-SEZ-MONT0QBXP/76/2023-JDCP I/3298/2023 32

has been obtained. (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 Forms has been 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 Forms till March, 2023 has been certified. (e) Whether unit has filed any request for Cancellation of Softex They have not filed any request 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) They have not provided any services in DTA / SEZ / EOU / STPI etc. against payment in INR w.r.t. IT/ITES Services. (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 infrastructure 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 DSPF filed upto March, 2023 and also approved by this office. File No.S-SEZ-MONT0QBXP/76/2023-JDCP I/3298/2023 33

consideration has been filed by the unit and whether the same 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. They have filed all the DTA Procurement w.r.t. the goods procured by them during the monitoring period. (l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No any Request ID is pending for OOC. (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 They have dry pantry (pantry without live cooking) however they have not obtained permission for the same. (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 d) ADC’s observations:  The Unit has achieved export revenue of Rs. 102.74 Crores as against projected export of Rs. 105.24 Crores for 5 years of 1st Block period (i.e. FY 2018-19 to 2022-23) i.e. 97.62%.  The unit has achieved positive NFE of Rs. 97.79 Crores in the 5th year of FY 2022-23 on cumulative basis. i.e. 95.18%  As per SO report the unit has 116 employees (Male:105, Female:11) as on 31.03.2023 i.e. FY 2022-23.  Approval Committee may Monitor the performance of the unit for 5 year i.e. FY 2018-19 to FY 2022-23 (5 years of 1st Block period), in terms of Rule 54 of SEZ Rules, 2006. File No.S-SEZ-MONT0QBXP/76/2023-JDCP I/3298/2023 34

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

a. Proposal:

Proposal submitted by M/s. Crisil Limited, an IT/ITES Unit located at Qubix Business Park Pvt Ltd.-SEZ, for setting up of Cafeteria and Gymnasium in the SEZ Unit-premises

b. Specific issue on which decision of Approval Committee is required:

Approval for setting up of Cafeteria and Gymnasium for exclusive use of employees of the SEZ unit, in terms of Instruction No 95 dated 11-06-2019, as detailed below:

Details of location, service providers and area allocated for Cafeteria:

Name of Vendor Activity Location of Cafeteria Area in Sq.ft M/s.

G.M. Caterers Vendor brings Pre-Cooked food and serves same to employees Ground Floor, IT-3 Bldg., Qubix Business Park Pvt Ltd.-SEZ. 6565

Details of location and area allocated for gymnasium:

Location Area Ground Floor, IT-3 Bldg., Qubix Business Park Pvt Ltd.-SEZ 1065 Sq.ft

c. Relevant provisions:

As per para 3 of Instruction No.95 dated 11.06.2019 “3. The issue was examined in this department and with the approval of competent authority, it is conveyed that the same could be allowed subject to the following condition

The facilities as envisaged under the proviso to Rule 11(5) of the SEZ Rules could also be created by a Unit for its exclusive use subject to obtaining a NOC from the Developer as well as necessary NOCs/clearances/approvals from the relevant statutory authorities.

The Units shall not be eligible for any exemptions, drawback, concessions or any other benefit available under Section 7 or Section 26 of the SEZ Act, for creating or operating such facilities”. d. Other information: File No.S-SEZ-PRO0QBXP/33/2022-JDCP

• The unit was issued LOA No. SEEPZ/FIPL-SEZ/CL/14/2011-12/6158 dated 29.04.2011 located at 1ST Floor and Ground Floor of IT-3 Bldg, Qubix Business Park Pvt Ltd.-SEZ, near Cognizant, RGIP, Hinjewadi, Phase-I,Pune- 411057 • Date of commencement: 01.06.2011
• LOA valid up to: 31.05.2026 • The unit has submitted that: • The vendor will be bringing pre-cooked food in the cafeteria. • There won’t be any live/active cooking activity in the cafeteria premises. • Undertaking that the unit will not be availing any tax/duty or GST benefits available under Section 7 and Section 26 of the SEZ Act, 2005 for the procurement of goods, material or services related to the gym and cafeteria facilities. • Undertaking that the Gym and cafeteria facilities will operate as per the guidelines prescribed in the Instruction 95 date 11.06.2019. The unit will ensure that they do not take advantage of any tax concessions, exemption, drawback, refunds or benefits intended for SEZ entities

• The unit has submitted following documents: • Provisional Fire NOC issued by the MIDC dated 30.10.2023 for their cafeteria on Ground Floor in IT-3 Building area admeasuring 609.91 Sq. Mtrs. • NOC issued by the MIDC dated 04.09.2020 to the Developer M/s. Qubix Business Park Pvt. Ltd. for their existing IT Building of the unit admeasuring area of 100768.227 Sq. Mtrs. • Form C (License) issued to the Vendor i.e M/s. G.M. Caterers • FSSAI Certificate issued by Govt. of Maharashtra, Food and Drug Administration to the vendor • GSTIN registration certificate of the vendor • No objection certificate issued by the Developer for setting up of Cafeteria and Gym in the premises of the unit. • Floor map of the area allotted for cafeteria and Gymnasium at Ground floor.

e. ADC’s Observations:

• Approval Committee may like to consider the proposal of the Unit for i. Setting up of Cafeteria and appointment of service providers subject to submission of Final Fire NOC issued by MIDC and ii. Setting up of gymnasium facility, in the Unit premises, in terms of Instruction No. 95 issued by MOC&I File No.S-SEZ-PRO0QBXP/33/2022-JDCP

GOVT. OF INDIA,

a. Proposal: Monitoring of the performance of M/s. Infovision Labs India Private Ltd. an IT/ITES unit located in Qubix-SEZ, for 5 years i.e., FY 2018-19 to FY 2022- 23 of 1st Block period.

b. Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 5 years i.e., FY 2018-19 to FY 2022-23 of 1st Block period. In terms of Rule 54 of SEZ Rules, 2006.

c. Relevant provisions: -

Committee as per

I. A. Approved Projections: (1st block Period)
(Rs. In Crores)

2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL FOB Value of Exports 14.77 21.88 25.93 35.00 43.00 140.58 FE Outgo 1.56 1.60 1.62 1.19 1.35 7.32 NFE 13.21 20.28 24.31 33.81 41.65 133.26

B. Performance as compared to projections: FY 2018-19 to FY 2022-23 (Rs. In Crores)

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2018-19 14.77 5.05 0.00 0.00 3.65 0.45 0 2019-20 21.88 51.02 0.26 0 2020-21 25.93 75.13 0.00 0 2021-22 35.00 93.73 0.19 0 2022-23 43.00 104.60

0.00 0 Total 140.58 329.53 0.00 0.00 3.65 0.90 0

File No.S-SEZ-MONT0QBXP/100/2023-JDCP I/3265/2023 11

C. Cumulative NFE achieved: FY 2018-19 to FY 2022-23 (Rs. In Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2018-19 5.00 99.10% 2019-20 55.96 99.79% 2020-21 131.01 99.86% 2021-22 224.66 99.88% 2022-23 329.17 99.89%

v. There is a difference in the Cumulative NFE value achieved and the value shown in the APR during the FY 2022-23. The reason for the difference informed by the unit in their APR is;

“Total 29 Export Invoices pertaining to FY 2018-19 to FY 2021-22 Valued to Rs. 387.83 Lakhs (USD 5.33 Lakhs) has been cancelled after receipt of approval from the Joint Development Commissioner’s, Pune Cluster SEZ vide F.No. SEEPZ-SEZ/NEWSEZ/ILPL/297/2017-18/624 dt. 07.08.2023. Effect of the same has been considered in Cumulative Export Value and Cumulative NFE reported in FY 2022-23”

d. Other Information:

LOA No. & Date LOA No. SEEPZ/NEWSEZ/QBPPL/ ILPL/297/2017-18 dt. 13.02.2018 Location of Unit Office No. 2, 4th Floor, IT-7 Building, Qubix Business Park Private Limited, Plot No. 2, Pune 411 057 Validity of LOA 31.07.2023 IT/ITES 01.08.2018 Execution of BLUT 20.03.2018 NA Labour Dues NA 16.02.2018 to 15.02.2027 NA Order/Recovery Notice/ Recovery Order issued, if any NA a. No. of employees as on 31.03.2023 328 25881 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 78.90 Investment till date Building NA I/3265/2023 12

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 report vide letter dated 01.11.2023 has submitted

a. Details of year-wise export as per the prescribed format: From the year 2018-2019 to 2022-2023 (In Crores) Year/ Period Figures reported in APR (FOB Value) Figures as per Sofex / Customs Records Difference, ie any Reason eor Difference / Remarks 2018- 2019 5.05 5.15 (-)0.10 Difference is on the account oe exchange rate variaton. 2019- 2020 51.02 52.09 (-)1.06 During the year the unit has provided services oe Rs. 0.11 Cr within India against realizaton in eoreign currency. (+) to Sofex. Balance difference oe Rs. 1.17 Cr. Is on the account oe exchange rate variaton (-) to sofex 2020- 2021 75.13 74.82 0.31 During the year, Unit have provided services eor Rs. 0.25 Cr. Withint India against realizaton oe payment in eoreign currecy. (+) to Sofex. Balance difference oe Rs. 0.06 Cr. Is on the account oe exchange rate variaton. (+) to sofex. 2021- 2022 93.73 93.87 (-)0.14 During the year Unit have raised Credit Note oe Rs. 0.10 Cr. Has been raised. (-) to sofex. I/3265/2023 13

Balance difference oe Rs. 0.04 Cr. Is on the account oe exchange rate variaton. (-) to sofex. 2022- 2023 104.60 105.54 (-)0.94 During the year Unit have raised Credit Note oe Rs. 1.17 Cr. Has been raised. (-) to Sofex.
Balance difference oe Rs. (0.23) Cr. Is on the account oe exchange rate variaton. (+) to sofex.

b. Import i. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2018-2019 to 2022-2023 (In Crores) Year/ Period Figures as per Revised APR Figures as per SEZ Online / Customs Records Difference, ie any Reason eor Difference / Remarks 2018-19 0.45 0.45 Nil NA 2019-20 0.26 0.26 Nil NA 2020-21 0.71 0.00 0.71 In the APR cumulatve value oe import was shown . 2021-22 0.90 0.19 0.71 2022-23 0.90 0.00 0.90

ii. Raw Material From the year 2018-19 to 2022-23 Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, ie any Reason eor Difference / Remarks 2018- 2019 0.00 0.00 Nil NA 2019- 2020 0.00 0.00 Nil NA 2020- 2021 0.00 0.00 Nil NA 2021- 2022 0.00 0.00 Nil NA I/3265/2023 14

2022- 2023 0.00 0.00 Nil NA (c ) BLUT 1 Value oe BLUT Executed (Duty eoregone) (including eor CG / Raw Material / Services) Value oe Additonal BLUT executed • Year: Date of acceptance • BLUT amount:

TOTAL value oe BLUT Executed F.

No.

SEEPZ-SEZ/NEW SEZ/ILPL/297/2017-18/07104
dt. 20.03.18 BLUT Amount 1.04 Cr. SEEPZ-SEZ/NEW

SEZ/ILPL/297/2017- 18/3560 dt. 07.10.20 BLUT Amount -Rs. 2.95 Cr. TOTAL BLUT 3.99 Cr. 2 Total Duty Foregone on goods & services procured (Category-wise BLUT value utlized separately eor imported and indigenous goods and services) This should be based on BLUT worksheet which provides eor estmated value and duty eoregone separately eor each category oe procurement. Value In Crore FY Goods (Imp. & Indi.) Services (Imp. & Indi.) 18-19 0.41 0.34 19-20 0.20 0.76 20-21 0.12 0.74 21-22 0.09 1.41 22-23 0.08 1.89 Total 0.90 5.14

(a) Employment made as on date (as on end oe block period / year up to which monitoring is being done) As on 31st March, 2023: Man: 221 Woman: 107 Total: 328 (b) Details oe pending Foreign Remitance beyond Permissible period, ie any (as on 31.03.2022) To cross-check the same and veriey whether necessary permission erom AD Bank / RBI has been obtained. No Foreign Remitance is pending beyond the permissible period eor export invoices raised tll 31st March, 2023. I/3265/2023 15

(c) Whether all sofex has been fled eor the said period. Ie no, details thereoe. SO to also check whether unit has obtained Sofex condonaton erom DC ofce / RBI and ie approved, whether they have fled such pending Sofex. No Sofex Forms has been pending eor fling. (d) Whether all Sofex has been certfed, ie so tll which month has the same been certfed. Ie not, provide details oe the Sofex and reasons eor pendency. All the Sofex Forms tll March, 2023 has been certfed. (e) Whether unit has fled any request eor Cancellaton oe Sofex They have fled request eor cancellaton oe Sofex against 29 Invoices total amountng to Rs. 3.88 Cr. Pertaining eor the year 2018-1 to 2021-22 (e) Whether any Services provided in DTA / SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. Ie yes, details thereoe (year wise details to be provided) They have not provided any services in DTA / SEZ / EOU / STPI etc. against payment in INR w.r.t. IT/ITES Services. (g) SO to veriey and certey whether the unit has updated the BLUT ledger Module in SEZ Online. As per Ofce Order No. 02/2023 dated 16.03.23, uploading oe BLUT online is kept in abeyance. (h) Has the unit cleared any Capital Goods procured duty eree in DTA against payment oe Duty, or otherwise? Full details to be provided along with value oe assets and duty discharged. E Waste oe value oe Rs. 0.02 Cr cleared on payment oe duty oe Rs. 0.006 during the year 2019-20 and 2022-23. (i) Is the unit sharing any oe their inerastructure with other units or are utlizing inerastructure oe another unit in the same or other SEZ? Ie so, details thereoe, including the details oe the unit with whom the sharing is being made, and the payment terms Ie approval eor sharing oe common inerastructure has been obtained erom UAC / DC ofce, the date oe UAC / Approval leter to be indicated No (j) Whether all DSPF eor services procured during the said monitoring period under consideraton has been fled by the unit and whether the same has been processed eor approval by the SO Ofce. DSPF fled and approved upto March. 23. I/3265/2023 16

(k) Whether unit has fled all DTA procurement w.r.t. the goods procured by them during the monitoring period eor the relevant period. Ie no, details thereoe They have fled all the DTA Procurement w.r.t. the goods procured by them during the monitoring period. (l) Details oe the request IDs pending eor OOC in respect oe DTA procurement on the date oe submission oe monitoring report No any Request ID is pending eor OOC. (m ) Has the unit set up any caeeteria / canteen / eood court in unit premises? Ie yes, whether permission erom UAC / DC ofce has been issued, or otherwise ofce has been issued, or otherwise Whether unit has availed any `duty paid goods / services eor setng up such eacility? Ie yes, whether unit has discharged such duty / tax beneft availed? details to be given including amount oe duty / tax recovered or yet to be recovered They have dry pantry however they have not obtained permission eor the same. (n) Whether any violaton oe any oe the provisions oe law has been notced / observed by the Specifed Ofcer during the period under monitoring No

e. ADC’s observations:

• The Unit has achieved export revenue of Rs. 329.53 Crores as against projected export of Rs. 140.57 Crores for FY 2018-19 to 2022-23 in 05 years of 1st Block period (i.e. 2018-19 to 2022-23) i.e. 234.42%. • The unit has achieved positive NFE of Rs. 329.17 Crores in the fifth year of 2022-23 on cumulative basis. i.e. 99.89% • As Per the unit’s APR, the 29 Export Invoices pertaining to FY 2018-19 to FY 2021-22 Valued to Rs. 387.83 Lakhs (USD 5.33 Lakhs) which has been cancelled after receipt of approval from the Joint Development Commissioner’s,

Pune

Cluster

SEZ

vide

F.No.

SEEPZ- SEZ/NEWSEZ/ILPL/297/2017-18/624 dt. 07.08.2023, has been considered in Cumulative Export Value and Cumulative NFE reported in FY 2022-23” • As per SO report the unit have a Cafeteria (Dry Pantry) and they have not taken the permission for the same. The unit vide mail dated 07.11.2023 they submitted that they have a cafeteria at our SEZ premises & they will submit the application for regularization of cafeteria soon. • As per SO report the unit has 328 employees as on 31.03.2023 i.e. FY 2022- 23. • Approval Committee may Monitor the performance of the unit for 5 years i.e. FY 2018-19 to 2022-23 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006. I/3265/2023 17

I/3265/2023 18

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

a. Proposal:

Proposal submitted by M/s. Persistent Systems Ltd., an IT/ITES Unit located at Qubix Business Park Pvt Ltd.-SEZ, for regularization of Cafeteria in the SEZ Unit-premises

b. Specific issue on which decision of Approval Committee is required:

Approval for regularization of cafeteria as per Instruction No 95 dated 11-06- 2019, as detailed below:

Details of location, service providers and area allocated for Cafeteria:

Name of Vendor Activity Location of Cafeteria Area in Sq.ft M/s. Mitesh Caterers Vendor brings Pre-Cooked food and serves same to employees IT-3 Bldg., 5th Floor, Qubix Business Park Pvt Ltd.- SEZ. 2658.70

c. Relevant provisions:

The Units shall not be eligible for any exemptions, drawback, concessions or any other benefit available under Section 7 or Section 26 of the SEZ Act, for creating or operating such facilities”.

d. Report submitted by the Specified Officer:

The Specified Officer vide his report dated 09.06.2023 has certified that all the goods were found to be procured by the unit on payment of tax/duty and no tax/duty benefit was availed towards procurement of goods for the cafeteria located at 4th & 5th Floors, IT-3 Building in Qubix SEZ. The details of list of items in the cafeteria, are as under: File No.S-SEZ-PRO0QBXP/8/2022-JDCP I/3280/2023 332

Name of the vendor Invoice no. & date Particulars Base Amount VAT 12.5% Total invoice amount Suyog Equipments Pvt. Ltd 166 dated 04.03.11 Bain Marie- Kitchen equipment 108981 13623 122604 Kalagar 3240 dtd. 04.03.11 Dining Tables 101400 12675 114075 Kalagar 3260 dtd. 23.03.2011 Dining Tables 5100 638 6738 G.V.Infraproject Pvt. Td. IPL/70/2010- 2011 dt. 31.03.2011 Chairs for cafeteria 244800 30600 276600 TOTAL 460281 57535 520016

However, with regards to procurement of services, the unit had produced Accountant Certificate dated 22.05.2023 wherein the CA has certified that no tax/duty benefit was availed on services during setting up of the cafeteria in the SEZ premises.

e. Other information:

• The unit was issued LOA No. SEZ/PUNE/10F/2010-11/753 dated 07.11.2010 Dtd. 17.02.2021 located at IT-3 Bldg, 4th & 5th Floor, Qubix Business Park Pvt Ltd.-SEZ, Survey No.154/6, behind Cognizant, RGIP, Hinjewadi, Phase-I,Pune-411057 • Date of commencement: 06.12.2010
• LOA valid up to: 05.12.2025 • The unit has submitted that: • The vendor will not be using any gas/inflammable equipment in the cafeteria. • The unit has not allocated separate space to any food court vendor or supplier on commercial basis. As part of their employee welfare, they provide complete meal to their employees free of cost. They have appointed a vendor who provides pre-cooked food to them and the same is just served in their cafeteria. Company owns the responsibility to pay the said vendor. • Further, the unit has also submitted an undertaking that they have not availed any benefits for Interior works to setup the cafeteria also no benefit was availed on any goods stored/installed in the cafeteria.

• The unit has submitted following documents: • Fire NOC issued by the MIDC dated 13.08.2013 for their office on 4th & 5th File No.S-SEZ-PRO0QBXP/8/2022-JDCP I/3280/2023 333

Floor in IT-3 Building area admeasuring 7991.646 Sq. Mtrs. • Form B dated 05.01.2023 issued for the period July 2022 to Dec 2022 • Copy of NOC from the Developer. • Undertaking for non-availing of tax, duty benefits and exemptions • Form C (License) issued to the Vendor i.e M/s. Mitesh Caterers to commence of carry on Food Business. File No.S-SEZ-PRO0QBXP/8/2022-JDCP I/3280/2023 334

• Copy of Agreement between the vendor and the unit agreeing to provide cooked food, snacks and Tea/Coffee will be provided to its employees. • Floor map of the area allotted for cafeteria at 5th Floor. • Chartered Accountant Certificate dated 22.05.2023 wherein the CA has certified that no tax/duty benefit was availed on Cafeteria services during setting up of the cafeteria in the SEZ premises. • Letter dated 22.02.2023 from Persistent to Specified Officer enclosing the Copies of Invoices and informing that they have not received any services including interior work while establishing the cafeteria. • Copies of Tax Invoices for purchase of the assets and furniture

f. ADC’s Observations:

• The unit had setup the said Cafeteria around Feb-2011 i.e. prior to issuance of Instruction No. 95. Now, based on the said instruction, they intend to regularize the said facility. • The unit has clarified that vendor will bring only precooked food which are ready to serve. • Approval Committee may like to consider the proposal of the Unit for regularizing of Cafeteria and appointment of service provider, in the Unit premises, in terms of Instruction No. 95 issued by MOC&I. File No.S-SEZ-PRO0QBXP/8/2022-JDCP I/3280/2023 335

GOVT. OF INDIA,

a. Proposal: Monitoring of the performance of M/s. LTI Mindtree Ltd. an IT/ITES unit located in Qubix-SEZ, for FY 2022-23 (2nd year of 3rd Block period)

b. Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 1 year FY 2022-23 (2nd year of 3rd Block period) in terms of Rule 54 of SEZ Rules, 2006.

c. Relevant provisions: -

Committee as per

I. A. Approved Projections: (3rd block Period)
(Rs. In Crores)

2021-22 2022-23 2023-24 2024-25 2025-26 TOTAL FOB Value of Exports 508.78 534.23 560.94 588.99 618.43 2811.37 FE Outgo 37.11 38.90 41.26 43.23 45.29 205.79 NFE 471.67 495.33 519.68 545.76 573.14 2605.58

B. Performance as compared to projections: FY 2022-23 (Rs. In Crores)

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 534.23 712.51

9.00 1.49 27.23 Total 534.23 712.51

9.00 1.49 27.23

C. Cumulative NFE achieved: FY 2022-23

(Rs. In Crores) Year 2022-23 1214.72 95.63%

File No.S-SEZ-MONT0QBXP/7/2022-JDCP I/3264/2023 57

d. Other Information:

LOA No. & Date LOA

No.

SEZ/PUNE/10D/2010- 11/7042 dt. 24.08.2010 Location of Unit 2nd & 3rd Floor, IT-06 Building, Qubix Business Park Pvt. Ltd., Rajiv Gandhi Infotech Park, Hinjewadi, Phase I, Pune 411 057 Validity of LOA 06.04.2026 IT/ITES 07.04.2011 Execution of BLUT 21.05.2021 NA Labour Dues NA 10 years NA Order/Recovery Notice/ Recovery Order issued, if any NA a. No. of employees as on 31.03.2023 2782 (Male:1915, Female:867) 76064 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 40.54 Investment till date

Building NA Plant & Machinery NA under Rule 34 (unutilized goods) NA 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 report vide letter dated 27.10.2023 has submitted

a. Details of year-wise export as per the prescribed format: b. Export
(Rs. In Crore)
Year/P Figures as Figures as per Difference Reason for I/3264/2023 58

eriod per APR (In Cr) Softex/SB / Customs Records (In Cr) if any (In Cr) Difference/Remark (1) (2) (3) (4) (5) 2022- 23 712 699 13 The SEZ unit has provided onsite services for (+) Rs. 11 Cr (To softex) which is not included in the softex amount.

(+) Rs. 5 Cr(To softex)
difference is on account of rate exchange variation.

Credit Note issued for (-) Rs. 3 Cr. (To softex)

b. Import i. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Cr)
Year/ Period Figures as per APR (In Cr) Figures as per Customs Records / Bond Register (In Cr) Difference if any Reason for Difference/Remark 2022- 23 4.74 1.49 3.25 Difference of Rs. 3.25 Cr. is on account of cumulative value for previous years imports. ii. Import of Raw material (Rs. In Cr)
Year/Pe riod Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remar k 2017-18 0 0 0 0 2018-19 0 0 0 0 I/3264/2023 59

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/PUNE/10D/2010- 11/254 dated 23/09/10 BLUT Amount Rs. 9.73 Cr. BLUT F. No. SEZ/PUNE/10D/2010-11/23862 dated 16/08/16 BLUT Amount Rs. 4.94 Cr.. BLUT F. No. SEZ/PUNE/10D/2017-18/ Vol II / 464 dated 08/06/20. BLUT Amount 11.46 Cr SEZ/PUNE/10D/2017-18/ Vol II /464 dated 21/05/21. BLUT Amount 73.23 TOTAL BLUT Rs. 99.36 Cr. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:. In Crore Year wise Goods Imported & indigenous Services Imported and Indigenous 2022- 23 3.47 8.36

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

the consignments and Total value of Goods procured No I/3264/2023 60

without having sufficient or nil balance in BLUT (a ) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men -1915 Women-867 Total 2782

(b) Details

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. Foreign Remittance of Rs. 0.49 Cr pending for realization which include remittance of Rs. 0.46 cr for off shore export and Rs. 0.03 Cr for onsite export. Unit has obtained extension for offshore export invoices. However, no such extension required for onsite services.

(c ) Whether all softex has been filed for the said period. If no, details thereof. SO to also check whether

unit

has obtained

(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 softex has been certified.

(e) Whether unit has filed any

request

for Cancellation of Softex No

I/3264/2023 61

(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 deded 16.03.23, uploeding of BLUT online is kepd in ebeyence.

(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 Crore) Year Value Duty 2022-23 0.05 0.02

(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 DSPF has been filed upto March 23.

I/3264/2023 62

Office. (k) Whether unit has filed all DTA procurement w.r.t.

the

goods procured

them during the monitoring period for the relevant period. Yes

(l) Details of the request IDs pending for OOC in respect

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.

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 Yes and permission has been obtained for the same.

(n) Whether any violation of any of the provisions of law has been noticed / observed

the Specified Officer during the

period

under monitoring No

I/3264/2023 63

d. ADC’s observations:

• The Unit has achieved export revenue of Rs. 712.51 Crores as against projected export of Rs. 534.23 Crores for FY 2022-23 in the 2nd year of 3rd Block period (i.e. FY 2021-22 to 2025-26) i.e. 133.37%. • The unit has achieved positive NFE of Rs. 1214.72 Crores in the 2nd year of
FY 2022-23 on cumulative basis. i.e. 95.63% • As per SO report the unit has 2782 employees (Male:1915, Female:867) as on 31.03.2023 i.e. FY 2022-23. • Approval Committee may Monitor the performance of the unit for 1 year i.e. FY 2022-23 (2ND year of 3rd Block period), in terms of Rule 54 of SEZ Rules, 2006.

I/3264/2023 64

GOVT. OF INDIA,

a) Proposal: Monitoring of the performance of M/s. LTIMindtree Ltd., an IT/ITES unit located in Qubix Business Park Pvt. Ltd. RGIP, Pune, for 5th year of 2nd Block period i.e. FY 2022-23. b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 5th year of 2nd Block period i.e. FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006 c) 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”
The details of the export projections for 2nd block period, is as detailed below: (I) Performance as compared to projections for 5th year of 2nd Block period i.e FY 2022-23 (i) Approved Projections (Rs. In Crores) 2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL FOB Value of Exports 59.64 60.65 62.58 63.86 64.35 311.08 FE Outgo 4.47 4.55 4.69 4.79 4.83 23.33 NFE 55.17 56.10 57.89 59.07 59.52 287.75 Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 64.35 295.1 9 0.00 0.00 7.78 0.18 7.50 Total 64.35 295.19 0.00 0.00 7.78 0.18 7.50 (ii) Performance as compared to projections: (Rs. In Crores) (iii) Cumulative NFE achieved: FY 2022-23 (Rs. In Crores)

Year 2022-23 722.48 95.66 File No.S-SEZ-MONT0QBXP/16/2022-JDCP I/3267/2023 42

(iv) Employment Achievement (Direct): FY 2022-23

The Unit has achieved employment of 1263 employees (Men-837, Women-426) Up to 5th year i.e. FY 2022-23 of the 2nd block period (d) Other Information:
LOA No. & Date SEEPZ-SEZ/FIPL-SEZ/LTIL/17/ 2011-12 dated 18.10.2011. Location of Unit 4th Floor, IT-6 Building, Qubix Business Park Pvt. Ltd., SEZ, Sr. No. 154/6, Rajiv Gandhi Infotech Park, Phase-I, Pune Hinjewadi 411 057 Validity of LOA 24.04.2028 IT/ITES 25.04.2013 Execution of BLUT 08.06.2020 NA Labour Dues NA 9 years from DCP i.e. 25.04.2013 NA Order/Recovery Notice/ Recovery Order issued, if any NA No. of employees as on 31.03.2022 1263 employees (Men-837, Women- 426) Area allotted (in sq.ft.) 38031.92 Area available for each employee per sq.ft. basis (area / no. of employees) 30.11 Investment till date Building NA Plant & Machinery NA under Rule 34 (unutilized goods) NA period NA Whether all the APRs being considered now has been filed well within the time Yes File No.S-SEZ-MONT0QBXP/16/2022-JDCP I/3267/2023 43

limit, or otherwise. If no, details of the Year along with no of days delayed to be given.  The Specified Officer vide his report dated 01.11.2023 has reported that
SEZ Unit has submitted the following (a) Details of year-wise export as per the prescribed format: (a) Export
(Rs. In crores) Year/Per iod Figures as per APR (In Cr) Figures as per Softex/SB / Customs Records (In Cr) Difference if any (In Cr) Reason for Difference/Rem ark (1) (2) (3) (4) (5) 2022-23 295 289 6 The SEZ unit has provided onsite services for (+) Rs. 4.00 Cr.(To Softex) which is not included in the

softex amount. (+) Rs. 3.00 Cr (To

Softex) difference is on account of rate exchange variation. Credit

Note issued for (-) Rs. 1 Cr. (To Softex) (b) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In crores)
Year/Period Figures as per APR (In crores) Figures as per Customs Records / Bond Register (In crores) Difference if any Reason for Difference/Remark 2022-23 2.02 0.17 1.85 Difference of Rs. 1.85 Cr. is on account of cumulative value for File No.S-SEZ-MONT0QBXP/16/2022-JDCP I/3267/2023 44

previous years shown in APR (ii) Import of Raw material (Rs. In crores)
Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 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- SEZ/FIPL/LTIL/17/2011-12 dated 06/01/2012 BLUT Amount Rs. 3.80 Cr. BLUT

No.

SEEPZ- SEZ/FIPL/LTIL/17/2016-17 dated 24/01/2019 BLUT Amount Rs. 3.24 Cr. BLUT

No.

SEEPZ- SEZ/FIPL/LTIL/17/2016-17 dated 08/06/2020 BLUT Amount Rs. 5.04 Cr. TOTAL BLUT Rs. 12.08 Cr 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:. In Crores Year wise Goods Imported & indigenous Services Imported & Indigenous 2022-23 0.65 1.36 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 -837 Women-426 Total 1263 (b) Details of pending Foreign Remittance beyond Permissible NIL File No.S-SEZ-MONT0QBXP/16/2022-JDCP I/3267/2023 45

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. (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. All the softex during the period under consideration have been filed and the same have been approved. (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 softex has been certified. (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. 02/2003 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 2022-23 0.02 0.008 (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 No File No.S-SEZ-MONT0QBXP/16/2022-JDCP I/3267/2023 46

indicated. (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. DSPF has been filed and approved 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. Yes (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 Yes and permission has been obtained for the same (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 (e) ADC’s observations:  The Unit has achieved export revenue of Rs. 295.19 Crores as against projected export of Rs. 64.35 Crores for FY 2022-23 in the 5th year of 2nd Block period (i.e. FY 2018-19 to 2022-23) i.e. 458.73%.  The unit has achieved positive NFE of Rs. 722.48 Crores in the 5th year of FY 2022-23 on cumulative basis. i.e. 95.66%  As per SO report the unit has 1263 employees (Men-837, Women-426) as on 31.03.2023 i.e. FY 2022-23.  Approval Committee may Monitor the performance of the unit for 5th year of 2nd Block period i.e. FY 2022-23, in terms of Rule 54 of SEZ Rules, 2006. File No.S-SEZ-MONT0QBXP/16/2022-JDCP I/3267/2023 47

GOVT. OF INDIA,

a) Proposal: Monitoring of the performance of M/s. LTIMindtree Ltd. an IT/ITES unit located in Qubix-SEZ, for the 4th year i.e. FY 2022-23, of 2nd block period b) Specific Issue on decision of Approval Committee is required: Monitoring of the performance of the unit for 4th year i.e., FY 2022-23 of 2nd Block period (2019-20 to 2023-24) In terms of Rule 54 of SEZ Rules, 2006. c) Relevant provisions: - Committee as per I. Approved Projections: (2nd block Period)
(Rs. In Crores) Description 2019-20 2020-21 2021-22 2022-23 2023-24 Total FOB Value of Exports 63.00 69.00 70.00 75.00 80.00 357.00 FE Outgo 5.01 5.42 5.55 5.83 5.83 27.64 NFE 57.99 63.58 64.45 69.17 74.17 329.36

A. Performance as compared to projections (Rs. In Crores) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 75.00 174.62 0.00 0.00 6.91 0.00 6.48 Total 75.00 174.62 0.00 0.00 6.91 0.00 6.48 B. Cumulative NFE achieved: FY 2021-22 (Rs. In Crores) Year 2022-23 551.60 94.88% File No.S-SEZ-MONT0QBXP/124/2023-JDCP I/3266/2023 36

(d) Other Information:
LOA No. & Date LOA

No.

SEEPZ/NTPL- SEZ/L&TIL/35/2013-14/14319

dated 19.12.2013 Location of Unit 5th Floor, IT6 Building, Qubix Business Park Pvt. Ltd., Rajiv Gandhi Infotech Park, Hinjewadi, Phase I, Pune 411 057 Validity of LOA 30.09.2024 IT/ITES 01.10.2014 Execution if BLUT Sr. No Date Of Acceptance Value of BLUT 1. 25.04.2014 Rs. 5.01Cr. 2. 04.02.2020 Rs. 16.72 Cr Total Rs. 21.73 Cr NA Labour Dues NA 09 years NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA a) No. of employees as on 31.03.2023 518 (Male:364, Female:154) 35844 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 69.17 Investment

till date Building NA Plant

& Machinery NA under Rule 34 (unutilized goods) NA 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 File No.S-SEZ-MONT0QBXP/124/2023-JDCP I/3266/2023 37

The Specified Officer report vide letter dated 31.10.2023 has submitted (a) Details of year-wise export as per the prescribed format: (a) Export
(Rs. In Crore)
Year/Per iod Figures as per APR Figures as per Softex/SB / Customs Records Difference if any Reason

for Difference/Remark 2022-23 174.62 171.85 2.77 The SEZ unit has provided onsite services for (+) Rs. 3.36 Cr (To softex) which is not included in the softex amount. (-) Rs. 0.46 Cr (To softex) difference is on account of rate exchange variation. Credit Note issued for (-) Rs. 1.05 Cr. (To softex) (b) Import i. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Crore)
Year/Perio d Figures as per APR (In Lakhs) Figures as per Customs Records / Bond Register (In Lakhs) Differe nce if any Reason for Difference/Remark 2022-23 2.76 0 2.76 Difference of Rs. 2.76 Cr. is on account of cumulative value for previous years shown in APR File No.S-SEZ-MONT0QBXP/124/2023-JDCP I/3266/2023 38

ii. Impirt if Raw material Year/Perio d Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Differe nce if any Reason for Difference/Remark 2022-23 0 0 0 0 (c) BLUT (a) 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/NTPL- SEZ/L&TIL/35/2013-14 4720 dated 25/04/2014 BLUT Amount Rs. 5.01 Cr. BLUT

No.

SEEPZ/NTPL- SEZ/L&TIL/35/2015-16 2802 dated 04.02.20 BLUT Amount of Rs. 16.72 Cr TOTAL BLUT Rs. 21.73 Cr. (b) Total Duty Foregone on goods & services procured Category Wise: Year Wise:. In Crore Year wise Goods Imported & indigenous Services Imported and Indigenous 2022-23 0.18 1.18 (c) 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) Men -364 Women-154 Total 518 File No.S-SEZ-MONT0QBXP/124/2023-JDCP I/3266/2023 39

(e) 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. Foreign Remittance of Rs. 1.11 Cr pending for realization which include remittance of Rs. 0.95 Cr for off shore export and Rs. 0.16 Cr for onsite export. Unit has obtained extension for offshore export invoices. However, no such extension required for onsite services. (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. All the softex during the period under consideration have been filed and the same have been approved. (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. All softex has been certified. (h) Whether unit has filed any request for Cancellation of Softex No (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. As per Office Order No. 02/2023 dated 16.03.23, uploading of BLUT online is kept in abeyance. (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. Details of goods (E Waste) cleared in DTA is as under; (In Crore) Year Value In Rs Duty In Rs. 2022-23 Nil Nil File No.S-SEZ-MONT0QBXP/124/2023-JDCP I/3266/2023 40

(l) Is the unit sharing any of their infrastructures with other units

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. DSPF has been filed and approved upto March 23. (n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. Yes (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No File No.S-SEZ-MONT0QBXP/124/2023-JDCP I/3266/2023 41

(p) 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 Yes, and permission has been obtained for the same. (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) ADC’s observations: The unit has achieved Export of Rs.174.62 Cr. against the projected export of Rs. 75.00 Cr. i.e., 232.83 % in the 4th year i.e., of 2nd block period. The unit has achieved NFE of Rs.551.60 Cr. i.e., 94.88% in the 4th year i.e. FY 2022-23, of 2nd Block period on cumulative basis. Vide SO repot the unit has achieved employment as detailed below: Year Men Women Total 2022-23 364 154 518  Approval Committee may Monitor the performance of the unit for the 4th year i.e. FY 2022-23 of 2nd Block period, in terms of Rule 54 of SEZ Rules, 2006. File No.S-SEZ-MONT0QBXP/124/2023-JDCP I/3266/2023 42

GOVT. OF INDIA,

AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

a) Proposal: Monitoring of the performance of M/s. LTIMindtree Ltd.. an IT/ITES unit located in Qubix-SEZ, for FY 2022-23 (3rd year of 2nd Block Period) b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 3rd year i.e., FY 2022-23 of 2nd Block period Relevant provisions: - Committee as per A. Approved Projections: 2nd Block Period
(Rs. In Crores)

2020-21 2021-22 2022-23 2023-24 2024-25 TOTAL FOB Value of Exports 107.36 112.73 118.37 124.28 130.49 593.23 FE Outgo 11.02 11.89 10.29 10.70 12.63 56.53 NFE 96.34 100.84 108.08 113.58 117.86 536.70

B. Performance as compared to projections: FY 2022-23 (Rs. In Crores) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 118.37 344.85 0 0 15.00 0 10.55 Total 118.37 344.85 0 0 15.00 0 10.55 C. Cumulative NFE achieved: FY 2022-23 (Rs. In Crores) Year 2022-23 826.11 95.80% File No.S-SEZ-MONT0QBXP/15/2022-JDCP I/3260/2023 37

D. Other Information:
LOA No. & Date LOA

No.

SEEPZ/NTPL- SEZ/L&TIL/44/2015-16/7793

dt. 11.05.2015 Location of Unit 2nd Floor, IT-08 & 09 Building Qubix Business Park Pvt. Ltd., Plot No.2, Rajiv

Gandhi

Infotech

Park, Hinjewadi, Phase I, Pune 411 057 Validity of LOA 01.01.2026 IT/ITES 02.01.2016 Execution of BLUT 12.02.2021 NA Labour Dues NA 15 years from 02.01.2016 NA Order/Recovery Notice/ Recovery Order issued, if any NA a) No. of employees as on 31.03.2023 1079 (Male:695, Female:384) 93497.04 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 86.65 Investment till date Building NA Plant & Machinery NA under Rule 34 (unutilized goods) NA 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 report vide letter dated 01.11.2023 has submitted (a) Details of year-wise export as per the prescribed format: I/3260/2023 38

(a) Export
(Rs. In Crore)
Year/Per iod Figures as per APR Figures as per Softex/SB / Customs Records Difference if any Reason for Difference/Remar k (1) (2) (3) (4) (5) 2022-23 344.84 340.00 4.84 The SEZ unit has provided onsite services for (+) Rs. 3.96 Cr (To softex) which is not included in the softex amount. (+) Rs. 2.23 Cr (To softex) difference is on account of rate exchange variation. Credit Note issued for (-) Rs. 1.35 Cr. (To softex). (b) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Crore) Year/Period Figures as per APR ( Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 2022-23 3.37 0.0 3.37 Difference of Rs. Rs. 3.37 Cr is on account of cumulative value for previous years shown in APR. I/3260/2023 39

(ii) Import of Raw material (Rs. In Crore)
Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 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 F. No. SEEPZ/NTPL- SEZ/L&TIL/44/2015-16 14508 dated 04/09/15 BLUT Amount Rs. 12.80 Cr. BLUT F. No. SEEPZ/NTPL- SEZ/L&TIL/44/Vol II 3417 2015- 16 dated 24/08/20 BLUT Amount of Rs. 11.21 Cr F. No. QBPL/LITL/76/2018-19 / 188 dated 12/02/21 BLUT Amount of Rs. 28.06 Cr TOTAL BLUT Rs. 52.07 Cr. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:. In Crore Yearwis e Goods Imported & indigenou s Services Imported and Indigenou s 2022- 23 0.75 3.41 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. No I/3260/2023 40

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 (a) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men 695 Women-384 Total 1079 (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. Foreign Remittance of Rs. 0.0089 Cr pending for realization towards onsite exports. However, no such extension required for onsite services. (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. All the softex during the period under consideration have been filed and the same have been approved. (d) Whether all Softex has been certified, if so till which month has the same been certified. If All softex has been certified. I/3260/2023 41

not, provide details of the Softex and 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. Details of goods (E Waste) cleared in DTA is as under; (In Crore) Year Value In Rs Duty In Rs. 2022-23 nil nil (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 No I/3260/2023 42

been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated. (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. DSPF has been filed and approved 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. Yes (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 Yes and permission has been obtained for the same. I/3260/2023 43

benefit availed ? details to be given including amount of duty / tax recovered or yet to be recovered (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. 344.85 Crores as against projected export of Rs. 118.37 Crores in the 3rd year of 2nd Block period (i.e. FY 2022-23) i.e. 291.33%.  The unit has achieved positive NFE of Rs. 826.11 Crores in the 3rd year of 2022-23 on cumulative basis. i.e. 95.80%  As per SO report the unit has 1079 employees (Male:695, Female:384) as on 31.03.2023 i.e. FY 2022-23.  Approval Committee may Monitor the performance of the unit for 3rd year of 2nd Block period i.e. FY 2022-23, in terms of Rule 54 of SEZ Rules, 2006. I/3260/2023 44

GOVT. OF INDIA,

a) Proposal: Monitoring of the performance of M/s. LTI Mindtree Ltd. an IT/ITES unit located in Qubix-SEZ, for FY 2022-23 (1st year of 2nd Block period) b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 1st year i.e. FY 2022-23 (1st year of 2nd Block period) in terms of Rule 54 of SEZ Rules, 2006. c) Relevant provisions: - Committee as per I. A. Approved Projections: (2nd block Period)
(Rs. In Crores)

2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL FOB Value of Exports 179.44 183.03 186.69 190.42 194.23 933.81 FE Outgo 8.95 9.04 9.13 9.22 9.31 45.65 NFE 170.49 173.99 177.56 181.20 184.92 888.16

B. Performance as compared to projections: FY 2022-23 (Rs. In Crores) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 179.44 177.03

1.31 0.00 5.63 Total 179.44 177.03

1.31 0.00 5.63 C. Cumulative NFE achieved: FY 2022-23 (Rs. In Crores) Year 2022-23 171.18 96.69% File No.S-SEZ-MONT0QBXP/12/2022-JDCP I/3261/2023 76

(d) Other Information:
LOA No. & Date LOA

No.

SEEPZ/NTPL- SEZ/L&TIL/50/2016-17

dt. 04.07.2016 Location of Unit 1st Floor, IT-08 Building, Qubix Business Park Pvt. Ltd., Rajiv Gandhi Infotech Park, Hinjewadi, Phase I, Pune 411 057 Validity of LOA 25.03.2028 IT/ITES 26.03.2018 Execution of BLUT 08.06.2020 NA Labour Dues NA 15 years from 01.07.2016 to 30.06.2030 NA Order/Recovery Notice/ Recovery Order issued, if any NA a) No. of employees as on 31.03.2023 486 (Male:320, Female:166) 44886.25 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 92.36 Investment till date Building NA Plant & Machinery NA under Rule 34 (unutilized goods) NA 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 report vide letter dated 01.11.2023 has submitted (a) Details of year-wise export as per the prescribed format: File No.S-SEZ-MONT0QBXP/12/2022-JDCP I/3261/2023 77

(a) Export

(Rs. In Crore)
Year/Per iod Figures as per APR (In Cr) Figures as per Softex/SB / Customs Records (In Cr) Difference if any (In Cr) Reason for Difference/Remar k (1) (2) (3) (4) (5) 2022-23 177.04 158.88 18.16 The SEZ unit has provided onsite services for (+) Rs. 15.37 Cr (To softex) which is not included in the softex amount. (+) to Softex (+) Rs. 5.64 Cr(To softex) difference is on account of rate exchange variation. Credit Note issued for (-) Rs. 2.85 Cr. (To softex) (b) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Cr)
Year/ Period Figures as per APR (In Cr) Figures as per Customs Records / Bond Register (In Cr) Differen ce if any Reason for Difference/Remark 2022-23 2.20 00 2.20 Difference of Rs. 2.20 Cr. is on account of cumulative value for previous years File No.S-SEZ-MONT0QBXP/12/2022-JDCP I/3261/2023 78

imports shown in APR. (ii) Import of Raw material (Rs. In Cr)
Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 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 F. No. SEEPZ/NTPL- SEZ/L&TIL/50/2016-17 dt. 14.10.2016 BLUT Amount Rs. 5.02 Cr. BLUT F. No. SEEPZ/NTPL- SEZ/L&TIL/50/2016-17 dt. 08.06.2020 BLUT Amount Rs. 6.30 Cr.. TOTAL BLUT Rs. 11.32 Cr. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:. In Crore Year wise Goods Imported & indigenou s Services Imported and Indigenou s 2022- 23 0.33 1.10 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 -320 Women-166 Total 486 File No.S-SEZ-MONT0QBXP/12/2022-JDCP I/3261/2023 79

(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. Nil (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. All the softex during the period under consideration have been filed and the same have been approved. (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 softex has been certified. (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 Offe Order No. 02/2023 dateded 160323, uplateding f BLUT nline is kepd in atebeyatenfe (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 Crore) Year Value Duty 2022-23 Nil Nil (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 No File No.S-SEZ-MONT0QBXP/12/2022-JDCP I/3261/2023 80

common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated. (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. DSPF has been filed and approved 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. Yes (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 Yes and permission has been obtained for the same. (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 File No.S-SEZ-MONT0QBXP/12/2022-JDCP I/3261/2023 81

d) ADC’s observations:  The Unit has achieved export revenue of Rs. 177.03 Crores as against projected export of Rs. 179.44 Crores for FY 2022-23 in the 1st year of 2nd Block period (i.e. FY 2022-23 to 2026-27) i.e. 98.66%.  The unit has achieved positive NFE of Rs. 171.18 Crores in the 1st year of FY 2022-23 on cumulative basis. i.e. 96.69%  As per SO report the unit has 486 employees (Male:320, Female:166) as on 31.03.2023 i.e. FY 2022-23.  Approval Committee may Monitor the performance of the unit for 1 year i.e. FY 2022-23 (1st year of 2nd Block period), in terms of Rule 54 of SEZ Rules, 2006. File No.S-SEZ-MONT0QBXP/12/2022-JDCP I/3261/2023 82

GOVT. OF INDIA,

a) Proposal: Monitoring of the performance of M/s. LTIMindtree Ltd. an IT/ITES unit located in Qubix-SEZ, for FY 2022-23 (5th year of 1st Block Period) b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 5th year i.e., FY 2022-23 (5th year of 1st Block Period). c) Relevant provisions: - Committee as per A. Approved Projections: 1st Block Period
(Rs. In Crores)

2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL FOB Value of Exports 37.15 70.78 102.24 102.24 102.24 414.65 FE Outgo 9.58 7.81 11.30 11.92 10.95 51.56 NFE 27.58 62.97 90.93 90.31 91.28 363.08

B. Performance as compared to projections: FY 2022-23 (Rs. In Crores) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 102.24 220.17 0.00 0.00 8.61 Total 102.24 220.17 10.10 0.00 8.61 C. Cumulative NFE achieved: FY 2022-23 (Rs. In Crores) Year 2022-23 459.52 95.50% File No.S-SEZ-MONT0QBXP/13/2022-JDCP I/3259/2023 38

D. Other Information:
LOA No. & Date LOA

No.

SEEPZ/QBPPL- SEZ/LTFL/70/2018-19

dt. 12.06.2018 Location of Unit 7th Floor, IT- 09 Building Qubix Business Park Pvt. Ltd., Plot No.2, Rajiv

Gandhi

Infotech

Park, Hinjewadi, Phase I, Pune 411 057 Validity of LOA 27.12.2023 IT/ITES 28.12.2018 Execution of BLUT 08.06.2020 NA Labour Dues NA 09 years from 13.06.2018 NA Order/Recovery Notice/ Recovery Order issued, if any NA a) No. of employees as on 31.03.2023 291 (Male:185, Female:106) 51379.91 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 176.56 Investment till date Building NA Plant & Machinery NA under Rule 34 (unutilized goods) NA 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 report vide letter dated 01.11.2023 has submitted (a) Details of year-wise export as per the prescribed format: I/3259/2023 39

(a) Export

     (Rs. In Crore)

Year/Per iod Figures as per APR Figures as per Softex/SB / Customs Records Differenc e if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2022-23 220.16 215.69 4.47 The SEZ unit has provided

onsite services for (+) Rs. 3.07 Cr (To softex) which

not included in the softex amount. (+) Rs. 2.07 Cr (To softex) difference is on account of rate exchange variation. Credit Note issued for (-) Rs. 0.67 Cr. (To softex). (b) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Crore) Year/Period Figures as per APR Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 2022-23 0.33 0.00 0.33 Difference of Rs. 0.33 Cr is on account of cumulative value I/3259/2023 40

for previous years imports. (ii) Import of Raw material (Rs. In Crore)
Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 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 F. No. SEEPZ/QBPPL- SEZ/LTFL/70/2018-19 /15602 dated 12/06/18 BLUT Amount Rs. 5.59 Cr. BLUT F. No. SEEPZ/QBPPL- SEZ/LTFL/70/2018-19 /1618
dated 03/06/19 BLUT Amount 4.91 Cr. TOTAL BLUT Rs. 10.50 Cr. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:. In Crore Year wise Goods Imported & indigenou s Services Imported and Indigenou s 2022- 23 0.00 1.54 Total 0.00 1.54 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, No I/3259/2023 41

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 (a) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men 185 Women-106 Total 291 (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. Foreign Remittance of Rs. 0.01 Cr pending for realization towards onsite exports. No such extension required for onsite services. (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. All the softex during the period under consideration have been filed and the same have been approved. (d) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex All softex has been certified. I/3259/2023 42

and 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 deded 16.03.23, uploeding of BLUT online is kepd in ebeyence. (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 Crore) Year Value Duty 2022-23 Nil NIL (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 No I/3259/2023 43

indicated. (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. DSPF has been filed and approved 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. Yes (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 / Yes and permission has been obtained for the same. I/3259/2023 44

tax recovered or yet to be recovered (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 d) ADC’s observations:  The Unit has achieved export revenue of Rs. 220.17 Crores as against projected export of Rs. 102.24 Crores in the 5th year of 1st Block period (i.e. FY 2018-19 to 2022-23) i.e. 215.35%.  The unit has achieved positive NFE of Rs. 459.52 Crores in the 5th year of 2022-23 on cumulative basis. i.e. 95.50%  As per SO report the unit has 291 employees (Male:185, Female:106) as on 31.03.2023 i.e. FY 2022-23.  Approval Committee may Monitor the performance of the unit for 5TH year of 1st Block period i.e. FY 2022-23, in terms of Rule 54 of SEZ Rules, 2006. I/3259/2023 45

GOVT. OF INDIA,

a) Proposal: Monitoring of the performance of M/s. LTIMindtree Ltd.. an IT/ITES unit located in Qubix-SEZ, for FY 2022-23 (4th year of 1st Block Period) b) Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 4th year i.e., FY 2022-23 of 1st Block period Relevant provisions: - Committee as per A. Approved Projections: 1st Block Period
(Rs. In Crores)

2019-20 2020-21 2021-22 2022-23 2023-24 TOTAL FOB Value of Exports 48.38 64.51 91.92 91.93 91.93 388.68 FE Outgo 10.19 6.53 9.50 10.43 8.99 45.64 NFE 38.19 57.99 82.43 81.50 82.94 343.04

B. Performance as compared to projections: FY 2022-23 (Rs. In Crores) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 91.93 88.02

10.66 0.18 2.10 Total 91.93 88.02

10.66 0.18 2.10 C. Cumulative NFE achieved: FY 2022-23 (Rs. In Crores) Year 2022-23 207.74 96.02% File No.S-SEZ-MONT0QBXP/14/2022-JDCP I/3262/2023 39

D. Other Information:
LOA No. & Date LOA

No.

SEEPZ-SEZ/QBPPL- SEZ/LTIL/76/2018-19 dt.03.01.2019 Location of Unit 7th Floor, IT- 08 Building Qubix Business Park Pvt. Ltd., Plot No.2, Rajiv

Gandhi

Infotech

Park, Hinjewadi, Phase I, Pune 411 057 Validity of LOA 15.09.2024 IT/ITES 16.09.2019 Execution of BLUT 13.02.2019 NA Labour Dues NA 09 years from 12.09.2019 NA Order/Recovery Notice/ Recovery Order issued, if any NA a) No. of employees as on 31.03.2023 749 (Male:533, Female:216) 22593.02 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 77.64 Investment till date Building NA Plant & Machinery NA under Rule 34 (unutilized goods) NA 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 report vide letter dated 01.11.2023 has submitted (a) Details of year-wise export as per the prescribed format: I/3262/2023 40

(a) Export
(Rs. In Crore)
Year/Per iod Figures as per APR Figures as per Softex/SB / Customs Records Difference if any Reason for Difference/Remar k (1) (2) (3) (4) (5) 2022-23 88.01 88.34 (-)0.33 The SEZ unit has provided onsite services for (+) Rs. 0.27 Cr (To softex) which is not included in the
softex amount. (+) Rs. 0.74 Cr (To softex) difference is on account of rate exchange variation. Credit Note issued for (-) Rs. 0.68 Cr. (To softex). (b) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Crore) Year/Period Figures as per APR Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 2022-23 0.46 0.00 0.46 Difference of Rs. 0.46 Cr is on account of I/3262/2023 41

cumulative value for previous years imports. (ii) Import of Raw material (Rs. In Crore)
Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 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 F. No. SEEPZ/QBPPL- SEZ/L&T/76/2018-19 dated 14/02/19 BLUT Amount Rs. 20.18 Cr. TOTAL BLUT Rs. 20.18 Cr. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:. In Crore Yearwis e Goods Imported & indigenou s Services Imported and Indigenou s 2022- 23 0.74 0.76 Total 0.74 0.76 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT No I/3262/2023 42

was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT (a) Employment made as on date (as on end of block period / year upto which monitoring is being done) Men 533 Women-216 Total 749 (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. Foreign remittance for Rs. 0.01 Cr. pending for realization for onsite export.
No extension required in case of onsite exports. (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. All the softex during the period under consideration have been filed and the same have been approved. (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 softex have been certified. I/3262/2023 43

(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 Offe Order No.TP 02/2023 dateded 16P03P23, uplTateding Tf BLUT Tnline is kepd in atebeyatenfeP (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 Crore) Year Value Duty 2022-23 Nil Nil (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 / No I/3262/2023 44

Approval letter to be indicated. (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. DSPF has been filed and approved 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. Yes (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 Yes and permission has been obtained for the same. I/3262/2023 45

duty / tax recovered or yet to be recovered (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. 88.02 Crores as against projected export of Rs. 91.93 Crores in 4th years of 1st Block i.e. 95.75%.  The unit has achieved positive NFE of Rs. 207.74 Crores in the Fourth year of 2022-23 on cumulative basis. i.e. 96.02%  As per SO report the unit has 749 employees (Male:533, Female:216) as on 31.03.2023 i.e. FY 2022-23.  Approval Committee may Monitor the performance of the unit for 4th year of 1st Block period i.e. FY 2022-23, in terms of Rule 54 of SEZ Rules, 2006. I/3262/2023 46

GOVT. OF INDIA,

a) Proposal: - Proposal submitted by M/s. LTIMindtree Limited, IT/ITES Units for Merger of LOAs of their 7 existing units located at Qubix Business Park Private Limited – SEZ.

b) Specific Issue on which decision of Approval Committee is required: -

Approval of the Committee for merger of Seven LOAs of M/s. LTIMindtree Limited located Qubix Business Park Private Limited – SEZ, in terms of 4th proviso of Rule 19(2) of SEZ Rules, 2006.

M/s LTI Mindtree are having 7 units located at Qubix Business Park Pvt. Ltd. In terms of 4th proviso to Rule 19(2) units with two or more LOAs of the same company and falling within the same SEZ can merge their LOAs with the approval of the Approval Committee and after merger the block period for calculation of NFE shall be from the date of commencement of production of the Unit which commenced operation first.

In view of the above LTIMindtree who are having 7 units within the same SEZ has submitted application for merger of the units. The details of commencement of production in respect of the 7 units are as detailed below :

Unit LOA NO. and Date Date of Commence- ment LOA Valid upto Block Period Located at Area Sqft 1 SEZ/PUNE/10D/ 2010- 11/7042 dt. 24.08.2010 07.04.2011 06.04.2026 3rd 2nd & 3rd Floor, IT-06 Building 76064 2 SEEPZ-SEZ/FIPL- SEZ/ LTIL/17/2011- 12/ 15891 dt. 18.10.2011 25.04.2013 24.04.2028 2nd 4th Floor, IT- 06 Building 38031.92 3 SEEPZ/NTPL-SEZ/ L&TIL/35/2013-14/ 14319 dt. 19.12.2013 01.10.2014 30.09.2024 2nd 5th Floor, IT- 06 Building 35844 4 SEEPZ/NTPL-SEZ/ L&TIL/44/2015-16/ 7793 dt. 11.05.2015 02.01.2016 01.01.2026 2nd 2nd Floor, IT- 08 & 09 Building 93497.04 5 SEEPZ/NTPL-SEZ/ L&TIL/50/2016-17
dt. 04.07.2016 26.03.2018 25.03.2028 1st 1st Floor, IT- 08 Building 44886.25

6 SEEPZ/QBPPL- SEZ/LTFL/70/2018- 19 dt. 12.06.2018 28.12.2018 27.12.2023 1st 7th Floor, IT- 09 Building 51379.90 7 SEEPZ-SEZ/QBPPL- SEZ/LTIL/76/2018- 19 dt.03.01.2019 16.09.2019 15.09.2024 1st 7th Floor, IT- 08 Building 22593.02

M/s. LTIMindtree Limited, Unit 1 was issued Letter of Approval No. SEZ/PUNE/10D/ 2010- 11/7042 dt. 24.08.2010. Their date of Commencement of Business is 07.04.2011. Hence, post-merger the operation of all the remaining 6 units viz Unit 2 to Unit 7 will not be operational and will be merged with Unit 1.

c) Comparative statement of Approved foreign exchange projections of all the 7 Units and revised projections

(Rs. In Cr.)

Description Existing Approved Projections of 7 Units of LTI Mindtree Ltd TOTAL Revised Project- ions post-Merger
UNIT
1 2 3 4 5 6 7

LOA NO 10D 17 35 44 50 70 76

Area
(Built up area)
Sq. ft 76064 38031.92 35844 93497 44886.25 51379.91 22593 362296.14 362296.14

Employment Men 637 914 240 552 380 460 340 3523 4849 Women 283 445 110 348 190 190 230 1796 2319 Total 920 1359 350 900 570 650 570 5319

Investment-Plant and Machinery (In Crores) UNIT 1 2 3 4 5 6 7 TOTAL

Indigenous Capital Goods 7.50 3.34 3.42 6.5 5.09 13.67 10.33 49.85 111.16 Imported Capital Goods 9.00 1.48 17.09 15 1.31 10.1 10.66 64.64 139.07 Total 16.50 4.82 20.51 21.50 6.40 23.77 20.99 114.49 250.23

Input of Services (In Crores) Imported Services 196.79 35.91 NA NA 44.34 NA NA 277.04 771.66

Indigenous Services 45.15 5.72 NA NA 17.53 NA NA 68.40 147.96 Total 241.94 41.63

61.87

345.44 919.62

The LOA of unit 1 was renewed on 24.08.2021 for 3rd block period (i.e FY 2021- 22 TO FY 2025-26) which will be considered for the purpose of calculation of Net Foreign Exchange, after the merger.

Approved Projections: (Unit 1 - 3rd Block Period)
(Rs. In Crores) LOA NO.

2021-22 (Actual) 2022-23 (Actual) 2023-24 (Projected) 2024-25 (Projected) 2025-26 (Projected) Unit – 1
10D FOB Value of Exports 557.67 712.51 560.94 588.99 618.43

FE Outgo 0 1.49 41.26 43.23 45.29

NFE 557.67 711.02 519.68 545.76 573.14

Unit – 2
(17) FOB Value of Exports 177.52 295.19 181.07 184.69

FE Outgo 0.75 0.18 9.06 9.16

NFE 176.77 295.01 172 175.53

Unit – 3
(35) FOB Value of Exports 160.22 174.62 80

FE Outgo 0 0 5.83

NFE 160.22 174.62 74.17

Unit – 4
(44) FOB Value of Exports 320.3 344.85 124.28 130.49

FE Outgo 0 0 10.7 12.63

NFE 320.3 344.85 113.58 117.86

Unit – 5
(50) FOB Value of Exports 175.92 177.03 183.03 186.69 190.42

FE Outgo 0 0 9.04 9.13 9.22

NFE 175.92 177.03 173.99 177.56 181.2

Unit – 6
(70) FOB Value of Exports 173.42 220.17

FE Outgo 0 0

NFE 173.42 220.17

Unit – 6
(76) FOB Value of Exports 77.49 88.02 91.93

FE Outgo 0 0.18 8.99

NFE 77.49 87.84 82.94

Total of all the units when added to Unit No. – 1 :

LOA NO.

2021-22 (Actual) 2022-23 (Actual) 2023-24 (Projected) 2024-25 (Projected) 2025-26 (Projected) Unit – 1
10D FOB Value of Exports 1642.54 2012.39 1221.25 1090.86 808.85

FE Outgo 0.75 1.85 84.88 74.15 54.51

NFE 1641.79 2010.54 1136.36 1016.71 754.34

Approved Projections for 3rd block Period of Unit I (Rs. In Crores)

Revised Foreign Exchange Projections submitted post-merger for Unit – 1 for current Block period FY 2021-22 to FY 2025-26 :

Description 2021-22 (Actual)
2022-23 (Actual) 2023-24 2024-25 2025-26 Total FOB value of Exports 1642.54 2012.39 2113 2218.65 2329.59 7931.41 FE Outgo 0.75 1.85 211.3 221.86 232.96 667.59 NFE Earnings 1641.79 2010.54 1901.7 1996.79 2096.63 7263.82

Cumulative NFE achieved by all the 7 units during the FY 2022-23 (Rs. In Crores) UNIT 1 2 3 4 5 6 7 LOA No. 10D 17 35 44 50 70 76 Cumulative NFE
Amount 1214.72 722.48 551.6 826.11 171.18 459.52 207.74 %age 95.63% 95.66% 94.88% 95.80% 96.69% 95.50% 96.02%

Relevant Provisions: -

As per the 4th proviso of Rules 19 (2) of SEZ Rules, 2006;

“Provided also that the Approval Committee may also approve proposal for merger of Letter of approvals of two units of the same company or firm subject to the conditions that these Units falls within the same Special Economic Zone and after merger, Block Period for calculation of Net Foreign Exchange shall be from the date of commencement of production of Unit which commenced operation first and the Income tax exemption period shall be considered from the date start of operation of the first Unit.”

• Reason for Merger: They are planning to merge all the seven units; ➢ Ease of doing business and smoothen the accounting of the said units ➢ To Track the movement of goods

• Documents Enclosed The unit has submitted the following documents:

a. Self attested copies of LOA of all the units b. Copy of Form F and Form F1 of all the units for setting up and renewal of all the units c. Copy of renewed LOA d. Copy of last audited APRs of all the units e. Projections submitted during setting up of SEZ Unit I to Unit VII f. Actual performance for completed years of all the units g. Copy of Board resolutions authorized persona as authorized signatory h. Date of commencement of operations of all the units.

d) ADC observations:

➢ As Date of Commencement of Unit 1 is 07.04.2011, upon merger of all the Seven LOAs of the unit, the block period of Unit-1 will be considered for calculating NFE of the merged units i.e., FY 2021-22 to FY 2025-26. ➢ The Projections of Exports, NFE and Employment after Post merger of all the 7 units is higher than the projections approved by the units prior to merger. ➢ The Approval Committee may kindly consider the proposal of the units for merger of their LOAs, in terms of 4th proviso of Rule 19(2) of SEZ Rules, 2006.

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1 Value of BLUT Executed (Duty foregone) (including for CG/ Raw Material/ Services) Value of Additional BLUT executed

Year: Date of acceptance

Year: Date of acceptance

AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 179.44 177.03

1.31 0.00 5.63 Total 179.44 177.03

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 91.93 88.02

10.66 0.18 2.10 Total 91.93 88.02

Unit – 2 (17) FOB Value of Exports 177.52 295.19 181.07 184.69

FE Outgo 0.75 0.18 9.06 9.16

NFE 176.77 295.01 172 175.53

Unit – 3 (35) FOB Value of Exports 160.22 174.62 80

FE Outgo 0 0 5.83

NFE 160.22 174.62 74.17

Unit – 4 (44) FOB Value of Exports 320.3 344.85 124.28 130.49

FE Outgo 0 0 10.7 12.63

NFE 320.3 344.85 113.58 117.86

Unit – 6 (70) FOB Value of Exports 173.42 220.17

FE Outgo 0 0

NFE 173.42 220.17

Unit – 6 (76) FOB Value of Exports 77.49 88.02 91.93

FE Outgo 0 0.18 8.99

NFE 77.49 87.84 82.94

Unit – 2
(17) FOB Value of Exports 177.52 295.19 181.07 184.69

Unit – 3
(35) FOB Value of Exports 160.22 174.62 80

Unit – 4
(44) FOB Value of Exports 320.3 344.85 124.28 130.49

Unit – 6
(70) FOB Value of Exports 173.42 220.17

Unit – 6
(76) FOB Value of Exports 77.49 88.02 91.93