Agenda for Approval Committee meeting for SEZ Pune Cluster scheduled on 05 July 2024. — 06-6-embassy-pune-techzone-pvt-ltd-sez

SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

AGENDA FOR

MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE OF M/S. EMBASSY PUNE TECHZONE PVT. LTD.-SEZ

DATE : 05.07.2024

TIME : 11:00 A.M.

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MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE, UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 05.07.2024

INDEX

Agenda Item No.

Subject

Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 30.05.2024 Agenda Item No. 02: - Monitoring of Performance for M/s. CalSoft Pvt Ltd. (LOA-29)

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ममससर एम्मसस पपुम टमकजजो पप्रमट लललमटमड-एसईजमड कम आईटट-आईटटईएस समकटटर कम वरलशि वरशमष आलररक कमत कम ललए कमतस् वरकपस आ्पु ससीप-एसईजमड, मपमुं्ई कक अध्कषप मम 30.05.2024 कज आ्जोजजष अोपमजदो सलमलष कक 95 रसमुं ्बैक कप वररटरु। 1 समप कप ोपम मेससर. एम्बेसी पɸुणेपट ेकज़ोनप्र.पललिलमट ेड-एसईजेड 2 समकटटर आईटट/आईटटईएस 3 ्बैक क 95 रसमुं 4 षपटरटख 30.05.2024

उपसससत सदसय

कमपमुंक ो. ोपम औटर पदोपम (एस/शस.)
वरभपग 1 शसमषस लमषल हहिटरमै समुं्पु वरकपस आ्पु पपुम पपुम कलसटटर एसईजमड, पपुम 2 डड. हदलसटरपज दपभजलम, उप लोदमशक डटजसएफटट, पपुम डटजसएफटट वरभपग सम ोपलमष 3 शसमषस अररोप पटर् सहिप्क आ्पु, आ्कटर वरभपग आ्कटर वरभपग सम ोपलमष

4 शसमषस मपलषस जम.पोप्टर, अधसकक ससमप शपल्क वरभपग पपुम सम ोपलमष

वविशशष आममंवत्रित

क. ननाम एविमं पदननाम (शश/ शशमतश) वविभनाग 1 शश सतबशर शमनाा वविवनवदाष धधिकनारश ससीप-एसईपमड, पपुणश क्लसटर

एजजडना आइटम नमंबर 01: वदननामंक 28.03.2024 कक आयकधजत 94 विव बबठक कश कनायाविवृत कक पपुवष

  वररपटर-वरमशर कम ्पद, सलमलष ोम 28.03.2024 कज आ्जोजजष 94 रसमुं अोपमजदो सलमलष कक ्बैक

कम कप्रवत कक पपवि कक।

एजेडरपआइट मपनंबरप02: मेससरपएम्बेसी पɸुणेपट ेकज़ोनप्रइाेट पललिलमट ेडप(डेालिɸर) पद्ारररपएसईजेड File No.S-SEZ-MINS0EPTP/1/2022-JDCP I/4394/2024 367

ɸररसरपमेपईाी पचरररजरगपसट ेशनपस्रपɸिपकरनेपकेपललिएपपािकेिरपकोपननलमरिपस्रनपɸटेपɸरपदेनेपके अनुमोदनपकेपललिएपआाेदनप्सिुिपककिरपगिर। वररपटर-वरमशर कम ्पद, सलमलष ोम एसईजमड लो्म, 2006 कम लो्म 11(5) कम अोपसपटर, एसईजमड परटरसटर मम ईरस रपहिो रपोजजरग सटमशो सपवरधप सरपवपष कटरोम कम ललए वरकमषप कज लोलमरष सरपो पट्टम पटर दमोम कम पसषपर कज ममुंजमटरट दम दट। जबसप हक ोसरम ्षप्प ग्प हिब:

क वरकमषप कप ोपम गलषवरलध जगहि कमत 1 ममससर रटरलप्मुंस ्सपस मजव्ललटट लललमटमड ईरस रपहिो रपोजजरग सटमशो

सरपवपष कटरोप ब्लडक ोमुं. 1.3, कपमुंगज, एलटट रम कम पपस ्मसममट पपहकरग, एम्मसस पपुम टमकपजो पप्रमट लललमटमड-एसईजमड 200 Sq.ft

एजेडरपआइट मपनंबरप03: मेससरपाोकसावगनपगुɸपट ेकनोलिलजी पसललिूशंसपइंडडिरप्रइाेट पललिलमट ेडपके ɸरफलमरसपकरपमोननिटंग।

वररपटर-वरमशर कम ्पद, सलमलष ोम एसईजमड लो्म, 2006 कम लो्म 54 कम अोपसपटर ्कपई कम पदशरो कज ोजट हक्प। जबसप हक ोसरम ्षप्प ग्प हिब : i. पहिलस ब्लडक अरलध कप आोजख़िटरट वरत रषर ्पोस 2018-19 औटर ii. दमसटरम ब्लडक अरलध कम रपटर वरत रषर ्पोस 2019-20 सम 2022-23

• ्मलोट ोम पहिलस ब्लडक अरलध कप आोजख़िटरट वरत रषर 2018-19 मम समुंर्स आधपटर पटर 108.53 कटरजड़ रुप्म कप लो्परष हिपलसल हक्प हिब। • ्मलोट ोम वरत रषर 2018-19 मम समुंर्स आधपटर पटर 312.76 कटरजड़ रुप्म ्पोस 85.51% कप सकपटरपत्मक एो.एफ.ई (ोमट वरदमशस ममल्् (हिपलसल हक्प हिब।

• ्मलोट ोम दमसटरम ब्लडक अरलध कम वरत रषर 2022-23 मम समुंर्स आधपटर पटर, 1285.52 कटरजड़ रुप्म कम अोपमपलोष लो्परष कम मपकप्लम 995.67 कटरजड़ रुप्म कप लो्परष हिपलसल हक्प हिब। • ्मलोट ोम दमसटरम ब्लडक अरलध कम वरत रषर 2022-23 मम समुंर्स आधपटर पटर 913.56 कटरजड़ रुप्म ्पोस 91.76% कप सकपटरपत्मक एो.एफ.ई (ोमट वरदमशस ममल्् (हिपलसल हक्प हिब।

• ्मलोट ोम 1455 कमरपरटर्य (पपरुष-1056, महहिलप-399) कज टरजजगपटर हद्प।

्सकम अलपरप, सलमलष ोम पप्प हिब हक, ्मलोट ोम ोसरम ्षपए अोपसपटर डटटटए व्कक कक हिब औटर आईएोआटर मम भपगषपो पपप हक्प हिब।

(Rs. In Crores)

Financial Year DTA sales Value File No.S-SEZ-MINS0EPTP/1/2022-JDCP I/4394/2024 368

2018-19 9.30 2019-20 10.10 2020-21 15.15 2021-22 19.90 2022-23 12.63 Total 67.08

       एसईजमड अलधलो्म, 2005 कक धपटरप 2 (जमड) मम दट गई परटरभपषप कम अोपसपटर आईएोआटर कम

मपकप्लम डटटटए मम "समरपएमुं" पदपो कटरोप 'समरपामुं' कम रप मम ्जग् ोहिटमुं हिब, ्मलोट ोम एसईजमड अलधलो्म औटर लो्मय कम पपरधपोय कप उल्लमुंघो हक्प हिब औटर ्सललए सलमलष ोम वररपटर-वरमशर कम ्पद, एसईजमड अलधलो्म/लो्मय कम वरलभिन्ो पपरधपोय कम उल्लमुंघो औटर वरदमशस व्पपपटर (वरकपस औटर वरलो्मो) अलधलो्म, 1992 कम षहिष ्कपई कम ोजखलपफ कपटररपई शपर कटरोम कप लोदरश हद्प ग्प।

्सकम अलपरप, ्कपई कज भवरष् मम समपो एसईजमड अलधलो्म/लो्मय कप उल्लमुंघो ोहिटमुं कटरोम कम समुं्मुंध मम ररो पत पसषपष कटरोम कप लोदरश हद्प ग्प हिब।

एजेडरपआइट मपनंबरप04: मेससरपमलसरडी ज-बेजपररसचरपएंडपडेालिɸमेट पइंडडिरप्र.पललिलमट ेडपकेपɸरफलमरस करपमोननिटंग।

वररपटर-वरमशर कम ्पद, सलमलष ोम एसईजमड लो्म, 2006 कम लो्म 54 कम अोपसपटर, दमसटरम ब्लडक अरलध कम वरत रषर 2021-22 सम 2022-23 षक, ्पलो 2 रषर कम ललए ्मलोट कम परफफमरमंस कज ोजट हक्प। • ्मलोट ोम दमसटरम ब्लडक अरलध कम वरत रषर 2022-23 मम समुंर्स आधपटर पटर 365.36 कटरजड़ रुप्म कम अोपमपलोष लो्परष कम मपकप्लम 364.56 कटरजड़ रुप्म कप लो्परष हिपलसल हक्प हिब। • ्मलोट ोम दमसटरम ब्लडक अरलध कम वरत रषर 2022-23 मम समुंर्स आधपटर पटर 453.53 कटरजड़ रुप्म ्पोस 89.86% कप सकपटरपत्मक एो.एफ.ई (ोमट वरदमशस ममल्् (हिपलसल हक्प हिब।

• ्मलोट ोम 516 कमरपरटर्य (पपरुष-427, महहिलप-89) कज टरजजगपटर हद्प।

एजेडरपआइट मपनंबरप05: मेससरपमलसरडी ज-बेजपररसचरपएंडपडेालिɸमेट पइंडडिरप्रइाेट पललिलमट ेडपद्ाररर ननदेशकपमंडलिपमेपबदलिरापकेपअनुमोदनपकेपललिएपआाेदनप्सिुिपककिरपगिर।

वररपटर-वरमशर कम ्पद, सलमलष ोम MOC&I दपटरप जपटरट लोदरश 109 हदोपमुंक 18.10.2021 कम अोपसपटर, लोदमशक ममुंडल मम ्दलपर कम ललए ्मलोट कम पसषपर कज ममुंजमटरट दम दट, जबसप हक ोसरम ्षप्प ग्प हिब:

क ननदेशकंपकरपनरम ɸदपकरपनरम 1. मोप टरपमरिन्द सपलम ससएफा औटर प्मुंध लोदमशक File No.S-SEZ-MINS0EPTP/1/2022-JDCP I/4394/2024 369

2 महिमश ोमुंदकपमपटर ममढमकटर पमुरकपललक लोदमशक 3. टडसटरो एडटर लोदमशक 4. सरमो मबगोस ासट्गर लोदमशक 5. उल्फ ोमसलटर लोदमशक

्सकम अलपरप अोपमजदो सलमलष ोम सहि-डमरलपटर कज लोदरश हद्प हक रहि & MOC I दपटरप जपटरट लोदरश समुंख््प 109 मम लोधपरटरष शषर कप पपलो कटरम।

अध्क कज धिन््रपद जपपो कम सपर ्बैक समपप हिपई।

Minutes of the 95th 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 M/s. Embassy Pune TechZone Pvt. Ltd.-SEZ, Pune, held on 30.05.2024. 1 Name of the SEZ M/s. Embassy Pune TechZone Pvt. Ltd.-SEZ 2 Sector IT/ITES 3 Meeting No. 95th 4 Date 30.05.2024

Members present

Sr Name and Designation (S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Dr. Dileeraj Dabhole, Dy. DGFT Nominee of DGFT, Pune 3 Smt. Archana Parab Asst. Commissioner, IT Nominee of Income Tax, Pune 4 Smt. Malathi J. Nair Superintendent Nominee of Customs, Pune

Special Invitee

Sr Name and Designation Department 1 Shri Satbir Sharma, Specified Officer SEEPZ-SEZ, Pune Cluster

Agenda Item No.01: Confirmation of Minutes of the 94th meeting held on File No.S-SEZ-MINS0EPTP/1/2022-JDCP I/4394/2024 370

28.03.2024

After deliberation, the Committee confirmed the minutes of the 94th Approval Committee meeting held on 28.03.2024

Agenda Item No. 02: Application for Approval of Leasing out built up space to vendor for setting up EV charging station in SEZ premises submitted by M/s. Embassy Pune TechZone Pvt Ltd. (Developer)

      After deliberation, the Committee approved the proposal of the Developer for

leasing out built up space to vendor for setting up EV vehicle charging station facility in SEZ premises as per issued instruction time to time by ministry of commerce and Industries, in terms of Rule 11(5) of SEZ Rules, 2006, as detailed below:

Sr. No. Name of the Vendor Activity Location Area. 1 M/s. Reliance BP Mobility Ltd To set up EV vehicle charging station Block no. 1.3, Congo, Basement Parking near LT room, Embassy Pune TechZone Pvt Ltd.-SEZ 200 Sq.ft

Agenda Item No. 03: Monitoring of Performance for M/s. Volkswagen Group Technology Solutions India Pvt Ltd.

After deliberation, the committee noted the performance of the unit, in terms of Rule 54 of SEZ Rules, 2006, for a. Last year i.e., FY 2018-19 of 1st block period and ii. 4 years from FY 2019-20 to 2022-23 of 2nd Block period • In last year i.e., FY 2018-19 of 1st block period the unit has achieved export of Rs. 108.53Cr. against the projected export of Rs. 99.30Cr. • In last year i.e., FY 2018-19 of 1st block period, the unit has achieved positive NFE of Rs. 312.76 Cr. i.e., 85.51% on cumulative basis. • In FY 2022-23 of 2nd block period the unit has achieved export of Rs. 995.67 Cr. Against the projected export of Rs. 1285.52 Cr. On cumulative basis. • In FY 2022-23 of 2nd block period the unit has achieved positive NFE of Rs. 913.56Cr. i.e., 91.76% on cumulative basis. • As per SO report the unit has achieved employment of 1455 (men-1056, Women-399)

Further, the committee has observed that, the unit has made DTA sale as detailed below and received payment in INR.:

                                                               (Rs. In Crores)

Financial Year DTA sales Value 2018-19 9.30 2019-20 10.10 2020-21 15.15 File No.S-SEZ-MINS0EPTP/1/2022-JDCP I/4394/2024 371

2021-22 19.90 2022-23 12.63 Total 67.08

Since providing of “Services” in DTA against INR does not qualify as ‘Services’ as per definition given in Section 2(z) of the SEZ Act, 2005, Unit has violated the provisions of SEZ Act & Rules and hence Committee after deliberation, directed to initiate action against the unit for violation of various provision of SEZ Act / Rules and under Foreign Trade (Development and Regulation) Act, 1992.

Further, the unit has been directed to submit the undertaking regarding, not violating same SEZ Act/ Rules in future.

Agenda Item No. 04: Monitoring of Performance for M/s. Mercedes-Benz Research and Development India Pvt. Ltd.

After deliberation, the committee noted the performance of the unit for 2 years i.e., from FY 2021-22 to 2022-23 of 2nd Block period, in terms of Rule 54 of SEZ Rules, 2006. As detailed below:

• The unit has achieved export of Rs. 364.56Cr against the projected export of Rs. Rs. 365.36 Cr in FY 2022-23 on cumulative basis. • The unit has achieved NFE of Rs. 453.53 Cr i.e, 89.86% in FY year 2022-23 on cumulative basis. • The unit has achieved employment of 516 employees (Men-427, Women-89)

Agenda Item No. 05: Application for approval of Change in Board of Director submitted by M/s. Mercedes-Benz Research and Development India Pvt. Ltd.

After deliberation, the committee approved the proposal of the unit for change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021 issued by MOCI, as detailed below:

Approved List of Board of Directors: Sr. No. Name of the Director Designation 1. Manu Ramachandra Saale CFO and Managing Director 2. Mahesh Nandkumar Medhekar Wholetime Director 3. Torsten Eder Director 4. Sven Magnus Ostberg Director 5. Ulf Nestler Director

File No.S-SEZ-MINS0EPTP/1/2022-JDCP I/4394/2024 372

The approval is subject to the conditions as laid down in Instruction No. 109, as applicable, issued by MOC&I dated 18.10.2021.

Meeting ended with a vote of thanks to the Chair.

(ज्ञरनेश्वारपबी .पɸरट ीलि, आईएएस) (Dnyaneshwar B. Patil, IAS) अध्िक एांपपाकरसपआिुकि Chairman-cum- Development Commissioner

File No.S-SEZ-MINS0EPTP/1/2022-JDCP I/4394/2024 373

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

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal: Monitoring of the performance of M/s. CalSoft Pvt Ltd. an IT/ITES unit located in M/s. Embassy Pune TechZone Pvt Ltd-SEZ, for 4 years from 2019- 20 to 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 4 years from 2019-20 to 2022- 23 of 1st 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”.

A. Original Approved Projections: (1st block Period) (Rs. In Cr.)

2019-20 2020-21 2021-22 2022-23 2023-24 Total FOB value of export 15.68 50.40 60.48 70.56 80.64 277.76 FE outgo 3.49 0.21 0.09 0.33 0.30 4.42 NFE 12.19 50.19 60.39 70.23 80.34 273.34

B. Performance as compared to projections: FY 2021-22 to 2022-23
(Rs. In Cr.)

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2019-20 15.68 6.31 0.00 0.00 4.42 0.74 0.07 2020-21 50.40 26.03 (0.12) 1.24 2021-22 60.48 38.15 1.57 1.30 2022-23 70.56 77.28 0.43 5.11 Total 197.12 147.77 0.00 0.00 4.42 2.62 7.72

File No.S-SEZ-MONT0EPTP/1/2024-JDCP-SEEPZ-MUMBAI

C. Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 6.17 97.78 2020-21 30.90 95.55 2021-22 67.53 95.80 2022-23 139.44 94.36

d. Other Information:

LOA No. & Date LOA No. SEEPZ-SEZ/EOPPL- SEZ/CPL/25/2018-19/560 dated 25.10.2018 Location of Unit 7th Floor, Wing B, Congo Building and 1st Floor, Wing B, Mississippi Building, Embassy Pune TechZone Pvt Ltd.-SEZ, RGIP, Hinjewadi, Pune-411057 Validity of LOA 31.07.2024 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 01.08.2019 Execution of BLUT Rs.19.79 Cr. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 30.04.2029 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Employment for the block period No. of employees as on 31.03.2023 206 (Men-147, Women-59) Area allotted (in sq.ft.) 24,466 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 118.76 Sq. Ft. Investment till date

Building NA Plant & Machinery 2.74 Crore

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 28.06.2024 has reported as detailed below: a. Export From the year 2019-20 to FY 2022-23 (Rs. In Cr)

Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2019- 2020 6.31 6.28 0.03 (+ 00.03) Difference on account of Exchange rate

2020- 2021 26.03 24.66

1.37

   (+ 00.21)

Difference on account of Exchange rate (- 00.70) Credit Notes issued (+ 01.83) Onsite Services (+ 00.03) DTA Services erroneously added to FOB, the same is reported in DTA Sales

2021- 2022 38.15 38.31 (- 0.16) (+ 00.35) Difference on account of Exchange rate

(- 01.10) Credit Notes issued (+ 00.56) Onsite Services (+ 00.03) DTA Services erroneously added to FOB, the same is reported in DTA Sales

2022- 2023 77.28 76.39 0.89 (- 01.62) Difference on account of Exchange rate (- 04.30) Credit Notes issued (+ 05.22) Onsite Services (+ 01.59) DTA Services erroneously added to FOB, the same is reported in DTA Sales

b. Import i. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2019-20 to FY 2022-23 (Rs. In Cr) Year/ Period Figures as per Revised APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2019- 2020 0.74 0.74 0 NA 2020- 2021 (-0.12) (-0.12) 0 Intra SEZ Transfer 2021- 2022 1.57 0 1.57 (+ 01.57)

Received in STPI Unit, erroneously reported in APR 2022- 2023 0.43 0.25 0.18 (+ 00.18) Received in STPI Unit, erroneously reported in APR

c. BLUT (Rs. In Crores)

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

TOTAL Duty value of BLUT Executed

Bond Balance FY. 2019-2020 F. No. SEEPZ-SEZ/EOPPL- SEZ/CPL/25/2018-19/1723 Dated 27-06-2019.

Rs. 19.79

Rs. 18.12 2 Total Duty Foregone on goods & services procured Category Wise:

Year Wise

(Rs. In Cr) F.Y. Goods Services Imp. & Ind. 2019-2020 0.39 0.04 2020-2021 0.01 0.34 2021-2022 0 0.35 2022-2023 0.10 0.44 Total 0.50 1.17

3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT No

(d) Employment made as on date (as on end of block period / year up to which monitoring is being done) FY 2019-2020 Men: 52 Women: 28 Total: 80

FY 2020-2021 Men: 221 Women: 62 Total: 283

FY 2021-2022

Men: 186 Women: 77 Total: 263

FY 2022-2023 Men: 147 Women: 59 Total: 206 The said figures are verified on the

basis

of

information submitted by the SEZ Unit (e) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2023) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No Foreign Remittance is pending. (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 (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 the Softex Forms has been certified. (h) Whether unit has filed any request for Cancellation of Softex FY Realisable Value 2020-21 0.80 2021-22 0.82 2022-23 12.22** Total 13.84

• Yes 104 Nos. of Softex put up for cancellation ** From the total of 12.22 Cr value, the Softex cancellation for currency change is of 8.52 Cr which will be resubmitted for value 6.36 Cr. (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) (Rs. In Cr) FY Sales Value 2019-20 2.95

2020-21 19.03 2021-22 24.67 2022-23 25.35 Total 72.00

(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 No (l) Is the unit sharing any of their infrastructures with other units or are utilizing infrastructure of another unit in the same or other SEZ? If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated No (m ) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. Yes (n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. If no, details thereof Yes (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No Request ID is pending for OOC. (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 No

been issued, or otherwise Whether unit has availed any duty paid goods / services for setting up such facility? If yes, whether unit has discharged such duty / tax benefit availed? details to be given including amount of duty / tax recovered or yet to be recovered No (q) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring NA

e. ADC’s observations:

• The unit in 4th year i.e., FY 2022-23 of 1st block period has achieved export revenue of Rs.147.77 Cr. against the projected export of Rs. 197.12 Cr. i.e., 74.97%. on cumulative basis. • The unit has achieved positive NFE of Rs. 139.44 Cr. i.e., 94.36% in FY 2022-23 on cumulative basis. • As per SO report the unit has achieved employment of 206 employees (Men- 147, Women-59) • Further, it is observed from the SO Report that, the unit has made DTA sale as detailed below and received payment in INR.:

                                                               (Rs. In Crores)

Financial Year DTA sales Value 2019-20 2.95 2020-21 19.03 2021-22 24.67 2022-23 25.35 Total 72.00

• Since providing of “Services” in DTA against payment received in INR does not qualify as ‘Services’ as per definition given in Section 2(z) of the SEZ Act, 2005, The unit has made violation of various provision of SEZ Act / Rules and under Foreign Trade (Development and Regulation) Act, 1992.

• Approval committee may kindly monitor the performance of the Unit for 4 years from 2019-20 to 2022-23 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006.