IN FORCE SEZ / EOU / FTWZ 2025-02-19

Agenda for Approval Committee meeting for SEZ Pune Cluster scheduled on 21 February 2025. — 04-2-eon-i

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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. EON KHARADI INFRASTRUCTURE PVT. LTD.-SEZ, PHASE I.

DATE : 21.02.2025

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 21.02.2025 INDEX

Agenda Item No.

Subject Agenda Item No. 01 :- Confirmation of the Minutes of the meeting held on 17.01.2025 Agenda Item No. 02 :- Action taken report for the Minutes of the meeting held on 17.01.2025 Agenda Item No. 03 :- Monitoring of Performance for M/s.CA India Technologies Pvt. Ltd Agenda Item No. 04 :- Monitoring of Performance for M/s. Global Advertisement Services Pvt. Ltd. Agenda Item No. 05 :- Monitoring of Performance for M/s. Credit Suisse Services India Pvt. Ltd

मैसस ईओएन खराडी इंाचर ा. लमटेड-चरण- I एसईजेड, खराड़ी, पुणे, के आईट"-आईट"ईएस सेटर के #वश& #वशेष आ(थक +े, के लए +े,ीय #वकास आयु. सी/ज़-एसईजेड, मुंबई क2 अ4य+ता म6 17.01.2025 को आयो8जत अनुमोदन सम#त क2 124व: बैठक का #ववरण�1 एसईजेड का नाम मैसस.ईओएन खराडी इंाचर ा. लमटेड-एसईजेड, चरण I 2 +े, आईट"/आईट"ईएस 3 मी<टग नं 124 वी 4 तारीख 17.01.2025

उप?थत सदय: @. नाम और पदनाम (एस/Bी.)
#वभाग 1 Bीमती मतल #हरेमठ, संयु. #वकास आयु. पुणे लटर एसईजेड, पुणे 2 Bी संजय बांगर, उप #नदेशक उEोग, उEोग #वभाग, पुणे +े, महाराF सरकार से नामत 3 Bीमती अचना परब,सहायक आयु., आयकर #वभाग आयकर #वभाग से नामत 4 डॉ. अचना पठारे, +े,ीय अधकारी एमआईडीसी, पुणे 5 Bी. मंचक जाधव, उप-+े,ीय अधकारी महाराF Iषण #नयं,ण बोड से नामत 6 Bीमती पुJपा गंगावणे, एफट"डीओ पुणे डीजीएफट" #वभाग से नामत 7 Bीमती मनीषा #बनॉय, सीमा शुLक अधी+क सीमा शुLक #वभाग पुणे नामत शेष आमं#,त : @. नाम एवं पदनाम(Bी/ Bीमती) #वभाग 1 Bी. शMभू दयाल मीना, #व#नOद*& अधकारी सी/ज़-एसईज़ेड, पुणे लटर

एज6डा आइटम नंबर 01: Pदनांक 11.12.2024 को आयो8जत 123 व: बैठक के कायवृR क2 पु#& #वचार#वमश के बाद, सम#त ने 11.12.2024 को आयो8जत अनुमोदन सम#त क2 123 व: बैठक के कायवृR क2 पु#& क2� एज6डा आइटम नंबर 02: 11.12.2024 को आयो8जत बैठक के कायवृR के लए क2 गई कारवाई Sरपोट�#वचार-#वमश के बाद, सम#त ने 11.12.2024 को आयो8जत बैठक के लए क2 गई कारवाई Sरपोट नोट क2 है� एडीसी ने सूचत #कया है #क ईओएन खराडी इंाचर ा. लमटेड-चरण- I एसईजेड म6 कोई भी एज6डा लं#बत नह: है� एज6डा आइटम नंबर 03: मेसस ईटन टेनोलॉजीज ाइवेट लमटेड Tारा तुत अनुमान म6 संशोधन के साथ +े, के आंशक #वलोपन क2 मंजूरी के लए आवेदन #वचार-#वमश के बाद, सम#त ने एसईजेड #नयम, 2006 के #नयम 19(2) के अनुसार, अनुमानU म6 संशोधन के साथ +े, को आंशक Vप से हटाने के लए इकाई के ताव को मंजूरी दे द", जैसा #क नीचे बताया गया है; हटाया जाने वाला वीकृत थान/+े,: मौजूदा थान और वग फुट�+े, का ता#वत आंशक #वलोपन और वग फुट�हटाने के बाद शेष +े,

लटर सी Xवग 1 Iसरी मं8जल, चौथी और 5व: मं8जल और लटर बी Xवग 3, 6व: और 7व: मं8जल, ईओएन 2 जोन /लॉट नंबर 1 सवY नंबर 77 एमआईडीसी खराड़ी नॉलेज पाक खराड़ी पुणे- 411014 मापने का +े,: 150,157 वग फुट�लटर सी Xवग 1 Iसरी मं8जल ईओएन 2 जोन /लॉट नंबर 1 सवY नंबर 77 एमआईडीसी खराड़ी नॉलेज पाक खराड़ी पुणे-411014 मापने का +े,: 29,676 वग फुट�लटर सी Xवग 1 चौथी और 5व: मं8जल और लटर बी Xव*ग 3 6व: और 7व: मं8जल पर ईओएन 2 जोन /लॉट नंबर 1 सवY नंबर 77 एमआईडीसी खराड़ी नॉलेज पाक खराड़ी पुणे-411014 मापने का +े,: 120,481 वग फुट�अनुमानU म6 संशोधन को मंजूरी (Z. करोड़U म6) @ #ववरण 2022-23

2023-24

2024-25 2025-26 2026-27 कुल 1. #नयात का एफओबी मूLय 450.53 504.88 546.37 544.82 573.28 2619.88 2. #वदेशी मु[ा \य 27.15 30.04 1733.21 26.33 26.66 1843.39 3. शु] #वदेशी मु[ा 423.38 474.84 (1186.84) 518.49 546.62 776.49 1. संयं, एवं मशीनरी/पूंजीगत वतु^ म6 #नवेश i. वदेशी 20.62 ii आया#तत 4.02

कुल 24.64 2. सेवा^ का मूLय i. वदेशी 188.05 ii. आया#तत 75.84

कुल 263.89

रोज़गार (पुZषU -721, म#हला-414) 1135 एज6डा आइटम नंबर 04: मेसस सयस आईट" एंड मैनेजम6ट स_व*सेज इंडया ाइवेट लमटेड के दशन क2 #नगरानी #वचार-#वमश के बाद, सम#त ने एसईजेड #नयम, 2006 के #नयम 54 के संदभ म6, तीसरे लॉक अवध के #वR वष 2019-20 से #वR वष 2023-24 तक 5 वषa के लए इकाई के दशन को नोट #कया� जैसा #क नीचे बताया गया है: यू#नट ने #वR वष 2023-24 म6 संचयी आधार पर 648.29 करोड़ Zपये के अनुमा#नत #नयात के मुकाबले 665.79 करोड़ Zपये का #नयात हासल #कया है�यू#नट ने #वR वष 2023-24 म6 संचयी आधार पर 439.42 करोड़ Zपये यानी 66.00 % का सकाराbमक एन.एफ.ई (नेट #वदेशी मूLय( हासल #कया है�यू#नट ने तीसरे लॉक अवध म6 अनुमा#नत रोजगार 305 के मुकाबले 352 कमचाSरयU (पुZष-316, म#हला-36) का रोजगार हासल #कया है�अ4य+ को धcयवाद dापन के साथ बैठक समा/त eई� Minutes of the 124th 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. EON Kharadi Infrastructure Pvt. Ltd.–Phase-I SEZ, Kharadi, Pune, held on 17.01.2025 1 Name of the SEZ M/s. EON Kharadi Infrastructure Pvt. Ltd.-SEZ, Phase I 2 Sector IT/ITES 3 Meeting No. 124th Meeting 4 Date 17.01.2025

Members present: Sr No. Name and Designation(S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Shri. Sanjay Bangar Deputy Director of Industries, Pune Region Nominee of Govt. of Maharashtra 3 Smt. Archana Parab, Asst. Commissioner, IT Nominee of Income Tax, Pune 4 Dr. Archana Pathare,Regional Officer MIDC, Pune 5 Shri. Manchak Jadhav Sub-Regional Officer Nominee of Maharashtra Pollution Control Board 6 Smt. Pushpa Gangawane. FTDO Nominee of DGFT, Pune 7 Smt. Manisha Binoy Superintendent Nominee of Customs, Pune Special Invitee: Sr Name and Designation Department 1 Shri. Shambhu Dayal Meena Specified Officer SEEPZ-SEZ, Pune Cluster

Agenda Item No.01: Confirmation of the Minutes of the 123th meeting held on 11.12.2024

After deliberation, the Committee confirmed the minutes of the 123th meeting of Approval Committee held on 11.12.2024.

Agenda Item No.02: Action taken report for the minutes of the meeting held on 11.12.2024. After deliberation, the Committee has noted the Action taken report for the meeting held on 11.12.2024. ADC has informed that there are no pending agendas in r/o EON Kharadi Infrastructure Pvt. Ltd. Phase - I SEZ. Agenda Item No.03: Application for Approval of Partial Deletion of area with Revision in projection submitted by M/s. Eaton Technologies Pvt. Ltd. After deliberation, the committee approved the proposal of the Unit for partial Deletion of Area with Revision in Projections, in terms of Rule 19(2) of SEZ Rules, 2006, as detailed below; Approved Location/Area to be Deleted: Existing Location and Sq.ft. Proposed Partial Deletion of area and Sq.ft. Remaining area after deletion

Cluster C, wing 1, 2nd Floor, 4th and 5th Floor and at Cluster B, Wing 3, 6th and 7th Floors at EON Free Zone, Plot No. 1, Survey No. 77, MIDC Kharadi Knowledge Park Kharadi Pune- 411014. Admeasuring area: 150,157 Sq.ft Cluster C, Wing 1, 2nd Floor at EON Free Zone, Plot No. 1, Survey No. 77, MIDC Kharadi Knowledge Park Kharadi Pune- 411014. Admeasuring area: 29,676 Sq. ft. Cluster C, Wing 1,4th and 5th Floor and at Cluster B, Wing 3, 6th and 7th Floors at EON Free Zone, Plot No. 1, Survey No. 77, MIDC Kharadi Knowledge Park Kharadi Pune-411014 Admeasuring area: 120,481 Sq.ft Approved Revision in Projections (Rs. In Crores) Sr.No Particulars 2022-23

2023-24

2024-25 2025-26 2026-27 TOTAL 1. FOB Value of exports 450.53 504.88 546.37 544.82 573.28 2619.88 2. Foreign Exchange outgo 27.15 30.04 1733.21 26.33 26.66 1843.39 3. Net Foreign Exchange 423.38 474.84 (1186.84) 518.49 546.62 776.49 1. Investment in Plant & Machinery/Capital Good i. Indigenous 20.62 ii Imported 4.02

Total 24.64 2. Value of Services i. Indigenous 188.05 ii. Imported 75.84

Total 263.89

Employment (Men-721, Women-414) 1135

Agenda Item No.04: Monitoring of Performance for M/s. Sears IT & Management Services India Pvt. Ltd After deliberation, the committee noted the performance of the unit for 5 years from FY 2019-20 to FY 2023-24 of 3rd Block period., in terms of Rule 54 of SEZ Rules, 2006. As detailed below: The Unit has achieved export revenue of Rs. 665.79 Crores as against the projected export of Rs. 648.29 Crores on cumulative basis in FY 2023-24. The unit has achieved positive NFE of Rs. 439.42 Crores i.e., 66.00% on cumulative basis in FY 2023-24. The unit has achieved employment of 352 employees (Men-316, Women-36) against the projected employment of 305.in the 3rd block period. Meeting ended with a vote of thanks to the Chair.

(dानेfर बी. पाट"ल, आईएएस) (Dnyaneshwar B. Patil, IAS) अ4य+ एवं #वकास आयु. Chairman-cum- Development Commissioner

signaturerectangle-1-186 Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.01.27 11:14:04 IST % DSUnknown q 1 G 1 g 0.1 0 0 0.1 9 0 cm 0 J 0 j 4 M []0 d 1 i 0 g 313 292 m 313 404 325 453 432 529 c 478 561 504 597 504 645 c 504 736 440 760 391 760 c 286 760 271 681 265 626 c 265 625 l 100 625 l 100 828 253 898 381 898 c 451 898 679 878 679 650 c 679 555 628 499 538 435 c 488 399 467 376 467 292 c 313 292 l h 308 214 170 -164 re f 0.44 G 1.2 w 1 1 0.4 rg 287 318 m 287 430 299 479 406 555 c 451 587 478 623 478 671 c 478 762 414 786 365 786 c 260 786 245 707 239 652 c 239 651 l 74 651 l 74 854 227 924 355 924 c 425 924 653 904 653 676 c 653 581 602 525 512 461 c 462 425 441 402 441 318 c 287 318 l h 282 240 170 -164 re B Q

Action Taken for Approval Committee held on 17-01-2025 Agenda Item No. Subject Remarks Agenda Item No. 02 Application for Deletion of Space(M/s. Eaton Technologies Pvt. Ltd.) Approval letter is issued to the Unit on 27.01.2025. Agenda Item No. 03 Application for Monitoring of Performace(M/s. Sears IT Management Services India Pvt. Ltd.) Approval letter is issued to the Unit on 27.01.2025.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. CA India Technologies Pvt. Ltd. an IT/ITES located at M/s. EON Kharadi Infrastructure Pvt. Ltd.-SEZ, Phase-I for FY 2019-20 to 2023-24 of 1st Block period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5 years from FY 2019-20 to FY 2023-24 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- 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”. d. Other Information: - Original Approved Projections: (1st block Period at the time of Setting up of new Unit)
(Rs. In Cr.)

2019-20 2020-21 2021-22 2022-23 2023-24 Total FOB value of export 254.38 279.82 307.80 338.58 372.44 1553.02 FE outgo 44.03 1.52 3.07 20.24 4.12 72.98 NFE 210.35 278.30 304.73 318.34 368.32 1480.04 Revised Projections: (1st block Period at the time of Broad Banding of Additional Services) (Rs. in Cr)

2019-20 2020-21 2021-22 2022-23 2023-24 Total FOB value of export 420.41 462.45 508.69 559.56 615.53 2566.64 FE outgo 44.66 1.59 3.15 21.10 4.22 74.72 NFE 375.75 460.86 505.54 538.46 611.31 2491.92 Performance as compared to projections: FY 2019-20 to 2023-24 (Rs. In Cr)

2019-20 420.41 23.68 0.00

0.64 74.72 24.28 0.00 2020-21 462.45 827.51

4.28 0.00 2021-22 508.69 774.31

1.71 0.00 2022-23 559.56 591.68

2.13 0.00 2023-24 615.53 798.73

0.80 0.00 TOTAL 2566.64 3015.91 0.00 0.64 74.72 33.2 0.00 Cumulative NFE achieved: (Rs. In Cr) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 21.25 89.74% 2020-21 845.9 99.38% 2021-22 1617.19 99.49% 2022-23 2205.62 99.48% 2023-24 3001.03 99.51% Employment Achievement:

Approved Achieved Men 952 400 Women 198 77 Total 1150 477 Reason for Less Employment: The unit stated that there was a business reorganization due to the acquisition of a partial business of Symantec in Pune by their unit. Due to the post-operational activities envisaged by management, there was a reengineering of resources. Accordingly, considering the requirements and necessity of operations to be carried out, there was a gradual reduction in the Head count. LOA No. & Date SEEPZ-SEZ/CAITPL/46/EKIPL- SEZ/2019-20 Dated 28.01.2019 Location of Unit Ground to 3rd Floor, Wing 2, Cluster B, EON Kharadi Infrastructure Pvt. Ltd.- SEZ, Plot No.1, survey No.77, MIDC Kharadi Knowledge Park, Kharadi Pune-411014. Validity of LOA 14.02.2025 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 15.02.2020 Execution of BLUT Rs. 74.88 Crores. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 10 Year Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA

Projected employment for the block period No. of employees as on 31.03.2024 477 (Men-400, Women-77) Area allotted (in sq.ft.) 1,44,985.81 .Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 303.95 Sq.ft Investment till date

Building

Plant & Machinery 55.80 Crores Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise.

If no, details of the Year along with no of days delayed to be given. Yes

The Specified Officer report vide letter dated 03.02.2025 has reported as detailed below: EXPORT (Rs. In Crores)
Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2019-20 23.68 75.63 -51.95 There is an error in reporting the figure in APR by the client as they failed to consider all the invoices in the said APR filed. The unit submitted that they will revise the APR accordingly.

2020-21 827.51 827.51 0.00

2021-22 774.31 769.78 4.53 Unit has wrongly Considered Invoice No. 4263SEZ272021 Dt 15.07.2020 twice in FY 2020-21 and 2021-22. Hence the difference of Rs 4.53 Crores in the current year.

2022-23 591.68 597.27 -5.59 The difference is due to Exchange Rate 2023-24 798.73 800.43 -1.70 The difference is due to Exchange Rate IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.) (Rs. In Crores) Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any (1) (2) (3) (4) (5) 2019-20 24.28 24.27 0.01 Unit has considered Assessable Value instead of CIF Value. The actual import as per CUSTOMS records for the Year is 5.85 crores and the amount of 18.42 crores pertains to Intra SEZ transfer. (Goods received from Symantec Software India Pvt. Ltd under Request ID No 371901448155 and 371901448251). 2020-21 28.55 4.28 24.27 As per APR format the value reported is Cumulative Value, i.e, Total Value of Currently Existing Capital Goods Imported for the past 10 years (incl. this year). The Actual Import Procurement is Rs 4.28 crores as per CUSTOMS Records for the Year. Difference Due to Cumulative value reported. 2021-22 30.26 1.71 28.55 year). The Actual Import Procurement is Rs 1.71 crores as per CUSTOMS Records for the Year. value reported.

2022-23 32.35 2.09 30.26 year). The Actual Import Procurement is Rs 2.09 crores as per CUSTOMS Records for the Year. value reported. 2023-24 33.19 0.84 32.35 year). The Actual Import Procurement is Rs 0.84 crores as per CUSTOMS Records for the Year. value reported. Raw Material (Amt In Cr)

Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any (1) (2) (3) (4) (5)

2019-20 To 2023-24

0.00 0.00 0.00

BLUT (Amt in Cr)

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

Date of Acceptance BLUT Amount 31.10.2019 15.42 Crore 16.08.2021 9.25 Crore 17.12.2020 5.00 Crore 21.03.2022 20.00 Crore 07.10.2024 25.22 Crore Total 74.88 Crore

2 Total Duty Foregone on goods & services procured

Category Wise:

Year Wise:

FY Goods Imported & Indigenous Services Imported & Indigenous 19-20 10.19 0.00 20-21 1.74 4.82 21-22 0.70 5.74 22-23 1.23 5.88 23-24 0.54 7.05 Total 14.41 23.48

(d) Employment made as on date (31.03.2024) (as on end of block period/ year up to which monitoring is being done) Men: 400 Women: 77 Total No Employment :477

The same has been verified from their Online MPR.

(e) Details of Pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2024)

To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained.

No foreign remittance is pending as on 31.03.2024

(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. Yes

(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. NA (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 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 (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, all the DSPF has been filed (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 all the DTA has been filed. (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No (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. 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. Recommendation: The unit has achieved export revenue of Rs 3015.91 Cr. against the projected export of Rs 2566.64 Cr. on cumulative basis during 1st Block period i.e FY 2019-20 to 2023-24. The unit has achieved positive NFE of Rs. 3001.03 Cr. i.e., 99.51% in FY 2023-24 on cumulative basis. The unit has generated employment of 477 (Men-400, Women-77) Approval committee may kindly monitor the performance of the Unit for 5 years from 2019-20 to 2023-24 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2019-20 110.93 92.81 0.00 0.00 5.69 1.41 1.12 TOTAL 110.93 92.81 0.00 0.00 5.69 1.41 1.12 GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Global Advertisement Services Pvt. Ltd. an IT/ITES unit located in EON Kharadi Infrastructure Pvt. Ltd.-Phase-I-SEZ, for Last year of 2nd Block period i.e. FY 2019-20 and first four Years of 3rd Block Period i.e. FY 2020-21 to 2023-24. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for last year of 2nd Block period i.e. FY 2019-20 and first four Years of 3rd Block Period i.e. FY 2020-21 to 2023-24, in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- 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”. d. Other Information: - Performance as compared to projections: Last year of 2nd Block period i.e. FY 2019-20 Approved Projections: (Rs. In Cr.)

2015-16 2016-17 2017-18 2018-19 2019-20 TOTAL FOB value of export 59.73 70.17 81.63 94.99 110.93 417.45 FE outgo 1.03 1.08 1.14 1.19 1.25 5.70 NFE 58.70 69.08 80.49 93.80 109.68 411.75 Performance as compared to projections: (Rs. In Cr.) Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 366.21 98.92%

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2020-21 75.63 91.00 0.00 0.00 1.43 1.74 1.69 2021-22 69.58 94.04

-0.04 3.30 2022-23 70.97 93.47

-0.54 4.08 2023-24 72.39 91.28

0.62 4.08 TOTAL 288.57 369.79 0.00 0.00 1.43 1.78 13.15 Performance as compared to projections: 4 years of 3rd Block period i.e. FY 2020-21 To 2023-24 Approved Projections: (Rs. In Cr.) 2020-21 2021-22 2022-23 2023-24 2024-25 TOTAL FOB Value of Exports 75.63 69.58 70.97 72.39 72.39 360.96 FE Outgo 0.28 0.28 0.28 0.28 0.28 1.43 NFE 75.34 69.29 70.68 72.10 72.10 359.52 Performance as compared to projections: (Rs. In Cr.) Cumulative NFE achieved: (Rs. in Cr) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 88.71 97.49% 2021-22 178.91 96.68% 2022-23 267.80 96.15% 2023-24 354.44 95.84% Employment Achievement:

Approved Achieved Men 834 495 Women 416 204 Total 1250 699

LOA No. & Date SEZ/PUNE/2S/2009-10/6801 Dated 05.03.2010 Location of Unit 6th Floor,Wing 3, Cluster D, EON Kharadi Infrastructure Pvt. Ltd.-SEZ, Plot Not.1 s. No.77, MIDC Kharadi Knowledge Park, Pune-411014. Validity of LOA 18.05.2025 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 19.05.2010 Execution of BLUT Rs. 20.91 Crores. Outstanding Rent dues NA Labour Dues NA

Validity of Lease Agreement

Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Projected employment for the block period No. of employees as on 31.03.2023 699 (Men-495, Women-204) Area allotted (in sq.ft.) 38,081 .Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 54.47 Sq.ft Investment till date

Building NA Plant & Machinery 23.39 Crores Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise.

If no, details of the Year along with no of days delayed to be given. Yes The Specified Officer report vide letter dated 11.02.2025 has reported as detailed below: EXPORT (Rs. In Crores)
Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any (1) (2) (3) (4) (5) 2019-20 92.81 88.06 4.75 During the year the Unit has made APA interest and Revenue True up audit adjustment of Rs 3.96 Crore in books and the Credit Note of Rs. (0.07) Crore has been issued by the unit. Balance difference is due to Exchange Rate variation. 2020-21 91.00 88.06 2.94 During the year the Unit has made APA interest and Revenue True up audit adjustment of Rs 1.23 Crore in books and the Credit Note of Rs. (0.10) Crore has been issued by the unit. Balance difference is due to Exchange Rate variation.

2021-22 94.04 94.93 -0.89 The difference of Rs. -0.89 Crore is due to Exchange Rate variation. 2022-23 93.47 93.24 0.23 The difference of Rs. 0.23 Crore is due to Exchange Rate variation. 2023-24 91.28 91.34 -0.06 The difference of Rs. -0.06 Crore is due to Exchange Rate variation. IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.)

(Rs. In Crores) Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records (Actual) Difference if any (1) (2) (3) (4) (5) 2019-20 1.41 1.41 0.00

2020-21 6.01 1.12 4.89 year). The Actual Import Procurement of Rs 1.12 Crores as per CUSTOMS Records for this Year and the Same is on Rental Assets hence, they have not considered in APR. value reported. 2021-22 5.53 1.20 4.33 year). The Actual Import Procurement of Rs 1.20 Crores as per CUSTOMS Records for this Year is on account of Rental Assets. value reported.

2022-23 4.98 0.52 4.46 year). The Actual Import Procurement of Rs 0.52 Crores as per CUSTOMS Records for this Year and the Same is on Rental Assets hence, they have not considered in APR value reported. 2023-24 5.60 0.67 4.93 year). And the Actual Import Procurement of Rs 0.67 crores as per CUSTOMS Records for this Year. value reported. Raw Material (Rs. In Crores)

Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any (1) (2) (3) (4) (5)

2019-20 To 2023-24 0.00 0.00 0.00

BLUT (Amt in ‘Cr) 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

Date of Acceptance BLUT Amount 01.10.2015 2.26 Crore 04.10.2020 18.65 Crore Total 20.91 Crore

2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:

FY Goods Imported & Indigenous Services Imported & Indigenous 19-20 0.32 1.08 20-21 0.21 1.13 21-22 0.43 0.39 22-23 0.05 1.00 23-24 0.41 0.20 Total 1.42 3.81

(d) Employment made as on date (31.03.2024) (as on end of block period/ year up to which monitoring is being done) Men: 495 Women: 204 Total No Employment :699 The same has been verified from their Online MPR. (e) Details of Pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2024) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained.

No foreign remittance is pending as on 31.03.2024

(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 Softex have been certified till 31-03-2024

(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. NA

(k) Has the unit cleared any Capital Goods procured duty free in DTA against Payment of Duty, or otherwise? Full details to be provided along with value of assets and duty discharged Yes, they have cleared E-waste/Scrap and Capital Goods as detailed below. FY Ass Value Duty Value 19-20 0.02 0.01 20-21 0.41 0.14 21-22 0.06 0.04 22-23 0.34 0.10 23-24 0.11 0.03 Total 0.94 0.33

(l) 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 (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. 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. Recommendation: The Unit has achieved export revenue of Rs. 92.81 Crores as against the projected export of Rs. 110.93 Crores and achieved positive NFE of Rs. 366.21Crores which is 98.92 % on cumulative basis in Last year of 2nd Block period i.e. FY 2019-20 during the period FY 2015-16 to 2019-20. The Unit has achieved export revenue of Rs. 369.79 Crores as against the projected export of Rs. 288.57 Crores and achieved positive NFE of Rs. 354.44 Crores which is 95.84% on cumulative basis in Four Years of 3rd Block Period i.e. FY 2020-21 to 2023-24 during the period FY 2020-21 to 2024-25. As per SO report the unit has achieved employment of 699 employees (Men-495, Women-205) Approval committee may kindly monitor the performance of the Unit for Last year of 2nd Block period i.e. FY 2019- and first four years of 3rd Block Period i.e. FY 2020-21 to 2023-24 in terms of Rule 54 of SEZ Rules, 2006.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Credit Suisse Services India Pvt. Ltd., a IT/ITES Enabled Services located at M/s. EON Kharadi Infrastructure Pvt. Ltd. Phase-I for 4 Block Periods i.e. FY 2007-08 to FY 2023-24. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5 years of 1st Block Period from FY 2007-08 to FY 2011-12 5 years of 2nd Block Period from FY 2012-13 to FY 2016-17 5 years of 3rd Block Period from FY 2017-18 to FY 2021-22 2 years of 4th Block Period from FY 2022-23 to FY 2023-24, in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- 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”. d. Other Information: - Performance as compared to projections: for 1st Block Period FY 2007-08 To 2011-12 Approved Projections: (Rs. In Cr.)

FY 2007-08 to FY 2011-12 FOB Value of Exports 1847.13 FE Outgo 948.31 NFE 898.82

Performance as compared to projections: (Rs. In Cr.)

Projected Actual Projected Actual Actual 2007-08 1847.13 91.20

0.00 22.16 948.32 9.16 20.46 2008-09 279.97 75.09 2.45 63.23 2009-10 399.23 117.72 4.16 90.24 2010-11 467.87 170.96 6.51 81.73 2011-12 585.61 211.40 1.40 153.88 TOTAL 1847.13 1823.88 0.00 597.33 948.32 23.68 409.54 Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2012-13 6301.17 764.65

0.00 298.02 99.13 6.96 173.42 2013-14 1281.58 532.65 4.87 188.77 2014-15 1882.69 808.78 6.42 472.02 2015-16 1902.46 745.24 43.13 268.34 2016-17 2001.00 312.18 5.52 70.23 TOTAL 6301.17 7832.38 0.00 2696.87 99.13 66.9 1172.78 Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2007-08 47.66 52.26% 2008-09 188.15 50.69% 2009-10 377.85 49.05% 2010-11 590.81 47.71% 2011-12 808.77 44.34%

Performance as compared to projections: for 2nd Block Period FY 2012-13 To 2016-17 Approved Projections: (Rs. In Cr.)

FY 2012-13 to FY 2016-17 FOB Value of Exports 6301.17 FE Outgo 3510.46 NFE 2790.71

Performance as compared to projections: (Rs. In Cr.)

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2012-13 290.15 37.95%

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2017-18 2080.30 1967.17

0.00 260.02 4487.00 0.59 45.64 2018-19 2163.51 2012.48 273.53 0.00 12.00 2019-20 2250.05 1612.62 221.71 1.52 23.66 2020-21 2340.05 1375.70 0.00 0.34 238.86 2021-22 2433.65 1462.33 0.00 1.66 178.76 TOTAL 11267.56 8430.30 0.00 755.26 4487.00 4.11 498.92 2013-14 846.76 41.38% 2014-15 1444.45 36.76% 2015-16 2324.82 39.87% 2016-17 3934.35 50.23% Performance as compared to projections: for 3rd Block Period FY 2017-18 To 2021-22. Approved Projections: (Rs. In Cr.)

2017-18 2018-19 2019-20 2020-21 2021-22 TOTAL FOB value of export 2080.30 2163.51 2250.05 2340.05 2433.65 11267.56 FE outgo 875.08 885.35 893.56 899.53 902.72 4456.24 NFE 1205.22 1278.16 1356.49 1440.52 1530.93 6811.32

Performance as compared to projections: (Rs. In Cr.)

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2017-18 1653.31 84.05% 2018-19 3372.30 84.74% 2019-20 4731.86 84.61% 2020-21 5861.62 84.12% 2021-22 7138.10 84.67% Performance as compared to projections: for 4th Block Period FY 2022-23 To 2026-27 Approved Projections: (Rs. In Cr.)

2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL FOB value of export 1677.64 1802.54 1939.82 2088.16 2252.77 9760.93 FE outgo 342.69 408.94 529.89 687.32 891.98 2860.82 NFE 1334.95 1393.60 1409.93 1400.84 1360.79 6900.11

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 1677.64 1569.96 0.00

0.00 52.75 12.20 168.92 2023-24 1802.54 1449.49 0.00 11.23 161.61 TOTAL 3480.18 3019.45 0.00 0.00 52.75 23.43 330.53

Performance as compared to projections: (Rs. In Cr.)

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2022-23 1393.41 88.75% 2023-24 2673.03 88.53%

Employment Achievement:

Approved Achieved Men 3196 2022 Women 2288 1465 Total 5484 3487

LOA No. & Date SEEPZ-SEZ/NEW-SEZ/WIPRO/LOA- 02/2006-07/1733 Dated 16.03.2007 Location of Unit Ground to 5th Floor, Wing 1 and 3rd to 5th Floor, Wing 2, cluster A, EON Free Zone, Plot no.1, S. No. 77, MIDC Knowledge Park, Kharadi, Pune-411014. Validity of LOA 03.06.2027 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 04.06.2007 Execution of BLUT Rs. 1249.75 Crores. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 31/07/2024 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA

Projected employment for the block period No. of employees as on 31.03.2023 3487 (Men-2022, Women-1465) Area allotted (in sq.ft.) 3,06,842.29 .Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 87.99 Sq.ft Investment till date

Building 49.97 Crores Plant & Machinery 126.56 Crores Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise.

If no, details of the Year along with no of days delayed to be given. Yes

The Specified Officer report vide letter dated 11.02.2025 has reported as detailed below: EXPORT 1st Block Period 2007-08 To 2011-12 (Rs. in Cr) Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any (1) (2) (3) (4) (5) 2007-08 91.20

-- For the period 2007-08 To 2014- 15 the unit has submitted that the data is too old and also the data pertains to the year prior to the year 2012, wherein the records were maintained in physical form. It is to bring to notice that the unit shifted from Wipro SEZ, Hinjewadi to EON SEZ, Kharadi in the year 2015-16 i.e., on 25.01.2016, when the operations commenced in EON SEZ. The unit stated that as the records pertain to old period, fetching the same is cumbersome. The unit submitted certified APR copies for the said period. 2008-09 279.97

-- 2009-10 399.23

-- 2010-11 467.88

2011-12 585.61

-- No Softex / Customs records are available online or in physical form to verify the figures submitted in APR’s.

2nd Block Period 2012-13 To 2016-17 (Rs. in Cr)

Year/Period Figures reported in APR Figures as per Softex/Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2012-13 764.65

-- For the period 2007-08 To 2014-15 the unit has submitted that the data is too old, wherein the records were maintained in physical form. It is to bring to notice that the unit shifted from Wipro SEZ, Hinjewadi to EON SEZ, Kharadi in the year 2015-16 i.e., on 25.01.2016, when the operations commenced in EON SEZ. The unit stated that as the records pertain to old period, fetching the same is cumbersome. The unit submitted certified APR copies for the said period. No Softex / Customs records are available online or in physical form to verify the figures submitted in APR’s.

2013-14 1281.58

-- 2014-15 1882.69

2015-16 1902.47 516.55

The unit submitted certified physical Softex copies of for the period January, 2016 to March, 2016 only when the operations commenced in EON-SEZ. However, the unit submitted the APR for the entire year.

No Softex / Customs records are available online or in physical form for the period from April, 2015 to December, 2015 to verify the figures submitted in APR’s.

2016-17 2001.00 1910.24 90.76 The main reason for difference is due to unbilled revenue and exchange rate. In this regard, the unit submitted that they are ready to revise the APR accordingly.

3rdBlock Period 2017-18 To 2021-22 (Rs. in Cr) Year/Period Figures reported in APR Figures as per Softex/Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2017-18 1967.17 1900.83 66.34 The main reason for difference is due to unbilled revenue, SEIS refunds and exchange rate. In this regard, the unit submitted that they are ready to revise the APR’s accordingly.

2018-19 2012.48 1894.72 117.36 2019-20 1612.62 1624.29 -11.67

2020-21 1375.70 1499.34 -123.64 Difference is on account of excess billing during the month of Oct'20 and exchange rate. In this regard, the unit submitted that they are ready to revise the APR accordingly. 2021-22 1462.33 1468.39 -6.06 The Difference is due to Exchange Rate variation.

4th Block Period 2022-23 To 2023-24 (Rs. in Cr)
Year/Period Figures reported in APR Figures as per Softex/Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2022-23 1569.96 1564.53 5.43 The Difference is due to Exchange Rate variation.

2023-24 1449.49 1437.61 11.88 The Difference is due to Exchange Rate variation.

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

1st Block Period 2007-08 To 2011-12 (Rs. in Cr)

Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any (1) (2) (3) (4) (5) 007-08 9.16

0.00 For the period 2007-08 To 2014-15 the unit has submitted that the data is too old and also the data pertains to the year prior to the year 2012, wherein the records were maintained in physical form. It is to bring to notice that the unit shifted from Wipro SEZ, Hinjewadi

2008-09 2.45

0.00 to EON SEZ, Kharadi in the year 2015-16 i.e., on 25.01.2016, when the operations commenced in EON SEZ. The unit stated that as the records pertain to old period, fetching the same is cumbersome. The unit submitted certified APR copies for the said period. No Softex / Customs records are available online or in physical form to verify the figures submitted in APR’s.

2009-10 4.16

0.00 2010-11 6.51 3.96 2.55 The Unit submitted that they follow the reporting of Import in APR as per the Financials (Basis Capex) and not on the basis (Opex and Capex) as being followed while entering the details in the Bond Register. It may be noted that at time of receipt of goods all the duty-free procurements form part of Bond Register. However, in the books of account all duty-free procurement are not capitalized, hence the difference.

2011-12 23.68 4.79 18.89 2nd Block Period 2012-13 To 2016-17 (Rs. in Cr)

Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any (1) (2) (3) (4) (5) 2012-13 30.64 4.32 26.32 The Unit submitted that they follow the reporting of Import in APR as per the Financials (Basis Capex) and not on the basis (Opex and Capex) as being followed while entering the details in the Bond Register. It may be noted that at time of receipt of goods all the duty-free 2013-14 4.87 6.94 -2-07

2014-15 6.42 0.29 6.13 procurements form part of Bond Register. However, in the books of account all duty-free procurement are not capitalized, hence the difference. 2015-16 62.54 59.61 2.93 2016-17 5.52 7.36 -1.84 The Unit submitted that they follow the reporting of Import in APR as per the Financials (Basis Capex) and not on the basis (Opex and Capex) as being followed while entering the details in the Bond Register. It may be noted that at time of receipt of goods all the duty-free procurements form part of Bond Register. However, in the books of account all duty-free procurement are not capitalized. Hence the difference, in this regard the unit is ready to revise the APR. 3rdBlock Period 2017-18 To 2021-22 (Rs. in Cr)

Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any (1) (2) (3) (4) (5) 2017-18 0.59 0.98 -0.39 The Unit submitted that they follow the reporting of Import in APR as per the Financials (Basis Capex) and not on the basis (Opex and Capex) as being followed for while entering the details in the Bond Register. It may be noted that at time of receipt of goods all the duty-free procurements form part of Bond Register. However, in the books of account all duty-free procurement is not capitalized. Hence the difference, in this regard the unit is ready to revise the APR.

2018-19 0.00 0.17 -0.17 2019-20 1.52 1.51 0.01

Date of Acceptance BLUT Amount 2007-08 To 2014-15 Not provided 27.03.2015 36.85 20.07.2017 28.40 01.10.2021 124.00 03.08.2022 1060.47 Total 1249.75 2020-21 71.22 0.70 70.52 reported is Cumulative Value, i.e, Total Value of Currently Existing Capital Goods Imported for the past 10 years (incl. this year). The Actual Import Procurement is Rs 0.70 crores for the year 2020-21 and 2.12 crores for the year 2021-22 as per CUSTOMS Records for the Year. Difference Due to Cumulative value reported. 2021-22 71.02 2.12 68.89 4th Block Period 2022-23 To 2023-24 (Rs. in Cr)

Year/Period Figures reported in APR (FOB Value)/Figures for the year submitted by the unit Figures as per Customs Records (Actual) Difference if any (1) (2) (3) (4) (5) 2022-23 14.37 14.37

-- 2023-24 8.24 8.24

-- BLUT (Rs in Cr)

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

Total Duty Foregone on goods & services procured Category Wise:

Year Wise:

FY Goods (Imported& Indigenous) Rs in Lakhs Services (Imported) Rs in Lakhs Services (Indigenous) Rs in Lakhs 07-08 For the period 2007-08 To 2014-15 the unit has submitted that the data is too old and also the data pertains to the year prior to the year 2012, wherein the records were maintained in physical form. The unit shifted from Wipro SEZ to EON SEZ in the year 2015-16. The unit stated that as the records pertain to old period, fetching the same is cumbersome 08-09 09-10 11-12 12-13 13-14 14-15 15-16 1536.49

-- 16-17 193.57

-- 17-18 30.70 15516.96 16487.96 18-19 20.08 14705.09 15625.29 19-20 33.98 8930.79 9489.65 20-21 25.76 6309.91 6704.77 21-22 92.50 5731.37 6090.02 22-23 481.97 268.18 22065.3 23-24 118.01 234.15 12844.6 Total 2533.06 51696.45 89307.59

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 (31.03.2024) (as on end of block period/ year up to which monitoring is being done) The unit submitted the total manpower (direct and indirect) as on 31-03-2024. Male - 2022 Female - 1465 Total - 3487 Nos

(e) Details of Pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2024) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained. No (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 since January, 2016 onwards (g) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. Yes since January, 2016 onwards (h) Whether unit has filed any request for Cancellation of softex Yes, they have filed the request for cancelation for the Month of Oct-2020 and May-2021 and both have been approved. (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 since January, 2016 onwards (j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. NA (k) Has the unit cleared any Capital Goods procured duty free in DTA against Payment of Duty, or otherwise. Full details to be provided along with value of assets and duty discharged Yes

(l) 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 (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, they are filling of DSPF online from October- 2021 as per the requirement

(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 since January, 2016 onwards (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No (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. 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-The unit has Cafeteria on the ground floor. They do not cook any food; however, they serve the food procured from outside by heating the same on the electric heating equipment’s/pans. The unit submitted that they have not claimed any benefit on the goods being used in the Cafeteria. The unit has not applied for regularizing the said cafeteria. They have been directed to pay all the duty/tax benefits availed on the goods and services being utilized in the cafeteria in terms of Instruction No. 95 dated 11.06.2019 vide letter dated 27.01.2025. The reply in the matter is awaited. (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 e. Recommendation: The Unit has achieved export revenue of Rs. 1823.88 Crores as against the projected export of Rs. 1847.13 Crores and achieved positive NFE of Rs. 808.77 Crores which is 44.36 % on cumulative basis in 1st Block Period i.e. FY 2007-08 To 2011-12. The Unit has achieved export revenue of Rs.7832.38 Crores as against the projected export of Rs. 6301.07 Crores and achieved positive NFE of Rs. 3934.35 Crores which is 50.23% on cumulative basis in 2nd Block Period i.e. FY 2012-13 To 2015-16. The Unit has achieved export revenue of Rs.8430.30 Crores as against the projected export of Rs. 11267.56 Crores and achieved positive NFE of Rs. 7138.10 Crores which is 84.67% on cumulative basis in 3rd Block Period i.e. FY 2016-17 To 2021-22. The Unit has achieved export revenue of Rs.3019.45 Crores as against the projected export of Rs. 3480.18 Crores and achieved positive NFE of Rs. 2673.03 Crores which is 88.53% on cumulative basis in first 2 years of 4th Block Period i.e. FY 2022-23 and 2023-24. As per SO report the unit has achieved employment of 3484 employees (Men-2022, Women- 1465) Approval committee may kindly monitor the performance of the Unit for

5 years of 1st Block Period from FY 2007-08 to FY 2011-12
5 years of 2nd Block Period from FY 2012-13 to FY 2016-17
5 years of 3rd Block Period from FY 2017-18 to FY 2021-22
2 years of 4th Block Period from FY 2022-23 to FY 2023-24,

in terms of Rule 54 of SEZ Rules, 2006.

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