IN FORCE SEZ / EOU / FTWZ undated

Minutes of the 130th meeting of Approval Committee

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Minutes of the 130 Unit Approval Committee Meeting of Kandla SEZ held on 14.06.2018 at 11:30 hrs. under the Chairmanship of Shri Upendra Vasishth, Development Commissioner, Kandla Special Economic Zone.

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Following were|present:|
|1.|Shri.|Satyadeep|:|Joint|Development|Commissioner,|
|Mahapatra|KASEZ.|
|2.|Shri,|Lalit|P.|Jain|:|Additional|Commissioner|of Income|Tax,|
|Gandhidham.|
|3.|Shri.|S.|C.|Sahoo|:|Assistant|Commissioner,|Customs,|Kandla,|
|Gandhidham-Representative|of|
|Commissioner|of Customs|Kandla.|
|4.|Shri.|Kanak|P.|Der|:|General|Manager,|DIC,|Bhuj.|
|5.|Shri.|P.C.|Ravindran”|:|Assistant DGFT,|
|Rep.|of Jt.|DGFT,|Rajkot.|

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Absentees:-

Director (Banking) 4, SOM.

Review/Confirmation of the minutes of last meeting (129th UAC) of the Approval Committee: - .

Minutes of the last meeting of Approval Committee was confirmed.

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130.1 NEW UNIT APPLICATION

AGENDA ITEM NO. 130.1.1 Application for setting up of a unit in KASEZ namely M/s Ansa Polymers Limited, SSI -58, G. T. Karnal Road, Industrial Area, New Delhi —- 110033 Their proposal is for setting up a unit for manufacturing of Plastic Powder in Kandla SEZ, Gandhidham.

Shri. Rakesh Bansal, Director of the company appeared before the _ Approval Committee and explained their proposal.

Shri Bansal stated that they are already having a unit in KASEZ for recycling of plastic waste & scrap and now they want to set up a new pulverizing unit or manufacturing of plastic powder and the finished goods will be 100% exported. Their main raw materials will be agglomerates and granules (freely importable item) and they will export their finished products to Africa and Bangladesh.

On being asked that a plastic recycling unit of the said firm is already functional and whose functioning and performance is regulated separately which amongst other conditions has a specific physical export condition and therefore there is a possibility of mixing of data of both these units, Shri Bansal stated that he will change the name of the proposed new unit.

The Committee also noted that the proposed raw materials includes plastic lumps which was excluded in the approved list of trading in respect of one of the unit approved in 128% UAC meeting. Shri Bansal claimed that such item is being freely imported from various ports of the country and requested to allow the plastic lumps as one of their raw material. The Committee directed O/o. DC, KASEZ to study and examine the claim of the unit and put up report in this regard in the next UAC meeting. Therefore, the Committee after due deliberation decided to approve the proposal subject to standard terms and conditions with the condition that till a decision is taken with regard to allowing import of plastic lumps as a raw material, the unit shall not be permitted to import the said raw material and also further directed the DC office to issue Letter of Approval only on receipt of request of change in name of the proposed unit.

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Minutes of the 130th Unit Approval Committee Meeting of Kandla SEZ held on 14.06.2018 at 11:30 hrs. under the Chairmanship of Shri Upendra Vasishth, Development Commissioner, Kandla Special Economic Zone.

AGENDA ITEM NO. 130.1.2

M/s Ankita Overseas, 322 DLF Towers, Shivaji Marg, Moti Nagar, New Delhi - 110015 has filed an application dated 12.04.2018 for setting up a trading unit at KASEZ.

Their proposal is for setting up a trading unit for Pan Masala, Supari, etc. in Kandla SEZ, Gandhidham.

: Shri. Rupesh Ranjan, Manager of the firm appeared before the Approval Committee and stated that proprietor of the firm Shri Anil Kumar is not well and he has been authorised to appear.

Shri Ranjan stated that they are doing trading of Pan Masala, etc. on behalf of other companies such as Pan Parag and exporting the same. He further stated that they have made exports of about Rs. 20 crores last year. He however further stated that he was suddenly asked to rush and to attend the Committee meeting and he is not fully versed with the present proposal and therefore expressed his inability to explain the proposal in detail.

‘Therefore, the Committee after due deliberation decided to defer the proposal and directed the applicant to ask the Promoter to appear before the next UAC meeting for discussion of their proposal.

AGENDA ITEM NO. 130.1.3

Application for setting up of a unit in KASEZ namely M/s. Parekh Bulk Pack, 7/B, Sumatinagar Society, Nr. Sindhi High School, Usmanpura, Ahmedabad - 380 013.

Their proposal is for setting up a manufacturing unit of FIBC PP Woven Bags Sacks/Jumbo Bags, PP Woven Sacks Small Bags, LLDPE Liner and Filler Cord.

‘Shri. Pritesh Parekh, Representative of the firm appeared before the Approval Committee and explained their proposal.

Shri Parekh stated that they are already in the business for FIBC jumbo bags and already having a unit in KASEZ in the name of M/s. Oswal Extrusion Ltd. and an EOU at Ratanpur, Santej near Ahmedabad as M/s. Oswal Extrusion Ltd. (Unit-II). Now to expand their business they want to set up a new unit in KASEZ. : Y .

Minutes of the 130% Unit Approval Committee Meeting of Kandla SEZ held on 14.06.2018 at 11:30 hrs. under the Chairmanship of Shri Upendra Vasishth, Development Commissioner, Kandla Special Economic Zone.

The Approval Committee after due deliberation approved the proposal subject to standard terms and conditions.

AGENDA ITEM NO. 130.1.4

Application for setting up of a unit in KASEZ namely M/s. S. S. White Technologies India Pvt. Ltd., Survey No. 2788/3, Near Krishna Petrol Pump, Wadhwan Ahmedabad Highway, Wadhwan, Surendranagar — 363 030.

Their proposal is for setting up a manufacturing unit of Flexible Shaft for automotive seat tracks, Semi-finished surgical tooling components and Fittings for flex assembly. Shri. Mitul Patel, Manager of the company appeared before the Approval Committee and explained their proposal.

Shri Patel stated that they are already in the business for flexible shaft for automotive industries and having its unit at Surendranagar and last year they have made exports of Rs. 26 crores. They supply their finished products to their parent company in USA. They want to set up a new unit for manufacturing in KASEZ as there are two major ports viz. Kandla and Mundra ports and it will be easy to export their products from KASEZ. They will make 100% exports of their products.

The Approval Committee after due deliberation approved the proposal subject to standard terms and conditions. .

130.2 REQUEST FOR BROADBANDING

AGENDA ITEM NO. 130.2.1

Request for broad banding of SS Round Bar and Nickle Round Bar in their existing Letter of Approval/Permission No. KASEZ/IA/18/201617 dated 18.01.2017 of M/s Tubacex India Pvt. Limited, KASEZ.

M/s Tubacex India Pvt. Limited, Unit No, 208, Vrindavan SDF Complex, Phase-II, Kandla Special Economic Zone, Gandhidham is an approved unit for Trading activity of Stainless Steel Tubes, Stainless Steel Pipes and Stainless Steel Fittings vide Letter of Approval No. KASEZ/IA/18/2016-17 dated 18.01.2017 amended/extended from time to

| Minutes of the 130th Unit Approval Committee Meeting of Kandla SEZ held on 14.06.2018 at 11:30 hrs. under the Chairmanship of Shri Upendra Vasishth, Development Commissioner, Kandla Special Economic Zone.

time. They commenced their authorized activities w.e.f 27.05.2017 and their LoA is valid up to 26.05.2022.

The said unit has now requested for broad banding of following items in their existing Letter of Approval for trading activity.

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|---|---|---|---|---|---|---|
|SS|Round|Bar|7222|3019,|7222|2091|
|02.|| Nickle|Round|Bar|12222092,|7505.|11.10,|
|7505|1210,|7505|1220|

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Shri. Hiren Raygagla, Manager of the company appeared before the Approval Committee and explained their proposal.

Shri Raygagla stated that they are an approved unit for pipes and tubes for trading and now they want to add round bars in their existing LoA. They export their traded goods to oil and gas companies in Middle East.

The Approval Committee after due deliberation decided to approve the broad-banding of trading activity of above items in their existing LoA.

AGENDA ITEM NO. 130.2.2 7 Request of M/s. Oswal Polymers, KASEZ for additional manufacturing activity in their existing Letter of Approval.

M/s. Oswal Polymers, KASEZ is engaged in the manufacturing activity of recycling of plastic scrap/waste into plastic granules, agglomerates, Flakes, Pallets, Bars, Powder and other Plastic items in terms of LoA No. KASEZ/TA/1704(A)/97/10736 dated 06.02.1998 as amended/extended from time to time.

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|---|---|---|---|---|---|---|---|---|---|
|Now,|the|unit|has|requested|for|addition|of|following|manufacturing|
|activity|in|their|existing|LoA:|-|
|Sl.|“"T|FPe (Hs)|Capacity|
|Item.|'|
|No.|Code|in;|MT|
|li|PP|Jumbo|Bags/FIBC,|PP/HDPE/|5000|
|Woven|Fabrics|Laminated/Unlaminatedk|:|ce|2990|
|Plastic Garbage|Bags|3923|2100]|3000|

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—360aRke_"*83<0cuheMmwmoaNesSsSs——— PE/PP Tarpauline/Plastic Sheet 3926 9080] 3000

Shri. Pritesh Parekh, Director of the company appeared before the _ Approval Committee and explained their proposal. The Committee noted that the unit is an existing recycling unit of plastic waste & scrap and that there is a separate guidelines of the Ministry for regulation and functioning of such units which amongst other includes the condition of physical export obligation of 35% of the total turnover of the unit in addition to achieving positive NFE under Rule 53 of the SEZ Rules, 2006. The Committee also noted that there is specific condition in the said Ministry’s guidelines dated 17.09.2013 that — condition No. 3(ix) — No broadbanding of unrelated products shall be allowed and also in terms of condition No. 25 of renewal LoA, there activity is restricted to reprocessing of plastic waste and scrap.

The Committee further noted that two of the proposed items PP Jumbo Bags/FIBC and PP Tarpaulins requires raw materials of about 60% of imported PP granules which are not the reprocessed item out of their authorised activity and which in turn will constitute the major component cost of their final products to be exported and that this will have a significant dilution with regard to their meeting the condition of export obligation. The Committee however noted that the proposed items are forward integration and not unrelated product. The Committee after due deliberation approved the broad-banding of Plastic Garbage Bags and PE Tarpaulins which will be manufactured from their 100% in-house re-processed materials within their existing authorised operation and further decided to reject their request for PP Jumbo Bags/FIBC and PP Tarpaulins.

130.3 MISCELLANEOUS ITEMS

AGENDA ITEM NO. 130.3.1

Intimation for change in Partnership of M/s Vishnu Export, KASEZ

M/s. Vishnu Export, KASEZ is an approved unit for Manufacturing activity of Pan Masala and Pan Masala containing Tobacco-Guthka vide LoA No. KASEZ/1A/010/2013-14 dated 18,09,2013. They have commenced their

authorised operation in KASEZ w.e.f. 11.11.2013 and hence their LoA is valid up to 10.11.2018.

The said unit has now intimated regarding change in partnership of the firm wherein two partners have retired and two new partners have joined the firm. They have submitted copy of notarized partnership deed.

The Committee noted that the details of present Partners are as under:-

||Sl.No.||Name ofPartners|Previous,|profit |}At present,|<br>Change|in|
|---|---|---|---|---|---|
||||and loss|ratio<br>profit<br>and|%||
|||.|Shri ArchitGarg<br>ShriSajalGarg<br>ShriAnkur Garg|loss ratio<br>[30%<br>___—'([Retired___[=+<br>(30%<br>—+'([Retired [=~<br>(930%|||
||04.|Shri<br>Dilip<br>Kumar| New Partner<br>45%<br>(+)45%||||
|||Lalwani||||
|||Shri Kamal Lalwani||(5%<br>100%|(90%||

The Committee noted that Department of Commerce vide Instruction No. 89 dated 17.05.2018 had issued guidelines regarding change in shareholding pattern, name change pertaining to SEZ units wherein change of name, change of shareholding pattern, etc. may be undertaken with the prior approval of Approval Committee in respect of units.

The Committee noted that the changes in shareholding pattern of the
firm is to the extent of 90%. Therefore, the Approval Committee after due deliberation decided to approve the proposal of change in partnership of the firm subjectto following conditions: - 1. Seamless continuity of the SEZ _ activities with unaltered responsibilities and obligations for the altered unit entity. |
1. Fulfillment of all eligibility criteria applicable to unit, including security clearances ete. by the altered unit entity and its constituents. 7 =

. .

Applicability of and compliance with all Revenue/Company Affairs/ SEBI etc. rules which regulate issues like capital gains, equity change, transfer, taxability etc.
Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member(IT), CBDT, Department of Revenue and to the Jurisdictional Authority.
The Assessing Officer shall have the right to assess the taxability of the gain/loss arising out of the transfer of equity or merger, demerger,

‘amalgamation, transfer and ownerships etc as may be applicable and eligibility for deduction under relevant sections of the Income Tax Act, 1961. 3

The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable.
The unit shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT.

AGENDA ITEM NO. 130.3.2

Intimation for change in Partnership of M/s Ubix Inc., KASEZ

“M/s. Ubix Inc., KASEZ is an approved unit for re-manufacturing activity of repairing, reconditioning of Empty Printer Cartridge and Used/damaged Mobile phones vide LoA No. KASEZ/IA/31/2009-10/17105 dated 10.03.2010. They have commenced their authorised operation in KASEZ w.e.f. 14.07.2010 and hence their LoA is valid up to 12.07.2020.

The said unit has now intimated regarding change in partnership of the firm and has stated that one of their partner Shri Gaurav Batra has retired from the firm and one new partner Smt. Rakesh Miglani has joined the firm. They have submitted copy of notarized partnership deed.

The Committee noted that the details of present Partners are as

under:-

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----- Start of picture text ----- Sl.No. | Name of Partners Previous, profit |At present, | Change in and loss ratio prolit and | % ----- End of picture text -----

00 OOOOSOSSeneema {_uwuwereo a rae Sa Re Shri Gaurav Batra [50% ——*‘([ Retired [= Shri Peyush Miglani B% imreSmt, Rakesh Miglani |ee(705% _ The Committee noted that Department of Commerce vide Instruction No. 89 dated 17.05.2018 had issued guidelines regarding change in shareholding pattern, name change pertaining to SEZ units wherein change of name, change of shareholding pattern, etc. may be undertaken with the prior approval of Approval Committee in respect of units. The Committee noted that the changes in shareholding pattern of the firm is to the extent of 50%. Therefore, the Approval Committee after due deliberation decided to approve the proposal of change in partnership of the firm subject to following conditions: - ae

Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered unit entity.
Fulfillment of all eligibility criteria applicable to unit, including security clearances etc. by the altered unit entity and its constituents.
Applicability of and compliance with all Revenue/Company Affairs[/] SEBI etc. rules which regulate issues like capital gains, equity change, transfer, taxability etc.
Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member(IT), CBDT, Department of Revenue and to the Jurisdictional Authority.
The Assessing Officer shall have the right to assess the taxability of the gain/loss arising out of the transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc as may be applicable and

eligibility for deduction under relevant sections of the Income Tax Act, Loo. . : ;

The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable.

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The unit shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT.

AGENDA ITEM NO. 130.3.3 Application for setting up of a unit in KASEZ namely M/s. R Supply Chain Management, Godown No. 8, 9, 10, 11 & 12, Building No. M, Globe Complex, Dapoda Road, Ovali, Maharashtra, India- 421301.

Their proposal is for setting up a warehousing unit at FTWZ developed by M/s Kandla Free Trade Warehousing Private Limited of Kandla Special Economic Zone, Gandhidham.

Shri. Rahul Chaurasiya, Proprietor of the firm appeared before the Approval Committee and explained their proposal.

Shri Chaurasiya stated that they are service oriented unit and they are not having any unit in Arshiya FTWZ as stated earlier by them in the 126. UAC meeting and are working in Arshiya FTWZ as a facilitator only and having their own warehouses in Bhiwandi. He further stated that they will provide warehousing services in FTWZ of KASEZ for their clients in primary form of polymers. .

The Committee noted that the unit has already obtained NOC from M/s. Kandla Free Trade Warehousing Pvt. Ltd., Co-Developer of FTWZ in Kandla SEZ regarding space availability. oh

The Approval Committee after due deliberation decided to approve the proposal subject to standard terms and conditions and also subject to additional condition that the unit should seek a prior approval of any additional items they intent to warehouse and submit KYC details of clients to the Office of the Development Commissioner before undertaking the authorised activity and similar procedure to be followed when new clients/materials are being warehoused.

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AGENDA ITEM NO. 130.3.4

Application for setting up of a unit in KASEZ namely M/s Sequel Logistics Pvt. Ltd., 431, Chetan Society, Bopal Ghuma _ Road, Ahmedabad, Gujarat, India - 380058.

Their proposal is for setting up.a warehousing unit at FTWZ developed by M/s Kandla Free Trade Warehousing Private Limited of Kandla Special Economic Zone, Gandhidham. Their proposal was discussed in the 127% and 129th UAC meeting wherein the Committee after discussion decided that in-principle they agree to permit such proposal, however, the applicant may be invited for further discussion in the next UAC as some logistics and legal issues are yet to be discussed like securitization of the cargo from gateway port to the SEZ, fixing of duty liability on the security agency, their business model being tripartite and similar other logistics issue which requires to be understood. . i

Shri. Sharad Jobanputra, CMD of the company appeared before the Approval Committee and further explained their proposal.

The Committee had taken note of visit report of JDC, KASEZ & AO (IAI) to Sricity SEZ wherein one such unit is already functional sine one & half year. The Committee after due deliberation .decided to approve their proposal under Rule 18(5) of SEZ Rules, 2006 subject to following conditions: -

The establishment of vaulting facility and entire security arrangements shall be strictly in conformity with the international norms for storage and movement of such precious metals.

'2. No sub-leasing of space to be given to any non-SEZ entity. However, unit may hire the services of any agency/contractor for putting up the above facility with prior approval of the Development Commissioner.

Risk coverage of the duty amount shall be the sole responsibility of the warehousing unit.
The unit will furnish a comprehensive insurance coverage equivalent to the duty involved in favour of Govt. of India for transit from Port of importation as well as storage in the warehouse.

FeteEeeRe PND Ted RSRRDUR TCR ero eee Se 5. Proper security arrangements along with deployment of gunmen by
: ie waratt, . 6. DC, KASEZ is authorised to get the completed vaulting facility audited by security audit from any of the reputed agency and the cost to this regard will be borne by the unit.
1. Commencement/operationalization of vaulting facility shall be allowed only after receipt of satisfactory security audit of such agency and any other additional measures with regard to security and entry exit facility as deem necessary by the DC, KASEZ.
1. All transactions shall be in freely convertible foreign currency in terms of Section 2(z) of SEZ Act, 2005 and Rules 75 read with Rule 18(5) of SEZ Rules, 2006. .
1. Such material shall be warehoused only on behalf of foreign clients subject to strict compliance of RBI regulations.

AGENDA ITEM NO. 130.3.5 Request of M/s. V. Milak Enterprises, KASEZ for Import of Precious Metals under Warehousing Approval.

Their request was for permission for import of precious metals under warehousing approval. Their proposal was discussed in the 123" and 129% UAC meeting wherein the Committee after discussion decided that inprinciple they agree to permit such proposal, however, the applicant may be invited for further discussion in the next UAC as some logistics and legal issues are yet to be discussed like securitization of the cargo from gateway port to the SEZ, fixing of duty liability on the security agency, their business model being tripartite and similar other logistics issue which requires to be understood. Shri. Vivek Milak, Partner of the firm appeared before the Approval Committee and further explained their proposal. The Committee had taken note of visit report of JDC, KASEZ & AO (IAI) to Sricity SEZ wherein one such unit is already functional sine one & half year.

The Committee after due deliberation decided to approve their proposal under Rule 18(5) of SEZ Rules, 2006 subject to following conditions: - 12

The establishment of vaulting facility and entire security arrangements shall be strictly in conformity with the international norms for storage and movement of such precious metals. _
No’ sub-leasing of space to be given to any non-SEZ entity. However, unit may hire the services of any agency/contractor for putting up the above facility with prior approval of the Development Commissioner. ,
Risk coverage of the duty amount shall be the sole responsibility of the warehousing unit.
The unit will furnish a comprehensive insurance coverage equivalent to the duty involved in favour of Govt. of India for transit from Port of importation as well as storage in the warehouse.
Proper security arrangements along with deployment of gunmen by the unit.
DC, KASEZ is authorised to get the completed vaulting facility audited by security audit from any of the reputed agency and the cost to this regard will be borne by the unit.
Commencement/operationalization of vaulting facility shall be allowed only after receipt of satisfactory security audit of such agency and any other additional measures with regard to security and entry exit facility as deem necessary by the DC, KASEZ.
All transactions shall be in freely convertible foreign currency in terms of Section 2(z) of SEZ Act, 2005 and Rules 75 read with Rule 18(5) of SEZ Rules, 2006.
Such material shall be warehoused only on behalf of foreign clients subject to strict compliance of RBI regulations. . ;

AGENDA ITEM NO. 130.3.6

Failure to execute lease deed or registered lease deed by KASEZ units.

The Committee noted that following units of KASEZ have either failed to execute the lease deed or failed to submit the registered lease deed: -

M/s. Naman Marketing
M/s. Rama Cylinders
M/s. Ratan Knitted & Woven Garments Pvt. Ltd. 4. M/s. Sarthak Warehousing & Trading Oo. M/s. Mahamaya Construction

‘6. M/s. Veritas (India) Ltd.

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Out of the six units only two units viz. M/s. Rama Cylinders and M/s. Ratan Knitted appeared for personal hearing before the Committee.

The Committee after due deliberation decided to give 7 days time to execute lease deed/submit registered lease deed to above six units and if they do not submit the lease deed then their LoA will be suspended and their licence will be liable for cancellation if the remaining four units do not appear for personal hearing before the next UAC.

AGENDA ITEM NO. 130.3.7

Permission to warehouse goods on behalf of foreign clients as well as DTA clients - Request of Warehousing Service Units of KASEZ.

In the. 116th UAC meeting held on 19.07.2017, it was decided that the warehousing units in KASEZ will have to seek permission for any new items which they intend to warehouse on behalf of foreign clients as well as DTA clients and submit KYC of the client before warehousing the items. The Committee noted that the following warehousing units of KASEZ requested for permission to warehouse goods on behalf of Foreign clients/DTA clients and submitted list of items to be warehoused in KASEZ alongwith KYC of clients. ie.Sr. Name of the KASEZsalleunit International 6. | M/s. Warehousing & Trading _| 8.__[M/s. MGA & Associates (Unit) "9. [M/s. Srikaram Prescience Prt. Lid. | The Committee after due deliberation decided to take on records the items to be warehoused by the above units for respective foreign/DTA i r

clients as submitted by the above units except in the case of M/s. Blossom Trading Corporation, the items Virgin Plant waste granules and off grade (39019090) and Plastic Lumps (39019090) are not allowed to be warehoused in KASEZ.

AGENDA ITEM NO. 130.3.8

Ratification of request already approved in file

The Approval Committee ratified the permission granted by the ~ Development Commissioner, KASEZ to M/s Blossom Trading Corporation, KASEZ for broad-banding of warehousing service activity the list of items permitted to the unit. 130.4 TABLE AGENDA ‘i. AGENDA ITEM NO. 130.4.1 Application for setting up of a unit in KASEZ namely M/s. Sunrise Polymers, 501. DV house, Block 2, DV Colony, Minister Road, Secunderabad, Telangana, India, - 500003.

‘Their proposal is for setting up a manufacturing unit of Plastic Granules and Rotto Moulded Powder in Kandla SEZ, Gandhidham.

The Committee noted that their proposal was discussed in the 111 UAC meeting held on 22.03.2017 and the Approval Committee after due deliberation had decided to defer the proposal as plastic items involving raw material of reprocessed/recycled plastic items/sweeping granules which are very sensitive items and same needs further examination.

The Committee further studied the study report submitted before the Committee and noted that the main raw materials are plastic agglomerates, plastic grindings and plastic virgin granules (freely importable items) which the unit proposes to procure indigenously or intra-zone basis and no import of raw materials is envisaged and that proposal involves 100% physical export of the finished goods.

The Committee after due deliberation decided that this proposal is acceptable in-principle subject to receipt of antecedent verification regarding their claim of export being sought from the Commissioner of GST, Hyderabad. . 15 Y

Minutes of the 130t Unit Approval Committee Meeting of Kandla SEZ held on 14.06.2018 at 11:30 hrs. under the Chairmanship of Shri Upendra Vasishth, Development Commissioner, Kandla Special Economic Zone.

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AGENDA ITEM NO. 130.4.2

Application for setting up of a Manufacturing unit in KASEZ namely M/s. San Enterprises, Plot No.3, Sector-II, GIDC, Gandhidham, Gujarat.

Their proposal is for setting up a manufacturing unit of Granules, Roto Moulded Powder, Sheet, Foil & Strips and Water Storage Tanks in Kandla SEZ, Gandhidham.

Shri. Ajay Gupta, Authorised representative of the firm appeared before the Approval Committee and explained their proposal.

Shri Gupta stated that they are already having an existing unit for recycling of plastic waste & scrap and now they want to set up a new unit for manufacturing of Granules, Roto Moulded Powder, etc. He further stated that for manufacturing the finished products 30-40% plastic agglomerates will be used and 60% materials will be imported.

The Committee noted that their proposal was discussed in the 1234 UAC meeting held on 16.01.2018 and the Approval Committee after due deliberation had decided to defer the proposal and directed the DC office to examine all.such aspects and put up combined study report for further consideration are very sensitive items and same needs further examination. The Committee noted that the study report had already been discussed in Agenda Item No. 130.4.1 and therefore the Approval Committee after due deliberation approved the proposal subject to standard terms and conditions.

The meeting ended with vote of thanks of the chair.

(UPENDRA VASISHTH) Development Commissioner

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