Minutes of the 1st meeting of Approval Committee

O/O Development Commissioner Kandla Special Economic Zone

Minutes of the First Approval Committee (2010-11) to discuss the project approvals for setting up units at KASEZ, under the Chairpersonship of Dr.(Mrs) Maya D. Kem, Development Commissioner, KASEZ, at KASEZ, at 1500 hrs. on 6-4-10.

Following were present:-

1. Shri Upendra Vasishth, Jt. Development Commissioner, KASEZ
2. Shri Jitesh Nagori, Addl.Commissioner, Customs, Kandla
3. Shri K.H. Mehta, ITO, Gandhidham
4. Shri Zinzuwadia D.N. General Manager, DIC, Bhuj
5. Shri J.D. Goswami, GPCB, Bhuj
6. Shri Anand Kumar, SDM, Anjar.

Following proposals were considered in the meeting:-

1. Global Energy Food Inds.

Shri Suresh Bherwani, MD of the company appeared. Their proposal is for setting up a unit in KASEZ for manufacturing of Biscuits, Confectionery & Sugar Syrup, Razors, Blades and disposal catridges.

After deliberations Committee approved the proposal in principal only for Razors, Blades and disposable cartridges. For Biscuits, Confectionery & Sugar Syrup matter will be referred to DOC for clarification as sugar is sensitive item. However, as the required space is not available in the Zone now, LOA will be issued only on availability of space. Addl.Commissioner (Customs) will give his feedback on the customs angle in a week’s time failing which it will be presumed that there is no adverse report with them against the firm and LOA will be issued. (WL-1)

2. India International.

Shri Rakesh V. Shah, authorized rep. of the firm appeared for intervivew.

ed that there is no adverse report with them against the firm and LOA will be issued. (WL-1)

2. India International.

Shri Rakesh V. Shah, authorized rep. of the firm appeared for intervivew. Their proposal is to set up a unit for warehousing services for Sulfolane, Di-Methyl Di Sulfide, Di Isopropanol Amine, Heat Transfer Salts, Heat Transformer Oil, Dyes and Intermediates etc. The Committee approved the proposal. Though their requirement is for 2000 Sq.Mtrs. built up area, due to shortage of space, they are informed that they will be allotted 236 sq.mtr. of built up shed No.274only. The party agreed to the same. Addl.Commissioner (Customs) will give his feedback on the customs angle in a week’s time failing which it will be presumed that there is no adverse report with them against the firm and LOA will be issued.

3. Venus Upcountry Trading Pvt.Ltd.

The proposal was deferred as no representative attended the meeting.

d that there is no adverse report with them against the firm and LOA will be issued.

3. Venus Upcountry Trading Pvt.Ltd.

The proposal was deferred as no representative attended the meeting.

4. Tulsi Casting and Machining Ltd.

Their proposal for change of name of the unit from Tulsi Castings and Machining Ltd to “Metal Link Alloys Ltd” is approved. Committee noted that 2 of the 3 Directors of the new company ‘Metal Link Alloys Ltd’ are same as directors of Tulsi Casting and Machining Ltd.

5. Galaxy Bearings Ltd.

Shri Bharat Ghodasara, Jt. M.D. of the company appeared before the A.C. Their proposal is for manufacture of all types of Bearings. The proposal approved in principle. However, as the required space is not available in the Zone now, LOA will be issued only on availability of space. Addl.Commissioner (Customs) will give his feedback on the customs angle in a week’s time failing which it will be presumed that there is no adverse report with them against the firm and LOA will be issued. (WL-2)

6. Kitchen Xpress Overseas Ltd.

Their proposal is for manufacture of processing of pulses, grains spices and lentils.
After detailed discussion it was decided to give inprinciple approval for items except Pulses & Lentiles. These items will be referred to BOA for consideration. However, as the required space is not available in the Zone now, LOA will be issued only on availability of space.

xcept Pulses & Lentiles. These items will be referred to BOA for consideration. However, as the required space is not available in the Zone now, LOA will be issued only on availability of space. Addl.Commissioner (Customs) will give his feed back on the customs angle in a week’s time failing which it will be presumed that there is no adverse report with them against the firm and LOA will be issued. (WL-3).

7. Adinath Warehousing Co.

Shri Prakash Jain, Proprietor of the firm appeared. They intend to set up a unit for providing a multi product warehousing services and transport services. The Committee approved the proposal for warehousing services. However, Committee has not approved the proposal for Transport Services. Since the required space is not available in the Zone now, LOA will be issued only on availability of space. (WL-4).

Performance Monitoring of Units

The cases of Monitoring of KASEZ units have been considered in the meeting. It was reported that there are 16 units who have not submitted APRs, despite of numerous requests by this office. It was decided that all their activities, except physical export may be stopped until they submit the APRs.

Out of 28 units who failed to achieve NFE positive during 2008-09, 10 units may be put under watch list who have failed positive NFE in the 1st & 2nd years of 5 year block, 16 units may be issued warning letter and 2 units who have completed 5 years may be issued SCN.

Issue raised by KASEZ Inds.

who have failed positive NFE in the 1st & 2nd years of 5 year block, 16 units may be issued warning letter and 2 units who have completed 5 years may be issued SCN.

Issue raised by KASEZ Inds. Association regarding admissibility of the depreciation on the Capital Goods, procedure from DTA, under Rule 49(1) of the SEZ Rules 2006.

The issue has been discussed at length and it was decided to maintain status quo on the procedures adopted by KASEZ customs.

Meeting ended with vote of thanks to the Chair.

[Maya D. Kem] Development Commissioner Kandla Special Economic Zone