IN FORCE SEZ / EOU / FTWZ

इकाई अनुमोदन समिति की बैठक का कार्यवृत्त 2019/05/27 पर आयोजित

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Minutes of Approval Committee meeting

Ltd. held on 27.05.2019 held on 27.05.2019 on 27.05.2019 ’[[ata]][[&]][[ateqaileat]] ATA, TAGT Ff .

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| of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019 held on 27.05.2019 on 27.05.2019 @ Ho after aes HA (sagY ferfares & say (aoreae) PEA Hed[Wea][facty][aria][[ata]][[&]][[ateqaileat]] afarfa ar Petia 27/05/2019 at Yate 10.30 sat Lat ats wa, Seiler stacy, foro ATA, TAGT Ff Sto ato ato Rua, freprer sgn hr stearate a srealfotal dow Ar regal

The following members of Approval Committee were present during the meeting: -

ti. Shri Sandip Singh Payal, Asstt. Commissioner. CGST, Jaipur 2: Shri Y.S. Mathur, Joint Director, Deptt. of Industries.

Shri Chandrakant Mishra, Dy. DGFT Jaipur-| 4. Shri Dinesh Pahadia, Addl. G.M., RIICO, Jaipur. 5. Shri Sudhir Lohiya, Sr. Regional Manager, RIICO 6. Shri Pukhraj Sen, Advisor, Infra RIICO, Jaipur. 7. Shri Vimal Mishra, Dy. General Manager, Mahindra World City (Jaipur) Ltd. — Representative of Developer, Special Invitee.

ia Besides, during the meeting i) A. K. Meena, Dy. Commissioner (Customs), SEZ, Sitapura, Jaipur ii) Shri K.K. Meena, Assistant Development Commissioner, SEZ, Sitapura, Jaipur iii) Shri H.K. Meena SEZ, Sitapura, Jaipur were also present to assist the Approval Committee.

, SEZ, Sitapura, Jaipur ii) Shri K.K. Meena, Assistant Development Commissioner, SEZ, Sitapura, Jaipur iii) Shri H.K. Meena SEZ, Sitapura, Jaipur were also present to assist the Approval Committee.

r At the outset, the Chairman welcomed the participants. After brief introduction, each item included in the agenda were taken up for deliberation one by one. After detailed deliberations amongst the members of the Approval Committee as well as interaction with the applicants / representatives of the developer/ units, the following decisions were taken: - o1. fate 18.03.2019 I arratfera srqulen afta wt dow ot prdga oT arqeae :- The Approval Committee was informed that no reference against the decisions of the Approval Committee held on 18/03/2019 was received from any of the members of the Approval Committee or Trade and therefore, Minutes of the Meeting held on 18/03/2019 were ratified.

Aoaftafar gar anes degea weds fates (gerg-1)H1 Aonfear aed Pact ragR fais & fae@l Weald SRIBea] sqAea Scheme of Amalgamation & sya “Ho faut fees” & araFuktafta eet

n 18/03/2019 were ratified.

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2:1 It was informed to the Approval Committee that M/s. Appirio India Cloud Solutions Private (4 Limited (Unit-I) was granted LOA No.10/64/2013-SEZ/9257 dated 09.09.2013 for setting up of unit in | the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, lj Bhamboriya, Bagru Khurd & Newta, Tehsil-Sanganer, Distt- Jaipur (Rajasthan) for service activities ‘J namely “Computer Software Services, Back Office Operations, Data Processing and Support Centre’. The unit had executed Bond-cum-Legal Undertaking which has been accepted by the Competent Authority. The unit commenced production w.e.f. 19.12.2013 and after completion of the ig (i —— Page 1 of 12

Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd, held on 27.05.2019 first 5 years of operation the LOA of the unit has been renewed for the next five years i.e. upto “Ss 18.42.2023.

”

ti-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd, held on 27.05.2019 first 5 years of operation the LOA of the unit has been renewed for the next five years i.e. upto “Ss 18.42.2023.

”

2.2 It was informed that the unit vide its letter dated 16.04.2019 had submitted the proposal for change of entrepreneur in the wake of the merger of M/s. Appirio India Cloud Solutions Private Limited with M/s. Wipro Limited pursuant to a scheme of amalgamation approved by the National Company Law Tribunal (NCLT), Bengaluru Bench vide Order dated 29.03.2019. It was informed that the unit has submitted Copy of Order dated 29.03.2019 of the NCLT, Bengaluru Bench regarding approval of scheme of amalgamation of M/s. Appirio India Cloud Solutions Private Limited (including 3 other companies) into M/s. Wipro Limited, with effective date as 01.04.2018 (Appointed Date)

2.3. It was informed that the unit vide its email dated. 14.05.2019 had intimated that after the amalgamation, the name of the SEZ unit of M/s. Appirio India Cloud Solution Pvt. Ltd. will be Wipro Ltd.

2.4 It was informed that the details of shareholding pattern of M/s. Appirio India Cloud Solutions Private Limited w.e.f. 22.11.2016, as approved by the BoA in its meeting held on 12.05.2017 & conveyed vide this office letter dated 05.06.2017, are as under:-

|||&.|||Name ofshareholder|No. ofshares|% Share|
|---|---|---|---|---|---|
|| <br>||No.<br>()|||WiproLimited=+~||vegg99;|_|<br>99.99%]|

office letter dated 05.06.2017, are as under:-

|||&.|||Name ofshareholder|No. ofshares|% Share|
|---|---|---|---|---|---|
|| <br>||No.<br>()|||WiproLimited=+~||vegg99;|_|<br>99.99%]|

2.5 It was informed that as per Instruction No. 89 dated 17.05.2018, DOC has issued guidelines regarding change in shareholding pattern, name change of SEZ Developers and SEZ Unit. As per Para 5(ii) of said guidelines “Re-organization including change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution of unit located in SEZs may be undertaken with the prior approval of Approval Committee in respect of units subject to the condition that the unit shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern. All liabilities of the unit will remain unchanged on such reorganization”.

2.6. Further, as per Para 6 of said guidelines, such reorganization shall be subject to the following safeguards:-

i) Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity.
ii) Fulfillment of all eligibility criteria applicable, including security clearances etc., by the altered entity and its constituents; dyer Page 2 of12

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Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019

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Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019

. ili) Applicability of and compliance with all Revenue / Company Affairs / SEB! etc. Act/Rules _ which regulate issues like capital gains, equity change, transfer, taxability etc. iv) Full financial details relating to change in equity / merger, demerger, amalgamation or transfer of ownership etc. shall be furnished immediately to Member (IT), CBDT, Department of Revenue and to the jurisdictional Authority.
v) The Assessing Officer shall have the right to assess the taxability of gain / loss arising out 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.
- vi) The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable.
- vii) The unit shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT.

relevant State Government laws, including those relating to lease of land, as applicable.

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

2.7. It was further informed that vide Instruction No. 90 dated 03.08.2018, DOC has referred Instruction No.89 and further clarified that the phrase ‘prior approval of Board of Approval (BoA) / Unit Approval Committee (UAC)’ in para 5(i) & (ii) of the said guidelines in respect of Developer[/] SEZ unit means that approval of BoA/UAC, as the case may be, taken before the SEZ entity / unit is recognized by the new name or such arrangement in all the records. It may not be interpreted that prior approval of BoA/UAC is to be taken before approaching the Registrar of Companies or the National Company Law Tribunal as is being done in some cases came to the notice of the DOC.

2.8. It was also informed that following documents / information required to be submitted:-
- (i). | Copy of Certificate of Incorporation & MOA&AOA of M/s. Wipro Limited required to be submitted.
- (ii). Copies of Form-32/DIR-11/12 for appointment of directors of M/s. Wipro Limited along with copies of Passport / residential address proof and PAN Card of these directors required to be submitted.
- (iii). List of current directors of M/s. Appirio India Cloud Solutions Private Limited required to be submitted along with changes therein after 24.02.2017.

rectors required to be submitted.

(iii). List of current directors of M/s. Appirio India Cloud Solutions Private Limited required to be submitted along with changes therein after 24.02.2017.
(iv). A duly notarized undertaking on Rs.100/- Stamp Paper to the effect that consequent to amalgamation of companies all Assets and Liabilities of the SEZ unit of Ms. Appirio India Cloud Solutions Private Limited have been/shall be taken over by of M/s. Wipro Ltd. in respect of LOA No. 10/64/2013-SEZ/9257 dated 09.09.2013.
(v). Current shareholding details of M/s. Appirio India Cloud Solutions Private Limited and M/s. Wipro Ltd. duly certified by Chartered Accountant required to be submitted.
(vi). Copy of IEC of M/s. Wipro Limited. (vii). Board Resolution dated 31.08.2018 in respect of authorized signatory submitted by the unit is specifically given authorization to sign documents regarding setting up a fae — Page 3 of 3 of of

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Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd, held on 27.05.2019 new floor/new unit. Hence revised Board Resolution in respect of Mr. Raj Kumar

Singh, to sign instant proposal required to be submitted

dra World City (Jaipur) Ltd, held on 27.05.2019 new floor/new unit. Hence revised Board Resolution in respect of Mr. Raj Kumar

Singh, to sign instant proposal required to be submitted

2.9. Shri Sanjay Sharma, Jr. Account & Shri Goverdhan Sharma, Manager, appeared before the Approval Committee on behalf of the unit and explained the proposal.

2.10. After due deliberations, the Approval Committee approved the proposal for change of entrepreneur in the wake of merger of M/s. Appirio India Cloud Solutions Private Limited with M/s. Wipro Limited pursuant to scheme of amalgamation approved by the National Company Law Tribunal, Bengaluru Bench vide Order dated 29.03.2019, in terms of Instruction No. 89 dated 17.05.2018 & subsequent clarification issued by DOC vide Instruction No. 90 dated 03.08.2018, subject to the submission of required documents/ information. After Amalgamation, the name of the SEZ unit of M/s. Appirio India Cloud Solution Pvt. Ltd. would be Wipro Ltd. Further, the Approval Committee took note of the positive NFE of the unit during the block period 19.12.2013 to 18.12.2018.

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ay lt was informed to the Approval Committee that M/s. Appirio India Cloud Solutions Private Limited (Unit-Il) was granted LOA No.10/21/2017-SEZ/6281 dated 07.06.2017 for setting up of unit in the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta, Tehsil-Sanganer, Distt- Jaipur (Rajasthan) for service activities namely “Computer Software Services, Back Office Operations, Data Processing and Support Centre”. The unit had executed Bond-cum-Legal Undertaking which has been accepted by the Competent Authority. The unit had executed Bond-cum-Legal Undertaking which has been accepted by the Competent Authority.The unit commenced production w.e.f. 30.04.2018, accordingly LOA is valid upto 29.04.2023.

ority. The unit had executed Bond-cum-Legal Undertaking which has been accepted by the Competent Authority.The unit commenced production w.e.f. 30.04.2018, accordingly LOA is valid upto 29.04.2023.

3.2 It was informed that the unit vide its letter dated 16.04.2019 had submitted the proposal for change of entrepreneur in the wake of the merger of M/s. Appirio India Cloud Solutions Private Limited with M/s. Wipro Limited pursuant to a scheme of amalgamation approved by the National Company Law Tribunal (NCLT), Bengaluru Bench vide Order dated 29.03.2019. It was informed that the unit has submitted Copy of Order dated 29.03.2019 of the NCLT, Bengaluru Bench regarding approval of scheme of amalgamation of M/s. Appirio India Cloud Solutions Private Limited (including 3 other companies) into M/s. Wipro Limited, with effective date as 01.04.2018 (Appointed Date) fayre Page 4 of 12

Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019

3.3. It was informed that the unit vide its email dated. 14.05.2019 had intimated that after the amalgamation, the name of the SEZ unit of M/s. Appirio India Cloud Solution Pvt. Ltd. will be Wipro Ltd.

3.4 It was informed that the details of shareholding pattern of M/s. Appirio India Cloud Solutions Private Limited w.e.f. 22.11.2016, as approved by the BoA in its meeting held on 12.05.2017 & conveyed vide this office letter dated 05.06.2017, are as under:-

of M/s. Appirio India Cloud Solutions Private Limited w.e.f. 22.11.2016, as approved by the BoA in its meeting held on 12.05.2017 & conveyed vide this office letter dated 05.06.2017, are as under:-

|[|S]<br>Nan ofstacshatier<br>|<br>No.||No. ofshares_|% Share|
|---|---|---|---|
|Gi)<br>|WiproLimited—=—=~=~S~S*~*~S~S||799999|99.99%|
|' (iv) |Bhanumurthy BM jointly held with Wipro <br>i<br>ane|Ltd.<br>=|<br>Total:|1<br>0.01%<br>800000es||

ase lt was informed that as per Instruction No. 89 dated 17.05.2018, DOC has issued guidelines regarding change in shareholding pattern, name change of SEZ Developers and SEZ Unit. As per Para 5(ii) of said guidelines “Re-organization including change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution of unit located in SEZs may be undertaken with the prior approval of Approval Committee in respect of units subject to the condition that the unit shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern. All liabilities of the unit will remain unchanged on such reorganization”.

3.6. Further, as per Para 6 of said guidelines, such reorganization shall be subject to the following safeguards:-

i) Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity.
ii) Fulfillment of all eligibility criteria applicable, including security clearances etc., by the altered entity and its constituents;

responsibilities and obligations for the altered entity.

ii) Fulfillment of all eligibility criteria applicable, including security clearances etc., by the altered entity and its constituents;
iii) Applicability of and compliance with all Revenue / Company Affairs / SEB! etc. Act/Rules which regulate issues like capital gains, equity change, transfer, taxability etc.
iv) Full financial details relating to change in equity / merger, demerger, amalgamation or transfer of ownership etc. shall be furnished immediately to Member (IT), CBDT, Department of Revenue and to the jurisdictional Authority.
v) The Assessing Officer shall have the right to assess the taxability of gain / loss arising out 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, 1967. b cae Page 5 of 12

Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019

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

aia

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

evant State Government laws, including those relating to lease of land, as applicable.

aia

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

3.7. It was further informed that vide Instruction No. 90 dated 03.08.2018, DOC has referred Instruction No.89 and further clarified that the phrase ‘prior approval of Board of Approval (BoA) / Unit Approval Committee (UAC)' in para 5(i) & (ii) of the said guidelines in respect of Developer[/] SEZ unit means that approval of BoA/UAC, as the case may be, taken before the SEZ entity / unit is recognized by the new name or such arrangement in all the records. It may not be interpreted that prior approval of BoA/UAC is to be taken before approaching the Registrar of Companies or the National Company Law Tribunal as is being done in some cases came to the notice of the DOC.

3.8. It was also informed that following documents / information required to be submitted:-
- (i). Copy of Certificate of Incorporation & MOA&AOA of M/s. Wipro Limited required to be submitted.
- (ii). Copies of Form-32/DIR-11/12 for appointment of directors of M/s. Wipro Limited along with copies of Passport / residential address proof and PAN Card of these directors required to be submitted.
- (iii). List of current directors of M/s. Appirio India Cloud Solutions Private Limited required to be submitted alongwith changes therein after issuance of LOA dt.07.06.2017.

o be submitted.

(iii). List of current directors of M/s. Appirio India Cloud Solutions Private Limited required to be submitted alongwith changes therein after issuance of LOA dt.07.06.2017.
(iv). A duly notarized undertaking on Rs.100/- Stamp Paper to the effect that consequent to amalgamation of companies all Assets and Liabilities of the SEZ unit of M/s. Appirio India Cloud Solutions Private Limited have been/shall be taken over by of M/s. Wipro Ltd. in respect of LOA No. 10/21/2017-SEZ/6281 dated 07.06.2017.
(v). Current shareholding details of M/s. Appirio India Cloud Solutions Private Limited and M/s. Wipro Ltd. duly certified by Chartered Accountant required to be submitted.
(vi). Copy of IEC of M/s. Wipro Limited.
(vii). Board Resolution dated 31.08.2018 in respect of authorized signatory submitted by the unit is specifically given authorization to sign documents regarding setting up a new floor/new unit. Hence revised Board Resolution in respect of Mr. Raj Kumar Singh, to sign instant proposal required to be submitted.

3.9. Shri Sanjay Sharma, Jr. Account & Shri Goverdhan Sharma, Manager, appeared before the Approval Committee on behalf of the unit and explained the proposal.

3.10. After due deliberations, the Approval Committee approved the proposal for change of entrepreneur in the wake of merger of M/s. Appirio India Cloud Solutions Private Limited with M/s. Wipro Limited pursuant to scheme of amalgamation approved by the National Company Law pe Page 6 of 12

repreneur in the wake of merger of M/s. Appirio India Cloud Solutions Private Limited with M/s. Wipro Limited pursuant to scheme of amalgamation approved by the National Company Law pe Page 6 of 12

Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019 Tribunal, Bengaluru Bench vide Order dated 29.03.2019, in terms of Instruction No. 89 dated

;

~ 17.05.2018 & subsequent clarification issued by DOC vide Instruction No. 90 dated 03.08.2018, subject to the submission of required documents/ information. After Amalgamation, the name of the SEZ unit of M/s. Appirio India Cloud Solution Pvt. Ltd. would be Wipro Ltd.

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4.1 lt was informed to the Approval Committee that M/s. Maxop Engineering Co. Pvt. Ltd. had granted LOA No.10/13/2017-SEZ/3501 dated 28.03.2017 for setting up a unit in the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhambhoriya, Bagru Khurd & Newta, Tehsil-Sanganer, Distt- Jaipur (Rajasthan) for manufacturing of “High Pressure Die Casting Components & Making of Alloy”. The unit has executed Bond-Cum-Legal Undertaking which has been accepted by the Competent Authority. The LOA of the unit has been extended up to 27.06.2019.

e Casting Components & Making of Alloy”. The unit has executed Bond-Cum-Legal Undertaking which has been accepted by the Competent Authority. The LOA of the unit has been extended up to 27.06.2019.

|4.2|It|was informed that the unit|was informed that the unit|was informed that the unit|vide|its letter dated 09.03.2019 & subsequent letter dated|
|---|---|---|---|---|---|---|
|09.05.2019 had|||submitted|proposal|for|approval<br>of<br>10<br>Nos.<br>additional<br>services<br>along with|
|justification for requirement ofthese services in respect of authorized operations of its unit, as given|||||||
|below:-|||||||
|'S.No.|<br>i<br>(i).<br>|||Proposed Service<br>a<br>Hiring ofBus||||Justification<br>for requirement ofproposed service<br>__given<br>by the unit<br>| In the authorized service list, the exemption is given<br>| only for rent<br>a cab. The location of Mahindra SEZ is out|
|||||||of Jaipur City and the facility of public transport<br>is|
|||||||negligible. Therefore, they want to<br>hire the bus for|
|||||||commutation of the employees.|
|a<br>(il).||Payment|ofOcean|Freight||As per the IGST notification, the importer is required to|
|||||||pay the GST on reverse charges basis on the ocean|
|||||||freight.<br>The<br>SEZ<br>units<br>have<br>been<br>granted<br>the|
|||||||exemption of IGST on import of services for authorized|
|||||||operation.<br>The unit needs to import the goods time to|
|||||||time for authorized operation and required to pay the|
|||||||oceanfreight. Hence the approval is required.

ces for authorized|
|||||||operation.<br>The unit needs to import the goods time to|
|||||||time for authorized operation and required to pay the|
|||||||oceanfreight. Hence the approval is required. -|
|_<br>(iii).||7<br>Membership & subscription<br>(for|<br>membership of association such||||As per SEZ<br>rules,<br>the membership<br>of EPCES<br>is<br> |mandatory for availing the SEZ incentives.<br>Therefore,|
|(iv).|_|[as EPCES)<br>Business Auxiliary||Services||they require theapproval ofthis service.<br>The unit will commence the production during current|
|||||||financial year and will avail the services for supporting|
|||||||their manufacturing operations.<br>.|
|(v).||Foreign <br>services|Exchange and broking||||The unit is paying the commission on foreign outward<br>remittance related to import and they will also avail the|
|||||||broking<br>services<br>on<br>inward<br>remittance<br>related<br>to|
|=||||7|exports.<br>ee<br>Page7of12||

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Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019

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Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019

|(vi).|(vi).||InsuranceAgent Services||The unit has to take the insurance of their assets of||
|---|---|---|---|---|
||||the plant hence they need to avail insurance agent||
|=<br>| (vii).<br>|||———————<br>Management and business<br>consultant services|services.<br>ee<br>The unit will commence the production during current<br>financial yearand will avail the services forsupporting||
|||_|their manufacturing operations.|||
||(viii).||Photography services|The<br>unit<br>needs<br>the<br>photography<br>services<br>for||
||||promotion of their export in the international Market.||
|||2|Hence the approvalis required.||
||(ix).|Real Estate Agent’s services|The unit<br>is required to avail the real estate agent||
||||services for the agreement and registration work etc.||
|||7|related to land and building.||
||(x).|Video production agency’s|The<br>unit<br>needs<br>the<br>photography<br>services<br>for||
|||services.|promotion of their export in the international Market.||
||ie||Hence the approval is required.||

roduction agency’s|The unit needs the photography services for|| |||services.|promotion of their export in the international Market.|| ||ie||Hence the approval is required.||




4.3 It was further informed that as per DOC vide Instruction No.79 dated 19.11.2013 and subsequent letter dated 19.06.2014 & dated 09.07.2014 had issued a uniform list of 66 nos. of default services which may ordinarily be permitted by all UACs unless anything to the contrary is noticed. It is further mentioned in Instruction No.79 that other services which are not included in the uniform list may be decided by UAC on merit. Further, BoA in its meeting held on 17.11.2017 has approved reiteration of these 66 Nos. default services after implementation of GST, which had been conveyed vide DOC letter dated 02.01.2018. 

4.4 lt was further informed that recently DOC vide Instruction No. 94 dt.08.05.2019 has included “Management and Business Consultant Services” in the default services subject to the condition that exemption for “Management and Business Consultant Services” would be limited to the value of services availed or consumed by the SEZ entity only and that the unit shall produce evidence to that effect to the satisfaction of the authorities concerned that the said service was consumed in related to their authorized operations only. 

4.5. Shri Rajesh Kumar Jha, Manager, appeared before Approval Committee on behalf of the unit and explained the requirement of proposed additional services.

d to their authorized operations only. 

4.5. Shri Rajesh Kumar Jha, Manager, appeared before Approval Committee on behalf of the unit and explained the requirement of proposed additional services. 

4.5 After due deliberation, the Approval committee approved following 09 Nos. additional services :- 

|(i)|Hiring of Bus - Exclusively for|use by the employees ofSEZ unit.|||
|---|---|---|---|---|
|(ii)|Payment of Ocean Freight|-— Specifically related to the authorized operations to be|||
||carried out in SEZ.||||
|(iii)|Membership & subscription (for membership ofassociation such as EPCES)||||
|(iv)|Business Auxiliary Services|- Exclusively for works related to authorized|operations||
|||a|Page8of12|_|



||||Minutes ofApproval Committee meeting|Minutes ofApproval Committee meeting|
|---|---|---|---|---|
|||of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019|||
|||carried out within the SEZ.|||
|i|(v)|Foreign<br>Exchange<br>and<br>broking<br>services<br>-<br>Specifically<br>relating<br>to<br>the||authorized|
|||operations carried out by the employees working in|SEZ.||
||(vi)|Insurance Agent Services- Specifically for services|rendered in respect of assets of the||
|=||unit within SEZ.|||
||(vii)|Management and business consultant services-|- Specifically related to|authorized|
|||operations carried out within the SEZ.|||
||(viii)|Photography services - Exclusively for business development activities carried||out within|
|||the SEZ only.|||
||(ix)|Video production agency’s services<br>- Exclusively|for business development activities||

hy services - Exclusively for business development activities carried||out within|
|||the SEZ only.|||
||(ix)|Video production agency’s services<br>- Exclusively|for business development activities||
|||carriedoutwithintheSEZonly.|||



05. ato ufelt Agra ferfares, do after aes PAet (SrAGR) fete, Hediisaefaery siften aa, aH: $. AS. feast 54 & HAN Valea Ar fate vad ata a Halt HT WeATa 

5A lt was brought to the notice of the Approval Committee that M/s Poly Medicure Ltd. had been granted LOA No. 10/326/2010-SEZ/6707 dt.06.09.2010 for setting up a unit in the Multiproduct SEZ (then ITATES) of M/s Mahindra World City (Jaipur) Ltd., Village- Kalwara, Jhai, Bhambhoriya, Bagru Khurd & Newta, Tehsil- Sanganer, Distt-Jaipr (Rajasthan manufacturing of |.V Cannula/ Safety IV Cannula, Blood Collection Tubes, |.V. Sets/Infusion Sets, Catheters, Other Medical Devices and Components.. It was informed that the unit had commenced its production on 30.05.2014 and after completion of first five years of operation the LOA of the unit has been renewed up to 29.5.2024. 

52 It was further informed that export performance of the unit during the period from 30.05.2014 to 31.03.2019 signed by NSEZ CA Firm, year wise Performance/NFE achievement status of unit as per APRs & verified by NSEZ CA firm is as under:

formance of the unit during the period from 30.05.2014 to 31.03.2019 signed by NSEZ CA Firm, year wise Performance/NFE achievement status of unit as per APRs & verified by NSEZ CA firm is as under: 

(i) Performance/ NFE status for the period (2014-15 to 2018-19) Rs. (in Lakhs) FOB value Pending Foreign Year NFE Earned DTA Sales we | Stan | aesamet | M88 | ect en [sores [reas [eens | ee [0 [sore | araras | renref esa [00 [son | area [vaca [eae [ao [_sorrie [aaa | arosoo | oreae [00 [zee [eaasst |[esererenms[o] Total 13697.52 5924.13 2418.89 0.00 a Page 9 of 12 

Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019 

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5.3 It was further informed that the unit had requested for surrender of its Plot No. PA-010-018 as no activity has been performed by the unit from the said plot. The unit has mentioned that they have got the opportunity for expansion of their product & for that they are planning to create a new unit in the same plot with fresh investment, Export and generation of additional employment in the said unit. and NOC from developer dt.14.05.2019 for demerging of said plot from this LOA is obtained.

t in the same plot with fresh investment, Export and generation of additional employment in the said unit. and NOC from developer dt.14.05.2019 for demerging of said plot from this LOA is obtained. 

5.4. Shri Rakesh bothra, G.M, Sh. J.K. Baid, Director, Sh. Vishal Baid Promoter, appeared before Approval Committee on behalf of the unit and explained the proposal. 5.5. After due deliberation, the Approval Committee took note of the positive NFE for the period i.e. year 2014-15 up to 2018-19 in terms of Rule 54 of SEZ Rules, 2006. The Approval Committee also approved the request for surrendering of Plot No. PA-010-018. 

- 06 «=.Mo. uae far uigde fafaes, Ho afkar aeS FAA (STAGE) Me, eewsaefactw ante etaae: HAART, SS, AAARA, aw OE vd Aaer, ceva Bisex, fre: TIGR, H fea sHrs or farts ania ata a faa & ued wa.s.cls. feraat 54 & 3teqane Water Ay rane HT WEA | 

6.1 It was informed that M/s Genpact India Pvt. Ltd. had been granted LOA No. 10/106/2011SEZ/7774 dated. 29.09.2011 for setting up a unit in the Multiproduct SEZ of M/s. Mahindra World City (Jaipur) Ltd. at Village - Kalwara, Jnai, Bhambhoriya, Bagru Khurd & Newta, Tehsil- Sanganer, Distt-Jaipur (Rajasthan) for service activities i.e. “/T/ TES’. The unit had commenced its production on 30.08.2012 and after completion of first five years of operation the LOA of the unit has been renewed up to 29.08.2022.

r service activities i.e. “/T/ TES’. The unit had commenced its production on 30.08.2012 and after completion of first five years of operation the LOA of the unit has been renewed up to 29.08.2022. 

6.2. It was further informed that export performance of the unit during the period from 30.08.2017 to 31.03.2018 signed by NSEZ CA Firm, year wise Performance/NFE achievement status of unit as per APRs & verified by NSEZ CA firm is as under: 

Performance/ NFE status for the period (2012-13 to 2017-18) 

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Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019 

63. No one from the unit appeared before the Approval Committee. 

aes 

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6.3 After due deliberation, the Approval committee monitored the performance of the unit and took note of the positive NFE of the during the 2012-13 to 2017-18, in terms of Rule 54 of SEZ Rules, 2006.

After due deliberation, the Approval committee monitored the performance of the unit and took note of the positive NFE of the during the 2012-13 to 2017-18, in terms of Rule 54 of SEZ Rules, 2006. 

o7. do ut ade fafetsar fo affar aes TAA (Hay fefaes AY mar Same fate aifien aa a as seis Canta axa HT 3daet UsFaeeh | fil It was brought to the notice of the Approval Committee that M/s. Poly Medicure Ltd. has submitted proposal for setting up its 2™4 unit over an area of 14422.74 Sq. mt. land at Plot No. 010018 in the Multi-Products SEZ of M/s Mahindra World City (Jaipur) Ltd. located at Village Kalwara, Jhai, Bhamboriya, Bagrukhurd & Newta, Tehsil-Sanganer, DisttJaipur (Rajasthan) for “manufacturing & export of following items: - Item description Annual capacity |.V Cannula a : 45000000 Nos. | FeedingTube | 00000 Nos. Other Medical Devices & Components - 3000000 Nos. SuctionCatheters ee 6000000 Nos. Yaunkur Tube ; 3000000 Nos. Td It was informed that the applicant has mentioned the projected export of Rs. 14070.00 Lakh and the NFE of Rs. 9170.00 Lakh over a period of five years. It was also informed that the investment of Rs.1752 lakhs towards imported and Rs. 358 lakhs towards Indigenous Plant and Machinery. the applicant has also shown the requirement of imported & indigenous raw material of Rs. 4094 lakhs & Rs. 2730 lakhs, respectively. It was informed that the applicant has submitted NOC dt.14.05.2019 from the SEZ developer for demerging of Plot No. PA-010-018 from LOA and application for fresh application of LOA on the same land.

It was informed that the applicant has submitted NOC dt.14.05.2019 from the SEZ developer for demerging of Plot No. PA-010-018 from LOA and application for fresh application of LOA on the same land. The same may be construed as Provisional Offer from the developer.

## “3 

lt was informed that the following discrepancies have been observed in the application:- 

- (i) Items of manufacture as shown under the head “Other Medical Devices & Components” in para V of Form F is required to be shown in detail. 

- (ii) | Value of indigenous capital goods given is Rs.358 lakhs in para VI as against Rs.288 Lakhs given in Para VII. 

- (iii) Reply in respect of Para XII (iv) should be given in ‘Yes’ or ‘No’. The Applicant has mentioned ‘NA’. 

- (iv) In para XII (ii) of Form ‘F’, details needs to be given in r/o existing LOAs under SEZ scheme etc. 

- (v) In Para VIII (2), built up area should be kept Nil being inapplicable in view of requirement of land. 

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Page 11 ofead12 

Minutes of Approval Committee meeting of the Multi-Product SEZ of M/s. Mahindra World City (Jaipur) Ltd. held on 27.05.2019 (vi) In Form-F para-X1(ii) details need to be given in respect of shareholding. Besides, in : para VII value need to be given in normal INR. 

m 

- (vii) The Applicant has shown unit-| on pages of Project Report which may be got clarified. (vili) Copy of INC-22 in support of current Regd. office address may be requested. (ix) Copy of PAN card of Mr. J.K Baid and Mr. Alessandro Balboni may be requested.

ort which may be got clarified. (vili) Copy of INC-22 in support of current Regd. office address may be requested. (ix) Copy of PAN card of Mr. J.K Baid and Mr. Alessandro Balboni may be requested. 

- ~ (x) | Manufacturing process flow chart of proposed items. (xi) Submit updated list of directors, as the list of directors submitted along with proposal is different as compared to the details available on MCA website. 

   - (xii) Passport of director Sh. Devendra Raj Mehta has been expired. Besides, residential address proof of Sh. Shailendra Raj Mehta is required to be given. 

   - (xiii) Bio-data of directors viz. Prakash C Surana, Sandeep Bhargava, Mukulika Baid, Devendra Raj Mehta, Shailendra Raj Mehta, Alessandro Balboni also required to be submitted. 

   - (xiv) Copy of MOA and AOA not submitted along with the new proposal. 

   - (xv) Form-32 of appointment of directors (other than the first directors as mentioned in M&AoA) of company. In case of cessation of first director(s), Form 32 showing their cessation may also be submitted. 

   - (xvi) The Breakup of proposed foreign exchange outgo required to be given. (xvii) Audited Balance Sheet for the FY 2015-16 and 2016-17 and 2017-18 are required to be submitted. 

   - (xviii) List of raw material required to be given along with ITC(HS) codes. 

   - (xix) Undertaking to fulfil the applicable environmental and pollution control norms in respect of proposed project. 

   - (xx) Current shareholding details of applicant company duly certified by CA.

x) Undertaking to fulfil the applicable environmental and pollution control norms in respect of proposed project. 

   - (xx) Current shareholding details of applicant company duly certified by CA. 

   - (xxi) Specific Information required by Income Tax Department. 

7.4 Shri Rakesh Bothra, Sr. G.M, Sh. J.K. Baid, Director & Sh. Vishal Baid, President-Sales & Marketing, appeared before Approval Committee on behalf of the unit and explained the proposal. 

7.5. After due deliberations, the Approval Committee approved the proposal subject to the submission of all required documents. The Approval Committee directed the representatives of the unit to submit required documents within a week. 

The meeting ended with a vote of thanks to the Chair. 

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