IN FORCE SEZ / EOU / FTWZ 2023-08-10

MINUTES OF THE MEETING OF APPROVAL COMMITTEE FOR EXPORT ORIENTED UNITS HELD ON 28.07.2023.

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File No.EQU-11/239/2022-STS

MINUTES OF THE MEETING (2023 SERIES) OF THE APPROVAL COMMITTEE FOR EXPORT ORIENTED UNITS HELD UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 28.07.2023 AT 12:00 PM THROUGH VIDEO CONFERENCE. TTee eT

Members Present:;-

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|---|---|---|---|---|---|---|---|---|
|1|Bi|C.P.§.|Chauhan]|—|2,Commissioner, Development|SEEPZ-SEZ.|
|.|.|
|2|;|JointCommissioner|[Nominee|ofIncome|Tax|office,|Kautilya|
|;|ia, eeeShri. Suni Mathews Dhar|DeputyIncome Director Tax DGFT|Bhawan,[Nominee Bandra, of the DGFT, Mumbai. Mumbai.|
|4||smt|Kirti Deshmukh|Deputy|Director|omince|of Directorate|of|Industries,|
|||5|Shri. J.M.|Bhoite|Supdt.IndustriesOf Customs|Mumbai.FR Satara, Sindhudurg Customs|Division|
|[6|ri.|Chef|DE Aruaja|

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Shri, Manish Kumar, ADC (EOU); Shri Rajesh Kumar,UDC, attended for assistance and smooth functioning of the meeting.

At the outset, the Chairperson welcomed the members on joining mecting through Vidco Conference.

Agenda Item No.01:-Confirmation of minutes of the meeting held on 30.06.2023.

The Committee confirmed the minutes of meeting held on 30.06.2023 with consensus.

Agenda Item No. 02:- Monitoring of performance of M/s. Savannah Surfactants Ltd.,

1] The Committee was informed that, M/s. Savannah Surfactants Ltd., was issued LOP No PER:32(2008):SEEPZ/LA-I1/03/2009-10/3849 dated 17.04.2009 and amended for Manufacture & Export of “Foods Ingredients/ Foods Emulsifiers”. The date of commencement of production is w.c.f. 03.05.2011.

2] The Unit had submitted all the APRs duly certified by Chartered Accountant. The performance of the unit was calculated in terms of provision of FTP/HBP. The unit has achieved positive NFE on cumulative basis for the 1" block period (2011-12 to 2015-16) as follows:-

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|---|---|---|---|---|
|Year of Monitoring|NFE|
|[|1S*Block Period]|(On|Cumulative|basis)|
|(Rs.|in|lacs)|
|201-2|EC|
|201-3|576.64|

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File No.EQU-11/239/2022-STS

2013-14 1328.50
2014-15 2194.93
2015-16 2936.45

Decision:-Afier deliberation, the Committee noted the performance of the unit for the 1" block period i.e. 2011-12 to 2015-16 and further noted that the unit has applied for Exit.

AgendaItem No. 03:- Monitoring ofperformance of M/s. Magnesia Chemical LLP .

1] The Committee was informed that, M/s. Magnesia Chemical LLP., was issued LOP No SEEPZ-SEZ/EOUs/29/MCL/20-21/15048 dated 06.09.2021 as amended for Manufacture& Export of “Potassium Permanganate”. The date of commencement of production is w.e.f. 03.05.2022.

2] The Unit had submitted all the APRs duly certified by Chartered Accountant. The performance of the unit was calculated in terms of provision of FTP/HBP. The unit has achieved positive NFE on cumulative basis for the 1“ block period (2022-23 and 01/04/2023 to 19/07/2023) as follows:-

YearofMonitoring NFE
[ 1$*BlockPeriod] (OnCumulativebasis)
(Rs. inlacs)
2022-23 2761.40
01/04/2023 to 19/07/2023 3760.28

Decision:-After deliberation, the Committee noted the performance of the unit for the I“'block period 1.€.2022-23 and 01/04/2023 to 19/07/2023 and further noted that the unit has applied for Exit.

Meeting ended with a vote of thanks to the Chair.

( Rajesh Kumar

Mishra, IRS)

Chairperson-cum Development

Commissioner

SEEPZ-

SEZ

Signed by Chanderpalsingh Chauhan Date: 10-08-2023 18:19:11 Reason: Approved

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