IN FORCE SEZ / EOU / FTWZ 2025-02-28

Agenda for the Approval Committee meeting held on 03.03.2025 -Persipina-SEZ

Document text

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----- Start of picture text ----- ates fasty arte aa SEEPZ SPECIAL ECONOMIC ZONE Hat (Ta), TTS ANDHERI (EAST), MUMBAI. AGENDA FOR aed wate saad sede frets & arcversdigua & fre aa faire faste aia aa & fer aqures alate Ft tom MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF M/s. PERSIPINA DEVELOPERS PRIVATE LIMITED. eI aes har, TAT Aire, fears area aT Haters, aoa-ae, VENUE + Gonference Hall, 2°¢ Ploor, the Office of the. Development Commissioner, SEEPZ-SEZ, Andheri (East), Mumbai. feata : arqare, 03 ara, 2025 DATE : Monday, 03" March, 2025 aay : -WeaTet 12:00 at TIME : 12:00 PM kkkKR KER ER ----- End of picture text -----

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Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of M/s. Persipina Developers Private Limited - SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Monday, 034 March, 2025.

qantas / INDEX

aed Aa a. erear Agenda Item No. Subject[a.][01] ard[Aa] nis feet 07.02.2024 at sralfsa don & arlaa $Y ise Agenda Item No. 01: - | Confirmation of minutes of the meeting held on 07.02.2024. . Aad aleer srer afddtar wsde faites & fala av 2019-20 & fadia av 2023-24 & few yasia Ar faantett area aa H. 02 eT| Agenda Item No. 02: - Monitoring performance for the FY 2019-20 to FY 2023-24 of M/s. Yotta Data Services Private Limited.

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Minutes of 418* Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Persipina Developers Pvt. Ltd. - SEZ, Powai, Mumbai, under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on, 07.02.2024, at Second Floor SEEPZ Service Centre, SEEPZ SEZ, Mumbai.

|Name of the SEZ|||:<br>M/s. Persipina Developers Pvt. Ltd.|:<br>M/s. Persipina Developers Pvt. Ltd.|
|---|---|---|---|---|
|Sector|||:<br>IT/ITES||
|3. Htfertae|||:<br>41d||
|Meeting no|||><br>gat||
|4. fare|||><br>07.02.2024||
|Date|||:<br>07.02.2024||
|waited eet:|||||
|4<br>hri.<br>C<br>P,<br>ee<br>hauhan|E|S.pt<br>Development|.<br>a<br>bao<br>Nee<br>~<br>ommissioner,||wn<br>SEEPZ-SEZ|
|fh oftex aftr|||Fath ATHATTHL|ATT ayeHera, Hare HATA|
|2<br>hri.<br>LeiderUoint<br>Comumissioner|Nominee of Commissioner of Income|||||
|IPanicker|||Income Tax|Tax office; Mumbai.|
|3<br>hri.<br>Himanshu<br>Dhar Pandey|||gh<br>eputy DirectorDGFT|INorninee ofthe Additional DGFT,<br>;<br>umbai.|
|Bind Attaaa|||||BatesSat|srt seedy,FERSaeart H arfat|
|4<br>(Smt. Kirti|||Deputy<br>DirectorjNominee ofDC Industries,||
|Deshmukh|||Industries|yovernment ofMaharashtra.|
|eit<br>altarseTaTy<br>S)<br>ek)<br>_**.**<br>mt. Sunita Jagtap|||2<br>Superintendent.<br>fe)<br>ustoms|THT<br>(eHMAH, TATA, WIL BMT, ARIK<br>a<br>:<br>ee<br>Yominee of Commissioner of<br>P<br>ustoms,General,AirCargo,Sahar.|

waited eet:

ff. ac hae : fafafés afaard. sfatear Shri. R.K. Jain: Specified Officer, Persipina-SEZ.

: 252764/2024/NS

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| | | | , *

at . edie adt , waht ya), at adi Shri. Hanish Rathi, ADC (New SEZ), par, wet (Ae), ThrVar araz, weit (-q Shri Manish Kumar, ADC (New SEZ}, aa); ft. ofi-wa. werd, verre siz oft ait pare Smt. Rekha Nair, ADC (New SEZ); Shri. dia, vadhit (ee ae) Jon H agrzat ate |are G.S.Bhandari, Assistant and Shri. Ashok wares * ferz aft afer eul Kumar Meena, LDC (New SEZ) also attended for assistance and smooth functioning of the mecting. arigdtwz dear 01 : feata 06.10.2023 af AgendaItem No. 01_: Confirmation of arasra 40of aon & areiger rae Minutes of the 40 meeting held on feat 06.10.2023 a aritfre 40 af 06.10.2028. aon hb Hrdae ft sears & GS Hh wes | eereereneeranet The Minutes of the 40‘? Meeting held on 06.10.2023 were confirmed with consensus. wrede[fafies] He deqr_02ar ted wfefta: Aad wauandhtae fee Sea r Faxarfaa- AgendaNMDC ItemData No,Centre 02 : ApplicationPrivate Limitedof M/s.for Limit located at M/s. Persipina— SEZ. fates, aad ofiftr- ar F fear F ania The unit M/s. NMDC Data Centre gsftre aTTT aA at artat aTHr arate- far a)g Private Limited located at M/s. : : : # oie’ ® are Persipina-SEZ has requested _— for enhancement of Imported Capital Goods ware aT waa fac fraTae SVT: init. The projection details of the unit post enhancement of Imported Capital Goods limit will be as under: aul etind ate & aga he TERT SS (mas waa F) . frre : (Fas wa F) Revised ae Particulars Existing Projection as per| projections S.No. all approved bond and (Rs. In 2nd addition of location Crores) approval (Rs. In Crores) 1 prarfed Ssthra ara, daa At atte [Imported Capital Goods, Plant and 65.72 5102.73 Machinery

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	raatstraaaa, Fast	sire weft
2	{Indigenous Capital Goods, Plant and		253.53	253.53
	Machinery
5	eee<br>Imported Services		10.75	10.75
	rea, arse Fifer, wont, aver Fare,
	safe wraftoar arte	a feo eqesft
4	art		750.00	750.00
	Indigenous<br>Services<br>towards<br>Rental,
	House<br>Keeping,<br>AMCs,<br>Security
	ervices,<br>Professional	fees,<br>Internet
	leasedLine,Operating	expsetc.

feet: ferare-farst & ara, afafa a aw fae, Decision:After deliberation, the 2006 % frrt 19 (2) * aqare ararfia tsftrt¢ ~Committee approved the proposal of amare At ef Al OC6S.72 Here wT A agr~z =M/s. NMDC Data Centre Private Limited 5102.73 7sEN Set > wetm.' Bhe few ~ Feet aiaSal orBS locatedce a €at M/s.53 Persipina-SEZPersipi € -S eZ, foi r ae tals (a ik. . —. . enhancement of Imported Capital Goods limit from Rs. 65.72 Crores to Rs. ara HT AST 3 aT 5102.73 Crores in terms of Rule 19 (2) of SEZ Rules, 2006. eal Bl METAS ATTA A ATA aay wary Bel Meeting ended with the vote of thanks to the Chair.

ATH,

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----- Start of picture text ----- aa \ pe) (UrsterPATS FAT, BTSHATTTA) HE -AS-FaHTT ateq-: ----- End of picture text -----

feet 07.02.2024 at aratisra avet ton & fru A ag artars QagleeFT aA! |_____sHls HT ATAAction taken for the UACfaxa/Meeting held on 07.02.2024 AY 1S HNaTS/ ia Name of SEZ Name of Unit Application ofSubjectM/s. NMDC Data Action Taken} PersipinaSEZ - DataiA BINCentre enhancementceatiePeveof Importedte nee TaCapital: Letter dated 20.03.2024ae has been Private Limited Goods limit located at M/s. pe aren a Persipina-SEZ.

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. Yotta Data Services Private Limited a Service unit located at P3 Level, Building Edinburgh, M/s. Persipina Developers Pvt. Ltd., IT/ITES-SEZ, Bhokarpada Village, Panvel-410206 for 1$' to 5! year i.e. 2019-20 to 2023-24 of 1§' Block period (FY 2019-20 to 2023-24).

b. Specific Issue on which decision of AC is required: -

Monitoring of the performance of the unit for 1' year i.e. FY 2019-20 to FY 2023-24 of *' Block period (FY 2019-20 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 guidelines given in Annexure appended to these rules”.

d. Other Information: -

Approved Projections: (15' Block Period) (Rs. in Cr.)

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----- Start of picture text ----- pe ar ayia 2019-20 2020-21 2021-22 2022-23 2023-24 eeExportsvale 8) eg | nite | tt 12.60 13.23 | 220.76 FE Outgo 99.04 [0.00 NFE (27.14) 111.04 | 5.306.70 7.28 5.537.89 105.77 ----- End of picture text -----

Performance as compared to projections: For FY 2019-20 to 2023-24

(Rs. in Cr. and USD in Millions)

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----- Start of picture text ----- FE OUTGO Yie E— t Raw Material C.G. import Peed (Goods/Services) cuainmad en ee | ee a oateezoeoeT [11.04 | 3.66 [0.00| 0.00 cee | 1200 [2087 [0.00| 0.00} 15.00 oases NR2 OS eo| OT | 1323 | 7572 | 0.00 | [0.00] 220.76 _| 0.00} “430 | 11920 | 0.00 | [000] | 1500 | 093 | 4.45 | ----- End of picture text -----

Cumulative NFE achieved: (Rs. in Cr.)

| |

Cumulative NFE| Achieved (As per Achieved APR) poes2e [105.77 [fost | toaes%

Other Information:

Dated 09.10.2019 Location of Unit P3 Level, Building Edinburgh, M/s. Persipina Developers Pvt. Ltd., IT/ITES-SEZ, Bhokarpada ae «(04.08.2025 Validity ofLOA Item(s) of manufacture/ Services Service Oriented Activity: Setting up the Data center-rack space and associated utility infrastructure services for the purpose of hosting the servers/storage/software applications/websites etc, Computer Software Services (CPC-84210) and Information Technology Enabled Services in the nature of Support Centre's (such as integration services and website services to end customers, to provide cloud services and/or to resell the cloud services of other cloud operators to the end customers) (CPC-849), and Remote Maintenance (CPC-842). EAST EUUI M Walidity of Lease Agreement Yes Pending CRA Objection,fany | Order/Recovery Notice/ Recovery Order issued, if any =Projected Employmentaiedeaceefor the block|Men—SO30 period Women — 05 ewaloted(ineg fy Total35 Perera as Se aa teminal | ae date (Rs. In Lakhs) reps, UemeAe og mat eee [ee a

Quantity and value of goods exported under Rule 34

(unutilized goods) Value Addition during the monitoring period Whether all the APRs being considered now has been filed well within the time limit, or otherwise.

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----- Start of picture text ----- N.A. Yes ----- End of picture text -----

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

The Specified Officer report vide letter dated 27.02.2025 has submitted reported as detailed below:

A. EXPORT-

(Rs. in Crores and USD in Millions)

|Year/Period||Figures as|Figures as per|Difference ifany|Figures as per|Difference ifany|Figures as per|Difference ifany|Figures as per|Difference ifany|Reason for|
|---|---|---|---|---|---|---|
||per APR|Softex/SB /||||Difference/Remark in|
|||Customs||||INR as conveyed by the|
|||Records (INR)||||unit|
|(1)<br>2019-20||INR |USD/INR | USD <br>(5)<br>0.005<br>0.52<br>0.00|||| INR | USD[OO<br>(6) =<br>|(7) = (3)<br>(8)<br>(2) -(4)}<br>- (5)_<br>(0.01)<br>0.00<br>|Exchange Rate Variation -|||
|||||||Rs. (0.01) Crore|
|2020-21|3.66 |0.50 | 0.20||0.03|3.46|0.47|(i) Deemed Export - Rs.|
|||||||3.69 Crore|
|||||||USD 0.51 Million|
|||||||(ii) Credit Note - Rs.|
|||||||(0.23) Crore|
|||||||USD (0.03) Million|
|2021-22|20.87|2.84 | 7.30||0.97|L3%o17|LidZ|(i) Deemed Export - Rs.|
|||||||20.74 Crore:|
|||||||USD 2.82 Million|
|||||||(ii) Credit Note - Rs.|
|||||||(7.15) Crore|
|||||||USD (0.96) Million|
|||||||(iii) Exchange Rate|
|||||||Variation - Rs. (0.02)|
|||||||Crore|

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----- Start of picture text ----- 2022-23 . | 18,95 | 2:36 | 23.62) 2.97 (4.68) (0.61) (i) Deemed Export - Rs. 2.42 Crore USD 0.31 Million (ii) Credit Note - Rs. (6.96) Crore USD (0.91) Million (iii) Exchange Rate Variation - Rs. (0.14) 2023-24 |75.72| 9.21 | 71.67 | 8.71 4.05 0.50 (i) Deeméd@ port - Rs. 4.52 Crore USD 0.55 Million (ii) Credit Note - Rs. (0.46) Crore USD (0.06) Million (iii) Exchange Rate Variation - Rs. (0.01) Crore ----- End of picture text -----

B. IMPORT

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

(Rs. In Crores and USD in Millions)

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(ii) Raw material

(Rs. In Crores and USD in Millions)

|Year/Period||Figures as | Figures|as per | Difference if any|as per | Difference if any|Reason for|
|---|---|---|---|---|
||per APR<br>Softex/SB /|||Difference/Remark|
||Customs|||in INR as|
||Records|(INR)||conveyed by the|
|||||unit|
|(1)|INR | USD |INR|<br>(2)<br>(4)||2 a<br>(6) = (2) (7) = (3) -||
||||-( 4)<br>(5)||
|2022-23 <br>2023-24|rer 0.00 | 0.00<br>Bene0.00|0.00|0.00<br>0.00|0.00<br>0.00<br>0.00<br>0.00||

C. BLUT

1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services)

Value of Additional BLUT executed F.No. SEEPZ-SEZ/NEW-SEZ/PRSPN/02/ 2019-20/23074 dated 29.11.2019

e Year: e BLUT amount:

Rs. 99.24 Crores

TOTAL value of BLUT Executed: Total: Rs. 99.24 Crores inCrore eo 2 Total Duty Foregone on goods & PY Goods Services services procured (Category-wise (Imported & BLUT value utilized separately for Indigenous) [Rs. in imported and indigenous goods and [Rs. in Crores]| Crores] services) This should be based on! 29019-2020 aT Sa e BLUT worksheet which provides for 2020-2021 0.58 estimated value and duty foregone 5021-2022 separately for each category of procurement. 2022-20232023-2024 |[0.00] | 0.07__| Aik cote |0.00cea |Weel0.02_—|

| | | |

a Has the Unit procured goods and or|No 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 (d) |Employment made as on date Gender |As per the LoA As on (As[on][end][of][block][period][/][year][up] oe(Form F) to which monitoring is being done)imen ae eas ee Meteh 2024) Women| 15 | 90 (e) Details of pending Foreign|No. Remittance beyond Permissible period, if any (As on 315'March, 2024) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained. (f) Whether all Softex has been filed forjYes, all the Softex form are filed upto the said period. If no, details thereof. [March 2024. SO, to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. (g) Whether all Softex has been certified,|Yes, all Softex forms are Certified upto if so till which month has the same/March 2024. been certified. If not, provide details of the Softex and _ reasons for pendency. (h) Whether unit has filed any request for/No Cancellation of Softex (i) Whether any Services provided in/No 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) (j) SO to verify and certify whether thejN.A. unit has updated the BLUT ledger ster pda he sur ose

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----- Start of picture text ----- (k) Has the unit cleared any Capital|No 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 (1) Is the unit sharing any of theirlNo infrastructures 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 (m) |Whether all DSPF for services\Yes 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. (n) |Whether unit has filed all DTAlYes procurement — w.r.t. the goods procured by them during’ the monitoring period for the relevant period. If no, details thereof (0) Details of the request IDs pending for|Nil OOC in respect of DTA procurement on the date of submission of monitoring report (p) Has the unit set up any cafeteria /INo canteen / food court in unit premises? If yes, whether permission from UAC/ DC office has been issued, or otherwise 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 ----- End of picture text -----

provisions of law has been noticed / observed by the Specified Officer during the period under monitoring

Findings

of Rs. 71.89/- Crore i.e.0.01% during the period for FY 2019-20.
Rs. 111.04/- Crore i.e.3.30% during the period for FY 2020-21.
of Rs. 12.00/- Crore i.e.173.92% during the period for FY 2021-22.
of Rs. 12.60/- Crore i.e.150.39% during the period for FY 2022-23.
Pia 1923)Core 872305ung<br>oorader 2028240<br>of Rs. 13.23/- Crore i.e.572.34% during the period for FY 2023-24.
APR.
oeeee<br>eee<br>APR.<br>Aee<br>ee<br>eee<br>APR.
APR after taking into consideration the SO report for the period of F.Y.	2022-23
perAPR.

|The APR for the FY 2019-20 to 2023-24 has filed withing presciribed time.

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----- Start of picture text ----- IF.Y. [Submission Date 2019-20 18.03.2021 2020-21 31.12.2021 2021-22 29.09.2022 2022-23 29.09.2023 2023-24 28.09.2024 “As per letter dated 29.06.2021 of MoC&l, SEZ Division, instructed that Filing of Annual Performance Reports (APR) by SEZ units extended to till 31st December, 2021. 15. |Sr. No. 8 “Net Foreign Exchange Earning position at the end of previous year” in APR for the year for the FY 2023-24 wrongly mentioned Rs. 3757.38 instead of Rs 4365.15. ----- End of picture text -----

e. Recommendation:

The proposal of the unit based on the FSR in terms of Rule 54 of SEZ Rules, 2006 is submitted to the Approval Committee for consideration.

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