IN FORCE SEZ / EOU / FTWZ 2025-03-20

Agenda of the Approval Committee meeting held on 24.03.2025 -ROMA-SEZ

Document text

==> picture [437 x 566] intentionally omitted <==

----- Start of picture text ----- dics fasts arity ata SEEPZ SPECIAL ECONOMIC ZONE we (TE), Aas ANDHERI (EAST), MUMBAI. artadt & far AGENDA FOR Auevar facst wisde fafaes & 3arscvansdiswa& few aia faety faery anita ata & fow sated ufafe fr doa] MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE for IT/ITES of M/s. ROMA BUILDERS PRIVATE LIMITED. tue : GFA Ha, Gat Aisa, fans sed HT Hele, Hesa-Ag, HON (Fa), AIS VENUE : Conference Hall, 224 Floor, The Office of the Development Commissioner, SEEPZ-SEZ, Andheri (East), Mumbai. feat : @lAaR, 24 Ard, 2025 DATE : Monday, 24t March, 2025 waa > Yaleet 10:30 at TIME : 10:30 A.M. KREEKEKEKEKEKEKRKEEKREKSE ----- End of picture text -----

Waa, 24 ard, 2025 aw fears sraed, dicate A aeaarar A sae war facet wigde fefaes -Wa & ansdvarsdisva_& fee ata fast faery anftle ata a fae wanedBaia At ton]

Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITESof M/s. ROMA BUILDERS PRIVATE LIMITED -SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Monday, 24% March, 2025.

aqaait / INDEX

Agenda Item No. Subject | area Ae a. 01 | 29.04.2024 at aretfsra dow & ariga ff gitel || Agenda Item No. | Confirmation of minutes of the meeting held on | aoa | 29.04.2024. | ay 2022-23 8 2023-24 & fay Aes cer maces | arghwa F. 02 | offast faftes a vaxter Ar Rrereet | | Agenda Item No. | Monitoring of the performance of M/s. TATA | 02: - | CONSULTANCY SERVICES LIMITED for the years | 2022-23 to 2023-24. |

2K > 6 98 8 2K ok 2K ok a ok Ko OK oo ok ok ok ok OK OK OK

File No.SEZ1-14/1/2022-NS

fatereHf featsfaore 29.04.2024ante aa at& fadsforo aquestaa AtenatheFar Fia,16diesr-aw,Ft aon Haear arianF aratefear Peararg,war Atos-awr| AT reser Minutes of the 16 Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Roma Builders Private Limited - SEZ, at Hiranandani Estate, Off. Godbundar Road, Village Kavesar, Thane, under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on 29.04.2024 at Conference Hall, 2nd Floor, SEEPZ Service Centre, SEEPZ-SEZ, Mumbai - 400 096.

||Name ofthe SEZ|M/s. Roma Builders Private Limited|M/s. Roma Builders Private Limited|
|---|---|---|---|
||Sector|IT/ITES||
|3.|fea aac|: 16a||
||Meeting no|16th||
|4.|fara|: 29.04.2024||
||Date|29.04.2024||
|safead aaer/Members Present:||||
||: |<br>aeettarant<br>No.<br>NameofMembers|Te HTATA<br>Designation|WoT<br>Organization|
||ri.<br>C.<br>PLS.|:<br>Deveopment|SREPZ-SEZ.|
||hauhan|_<br>ommissioner,||
||2<br>hri. Leider|oint<br>Commissioner|Nominee of Commissioner ofIncome||
||IPanicker|Income Tax|ax office, Mumbai.|
||3<br>hri.<br>Himanshu<br>IDhar Pandey|;<br>IDeputy DirectorDGFT|INominee ofthe Additional DGFT,<br>.<br>umbai.|
||4<br>mt. Poonam|IDeputy<br>Director|Nominee ofDC Industries,||
||IDarade|Industries|overnment ofMaharashtra.|
||B<br>efradtqatarSera<br>:<br>mt. Sunita Jagtap|era<br>openrefer<br>.<br>uperintendent<br>fe)<br>ustoms|arta<br>;<br>od<br>INominee of Commissioner of<br>‘<br>ustoms,General,AirCargo,Sahar.|

File No.SEZ1-14/1/2022-NS

fade aria aeer:-

Special Invitee:-

farsa: fatafes afaard, cer -aw Shri. R.K. Jain : Specified Officer, Roma -SEZ ft afta gar, wert (aw), ot Shri. Manish Kumar, ADC (New SEZ), Shri. eater cat, weft (ae) ,AT carer ota Hanish Rathi, ADC (New SEZ), Shri. Palash wath: (aa), fread Recar arr, weet (= Shankar, ADC age,(New SEZ), Smt. RekhaaresNair, ADC am) ax2 oft oft wa werd,; sere aeA aon F.~ (New SEZ) and Shri. G.S. Bhandari, Assistant TEA i. also attended for assistance and smooth Se Tas Hara * fer afta eur functioning of the meeting. wage we deat O01 : feaiw 07.02.2024 Agenda Item No. 01: Confirmation of Minutes of aX 17.04.2024 a aratfia 14 At AZ 15 the 14th and 15t meetings held on 07.02.2024 at doe arte et ge | and 17.04.2024. feate 07.02.2024 ax sargies 17.04.2024 # annie 14 A aie 15 Ft The Minutes of the 14% and 15th aon & Hraga ft ataeata F fe Ft are | Meetings held on 07.02.2024 and 17.04.2024 were confirmed with consensus. arigat az deat 02: Rad tem faced Agenda Item No. 02: Monitoring Performance of wrede fertes- Aa (Saar) AY THAT 2023 QPR for the period October 2023 to December saofa@ fetaxA Rare2023 Ft aa safe| & fer aqftere # 2023SEZ (Developer).of M/s. Roma Builders Private LimitedHeat 2023 a fedar 2023 Fi gates ee Sanh ia 2 The Quarterly Performance for the period ie ae ii kha ae ®™T October 2023 to December 2023 was submitted a roma ar ate fates arfere s » by the Developer and verified by the Specified arattivsa -— waste ere feara Officer, RBPL - SEZ vide letter dated 27.03.2024 27.03.2024 % Ta art acarfta fat wat and stated that there was no discrepancy found. we oft Decision :- After deliberations, the Committee noted the Quarterly Performance for the period fvla:- frac-faeof ® are. aA FA October 2023 to December 2023 of the meEas. Bauer alehetar_ ear et camraaser afteewere) andwel RigaRule 0) Mee A SY TM A “TT _ SEZ Rules, 2006. The SO clarified that the duty IEE es — UW D Stat 2023 F foregone amount included the tax on services. fedaz 2023 4t safe ® farm feardt vests arét & Aarst we awe ofr HeAa HT ITATS ATTA HTT ASH AAA Sl Meeting ended with the vote of thanks to the Chair.

File No.SEZ1-14/1/2022-NS

(aster gare Fear, argarava) aeret-ae-frara

ah,

ater

ligitally Signed by Prasad ‘arwantkar late: 10-05-2024 13:35:55 ‘eason: Approved

|||fester 29.04.2024|at aratfera quail dow & fae A asartes|||||
|---|---|---|---|---|---|---|
|ee<br>Noe<br>QawTaa<br>_Name<br>ofSEZ | <br>M/s. ROMA||**_**_<br>Action taken <br>SasHTaa<br>|<br> Name of Unit<br>M/s. Roma|fortheUAC Meeting held on 29.04.2024 ee<br>faa<br>aWSHas!<br>7<br>Subject<br>Action Taken<br>MonitoringPerformance of||_||
|BUILDERS<br>PRIVATE||Builders Private<br>Limited-|QPRforthe period October2023 to<br>December 2023 of M/s. Roma Builders|Kigtesd|||
|LIMITED||SEZ(Developer).<br>||PrivateLimited-SEZ(Developer).|||||

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 ofM/s. TATA CONSULTANCY SERVICES LIMITED an IT/ITES unit located at Olympus B, Ground to 20th Floor, Roma Builder Pvt Ltd.SEZ, IT/ITES SEZ, Off, Ghodbunder Road, Village Kavesar, Thane (W) 400607, for 4" and 5!" year i.e. 2022-23 to 2023-24 of 18' 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 4" and 5"" year i.e. 2022-23 to 2023-24 of 1$' block period (FY 2019-20 to 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: -

i. Approved Projections: (1S' Block Period) (Rs. in Crores)

||2019-20|||2020-21|2021-22|2022-23||2020-21|2021-22|2022-23||2020-21|2021-22|2022-23|||2023-24||Total|
|---|---|---|---|---|---|---|---|
|FOB Value of]<br>Exports|4399|||2100.00 ||2760.00|| 3380.00|| 3560.00 ||11930.00|
||108.00||1330.00||1680.00|1705.00||<br>1795.00|6618.00|
||22.00||770.00<br>||1080.00||1675.00|1765.00|5312.00|

ii. Performance as compared to projections: For FY 2022-23 to 2023-24

(Rs. in Crores)

==> picture [443 x 129] intentionally omitted <==

----- Start of picture text ----- FE OUTGO cad E ~RawMaterial| aha C.G. import/IUT es (Goods/Services) oral Projected | Actual Projected Actual | Projected | Actual [Actual 6.00} 2019-20 | 13.00 | 0.38 | 000 | [000] 2020-21 2100.00 | 29192 | 0.00 0.00 20.5875 0.00 | 2760.00 1189.68 0.00 0.00 2.0074 3380.00 |2201.09} 0.00 |0.00 | 150.00 ----- End of picture text -----

==> picture [431 x 47] intentionally omitted <==

----- Start of picture text ----- 2023-24 | 3560.00 | 3967.90 eee eel 0.1181 | 1114.54 1193000 | 7740.97 [0.00] | | 0.00 | 150.00 1663.76 ----- End of picture text -----

iii. Cumulative NFE achieved :

a. FY 2022-23 to 2023-24 for 1$ block. (Rs. in Crore)

==> picture [414 x 97] intentionally omitted <==

----- Start of picture text ----- Year Projected Cumulative NFE Cumulative % NFE Cumulative NFE Achieved as per calculation Cumulative NFE as As per APR per Calculation (Coloumn 9) 2022-23 3547 3345.89 arag26 105.98% 2023-24 5312 6198.80 6609.73 124.43% ----- End of picture text -----

b. NFE for scrutiny period:+Rs. in Crore)

==> picture [418 x 226] intentionally omitted <==

----- Start of picture text ----- Calculated NFE Cuiniladlve Year FOB val NFE NFE Cumulative of exportee FE Outgo (As per NFE as per (As per APR) (As per APR) Calculation: Scrutiny) P 3 4 (Amortised 2-3- s 7 r Value+Other Outflow) oes As per 7 “at gt APR 3.00+483.42= FY 2291.09 1804.67 1807.97 3216.85 3759.26 486.42 2022-23 As per Se hoe lsoe re (a ae 2.88+1114.54= FY 3967.90 2,850.48 2850.65 6198.80 6609.73 1117.42 2023-24 ----- End of picture text -----

c. Capital Goods Amortized Values table:-

(Rs. In Lakhs)

==> picture [219 x 117] intentionally omitted <==

----- Start of picture text ----- Year CG Imp. 4B(v) | Amortized Value 2019-2020 0.00 0.00 2021-2022 225.95 2022-2023 2698.50 299.93 CO 2023-2024 e710:32 288.83 Total 9727.06 | 102059 | ----- End of picture text -----

Other Information:

LOA No. & Date SEEPZ-SEZ/NEWSEZ/ROMA-TCS/01/2019-20, Dated 02.03.2020 Location of Unit Olympus B, Ground to 20th Floor, Roma Builder Pvt Ltd, IT/ TES SEZ, Off, Ghodbunder Road, Village Kavesar, Thane (W) 400607 Validity of LOA 15.03.2025 Item(s) of manufacture/ Services IT/ITES Services including Computer Software Services, Website Services, Outsourcing and Engineering Services, Data Processing. Date of commencement of production [16.03.2020 ——— Execution of BLUT 7 Yes _ a rae Validity of Lease Agreement 31.12.2034 Pending CRA Objection, if any No Pending Show Cause Notice/ Eviction|No Order/Recovery Notice/ Recovery Order issued, if any Employment forthe block period §=—SAs per projection Man: 8000 Woman: 4000 Total: 12000 As on 31S! March 2024: (As per Specified Officer reports) Man: 6349

Woman: 4950

Total: 11299 Area allotted (in sq. ft.) ais “Fr - Area available for each employee per sq.ft. basis (area /| no. of employees)

11,18,156 Sa. Ft. (Area Sq. Ft./No. of Employees) eae

==> picture [450 x 654] intentionally omitted <==

----- Start of picture text ----- date (Rs. In Lakhs) — 12709.28 103190.81 Plant & Machinery 8104.27 11000.40 - TOTAL 20813.55 Quantity and value of goods exported under Rule 34 NLA. (unutilized goods) Value Addition during the monitoring period aa Whether all the APRs being considered now has been filed well within the time limit, or otherwise. Yes If no, details of the Year along with no of days delayed to be given. The Specified Officer, RBPL-NEW SEZ has submitted report vide letter dated 24.02.2025 inform that, the submission of the unit are verified and the details thereof for the FYs from and 2023-24 are submitted as mentioned below:- A. EXPORT:- (Rs. In Crore and USD in Millions) Year! Figuresg as pper Softex/SB/Customsprduies 2s fier Difference if any Diffrsa meadcag aiatae,k Period APR Recargsds (NF)(INR in INRby as the cou n itveyed USD INR USD INR USD ee ee ee ee ag. (7) (8) This is difference in value is because of the difference in the 2019-20 | 0.39 0.05 0.38 0.05 0.01 in oe ee by the unit. The same was approved in the UAC meeting on 29.07.2022. - et i This is difference in value is because of the difference in the 2020-21 | 291.92 | 39.77 | 267.33 36.42 24.59 gag |SReltageeleieien by the unit. The same was approved in the UAC meeting on 29.07.2022. B This is difference in value is because of the difference in the 2021-22 | 1189.68 | 157.99 | 957.06 127.10 232.62 ao.ag / SReNange tale taken by the unit. The same was approved in the UAC meeting on 29.07.2022. 2022-23 | 2291.09 2291.09 278.62 Ni of ONIL NA se67.90 | 475.87 [NL [NLC ----- End of picture text -----

The Specified Officer, RBPL-NEW SEZ has submitted report vide letter dated 24.02.2025 and inform that, the submission of the unit are verified and the details thereof for the FYs from 2022-23 and 2023-24 are submitted as mentioned below:-

A. EXPORT:- (Rs. In Crore and USD in Millions)

B. Import

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

(Rs. In Crore and USD in Millions)

||||Figures as per|Figures as per||||Reason for Difference/|
|---|---|---|---|---|---|---|---|---|
||Figures as per APR|||Softex/SB/Customs|||Difference||if any<br>Remark in INR as|
||Year/<br>Period||Records (INR)|||INR||conveyed bythe unit<br>USD|
||INR|USD|INR|USD|||||
||4.3901<br>0.1185|Ni<br>2ai_||@ <br>[Ni<br>2ose7s <br>20074 <br>43901<br>oiiei|| ©<br>Ni<br> |eet <br> | 026<br>[ose<br>[oor|[Cem] eH |<br>[Ni<br>i [i<br> | oo<br>[oo |_|<br>[000<br>**[**000 [|<br>[000<br>OOP<br>[000 | 00<br>[||||
|(ii)|(ii) Raw Material (Rs. in Crores and USD in Millions)||||||||
|||||||||Reason for|
|Year) | Figuresas <br>Period<br>erAPR<br>:<br>P||;<br> | P'gures as perSEZ | <br>Online/Customs<br>Records (INR)|||pitference if | Difference/<br>~_<br>Remark in INR<br>y<br>asconveyed by||||
|||||||||the unit|
||i<br>2<br>3<br>(4)<br>| @ | @)||4<br>(4)|5<br>(5)|(6)=(2)-]<br>(7)=<br>4)<br>la}|||8<br>©|
|ameFT<br>cc<br>| 2022.23 |a<br>Fe|||aee|en<br>ee|Ge es|||ae|
|C.|BLUT||||||||
|1.|Value of BLUT Executed||(Duty foregone) including [162.09 (Rs. in Crore)||||||
||for CG/Raw Material/Services)||||||||
||Value of Additional BLUT||executed||||||
|||||||Nil|||
||-Year||||||||
||- BLUT amount||||||||
|||||||F.NO.|||
||Total value of BLUT Executed:||||||||
|||||||Rs.|162.09 (Rs in Crore)||
||InCrore||||||||

(ii) Raw Material (Rs. in Crores and USD in Millions)

==> picture [541 x 691] intentionally omitted <==

----- Start of picture text ----- 2. {Total Duty Foregone on goods & services procured Category —-wise BLUT value utilized separately for (Imported &| Services imported and indigenous goods and services) This FY. Indigenous) should be based on BLUT worksheet which (Rs. in separatelyprovides forfor estimatedeach categoryvalueof procurement.and duty foregone bceoe Crores) oe02021 [980ae or pozi-ze [6.96 0Jo . 00 00 | 3 Has the Unit procured goods and or services No 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 suffiecient or nil balance in BLUT (d) |Employment made as on date Gender monitoring(as on end of block period / year up to which 7 LOAas(Form} 31.03.2024 is being done) (March 2024) Women / 4000} 4950 J 17299 (e) Details of pending Foreign Remittance beyond|There are 2 invoices, and they Permissible period, if any have not got apporoval from (as their AD Bank for an extension on 31 March, 2024) period. To cross-check the same and verify whethericCopy of extension letter necessary permission from AD Bank / RBI has enclosed. been obtained. (f) Whether all softex has been filed for the said Yes period. If no, details thereof. 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, if so tilll Yes, Certified till 318‘ March,2024 which month has the same 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 ----- End of picture text -----

==> picture [416 x 486] intentionally omitted <==

----- Start of picture text ----- (i) Whether any Services provided in No DTA/SEZ/EOU/STPI etc. against payment in INR in r/o ITA TES Unit during the period. If yes, details thereof (year wise details to be provided) (j) SO to verify and certify whether the unit has NA updated the BLUT ledger Module in SEZ Online. (k) |Has the unit cleared any CapitalGoods procured|FY 2022-23 duty free in DTA against payment of Duty or otherwise? Yes, Full details to be provided along with value offAssessable Value 12.94 (Rs. in assets and duty discharged Lacs) Duty Paid — 2.33 (Rs. in Lacs) (1) Is the unit sharing any oftheir infrastructures with No 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 lf 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 procured during Yes- DSPF submitted were the said monitoring period under consideration} Approved and some cases are has been filed by the unit and whether the same} __ sent back for rectification. has been processed for approval by the SO. (n) [Whether unit has filed all DTA procurement w.rt. Yes the goods procured by them during the monitoring period for the relevant period. lf no, details thereof (0) Details of the requestIDs pending for OOC inf =——tsé«SN respect of DIA procurement on the date of submission of monitoring report ----- End of picture text -----

==> picture [421 x 441] intentionally omitted <==

----- Start of picture text ----- Has the unit set up any cafeteria / canteen / food|Yes court in unit premises? If yes, whether permission from UAC / DC office has been issued, or otherwise office has been|Permission letter for setting up issued, or otherwise Cafeterai at TCS Olympus, SEZ by the unit was submitted on 16.01.2023. Permission has not been issued; the Committee deferred the said proposal in UAC meeting held on 28.04.2023 (Copy Enclosed) NA Whether unit has availed any duty free goods / services for setting up such facility? NA 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 (q) Whether any violation of any of the provisions of Nil law has been noticed / observed by the Specified Officer during the period under monitoring ----- End of picture text -----

SEZ Further, Specified Officer stated that, the above figures are based on the details furnished by the unit and data available on SEZ Online and as per the letter (e-mail) submitted in this Office on 20.11.2023, 16.01.2025 and on 21.02.2025. These figures may be taken on records for the purpose of monitoring of Performance of SEZ unit for the period 2022-23 to 2023-24 of M/s. Tata Consultancy Services Ltimed, Thane-400 607.

Findings

Pe24). is 4" and 5'" year i.e. 2022-23 to 2023-24 of 1 block period (FY 2019-20 to 2023. 2. |The unit has achieved export revenue of Rs. 2291.09/- Crore as against projected export of Rs. 3380.00/- Crore i.e. 67.78% during the period for FY 2022-23. 3. |The unit has achieved export revenue of Rs. 3967.90/- Crore as against projected export of Rs. 3560.00/- Crore i.e. 111.46 % during the period for FY 2023-24. APR. Ye Net Foreign Exchange Rs. 3759.26/- Crore is positive for FY 2022-23 as per S. APR./Cumulative Net Foreign ExchangeRs. 6609.73/Crore is positive for FY 2023-24 as per

==> picture [431 x 350] intentionally omitted <==

----- Start of picture text ----- eS ee is no CRA pending. — 7. |ThereisnoSCNpending. | 8. |The APR for the FY 2022-23 to 2023-24 has filed withing presciribed time. 2022-23 07.07.2023 2023-24 |04.07.2024 = = It is observed that, pe Mey eg ey 1. Unit has wrongly mentioned figures in Coloumn No.4(B) in the APR for the period 2022-23 to 2023-24. Annexure-B (Amortized sheet) is attached for reference. 2. Unit has wrongly mentioned figures in Coloumn No.4(B) (vi) in the APR for the period 2022-23 to 2023-24. Annexure-A (Export and Import Data) is attached for reference. 10. |it is also observed that, The monitoring performance of the unit for 32 year i.e. 2021-22 of 18'block (FY 2019-20 to 2023-24) was placed before UAC meeting held on 27.10.2022 and the committee, noted the performance as the unit has achieved positive NFE of Rs. 13914.27/- lakhs (1391.64 crore) on cumulative basis during the year 2021-22. It is to mention here that, NFE for the period 2021-22 of 9 block period (FY 2021- 22 to 2024-25) is 1391.64 crore. ----- 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.

Verbatim extracted text (OCR/PDF). Older scans and tables may show extraction artifacts — verify against the original for anything you act on.

Analysis

No analysis has been generated for this document yet.