IN FORCE SEZ / EOU / FTWZ
Agenda of the Approval Committee meeting held on 19.08.2025-AURUM-SEZ
Document text
सीÜज़ ͪवशेष आͬथ[क ¢ेğ
SEEPZ SPECIAL ECONOMIC ZONE
अंधेरȣ (पूव[), मुंबई
ANDHERI (EAST), MUMBAI.
काय[सूची के ͧलए AGENDA FOR
मेसस[ ऑरम ǐरयल एèटेट डेवलपस[ ͧलͧमटेड – सेज़, नवी मुंबई के ¢ेğ ͪवशेष आͬथ[क ¢ेğ के ͧलए अनुमोदन सͧमǓत कȧ बैठक। MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE of M/s. AURUM REAL ESTATE DEVELOPERS LIMITED-SEZ at NAVI MUMBAI
èथल
: सàमेलन क¢, दूसरȣ मंिजल, ͪवकास आयुÈत का काया[लय, सीÜज़-सेज़,
अंधेरȣ (पूव[), मुंबई
VENUE
: Conference Hall, 2nd Floor, the Office of the Development
Commissioner, SEEPZ-SEZ, Andheri (East), Mumbai.
Ǒदनांक
: मंगलवार, 19 अगèत 2025
DATE
: Tuesday, 19th August 2025
समय
: दोपहर 12:00 बजे
TIME : 12:00 PM
मंगलवार, 19 अगèत, 2025 को ͪवकास आयुÈत, सीÜज़-सेज़ कȧ अÚय¢ता मɅ नवी मुंबई मɅ मेसस[ ऑरम ǐरयल एèटेट डेवलपस[ ͧलͧमटेड - सेज़ के ¢ेğ ͪवशेष ͪवशेष आͬथ[क ¢ेğ के ͧलए अनुमोदन सͧमǓत कȧ बैठक। Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Aurum Real Estate Developers Limited – SEZ at Navi Mumbai under the Chairmanship of Development Commissioner, SEEPZ- SEZ on Tuesday, 19th August, 2025.
सूचकांक / INDEX
काय[सूची मद सं. Agenda Item No. ͪवषय Subject काय[सूची मद सं. 01 Agenda Item No. 01 : - Confirmation of minutes of the meeting held on 27.06.2025. काय[सूची मद सं. 02 Agenda Item No. 02 : -
Monitoring of the performance of M/s. Unlimit IOT Private Limited for the period 2019-2020 to 2023- 24 of 1st block. काय[सूची मद सं. 03 Agenda Item No. 03 : -
Monitoring of the performance of M/s. Tech
Mahindra Limited (Earlier known as Thirdware
Digital Services) for the period 2024-25.
काय[सूची मद सं. 04
Agenda Item No.
04 : -
Monitoring of the performance of M/s. Technoserve for the period 2nd to 5th year i.e. 2021-2022 to 2024- 25 of 2nd block.
िवकास िवकासआयु आयु, सीज़ सीज़-सेज़ सेज़क कअयता अयताममिदनांक िदनांक27.06.2025 को कोितीय ितीयतल तल, सीज़ सीज़सेवा सेवाक क, सीज़ सीज़सेज़ सेज़, मुंबई मुंबईमममेसस मेससऑरम ऑरमरयल रयलएटेट एटेट डेवलपस डेवलपसलिमटेड लिमटेड-सेज़ सेज़केकेे ेिवशेष िवशेषिवशेष िवशेषआथक आथके ेकेकेलए लएआयोजत आयोजतअनुमोदन अनुमोदनसिमत सिमतक क61व वबैठक बैठकका काकायवृ कायवृ। Minutes of the 6 1st Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Aurum Real Estate Developers Limited-SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on 27.06.2025, at Second Floor, SEEPZ Service Centre, SEEPZ SEZ, Mumbai.
1.
सेज़कानाम
Name of the SEZ
:
:
मेससऑरमरयलएटेटडेवलपसलिमटेड
M/s. Aurum Real Estate Developers Limited
2.
सेटर
Sector
:
:
आईटी/आईटीईएस
IT/ITES
3.
मीटगनंबर
Meeting No.
:
:
61व
61st
4.
िदनांक
Date
:
:
27.06.2025
27.06.2025
उपथत
उपथतसदय
सदय/Members Present:
.
Sr.
No.
सदय
सदयका
कानाम
नाम
Name of Members
पद
पदका
कानाम
नाम
Designation
संगठन
संगठन
Organization
1
ी. मयूरआर. मानकर
Shri. Mayur R.
Mankar
संयुिवकासआयु,
Jt. Development
Commissioner
सीज़-सेज़
SEEPZ-SEZ
2
ी. सुनीलअघवाने
Shri. Sunil
Aghawane
संयुआयुआयकर
Joint Commissioner, Income
Tax
आयकरआयुकायालय, मुंबईकेनािमती
Nominee of Commissioner of
Income Tax office, Mumbai
3
ीबैिकयावेलुमुथारासु
Shri. Backiyavelu
Mutharasu
उपिनदेशकडीजीएफटी
Deputy Director DGFT
अतरडीजीएफटी, मुंबईकेनािमत
Nominee of the Additional DGFT,
Mumbai
4
ीमतीपूनमदराडे
Smt. Poonam
Darade
उोगउपिनदेशक
Deputy Director of
Industries
डीसीइंडटीज, महारासरकारकेनािमती
Nominee of DC Industries,
Government of Maharashtra
5
ीमतीमीरारामकृणन
Smt. Meera
Ramkrishnan
सहायकआयु, सीमाशुकAsstt.
Commissioner of Customs
सीमाशुकआयु, जनरल, एयरकाग, सहारके
नािमती
Nominee of Commissioner of
Customs, General, Air Cargo,
Sahar
6
ीमतीमतानाबयार
Smt. Smitha
Nambiar
उपिवकासआयु
Deputy Development
Commissioner
िविनदअधकारी
Specified Officer
सीज़-सेज़
SEEPZ –SEZ
औरम–सेज़
Aurum –SEZ
7
ीजयमनोजशाह
Shri. Jay Manoj Shah
िविनदअधकारी
Specified Officer
सीज़-सेज़
SEEPZ –SEZ
बैठकमसहायताऔरसुचासंचालनके
लएीिववेकझरवाल, एडीसी(यूएसईजेड), ीजय
दीप, एडीसी(यूएसईजेड), ीसुदशनशदे, एडीसी
(यूएसईजेड) औरीराहुलशवणगोल, एडीसी(यू
एसईजेड) भीउपथतथे।
Shri. Vivek Zarwal, ADC (New SEZ), Shri. Jai
Deep,
ADC
(New
SEZ),
Shri.
Soodershan
Shindde,
ADC
(New
SEZ)
and
Shri
Rahul
Shivannagol, ADC (New SEZ) also attended for
assistance
and
smooth
functioning
of
the
meeting.
कायसूची
कायसूची
मद
मद
संया
संया01
: िदनांक
िदनांक29.05.2025 को
को
आयोजत
आयोजत60व
वबैठक
बैठककेकेकायवृ
कायवृक
कपुि
पुि।
िदनांक29.05.2025 कोआयोजत60वबैठककेकायवृ
कसवसमतसेपुिकगई।
Agenda Item No. 01: Confirmation of
Minutes
of
the 60th meeting held on
29.05.2025.
The Minutes of the 60th Meeting held on
29.05.2025 were confirmed with consensus.
कायसूची
कायसूचीमद
मदसंया
संया02 :
िववष2020-21 से2023-24 कअवधकेलएमेसस
मेसस
मोमटम
मोमटमसवसेज
सवसेजाइवेट
ाइवेटलिमटेड
लिमटेडकेदशनकिनगरानी।
Agenda Item No 02 :
Monitoring
of
the
performance
ofM/s.
Momentum Services Private Limited for
the period FY 2020-21 to 2023-24.
LOA
No.
SEEPZ/NEWSEEZ/AURUM-
SEZ/MMIBTSPL/LCD-1/03/2019-20
DATED
30.03.2020
LOA
No.
SEEPZ/NEWSEEZ/AURUM-
SEZ/MMIBTSPL/LCD-1/03/2019-20
DATED
30.03.2020
इकाईारािववष2020-21 से2023-24 तककवाषक
िनपादनरपोटतुतकगई।इकाईनेिववष2020-2021
से2023-24 केदौरान132.94 करोड़पएकासकारामक
संचयीएनएफईहासलिकयाहै।
The Annual Performance Report for the FY
2020-21 to 2023-24 was submitted by the
unit.
The
unit
has
achieved
positive
cumulative
NFE
of
Rs.
132.94/-
Crores
during the FY 2020-21 to 2023-24.
िनणय
िनणय:- िवचार-िवमशकेबाद, सिमतनेएसईजेडिनयम,
2006 के
िनयम5 4 के
संदभममेसस
मेससमोमटम
मोमटमसवसेज
सवसेज
ाइवेट
ाइवेटलिमटेड
लिमटेड(ऑरम-एसईजेड) केदशनपरनोट
नोटिकया।
D e c i s i o n : - After
deliberation,
the
Committee noted the performance of M/s.
Momentum
Services
Private
Limited
(Aurum-SEZ) in terms of Rule 54 of SEZ
Rules, 2006.
अयकोधयवादापनकेसाथबैठकसमाहुई।
Meeting concluded with a vote of thanks to
the Chair.
(ानेर
ानेरभा.
भा. पाटील
पाटील, आईएएस
आईएएस)
अय
अय-सह
सह-िवकास
िवकासआयु
आयु,
सीज़
सीज़-सेज़
सेज़
signaturerectangle-1-186
Digitally signed by Dnyaneshwar Bhalchandra
Patil
Date: 2025.07.04 13:46:43 IST
% DSUnknown
q
1 G
1 g
0.1 0 0 0.1 9 0 cm
0 J 0 j 4 M []0 d
1 i
0 g
313 292 m
313 404 325 453 432 529 c
478 561 504 597 504 645 c
504 736 440 760 391 760 c
286 760 271 681 265 626 c
265 625 l
100 625 l
100 828 253 898 381 898 c
451 898 679 878 679 650 c
679 555 628 499 538 435 c
488 399 467 376 467 292 c
313 292 l
h
308 214 170 -164 re
f
0.44 G
1.2 w
1 1 0.4 rg
287 318 m
287 430 299 479 406 555 c
451 587 478 623 478 671 c
478 762 414 786 365 786 c
260 786 245 707 239 652 c
239 651 l
74 651 l
74 854 227 924 355 924 c
425 924 653 904 653 676 c
653 581 602 525 512 461 c
462 425 441 402 441 318 c
287 318 l
h
282 240 170 -164 re
B
Q
Ǒदनांक 27.06.2025 को आयोिजत यूएसी बैठक के ͧलए कȧ गई कार[वाई
Action taken for the UAC Meeting held on 27.06.2025
सेज़ का नाम/
Name of
SEZ
इकाई का नाम/
Name of Unit
ͪवषय/
Subject
कȧ गई कार[वाई/
Action Taken
M/s.
Aurum
Real Estate
Developers
Limited
M/s.
Momentum
Services Private
Limited
Monitoring of the performance of M/s.
Momentum Services Private Limited
for the period FY 2020-21 to 2023-24.
Letter dated 19.07.2025 has
been issued to unit.
Year
Export
F.E. OUTGO
Projected
Actual
(As per APR)
Raw Material
(Goods/Services)
C.G. import
Other outflow
Projected
Actual
(As per APR)
Projected
(CG Import +
Other
outflow)
Actual
(As per APR)
Actual
(As per APR)
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. Unlimit IOT Private Limited an IT/ITES unit located at
Office Level-6, Unit-12, Building No. Q1, Gen 4/1, LOMA Co-Developers 1 Pvt. Ltd. in Aurum Platz IT,
Pvt. Ltd.- SEZ, TTC, Thane Belapur Road, Thane- 400 701 for 1st to 5th year i.e. 2019-2020 to 2023-24 of 1 st
block.
b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 1st to 5th year i.e. 2019-2020 to 2023-24 of 1 st block 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 for the 1st Block (existing block)- (Rs. In Crore)
PARTICULARS
2019-20
2020-21
2021-22
2022-23
2023-24
TOTAL
FOB Value of
Exports
10.00
53.00
101.00
175.00
230.00
569.00
FOB Outgo
28.00
46.11
87.87
152.25
200.10
514.33
Net Foreign
Exchange
(18.00)
6.89
13.13
22.75
29.90
54.67
ii. Performance as compared to projections for the period FY 2019-20 to FY 2023-
2024: (Rs. In Crores)
2019-20
10.00
0.37
0.00
0.00
9.28
0.00
0.00
2020-21
53.00
0.00
0.00
0.00
2021-22
101.00
0.00
0.00
0.00
2022-23
175.00
0.00
0.00
0.00
2023-24
230.00
0.00
0.00
0.00
Total
569.00
0.37
0.00
0.00
9.28
0.00
0.00
Year
Cumulative
Projections NFE
Cumulative
NFE Achieved As
per APR
(Column 9)
Cumulative % NFE
Achieved
2019-20
-18
0.37
-2.06 %
2020-21
-11.11
0.37
-3.33 %
2021-22
2.02
0.37
18.32%
2022-23
24.77
0.00
0.00 %
2023-24
54.67
0.37
0.68 %
Year
FOB value
of export
FE Outgo
(Amortised Value+Other Outflow)
Calculated NFE
(As per
Scrutiny)
NFE
(As per
APR)
Calculated
Cumulative
NFE
(As per
Scrutiny)
Cumulative
NFE
(As per APR)
1
2
3
Amortised
Value
4
Other
Outflow
5
Total
(3+4)
6
(2-5=)
6
7
8
As per
APR
FY
2019-20
0.37
0.00
0.00
0.00
0.37
0.37
0.37
0.37
(e) Cumulative NFE achieved during the block period. (2019-20 to 2023-24)
i) Cumulative NFE achieved as per APR (Rs. in Crores)
ii) NFE for scrutiny period:- (Rs. in Crore)
As per
APR
FY
2020-21
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.37
As per
APR
FY
2021-22
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.37
As per
APR
FY
2022-23
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.00
As per
APR
FY
2023-24
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.37
(f) Whether the Unit achieved Positive NFE : YES
(g) Other details:
LOA No. & Date
1. SEEPZ-SEZ/NEWSEZ/AURUM-SEZ/UIPL/LCD-
1/02/2019-20/04521,
dated 03.03.2020.
2. SEEPZ-SEZ/NEWSEZ/AURUM-SEZ/UIPL/LCD-
1/02/2019-20/10523, dated 27.07.2023
Validity of LOA
19.03.2025
Item(s) of manufacture/ Services
IoT Services (Sensors)
LoT Services (Modems)
GPS asset trackers
IoT Services (SIM cards)
Date of commencement of production
20.03.2020
Execution of BLUT
YES
Pending CRA Objection, if any
NIL
Pending Show Cause Notice/ Eviction
Order/Recovery Notice/ Recovery Order
issued, if any
NIL
No. of employees
As per the Specified Officer APR verification report dated
09.06.2025, the employee details are as follows:
Gender
As per the LoA
(Form F)
As on 31/03/2024
Male
70
10
Female
00
00
Total
70
10
Area allotted (in sq. ft.)
6327 Sq. ft.
Area available for each employee per sq. ft.
basis (area / no. of employees) As on
31.03.2024
2023-24
632.70
Investment till date
(Rs. In Crores)
19-20
20-21
21-22
22-23
23-24
Building
0.00
0.00
0.00
0.00
0.00
Plant & Machinery
0.00
0.00
0.00
0.00
0.00
TOTAL
0.00
0.00
0.00
0.00
0.00
Per Sq. ft. Export during the FY
(APR export/in sq. ft*Crores)
19-20
20-21
21-22
22-23
23-24
584.80
(Rs)
0.00
0.00
0.00
0.00
Quantity and value of goods exported under
Rule 34
(unutilized goods)
N.A.
Value Addition during the monitoring
period
N.A.
Whether all the APRs being considered
now has been filed well within the time
limit, or otherwise.
FY
19-20
20-21
21-22
22-23
23-24
Submitted on
12.06.2025
12.06.2025
04.03.2025
04.03.2025 12.06.2025
If no, details of the Year along with no of
days delayed to be given.
Delayed in
days
1,287
1287
884
747
345
*As per letter dated 29.06.2021 of MoC&I,
SEZ Division, instructed that Filing of
Annual Performance Reports (APR) by SEZ
units extended to till 31st December, 2021.
Details of the APR verification report submitted by the Specified Officer vide letter dated 04.07.2025
are as follows:
(A) Export (Rs. in Crores)
Year/Period
Figures as per
APR
Figures as per
SOFTEX /SB/
Customs Records
(INR)
Difference if any
Reason for
Difference/Remark in INR
as conveyed by the unit
INR
USD
INR
USD
INR
USD
(1)
(2)
(3)
(4)
(5)
(6)=
(2)-(4)
(7)=(3)-
(5)
(8)
2019-20
0.38
0.005
0.00
0.00
0.38
0.005
During the year No Credit Note
has been raised by the Unit.
2020-21
0.00
0.00
0.37
0.005
0.37
0.005
During
the
year
No
Foreign
Exchange earned by the unit due to
Covid.
2021-22
0.00
0.00
0.00
0.00
0.00
0.00
During
the
year
No
Foreign
Exchange earned by unit due to less
demand of IOT.
2022-23
0.00
0.00
0.00
0.00
0.00
0.00
During
the
year
No
Foreign
Exchange earned by unit due to less
demand of IOT.
2023-24
0.00
0.00
0.00
0.00
0.00
0.00
During
the
year
No
Foreign
Exchange earned by unit since the
agreement
signed
only
on
28.02.2025.
(B) IMPORT
(i) Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis (Rs. in Crores)
Year/Period
Figures as per
APR
Figures as per
Customs
Records (INR)
Difference if any
Reason for
Difference/Remark in INR
as conveyed by the unit
INR
USD
INR
USD
INR
USD
(1)
(2)
(3)
(4)
(5)
(6)=
(2)-(4)
(7)=(3)-
(5)
(8)
2019-20
0.00
0.00
0.00
0.00
0.00
0.00
--
2020-21
0.00
0.00
0.00
0.00
0.00
0.00
--
2021-22
0.00
0.00
0.00
0.00
0.00
0.00
--
2022-23
0.00
0.00
0.00
0.00
0.00
0.00
--
2023-24
0.00
0.00
0.00
0.00
0.00
0.00
--
(ii) Raw Material (Rs. in Crores)
Year/Period
Figures as per
APR
Figures as per
SOFTEX
/SB/Customs
Records (INR)
Difference if any
Reason for
Difference/Remark in INR
as conveyed by the unit
INR
USD
INR
USD
INR
USD
(1)
(2)
(3)
(4)
(5)
(6)=
(2)-(4)
(7)=(3)-
(5)
(8)
2019-20
0.00
0.00
0.00
0.00
0.00
0.00
NA
2020-21
0.00
0.00
0.00
0.00
0.00
0.00
NA
2021-22
0.00
0.00
0.00
0.00
0.00
0.00
NA
2022-23
0.00
0.00
0.00
0.00
0.00
0.00
NA
2023-24
0.00
0.00
0.00
0.00
0.00
0.00
(C) BLUT
1
Value of BLUT Executed (Duty foregone)
(including for CG / Raw Material /
Services)
Value of Additional BLUT executed
Year:
BLUT Amount
Year:
BLUT Amount
Total value of BLUT Executed: in Crore
F.No.SEEPZ-SEZ/NEWSEZ/AURUM-SEZ/UIPL/LCD-
1/02/2019-20, dated 03.03.2020
Rs. 50.94 Crore
Total: Rs. 50.94 Crore
2
Total Duty foregone on goods & Services
procured (Category wise BLUT value
utilized separately for imported and
indigenous goods and services) This
should be based on BLUT worksheet
which provides for estimated value and
duty foregone separately for each category
of procurement.
FY
Goods (imported
and indigenous) Rs.
in Crores
Services
(Rs. in Crores)
2019-20
0.00
0.0
2020-21
0.00
0.0
2021-22
0.00
0.0
2022-23
0.00
0.0
2023-24
0.00
0.0
Total
0.00
0.0
3
Has the unit procured goods and or
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.
No
(d)
Employment made as on date
(As on end of block period / year up to
which monitoring is being done) (March,
2024)
Gender
As per the LoA
(Form F)
As on 31/03/2024
Male
70
10
Female
0
00
Total
70
10
(e)
Details of pending Foreign Remittance beyond
Permissible period, if any
(As on 31st March, 2024)
To cross-check the same and verify whether
necessary permission from AD Bank / RBI
has been obtained.
No
(f)
Whether all SOFTEX has been filed for the
said 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.
All the Softex Forms till March 2024 have been certified.
(g)
Whether all SOFTEX has been certified, if so
till which month has the same been certified.
If not, provide details of the SOFTEX and
reasons for pendency.
Yes, all Softex forms are certified up to March 2024.
(h)
Whether unit has filed any request for
Cancellation of SOFTEX?
No
(i)
Whether
any
Services
provided
in
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)
No
(j)
SO to verify and certify whether the unit has
updated the BLUT ledger module in SEZ
Online.
N.A.
(k)
Has the unit cleared any capital 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.
No
(l)
Is the unit sharing any of their 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
No
(m)
Whether all DSPF for services 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 Office.
Yes
(n)
Whether unit has filed all DTA procurement
w.r.t. the goods procured by them during the
monitoring period for the relevant period.
If no, details thereof
Yes
(o)
Details of the request IDs pending for OOC
in respect of DTA procurement on the date of
submission of monitoring report
NIL
(p)
Has the unit set up any cafeteria / 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 free 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
No
(q)
Whether any violation of any of the provisions
of law has been noticed / observed by the
Specified Officer during the period under
monitoring
No
Further, Specified Officer stated that, the above figures are based on the details furnished by the SEZ unit and
data available on SEZ Online. These may be records for the purpose of monitoring of Performance of SEZ unit for
the period 2019-20 to 2023-24 of M/s. Unlimit IOT Private Limited., Aurum-SEZ, Navi Mumbai.
Findings
1.
This 1st to 5th year performance scrutiny i.e. 2019-20 to 2023-24 of 1 st block.
2.
i. The unit has achieved export revenue of Rs. 0.37/- Crores as against projected export of Rs.
10.00/- Crores i.e. 3.7 % during the period for FY 2019-20.
ii. The unit has achieved export revenue of Rs. 0.00/- Crores as against projected export of Rs.
53.00/- Crores i.e. 0.00% during the period for FY 2020-21.
iii. The unit has achieved export revenue of Rs. 0.00/- Crores as against projected export of Rs.
101.00/- Crores i.e. 0.00% during the period for FY 2021-22.
iv. The unit has achieved export revenue of Rs. 0.00/- Crores as against projected export of Rs.
175.00/- Crores i.e. 0.00% during the period for FY 2022-23.
v. The unit has achieved export revenue of Rs. 0.00/- Crores as against projected export of Rs.
230.00/- Crores i.e. 0.00% during the period for FY 2023-24.
3.
i. Cumulative Net Foreign Exchange Rs. 0.37/- Crores is positive for FY 2019-20.
ii. Cumulative Net Foreign Exchange Rs. 0.37/- Crores is positive for FY 2020-21.
iii. Cumulative Net Foreign Exchange Rs. 0.37/- Crores is positive for FY 2021-22.
iv. Cumulative Net Foreign Exchange Rs. 0.37/- Crores is positive for FY 2022-23.
v. Cumulative Net Foreign Exchange Rs. 0.37/- Crores is positive for FY 2023-24.
4.
There is a no CRA Objection pending.
5.
There is no SCN pending.
6
It is observed that, unit has not mentioned figures in column no. 7 and 8 of APR for the year 2022-
23.
7.
It is observed that, Unit has filed APRs for the FY 2019-20 to 2023-24, Details are as follows:
FY
19-20
20-21
21-22
22-23
23-24
Submitted on
12.06.2025
12.06.2025
04.03.2025
04.03.2025
12.06.2025
Delayed in
days
1287
1287
884
747
345
*As per letter dated 29.06.2021 of MoC&I, SEZ
Division, instructed that Filing of Annual
Performance Reports (APR) by SEZ units extended to
till 31st December, 2021.
8.
All SOFTEXs have been certified up to March 2024.
e. Recommendation:
The proposal of the unit based on the agenda in terms of Rule 54 of SEZ Rules, 2006 is submitted to
the Approval Committee for consideration.
*************************************************
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. Tech Mahindra Limited (Earlier known as Thirdware Digital
Services) an IT/ITES unit located at Unit No. 11, Level 6, Building Q1 Developed by Loma Co-Developers 1 Pvt.
Ltd. in Aurum Platz IT Pvt. Ltd-SEZ, Plot No. Gen 4/1, TTC Industrial Area, MIDC Thane-Belapur Road,
Ghansoli, Navi Mumbai-400710 for 1st year i.e. 2024-25.
b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 1st year i.e. 2024-25, 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: (1st Block Period) (Rs. in Crores)
2019-20
2020-21
2021-22
2022-23
2023-24
Total
FOB Value of
Exports
0.21
15.75
35.00
49.00
59.50
159.46
FE Outgo
0.11
6.12
15.19
18.25
21.40
61.07
NFE
0.10
9.63
19.81
30.75
38.10
98.39
ii. Performance as compared to projections: For FY 2024-25
(Rs. in Crores)
Year
Export
FE OUTGO
Raw Material
(Goods/Services)
C.G. import/IUT
Other
Outflow
Projected
Actual
Projected
Actual
Projected
Actual
Actual
2024-25
-
25.30
-
0.00
-
0.00
4.92
* Monitoring performance for the period 2019-20 to 2023-24 has been noted by UAC held on 26.08.2021 and
24.03.2025. It is to be mentioned here that unit has applied for the exit from the SEZ scheme. Therefore,
projection for next block is not submitted by the unit. However, the unit has submitted APR for the FY 2024-
25.
iii. Cumulative NFE achieved :
Year
Projected
Cumulative NFE
Cumulative NFE
Achieved
As per APR
(Coloumn 9)
Cumulative NFE as
per Calculation
2024-25
-
20.30
20.30
Year
FOB
value of
export
(As per
APR)
FE Outgo
Calculated
NFE
(As per
Scrutiny)
NFE
(As per
APR)
Cumulative
NFE as per
Calculation
Cumulative
NFE
(As per APR)
1
2
3
4
5
4
(2-5)
5
6
7
Amortised
Value+
Other
Outflow
Total
(3+4)
2024-25
25.30
0.0815
4.92
5.00
20.30
20.30
20.30
20.30
i. FY 2024-25 (Rs. in Crore)
i. b. NFE for scrutiny period 2024-25:- (Rs. in Crore)
iv. Other Information:
LOA No. & Date
SEEPZ-SEZ/NEWSEZ/AURUM-SEZ/TDSL/LCD-
1/01/2019-20/04695, Dated 05.03.2020
Location of Unit
Unit No. 11, Level 6, Building Q1 Developed by Loma
Co-Developers 1 Pvt. Ltd. in Aurum Platz IT Pvt. Ltd-
SEZ, Plot No. Gen 4/1, TTC Industrial Area, MIDC
Thane-Belapur Road, Ghansoli, Navi Mumbai-400710
Validity of LOA
11.03.2025 (Expired)
Item(s) of manufacture/ Services
Software Development and Services
Date of commencement of production
12.03.2020
Execution of BLUT
Yes
Validity of Lease Agreement
04.03.2025
Pending CRA Objection, if any
No
Pending
Show
Cause
Notice/
Eviction
Order/Recovery Notice/ Recovery Order
issued, if any
No
Employment for the block period
As per projection
Man: 100
Woman: 25
Total: 125
As on 31st March 2024: (As per Specified Officer
reports)
Man: 23
Woman: 12
Total: 35
Area allotted (in sq. ft.)
4987 Sq. Ft.
(Area Sq. Ft./No. of Employees)
Area available for each employee per sq.ft.
basis (area / no. of employees)
2024-25
142.48
Investment till date
(Rs. In Lakhs)
Building
2024-25
0.00
Plant & Machinery
117.74
TOTAL
117.74
Quantity and value of goods exported under
Rule 34
(unutilized goods)
N.A.
Value Addition during the monitoring period
N.A.
Whether all the APRs being considered now
has been filed well within the time limit, or
otherwise.
If no, details of the Year along with no of days
delayed to be given.
2024-25
13.05.2025
The Specified Officer, AURUM-SEZ has submitted report vide letter dated 11.07.2025 and inform that, the
submission of the unit are verified and the details thereof for the FYs 2024-25 is submitted as mentioned
below:-
a. EXPORT:- (Rs. In Crore)
Year/
Figures as per
APR
Figures as per
Softex/SB/Customs
Records (INR)
Difference if any
Reason for Difference /
Remark in INR as conveyed
Period
INR
(Cr.)
USD
(Million)
INR
(Cr.)
USD
(Million)
INR
(Cr.)
USD
(Million)
by the unit
2024-25
25.30
2.99
28.62
3.44
3.32
0.45
During the year unit have
reported
unbilled
(accrued)
revenue reported in APR which
is amounting to Rs. 0.94 and
there were some exchange rate
adjustments
which
will
be
around Rs. 0.23 crores. As per
NSDL data Softex invoices for
the month of March-24 is
considered in the month of
April-24 i.e., F.Y 24-25 which is
amounting to (Rs. 3.99) Crore.
Credit Note of (Rs. 0.50) Cr. not
reported
in
softex
due
to
negative value is not allowed
while submitting the softex
submission.
B. Import
(i) Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: (Rs. In Crore)
Year/
Period
Figures as per
APR
Figures as per
Softex/SB/Customs
Records (INR)
Difference if any
Reason for Difference /
Remark in INR as conveyed
by the unit
INR
(Cr.)
USD
INR (Cr.)
USD
INR
USD
2024-25
0.00
0.00
0.00
0.00
0.00
0
NA
(ii) Raw Material (Rs. in Cr.)
Year/
Period
Figures as per
APR
Figures as per SEZ
Online/Customs Records
(INR)
Difference if
any
Reason for
Difference /
Remark in INR
as conveyed by
the unit
2024-25
0.00
0.00
0.00
NA
c. BLUT
1.
Value of BLUT Executed (Duty foregone) including
for CG/Raw Material/Services)
Value of Additional BLUT executed
-Year
- BLUT amount
-Year
- BLUT amount
Total value of BLUT Executed:
In Crore
F. No. SEEPZ-SEZ/NEWSEZ/ AURUM-
SEZ/TDS/LCD-1/01/2019-20/04695,
dated 05.03.2020
Rs. 3.31 Crores
Total Rs. 3.31 Crores
2.
Total Duty Foregone on goods & services procured
Category –wise BLUT value utilized separately for
imported and indigenous goods and services) This
should be based on BLUT worksheet which provides
for estimated value and duty foregone separately for
each category of procurement.
F.Y.
Goods
Services
(Rs. in
Crores)
(Imported &
Indigenous)
(Rs. in Crores)
2024-25
0.00
0.34
Total
0.00
0.34
3
Has the Unit procured goods and or 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 suffiecient or nil
balance in BLUT
No
(d)
Employment made as on date
(as on end of block period / year up to which
monitoring is being done) (March 2025)
Gender
As per
the LOA
(Form
F1)
As on
31.12.2024
Men
100
23
Women
25
12
Total
125
35
(e)
Details of pending Foreign Remittance beyond Permissible
period, if any
(as on 31 March, 2024)
To cross-check the same and verify whether necessary
permission from AD Bank / RBI has been obtained.
No
(f)
Whether all softex has been filed for the said 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.
All the Softex Forms till Dec,
2024 has been certified.
(g)
Whether all Softex has been certified, if so till which month
has the same been certified. If not, provide details of the
Softex and reasons for pendency.
Yes, all softex forms are
Certified. Except May-24 and
October-24 which are under
approval process.
(h)
Whether unit has filed any request for Cancellation of
Softex
No
(i)
Whether any Services provided in 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)
No
(j)
SO to verify and certify whether the unit has updated the
BLUT ledger Module in SEZ Online.
N.A.
(k)
Has the unit cleared any Capital 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
N.A.
(l)
Is the unit sharing any of their 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
No
(m)
Whether all DSPF for services 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.
Yes
(n)
Whether unit has filed all DTA procurement w.r.t. the
goods procured by them during the monitoring period for
the relevant period.
If no, details thereof
Yes
(o)
Details of the request IDs pending for OOC in respect of
DTA procurement on the date of submission of monitoring
report
Nil
(p)
Has the unit set up any cafeteria / 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 free 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
No
(q)
Whether any violation of any of the provisions of law has
been noticed / observed by the Specified Officer during the
period under monitoring
No
Further, Specified Officer stated that, the above figures are based on the details furnished by the SEZ unit and
data available on SEZ Online. These may be records for the purpose of monitoring of Performance of SEZ unit for
the period 2024-2025 of M M/s. Tech Mahindra Limited (Earlier known as Thirdware Digital Services), Unit 11,
Aurum-SEZ, Mumbai.
Findings
1.
This is 1st year performance scrutiny i.e. 2024-2025.
2.
The unit has achieved export revenue of Rs. 25.30/- Crore during the period for FY 2024-25.
3.
Cumulative Net Foreign Exchange Rs. 20.30/- Crore is positive for FY 2024-25 as per APR.
4.
There is no CRA pending.
5.
There is no SCN pending.
6.
The APR for the FY 2024-25 has been filed within prescribed time & submitted on 13.05.2025.
7.
Monitoring performance for the period 2019-20 to 2023-24 has been noted by UAC held on
26.08.2021 and 24.03.2025. It is to be mentioned here that unit has applied for the exit from the
SEZ scheme. Therefore, projection for next block is not submitted by the unit. However, unit has
submitted APR for the FY 2024-25.
e. Recommendation:
The proposal of the unit based on the agenda in terms of Rule 54 of SEZ Rules, 2006 is submitted to
the Approval Committee for consideration.
*************************************************
Export
F.E. OUTGO
Actual
Raw Material
(Goods/Services)
C.G. import
Other
outflow
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. Technoserve an IT/ITES unit located at Unit-06, 11th Floor,
Building No. Q1, LOMA Co-Developers 1 Pvt. Ltd. in Aurum Platz IT, Pvt. Ltd.- SEZ, Gen 4/1, Thane
Belapur Road, Ghansoli, Navi Mumbai - 400 701 for 2nd to 5th year i.e. 2021-2022 to 2024-25 of 2 nd block.
b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 2nd to 5th year i.e. 2021-2022 to 2024-25 of 2nd block 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 for the 2nd Block (existing block)- (Rs. In Crore)
PARTICULARS
2020-21
2021-22
2022-23
2023-24
2024-25
TOTAL
FOB Value of
Exports
2.00
1.50
1.50
1.50
1.50
8.00
FOB Outgo
0.00
0.00
0.00
0.00
0.00
0.00
Net Foreign
Exchange
2.00
1.50
1.50
1.50
1.50
8.00
ii. Performance as compared to projections for the period FY 2020-21 to FY 2024-
2025: (Rs. In Crores)
Year
Projected
(As per
APR)
Projected
Actual
(As per
APR)
Projected
(CG
Import +
Other
outflow)
Actual
(As per
APR)
Actual
(As per
APR)
2020-21
2.00
3.86
0.00
0.00
0.63
0.00
0.00
2021-22
1.50
4.08
0.00
0.00
2022-23
1.50
2.22
0.00
0.00
2023-24
1.50
1.80
0.00
0.00
2024-25
1.50
0.37
0.00
0.00
Total
8.00
12.33
0.00
0.00
0.63
0.00
0.00
Year
Cumulative
Projections
NFE
Cumulative
NFE Achieved
As per APR
(Column 9)
Cumulative % NFE
Achieved
2020-21
2
3.86
193.00 %
2021-22
3.5
7.94
226.86 %
2022-23
5
18.84
376.80 %
2023-24
6.5
16.62
255.69 %
2024-25
8
12.34
154.25 %
Year
FOB
value of
export
FE Outgo
(Amortised Value+Other
Outflow)
Calculated
NFE
(As per
Scrutiny)
NFE
(As per
APR)
Calculated
Cumulative
NFE
(As per
Scrutiny)
Cumulative
NFE
(As per
APR)
(e) Cumulative NFE achieved during the block period. (2020-21 to 2024-25)
i) Cumulative NFE achieved as per APR (Rs. in Crores)
ii) NFE for scrutiny period:- (Rs. in Crore)
1
2
3
Amortised
Value
4
Other
Outflow
5
Total
(3+4)
6
(2-5=)
6
7
8
As per
APR
FY
2020-
21
3.86
0.00
0.00
0.00
3.86
3.86
3.86
3.86
As per
APR
FY
2021-
22
4.08
0.00
0.00
0.00
4.08
4.08
7.94
7.94
As per
APR
FY
2022-
23
2.22
0.00
0.00
0.00
2.22
2.22
10.16
18.84
As per
APR
FY
2023-
24
1.80
0.00
0.00
0.00
1.80
1.80
11.96
16.62
As per
APR
FY
2024-
25
0.37
0.00
0.00
0.00
0.37
0.37
12.33
12.34
(f) Whether the Unit achieved Positive NFE : YES
(g) Other details:
LOA No. & Date
1. LOA No. SEEPZ/NEW –
SEZ/SUNSTREAM – THANE/04/2015
– 16/11090 dated 16.07.2015
2. Renewed LOA : SEEPZ/NEW –
SEZ/SUNSTREAM – THANE/04/2015
– 16 dated 17.12.2020.
Validity of LOA
18.08.2025
Item(s) of manufacture/ Services
Business Process Management,
Business Intelligence, Technical and
Professional Services on IT platform.
Date
of
commencement
of
production
19.08.2015
Execution of BLUT
YES
Pending CRA Objection, if any
NIL
Pending Show Cause Notice/
Eviction Order/Recovery Notice/
Recovery Order issued, if any
NIL
No. of employees
As per the Specified Officer APR verification report dated 16.07.2025,
the employee details are as follows:
Gender
As per the LoA
(Form F)
As on 31/03/2025
Male
3
5
Female
3
1
Total
6
6
Area allotted (in sq. ft.)
403.90 Sq. ft.
Area available for each employee
per sq. ft. basis (area / no. of
2024-25
employees) As on 31.03.2025
67.31
Investment till
date
(Rs. In Crores)
21-22
22-23
23-24
24-25
Building
0.00
0.00
0.00
0.00
Plant &
Machinery
0.60
0.77
0.76
0.76
TOTAL
0.60
0.77
0.76
0.76
Per Sq. ft. Export during the FY
(APR export/in sq. ft*Crores)
21-22
22-23
23-24
24.25
0.01
0.005
0.004
0.0009
Quantity and value of goods
exported under Rule 34
(unutilized goods)
N.A.
Value
Addition
during
the
monitoring period
N.A.
Whether all the APRs being
considered now has been filed
well within the time limit, or
otherwise.
If no, details of the Year along
with no of days delayed to be
given.
FY
21-22
22-23
23-24
24-25
Submitted
on
01.12.2022
28.09.2023
30.09.2024
05.07.2025
Delayed in
days
60
-
-
-
Details of the APR verification reports submitted by the Specified Officer vide letter 16.07.2025 are as
follows:
(A) Export (Rs. in Crores)
Year/Period
Figures as per
APR
Figures as per
SOFTEX /SB/
Customs Records
(INR)
Difference if any
Reason for
Difference/Remark in INR
as conveyed by the unit
INR
USD
INR
USD
INR
USD
(1)
(2)
(3)
(4)
(5)
(6)=
(2)-(4)
(7)=(3)-
(5)
(8)
2021-22
4.08
0.054
4.18
0.058
0.10
0.004 Reason of difference is due
exchange rates are dynamic
in nature and considering
that there is a significant gap
between the date of our
Invoice and the date of
Softex submission.
2022-23
2.22
0.028
2.45
0.031
0.23
0.003
2023-24
1.80
0.021
1.52
0.018
0.28
0.003
2024-25
0.3758
0.004
0.6373
0.007
0.2625
0.0003
Reason of difference is due
exchange rates are dynamic
in nature and considering
that there is a significant gap
between the date of our
Invoice and the date of
Softex submission.
(B) IMPORT
(i) Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis (Rs. in
Crores)
Year/Period
Figures as per
APR
Figures as per
Customs
Records (INR)
Difference if any
Reason for
Difference/Remark in INR
as conveyed by the unit
INR
USD
INR
USD
INR
USD
(1)
(2)
(3)
(4)
(5)
(6)=
(2)-(4)
(7)=(3)-
(5)
(8)
2021-22
0
0
0
0
0
0
NA
2022-23
0
0
0
0
0
0
NA
2023-24
0
0
0
0
0
0
NA
2024-25
0
0
0
0
0
0
NA
(ii) Raw Material (Rs. in Crores)
Year/Period
Figures as per
APR
Figures as per
SOFTEX
/SB/Customs
Records (INR)
Difference if any
Reason for
Difference/Remark in INR
as conveyed by the unit
INR
USD
INR
USD
INR
USD
(1)
(2)
(3)
(4)
(5)
(6)=
(2)-(4)
(7)=(3)-
(5)
(8)
2021-22
0.00
0.00
0.00
0.00
0.00
0.00
NA
2022-23
0.00
0.00
0.00
0.00
0.00
0.00
NA
2023-24
0.00
0.00
0.00
0.00
0.00
0.00
NA
2024-25
0.00
0.00
0.00
0.00
0.00
0.00
NA
(C) BLUT
1
Total Bond-Cum-Legal Undertaking
2190000/-
Remaining Value of BLUT given by
entity at the start of the Financial Year
2100560.16/-
Value of Additional Bond-Cum-Legal
Undertaking (BLUT) executed during
the Financial Year
0
The duty foregone on Goods/Services
imported
or
procured
during
the
Financial Year (should include the GST
foregone
on
DTA
procured
goods/services)
32071.68
Remaining Value of BLUT as at the end
of the Financial Year {(ii)+(iii)-(iv)}
20,68,488.48/-
3
Has the unit procured goods and or
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.
No
(d)
Employment made as on date
(As on end of block period / year up to
which
monitoring
is
being
done)
(March, 2024)
Gender
As per the LoA
(Form F)
As on 31/03/2025
Male
3
5
Female
3
1
Total
6
6
(e)
Details of pending Foreign Remittance
beyond Permissible period, if any
(As on 31st March, 2024)
To cross-check the same and verify
whether necessary permission from AD
Bank / RBI has been obtained.
No
(f)
Whether all SOFTEX has been filed for the
said 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.
Yes
(g)
Whether all SOFTEX has been certified, if
so till which month has the same been
certified. If not, provide details of the
SOFTEX and reasons for pendency.
All Softex certified by SO
(h)
Whether unit has filed any request for
Cancellation of SOFTEX?
Nil
(i)
Whether
any
Services
provided
in
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)
Nil
(j)
SO to verify and certify whether the unit
has updated the BLUT ledger module in
SEZ Online.
N.A.
(k)
Has the unit cleared any capital 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.
N.A.
(l)
Is
the
unit
sharing
any
of
their
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
N.A.
(m)
Whether all DSPF for services 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 Office.
Yes
(n)
Whether
unit
has
filed
all
DTA
procurement w.r.t. the goods procured by
them during the monitoring period for the
relevant period.
If no, details thereof
N.A.
(o)
Details of the request IDs pending for
OOC in respect of DTA procurement on
the date of submission of monitoring report
NIL
(p)
Has the unit set up any cafeteria / 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 free
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
No
(q)
Whether any violation of any of the
provisions of law has been noticed /
observed by the Specified Officer during
the period under monitoring
No
Further, Specified Officer stated that, the above figures are based on the details furnished by the SEZ
unit and data available on SEZ Online. These may be records for the purpose of monitoring of Performance
of SEZ unit for the period 2021-22, 2022-23, 2023-24 and 2024-25 of M/s. Technoserve., Aurum-SEZ, Navi
Mumbai.
Findings
1.
This 2nd to 5th year performance scrutiny i.e. 2021-22 to 2024-25 of 2nd block.
2.
i. The unit has achieved export revenue of Rs. 4.08/- Crores as against projected export of
Rs. 1.5/- Crores i.e. 272.00% during the period for FY 2021-22.
ii. The unit has achieved export revenue of Rs. 2.22/- Crores as against projected export of
Rs. 1.5/- Crores i.e. 148.00% during the period for FY 2022-23.
iii. The unit has achieved export revenue of Rs. 1.8/- Crores as against projected export of
Rs. 1.5/- Crores i.e. 120.00% during the period for FY 2023-24.
iv. The unit has achieved export revenue of Rs. 0.37/- Crores as against projected export of
Rs. 1.5/- Crores i.e. 24.67% during the period for FY 2024-25.
3.
i. Cumulative Net Foreign Exchange Rs. 7.94/- Crores is positive for FY 2021-22.
ii. Cumulative Net Foreign Exchange Rs. 10.16/- Crores is positive for FY 2022-23.
iii. Cumulative Net Foreign Exchange Rs. 11.96/- Crores is positive for FY 2023-24.
iv. Cumulative Net Foreign Exchange Rs. 12.33/- Crores is positive for FY 2024-25.
4.
There is a no CRA Objection pending.
5.
There is no SCN pending.
6
It is observed that, unit has mentioned incorrect figures in column no. 8 and 9 of APRs for the
year 2022-23 and 2023-24.
7.
It is observed that, Unit has filed APRs for the FY 2021-22 to 2024-25, Details are as follows:
FY
21-22
22-23
23-24
24-25
Submitted
on
01.12.2022
28.09.2023
30.09.2024 05.07.2025
Delayed in
days
60
-
-
-
8.
All SOFTEXs have been certified.
e. Recommendation:
The proposal of the unit based on the agenda in terms of Rule 54 of SEZ Rules, 2006 is submitted to
the Approval Committee for consideration.
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