Agenda of Approval Committee meeting to be held on 24.03.2026 -FESTUS SEZ

सीÜज़ ͪवशेष आͬथ[क ¢ेğ SEEPZ SPECIAL ECONOMIC ZONE

अंधेरȣ (पूव[), मुंबई ANDHERI (EAST), MUMBAI --------------------------------------------------------------------------- काय[सूची के ͧलए AGENDA FOR मेसस[ फेèटस Ĥोपेटȹज़ ǒबãडस[ Ĥाइवेट ͧलͧमटेड के आईटȣ/आईटȣईएस के ͧलए ¢ेğ ͪवशेष ͪवशेष आͬथ[क ¢ेğ के ͧलए अनुमोदन सͧमǓत कȧ बैठक।

MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF
M /s. FESTUS PROPERTIES PRIVATE LIMITED.

èथल : सʃेलन कƗ, िȪतीय तल, िवकास आयुƅ का कायाŊलय, सी̪ज़-सेज़, अंधेरी (पूवŊ), मुंबई VENUE : Conference Hall, 2nd Floor, The Office of the Development Commissioner, SEEPZ-SEZ, Andheri (East), Mumbai Ǒदनांक : मंगलवार, 24 माच[, 2026 DATE : Tuesday, 24th March, 2026 समय : दोपहर 2:00 बजे TIME : 02:00 PM

24th माच[ 2026 को ͪवकास आयुÈत, सीÜज़-सेज़ कȧ अÚय¢ता मɅ मेसस[ फेèटस Ĥोपेटȹज़ ǒबãडस[ Ĥाइवेट ͧलͧमटेड-सेज़ के आईटȣ/आईटȣईएस के ͧलए ¢ेğ ͪवशेष ͪवशेष आͬथ[क ¢ेğ के ͧलए अनुमोदन सͧमǓत कȧ बैठक। Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of M /s. FESTUS PROPERTIES PRIVATE LIMITED-SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on 24th March 2026.

सूचकांक /INDEX काय[सूची मद Đ. Agenda Item No. ͪवषय
Subject काय[सूची मद Đमांक 01:- Agenda Item No. 01: - 25.11.2025 को आयोिजत बैठक के काय[वृƣ कȧ पुिçट। Confirmation of the minutes of the meeting held on 25.11.2025 काय[सूची मद Đमांक 02:- Agenda Item No. 02: - मेसस[ टाटा कंसãटɅसी सͪव[सेज ͧलͧमटेड (यूǓनट-I) (LOA-04) के Ĥदश[न कȧ Ǔनगरानी Monitoring of performance of M/s. M/s. TATA CONSULTANCY SERVICES LIMITED (Unit-I) (LOA-04)

िवकास आयु , सी ज़-सेज़ क अयता म िदनांक 25.11.2025 को ितीय तल, बोड

म, शासन भवन, डीपी व#ड , $हावा शेवा िबज़नेस पाक ाइवेट (लिमटेड, लॉट *. 5/1, इन लॉट *. 406/FTWZ1, से,टर 4, जेएनपीए-सेज़, 0ाम सवारखार, उरण, रायगढ़, महारा67 - 400707 म मेसस फे9टस ॉपट:ज़ ाइवेट (लिमटेड-सेज़, पवई, मुंबई के से,टर िव<श6 िवशेष आ>थक े@ के (लए आयोAजत अनुमोदन सिमBत क 81वC बैठक का काय वृG। Minutes of 81st Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Festus Properties Pvt. Ltd-SEZ, at Powai, Mumbai, under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on 25.11.2025, at 2nd Floor, Board Room, Admin Building, DP World, Nhava Sheva Business Park Pvt. Ltd., Plot No. 5/1, In Plot No. 406/FTWZ1, Sector 4, JNPA-SEZ, Village Sawarkhar, Uran, Raigad, Maharashtra-400707.

1.
सेज़ का नाम/
Name of the SEZ  
 
:
:
मेसस
 फे9टस ॉपट:ज ाइवेट (लिमटेड/
M/s. Festus Properties Private Limited 
2.
से,टर/
Sector     
            
:
:
आईटी/आईटीईएस/
IT/ITES
3.
मीIटग नंबर/
Meeting No.  
             
:
:
81वC/
81st  
4.
िदनांक/
Date         
               
:
:
25.11.2025/
25.11.2025
उपJ9थत सद9य/Members Present:
*.
Sr.
No.
सद9यK का नाम
Name of Members
पद का नाम
Designation
संगठन 
Organization
1
Lी मयूर मानकर
Shri Mayur Mankar
संयु	 िवकास आयु	 /
Jt. Development
Commissioner
सी
ज़-सेज़ /
SEEPZ-SEZ
2
Lी सुनील अघवाने
Shri. Sunil
Aghawane
संयु	 आयु	 आयकर /
Joint Commissioner
Income Tax
आयकर आयु	 काया
लय, मुंबई
के नािमती / Nominee of
Commissioner of Income
Tax office, Mumbai
3
Lी बैिकयावेलु मुथारासु 
Shri. Backiyavelu
Mutharasu
उप िनदेशक डीजीएफटी
/
Deputy Director
DGFT
अBतOर	 डीजीएफटी, मुंबई के
नािमत / 
Nominee of the Additional
DGFT, Mumbai
4
Lी बीरP Qसह 
Shri Birender Singh
उप आयु	, सीमा शु#क
/ Deputy
Commissioner of
Customs
सीमा शु#क आयु	, जनरल, एयर
कागR, सहार के नािमती /
Nominee of Commissioner
of Customs, General, Air
Cargo, Sahar
5
Lीमती पूनम दराडे
Smt. Poonam Darade
उप िनदेशक उSोग /
Deputy Director
Industries
डीसी इंड9ट7ीज, महारा67 सरकार
के नािमBत /
Nominee of DC Industries,
Government of
Maharashtra.

6
Lी बालासाहेब बोराडे 
Shri Balasaheb
Borade
उप िवकास आयु	
Deputy
Development 
Commissioner / 
िविनTद6 अBधकारी  
Specified Officer
सी
ज़-सेज़ 
SEEPZ –SEZ 
फे9टस-सेज़
Festus –SEZ
7
Lी जय मनोज शाह
Shri Jay Manoj Shah
िविनTद6 अBधकारी  
Specified Officer
सी
ज़-सेज़
SEEPZ –SEZ
 
                        
    बैठक म सहायता और सुचा
 कामकाज के (लए Lी
राहुल <शवXणगोल एडीसी ($यू एसईजेड), Lी जय
दीप, एडीसी ($यू एसईजेड), Lी सुदश
न Yशदे, एडीसी
($यू एसईजेड) और Lी पलाश शंकर, एडीसी ($यू
एसईजेड) भी शािमल हुए।
 
 
                 Shri Rahul Shivannagol ADC (New
SEZ), Shri Jai Deep, ADC (New SEZ), Shri
Soodershan Shindde, ADC (New SEZ) and Shri
Palash Shankar, ADC (New SEZ) also attended
for assistance and smooth functioning of the
meeting.
काय
सूची मद संZया 01 : िदनांक 30.10.2025 को
आयोAजत 80वC बैठक के काय
वृG क पुि6।
 
Agenda Item No. 01: Confirmation of Minutes
of the 80th meeting held on 30.10.2025.
 
िदनांक 30.10.2025 को आयोAजत 80वC बैठक के
काय
वृG क सव
स[मBत से पुि6 क गई।
 
The Minutes of the 80th Meeting held on
30.10.2025 were confirmed with consensus.
 
 
 
काय
सूची मद संZया 02 : 
मेसस
 टाटा कंस#टसी सTवसेज (लिमटेड (यूिनट-IV)
के तृतीय \लॉक के पाँचव वष
, अथा
त् 2024-25 के
(लए दश
न क िनगरानी।
 
Agenda Item No 02 :  
Monitoring of the performance of M/s. TATA
CONSULTANCY 
SERVICES 
LIMITED
(Unit-IV) for 5th year i.e. 2024-25 of 3rd block.
LOA 
No. 
SEZ/HIRA-MUM/(15)/LOA-
15/2009-10/25/5224,
Dated 30.07.2009
 
LOA No. SEZ/HIRA-MUM/(15)/LOA-15/2009-
10/25/5224, 
Dated 30.07.2009
इकाई ारा िवG वष
 2024-25 के (लए वाTषक दश
न
Oरपोट
 9तुत क गई है। इकाई ने िवG वष
 2024-25
के दौरान संचयी आधार पर `. 4,39,573.15 लाख का
सकाराaमक संचयी एनएफई (NFE) ाb िकया है।
 
The Annual Performance Report for the FY 2024-
25 was submitted by the unit. The unit has
achieved positive NFE of Rs. 439573.15/- Lakhs
on cumulative basis during the 5th year i.e. FY
2024-25  of 3rd block (2020-21 to 2024-25).
 
िनण
य: - िवचार-िवमश
 के बाद, सिमBत ने सेज़ िनयम,
2006 के िनयम 54 के संदभ
 म मेसस
 टाटा कंस#टसी
सTवसेज (लिमटेड (फे9टस-सेज़) के दश
न को नोट
िकया।
 
Decision: 
- After deliberation, the Committee
noted 
the 
performance 
of M/s. 
TATA
CONSULTANCY 
SERVICES 
LIMITED
(Festus-SEZ) in terms of Rule 54 of SEZ Rules,
2006.
सिमBत ने इकाई को एनएफई को अBतरंAजत करने से
बचने के (लए 2024-25 क अवBध के (लए उनके ारा
9तुत एपीआर के सही आंकड़े *म संZया 8 (िपछले
वष
 के अंत म एनएफई कमाई क J9थBत) और *म
संZया 9 (पांच साल क अवBध के (लए संचयी
एनएफईई कमाई) दान करने का भी िनदeश िदया।
 
The Committee also directed the unit to provide the
correct figures at Sr. No. 8(NFE earning position at the
end of previous year) and Sr. No. 9(Cumulative NFEe
earning for the five year period) of the APR submitted by
them for the period of 2024-25, to avoid overstatement of
NFE.

काय
सूची मद संZया 03 : 
मेसस
 फे9टस ॉपट:ज ा. (ल. (डेवलपर) क अैल
2025 से जून 2025 क अवBध के (लए @ैमाAसक
दश
न Oरपोट
 क िनगरानी।
 
 
Agenda Item No 03:  
Monitoring of Quarterly Performance Report for
the period April 2025 to June 2025 of M/s. Festus
Properties Pvt. Ltd. (Developer).
 
अैल 2025 से 
जून 202 5 क अवBध के (लए
@ैमाAसक दश
न Oरपोट
 डेवलपर ारा 9तुत क गई
और फे9टस-सेज़ के िविनTद6 अBधकारी ारा िदनांक
07.11.2025 के प@ के मायम से सaयािपत क गई।
 
The Quarterly Performance Report for the period
April 2025 to June 2025 was submitted by the
Developer and verified by the Specified Officer,
Festus-SEZ vide letter dated 07.11.2025. 
 
िनण
य: – िवचार-िवमश
 के बाद, किमटी ने डेवलपर
यानी मेसस
 फे9टस ॉपट:ज़ ाइवेट (लिमटेड –SEZ
क अैल 2025 से जून 2025 तक क Bतमाही
परफॉमfस Oरपोट
 पर यान िदया, जो SEZ 
#स,
2006 के 
ल 12(6) और 
ल 22(4) के िहसाब से है।
इसके अलावा, किमटी ने यह भी साफ करने का िनदeश
िदया िक ,या डेवलपर ारा खरीदे गए सामान/सTवस
MoC&I ारा 15.03.2010 को जारी इं9ट7,शन नंबर
50 के अनुसार अूgड हh ।
 
Decision:- After deliberation, the Committee
noted the Quarterly Performance Report for the
period April 2025 to June 2025 of the Developer
i.e. M/s. Festus Properties Pvt. Ltd. –SEZ of in
terms of Rule 12(6) and Rule 22(4) of SEZ Rules,
2006. Further, the committee also directed to
clarify whether the goods/services procured by the
Developer are approved as per the Instruction no.
50 issued by MoC&I dated 15.03.2010.
 
अय को ध$यवाद iापन के साथ बैठक समाb हुई। 
Meeting concluded with a vote of thanks to the
Chair.
signaturerectangle-1-186
Shri. Dnyaneshwar B Patil
Development Commissioner
SEEPZ- SEZ
Digitally signed by Dnyaneshwar Bhalchandra
Patil
Date: 2025.12.02 17:41:12 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

Action Taken for Approval Committee held on 25-11-2025
Agenda Item No.
Subject
Remarks
Agenda Item No. 01
Confirmation of the Minutes of the 80th
Meeting held on 30-10-2025
Agenda Item No. 02
Application for Monitoring of
Performance(M/s. TATA CONSULTANCY
SERVICES LIMITED (Unit-IV))
Letter dated 12.12.2025 issued to the unit.
Agenda Item No. 03
Application for Monitoring of QPR(M/s.
Festus Properties Pvt. Ltd., (Developer) )
Letter dated 12.12.2025 issued to the unit.

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 performance of the unit in terms of Rule 54 of SEZ Rules, 2006.
b. Specific Issue on which decision of AC is required: -  
Monitoring performance of the unit as specified in FSR.
c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/    
    Notification :- 
In terms of Rule 54 of SEZ, Rules 2006: Performance of the unit shall be monitored by the Approval Committee
as per the guidelines given in Annexure appending these rules.
d. Other Information: - 
 
FINAL SCRUTINY REPORT/2026
Name of the Unit: - M/s. TATA CONSULTANCY SERVICES LIMITED (Unit-I) (LOA-04)
Address: - Unit at 9th, 10th, 11th, 12th & 13th Floor, Kensignton, Unit No. 801, 901, & 1011, Kensington, Powai, B
Wing, Powai, Mumbai-400 076
Financial Year: - 2022-23 to 2024-25 (5th year of the previous block & first two years of the existing block)
As per FAQs related to SEZ Rules, 2006:
“Units, which have not completed one year of operation from the date of commencement of production, will not be
monitored. In case a unit has completed less than five years from the date of commencement of production, it will
be monitored for the number of completed years. Annual monitoring in the cases of old units which have
completed more than five years will be undertaken for only such number of years which fall in the subsequent
block/s of five years.”
 
(A): Observation on APR
i. APPROVED Projections for the 3rd Block (existing block)-                                                 
(Rs. In Crores) 
PARTICULARS
1st Year
2nd Year
3rd Year
4th Year
5th Year
TOTAL
FOB Value of
Exports
390
410
440
450
480
2,170
FOB Outgo
8.5
8.5
6.5
6.5
3.5
33.5
Net Foreign
Exchange
381.5
401.5
433.5
443.5
476.5
2,136.5

Year
Export
F.E. OUTGO
 
Projected
 
Actual
(As per
APR)
Raw Material
(Goods/Services)
C.G. import
Other
outflow
Projected
Actual
(As per
APR)
As per
NSDL
Data
Projected
(CG Import
+ Other
outflow)
Actual
(As per
APR)
As per
NSDL
Data
Actual
(As per
APR)
2022-
23
480
1,698.52
-
-
-
3.5
0.00
0.00
541.17
2023-
24
1,077.47
1,742.25
-
-
-
552
0.26
0.26
502.03
2024-
25
1,099.02
1,450.73
-
-
-
563.04
0.02
0.02
148.35
Total
2,656.49
4,891.50
-
-
-
1,118.54
0.28
0.28
1,191.55
 
 
 
  
 
 
 
 
 
 
Year
Cumulative
Projections
NFE
Cumulative
NFE Achieved
As per APR
(Column 9)
Cumulative %
NFE Achieved
2022-23
2,136.50
5,134.38
240.32%
2023-24
525.47
1,238.77
235.75%
2024-25
1,061.45
2,540.22
239.32%
ii. APPROVED Projections for the 4th Block (existing block)-                                                 
(Rs. In Crores) 
PARTICULARS
1st Year
2nd Year
3rd Year
4th Year
5th Year
TOTAL
FOB Value of
Exports
1,077.47
1,099.02
1,121.00
1,143.42
1,166.29
5,607.20
FOB Outgo
552.00
563.04
574.30
585.78
597.50
2,872.62
Net Foreign
Exchange
525.47
535.98
546.70
557.64
568.79
2,734.58
 
I. Performance as compared to projections for the period FY 2022-23 to 2024-25:
(Rs. In Crores)
 
 
 
 
 
II. 
Cumulative NFE achieved during the block period . (2022-23 to 2024-25).
III. Cumulative NFE achieved as per APR
                           (Rs. in Crores)
 
 
 
 
 
Capital Goods Amortized Values table: -
(In Crores)
Year
CG Imp.
4B(v)
Amortized Value

2015-16
38.13
3.81
 
2016-17
0.48
0.05
 
2017-18
0.35
0.04
 
2018-19
1.18
0.12
 
2019-20
2.83
0.28
 
2020-21
-42.01
-4.20
 
2021-22
-0.14
-0.01
 
2022-23
1.82
0.18
 
2023-24
11.84
1.18
 
2024-25
9.28
0.93
 
Total
23.76
2.38
 
 
(III) Whether the Unit achieved Positive NFE                : YES
B. Other Information: 
LOA No. & Date
SEEPZ/NEW-SEZ/HIRA-MUM/03 
/LOA-
04/2007-08/6479, 
Dated: 
11.09.2007
(Original LOA)
Validity of LOA
15.06.2028
Item(s) of manufacture/ Services
COMPUTER, SOFTWARE DEVELOPMENT,
IT & IT ENABLED SERVICES, TESTING
SERVICES, BPO
Date of commencement of production
16.06.2008
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 below (As per NSDL)
Year
Projected
Men
Projected
Women
Men
Women
Total
Average %
2022-23
1,817
1,264
808
2,072
114.03
2023-24
1,264
808
861
581
1,442
69.59%
2024-25
577
381
988
47.68%
Area allotted (in sq. ft.)
1,74,580 Sq. ft.
Area available for each employee per sq
ft basis (area / no. of employees)
 
2022-23
2023-24
2024-25
84.26
121.07
176.70
Investment till date
(Rs. In Crores)
Building
279.55
 
Plant & Machinery
33.80
TOTAL
313.35
Per Sq. ft. Export during the FY
 
(APR export/per sq. ft*Crores)
2022-23
2023-24
2024-25
97,291.79
99,796.66
83,098.29

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.
YES
C. Reconciliation of Export & Import data.
a.  EXPORT   
 (Rs. in Crores)
Year/
Period
 
Breakup
(Total=Offsite+
Onsite-Credit
Note)
Figures
reported in APR
(FOB Value)
Figures as per
SOFTEX Data
Difference if
any
Reason for
Difference/Remark
2022-23
Offsite
1,228.71
1,209.72
18.99
i) Ex. Rate Difference.
ii) Credit notes are issued
for each year by the
Customer 
which 
are
included in the FOB value
but not in the trade data.
Onsite
712.68
NA
 
Credit Note
242.87
 
 
Total
1,698.52
 
 
2023-24
-
1,742.25 Cr
1,655.00
87.2564
i) Ex. Rate Difference
ii) Credit notes are issued
for each year by the
Customer which are
included in the FOB value
but not in the trade data.
iii) we are declared onsite
export from the unit.
2024-25
-
1,450.72 Cr
1,450.73
0.01
-
 
b. IMPORT (RM)
(Rs. In Crores)                         
Year/
Period
Figures as per
APR
Figures as per
Trade Data (NSDL)
Difference if
any
Reasons for difference
2022-23
0.00
0.00
-
-
2023-24
0.00
0.00
-
-
2024-25
0.00
0.00
-
-
c. IMPORT (Capital Goods including procurement done on IUT (from SEZ) basis .

(Rs. In Crores)                    
Year/Period
Figures as per
APR
Figures as per Trade
Data
Difference if
any
Reasons for difference
2022-23
NIL
NIL
-
NA
2023-24
0.26
0.26
-
NA
2024-25
0.02
0.02
-
NA
 
D. Bond cum Legal Undertaking (BLUT):          
 
A
Value of BLUT Executed (Duty
foregone) (including CG / Raw
Material / Services)
 
Value of Additional BLUT executed
Year –
 
BLUT Amount-
 
 
 
 
 
Value of Additional BLUT executed
Year -
 
BLUT Amount-
 
 
 
Total Value of BLUT executed in
Crores:
i
Total 
Bond-Cum 
Legal
undertaking
210016000
ii
Remaining Value of BLUT given
by entity at the start of the
Financial Year (2022-23)
179574946.10
iii
Value of Additional Bond-Cum-
Legal 
Undertaking 
(BLUT)
executed during the Financial
Year (2022-23)
Nil
iv
The duty forgone on Goods /
Services imported or procured
during the Financial Year (should
include the GST foregone on DTA
procured goods/services)
3638417
V
Remaining Value of BLUT as the
end of the Financial Year [(ii)+
(iii)-(iv)] (2022-23)
175936529.10
 
 
1427.07 (Total duty foregone Rupees in lakhs as on
31.03.2025)
Nil
N.A.
 
 
 
 
6262.40
B
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
 
FY
Goods (imported
and indigenous)
Rs. in Crores
Services 
(Rs. 
in
Crores)
2023-24
 
0.30
 
0.54

separately for each category of
procurement.
2024-25
 
0.27
 
13.16
Total
0.57
13.70
C
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 2025)
Gender
As per LOA (Form
F)
As on 31.03.2025
Men
5398
 
Women
4102
 
Total
9500
 
 
 
 
 
 
 
 
 
 
 
 
E
Details of pending Foreign Remittance
beyond Permissible period, if any
To cross-check the same and verify
whether necessary permission from AD
Bank / RBI has been obtained.
NIL
*
Details of pending Foreign Remittance
beyond permissible period, if any (As on
31st March 2025)
To cross-check the same and verify
whether necessary permission from AD
Bank/RBI has been obtained.
NO
F (a) 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
(b)
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
(c)
Whether unit has filed any request for
Cancellation of SOFTEX?
NO

G
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)
 
H
SO to verify and certify whether the unit
has updated the BLUT ledger module in
SEZ Online.
 
I
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
J
Is 
the 
unit 
sharing 
any 
of 
their
infrastructures with other units or are they
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
 
K
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.
For 23-24 Yes, it is filed. 479 Invoices, which is
valued at 78.5 Crores has been approved.
For 24-25 Yes, it is filed. 258 invoices, which is
valued at 59 Crores, has been approved.
L
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
M
Details of the request IDs pending for
OOC in respect of DTA procurement on
the date of submission of monitoring
report
NIL

N
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
They have a serving area and that has been approved
by DC office.
P
Whether any violation of any of the
provisions of law has been noticed /
observed by the Specified Officer during
the period under monitoring
 
 
Findings
 
1.
This 3 year’s performance scrutiny (2022-23 to 2024-25) of the 3rd & 4th Block Period (final
year of the previous block and first two of the existing block).
2.
i. The unit has achieved export revenue of Rs. 1,698.52/- Crores as against projected
export of Rs. 480/- Crores i.e. 353.86% during the period for FY 2022-23.
ii. The unit has achieved export revenue of Rs. 1,742.25/- Crores as against projected
export of Rs. 1,077.47/- Crores i.e. 161.70% during the period for FY 2023-24.
iii. The unit has achieved export revenue of Rs. 1,450.73/- Crores as against projected
export of Rs. 1,099.02/- Crores i.e. 132.00% during the period for FY 2024-25.
3.
Cumulative Net Foreign Exchange Rs. 5,134.38/- Crores is positive for FY 2022-23.
Cumulative Net Foreign Exchange Rs. 1,238.77/- Crores is positive for FY 2023-24.
Cumulative Net Foreign Exchange Rs. 2,540.22/- Crores is positive for FY 2024-25.
4.
There is no CRA Objection pending to be looked into.
5.
There is no SCN pending.
6.
APRs for the FY 2022-23 to 2024-25 have been submitted and filed within the prescribed
time.
7.
All SOFTEXs have been certified.
8.
All DSPFs have been filed.
9.
The values entered in Column No. 8 and therefore 9 are incorrect for the FY 2024-25 which
pertains to Net Foreign Exchange and shall be reverted to the unit for necessary
amendments.

10.
The values reported in the APRs with respect to the import of Capital Goods (10 years
including the current year) under 4(B)(i) for the FYs 2022–23 to 2024–25 correspond to one-
year values rather than cumulative values for ten years. Further, the figures reported for FYs
2020–21 and 2021–22 do not reconcile with the values reflected in the APRs and the
amortization sheet submitted by the unit. For instance, the unit has reported import of Capital
Goods amounting to ₹1.58 crore for FY 2020–21 as per the amortization sheet; however,
when the value is computed based on the figures provided in the APR, it results in a value of
(-₹42.01 crore). A similar discrepancy is observed in the APRs and verification reports for
FYs 2015–16 and 2021–22.
 
 
e. Recommendation: 
The proposal of the Unit is based on the Final Scrutiny Report in terms of Rule 54 of SEZ Rules, 2006, submitted
to the Approval Committee for consideration.
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