Circular no. 15 dated 05.03.2024 - Roll back of penalty TO Re. 1/- per sq.mtr. per annum from Rs. 100/- per sq.mtr.annum for delay in execution of sublease agreement

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----- Start of picture text -----<br> ERE 3 Wee ATHTZ/ GOVERNMENT OF INDIA,<br>NS gee<br>NS ateg- ag oTfeaem/ SEEPZ SEZ AUTHORITY,<br>siz sant waraa, MINISTRY OF COMMERCE& INDUSTRY, ~~<br>nna \ afrsy<br>NENG aa yt das — 400096. ANDHERI (EAST), MUMBAI — 400096<br>a, Tel: 022-28294703/28294770,<br>° ° E-mail: dcseepz-mah@nic.in, Website: www.seepz.gov.in<br>No, E-FNC/225/2022-EF/Q3)£¢0 05.03.2024<br>----- End of picture text -----<br>

afar aria 1Y feat OS /03/2024 Circular No. /5 Dated 0S /03/2024

fava: sougT wei & Proea F eat & fare quia at ayelt wt are &. 100/- wit af dex uf af @ 1/- Sud ofa atesuftad - aavaeft

Sub: Roll back of penalty to Re.1/- per sq.mtr. per annum from Rs. 100/- per sq.mtr. per annum for delay in execution of sublease agreement -reg.

SITE anata am facqes F St The pro p osal to Roll back the fee gates At cae eT arqa aac ey — levy of penalty to Rs. 1/- per sq. 100/-¥ft at/ Atex/ ufa ay a ¥.1/mtr. p.a. from Rs. 100/- per sq. oft at dtec/ wie as act a yea. mtr. p.a. for delay in execution of . 11.10.2023 4 arate sublease agreement was placed aad aeerersarrent 634¥ wfc before thehe 63™4oad AuthorityaeMeeting held on 11.10.2023. rs ; The Authority was of opinion :- (i) Taertt.. FT yara er a# yara er a# er a# a## GAA.rs..rs.rs. 1/- 3ft FT from Rs.(i) to100/-roll perbacksq.themt.penaltyto Rs. dex & eae 100-- wit at Ae , ama 1/- per sq. mtr. With retrospective effect.

rs ; (i) Taertt.. FT yara er a# yara er a# er a# a## GAA.rs..rs.rs. 1/- 3ft FT dex & eae 100-- wit at Ae , ama n AT |

(ii) fra > gata a (ii) that in respect of the oat - an t “unit holders who have paid the Hae HoH Uy aT Pree & fas penalty , the said amount should aarattere frat ara 4 feu be adjusted against rent. aifeem + aftr feat 06.08.2010 = The Authority also decided

ufdeatfta act ar oft facia fem frett—Ssisto” watat east 1 Fe 100/- ofa af fAex gf| ay Sgro WaT aT |

so supersede the Circular dt. 06.08.2010 increasing the penalty from Rs. 1 to Rs. 100/- per sq. mtr.p.a.

ant qe fetta feo ao fk a we It was further decided that adutis fa ¥ ase ot oh a ae this exemption is being extended 31.03.2024 ° in the public interest and valid for aT aT saa eet fAvafet IF the lease deeds to be executed on aret ott Ste & fer ares SI or before 31.03.2024

at aftearcat / artsrta Srathrarat & arate 2 At AT Ta We ar ara Gora # fear 31.03.2024 aT aT Sas Geet Sa-TaT Taste Frome AT |

All the unit holders/public utilities are requested to execute the sub-lease agreement on or before 31.03.2024 for availing the aforesaid exemption.

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1. at afte ares, Hora

2. SEEMA, ates at

3. SG&IMA atest ae

4. Fae, diosa