SEEPZ SPECIAL ECONOMIC ZONE . ANDHERI (EAST), MUMBAI. .......... " ................................................................ . AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ-SEZ VENUE : Through Video Conferencing on Webex Application DATE : 18th February, 2021 TIME : 11.30 A.M.

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.. . - MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ-SEZ UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 18TH FEBUARY, 2021. INDEX I Agenda Item No. Subject I I I Agenda Item No. 01 Confirmation of Minutes of the last meeting held I on 11.01.2021 I Agenda Item No.02 Application for setting up of new SEZ unit - M/ s . Craft Labgrown Diamonds Pvt Ltd., f--- Agenda Item No.03 Application for Broad Banding of items - M j s. D. L Navinchandra Jewels Agenda Item No.04 Monitoring of Performance

M j s. D. N avinchandra Jewels Agenda Item No.OS Application for Broad Banding of items - M j s. DNJ Creation LLP Agenda Item No.06 Monitoring of Performance - M/ s. DNJ Creation LLP I Agenda Item No.07 Monitorin g of Performance. Mjs. Aplab Ltd., St~ 1 Agenda Item No.08 Monitoring of Performance - M j s. Gold Jewellery Pvt Ltd., Unit-II ' Agenda Item No.09 Monitoring of Performance - Mjs. Kama Schachter I Agenda Item No.lO Jewellery Pvt Ltd., Unit-Il Monitoring of Performance- Mjs . MMTC Ltd., , Agenda Item No.11 Monitoring of Performance - M j s. Sonodyne International Pvt Ltd., Agenda Item No.12 Monitoring of Performance - Mjs.

Unit-Il Monitoring of Performance- Mjs . MMTC Ltd., , Agenda Item No.11 Monitoring of Performance - M j s. Sonodyne International Pvt Ltd., Agenda Item No.12 Monitoring of Performance - Mjs. Imperial J ewels Agenda Item No.13 Monitoring of Performance - M j s. Datamini Technologies (I) Ltd., Agenda Item No.14 Monitoring of Performance- Mjs. Jewel NXT 1 I Agenda Item No.15 Monitoring of Performance- Mjs. The Design House -

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• MINUTES OF THE MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER ON 11 Til JANUARY, 2021 THROUGH VIDEO CONFERENCING.

1. Name of the SEZ
2. Meeting No.
3. Date Members Present: l. Shri. C. P. S. Chauhan Jt. Development Commissioner
4. Shri. Rohit Kumar Additional Commissioner .3. Shri. Ramesh Holeyachi Jt. DGFT
5. Shri Sattsh Das Asstt. Commission of Customs
6. Smt Ashwini Wagmarc Inspector, Industries
7. Shri. Rohit Kumar Dy. Commissioner of GST 7 Sanjay Nanaware Field Officer Special Invitee:-

Shri. Durgesh Tiwari, Specified Officer SEEPZ-SEZ 149TII JJth January, 2021 Member Nominee of Income Tax Office, Kautilya Bhawan, Sandra, Mumbai Nominee of the Additional DGFT, Mumbai Nominee of Air Cargo Commissioner of Customs, Mumbai Nominee of Directornte of Industries, (MMR), Mumbai. Nominee of GST Commisswnerate Nominee of MPCB Tht; Chairperson welcomed all the ml'mbers present and thereafter agenda of the meeting was taken up. • Agenda Item No.

Industries, (MMR), Mumbai. Nominee of GST Commisswnerate Nominee of MPCB Tht; Chairperson welcomed all the ml'mbers present and thereafter agenda of the meeting was taken up. • Agenda Item No. 01:- Confirmation of the Minutes ofthe 148th Meeting held on 18.11.2020 The Minutes of the meeting held on 18 I I 2020 were confirmed with consensus. Agenda Item No. 02 :-Application of M/s. Jewelspark LLP for setting up of new Unit in SEEPZ-SEZ M/s. Jcwelspark LLP, hud submitted the application for setting up of unit in SEEPZ for manufacture and export of Gold Jewellery Studded with CVD, Sil'cr Jewellery Studded with Diamonds & Gem stone, Gold Jewellery Studd<:d with Diamonds & Gems Stones at Premises- GJ-17, SDF VII. Deciston :- After deliberation, the Comm1ttt:c approved the proposal of .Mj s. Jew~lspark Ltd., for manufacture and export of Gold Jewellery Studded with CVD, Silver Jewellery Studded with Diamonds & Gem stones, Gold Jewellery Studded with Diamonds & Gems Stones at GJ-17, SDF VII admeasuring area 618 Sq mtr in lt:!rms of R ,,/(> 17 & 18 of SEZ Rules, 2006. .. ... 2/-

y Studded with Diamonds & Gem stones, Gold Jewellery Studded with Diamonds & Gems Stones at GJ-17, SDF VII admeasuring area 618 Sq mtr in lt:!rms of R ,,/(> 17 & 18 of SEZ Rules, 2006. .. ... 2/-

2 Agenda Item No. 03 :- Application for Merger of LOA of M/s. Jewelex India Pvt. Ltd., Unit VII into M/a. Jewelex India Pvt. Ltd., Unit II M/s. Jewelex India Pvt. Ltd., Unilll had submitted tht> Hpplication for Merger of LOA of M/s. Jewelex India Pvt. Ltd., Unit VII, LOA No. SEEPZ/NUS/.'\PL/GJ-13/ 06- 07 /1385 dated 05.03.2007 as amended' tth M/s. Jt•welex India Pvt. Ltd, Unit II, LOA No. SEEPZ-SEZ/NUS/APL/ GJ/37 /89/8709 dated 27.10.1998 ns amended. Decision :-After deliberation, the Committee approved the proposal of unit for Metgcr of LOA M/s Jewelex lndza Pvt. Ud., Unrt VII, LOA No. SEEPZ·SEZ/NUS/APIJ/GJ 13!06 07/1385 dated 05.032007 as amended located nt Jllot No. 5613, 2nu & 3"' Floor wllh M/s. Uewelex India Pvt Ltd, Unit ll, LOA No SEL!.'Pz-SEZ/NUS/APL/GJ/37/89/8709 duterl 27.01.1998 as amended located at Plot No. 568, 2•ut &. Jrd Floor, Unit No G.J9 & G-33, G & J Complex Ill in terms of Rule 1 9(2) of Sl:.'Z Rllles, 2006 rend with lnstructzon No. BY datf'cl 17.05.2018 & Instll.lction No. 90 dated 03.08.2018. The Committee also directed the unit to:- ,.. Pay the outstanding rental dues immediately. Agenda Item No. 04 :- Application for Change in Shareholdlng Pattern of M/s. CourseS Intelligence Pvt. Ltd. M/s. CourseS Intelligence Pvt.

nit to:- ,.. Pay the outstanding rental dues immediately. Agenda Item No. 04 :- Application for Change in Shareholdlng Pattern of M/s. CourseS Intelligence Pvt. Ltd. M/s. CourseS Intelligence Pvt. Ltd., had submitted the application for Change in Shareholding Pattern after transfer of buy back of shares on I 5.03.20 19, 22.03.2019 & 30.03.2019 and the details are as follows :- I Name of the Existing Sharcholding Pattcm as Proposcd/Nt:w Sh<U'cholding Shareholder on 08.03.2019 Pattern as on 30 03 2019 No. of Value (Hs. % No. of Value (Rs. In "'o Shares In Lakhs) Shares Lt.khs) Mr. Praveen 14,91,173 ~ ,49, 11.730 10.30

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Gupta Mrs. Ruchika 14,91,173 1,49, I 1,730 10,30 .__

. G\lpta Mr. Kedar 14,91,173 1,49, I 1,730 10.30

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Sohoni M Is. Riddhymic 32,50,150 3,25,01,500 22.46 33,14,077 3,31,40,770 22 90 Technologies Pvt. Ltd Mr. Kumar 25,00,050 2,50,00,500 17.27 36,18,429 3,61,84,290 25.00 Mehta Mr. Ash win 10,00,000 I ,00.00,000 C>. Sll 10,00,000 1,00,00,000 6.91 Ramesh Mittru M/s. Riddhymic 32,50,000 3,25,00,000 22.45 33,71,517 3,37,15,170 23.29 Techno serve LLP AM Family 0 0 0 31,69,696 3,16,96,960 '2 1.90 Trust (Trust) TOTAL 1 44 73,719 4 47 37,190 100 1,44,73 719 14 47 37,190 100 J Decision :- After deliberation, the Committe~>. approt•ed the proposal of .M/s. Cour~e5 Intelligence Put. Ltd., for change in Shareholding Patient irr tenns of Instruction No. 89 dated 17.05.2018 read with Instruction No. 90 eluted 03.08.2018 issued by MOC&I.

proposal of .M/s. Cour~e5 Intelligence Put. Ltd., for change in Shareholding Patient irr tenns of Instruction No. 89 dated 17.05.2018 read with Instruction No. 90 eluted 03.08.2018 issued by MOC&I. The Committee also directed the unit to:- ,.,. Pay the outstanding rental clues immediately j.. Submit the proposal of shardwlding, if any, in future, well in advance fur approval ofthe Approval Commrttee. . .... 3/- • •

• •• 3 Agenda Item No. 05 :- Application for Broad Banding of Items with renewal of LOA for further period of 5 years i.e. 2020-21 to 2024-25 w.e.f. 01.04.2020 to 31.03.2025 ofM/a. Kallatl Jewels Mfs. Kallati Jewels had submitted the application for Broad Banding of llerns with renewal of LOA for further period of 5 years i.e. 2020-21 to 2024-25 w.c.f. 01.04.2020 to 31.03.2025. Decision :- After deliberation, the Committee approved the following proposal :- A. BROAD BANDING OF ITEMS :- .--------- Items of Manufacture a) Silver Jewellery Studded with Colour Stone ·'---'-'and Diamonds __ Proposed Capacity

30,000 PCS The Committee noted that there is already one circular no. SEEPZ-SEZ/lA-1/ Policy/46/2008-09 dated 25.09.2020 in existence in respect of broad banding of items within Chapter 71 and hence no separate approval is needed in respect of the goods mentioned in the said circular. B. REVISED PROJECTION:-

Sl. Particulars Existing of 5 yean Proposed for 5 years 'No. (approved) 2020-21 to 2024-25 ~15-16 to 2019-20 Rs. In -

• Ti.Js·ooo (1US$ c:: Rs~ - Rs. In I us·ooo LakLs i Lakhs ·- ·---

Sl. Particulars Existing of 5 yean Proposed for 5 years 'No. (approved) 2020-21 to 2024-25 ~15-16 to 2019-20 Rs. In -

• Ti.Js·ooo (1US$ c:: Rs~ - Rs. In I us·ooo LakLs i Lakhs ·- ·---

FOB value of exports 71900 13 166.67 81_05.5 _ 11,315 2. lmport of Machinery 110 183.33 110 I S~ 3. Import of Raw Mnlerial ancl 4 ,265 7,108.33 --4,621 6,508 components 4. Import of Spares & 80 133.33 80 113 Consumables

Repatriation of dividends

• I'

and profits to foreign collaborates _ ....... 6. Royal tv

~ ~ . 7. Lumpsum Know how fee

~ Design & DrU\;ing fees .

;>, Payment of foreign

. technicians

Payment on training of

lndian tech. abroad 11. Commission on export

Foreign Travel 50 lll.ll 50 70 13 Amount of interest to be paid

. on ECB 14. Anv other~ment

. ~4 86~'

Total (2 to I 4f ' •l 505 7 352.77 61846 16. NFE (l-15) ·~ 3 395 5813.90 3 1941 4 49<:J_ The Committee also observed that there is not much increase in the export on increase in the capacity. Hence asked the Unit representative to examine and accordingly re-work the projections in uiew of the broad banding items. Agenda Item No. 06 :- Application received for Capacity Enhancement of items of manufacture, Broad Banding of items with renewal of LOA for further period of five years i.e. 2020-21 to 2024-25 w.e.f. 16.11.2020 to 15.11.2025 from M/s. Zenstar Jewellery LLP M/s.

of items of manufacture, Broad Banding of items with renewal of LOA for further period of five years i.e. 2020-21 to 2024-25 w.e.f. 16.11.2020 to 15.11.2025 from M/s. Zenstar Jewellery LLP M/s. Zenstar Jewellery LLP had submitted the application for Capac1ty hancemcnt of items of manufacture, Broad Bandmg of items with renewal of LOA for f rther period of five years i.e. 2020-21 to 2024-25 w e.f. 16.11 .2020 to 15.11.2025. &- .. .. .4/- l ., \

4 Der-ision :-After deliberation, lhe Committee approved the following proposal:- A. CAPACITY ENHANCEMENT :-

Items of Manuiactur e Approved Proposed j Capacity Capacity

a) Precious Metal Studded Jc b) Precious Metal Non- Jewellery wellery_ ~ ,00,000 PCS __ , 2,oo;ooo PCS ·I Studded 1,00,000 PCS 2,00,000 PCS I B. BROAD BANDING OF ITEMS :- r---~-~-------- Items of Manufacture iTC (HSi - -jApprove~ I Capacity a) ----------~------------· Gold, Platinum, Silver, Bronze, 7113 5% of FOB value Nickel, Stainless Steel, Palladium, of export of Brass Studded Jewellery with Previous Year Mother of Pearls or in combine of Diamonds, Precious & Semi Precious Stones, Pearl, CZ ~ Gold, Platinum, Silver, Bronze, Nickel, Stainless Steel, Palladium, Brass Studded J ewellery with Ceramic or in combine of Diamonds, Precious & Semi I _ _J 7113 5% of FOB value of export of Previous Year c) Precious Stgnes.l Pearl, CZ -~-------------J.---.:.--'--------l Gold, Platinum, Silver, Bronze, I Nickel, Stainless Steel, Palladium, 7113 5% of FOB value Brass Studded Jewellery

s Year c) Precious Stgnes.l Pearl, CZ -~-------------J.---.:.--'--------l Gold, Platinum, Silver, Bronze, I Nickel, Stainless Steel, Palladium, 7113 5% of FOB value Brass Studded Jewellery with Wood or in combine of Diamonds, Precious & Semi Precious Stones, _Pearl, CZ d) Studded & Unstuddcd Bronze, Nickle Jewellery with all types of Stones ~ 7117 of export of Previous Year 5% of FOB value of export of Prcvwus Y car The Committee noted that there is already one ctrcular no. SEEPZ-SEZ/IA 1/ • Policy/46/2008-09 dated 25.09.2020 in existence in respect of broad banding of items • within Chapter 71 and hence no separate approval is needed in respect of the goods mentioned in the said circular. However, the Committee also mentioned thnt the proposed Broad Banding of items is subject to compliance of provisions of other Allied Acts. The COJmniltec also noted the submission made by the unit that the mother of pearls would be sourced from overseas market and will not be procured from domestic tariff area and will be subject to the specific conditions of the ITC-liS Code. Committee also held the view that the proposed broad banding item is approvctl provided the non-precious metal jewellery should contain a precious component and should be in compliance in terms of Instruction No. 91 dnted 28.11.2018 and DGFT Notification No. 43/2015-20 dated 05.11.2019. C. REVISED PROJECTION :- Sl. . Existing of 5 years No. (approved) 29_1~::.!§.~ 2019-20 l~s. In us·ooo Lakhs 1. FOB value of exports 61,044 1,01,74 2.

on No. 43/2015-20 dated 05.11.2019. C. REVISED PROJECTION :- Sl. . Existing of 5 years No. (approved) 29_1~::.!§.~ 2019-20 l~s. In us·ooo Lakhs 1. FOB value of exports 61,044 1,01,74 2. Import of Machinerv 145' ' 242

• -· l 5 I 3. Import of Raw Matenal and ~•-t-. 48,255 80,426 58,233 83,190 components 4. Assorted Jewellery for 3,632 6,054 4,383 6,262 II remaking/ melting as raw material 5. Import of Spares & 519 865 626 895 Consumablcs ·- 4. Repatriation of dividends

. and profits to foreign collaborates 5. Royalty

Lumpsum Know how fee

.

Design & Dmwing fees

. . 8. Payment of foreign

.

. technicians 251 9. Payment on training of

• I Indian tech. a~road 42~ ~ 10. Commission on export 11. Foreign TraveL _____ .~ 58 40 -- 57 12. Amount of interest to be paid

on ECB

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13 Al!Y.Q!tl~~l'Tll~ t 37 62

~ 14. Total i2 to l1L. 52,6t18 87 7117 6'1 122 , ...... _21603 15 . NFE ll .!.iL 8 396 ~93 9 544 1 13,63'-1 The Committee also directed the unit to:- r Expedite the execution of sub-lease agreement of Unit No. 70 immediately. Agenda Item No. 07 :-Monitoring of Performance of M/s. Birlasoft Ltd. The unit had submitted the APR for the period 20 18-19 duly certified by Chartered Accountant. The export ar1d import data for the period 20 18-19 was retrieved from NSDL for cross ,·crificatwn \;th data submitted by them in the APR.

e period 20 18-19 duly certified by Chartered Accountant. The export ar1d import data for the period 20 18-19 was retrieved from NSDL for cross ,·crificatwn \;th data submitted by them in the APR. Decision :-After deliberation, the Committee deferred the perfonnance of the unir for the neriod 2018-19, and asked the Specified Officer to examine the export perfonnance as the same is not commensurate with the area allotted to them. The Committee also d1rc:cted the unit to:- ,. Expedite the execution of sub lease agreement immediately. Y Specified Officer to visit the Unit to examine the area uice·a-uise employment and export ~genda Item No. 08 Monitoring of Performance of M/s. Praxis Interactive Services Pvt. Ltd. The unit hud su bmittcd the APR for the period 2018-19 duly certified by Cl':a.rtcred Accountar~t. The export and import data for the pcnod 2018-19 was retrieved from NSDL for cross verification with data submitted by them in the APR and the same has been found satisfactory. Decision :- After deliberation, the Committee noted the perfonnance of the unrt for lite penod 201 8-19, as the unit has achieved positive NFE in temts of Rule 54 of SEZ I<ules, 2006. The Committee also directed the unit to:- ,. Pay the outstanding rental dues amounting toRs. 4, 79,212/· immediately . ..... 6/-

has achieved positive NFE in temts of Rule 54 of SEZ I<ules, 2006. The Committee also directed the unit to:- ,. Pay the outstanding rental dues amounting toRs. 4, 79,212/· immediately . ..... 6/-

r 6 Agenda Item No. 09 :- Monitoring of Performance of M/s. Thirdware Global Services The unit had submitted the APR for the period 20 18- 19 duly certified by Chartered Accountant. The export and import duta for the period 2018-19 was retrieved from NSDL for cross verification with datn su bmittcd by them in the APR and he same has been found sutisfactory. Decision :- After deliberation, the Commrttee noted the performance of the unrt for thC' pC: riod 2018-19, as the unit has achreued positive NFT~ in tenns of Rule 5·'1 of SEZ Rult's, 2006. Agenda Item No. 10 :- Monitoring of Performance of M/s. World IT Consulting Pvt. Ltd. The unit had submitted the APR for the J><'riod 2020-21 duly certified by Chartered Accountant. There is no export by the lJni1 during this period as they havl' applied for exit from SEZ. Decision :-After deliberation, the Committee noted the performance of the unit for the period 2020-21 and noted that, the unit has achieved positive NFE jor the pe1iod 2016-17 to 2020-21 as NIL in tenns of Rule 54 of SEZ Rules) 2006. Agenda Item No. 11 :- Monitoring of Performance of M/s. Cherokee India Pvt. Ltd. The unit had submitted the APR for the period 2018-19 duly certified l>y Chartered Accountant.

of SEZ Rules) 2006. Agenda Item No. 11 :- Monitoring of Performance of M/s. Cherokee India Pvt. Ltd. The unit had submitted the APR for the period 2018-19 duly certified l>y Chartered Accountant. The export and import data for the period 20 18- l 9 was retrieved from NSDL for cross verification with data submitted by them m the APR and the same is not found satisfactory. Lecision :- After deliberation, the Comrmtree noted the perf()rmance of the unit for tilt' penod 2018 19, us the Unit has achieved pos1tive NFEfor thC' YE!ar 2018-19, m tenns oj Rule 54 of SEZ Rules 2006. Agenda Item No. 12 :- Monitoring of Performance of M/s. Zycus Infotcch Pvt. Ltd. The unit had submitted the API~ for tht: pl!nod 2018- 19 duly certified b\ Chartered Accountant. The export <U1d import data for the period 2018- 19 was retneved from NSDL for cross venfication with data ~ubmittcd by them in the APR and the same has been found satisfactory. Decision :- After deliberation, the Committee noted the perfonnance of the unit jor the penod 2018-19, as the unit has achieved positwe NFI~ in tenns of RLLle 54 of SEZ Rules. 2006. The Commrttee also directed that :· ; Expedite the execution of sulJ-lew:e agreernf!ttl of Umt No. GJ-03. ~ Pay the outstandmg rental dues amounlury to Rs. 11,76,953/- as on date 1m mediately. ; Clear the pending foreign exchange realizalron and submit reporl. to Specified Officer. . ... 7 / - •

. ~ Pay the outstandmg rental dues amounlury to Rs. 11,76,953/- as on date 1m mediately. ; Clear the pending foreign exchange realizalron and submit reporl. to Specified Officer. . ... 7 / - •

• • 7 Table Agenda Item No. 01 :- Monitoring of Performance of M/a. EOS Power India Pvt. Ltd., The unit had submitted the APR for the period 2018-19 duly certified by Chartered Accountant. The export and import data for the period 2018-19 was retrieved from NSDL for cross vcrificulion v:ith duta submitted by them in the APR. Decision :- Afler deliberation, the Commtllee de.ferred the agenda and asked !ftc Specified Officer tore examine the quantity and value of the unutilized goods exported by the Unit under Rule 34 of the SEZ Rules 2006 The Committee also directed that :- ., Pay the outstanding dues amounting to Rs. 28, 98,913/- as on elate immediately. Table Agenda Item No. 02_ :- Monitoring of Performance of M/s. lnfrasoft Technologies Ltd. The unit had submitted the APR for the period 2018-19 duly certified by Chartered Accountant. The export and import data for the period 20 18-19 v.:a:s retrieved from NSDL for cross verification with data submitted by them in the APR and the same has been found satisfactory. Decision :- Afler deliberation, tire Committee noted the perfonnance of the; ur It for the period 20 18·19, as the unit has achieved positive NFE in temts of Rllle 54 of SEZ Rules, 2006. The Committee also dirC!cted the unit to:- ,. Pay the outstanding rental dues amounting toRs. 2, 96, 742/- if''! mediately.

e unit has achieved positive NFE in temts of Rllle 54 of SEZ Rules, 2006. The Committee also dirC!cted the unit to:- ,. Pay the outstanding rental dues amounting toRs. 2, 96, 742/- if''! mediately. , Clear the pending joretgn exchange t('a/izotiort and submit report to Spectjied Officer. ,.. Execute the sub lease agreement immediately beyond 08. 10.2020 Table Agenda Item No. 03 - Monitoring of Performance of M/s. ACE Software Solutions (I) Pvt. Ltd . The unit had su bmittcd the APR for the period 2018- 19 duly certified by Chartered Accountant. The export and import data for the period 20 18-19 was retrieved from NSDL for cross verification with data submitted by them in the APR. Decision :- Afler deliberation, rhe Committee 11oted the perfonnanca of the unit for the period 2018-19, as the unit has achieved positive NFE in tenns of Rule 54 of SEZ Rules, 2006. The Committee also directed that :- ,. Expedite the executron of sub-lease agr<!emenl of Unit No. 17 immediately.

Pay the outstanding reT! tal dues amounting to Rs. 1, 64,998/- as Oil dalf immediately. Table Agenda Item No. 04 :- Monitoring of Performance of M/a. Jewel NXT The unit had submitted the APR for the period 2018-19 duly certified by Chartered Accoun tan l. The export and import data for the period 20 18-19 w,ts retrieved from NSDL for cross verification \vith data submitted by them in the APR and same is not found satisfactory.

hartered Accoun tan l. The export and import data for the period 20 18-19 w,ts retrieved from NSDL for cross verification \vith data submitted by them in the APR and same is not found satisfactory. Decision :·After deliberation, the Committee deferred the perfomwnce of the unit for the pt:riod 2018-19, and asked the Unit representative to justify as to why there are 110 exports in the previous block period. The ~pecijied Officer to re-examine the export perfonnance ofthe Unit ..... 8/-

8 The Committee also directed the Unit to :- ~ Pay the outstanding rental dues amounting toRs. 20,19,646/- immediately. Table Agenda Item No. 05 :- Monitoring of Performance of M/s. Octaware Information Technologies Pvt. Ltd. The unit had su bmilted the APR for the period 20 18-19 duly certified by Chartered Accountant. The export and import dnta for the period 20 18-1 ~ was retrieved from NSDL for cross verification \vtth data submitted by them in the APR and same has been found satisfactory. Decision :- After deliberation, the Committee noted the perfonnance of the unit for tile period 2018-19, as the unit has achieved positive NFE in temts of Rule 54 of SEZ Rules, 2006. The Committee also directed the Unit to : ).> Expedite the execution of sub-lease agreeme11t immediately, farling which rht· projections will not be renewed. Y Pay the outstanding dues amounting toRs. 16,857/~ as on date immediately. ? Clear the pending foreign exchange realization and submit report to Specified • Officer Table Agenda Item No. 18 :-Monitoring of Performance of M/s.

nting toRs. 16,857/~ as on date immediately. ? Clear the pending foreign exchange realization and submit report to Specified • Officer Table Agenda Item No. 18 :-Monitoring of Performance of M/s. SKD Jewellery Pvt. Ltd. The unit had submitted the APR for the paiocl 2018-19 duly certified by Chartered Accountant. The export and import duta for the period 2018-19 we:.~ retrieved from NSDL for cross verification \dth data submitted by U1cm in the APR and tht: samt: has been found satisfactory. Decision :- After deliberation, the Committee noted the perfomtance of the unit for the period 2018-19, as thpe un.it has achieved positrve NFE in temts of Rule 54 of SEZ Rules, 2006. The Committee also held the view that in the agendas related to the Monitoring performance, the Unit representative should be present to clarify their stand on vartous issues like low performance, or outstanding dues, etc. • The meeting concluded with a uote of thanks to the Chair. ~- Chairperson-cum-Development Commissioner

t to clarify their stand on vartous issues like low performance, or outstanding dues, etc. • The meeting concluded with a uote of thanks to the Chair. ~- Chairperson-cum-Development Commissioner

ACTION TAKEN REPORT OF UAC MEETING DATED 18.02.2021 Sr.No Name of the Unit Proposal Remark 1 Confirmation of Minutes of the last meeting held on 11.01.2021

2 M/s. Jewelspark LLP Appliaction for setting up unit in Letter of Approval 1ssued to the SEEPZ unit on 18.01.2021 3 M /s Jewelex India Pvt Ltd., Unit-11 Application for Merger of LOA of Permission Letter 1ssued on mjs. Jewelex India Pvt Ltd,. Into 18.01.2021 Mf s. Jewelex lndta Pvt Lt.,d Unit-11 4 M/ s. CourseS Intelligence Pvt Ltd., Application for Change in Permission Letter 1ssued on Shareholding Pattern 18.01.2021 5 M 1s.Kallau Jewels Application for Broad banding of Permissiom Letter issued to the items With Renewal of LOA for unit on 21.01.2021 further period of 5 years 1.e. 2020- 21 to 2024-25 w.e.f. 01 04.2020 to 3 1.03.2025 6 Mj s. Zenstar Jewelley LLP Application for Capac1ty LOP and Letter issued to the Enchanceemnt of items of unit on 18.01.2021 manufacture, Broad Banding of 1tems with renewal of LOA for further period of five years i.e. 2020- 2 1 to 2024-25 w.e.f. 16.11.2020 to 15.1 1.2025 7 Mjs. Bnlasoft Ltd., Monitoring of Performance Letter issued to the unit on 21.01.2021 8 M/s.

LOA for further period of five years i.e. 2020- 2 1 to 2024-25 w.e.f. 16.11.2020 to 15.1 1.2025 7 Mjs. Bnlasoft Ltd., Monitoring of Performance Letter issued to the unit on 21.01.2021 8 M/s. Prruos Interactive Services Pvt Ltd., Letter issued to the un1t on 21.01.2021 9 Mjs Thirdware Global Services Monitorirlg of Performance Monitorin_g Noted 10 M/s World IT Consulting Pvt Ltd., Monitoring Noted 11 M/ s Cherokee India Pvt Ltd., Monitoring Noted 12 Mjs Zycus Infotech Pvt Ltd., Monitoring Noted Table Agenda l ~l/s. EOS Power Ind1a Pvt Ltd., Letter 1ssued to the Unit on 2 1.01.2021 2 Mfs. Infra soft TechnologieS Ltd., Letter issued to the unit on 27.01.2021 3 M/s. ACE Software Solutions (i) Pvt Ltd., Letter issued to the umt on 21.01.2021 4 Mjs . . iewel NXT Letter issued to the un~t on 21.01.2021 5 M Is. Octaware Information Technologies Letter issued to the umt on Pvt Ltd., 27.01.2021 • 6 M/s. SKD Jewellery Pvt Ltd., Monitoring Noted

el NXT Letter issued to the un~t on 21.01.2021 5 M Is. Octaware Information Technologies Letter issued to the umt on Pvt Ltd., 27.01.2021 • 6 M/s. SKD Jewellery Pvt Ltd., Monitoring Noted

OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI - 400 096

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE I COMPANY /UNIT PROFILE (a) Name and address, M/s. Craft Labgrown Diamonds Pvt. Ltd. telephone I fax/ email id Registered Address: Unit No. 141A & 1418, SDF V, SEEPZ-SEZ, Andheri East, Mumbai

• 400096 Proposed location : Unit No. 141A & 141B, admeasuring area 973 Sq. M t r. Telephone:- 022-67161616 Fax No.:- 022-67161616 Email Id:- craftdiamondsc~gmail.com (b) Status of the company i.e. Private Limited Company proprietorship/ partnership I Individual and statute under which registered with registration no. & year of registration • (c) Financial capability IT Returns of the Directors submitted (d) IEC No I date/ issued by The Firm is newly incorporated, hence they have applied for IEC. (e) Whether manufacturer / trader I Status:- Manufacturer & Exporter company warehouse/ Service provider Cont ... 2/-

sued by The Firm is newly incorporated, hence they have applied for IEC. (e) Whether manufacturer / trader I Status:- Manufacturer & Exporter company warehouse/ Service provider Cont ... 2/-

... 2 ... II. PROJECT PROFILE (i) Product to be Plain/Studded Gold Jewellery Studded with Labgrown manufactured/ service to Diamonds, PS & SP Stones, CZ & Combination thereof be rendered & Glass Lense, Plain/Studded Silver Jewellery Studded with Labgrown Diamonds, PS & SP Stones, cz & Combination thereof & Glass Lense, Plain/Studded Platinum J ewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Plain/Studded Palladium Jewellery Studded with Lab grown Diamonds, PS & SP Stones, cz & Combination thereof & Glass Lense, Plain/Studded Brass Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ& Combination thereof & Glass Lense, Plain/Studded Titanium Jewellery Studded with Lab grown Diamonds, PS & SP Stones, cz & Combination thereof & Glass Lense, (ii) Brief detail of the project The firm is established Lab Grown Diamond Studded Jewellery in international market is promoted by well reputed diamond group which is in import of rough Diamonds and manufacture and export of cut & polished as well as real diamond jewelry. Over the years, the company has grown from strength to strength and has its existence all over the world. The promotors are spreading their reach across the globe by actively participating in various shows and events both National as well as International.

th and has its existence all over the world. The promotors are spreading their reach across the globe by actively participating in various shows and events both National as well as International. The promoters are also interacting with certain well established buyers, viz. Wall Mart, Zales etc. and confident to achieve the proJected level of exports. (iii) Projections2 Year wise (i) Investment and Details Sr. Details Rs. In Lakhs of source of finance No. 1. Plant & Machinery • a. Indigenous 150 b. Imported (CIF Value) 230 2. Furniture & Fixture 100 3 . Electrical Fittings 75 4. Other Assets & Security 75 5. Net Working Capital 250 Total (i)+ (ii) 1030.00 \ Details of Source (s) of finance Rs. In lakhs Promoters Contribution l 1030.00 ..,/' Cont ... 3/-

... 3 ... (ii) Import & Indigenous Sr. Description Import Indigenous requirement of materials No. and other inputs (a) Capital Goods ( 230 150 J (b) Raw material, 38,789.34 2,651.07 components, consumables, packing material, fuel etc Total I 39019.34 2,801.07 (iii) Requirement of land (sq. 1. Factory /Office -973 Sq. Mtr mtr.) ii. Warehousing/storage NA ... Others, specify NA 111. - (iv) Requirement of built-up \ 973 Sq. Mlr.\ area (sq. mtr.)

(v) Total Employment Men f 110 Women 40 (vi) Foreign Exchange Balance Sheet (Rs. in lakhs) 1st year 2nd year 3n:1 year 4th year 5th year Total FOB value of 7500 9000 10800 12960 15552 1~8121 export Foreign 5507.50 6539 7816.80 9369.16 11237.99 40470.45 Exchange outgo ..

st year 2nd year 3n:1 year 4th year 5th year Total FOB value of 7500 9000 10800 12960 15552 1~8121 export Foreign 5507.50 6539 7816.80 9369.16 11237.99 40470.45 Exchange outgo .. NFE 1992.50 2461 2983.20 3590.84 4314.01 15341.55 • (vi) Effluent Treatment Quantum & Nature of effluent NA Mode of disposal Specify whether own effluent NA treatment plant will be created (vii) Whether Foreign No Technology Agreement is envisaged Cont ... 4/-

• III IV v VI Request of the company Rule Provision w.r.t SEZ Rules, 2006 Decision required from Approval Committee Recommendation f observations of the Dealing Executive f ADC Other Information's :- ... 4 ... Plain/Studded Gold Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Plain/Studded Silver Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Plain/Studded Platinum Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Plain/Studded Palladium Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Plain/Studded Brass Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Plain/Studded Titanium Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Rule 17 & Rule 18 of SEZ Rules, 2006.

on thereof & Glass Lense, Plain/Studded Titanium Jewellery Studded with Labgrown Diamonds, PS & SP Stones, CZ & Combination thereof & Glass Lense, Rule 17 & Rule 18 of SEZ Rules, 2006. To set up Manufacturing unit for Plain/Studded Gold Jewellery, Plain/Studded Silver Jewellery, Plain/Studded Brass Jewellery, Combination Jewellery, Plain/Studded Platinum Jewellery, Plain/ Studded Palladium Jewellery, Plain/Studded Stain Steel Jewellery, Plain/Studded Copper Jewellery, Gold Mounting Jewellery, Silver Mounting Jewellery at Unit No. 141A & 141B I admeasuring area 973 Sq. Mtr. The Documents have been verified and placed before the AC for consideration in terms of Rule 17 & 18 of the SEZ Rules 2006 Mfs. Craft Labgrown Diamonds (P) Ltd. have stated that they are Pvt. Ltd. Company having business in precious industry. The firm is established to start new business for manufacturing and exporting of Lab Grown Diamonds Jewellery. The said activity needs completely separate set up and new factory as per international practice and their buyers requirement. They start their business immediately for the said product. They would like to start their operations from Unit No. 141A and 141B admeasuring 10469.48 sq. ft. Presently the said premises is in the name of thetr group company i.e. Mfs. Hari Krishna Exports Pvt. Ltd. They requested to delete the said unit from their Letter of approval and allot them to start new operations immediately. In their letter dt.

group company i.e. Mfs. Hari Krishna Exports Pvt. Ltd. They requested to delete the said unit from their Letter of approval and allot them to start new operations immediately. In their letter dt. 04.02.21 they have mentioned the list of the Directors and shareholders of both the firms, in which 2 of their Directors are common in the existing Hari Krishna and newly fOrmed hrm M/s. Craft Labgrown Diamonds (P) Ltd. - ont ... S/ -

• ... 5 ... In the letter dt. 04.02.2021 Mjs. Hari Krishna have mentioned the list of the Directors and shareholders of both the firms, in which 2 of their Directors are common in the existing Hari Krishna and newly formed firm M/ s. Craft Labgrown Diamonds (P) Ltd. The details are as under :- List of Directors :- Hari Krishna Exports Pvt. Ltd. M/s .Craft Labgrown Diamonds Pvt. Ltd. Shri. Saviibhai Dhajibhai Dholakia Shri. Savjibhai Dhajibhai Dholakia -- Shri. Ghanshyambhai D. Dh olakia Shri. Ghanshvambhai D. Dholakia Shri. Himmatbhai D. Dholakia Shri. Rajesh Himmatbhai Dholakia Shri. Tulsibhai D. Dholakia Shri. Dravya Savjibhai Dholakia Shri. Hasmukhbhai T. Dholakia Shri. Hitarth Ghanshyambhai Dholakia - Shri. Nareshbhai Lunagariya Shri, Paragbhai Anantrai Shah Further vide letter dt. 17.02.2021, M/s. Hari Krishna Exports has sent a revised list of the Directors wh erein all the Directors in Mjs. Hari Krishna Exports Pvt. Ltd. are also the Directors in Mjs. Craft Labgrown Diamonds Pvt. Ltd. as indicated below:- Revised List of Directors :- r-Hari Krishna Exports Pvt.

% of M/ s .Craft Labgrown % of Ltd.

. Ltd. are also the Directors in Mjs. Craft Labgrown Diamonds Pvt. Ltd. as indicated below:- Revised List of Directors :- r-Hari Krishna Exports Pvt.

% of M/ s .Craft Labgrown % of Ltd. share- Diamonds Pvt. Ltd. s hare- holders holders Shri. Savjibhai Dhajibhai 28.06 Shri. Savjibhai Dhajibhai 20 Dholakia Dholakia Shri. Ghanshyambhai D. 24.30 Shri. Ghanshyambhai D. 20 Dholakia Dholakia Shri. Himmatbhai D. 19.11 Shri. Himmatbhai D. 18 Dholakia Dholakia

• 1- Shri. Tulsibhai D. Dholakia 23.36 Shri. Tulsibhai D. Dholakia 18 Shri. Hasmukhbhai T. 1.93 Shri. Hasmukh bhai T. 18 Dholakia Dholakia Shri. Naresh bhai 2.91 Shri. Nareshbhai 2 r1:u nagariya Lunagariya 1--- -- Shri, Paragbhai Anantrai 2 Shah Shri. Hitarth 2 Ghanshvambhai Dholakia It is to mention that their group company viz. M/ s. Hari Krishna Exports Pvt. Ltd. operatmg from unit no. 134 (432 Sq. Mtr.), 135 (614 Sq. Mtr.), 138 (432 Sq. Mtr.), 139 (614 Sq. Mtr.), 141A (500 Sq. Mtr.) & 1418 (473 sq. mtr.), SDF-V were granted LOA no. SEEPZ-SEZ/IA-1/NUS/ APL/GJ/03/2015-16/9343 dt. 15.06.20 15 as amended for manufacture and export of Plain & Studded Jewellery made of Gold, Silver, Platinum & Palladium. The u nit commenced their activity w.e.f. 25.04.2016, hence the validity of the LOA is upto 24.04.2021.

ufacture and export of Plain & Studded Jewellery made of Gold, Silver, Platinum & Palladium. The u nit commenced their activity w.e.f. 25.04.2016, hence the validity of the LOA is upto 24.04.2021.

• ... 6 ... M/s. Hari Krishna Exports Pvt. Ltd. in their letter dt. 04.02.2021 had requested to start an independent manufacturing unit for lab grown diamond jewellery from unit no. 141 A & 141 B, SDF-V in the name ofM/s. Craft Labgrown Diamonds (P) Ltd. Mjs. Hari Krishna Exports Pvt. Ltd. has mentioned that on granting LOA in the name of M J s. Craft Diamonds, they wish to delete the location of unit no. 141 A & B from their existing LOA dt. 25.04.2016. However, there would be no change in the existing projections and no capital will be withdrawn from their existing firm. M/s. Craft Labgrown Diamonds Pvt. Ltd. has also mentioned that they have received the name approval from Ministry of Corporate Affairs and they have also paid the registration fees. The MCA will issue Certificate of Incorporation and Pan Card within 2 days. The proposal of the applicant viz. M/s. Craft Labgrown Diamonds (P) Ltd. is in view to integrate business needs with the marketing vision to manufacture lab grown diamond jewellery which is more in demand. Apart from the regular customs they have enlisted new customers, reputed wholesale outlets in Western markets who are willing to deal with the firm in substantial quantity and they are getting orders for the said jewellery. The proposal of Mjs.

d new customers, reputed wholesale outlets in Western markets who are willing to deal with the firm in substantial quantity and they are getting orders for the said jewellery. The proposal of Mjs. Craft Labgrown Diamonds (P) Ltd for setting up Unit for Lab Grown Diamonds Jewellery as mentioned in the proposal in Form Fin unit no. 141 A & 141 8 is placed before the Approval Committee. On approval of the new proposal, the said Unit (141 A & B) will be deleted from the LOA no SEEPZ- SEZ/IA-1/NUS/APL/GJ/03/2015-16/9343 dt. 15.06.2015 of M/s. Hari Krishna Exports Pvt. Ltd and allotment and possession will be granted in the new name.

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CRAfT lABGRO\iN DIAMONDS PVTI LTD (A-301,Sahnkheshwar Tower CHSL, Sudhapark, Shantipath, Ghatkopar (E),Mumbai-400077) To 17.02.2021 The Development Commissioner SEEPZ- SEZ, Andheri (East), Mumbai 400 096 Respected Sir, Sub : Setting up new Project for Lab Grown Diamonds Jewellery. With reference to above subject and our application dated 41h February' 2021 for setting up new project for Lab grown diamonds studded jewellery. We would like to inform you that following will be promoter of the company. The promoter will remain same. Hari Krishna Exports Pvt Ltd (Seepz % Unit) (Directors & Share Holders) Shri Savjibhai Dhanjibhai Dholakia 28.06 Shri Ghanshyambhai D. Dholakia 24.30 Shri Himmatbhai D Dholakia 19.11 Shri Tulsibhai D. Dholakia 23.69 Shri Hasmukhbhai T. Dholakia 1.93 Shri Nareshbhai Lunagariya 2.91 This is for your information. Thanking You, Yours Faithfully.

Himmatbhai D Dholakia 19.11 Shri Tulsibhai D. Dholakia 23.69 Shri Hasmukhbhai T. Dholakia 1.93 Shri Nareshbhai Lunagariya 2.91 This is for your information. Thanking You, Yours Faithfully. For Craft Labgrown Diamonds Pvt. Ltd. ~d Signatory. M/s Craft Labgrown Diamonds Pvt. Ltd. (Directors) Shri Savjibhai D. Dholakia Shri Ghanshyambhai D. Dholakia Shri Himmatbhai Dholakia Shri Tulsibhai Dholakia Shri Hasmukhbhai T Dholakia Shri Naresh Lunagariya Shri Parag A Shah Shri Hitarth Ghanshyambhai Dholakia 1 · . . . . ·~i. .. t ,I . j •' % 20% 20% 18% 18% 18% 2% 2% 2%

• Unit No Hari Krishna Exports Pvt. Ltd. (Seepz Unit) To Joint Development Commissioner, Seepz Sez, Mumbai - 400096. Respected Sir, \ fh February, 2021 Sub: Establishing new jewellery (Lab Grown) manufacturing facilities in Seepz Ref: LOP No.SEEPZ-SEZ/IA-1/NUS/GJ/03/2015-16/9343 dated 15.6.2015 as amended, We request a reference to our letters dated the Ph December, 2020 and 7th January, 2021. 2. As stated in the above mentioned letters, we are manufacturing and exporting Real Diamond Jewellery from SEEPZ. We now want to start an independent manufacturing unit for Lab Grown Diamond jewellery in Seepz. A separate and independent unit is a must to keep the manufacturing activity in real diamond jewellery and lab grown diamond jewellery distinct and to avoid any misunderstanding in the minds of the prospective customers. 3. Considering urgency, present market situation and customer pressures, our promoters have formed a new company in the name of M/S.

any misunderstanding in the minds of the prospective customers. 3. Considering urgency, present market situation and customer pressures, our promoters have formed a new company in the name of M/S. CRAFT LABGROWN DIAMONDS PVT. LTD to manufacture and export Lab Grown Diamond Jewellery from Unit No.141A and 141B. These both units are already allotted to us. We request you to kindly withdraw allotment of these two units from our LOP subject to their allotment in favour of the new firm M/s. CRAFT DIAMONDS. The list of Directors of M/s Hari Krishna Exports Pvt Ltd and M/s Craft Diamonds are as follow Hari Krishna Exports Pvt Ltd (Seepz % M/s Craft Labgrown Diamonds Pvt. Ltd. % Unit) (Directors & Share Holders) (Directors) Shri Savjibhai Dhanjibhai Dholakia 28.06 Shri Savjibhai D. Dholakia 20% Shri Ghanshyambhai D. Dholakia 24.30 Shri Ghanshyambhai D. Dholakia 20% Shri Himmatbhai D Dholakia 19.11 Shri Himmatbhai Dholakia 18% Shri Tulsibhai D. Dholakia 23.69 Shri Tulsibhai Dholakia 18% Shri Hasmukhbhai T. Dholakia 1.93 Shri Hasmukhbhai T Dholakia 18% Shri Nareshbhai Lunagariya 2.91 Shri Naresh Lunagariya 2% Shri Parag A Shah 2% Shri Hitarth Ghanshyambhai Dholakia 2% t6 v' &'~ 01~ v ~- ...-.. rw ~ fl' /'"'"' ~ •((),_, c~ {./ r .tJM ~ ';z,"":.- "'{ , ~ ~ ~ ~ ., ~ ( ~ · \ 1 7 FER ·wl1 ) f . 138 · 139, SDF - , SEEPZ-SEZ Andheri East Mumbai-400 09 I ), CIN: U3691 2MH2012PTC227014 FOREVER MA RK SIGHTHOLDER <>

.tJM ~ ';z,"":.- "'{ , ~ ~ ~ ~ ., ~ ( ~ · \ 1 7 FER ·wl1 ) f . 138 · 139, SDF - , SEEPZ-SEZ Andheri East Mumbai-400 09 I ), CIN: U3691 2MH2012PTC227014 FOREVER MA RK SIGHTHOLDER <>

Hari Krishna Exports Pvt. Ltd. (Seepz Unit) • 4. In th1s regard, we may mention that the projections of M/s. Hari Krishna Exports Pvt. Ltd. will remain unchanged and no capital will be withdrawn. Thanking You, Yours Faithfully For Harl Krishna Exports Pvt. Ltd. (;~ ~:sed Signatory . Unit No. 138 13 , SDF- V, SEEPZ-SEZ, And hen (East), Mumbai-400 096 INDIA. CIN: U36912MH2012PTC227014 @HK SIGHTHOLDER ~ Dominion ~ Dla111011d MlltM I I FOREVER M ARK A v • • .. t !:'»t'"'Wt..... .. t"''~tNO.....,""'-- I S..n~..-..... ~,Qe"""' .. II•'I".~~Uil.,..\riiMr ~ f"ldtl'll!'\oi~~-UMbJI'W\C~~~~,. ,Jet P•AIIItv..t...L-''o(lto••-

• .:.-il)l, ShMnkheshwar Tower C H S ltd, 5udha Park,Shanti Path Ghatkopar East, , Mumbai 400077 4:h February, 2021 To joint Ot!velopment Commissioner, Seepz ~ez, Mumbai- 400096. Respected Sir, Sub: Establishing new jewellery (Lab Gro·. 11) manufacturing facilities in Seepz With reference to abov:· w~ are a p:·ivav ·imited company having business in pre• "ot..;, industry Ti •. · promoters are havinr: gc.:>d experience in jc:•el!ery field for more than 30 years.

Seepz With reference to abov:· w~ are a p:·ivav ·imited company having business in pre• "ot..;, industry Ti •. · promoters are havinr: gc.:>d experience in jc:•el!ery field for more than 30 years. :11~ f.:m is establisr !d t'.: start n~w business f.··· r".:dnufacturing and "<porting of Lab Grown Diamonds je"' ·,~~- -~=-l· The said activit'· needs completely separ<1~e set up and · ew LctJry as per international practice and O'.:r tuyers require · ;1enL This also will help us t::; :1ave proper ac·~ountirH~, ·7\0nitoring and various international..:~..l•t points of view. Since we wanted to start our business immediately for the said proc..luct, we would like to start our operation from Unit No 141 A and 141 8 admeasuring 10469.48 Sq. ft. Preseully the said premises is in the name of our group company M/s. Hari Krishna Exp•Jrt Pvt. Ltd. We will be grateful to you, If you allow to delete th: said umts from their letter 1f Ap!lroval and allot us to start our operation immediately. We Gssure you to have goud business anc: submit the detailed proposal shortly. We hopt this will satisfy to you: r ~l; uirement and r·~quest you to please grant us letter of permissio:1 along witr allotment letter to enable us to start the p:-c;ect at the earliest. Thanking You, Yours Faithfully. f-or CRAFT LABGROWN JIAMONDS PVT. LTD I J<, ,, I/'/ J (Mr. Parag Shah) Director ' "' . ' ' .. 1 5 F: a ··, ~ .. -- ..... -- . ,..... .... :.. .. "': '-' :. . : ~:: .. · I , \ f I -·· ·- . \ =: : ,i .• ) ( ·. / \ ·- -·- 1. _..,.. '

arag Shah) Director ' "' . ' ' .. 1 5 F: a ··, ~ .. -- ..... -- . ,..... .... :.. .. "': '-' :. . : ~:: .. · I , \ f I -·· ·- . \ =: : ,i .• ) ( ·. / \ ·- -·- 1. _..,.. '

FORM-F CONSOLIDATED APPLICA':'ION FORi'<! for- (S I 17) ee rue --l Settmg up •:: f uruts in Spec1al Econorruc Zone 'I 2 Annual permiSSIOn for sub-contracnng 3 Allotment -,f Importer Exporter Code Number; 4 Allotment f land/industnal sheds III the Special EconomiC Zone 5 Water Connecnon 6 Registration-cum-Membership Certificate 1 Small Scale Industries Registranon 8 Reg1strauo:: with Central Pollution Control Board 9 Power connecuon 10 Buildmg approval plan II Sales Tax registration 12 Approval from Inspectorate of factories

13 Poilu non control clearance, wherever requrred

14 Any other approval as may be requrred from the S te Government I The appliClhon should be submitted to the Develcpt'l;nt (O.Jmmissioner of the concerned Spec1al EconomiC Zone m 5 copies all 1-;-;-wit,--;-- crossed Demand Draft of rupees fiv:- thousand dl' 1-r,, in fa.-::>ur of The Pay & Accounts Officer of the concerned ~;:>ec1al Econom1r.; .h';! I together •mth a proJect report g;•.'ing details of ac:ivin<!~ ,_,reposed. ··--- -··. . - --· For Ollic1al Use onlr

·--- Application No. : ·---

Date : Details of Bank Draft Amount :

Draft No. : . Draft date :

--· Drawn on : Name of the Bank I Payable at :

I PART -1

L Name ar.d :ull address of aiJplican: !irm/ company (i•. M/ S CRAFT LABGROWN DIAMONDS PVT. LT:'l.

No. : . Draft date :

--· Drawn on : Name of the Bank I Payable at :

I PART -1

L Name ar.d :ull address of aiJplican: !irm/ company (i•. M/ S CRAFT LABGROWN DIAMONDS PVT. LT:'l. block letters) (Re91stered Office III case of limited UmtNo.I41A& 14JB, company & Head Office for others) SDF • V, SEEPZ • SEZ, Andheri ( East ) Mumbai 400 096. Maharashrra. PmCode 400096

.. ·---- Tel. No. 022·671 o I :. 16 Fax No. 022-67161616 . - . -

Permanent E-Mail Address ~:ri!Mii!tr-Jnd~!;Q@gmall. com Web-Stte, tf any www diamondbyhk.coom Passport N•J., :f any

Name of Bank wuh Address & Acmunt No STATE BANK OF fNDIA. DIAMOND BRANCH, BANDR.' (EAST), MUMBAI-400 051 CA No. 1106367132 D!gual Signarure Income rn ?A.'I (attach copy) I l u. 1Con3:1:ut1c 1 'Jf :he 1ppi1cant fir::~ (Tick(\ ) the LPubhc Ltm1ted Ccm~any I appropna: l entry] Pnvate L1m1ted Companv I ~ I I ; Par:::~ership I l?rcpnetcr ship I !Others :please spcct!:;) I I jr.\r·a.;: ;:jc·t ci Ccra t:..; :-t ~C ~i [:.ccrpor::t:tcn a:ong ·.vu!l kuc:es ~t Assoctt.:tcn a:td i'fi~m~r~ndum of A.>SOI";Ll:tcn 1n c.1sa cz comp.::tntes and I 1.:- 1 ·:.\ .1~ .. c·~ .: 1 ... .J i·~ h ~·1 -'" .... c:.il-.. ::. ~.::rl.:i 1 .. • ._ .. ~ ... ...

s ~t Assoctt.:tcn a:td i'fi~m~r~ndum of A.>SOI";Ll:tcn 1n c.1sa cz comp.::tntes and I 1.:- 1 ·:.\ .1~ .. c·~ .: 1 ... .J i·~ h ~·1 -'" .... c:.il-.. ::. ~.::rl.:i 1 .. • ._ .. ~ ... ...

•r 1.d .• :.arge s~alc Nall.:re o f :.1e :ndusrr:al uncertalur.g Medium 3::ale v . Small scale I IV. Name and c:omplete address oi each of the Directors/ Partners/Proprietor, as the case may be Wlth Telephone numbers Name I I Address REFER ANNEXURE -I ATTACHED Telep!loene No. I v ITE;'-1! IS) OF' MANUFACTURE/ SERVICE ACT!Vl'l":' Capac1ty (Unit = Pes) (lncludmg By-product/Co-products) (If necessary, (Not requ1red for sel"V!ce unu) addmonal sheets may be attached) ltem(s) Description !tern code ( fTC HS code No.) I. Pla:n I Studded Gold Jewellery srudded ·mth I..abgrown Diamonds, PS & SP 3.50.000 Pes 71131990 Stones, CZ & Combmauon thereof & Glass Lense. 2. P!am I Studded Stlver Jewellery studded With Labq, J\vn Diamonds, PS & SP 1 50.000 Pes 7'131'20 Stones, CZ & Combmanon thereof & Glass Len! 3. Plam I Studded ?!annum Jewellery srudded wit' L? bg :>wn D1amonds, PS & SP 50.000 Pes 7'131950 Stones, CZ. & Combmanon thereof & Glass Lense. ·- . --- ·-·---- I 4. Plam .' Srudded Palladium J::. wel.tery studdec WI :h :., vgrown Diamonds, PS & SP 10.000 Pes 71131131' Stones, CZ & Combination tl·:reof & Glass Len;e.

• :--

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5. Plam I Studded Bras~ 1 • . ~ .~I ery studded mt" Labr.":.own Dtamonds, P$ & SP 10,000 Pes 711390"J Stones, CZ. & CombmaUN: thereof & Glass Le , ;e. --
6. Plam I Studded Titaniurr.

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5. Plam I Studded Bras~ 1 • . ~ .~I ery studded mt" Labr.":.own Dtamonds, P$ & SP 10,000 Pes 711390"J Stones, CZ. & CombmaUN: thereof & Glass Le , ;e. --
6. Plam I Studded Titaniurr. Jewellery studded mth L?.bqr•,·>m Diamonds, PS & SP 5,000 Pes 71131130 Stones, CZ & Combmauon theraof & Glass Lense. VI. INVESTMENT (a). Plant and r.Iaclunery (RS. IN LAKHS) (i) Indigenous 150.00 Lakhs u)lmport CIF value 230.00 Lak:~~ ni) Total · i) - (ii) 380.00 Lakhs I (b) I Deta:ls ~f source(sl of finance !ntermal Accurals 1,030.00 Lakhs Bank!oan

Lakhs Vll. Import and indigenous •sq ru e;.lenl of Value in Rupet'~(lal<hs) matenals , nd other inputs. e·-:. lmp-:rt Indigenous('•) -eta (a) Capital Goods 230.00 150.00 380.00 (b) Raw material, components, 38,789.34 2,651.07 41,440.41 consumables, packlllg material, fuel etc. for 5 vt-us. (Give detatls in project report, .•.:mely , list of Capital Goods, descriptivn of raw materials, and other inputs, etc.). TarAL ... 39,019.34 2,801.07 41,820.41 (")value mc!udes furrurure , fix:ures a:;1 other fl.xed assests Vlll. INFRASTRUCTURE REQUIREMENTS 1 Requirement of land

I (i) Fac:ory !< offices 973 Sq. mtrs , , (n) .V.uehousmg/storage

I (u!) C::Cers, spectfy I . I 2 R<?Cflll•er" . .c!1: ~i bn!lr-up uea -Area m s~ meters. i 973 sq. mtrs- mmimum :04 70 sq. ft! I I 3 Reql.!!re:-::f'r· ::i Water I .:-.Kilo ;,nersll uFor nc!'..i ;r:ta! process) purposes I I fitl For lnakmg purposes I !.31 Ill, ':: t h~t'J.S~eC!!f I .01 ... _ ,, - . , . ~....,"'..,.

3 Reql.!!re:-::f'r· ::i Water I .:-.Kilo ;,nersll uFor nc!'..i ;r:ta! process) purposes I I fitl For lnakmg purposes I !.31 Ill, ':: t h~t'J.S~eC!!f I .01 ... _ ,, - . , . ~....,"'..,. --~-.: •• ql.!.! .. _ .. - .. ______________ _

=:::it.Jr:: .. ,at:;te:u

5 IX. X. (ii) 2 • 3 XI I ' 2 3 I Oua:num and nature of effluents ar.d mode oi dtsposal \ Speclfy 'Nhether own Effluent Trea:mem Plant •mil be created I Yes Reqturement oi Power (in KVA) I 600KV.1. E:vtPLCYM'2NT I Exlsung Proposed Total i Men

110 110 I Women

40 40J I Total ISO ISO WHETHER FOREIGN TECHNOLOGY AGREEMENT IS Ei1iVISAGED Yes No. -: (Tick ( " the appropriate entry) (i) Name and Full Address of foreign collaborator NA (u) Nature of Collaborauon NA $ m Thousand Rs. In lakhs I. Eqwry Parnopauon mcludmg Foretgn lnvest~en. E:.tsung Proposed Existing Proposed 1 (i'• ( a: Authorized

100.00 1,000.00_1_ ·-

(b) >ubscnbed

5.00 1,000.00 ·-· ·- ·----·- (· . Paid-up Capual

5.Cl -,_} __ I

Note: If 1: :san e:asnng Com;.any, gtve the brPak ur ~~ e:-:1sung and proposed capttal srrucrure

-- ·-- Panern of share holdir.g m i!.t: paid-up cap it.• (Amt !lntm Rupees) (Rs. ill :~!t-) Stn The" and --- -· (a) Fe. :etgn holding Nil

--

• ·- (b) Non Resi<h:·;.

posed capttal srrucrure

-- ·-- Panern of share holdir.g m i!.t: paid-up cap it.• (Amt !lntm Rupees) (Rs. ill :~!t-) Stn The" and --- -· (a) Fe. :etgn holding Nil

--

• ·- (b) Non Resi<h:·;. lcdian Company I Individu~l t.olding 7:.00

(a) Repatriable Nil

(b) Non-repatriable Nil

(c) Resident holding 5.00

(d) Total Equity Nil (e) External commercial BorroWlllg N:l

{gtve details)

Techn:cal :ollaborauon (furmsh details m proJect re·'ort) i (•';ross of Taxes) (a) Lump ~urn paymem Nil

(b) Destgr & Drawmg fee Nil . (c) Paymemto foretgn techructan Nil (d) Royalty (on exports} Nil (e) Royalt} {(on domestic tariff area sales Lf envisaged) Nil (f) Durauon of agreement NA ( Nun~ber of years~ l Markeung collaborauon (furnish detatls in project report) I NA

lsr 2nd 3rd 4th s"" Total Total Rs. In lakh.:l (5 yrs) ( 5 yrs) Foretgn Exchange Balance sheot $ m Thousand (USS= Rs.72.50/- FOB ·n!ue Jf exports :n first five years 7.500.00 9,000.00 !O,BOO.CO i2,960.00 15,552.0; 55,8!2.00 76,983.07 5.507.50 6,539.00 7.916.80 I 9,369.16 11,237.99 40,170..!5 55.82!.31 I 1(*\ Fore:gn Exchange outgo on for the fust fi·;e years I I l I ~let Fcre:gn Exchange earnings ?cr :he 1,992.50 I z.o~a 1.00 1 2.383.20 I 3,590.8-lj 4,3 :-I 01 : 5.3-l 1.55 21,!60.761 :::st fi·;e ye us 1 1) · 2' I I I i • Fore;~: c::cha::-.gc :;u:c;c 3ha:! :::ciu:!e :!1c CiF value :;f !mpcr: cr ma:ht::-.ery n·.v ~a:enal, compcne::-.ts, ;or.su:r.ab:es. :;;:ar~s.

21,!60.761 :::st fi·;e ye us 1 1) · 2' I I I i • Fore;~: c::cha::-.gc :;u:c;c 3ha:! :::ciu:!e :!1c CiF value :;f !mpcr: cr ma:ht::-.ery n·.v ~a:enal, compcne::-.ts, ;or.su:r.ab:es. :;;:ar~s. ;:ack:.-.g~ :nate~ta.s a.1d amcunt oi repatr:auon ~f c!t'lldends and profits. r-:y~.t: .• urn;: s!lm :<now how fee, destgn and d~amng iee. payment;;[ icre1gn :c·:hn:cta:-.•. payment :m rra::~mg of bdtan techmcta:~s ai::road, co:n~tsston :m e;cport. •nterest on externa! commer::a: borro·.vm~;. tmetest t;; .:!~f :-~" ! pa.r:ne:;t :rcdlt anc! a:-.y o·~er payments. I , ..... :. . ... ...

• .. ~ .... .

I ' t, :Whether the appilcant has been issuec any :ndusmal license or LO!r LOA unde= EOU,SEZlS'l'PrEHTP scheme. If so, g1ve fu!! pa:-ticulars. namely referenr.~ n•lmber. date -,{ tss •. e ttems of manufacture and progress : I implementation of each proJect. (i•) WhP.rhPr • .,, ~rphr-~nt nr ~ny of t!Jf' p:o.rtt1.<>r/D1rector who are also Drrectors ,f another company or flrrns Its assoc:ate concerns are bemg pr•Oc•ee•de·dl agamst or have been debarred from getting any License/ Letter of Intent/ Perm1ss1on under Foretgn Trade (Development and Regulaticn) Act, Exchange Management Act, 1999 or Customs Act, 1962 or Central Exc1se 1944. Place ·Murnba1 Date -20.05.2015 Offictal Selli Stamp UNDERTAKING No :-lo ltWe hereby declare that the <'hove statements are true and correct to the best of my/our knowledge and belief. VWe shall ab1de by any other condl!lon, wh1ch may : 3 supulated by the Deve lopment Comm1ss1oner.

declare that the <'hove statements are true and correct to the best of my/our knowledge and belief. VWe shall ab1de by any other condl!lon, wh1ch may : 3 supulated by the Deve lopment Comm1ss1oner. 1/We fully understand th.l! any PermtSS\On Letter/Approval granted to me/us on the basts of the statement r ... rnished 1s liable to cancellauon or any other acuon that may be taken haVIug regard to the ctr-::.t::nstar:ces of !he case ti H ts found that any of ·he statements :r facts !herem furnished are incorrect or false. An a.!!ida;r.t duly sworn m ~upport of the above m:ormanon is enclosed. ;\Ji e,a;t biu!f•OIIJI. flia ... :md.:. P\1~ ~hi.. Place :Mu-nba1 ~ <.. ~ I v Signat re of the Applicant ~; ~ \ ~,..'r/ "' .. ·---- ·-- Date -20.05.2015 Name :\Block Letttc> Mr. Parag A. Shah ·-· ·- · Desirrnation Drrector ..

Offk .<II Full Offic1'11 address Urut No.l41A & I <11 B, ~r F- V, SEEPZ - SJ:Z. Andheri I East), Mumbat 400 096. Maharashtra. Tel. No. 022-67161616 e-mali Address craftdiarnondsco@gmail.com Cff1c1ai Se.1l/ Stamp Web-Sue 'IIWW.diamondbyhk,cor. -n Full Res1den11al address A-30 I, Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path, Ghatkopar East,, :vrumba1 400071. Maharashtra '!'e!. No n;:z.;F1616L6 I ., . - .. . - r.o.e . orrn,s of •ppl:cauon not ;.ven nere.:-. ;na•; ce obtat:ted !:-om the Ce .elopmen, vom:mss:oner . ?AR':' -ll N .• l.. !S~:b-:c n::qc~:ng permtsston 1s reqo.1:red for- • '· ?1.:: o: ·:-.e production precess •qo.Janaiy) I b' ~r.:· ;::a. ::c.1lar produ-::~1on pmcess ·,'ll'te C::e•J:1s 1

:oner . ?AR':' -ll N .• l.. !S~:b-:c n::qc~:ng permtsston 1s reqo.1:red for- • '· ?1.:: o: ·:-.e production precess •qo.Janaiy) I b' ~r.:· ;::a. ::c.1lar produ-::~1on pmcess ·,'ll'te C::e•J:1s 1

Name anc address and other parnculars of sub- contractor and whether the Sub- cont=actors IS :-.J.A. (a) Domesnc Tariff Area umL· Central Exc1se registered or other 'N!Se 11. (b) O·her Spectal Economic Zone unu

(c) Export On.,nled umt or Elecrromc nardware Technology Park urut or Software Technology Park urut -, i }5;r Crar. La~gro~m D!:;;.::ilds ?v-: _ L r~ . ' t\ ..,

CRAFT LAB6ROWN DIAMONDS PVT~LTD~ A-301, Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East,, Mumbai 400077 List of Directors Sr. No. Name of Partner I Gaurantor Address 11th Floor, Riverwind, 1 Shri Savjibhai Dhanjibhai Dholakia Residency, opp. Rajlaxmi Bunglow, Pi plod, Surat- 395007 Flat no.62-6, Mont Blanc 2 Shri Ghanshyambhai Dhanjibhai Bldg, Dadyseth Hill, 572, Dholakia August Kranti Marg, Mumbai -400036 A-301 , Shankheshwar Tower 3 Shri Parag A. Shah C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East, , Mumbai 400077 1801 - ,Raheja Atlanties,Ganpat Rao Kadam 4 Shari Hasmukh Thakarshibhai Dholakia Marg,shree Ram Milk Compund, worli ,Lower Pare! West- 400013 1Oth Floor, Riverwind, 5 Shri Himmatbhai Dhanjibhai Dholakia Residency, opp. Rajlaxmi Bunglow, Piplod, Surat- 395007 • 4th Floor, Riverwind, 6 Shri Tulsibhai Dhanjibhai Dholakia Residency, opp.

h Floor, Riverwind, 5 Shri Himmatbhai Dhanjibhai Dholakia Residency, opp. Rajlaxmi Bunglow, Piplod, Surat- 395007 • 4th Floor, Riverwind, 6 Shri Tulsibhai Dhanjibhai Dholakia Residency, opp. Rajlaxmi Bunglow, Piplod, Surat- 395007 89, Hari Hari Society, 7 Shri Nareshbhai Lunagaria Katargram, Surat, Gujarat - 395004 Flat no.62-6, Mont Blanc 8 Shri Hitarth Ghanshyambhai Dholakia Bldg, Dadyseth Hi! I, 572, August Kranti Marg, Mumbai -400036 For Craft Labgrown Diamilnds ~vt. ltd.

CRAFT LABGROWN DIAMONDS PRIVATE LIMITED COST OF PROJECT AND MEANS OF FINANCE Figures in Rs. Lacs SI.No. Particulars Amount 1 1 L~c:~:>e hoid improvern~nt 150.00 2 Plant & Machinery Imported 230.00 lndigeneous 150.00 380.00 3 Furniture & fixtures 100.00 4 Electrical Fittings 75.0(' 5 Other Assets & security 75.00 6 Net Working Capital 250.00 Total Cost ... 1,030.00 MEANS OF FINANCE 1 Promoters Contribution 1,030.0(' J i Total ...

1 1,030.02J

-- •

75.0(' 5 Other Assets & security 75.00 6 Net Working Capital 250.00 Total Cost ... 1,030.00 MEANS OF FINANCE 1 Promoters Contribution 1,030.0(' J i Total ...

1 1,030.02J

-- •

---

Cl!dt:'f'.B.' LlHJGROWN DIAMONDS PRIVATE LIMITED

---

• -· . FORM- F

---

CONSOLIDATED APPLICATION FORM

(See rule 17) XI tOIH:IGN EXCHANGE BALANCE SHEET

Rs. In Lakhs

1st Year 2nd Year 3rd Year 4th Year 5th Year

• -1 I Ol:l value of exports in first five years 7,500.00 9,000.00 10,800.00 12,960.00 15,552.00

---

2 (*)Foreign Exchange outgo on for the first five years (i) Cll· value of Import of machinery 100 00 50.00 3~~. 25.00 25.00

I (II) lrnport of raw materials, components, 4,725.00 5,670.00 6,804.00 8,~64.80 9,797.76 lrnport of re m<.~kmg Jnd remanufact~~--i

(iii) 375.00 450.00 540.00 648.00 777.60 unused/used , new, broken jewellery goods (1v) Import of Spares and consumbales 112.50 135.00 162.00 194.40 233.28

(v) HL!pJtrialion of dividends and

·- p1 of1ts to toreign collaborators I

--

(v1) !loyalty I

(v11) Lump sum know how fee ---- ' -- - -----:---

(v1ii) Design and drawing fee

(1x) P<Jyment of foreign technicians

(x) l'ay1nent on training of Indian technicians abro<Jd

(xi) Commission on export /discount.mkting exps etc.

esign and drawing fee

(1x) P<Jyment of foreign technicians

(x) l'ay1nent on training of Indian technicians abro<Jd

(xi) Commission on export /discount.mkting exps etc. 75.00 90.00 108.00 129.60 155.52 (x1i) r orelgn rr<:~ve l 7.50 9.00 10.80 12.96 15.55 (XIII) /\mount of interest to be paid on

--- -external commercial borrowings (;..1v) Alllount of interest to be puid on

-- defC'rrPd payment cred1t

(xv) Any Other Payment 112.50 135.00 162.00 194.40 233.28 f-ore1gn !:lank charges, E:x1bibition, export promotion exps etc

(~p l'Cify details) 7,816.~01

"j Total (I) to ( xiv) 5,5C7 50 6,539.00 q,369.16 11,237.99

Net I 01 e1gn exchange earnings -------t· 1,992.5C 2,461.00 2,983.20 3,590.84 4,314.01

for rile fi rst in f1ve years {1-3) Total i.2...Y.GJ {Rs in lakhs} 55,812.00 230.00 35,161.56 2,790.60 837.18

558.12 55.81

837.18 40,470.45 15,341.55 ~ '' I ' I I' , Annexure lUS$ = Rs.72.50 Total i.2...Y.GJ in US "000) 76,982.07 317.24 48,498.70 3,849.10

1,154./3

769.82 76.98

1,154.73 55,821.31 21,160.76

15,341.55 ~ '' I ' I I' , Annexure lUS$ = Rs.72.50 Total i.2...Y.GJ in US "000) 76,982.07 317.24 48,498.70 3,849.10

1,154./3

769.82 76.98

1,154.73 55,821.31 21,160.76

-- CHAFf lABGilOWN DIAMONDS PRIVATE liMITED

l't<OJECI ED PROFIT & LOSS ACCOUNTS Figures in Rs Lacs Particulars 1st year 2nd year 3rd Year 4th Year 5th year TOTAL REVENUE FROM OPERATIONS: (a) FOB Value of Export 7,500.00 9,000.00 10,800.00 12,960.00 15,552.00 55,812.00 (<.) Other income

TOTAL (I} 7,500.00 9,000.00 10,800.00 12,960.00 15,552.00 55,812.00

EXPENSES: Cost of Materials Consumed 5,475.00 6,570.00 7,884.00 9,460.80 11,352.96 40,742.76 Purcha~e of Stock-in-Trade 93.75 112.50 ·• 3S.OO 162.00 194.40 Ei97.65 ·- -·- · Salary & Wages & employee benefit [xps LG2.50 324.00

L;.2': 479.52 583.20 2,043.42

• ·- Other fxpenses 1,050.00 1,170.00 1,2 ~ 6.00 1,425.60 1,555.20 6,496.80 TOTAL (II} 6,881.25 8,176.50 9,709.20 11,527.92 13,685.76 49,980.63

PROFIT BEFORE INTEREST, TAX, DEPR::: : IATION 618.'5 823.50 1,090.80 I ..:.,432.08 1,866.24 5,831.37 /\NO AMORTIZATION (EBITDA) (I) - (II)

-- ··r· I

l I ! Finance Costs

Depreciation & Amortization 126.39 117.12 103.63 89.98 79.42 516.55 PROFIT BEFORE TAX 492.36 706.38 987.17 1,342.10 1,786.82 5,314.82 PI3T% of Sales 6.56 7.85 9.14 10.36 11.49 9.52

CRAFT LABGROWN DIAMONDSPVT. LTD. PROJET REPORT FOR SETTING UP A SEZ UNIT IN SEEPZ SEZ

---

6 706.38 987.17 1,342.10 1,786.82 5,314.82 PI3T% of Sales 6.56 7.85 9.14 10.36 11.49 9.52

CRAFT LABGROWN DIAMONDSPVT. LTD. PROJET REPORT FOR SETTING UP A SEZ UNIT IN SEEPZ SEZ

---

M/s. CRAFT LABGROWN DIAMONDS PVT. LTD. a Private Limited Company, established for launching Lab Grown Diamond Studded Jewellery in international market is promoted by a well reputed diamond group which is in import of rough diamonds and manufacture and export of cut and polished diamonds as well as real diamond jewelry. Over the years, the Company has grown from strength to strength and has its presence all over the world. Shri. Savjibhai D. Dholakia, one of the main Promoter, has experience of more than 37 years in this line of activity. Besides overall guidance and superintendence, he looks after procurement I purchase of rough diamonds from Overseas centers. He is assisted by second generation of family members Shri. Himmatbhai Dholakia, Shri Tulsibhai Dholakia and in the manufacturing I processing of polished diamonds and overall administration. Shri. Ghanshyambhai D. Dholakia, has experience of more than 35 years in this line of activity. He looks after overall operations including marketing, promotional measures, social welfare and finance. He is ably assisted by Shri Hasmukhbhai T Dholakia, Shri Naresh Lunagariya & Shri. Hitarth Ghanshyambhai Dholakia, in sales of diamond, finance and other operations of Diamond and Diamond studded Jewellery. Shri.

ted by Shri Hasmukhbhai T Dholakia, Shri Naresh Lunagariya & Shri. Hitarth Ghanshyambhai Dholakia, in sales of diamond, finance and other operations of Diamond and Diamond studded Jewellery. Shri. Parag Anantrai Shah, one of the young and dynamic promoter, has more than 22 years of good experience in Jewellery manufacturing, setting up of new projects, product development, marketing, sales, innovation in new technologies etc. Apart from export business, he looks after overall manufacturing and marketing of jewelry in domestic market including KISNA brand. All the main promotors have very impressive track record of commercial success and are pioneers in the diamond trade, branded jewellery, laser technology and organized retail business. The promoters have a vast business network across the globe. The promoters also have an outstanding reputation for business acumen, fair dealings, banking and regulatory discipline. In addition to this, senior professionals manage all group companies with operational autonomy. Page 2

utstanding reputation for business acumen, fair dealings, banking and regulatory discipline. In addition to this, senior professionals manage all group companies with operational autonomy. Page 2

With a view to integrate the business needs with its marketing vision the Promotorshave formed M/s. Craft Labgrown Diamonds Pvt. Ltd., to start manufacturing of Lab Grown Diamond Jewellery which is an emerging growth area. Growing change in consumer preference in the international market and growing demand for Lab grown diamond made Jewellery,made us to move fast. Considering the product and present practice in international market of keeping clear segregation in real and lab grown diamonds jewellerypromotors, decided to start a new company for this activity. · Clb grown diamonds are more :.:·· !css identic.ll to their natural counterparts tho...:?h<:hey ar c~ ~rown in a lab from a diamond _,eed under control! _·!~ atmosphere of scientific lab. :·dural c::dmonds on the other hand get forrr.ed under the rTi:Jther earth and the process takes rr jny years and then those are mined and used as natural diamonds. Diamonds are made up almost entirely of pure carbon. That's why both lab diamonds and mined diamonds have the same physical properties. Value wis·:: the Lab created diamonds are priced at abo·1t 20- 35% cheaper than diamonds mined from earth and are therefore gaining in its market sharr Therefore and in order to meet the c:>ove growing demand,it is proposed to set up a sep . ..

ed at abo·1t 20- 35% cheaper than diamonds mined from earth and are therefore gaining in its market sharr Therefore and in order to meet the c:>ove growing demand,it is proposed to set up a sep . .. ate Lab grown diamond jewellery n :d:lUfdcturing unit :n SEEPZ-SEZ in a built up area Ji Appx. 10,000 Sq. ft. and earn foreign currency for the country.

The products proposed to be manufactured are Lab Growr. Diamond Studded Jewellery made of Gold, Silver, Brass,Titanium, Platinum and Palladium and combination thereof, such as rings, pendants, bracelets, necklace and otheritems. The Manufacturing processes in brief are as follows;- First, the master piece is made from the sample of the Jewellery or as per photograph. The material used is generally silver or copper. The master piece is kept between two rubber sheets like a sandwich and placed in vulcaniser. Vulcaniser creates rubber mould from master pie c~ placed inside. Such rubber moulds are made design wise. The said rubber mould will b, permanently use whenever the said design je,vellery need to cast. fhe said rubber mould than will te ready to us€' tv (.-eate wax pieces. The wax will be filled in rubber mould through the nozz'F' :->f wax injector and kept sometime for drying. Once dried we get wax piece of a particular desig:1 The number of wax pieces is made through this proc.css. The said wax pieces then soldered on a solid wax stick called sprue to create tree of wax. Generally 6 to 8 pieces are soldered in a wax tree.

he number of wax pieces is made through this proc.css. The said wax pieces then soldered on a solid wax stick called sprue to create tree of wax. Generally 6 to 8 pieces are soldered in a wax tree. The said tree lateran kept in a one stainless steel flask, One end of flask covered with rubber bass. The wax tree will bF! placed in the flask and paste of investment powder poured till cover of the flask. Then the said flask will be kept in vaccumiser to remove the bubbles. After this, flask is ready to keep in Burn out fur 1ace where the paste of investment power solidify and wax gets burn. A cavi 1~Y of design g2ts formed in the flask for the items to be casted. After the process in burn out furnace, heated flask is placed in the casting Machine and the material kept ready duly melted in l·.,etal Melting F•Jrnace is poured into the flask. After this process, the flask is removed and placed in wacer bucket to get cooled. Once the invest ment powder removed from flask we get metal tree ready for further process. ~he pieces gets cut from tree and sprue is added back into stock for reuse. The said pieces than will be polish and buffed to get the fine finishing of casted jewelry. The said pieces will than cleaned in Ultrasonic machine. Then the required lab grown diamond I stones are set as per order specificationsin the casted pieces by experienced setters and cleaned through stearn. The said pieces then will polish by exp.:rt polisher, Rhodium and cleaned for quality checking and export thereafter.

cationsin the casted pieces by experienced setters and cleaned through stearn. The said pieces then will polish by exp.:rt polisher, Rhodium and cleaned for quality checking and export thereafter.

THE PRODUCTION PROCESS FLOW CHART PRODUCT DEVELOPMENT • DESIGNING • CAD • MODEL MAKING ( MOULD MAKING ] u WAX INJECTION F ( Q.C ) r ( c ) T!1EE MAKING ·-·-, l=:> Q.C --n :ASTING Lo.c ) [ Q.C ( Q.C ) . ) HAN.~_:>~ Q.C D ) ~lNG lc:::> Q.C ( R ~:OD I UM D ) ( THIRD PARTY Q.C /FINAL Q.C D ( EXPORT ]

• The promoters are spreading their reach across the globe by actively participating m vanous shows and events both National as well as International. Apart from the existing customers, the group has enlisted the support of new customers, in Western markets who are willing to deal with us in substantial quantity and have placed tentative orders for the same. The promoters are also interacting with certain well established buyers, viz. Wall Mart, Zales etc. and confident to achieve the projected level of exports . • I I . ' Space: The built-up space of 10,000 sq. it approxima~ely v .. -,.:.:l be required for implementation of the project. We have proposed to start from 973.00Sq. mtrs. viz. Unit Nos. 141A& 1418 in SDF-V, for which our Group company has already given no objection and informed DC office to allot the same to us .Accordingly we are submitting projections taking into consideration built- up space of 973.00 sq. mtrs.

Group company has already given no objection and informed DC office to allot the same to us .Accordingly we are submitting projections taking into consideration built- up space of 973.00 sq. mtrs. Electricity & Power: Power requirement at the peak capacity would be in the range of 600KVA to 700 KVA .The Electricity /Power is supplied ':-·,· Ad3ni I TATA Po Ner. It is understood that there is""'··· piOblem in supply of power . Water: Wate! requirementis about 25KL pN day for drinking <· '··' cleaning purposes and is avnilable from MIDC. Fuel: LPG is required for furnace

. :-- .. Effluents: No pollution, No effluents & no hazardous process involved. It 1s envisaged that the manpower req uired to implement the project is about150 workers, wrich will include skilled and unskilled workers, and are easily available. It will gradually lr.:rease C'f a:;other SC ~ : ::o 'N'tl;:~ 12·<: 2 3 'ieJ:-s as oer project requ irere"'t

• The major component of plant and machinery required in the initial stages of setting up of jewellery unit is imported. This can be procured easily with a delivery time of four to six weeks. The rest of the machinery and equipment are available in the local market The detailed lists of imported and indigenous Capital goods required for the proposed project are furnished in the annexure attachedseparately. The major raw materials required by us are ME. .al, Lab Grown Diamonds and findings. Gold is available through MMTC, nominated agencies ar ~ ·h.- banks located at SEEPZ SEZ. The Lab Grown diamond will b~ procured fr )m CTA area.

d by us are ME. .al, Lab Grown Diamonds and findings. Gold is available through MMTC, nominated agencies ar ~ ·h.- banks located at SEEPZ SEZ. The Lab Grown diamond will b~ procured fr )m CTA area. It is an added advantage ·-:o the Company to meet customer rP ::•.:i•ement expeditir·!Jsly and at a reasonable cost ~im ilarly, the Findings are easily available from t ·/~, ~oca l and imported sources. There are findingsmanufacturers located in SEEPZ itself. Also there are trading units which mc:ke the findings of foreign suppliers available. The detailed list of raw mater:31s and consumables required for the proposed p:-ojec:t are furn ished in the annexure attached separately .

The Cost of the project and means of financing will be as under: ·:· Cost of Project Rs. In lacs Particulars 1 Factory premises- Renovation work/ lease hold premises improvement cost 3 Plant and machinery/ CG Imported 230.00 lnd l~ enous 150.00 4 Electrical Fittings 5 Furniture & Fixtures

6 Other Assets & security depos ; t~ - 7 Net working cap;tnl l . - ·- 1 otal Cost ... 1 ·:· Source of Finance • Promoters Contribution Total. .. A detailed profitabilit y statement for the ne ..... t five years period is enclosed "' ... "' " * * •

Amount 150.00 380.00 75.00 100.00 75.00

25Q:QQ_ 1030.00

1030.00 1030.00 .~~ I F

led profitabilit y statement for the ne ..... t five years period is enclosed "' ... "' " * * •

Amount 150.00 380.00 75.00 100.00 75.00

25Q:QQ_ 1030.00

1030.00 1030.00 .~~ I F

• CRAfT' LABGROW A-3C1, Shankheshwar Tower C H S ltd, Sudha Park,Shanti Path. Ghatkopar East, , Mumbai 400077 15.02.2021 To, The Jt. Development Commissioner Seepz, Sez, Andheri (East), Mumbai 400096. Dear Sir, Ref: Setting up of New labgrown Diamond Jewellery ~k· nufacturing Unit. With reference to above we have newly formed a prhn te limited company for the above unit. We have received the name approval from MCA and we ho.ve also paid the Registration fees for the same. Please find enclosed copy of he same. The MCA will issue lncorpc·ration Certificate and Pan Card witl-, in 2 days. We will update you immediately as we receive the same. Thanking you, Yours faithfully, For Craft Labgrown Diamonds Pvt ltd ·~~ ~thorised Signatory .)

ertificate and Pan Card witl-, in 2 days. We will update you immediately as we receive the same. Thanking you, Yours faithfully, For Craft Labgrown Diamonds Pvt ltd ·~~ ~thorised Signatory .)

GOVER.i~IENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGISTRAR OF COMPANIES Central Registration Centre Indian Institute of Corporate Affairs (IICA), Plot no. 6,7,8, Sector 5, IMT Manesar, Gurgaon, Haryana, India, 122050 Dated I 0-02-2021 NOTE- THIS LETTER IS ONLY Ai\l APPROVAL FOR AVAILABILITY OF NAME FOR A PROPOSED COMPANY. THE APPLICANT CANNOT START BUSINESS OR ENTER INTO ANY AGREEMENT, CONTRACT, ETC. IN THE NAME OF THE PROPOSED COMPANY UNTIL AND UNLESS A CERTIFICATE OF REGISTRATION IS ISSUED BY THE REGISTRAR OF COMPANIES AS PER THE PROV15IONS OF THE COMPANIES ACT'2013 AND THE RULES MADE THEREUNDER. To, e RAGINI KAMAL CHOKSID • Subject: In Reference to Availability of Name CRAFT LABGROWN DIAMONDS PRIVATE LIMlTED Reference: Your application dated 09-02-2021 (SRN R96704218) Sir/Madam, With reference to the above, It is informed that L. The above mentioned name is made available for registration of the company with the following details: Type of Company: New Company (Others) 2. The name is valid for a period of 20 days from the date 10-02-2021 on which the application for Reservation is approved i.e. name will be available till the date 02-03-2021 . 3.

ompany (Others) 2. The name is valid for a period of 20 days from the date 10-02-2021 on which the application for Reservation is approved i.e. name will be available till the date 02-03-2021 . 3. The name is liable to be withdrawn at any time before registration of the company, if it is found later on that the name ought not to have been allowed and will be subject to penal proceedings under section 4(5)(ii) of the Companies Act, 2013 . 4. In case ofNBFCs (Non-banking Financial companies) there is a requirement to maintain a minimum net owned fund as may be prescribed by the Reserve Bank of India (RBI) from time to time and no new NBFC shall commence business a::; such without obtaini11g li certificate of registration from RBI as per provisions of Reserve Bank oflndia Act. 1934. 5. In case of name include words such as Insurance, Bank, Stock Exchange, Venture capital, Asset Management, Nidhi, Mutual Fund etc., the applicant shall submit a declaration that requirements of respective regulator has been compiled with.

• Yours sincerely, A vais Patwegar ASST. REGTSTRAR OF COMPANIES Registrar of Companies Central Registration Centre, Ministry of Corporate Affairs Note: The corresponding form has been approved by A vais Patwegar ,ASST. REGISTRAR OF COMPANIES and this letter has been digitally signed by the Registrar through a system generated digital signature under rule 9(2) of the Companies (~egistration Offices and Fees) Rules, 2014 .

OF COMPANIES and this letter has been digitally signed by the Registrar through a system generated digital signature under rule 9(2) of the Companies (~egistration Offices and Fees) Rules, 2014 .

MINISTRY OF CORPORATE AFFAIRS e-CHALLAN FOR PAYING LATER ONLY FOR PAY LATER PAYMENT. NOT FOR PAYMENT AT BRA....~CH COUNTER SRN : T007l8 I I 2 Expiry Date : 22 02 202 I S~'i date: 15022021 By Whom tendered Name: RACilNl KA.lvli\L CIIOKSI Il Address: 34.KAi'v1AR BUlLDfNG, 5TH FLOOR. 38 C A WASil PATEL STREET.FORT

ML :V!BAl, Maharashtra I 1).1 - ~0000 I

·--- -·- Full Particulars of Remittance .. Service Type: e[· iling Service Description Type of Fee Amount(Rs.) . Fee For Company l:..:0rpo::~tion Normal 500.00 AoA ~otmal 600.0.'"1 :-..roA :'-<ormal 206000.\JO r PAN Normal I 66.00 TAl\ Normal 65.00

I Total I 207231.00 I [Head of Account:

---

1-17500!050000 Accounts O fficer by whom adjustable: /ay & Accounts Officer, Ministry of Corporate Affairs, New Delhi ·- Rupees(ln words): Two Lakh Seven H ..:usand Two Hundred Thirty One Only Fa.ge 1 of .1

000 Accounts O fficer by whom adjustable: /ay & Accounts Officer, Ministry of Corporate Affairs, New Delhi ·- Rupees(ln words): Two Lakh Seven H ..:usand Two Hundred Thirty One Only Fa.ge 1 of .1

Important '\ote: Proces~ w.r.t. payment through Pay Later mode I. By Pay Lata payment option. you can create e-challan and get SR.."\J for any Service. 2. You shall be required to pay for the co1Tesponding SR. '\I using Pay Later functionality on the [(.-.21 po11al t under the Services tab after login on :\ICA21 ponal) 3. You can pay via imernet banking facility or credit card offered by the bank in which you hoiJ an account. .J. Service charges. if any. will be borne by the user. 5 Payment shall be allowed only before e-challan expiry date ofSRl. Once this time perioJ is cner, no payment will be allowed and the COITesponding service request shall not be accepted. However user should do the payment as early as possible, so that last day issues are not there. 6 In case of successful payment. the payment details shall be updated in respect of the SR.t'.: in the ;\IC A21 system. ONLY FOR PAY LATER PAYMENT.NOT FOR PAYMENT AT BRANCH COUNTER

re not there. 6 In case of successful payment. the payment details shall be updated in respect of the SR.t'.: in the ;\IC A21 system. ONLY FOR PAY LATER PAYMENT.NOT FOR PAYMENT AT BRANCH COUNTER

.....-.; - --.-- ONE ~l_UNDR E-D R Ll F' L~ .:~ I --="1 I XT 2933c4 \ ~ , .· I, ME. Pa ag A. Shah, Part/e_rpYM/s Craft lab1;so'hn Diamonds Pvt ltd , son of Shri Anantrai B. __ { · Shah .~, ag .· d 4~1ye1ars a_r;d re~ident of A-301, Shankheshwar Tower C H S Ltd, Sudha Park, Shanti \ \ ' -: · .. faths . G. tkoP"ar East:·, 'Mumbai 400077 hereby solemnly affirm and declare that, 1/We have .. ~tSmit1 d an applicjltion dated 04th February,2021 to the Development Commissioner, SEEPZ ~pe · Economic Zone, Murnba; for setting up a unit under SEZ Scheme of Ministry of Commerce Industry, Government of lnaia for manufacture and export of Lab Grown Studded Jewellery rna~ of Gold, Silver, Platinum, Brass, Titanium & Palladium. 1/Wf.. fully understand that ~ny permission letter granted to us on the bas:s of statement furnished is liable to cancellati.·m or any other action that may be taken having regard to the circtlmstances of the case if it is found that any of the statement or facts therein are incorrect or fals~-- 1/We will abide by ar.y other conditions, which may be stipulated by the Development Corrl'tnissioner. We solemnly d~clare that the inforrr::tion furnished in the aforesaid application ... and its enclosures are true and to the best of our knowlt:dge and belief. Sole:~nly affirmed at Mumbai On this day of 04th Febru:>ry , 2021 ) /~ j> I ,.

hed in the aforesaid application ... and its enclosures are true and to the best of our knowlt:dge and belief. Sole:~nly affirmed at Mumbai On this day of 04th Febru:>ry , 2021 ) /~ j> I ,. '/ . . ..... I Signature of the deponent Mr. Parag A. Shah

CRAfT' LABGROWN DIAMONDS PVT'JLl'D~ A-301, Shankheshwar Tower C H 5 Ltd, SudhaPark,Shanti Path. Ghatkopar East,, Mumbai 400077 • Name of the Directors f 11th Floor, Riverwind, Residency, opp. Rajlaxmi Shri Savjibhai Dhanjibhai Dholakia Bunglow, Piplod, Surar - 395007 Flat no.62-6, Mont Blanc Bldg, Dadyseth Hill, Shri Ghanshyambhai Dhanjibhai Dholakia 572, August Kranti Marg, Mumbai - 400036 ! 89, Hari Hari Society, Katargram, Surat, Gujarat- Shri Rajesh Himmatbhai Dholakia 395004 --r·- Shri Hitarth Ghanshyamhh&i Dholakia i flat no.62-6, Mont Blanc Bldg, Dadysc.th Hill, I . 572, August Kranti Marg, Mumbai ·· 400036 : A-30 l,Shankheshwar Tower C H <; Ctd,Sudha ! Shri Parag A. Shah 1 Park,Shanti Path. Ghatkopar (East). l\1umbai , JG0077.

11th Floor, Riverwind, Residency, opp. Rajlaxmi Shri Dravya Savjibhai Dholakia Bunglow, Piplod, Surat- 395007

CRAFT' LAB6ROWN DIAMONDS PYT'~lT'D~ A-301. Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East,, Mumbai 400077 LIST OF RAW MATERIALS AND CONSUMBALES TO BE IMPORTED/ PROCURED LOCALLY 1 Gold 2 Silver 3 Platinum 4 Labgrown Diamonds, Precious stone & S~;-ni Pr Stones, CZ & Pearl 5 Finding ·-·-· 6 Alloys l ., Palladium, Tlt;::ni:..:m ,

--- -1 8 Other consumables _j ·-

Silver 3 Platinum 4 Labgrown Diamonds, Precious stone & S~;-ni Pr Stones, CZ & Pearl 5 Finding ·-·-· 6 Alloys l ., Palladium, Tlt;::ni:..:m ,

--- -1 8 Other consumables _j ·-

A-301, Shankheshwar Tower C H 5 Ltd, Sudha Park,Shanti Path. Ghatkopar East,, Mumbai 400077 UNDERTAI<ING I, Mr. Parag A. Shah, Partner of M/s Craft labgrown Diamonds Pvt ltd son of Shri Anantrai B. Shah, aged 49 years and resident of A-301, Shankheshwar Tower C H 5 Ltd, Sudha Park, Shanti Path, Ghatkopar East, , Mumbai 400077 hereby soremnly affirm and declare that, 1/We have -.ubmitted an application dated 04th February,202J to t he Development Commissioner, SEEPZ Special Economic Zone, Mumbai for setting up a U'l · ••ntcr SEZ Scheme of Ministry of Commerce & Industry, Government of India fen· manufacture .:n•' export of Lab Grown Studded JewL•IIery made of Gold, Silver, Platinum, Rns~. Titanium & Pal!adium. 1/We hereby declare that, we will obtain n :..:cessary clearances/ approvals and fulfill the c r•vironment and pollution control norms as ma.,, '"~t: prescribed by the Pollution Control Authorities from time to time. Date: 04th February,2021 Place: Mumbai For M/s Craft labgrown Diamonds Pvt Ltd ~" ~ ,""'/ - Mr. Parag A. Shah Director

'"~t: prescribed by the Pollution Control Authorities from time to time. Date: 04th February,2021 Place: Mumbai For M/s Craft labgrown Diamonds Pvt Ltd ~" ~ ,""'/ - Mr. Parag A. Shah Director

CR\Afll LABGROWN DIAMONDS PYT'JLT'D~ A 301, Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East,, IVlumbai 400077 TO WHOMSOEVER IT MAY CONCERN 1/We hereby certify that none of the Directors of the Company are a Proprietor/Partner(s)/Director(s)/Karta/Trustee in any other firm/Company which (i) has come to the adverse notice of DGFT, (ii) is in the caution list of RBI and (iii) is in the fraudulent list of EOU /SEZ unit. For M/s Craft labgrown Diamonds Pvt Ltd Mr. Parag A. Shah Dir·_ctor

CRAFT LABGROWN DIAMONDS PYI'~Lli)~ A-301, Shankheshwar Tower C H 5 Ltd, Sudha Park,Shanti Path. Ghatkopar East,, Mumbai 400077 LIST OF CAPITAL GOODS, EQUIPMENT$ TO BE IMPORTED/ PROCURED LOCALLY 51. No. Particulars 1 AIR COMPRESSOR 2 Air conditioner/ Air- conditioner systems 3 BURNOUT & FURNACE 4 CAST BALSTER 5 CASTING MACHINES 5 CLEANING & POLISHINGMACHINE 6 DEWAXERS 7 DG Sets/ Power Equipment's I Power Supply systems I--.

ditioner/ Air- conditioner systems 3 BURNOUT & FURNACE 4 CAST BALSTER 5 CASTING MACHINES 5 CLEANING & POLISHINGMACHINE 6 DEWAXERS 7 DG Sets/ Power Equipment's I Power Supply systems I--. 8 DIPPLING MACHINE 9 I DRYOUT f--- - - ·

10 i DUST BURNER r-li -- , DUST COLLECTOR 1---· l2 ELECTRICAL INSTRUMENTS & FITT !;~G~ 13 ETP PLANT AND ACCESSORIES ~- --·- ·

14 FORDOM MOTORS r -

• · 15 1 FURNANCE 16 FURNITURE & FIXTURES 17 GROOVING MACHINES 18 HOT FIELD FURNACE 1--- 19 INVESTMENT MACHINE/ PUMPS AND MIXERS 20 LAMPS & LIGHTS 21 LASER MACHINE 22 f---- MAGNETIC TUMBLER 23 MICRO BRAZERS r------

24 MISC. TOOLS 25 MIXING & VACUM PUMPS 26 MODEL MAKING MACHINE/ EQUIPMENT$ -· 27 MOTORS

· 2f: M0 1.1LD MAKING MACHINE/EQUIPMENT$

• -· 29 PEN PLATING '2:J PLATING & SHIPPING 31 POLISHING MACHINE 32 Q.C.EQUIPMENTS 33 REFINING I- 34 ROLLING MACHINE 35 SECURITY SYSTEMS & EQUIPMENT$ .. ;: .. : :!. : ... _ . () ·.

• -· 29 PEN PLATING '2:J PLATING & SHIPPING 31 POLISHING MACHINE 32 Q.C.EQUIPMENTS 33 REFINING I- 34 ROLLING MACHINE 35 SECURITY SYSTEMS & EQUIPMENT$ .. ;: .. : :!. : ... _ . () ·.

CRAfl' LAB6ROW ~ DIAMONDS PVT~Ll'D~ A 301, Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East, , Mumba1 400077 r - 36 SOLDERING MACHINE i 37 STEAM MACHINE I 38 STRONG ROOM & SAFE 39 TOLLS AND BALANCES 40 ULTRASONIC MACHINE 41 VACUUM CLEANER 42 WATER CHILLER 43 WATER COOLER 44 WATER JET 45 WAX INJECTORS & ACCESSORIES 46 WEIGHING SCALE

• ·- 47 Workstations/ modular furniture's, computer furnitu e and anti-septic carpet, carpets . Computer Systems, Laptop, Printers ,EPABX, FAX Marl·ti'1e , Projection Systems, Servers, 48 ~ - ---- 1 Teleconference Equipment/ communication system5, '-~orage Systems, UPS, Photocopier 49 Other fixed Assets and repair & maintenance equiJ:' 11e~1t-

---

50 , <;p;:!rP~ R- Components of 3bove _5:3p·~a! g0ods ·--·· L---· "'"'*******

on system5, '-~orage Systems, UPS, Photocopier 49 Other fixed Assets and repair & maintenance equiJ:' 11e~1t-

50 , <;p;:!rP~ R- Components of 3bove _5:3p·~a! g0ods ·--·· L---· "'"'*******

CRAfT t.AB6ROW.N DIAMONDS PVI.LTD., A-301, Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East, , Mumbai 400077 liST OF CAPITAL GOODS, EQUIPMENT$ TO BE IMPORTED/ PROCURED LOCALLy Sl. No. Particu Iars 1 AIR COMPRESSOR 2 Air conditioner/Air conditioner systems 3 BURNOUT & FURNACE 4 CAST BALSTER 5 CASTING MACHINES I 5 CLEANING & POLISHINGMACHINE 6 DEWAXERS I 7 DG Sets/ Power Equipment's I Power Supply systems I • ~ DIPPLING MACHINE DRVOUT f-- C'J U ~. r BURNER

I 11 DIJST COLLECTOR 12 ELECTRICAL INSTRUMENTS R, FlniNGS

13 fTP PLANT AND ACCESSORIES

14 FORDOM MOTORS 15 FURNANCE 16 FURNITURE & FIXTURES 17 GROOVING MACHINES 18 HOT FIELD FURNACE I ' 19 INVESTMENT MACHINE/ PUMPS AND MIXERS I 20 LAMPS & LIGHTS I I 21 LASER MACHINE 22 MAGNETIC TUMBLER 23 MICRO BRAZERS 24 MISC. TOOLS 25 MIXING & VACUM PUMPS 26 MODEL MAKING MACHINE/ EQUIPMENT$ 27 MOTORS 28 MOULD ~AKING MACHINE/EQUIPMENT$

29 PEN PLAriNG 30 PLATING & SHIPPING 31 POLISHING MACHINE 32 Q.C.EQUIPMENTS 33 REFINING 34 ROLLING MACHINE 35 SECURITY SYSTEMS & EQUIPMENT$

OTORS 28 MOULD ~AKING MACHINE/EQUIPMENT$

29 PEN PLAriNG 30 PLATING & SHIPPING 31 POLISHING MACHINE 32 Q.C.EQUIPMENTS 33 REFINING 34 ROLLING MACHINE 35 SECURITY SYSTEMS & EQUIPMENT$

A-301, Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East, , Mumbai 400077 I 36 SOLDERING MACHINE I 37 STEAM MACHINE 38 STRONG ROOM & SAFE I 39 TOLLS AND BALANCES 40 ULTRASONIC MACHINE I 41 VACUUM CLEANER 42 WATER CHILLER 43 WATER COOLER 44 WATER JET 45 WAX INJECTORS & ACCESSORIES 46 't.JEIGHING SCALE

~J. Workstations/ modular furniture's, computer furniture a nU anti-septic carpet, carpets 1 Cor1puter Systems, Laptop, Printers ,EPABX, FAX Machine . Projection Systems, Servers, 1 el··conference Equipment/ communication systems, Storage Systems, UPS, Photocopier _ ,__

___J__s,ther fixed Assets and repair & mainten"'nce equipment ~a I Sp-·-s 0 r~-~~~~~t~ "f ~b0' 10 r-. ... i · ~: grmdc I J _ QIC ut ,..VIIItJUII'-11 ~ v u ...... -~,.., :..... . l

•••••••••

_s,ther fixed Assets and repair & mainten"'nce equipment ~a I Sp-·-s 0 r~-~~~~~t~ "f ~b0' 10 r-. ... i · ~: grmdc I J _ QIC ut ,..VIIItJUII'-11 ~ v u ...... -~,.., :..... . l

•••••••••

UARll<JW:ili;!J\ EXl'ORTS l'HIV.t\rc WMIJ'I'.f) (CIN: U36912Mll21112PTC2270H) STJ\ TEMENT Or CHANGES LN EQUITY FOR THE YEAR ENDED 3151 MAHCH 2020 :-Jute 13 {Ru ~'l''!o)

I As at 31Sl' MARO I, 2020 i\s a l 31ST MA 1{('11, ~IIi 'I ,, LQUl fY SHARE CAPITAL I No. Amount No. Amo1ml Autl"'ri~rd Sh.uc Cnpit~l I 16,000,000 160,000,000 16.00lJ,lllltl 161l,IIW,OOil lssu~d. Subscrilx-11 n>ld Full)' ['.tid-up Share Capitol 13,01!8,4!19 -no.ssq,s9o 13.<168.816 l3<1,6!;1i,l6U a.) Rt!cunciliation of ShM"~ oulst.lllding at the bet\inning and at tht! rnd ol the year ll.l l<>•lCL' at tlw bcguming t.:f til~ rc~ • 13,088,41!9 130,884,890 n,tM.!\16 J34,MI8,l(l(l l.e~ . Bm· 13~ck of Sir,,' cs

3-'10.327 3.,803.2ill Ualnn(l' at the cnci of the Y''"r 13,088,489 130,884,890 13,088.48'.1 130,Hll4,!;9(l The Company commenced the buy-back of equity share5 from 6th March 2019 and closed on 25th March 2019.The Cump~ny bought hack 3,SO,l27 equity share at ~ 5-14.30/-, as resulting in total cash cons idcr.~tion of ~ 20,70,11,986/-. The Company had settled their paymt!nt inun~tliatcly on 2nd April.

2019.The Cump~ny bought hack 3,SO,l27 equity share at ~ 5-14.30/-, as resulting in total cash cons idcr.~tion of ~ 20,70,11,986/-. The Company had settled their paymt!nt inun~tliatcly on 2nd April. 2019 and th~ said sha res were extinguish«.! on 22nd April, 2019 as per the record> of Ccnhal Depository S<!rvice Lmuteli In ncconlanrc w1th sccti .,, 6~ of Compmties Act, 2013, during the year ended 31st Mnrcl1 2019 the comp.:.oy has created C~pit<1l ~cllr.mption Reserve oft 38,03,270/- e<rual tut:tc nomonal va l ue.~ of shares bought back as an appropriation from Securities Premium Reserve. b.) 1 ~llll!'j'Rights nttnriled to r1!uity shares l h~ C'n•np~ny l"l" only o!le : lass c! :x;uity dtMe$ havit!g p.u nluc of P.::. ~0 p~r .ha·, E.~ch holdc; o! cc1uity sh.rrt is ~nti:lc.t :v on1: •oti! J..CI teqt• ty sh:~re. The div>oiend :'-oposcd by the Board of Directors, if any, is subj:<r tot 1e <~pproval of the sh<~t"ltol dcrs 111 th~ ensu ing i\nnuill !General M~etine. exc.,pt in G'S<' of interim ciividcnd. In the ev~nt of liquidation. the cqtdty sh~reholdc•r arc ehgil•lc tu receive the rcm<tining ja,;~ ·Is of the Company dfkr dish ibution of all preferential amounts. in proportion tC' •h~ir sh~rcholding. c.) St· ... res in the Con~pany held by each shareholder holding more than fiVI! per cent 51\iUeS N~me of the Shareholder As at 31ST MARCH, 2020 !l,s al31Sl' i'viARCJ I, 2019 Nu. Atnount No. /\mount

S.1vjibhni D. Uhul.lki.l 3,672,102 36,7nmo { J,621/Ju3 36,249,630 Gh.mshyambhni D.

N~me of the Shareholder As at 31ST MARCH, 2020 !l,s al31Sl' i'viARCJ I, 2019 Nu. Atnount No. /\mount

S.1vjibhni D. Uhul.lki.l 3,672,102 36,7nmo { J,621/Ju3 36,249,630 Gh.mshyambhni D. f'lholokia 3,180,151 31,801,510 < 3,151.531 31.515.310 ruls>bl~o1i lJ Dhul,,k;,, 3,101,026 31,010,260 1,101,026 31,0l0,2oO llinun.ttbh•u D. Ohol;rkhl 2,S01,~3 1 25,013,310 2,4'!2,913 24,?29,130 Oth,~r:. huldinB lc!>~ th.>n.:; :·- 633,879 6,331!,790 71~.056 7,180,31>0 iol.tl 13,088,~69 130,81!-t890 13,1J33;1S9 I30.SS.t890

,!. p"r the Comp.1nteS Act, 2lll3, th~ holders uf equity >hMI!S will be entitled lo rcL"ei• e r~maini.ne ~s~~ts ol the Company, alteJ dis:ribulion of all p•~fcrcnti:~l amounts m th( event of liquid.1tion of the Comp,1ny. l he distribution wtl! be in proportion to the number of l'<tuity shares held by the· shn<r•holders r--- ·-· B. PREfERENCE SIT ARE C•\ PlTAl. 1\s at 31ST MARCH, : 020 ,-; at 3151' MARGL 2019 r----:-- No. AtliOIIllt \lu. :\t11U!IJ( ...

Autho• r.sed Sh;u-e Capit,l! 6~ Compul~nly Convertible Preference ShMcs 75,000,000 710,000,000 75,000,000 750,000,000 o·.~ ·:ompulsorily Co:wPrtible f'refe•encc ShMes 64,000,000 (;tf 0,000,000 64,000,000 640,000,000 12% Compulsot ily Convertible Preference Sh;rr~s 5,000,000 50,000,0110 5,000,000 5(),000,000 1 <14,000,000 1,440,000,000 l4.4,000,lltl(l 1,440,000,000 Is Htt.'<l, Subscribed and Fully paid-up Share Capital 6', Compulsonly Con,•crl>ble Preference Sh~res

.

0110 5,000,000 5(),000,000 1 <14,000,000 1,440,000,000 l4.4,000,lltl(l 1,440,000,000 Is Htt.'<l, Subscribed and Fully paid-up Share Capital 6', Compulsonly Con,•crl>ble Preference Sh~res

.

0% Compulsonly Convcrtibl>' Preference Sha!t!s

12% Compulsonly Converllble Prde:·ence Shares .

IJ /' ~ ~w~ -~ '·

HARI KRISHNA EXPORTS PRIV \TE LI\IITED (CIN: U36912MH21n21'TC:!27014) STANDALONE BALANCE SHEET AS AT 31ST MARCH, 2019 (Rupees) As at As at Particulvs Notes. 31Sf MARCH, 2019 31ST MARCil, 2018 ASSETS (1) 'lon-Currtnt Assets Property. Plant and Equipment Captt:ll Work-i.n-Progres; lnvestDHtt Property Intangible Assets lnt.lngJble A-:scts under development Finanda I Assets Investments Other non-<:Uirent assets (2) Current Assets lnveJttodes Fi.nandal Assets (i) Trade Receivables (ii) Cash and cash Equ. .JPI\L~ (iii)Jank balances other ,'tdl' car.t and cash equivalents above (iv) Loans I·•) Oliters financi~ l a:.st" C:•rre.11 Tax Assets (Net )th..,. runcnt a55ets . bJU'f r A.'ID UABIUI'li .

u. .JPI\L~ (iii)Jank balances other ,'tdl' car.t and cash equivalents above (iv) Loans I·•) Oliters financi~ l a:.st" C:•rre.11 Tax Assets (Net )th..,. runcnt a55ets . bJU'f r A.'ID UABIUI'li . Equw i.qwty Share Capital Other jquity Liabilities (1) .'lon-Currtmt Uobilitie• Fmanaal Liabilities Bom>wings Provisitns Defend Tax LlabJJitc~ ()! ' Oth~r non-cu.'Tent lin bilitie~ (2) Cuncnt Liabilities u·-·~~lliabtlities '!) llnrrowings (i1)1• Ide Payilblcs TOTAL ASSETS Total Equity Total outstanding du~; of micro cnrerpri..~es and small ,,terpriscs; and ·:-eta! outstanding dut ot creditors other than aucro '"'tcrpri.ses and smaU nterprises (il.i Jther Financial Liabtlides Other ('uzrent Liabililles Provi> ·-.IS Current Tax Lial>ilities (Net) Total Liabilities TOTAL EQUITY A.'lD LIABILm ES SiBnificJnt ? llicies and key Jccounting estimates and judgements St!e accompanying notes to the i:.nandalstatcments ,. 2 2 3 4 4 5 8 9 10 11 12 6 7 4 16 7b 17 ,.

.'lD LIABILm ES SiBnificJnt ? llicies and key Jccounting estimates and judgements St!e accompanying notes to the i:.nandalstatcments ,. 2 2 3 4 4 5 8 9 10 11 12 6 7 4 16 7b 17 ,. ,, 18 15 17 16 1 2-27 2,17,56,90,536 ~.29,94,10,226 51,35,5-17 3,23,51,294 16,32,50,302 16,81,00,3-18 1,12.20,885 65,03,933 26,22,000 2,11,08,880 82,45,38,193 76,57,31,463 15,35,14,118 7,54,18,857 24,85.35,47,105 19,24,18,88,329 9,02,1H,S8,499 ~.91,35,JM90 ~.40,32,784 8,30,26,361 64,57,65,710 16,66,94,131 '• .710,113 1,18,68,026 1~,t~,29,9'11 8,39,67.521 72,7\1,540 50,00,000 Ji5_,42,J4,307 45,26,48,116 38 67 73,58.550 32.32.72.27,975 13,011 P.•,ec;o 13,4.6,88,160 12,ll,5Q,G6,ecl9 1 0,52,67,1 1,096 12,24,68,51,779 10,66,13,99,256 2,84,13,180 70,69,152 9,05,34,377 7,63,92,534 1 ~.29,71,932 18,.31,55,4.33 16,60,::!40 5,37,74,4.33 14,0:104,95,889 13.48.13,59,615 3,57,50,929 90,71,972 9,33 l6,95,678 6,92,53,90,30! 1,35,12,63,332 67 ,ss,55.3n 79,(J4,67,094 17, 16,59,139 27,42,641 22,25,862 6,55,11,479 7,71,74,906 26,4.3,05,06,771 21,66.58,28,719 38,67,73,58,550 32.32.n.27,97s For :rnd on behalf of the lloar<! of Dtr~·~ctn -s I \ {ll/l-\J ---- . Ha~mu!J1 Dh01.lkla 1.Vhdc Tune Dir•ctor C'l1'i-OH7 { 071 \1.,.¢.__, ... ,.- k/" ::h ~~~ :Ur!(,rr.1

550 32.32.n.27,97s For :rnd on behalf of the lloar<! of Dtr~·~ctn -s I \ {ll/l-\J ---- . Ha~mu!J1 Dh01.lkla 1.Vhdc Tune Dir•ctor C'l1'i-OH7 { 071 \1.,.¢.__, ... ,.- k_/" ::h ~~~ :Ur!(,rr.1

Hari Krishna Exports Pvt. Ltd. (Seepz Unit) lo Joint Development Commissioner, Seepz Sez, Mumbai - 400096. ' i ' 0 ,.. --- .... --- . Respected Sir, '-.. '- ~= ::: . .:. _ . ', .;-., '-- / -... ~'- , __ ' Sub: Establishing new jewellery (Lab Grown) manufacturin~.fitm~'~s i n ·s;~pz Ref: LOP No.SEEPZ-SEZ/IA-1/NUS/GJ/03/2015-16/9343 dated 15.6.2015 as amended, We request a reference to our letters dated the t h December, 2020 and th January, 2021. 2. As stated in the above mentioned letters, we are manufacturing and exporting Real D1amond Jewellery frorn SEEPZ. We nov want to start an independent manufacturing unit for Lab Grown Diamond jewellery 1n Seepz. A separate and independent unit is a must to keep the manufacturing activity in real diarr.ond jewellery and lab grown diamond jewellery dist11 . ·~: and to avoid any misunderstanding in the minds of the prospective customers. 3. Considering urgency, present market situation and customer pressures, our promoters have formed a new partnership firm in the name of M/S. CRAFT DIAMONDS to manufacture_s.pd export Lab Grown Diamond Jewellery from Unit No.141A and 1418. Th ese both units are already allotted to us. We request you to kindly withdraw allotment of these two unit~ from our LOP subject to their allotment in favour of the new firm M/s. CRAFT DIAMONDS.

. Th ese both units are already allotted to us. We request you to kindly withdraw allotment of these two unit~ from our LOP subject to their allotment in favour of the new firm M/s. CRAFT DIAMONDS. The list of Directors of M/s Hari Krishna Exports Pvt Ltd and M/s Craft Diamonds are as follow ~rishna Exports Pvt Ltd (Seepz % M/s Craft Diamonds (List of Partners) % Unrt) (Directors & Share Holders) 120% -1 j Shri Savjibhai DhCJ_:ljibhai Dho l~k ia 28.06 Shri Savjibhai D. Dholaki~ . Shri Ghanshyambhai D. Dholakia I Shri Himmatbhai D Dholakia I Shri Tulsibhai D. D_holakia I Shri Hasmukhbhai r. Dholakia [ Shri Nareshbhai Lunagariya -.=-~ SIC HTh)L )E ~ 24.30 19.11 23.69 1 1.93 2.91 . Dominion ' ) Diamond '111ne5 Shri Ghanshyambhai D. Dholakia 1 18% Shri Rajesh Himmatbhai Dholakia 20% J Shri Dravya Savjibhai Dholakia 18 % I Shri Hitarth Ghanshyambhai Dholakia 18% I Shri Paragbhai Anantrai Shah 6% I r:& Hl< ~' I , ' ,, "

Hari Krishna Exports Pvt. Ltd. (Seepz Unit) 4. In th1s regard, we may mention that the projections of M/s. Hari Krishna Exports Pvt. Ltd. w1ll remain unchanged and no capital will be withdrawn. Thanking You, Yours Faithfully For Hari Krishna Exports Pvt. Ltd;- ·. ~// Authonsed Signatory. SIG;-iThOLOEl'. "' Dominion ...f Dlatnond Mine•

ain unchanged and no capital will be withdrawn. Thanking You, Yours Faithfully For Hari Krishna Exports Pvt. Ltd;- ·. ~// Authonsed Signatory. SIG;-iThOLOEl'. "' Dominion ...f Dlatnond Mine•

CR~FT DIAMONDS A-301, Shankheshwar Tower C H S Ltd, Sudha Park,Shanti Path. Ghatkopar East,, Mumbai 400077 41h February, 2021 To Joint Development Commissioner, Seepz Sez, Mumbai 400096. Respected Sir, Sub: Establishing new jewellery (Lab G··cv. l'l) manufacturing facilities in Seepz ----,.- -::...::.. ' .. , . .. -- -- -- -·- ..

• ..... --=-· .. "" .-:- ... With reference to ctbovc we are a pa: ~ner!>hip firm having business in precious industry. The promoters -.re having good experience in jewellery field for more than 30 years. The firm is established to start new business for manufacturing and exportinr f•f Lab Grown Diam onds jewellery. The said activity net .I: completely separate set up and new factory as per international practice and our buyers requirement. This also will help us to have proper accounting, monitoring and various international audit points of view. Since we wanted to start our business immediately for the said product, we would like to start our ;peration from Unit No 141 A and 141 8 admeasuring 10469.48 Sq. ft Presently the said premises is in the name of our group company Mfs. Har! Krishna Export Pvt. Ltd. We will be grateful to you, If you allow to delete the said units from their letter of Approval and allot us to start our operation immediately. We assure you to have 15ood business and submit the detailed proposal shortly.

, If you allow to delete the said units from their letter of Approval and allot us to start our operation immediately. We assure you to have 15ood business and submit the detailed proposal shortly. We hope this will sa ti~fy to your requirement and request you to piease grant us letter of permission along with allotment letter to enable us to start the project at the earliest Thanking You, Yours Faithfully. For CRAFT DIAMO NDS (Mcf~:) Partner. -· , ', rC) ,(_~;) I., \ "' \ '1 . ,. , ' _.,.../ _,..,' ~ ... -:~ '

o. The E;ra:e iVla1ager, ,'.rdherl (::asi:), ,\ti:..J;n bai-<1CC095. -. - · -· _ .. . ....... - .. -- .... ___ , ... -• ~>- . --· ---·· 1 ,~- ... ~d, . ~ , ~- ... ,. .. _ .;, ::. :: J._,-- -~Is ras refererce to Adjudica~ior o' Lease Agreement 'or unit no.: 141-A & 141-B. 'Ne ha'le a1ready sub'ilttec the required documents with Lease deed for adjudication to Codector of S:amps, Ar.dreri Ge-1•~ c· S:amp O'''::ce, Bandr3 and : ·s pend:ne- w·t- 'le;n aespite our regular follow t..o .l.ck-o·nledger.ents a ·e attached herewith 'nr vo• •· r c:a··y reference. Yc ..:r; f-:~ltrit..d'f, h,!,R! l<~lSHNA EXPORT~ p·, I. L-1 ).

: ·s pend:ne- w·t- 'le;n aespite our regular follow t..o .l.ck-o·nledger.ents a ·e attached herewith 'nr vo• •· r c:a··y reference. Yc ..:r; f-:~ltrit..d'f, h,!,R! l<~lSHNA EXPORT~ p·, I. L-1 ).

ANDHERI (EAST), MUMBAI

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a) Proposal: - Application of M/s. D. Navinchandra Jewels for Broad Banding of items. b) Specific Issue on which decision of AC is required: - Proposal for Broad Banding of item viz. Gold, Silver, Platinum Jewellery Studded with Mother of Pearl. c) Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/ Notification :- In terms of Para Rule 19 (2) of SEZ Rules, 2006, "Provided that the Approval Committee may also approve proposal for broad banding, diversification, enhancement of capacity of production, change in the items of manufacture or service activity, if it meets the requirement of Rule 18". D) Other Information: - Mjs. D. Navinchandra Jewels, were granted Letter of Approval No. SEEPZ- SEZ/ NUS/ APLjGJ-17 /06-07/3350 dated 11.05.2007 as amended as amended for manufacture and export of Studded Gold Jewellery, Studded Silver and Platinu m Jewellery etc. The unit has commenced production w.e.f. 24.08.2007. The validity of LOA is upto 31.03.2022. Sr. Heading Details No. 1 Name of the Unit- M/S. D. Navinchandra Jewels 2 Location Plot No.2 & 3 Opp. G&J Complex II, 3 LOA No. & Date- SEEPZ-SEZ/NUS/APLjGJ-17 /06-07/ 3350 dated 11.05.2007 as amended 4 Authorized Operation- Studded Gold Jewellery, Studded Silver and Platinum Jewellery etc.

pp. G&J Complex II, 3 LOA No. & Date- SEEPZ-SEZ/NUS/APLjGJ-17 /06-07/ 3350 dated 11.05.2007 as amended 4 Authorized Operation- Studded Gold Jewellery, Studded Silver and Platinum Jewellery etc. 5 Date of Commencement- 24.08.2007 6 Existing Block Period 2017-18 to 2021-22 7 Validity of LOA 31.03.2022 ~ 9 Outstanding Rent dues Rs. 2,92,377.61 as on date 10 Labour Dues Nil 11 Validity of Lease Agreement Registered for 16 years w.e.f 19.07.2007 ~ 12 Pending CRA Objection, if any NIL 13 Pending Show Cause Notice/ NIL Eviction Order j Recovery Notice/ Recovery Order issued, if any ..... 2/-

2 ~ ,.------------------------------.-----------~----~--~~------~-, 14 The Approval Committee in its meeting held on 02.08.2019 noted the performance of lhe unit for the period 2017-18 that the unit has achieved positive NFE on cumulative NF'E on cumulative basis in terms of Rule 54 of SEZ Rules, 2006. The performance of the unit for the period 2018-19 is placed in the ensuing Approval Committee Meeting to be held on 18.02.2021. The unit their letters 17.12.2020 & 08.01.2021 submitted the application for Broad Banding of Items and stated as follows :- 'r Procurement of MOP is restricted, hence they required permission of procurement the said material. 'r Designing and manufacturing facilities will be common and have similar process in relation to the existing products. ;,... Capacity utilization will be same as earlier. They do not require capacity enhancement. ;,...

uring facilities will be common and have similar process in relation to the existing products. ;,... Capacity utilization will be same as earlier. They do not require capacity enhancement. ;,... They do not need additional investment for the set up as manufacturing facilities will remain the same. The unit has applied for import of Mother of Pearl covered under lTC (HS) f Classification 96019020, which is restricted item. As per the policy condition for restricted items is "Import of Wild animals (including their parts and products) as defined in the Wildlife (Protection) Act, 1972 (as amended from time to time) is prohibited and in respect of th ose species listed in CITES, is subject to the provision of CITES. The unit has stated that they intend to import Mother of Pearls and would be export the items viz. "Jewellery Studding with Mother of Pearls", which is covered under Chapter 7113. The proposed Capacity of the said item is 1000 PCS Per Year. The details of Import & export of item to be manufacture are as follows :- A. Proposed item to be imported :- Sr. No. Description of lTC HS Import Classification 1. Mother of Pearl 96019020 ..... 3/-

s of Import & export of item to be manufacture are as follows :- A. Proposed item to be imported :- Sr. No. Description of lTC HS Import Classification 1. Mother of Pearl 96019020 ..... 3/-

3 B. Proposed item to be Exported :- Sr. Description of the item to be lTC HS Annual No. manufacture Classification Capacity 1. Gold, Silver, Platinum Jewellery 7113 1 000 PCS / PRS Studded with Mother of Pearl It may be mentioned that as per the letter No. SEEPZ-SEZ/IA-1/Policy/ 46/2008-09 dated 25.09.2019 issued regarding Broad Banding of items listed in Chapter 71 of Customs Tariff wherein it is mentioned that " .... Articles remained classified under sub heading 7113, 7114, 7116, 7117 and 7118 of Chapter 71 of the Customs Tariff (excluding articles of Base metal clad with precious Metals), there is no need to approach the Development Commissioner's Office for Broad Banding per:nission". Further, the goods classified under the aforesaid tariff heading should be in compliance with Instruction No. 91 dated 28.11.2018 and DGFT Notification No. 43/2015-2020 dated 05.11.2018. Further condition of any Allied or any other law in force, if required, for the import of raw material for manufacturing of jewellery shall be fulfilled at the time of export. It is seen from the above, there is already one circular no. SEEPZ-SEZ/ IA- I/Policy /46/2008-09 dated 25.09.2020 in existence in respect of broad banding of items within Chapter 71 ana hence flO separate approval is needed in respect of the goods mentioned in the said circular.

cy /46/2008-09 dated 25.09.2020 in existence in respect of broad banding of items within Chapter 71 ana hence flO separate approval is needed in respect of the goods mentioned in the said circular. The Specified Officer, SEEPZ-SEZ vide their letter dated 20.01.2020 has stated that the permission for similar goods has already been granted to other units earlier by this office. In the similar case of M/s. Renaissance Jewellery Ltd., Unit 1 & Unit V, the proposal of unit for Broad Banding of Mother of Pearl was placed before the Approval Committee Meeting held on 28.03.2019 wherein the Committee approved the proposal of the unit for Broad Banding of items subject to condition that the allied condition if required in any other law in force for the said import of items should also be fulfilled at the time of import. The Committee also noted the submission made by the unit that the mother of pearls would be sourced from overseas market and will not be procured from domestic tariff area and will be subject to the specific item and conditions of the ITC-HS Code No. In terms of Para Rule 19 (2) of SEZ Rules, 2006, "Provided that the Approval Committee may also approve proposal for broad banding, diversification, enhancement of capacity of production, change in the items of manufacture or service activity, if it meets the requirement of Rule 18". In view of the above, the proposal of the unit for Broad Banding of items is placed before Approval Committee for consideration in terms of Rule 19 (2) of SEZ Rules, 2006 read with Instruction No.

In view of the above, the proposal of the unit for Broad Banding of items is placed before Approval Committee for consideration in terms of Rule 19 (2) of SEZ Rules, 2006 read with Instruction No. 91 dated 28.11.2018 and DGFT Notification No. 43/2015-2020 dated 05.11.2018 and subject to condition that the mother of pearls wou!d be sourced from overseas market and will not be procured from domestic tariff area and also subject to the specific conditions of the ITC-HS Code.

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I I . I I I , _ , U' I '.., I ' -.&- GOVT. OF INDIA, J>-e...eJn D..· OFFICE OF DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, MINISTRY OF COMMERCE & INDUSTRY, ANDHERI (E), MUMBAI-400 096. Tel: 022-28294751 Fax: 022-28291754, E-mail: dcseepz-mah@nic. in ***' NoSEEPZ-SEZ/IA-I/NUS/ APL/GJ-17 /06-07 /VOL-III 1 Dated.14.01.2021 0 OS8L To ~ Specified Officer SEEPZ-SEZ Andheri(E) Mum bai - 400 096 Sub Permission for Broad Banding of items Sir, Kindly refer to the subject mentioned above. Please fmd enclosed herewith a copy of letter dated 08.01.2021 received from Mfs. D. Navinchandra Jewels regarding permission for Broad Banding of items. You are, therefore, requested to submit your comments in this regard. Yours faithfully, ~· (Keshav Jadhav) Asstt. Development Commissioner SEEPZ-SEZ

I

DNJ D. N avinchandra Jewels Date: 08th January 2021. To, The Asstt. Development of Commissioner, SEEPZ-SEZ, Andheri (E), Mumbai-400096. Dear Sir, Sub: Grant of Permission for Broad Banding facility IECCode: 2702000193 Ref: Our present LOA no.:SEEPZ-SEZ/NUS/APL/GJ-17/06-07 /3350/18332 dated : 25.08.2017 Jewellery Manufacturing. Your Ref: SEEPZ-SEZ-IA-1/NUS/APL/GJ-17/06-07/VOL-fll/16496. We are in receipt of above your letter about our Permission for Broad Banding facility. Kindly note as Mother of Pearl for the sake of brevity herein after known as [ MOP ] coming in restricted items as per second schedule column (2) and (3) respectively and as such we have to ask for the separate permission for the same, point wise replies to your queries as under; (i) Proposed jewellery pieces to produce jewellery studded with MOP: 1000 per year. (ii) lTC HSN Classification for procurement of ~OP in Loose form is 960 ~.9020 and export of jewellery studded with MOP will fall under Chapter 71 . ~ (iii) Procurement of MOP is restricted, hence we seek your permission of procurement the said material. (i') designing and manufacturing facilities will be common and have similar process in relation to the existing products. (v) apacity utilization will be same as earlier, does not need enhancement in capacity. (vi) Does not need additional investment for the set up as manufacturing facilities will remain the same. (vii) Manufacturing process and flow chart will remain the same as per existing products-Attaching the Flow Chart.

onal investment for the set up as manufacturing facilities will remain the same. (vii) Manufacturing process and flow chart will remain the same as per existing products-Attaching the Flow Chart. We hope the above points will clarify your requirement for Broad Banding of studding process of Mother of Pearl. ~ We request you to grant us permission for Broad Banding facility at the earliest

Thanking you Yours faithfully, For D.Navinchandra Jewels Auth~gnatory www.dnavlnchandra.com .- ·- ... _ ....... .. "/· .f:,.-n._.,, ,,,.,.... ...~ .. -......

' . -. .. ' ~ ·t .. . ' ~ . "t Plot# 2 & 3, Opp. Gems & Jewellery Complex 2, SEEPZ • SEZ, Andheri (E). Mumbai 400 096 INDIA : · • Tel: +91 22 6195 9000 Fax: +91 22 6691 9954 email: sales dn'ewels.net

t . . 1-• I . I I +

1. 1 Regular Order Master 1 I 1 M1P-DIA Dept Stu ded Wax Setting Dept ~ Tr1e Investment PRODUCTION FLOW CHART Customer places order ! Order Received & Confirmed ~ • Model Making Casting (GC) Dept. (Findings) .,_. _ ___,

Grinding 'rilltg ..----~-.., :Mlal Setting Dept. ! Pre tollsh +---' Potsh Stimping Rhodium & loose Stones FQC ~ Packing t 3rd !arty Q.C !Finish Goods (Ready) t Export I ~ 2. Sample Order t t MOP-Diamond Breakup Style

Setting Dept. ! Pre tollsh +---' Potsh Stimping Rhodium & loose Stones FQC ~ Packing t 3rd !arty Q.C !Finish Goods (Ready) t Export I ~ 2. Sample Order t t MOP-Diamond Breakup Style

' • D.NAVINCHANDRA JEWELS Apply for Broad Banding Facility SrNo. Descripitlon of Import rrc HSN Oasfficatlon 1 Mother of Pearl 96019020 SrNo. Descripitlon of the Items to be newly manufactured lTC HSN Oasificatlon Annual Capacity 1 Gold, Silver, Platinum Jewellery Studded with Mother of Pearl 71 1000 Pcs/Prs (One Thousand Pcs/Prs Only) Below Is the Approved Item (s) of manufacture Sr. No. Approved Broad Banding Items Unit Annual Capacity 1 3KT Gold and Finding Jewellery % 5% of FOB Value of Export Of Previous Year 2 Brass Plain and Studded Jewellery % 3 Ceramic Gold Plain and Ceramic Gold Studded Jewellery] " 4 Ceramic Silver Plain and Ceramic Silver Studded Jewellery " 5 Steel Plain & Studded Jewellery % 5% of FOB Value of El<port Of Previous Year 6 Gold Plain Jewellery Pes. 1000 Pes. (One Thousand Pes. Only) 7 Silver Plain Jewellery Pes. 1000 Pes. (One Thousand Pes. Only) 8 Platinum Plain Jewellery Pes. 500 Pes. (One Thousand Pes. Only)

d Plain Jewellery Pes. 1000 Pes. (One Thousand Pes. Only) 7 Silver Plain Jewellery Pes. 1000 Pes. (One Thousand Pes. Only) 8 Platinum Plain Jewellery Pes. 500 Pes. (One Thousand Pes. Only)

DNJ D. N avinchandra Jewels Date: 17th December 2020. To, The Development of Commissioner, SEEPZ-SEZ, Andheri (E), Mumbai-400096. Sub: Broad Banding Permission for Import-Export of Mother of Pearl. IEC Code: 2702000193 Ref: Our present LOA no.:SEEPZ-SEZ/NUS/APL/QJ-17/06-07/3350/18332 dated : 25.08.2017 Jewellery Manufacturing. f#' Dear Sir, We Manufacturer Jewellery for more than two decades now and have a good experienced work force During our marketing survey and client meetings, we are often asked for entering to new area of jewellery studding with Mother of Pearl, hence need to procure MOP for manufacturingjewelfery and cater to our Clients/ Buyer. It IS important to note here that it is a part of changing fashion trend. We have opportunity for expanding our business, We intend to enter in the field import-export of studding of Mother of Pearls to fulfill the requirements of our overseas clients. ..____ We will import Mother of Pearl from DTA unit, Zone to Zone as well as Import from our buyers as per SEZ procedure and will keep separate stock of Mother of Pearl. We hereby request you to grant us the permission for the Broad Banding at the earliest, we are enclosing herewith revised projection to incorporate the same in our LOA. Thanking you Yours faithfully, For D.Nwels Authotory www.dnavlnchandra.com ' . ' ' Pfot # 2 & 3, Opp.

, we are enclosing herewith revised projection to incorporate the same in our LOA. Thanking you Yours faithfully, For D.Nwels Authotory www.dnavlnchandra.com ' . ' ' Pfot # 2 & 3, Opp. Gems & Jewellery Complex 2, SEEPZ • SEZ, Andheri (E), Mumbai 400 096 INDIA • • . • rn'l .

SEZOnllne-System Generated Application for Broad Banding Request Form ReguestiD: 422000246990 Submission Date : N.A BROAD BANDING REQUEST DC Name: DC SEEPZ SEZ Mumbai SEZ Name: SEEPZ Special Economic Zone Entity Name: D. Navinchandra Jewels PLOT NO. 2 & 3, OPP GEM & JEWELLERY COMPLEX II,SEEPZ, SEZ, Entity Address: ANDHERI (EAST),MUMBAI, Maharashtra India 400096 LOA Issued for: Unit LOA No.: LOA Issue Date: 11-May-2007 LOA Expiry Date: Type of SEZ: Gems And Jewellery SEZ Sector: Major Industry: Gems And Jewellery Minor Industry : Details of Broad Banding Request : Dear Sir, We Manufacturer Jewellery for more than two decades now a nd good experienced work force During our marketing survey and ell ·ngs, we are often asked for entering to new area of jewell ery studdtng with Mother of Pearl, hence need to procure MOP for manuf actunng jewellery and cater to our Clients Buyer. It is importa nt to note here that it is a part of changing fashion trend. We have o pportunity for expanding our business, We intend to enter In the field tmport-export of studding of Mother of Pearls to fulfill the requirem ents of our overseas clients.

fashion trend. We have o pportunity for expanding our business, We intend to enter In the field tmport-export of studding of Mother of Pearls to fulfill the requirem ents of our overseas clients. We will import Mother of Pearl from D T A U111t Zone to Zone as well as Import from our buyers as per SEZ pro cedure and will keep separate stock of Mother of Pearl. We hereby r equest you to grant us the permission for the Broad Banding at the ea rhest. we are enclosing herewith revised projection to incorporate th e same in our LOA. Request reason and description : Broad Banding Permis~1on for Import-Export of Mother of Pearl SEEPZ-SEZ/NUS/APL/GJ-17/06- 07/3350 24-Aug-2022 Gems And Jewellery Diamond Or Precious And Semi Precious Stone Jewellery ---~--------------------------------~~~ Page No :1 of 1

t~:En FIVE Y ~ARS- REVI$::0 FOREIGN EXCHANGE BALANCe SHEET I I I 1ST 2ND (A) FOREIGN EXCHANGE EARNING 1:,425.00 11,730.00 (i) (based on fob value of exports of Arn,re production) II) Expor· of Jewellery studded w1th MothN of Pearl .. To -~·'.L 11,425.00 11 ,730 .' ~J (B) FOR1:'GN EXCHANGE OUT GO :

(i) lmpor of machinery 43 49 (ii) lmp~rt of raw materials and 8,635 8,775 compon~nt s

(Ill) Imports of spares and consumables so 55 (lv) Repat~1ation of dividend profits to foreign collaborators. (v) Royalt~

(vi) Lump sum knoNhow fees

(vii) Des1gn & Drawing fee

• • -· (VIII) Payment training of indian

technic1ans abroad.

--

liXJ commis~1on •)n Exports etc.

ators. (v) Royalt~

(vi) Lump sum knoNhow fees

(vii) Des1gn & Drawing fee

• • -· (VIII) Payment training of indian

technic1ans abroad.

--

liXJ commis~1on •)n Exports etc. ~

(x) Foreign rravels 25 ___ __ yl

(xi) Amount of interest to be paid on external commercial borrowing/ defered payment credit .. (specrfy details) (xii) Any other payments 20 22 TOTAL 8,773 8,928 I (xlll) NETFOR8GNEXCHANGE 2,652.00 2,802-0') (xlv) N.F.EXCHANGE IN FIVE YEARS 23.21% 23.89% Total 24.11% 3RO 4TH 11,885.00 12,285.00 so.oo I 60.00 -I 11,93S.Ot' 12,345.00 I I 57 65 8,870 9,165 57 60

--

--

3~ 32

24 26 9,038 9,348 2,897.00 2,997.00 24.27% 24.28% ;-;-~ I I • ._ It' "" ~ .... - ANNEXURE-A (2017-2G22 I (" US S = RS 73 00)

5TH TOTAl. IN LAKHS I 12,680.00 60.005 00 70.00 18000

12,750.00 60,1!15.00

---

72 286 9,390 44,835 65 287

'

I J 33 147_ ~ :

28 120 9,588 45,675 3,162.00 14,510.00 I I 24.80% 24.11% I

.005 00 70.00 18000

12,750.00 60,1!15.00

---

72 286 9,390 44,835 65 287

'

I J 33 147_ ~ :

28 120 9,588 45,675 3,162.00 14,510.00 I I 24.80% 24.11% I

........... 1026 ?-6 ~ .Sectior XX Chapter 96 IllS COO£ lT!M OI:SOUPTtON liNrr a.urc trncTtV! PU. !CST sws TOTAL I'OUCY RC(.W(.S ~ 111 (l} Cl l !41 m !61 m (8) !'! (10) Cll) 96019090

Other kg. 10.00 10.00 u.oo LOO 24320 Res · ed --- 9601 HG Worked articles of ivory. bone. kg. 10.00 10.00 u.oo 1.00 24320 ~ Nifn 2212018-rr -::::;:::::-- tortoise shell. hom. antlers. coral (Rate) mothe! of vea.rl. seashell other aniDW arving ~terial 9601 • Worked corals other than articles kg. 10.00 10.00 5.00 LOO 16.550 of corals 9602 Worked veget.i.ble or minenJ carving material and articles of these naterlals; Moulded or carved uttcles of wax. of stearin. of natunl gums or natu· r~ resins oz of modelling pastes. and other moulded or carved articles, not elsewhere specified or included: Worked, unhant· ened gebtin (except gelatin of he~ln8 35.03) and articles of 11 .lhardened geliltin 960200 · Worked vegetable or mineral ca.: •aJlg llliltertal and articles of u-.~e mateiUls; Moulded or #' carved iU11des of wax. of stearin. of naturill gums or natural resins or ~ modelllna pilStes. and other moulded or carved articles, not elsewhere specified or included; Worked. uuhardened geb.tin (ex· cept geat:W of heading 35.03) and articles of unhardened gelatin: 96020010

Worked vegetilble carving mate- kg.

d articles, not elsewhere specified or included; Worked. uuhardened geb.tin (ex· cept geat:W of heading 35.03) and articles of unhardened gelatin: 96020010

Worked vegetilble carving mate- kg. 10.00 10.00 18.00 1.00 30.980 Free rial & articles thereof 96020020 ·- Moulded or carved articles of wax. leg. 10.00 10.00 18.00 LOO 30.980 Free stearin. Dilturill guma &: resins & other moulded/ carved articles 96020030

Geb.tin capsules. empty kg. 10.00 10.00 18.00 LOO 30.980 Free 96020040

c :.her articles of unlwdened gell- kg. 10.00 10.00 18.00 LOO 30.980 Free tin ~020090 ··- Other kg. 10.00 10.0C• 18.00 1.00 30.980 Free 9450:l HG Worked vegetable or mineral leg. 10.00 lC ·)(' u.oo LC•J 24320 Ntfn22/2018·IT CaJvlng. articles thereof, articles of (Rate) wax. ol stearin of ~tur.ll gUID5 or natural resina or of mode!Hng pa.,tes etc. (lnduding articles of i' ~B lac. shellac~ Br00m5, }'o.-~o;hed (includina brushes con.ui~ting parts of ma.chine, appliilnces or vehi· cles), hand-operated m.achania.l floor sweepers, not motorised. mops and feather dusters; Pre- pued knots and tufts for broom or brush-making; Pilint pads and rollers: Squeegees (other than roller squeegees) 96031000 • •. Broomsticks (other than consist- u 20.00 20.00 5.00 2.00 28.100 Free ing of twigs or other vegetable materials. bound tog'!!th<i!!, w!th or without handles) 96031000

• aroorns and brushes. consisting of u 20.00 twings or other vegetable mater!· 10.00 18.00 2.00 43.960 Free als bound together.

erials. bound tog'!!th<i!!, w!th or without handles) 96031000

• aroorns and brushes. consisting of u 20.00 twings or other vegetable mater!· 10.00 18.00 2.00 43.960 Free als bound together. with or with· out handles

~ection XX Chapter 96 liS CODE 9617 9b1700 96170011 961700U 961700 13 96170019 96170090 9618 ' 961900 96190010 9619 0020 9619 0030 96190040 96190090 9620 ITtM DESa!P'TlON (l ) Vaccum n~ and other vac- cum vessels. complete with cues: Parts thereof other thm glass inners

• Vaccwn flasks and other vaccum vessels. complete with cases; Parts thereof other than glass ln- ners: -- Vaccum flasks and other vaccwn vessels. complete with ases: -- - Vaccum flasks having a capadty kg. not exceeding 0.75lltre

Vacuum flasks having a capadty kg. e;ccet:ding 0.75litre ·- :asserol and any other vacuum leg. containers -·Other kg.

Parts (other than glass fnners) kg. T;Ulors' dummies and other lay kg. fiJUies; autom.ltl and other .mlmoated dJsplays used for ahop Sanitary towels (p;ads) and tml· pons. noapldns and n.apldn linerl' for babies and similar vticles, of any rn;ater1al · Sanitary towels (pads) and tmt· pons. n;apldns and mpldn lln.ers for babies and similar articles, of any material: -· s.mltary towels (pads) or sanitny kg. napkins -Tmlpons leg. -Napkins and napkin liners for kg. babies -· Cl.luical diapers kg. -·Other kg. Monopods. Blpods.

articles, of any material: -· s.mltary towels (pads) or sanitny kg. napkins -Tmlpons leg. -Napkins and napkin liners for kg. babies -· Cl.luical diapers kg. -·Other kg. Monopods. Blpods. Tripods and u similar 4rtides f-y) Policy Conditions of this <:mpter I 1-S \ 1 , 031 20.00 20.00 18.00 2.00 43.960 Free 20.00 20.00 18.00 2.00 43.960 Fr~ 20.00 20.00 18.00 2.00 43.960 Fr~ 20.00 20.00 18.00 2.00 43.960 Free 20.00 2CI.OO 18.00 2.00 43.960 Free 10.00 10.00 18.00 LOO 30.980 Free 10.00 10.00 0.00 LOO uooo Free 10.00 10.00 0.00 LOO uooo Free 10.00 10.00 12.00 1.00 24.320 Free 10.00 10.00 12.00 tOO 24.320 Free 10.00 10.00 12.00 1.00 24.320 Free 10.00 10.00 18.00 1.00 30.980 Free (l) Import of wild aninWs (including their parts and products) ;as defined in the Wlldlife (Protection) Act. 1972 (;as amended from time to time) is cnhlhlt••n and in respect of those species listed in CITES. ts subject to the provisions of CTES. Ex~ption Notifications Pleue see all Customs, Excise duty exemption noti&:ations and Gener;at Exen1ption notlllcat1ons relating to Cotmtry, Export Promotion. £xhlbltions. Fairs. Seminars. Gifts. Donoatioas, Art. CUlture, Rep;airs, Miscellaneous. Sports and Defence etc. in Part·U.

d Gener;at Exen1ption notlllcat1ons relating to Cotmtry, Export Promotion. £xhlbltions. Fairs. Seminars. Gifts. Donoatioas, Art. CUlture, Rep;airs, Miscellaneous. Sports and Defence etc. in Part·U.

---.- .i ~.:.

:

';" ~ -:- 'J '":~ .. s~--::::..::.:.

~---·-- -'....~: 3:rvc:..C.-:..anC.:l:.g of ~tf:mS l ; ·~tt:d ,.,.. (\ . ~ H:r 7l I~C:.i:1- reg. -L .:.... ...... · .... :: . ' -t:l- :'.1-,:)- -···-···-- ..... . , .... ., __ 1"~'!:i....., -- ~ ...... - ........ 1 •f '

• ~ ' 7: -

.-, m«1 ~ I GOVERNMENT OF INDIA, ~ ~ ifiT Cf>I'Q~<'I4 I OFFICE OF DEVELOPMENT COMMISSIONER .., ~ m 3fT'ftiq; fcn)"f -I SEEPZ SPECIAL ECONOMIC ZONE /~r/5$ l.}( I ~~.Jr; I <ll~.:r4 'QCi" ~ ~I MINISTRY OF COMMERCE & INDUSTRY, 3tVtt (~), ~ I 096 400 - ANDHERI (EAST), MUMBAI- 400 096. hfttrel: 022-28294756 I 28294799 m-tFax: 28291754, t,.m;riE-mail : dcseepz-mah@nic.in, il•HII$c:!Web-site: www.seepz.gov.ln 1~'~. YEARS OF I CELEBRATING lHE MAHATMA I F. No. SEEPZ-SEZIIA-1/Policy/46/2008-09 Date : 25.09.2019 CIRCULAR Sub : Broad-banding of items listed in Chapt~r 71 of Customs Tariff- reg.

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It is observed that, in spite of this office' instructions on the captioned subject vide letter No. SEEPZ-SEZ/IA-1/Policy/46/08-09/3042 dated 25.03.2009, the units are still approaching this office seeking Broad-banding permission. It is therefore once again reiterated that, so long as articles remained classified under sub heading 7113, 7114, 71 16.

e units are still approaching this office seeking Broad-banding permission. It is therefore once again reiterated that, so long as articles remained classified under sub heading 7113, 7114, 71 16. 7117 and 7118 of Chapter 71 of the Customs Tariff (excluding articles of Base metal clad with Precious Metals), there is no need to 'lpproach the Development Commissioner's office for Broa~ .. banding permission. t·:owever, when the Articles get classified under 7115 and/or are excluded from Chapter 71 by nctes under Chapter 71 of the Customs Tariff or are articles of Base Metals clad with Precious metal, Broad- banding permission will have to be obtained. It is also informed that the goods classifiable utlder the aforesaid tariff heading should be in compliance with Instruction No. 91 dated 28.11.2018 and DGFT Notification No. 4312015-2020 dated 05.11.2018. Further condition of any Allied Act or any other law in force, if required, for the import of raw material for manufacturing of jewellery shall be fulfilled at the time of import. This issues with the approval of Development Commissioner. .''· .. . . i / (<.;.P.S. CHAUHAN} ) ,. JOINT DEVELOPMENT COMMISSIONER I , SEEPZ-SEZ Copy to:-

1. The Development Commissioner, SEEPZ-SEZ
2. The Secretary, SEEPZ Gems & Jewellery Manufacturers' Association (SGJMA)
3. All Gems & Jewellery Units under SEEPZ-SEZ.
4. Notice Board
5. Office copy. I

Development Commissioner, SEEPZ-SEZ 2) The Secretary, SEEPZ Gems & Jewellery Manufacturers' Association (SGJMA) 3) All Gems & Jewellery Units under SEEPZ-SEZ. 4) Notice Board 5) Office copy. I

• To, File No. K-43014(22)/25/2018-SEZ Government of India/ Bharat Sarkar Instruction No.~.~. Ministry of Commerce and Industry/ Vanijya aur Udyog Mantralaya Department of Commerce/ Vanijya Vibhag SEZ Division

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Dated$November, 2018 Ali Development Commissioners, Special Economic Zones. Subject: Applicability of Notification No. 43/201 5-20 dated 05.11.2018 to SEZ units- reg. Sir/ Madam, I am directed to refer to the DGFT Notification No. 43/2015-2010 dated 05. 11.2018 (Copy enclosed) allowing exports of findings like posts, push backs, locks which help in collating the jewellery pieces together, containing gold of 3 carats and above upto a maximum limit of 22 carats from Domestic tariff area EOUs and to say that the provisions contained in the aforesaid Notification will be applicable Mutatis Mutandis for SEZ Units. Er1cl: DGFT Notification No. 43/2015-2020 dtd 05.11 .2018. A.':~ (G.~ Under Secretary to the Government of India Ph:01 1-2306 2496 E-mail: srinivasan.g@nic.in

Mutatis Mutandis for SEZ Units. Er1cl: DGFT Notification No. 43/2015-2020 dtd 05.11 .2018. A.':~ (G.~ Under Secretary to the Government of India Ph:01 1-2306 2496 E-mail: srinivasan.g@nic.in

• • Govcrnme·'t of India Mrn.str; of Co nrncrr.p & 11dL•slry ") ·pctori-ltr; Gcr,,,r ·1' ,Jf 1- ore:gn Trace ! ' ,:Ty 4 Sr:::..~ ' { ,,~, No 210 't ··; 1 '•111 1n Notification_!y.Q.~/2015-2020 New Delhi datecfo.(Novcmber, 2018 S JOject Amendment in Parn 4 32(i) of Cre1p er 4 ar1d in Para 6.01 (a) of Chact· ·• • . t t • i:.ormgn Trade Policy 20Ei·20. ' r, £[): 1'1 exercise of powers conferrea 1 y ~ect!OrJ 5 of FT(D&R) Act, 1992. r ~·- t 1 ~Jf.Jph 1 02 of the Fore•gn Trade Pol cy, ?015-20, as arnended frorr t'rra: .u i111C:, ·~ Centra: Government here:ly makes fo low1ng amendrnBnt n Para 4.32(i) of C1CJp1e• ·l 1 •a Para 6.01 (a) of Chapter 6 of Foreign Trade Policy 2015-20 ·' Existing Para 4.32(i) of FTP 2015 20:- 'Go~d jewellery, ncluu ng pa'i1y )recessed jcwc'lc'y and <1'1.c1c , . 'T1eda1:1ons and co~n~ (exciud ng lc pl render coins). whether pian c~· ~t contam1ng gold of 8 carats iJ!ld abo'.e ~·P to a rnaxmn.:fTl ilm1t of 22 cara•:, Tnc nmcndcd Pnra 4.32 (i) of FTP 2015-20:- Co c jewc.lery, •nl'ol t1 no P<l tiv 'l'e(;.1!'ions an<J c.o!ns 1 ·~:(~lvc ,,~,; :onta."'i"g go'd o: 8 cnrJts a' J < ', 'l'r•~Ps •• cCi 1ewc If rv and a1:c c . • t"'ll J 'r C'Jil5}, 'dt'Citler pan ,-.· .. v o, 'Tlax·rr,.r •111 t of)/ .a'< · ' (' ' .I ... ll1e -Hnd1ngs l:ke -post:;, p st' bac:<s.

Jts a' J < ', 'l'r•~Ps •• cCi 1ewc If rv and a1:c c . • t"'ll J 'r C'Jil5}, 'dt'Citler pan ,-.· .. v o, 'Tlax·rr,.r •111 t of)/ .a'< · ' (' ' .I ... ll1e -Hnd1ngs l:ke -post:;, p st' bac:<s. locks which help in co ·11 rg tt1c 1..:·.vellery pieces together, contn n.ng gold of 3 carats and above .;:; o e1 r"1Ax mum limit of?? c;;1rnts." Existing Para 6.01 (a) of FTP 2015 :o· •\n ~:oUIEH fPI~ r 8/8 fP L!'l: '1; )- '}' •. , oJ I Kinds o' qJOtl'> Clnrl c;e1v •:! .. • thr~t <J((: ~,r ,hibih!J in :rqh~)) u.vover eXi.Ju•t of gold jcvtc'it.r) u 1 part1y processcJ jewe1 ery. wnethcr ,>ret nor studdea, ana rvt•cles conl • · 1 J .'o of 8 carats and rlbovo .Jplo a n 1 axo~n.m• •I mit nf 22 Gara~s only shall br- t • • • .t ·r · The amended Pdra 6 tJ1(a) of r- J 21 1!.>-20 . . \ 1-('hltrl~ 1 ,· ~P.'B1rl :..,l't r. ~.y •X,;)o'~ dl''d.1d~, u ~J(,O-.S 8rHl ~c·-v. .l• 1.~rn::; :rJdt are pr,1hrbltccJ i~1 IT C(14~l. I owcver CXf;C>rt oi gold j.;v;c:lery 1r1 IIIC r pcl'tly processed JCWe1icry whether ;JI'1 •1 or stLdded, and articles. coriclil 1ng aolr:: l)f 8 carats and above up!o <1 nvwiMum I i'1 t or 77 c::1rals on 1y st1, !II br' 1H:'I1'1ltf);!

r1 IIIC r pcl'tly processed JCWe1icry whether ;JI'1 •1 or stLdded, and articles. coriclil 1ng aolr:: l)f 8 carats and above up!o <1 nvwiMum I i'1 t or 77 c::1rals on 1y st1, !II br' 1H:'I1'1ltf);!

'I • .J II. ~~II. (, I lJ I i •• :,~ l·'' .~v •• • • ltlC1<SI lo.::Ks ''"' ch r;elp I 1 (,I I t ;:· •. .'iGiY piecl,:, U8 ;t · .. r. r l"!\d. llrl~J uold of 3 car :tts <J 1•~ d.Jc ,. 'l'axi,:lurr tirv-•t r.~r ~; • Jr;lt~ ,,.,' r..hol~ r 1 110'11\Cd' •• ' fl~ dl(' j~ h.' ·t:(~:-· : l • t Para 6.G1 :r ~ r lil ~, , 'l J1 ; j..., I Ko) pu~·tc.; 1 11 J;,: 1 b .1<; • Jt'~in r'J qo d r f j c a'a ' :~"' )2 vCJ 1 r 1.1 oJ I I :I ;"Jl domes! C : )rj' a r ' • < ~ } 1111_. ~ I {1\lr K arr ., O.rccto; G~ or • .J.r. t- ) , · P" \t .1t on.:~ I Sf.:Cf8t<-•ry to CJOV': : Fr·1~; , <

•

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AGENDA FOR CONSIDERATION APPROVAL COMMITTEE A) Proposal: - Monitoring performance of the unit for the year 2018-19 (Block period 2017-18 to 2021-22) of M/S. D. Navinchandra Jewels. B) Specific Issue on which decision of AC is required: - Monitoring performance of the unit for the F.Y. 2018-19 C) Under the relevant provisions of SEZ Act-2005 & SEZ Rules-2006 I Instructions I Notification:- D) 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 appended to these rules". The status of NFE for the period 2018-19 is detailed below:- I Name of the Unit & Address M/S. D. Navinchandra Jewels .~ I Location Plot No. 2 & 3, Opp.

en in Annexure appended to these rules". The status of NFE for the period 2018-19 is detailed below:- I Name of the Unit & Address M/S. D. Navinchandra Jewels .~ I Location Plot No. 2 & 3, Opp. G&J Complex II,

Area 1500 Sq.mtr. LOA No. & Date SEEPZ-SEZ/IA-1/NUS/ APL/GJ- 17/2006-07/3350 dated 11.05.2007 Item (s) of manufacture Studded Gold Jewellery, Studded Silver and Platinum Jewellery. .-. Date of commencement of 24.08.2007 ~duction Existing Block period 2017-18 to 2021-22 Validity of LOP 31.03.2022 .---- Execution of BLUT Yes 1 Outstanding Rent dues Rs. 2,92 377.61 as on date ~our Dues NIL ~ Sub-lease agreement is Registered for 16 NIL Pending Show Cause Notice/ Eviction NIL Order/Recovery Notice/ Recovery ~ Order issued if an J ....... 2/-

• 2 Buildin 486.91 lakhs Investment till date Plant & Machiner 420.96 lakhs YES ositive NFE? FY Total Performance durin last Block Period 2012-13 to 2016-17 Export- FOB value in Projected NFE as per APR lliR NFE n Projected Export 42100.00 APR Data 65623.56 13376.00 13773.96 Performance durin the current Block Period 2017-18 to 2021-22 rea ly ont ore

AI d M •t d 2017 18 ~ Export- FOB value in Projecte NFEas NFE After INR dNFE per APR Verification FY Projected APR Data FY as per Rule I Export 53 of SEZ Rules (Rs.

d ... .1@_ IIITl_IJQ_rts of spares and consumables (iv) 1 DM· n~uon of dividend profits to lfc"i~ •u•d<un. (v) ROYaltY (vi) Lump sum 'fees ~ ~ontralningof~ I commission on Exports etc. (x) IForeiJm~ (xl) ~ o~rest to be paid on I external ~~mrm:r~;e1a1 (xli) defered payment credit ~~) (xui) I Any other payments I TOTAL ANNEXURE · A 2ND 3Ro 4TH 5TH 1U1nl'll'l 13710.00 14nnnn 60.00 70.00 ~nn ,.,.,'iOJY' 1'1,1:11 nn ·-·- 13770.00 14)Rn nn 46.07 53.26 63.33 72.52 80.64 9242.00 954o.oo 98s3.oo 10221 .oo 10514_00 52:00 57.oo 6i.so 63.75 67.50 0.00 0.00 0:00 0.00 0.00 o.oo o.-oo o.oo o.oo O.oo 0.00 0.00 0:00 0.00 0~00 0.00 0.00 0:00 0.00 0.00 0.00 0.00 0:00 0.00 0:00 0.00 0.00 0.00 0.00 22.00 24.00 26.00 28.00 30.00 0.00 0.00 0.00 ll10 15.15 17.16 9374.17 9689.41 1nn,n "" 10410.46 107ii34 1(1 US$= RS-:73.00) IN-LAKHS 661?n nn i!lo.()(J 66300.00 315.83 -49376.00 -301.!5 0.00 0.00 0.00 0.00 0.00 130.00 o:oo 84.80 2865.83 3o6o.s9 3239.ot ill9.54 3566.66 16091.62 (xv) 'f.EXCHANGE IN-FIVE YEARS 1 ~ 24.oo% 24~43" 24,4()% 24_98" 24.27%

6.00 -301.!5 0.00 0.00 0.00 0.00 0.00 130.00 o:oo 84.80 2865.83 3o6o.s9 3239.ot ill9.54 3566.66 16091.62 (xv) 'f.EXCHANGE IN-FIVE YEARS 1 ~ 24.oo% 24~43" 24,4()% 24_98" 24.27%

~ 1026 <;-6 9.-- Sectio" XX Chapter 96 IHScoot" lTD4 DlSOUPTlON L"llrT BASIC uncT1VE PRJ. I CST sws TOTAJ. POUCY ~ I ll (1) Ql (41 m !'I m (81 !'I !101 (11) 96019090 -Other kg. 10.00 10.00 u..oo LOO 24..320 Res · ed ..__ 9601 HG Worked articles of ivory, bone. kg. 10.00 10.00 12.00 LOO 24.320 ~ Ntfn 22/2018-rr -:::;:::::---- tortoise shell. hom. mtlers. coral. (Rate) mother of 9!arl. seashell other aniiiW carving ~terial 9601 • Worked corals other than articles kg. 10.00 10.00 5.00 1.00 16.550 of corals 9602 Worked vege~le or miner.U carving material and articles of these nuterlals: Moulded or carved articles of wax. of stemn, of natunl gums or natu· r~ resins or of modelling pastes. and other moulded or carved articles, not elsewhere specified or included: Worked, unh.ard- ened gelatin (except gelatin of headin& 35.03) and articles of 11 llw'dened gelatin 960200 · Worked vegeable or mineral <A: • ...ng n1<1terial and utides of t}-.~ materWs: Moulded or Cilrved uticles of wax. of stearin. of D.ltural gums or natural resins or o; modelling putes, and other moulded or QfVed articles, not elsewhere spedfied or included; Wor.lced. u11lwdened gelatin (ex· cept g~tiu of heading 35.03) and articles of UDhardened gelatin: 96020010 ·-Worked vegegble carving [l];lte- kg.

articles, not elsewhere spedfied or included; Wor.lced. u11lwdened gelatin (ex· cept g~tiu of heading 35.03) and articles of UDhardened gelatin: 96020010 ·-Worked vegegble carving [l];lte- kg. 10.00 10.00 18.00 1.00 30.980 Free rial a. articles thereof 96020020 ·- Moulded or QrVed articles of wax. kg. 10.00 10.00 18.00 LOO 30.980 Free stearin. natunl gwns & resins & other moulded/ QrVed articles 9E'02 0030 -- Gelatin capsules. empty kg. 10.00 10.00 18.00 1.00 30.980 Free 96020040

C<her articles of unh.ardened gelii· kg. 10.00 10.00 18.00 1.00 30.980 Free tin J6020090 --Other kg. 10.00 10.0<• 18.00 LOO 30.980 Free %02 HG Worked vegetable or mineral kg. 10.00 10-)(' u.oo l.C·J 24.320 Ntfn 22/2018-IT ca.Jving. articles thereof. articles of (RJJte) wax. of stearin. of natural gums or natural resins or of modellfog pastes etc. (including a.rticles of • lac. shellac) 961)3 Brooms. l>~.:~hed (indudina brushes con.'\ti~dng pMts of ~. applbnces or vebi- des). h;md-operated macha.nl.~ floor sweepers, not motorised. mops md feather dusters; Pre- pued knots and tufts for broom or brush-making; Paint pads and rollers: Squeegees (other than roller squeegees) 9603 1000 ·- Broomsticlcs (other than consist· u 20.00 20.00 5.00 2.00 28.100 Free lng of twigs or other vegetable materials, bound together. with or without handles) 96031000 · Brooms and brushes, consisting of u 20.00 20.00 18.00 2.00 43.96.:> Free twings or other vegetable materl· als bound together, with or with· out handles

ith or without handles) 96031000 · Brooms and brushes, consisting of u 20.00 20.00 18.00 2.00 43.96.:> Free twings or other vegetable materl· als bound together, with or with· out handles

• u: -e~ Stlc1ron XX "2-S\ , , 031 Chapter 96 KS COD£ tTt.M DI:SC1!Ptl0H uncTIVI ll) l) (5) 9617 Vaccum flasks and other vac- cum vessels. complete with casea; Parts thereof other than glass inners !:!bl700 · Vaccwn flasks and other vaccwn vessels. complete with cases; Parts thereof other than glass In· uers:

Vaccum flasks and other v~rum vessels. complete with cases: 96170011 -- Vaccum flasks having a capadty kg. 20.00 20.00 18.00 2.00 43.960 Free not exceeding 0.75litre 96170012 -- Vacuum flasks bavtng a capadty kg. 20.00 20.00 18.00 200 43.960 Free exceeding 0.75litre 96170013 ·- Casserol and any other vacuum kg. 20.00 20.00 18.00 200 43.960 Free containers 96170019 -·· Other kg. 20.00 2Q.OO 18.00 200 43.960 Free 96170090

Parts (other than glass lnners~ kg. 20.00 2(1.00 18.00 2.00 43.960 Free 9618 T~ors' dummies md other lay kg. 10.00 10.00 18.00 LOO 30.980 Free fliures; auto~ta and other animated displays used for abop window dresslnJ , Smitary towels (pads) md tam· pons, napkins md zupJdn Unl!1'1' for babies md sl.mlW articles, of my material . 961900 · Sanitary towels (pads) .md tmt- pons. o.apktns and mpldn Uners fClr babies and stmilar articles. of any material: 96190010

• Sanitary towels (pads) or sanitary kg. 10.00 10.00 0.00 LOO ILOOO Free napldns 96190020 -- Tampons kg.

ktns and mpldn Uners fClr babies and stmilar articles. of any material: 96190010

• Sanitary towels (pads) or sanitary kg. 10.00 10.00 0.00 LOO ILOOO Free napldns 96190020 -- Tampons kg. 10.00 10.00 0.00 LOO ILOOO Fr'ee 96190030

Napkins and napkin liners for kg. 10.00 10.00 12.00 LOO 24.320 Free babies 96190040

• · CliDical diapers kg. 10.00 10.00 12.00 LOO 24320 Free 96190090
• Other kg. 10.00 10.00 12.00 1.00 24320 Free 9620 Monopods, Bipods, Tripods and u 10.00 10.00 18.00 1.00 30.980 Free similar articles l?l Policy Conditions of this Chapter (I) Import of wild animals (including their parts and products) as defined in the WUdlite (Protecdon) Act. 1972 (as amended from time to time) is ?' prohibited and in respect of those species Usted in CITES. is subject to the provisions of CTES. I Ex=pdon Notiflcadons J Please see all Customs. Exdse duty exemption nocilications and General .Exen1ption notifications relating to Country, Export Promotion. E:lhibltions. Fairs. Semlnals. GUts. Donatioos, Art. CUlture. Repms, Miscellaneous. Sports and Defence etc. in Part-D.

s and General .Exen1ption notifications relating to Country, Export Promotion. E:lhibltions. Fairs. Semlnals. GUts. Donatioos, Art. CUlture. Repms, Miscellaneous. Sports and Defence etc. in Part-D.

. '' ..::'=::: ~ Je· .. e .... _. : ;-'j:"~--·- ~;-"' ...... '- -- -

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• :. - ~ - . ::: ~-: .-,... " ::·:..~r.'"Y ,:..:;.''-'':...· .::;.'-..t::.=...::: ~~ ., .... I .,--,;;.• .... :.::.-- ~ -·-- -- :.1b: 3:rv:.C-banC.l.::.g o: ~t:::rns li ::red 1!1 Cl. . t::!"' 71 of Custcr::1s ·r2.rif: o! .. . ... , ............ .. .., - _ . .:.d I~.:tia- reg . :o sav .~.::..- u:10::-::- l..r.a:::e:- 71 l.J ·~ -:;;::: .~- . . 'c: ::.715 t=·e::n:s:.. .. . . (. ~ .... , ...... Do"""" ... ._.. '- ---. 7:1.1, c:.pp;-oach the ~ .s \'Ll ha::e _.:...~ :)cvelc~::--.e:-.: . . ::i: ~9..:!t:

F. No. SEEPZ-SEZJIA-IIPolicy/46/2008-09 Date : 25.09.2019 CIRCULAR Sub : Broad-banding of items listed in Chapter 71 of Customs Tariff- reg. •••••••••**•• It is observed that, inspite of this office' instructions on the captioned subject vide letter No. SEEPZ-SEZ/IA-1/Policy/46/08-09/3042 dated 25.03.2009, the units are still approaching this office seeking Broad-banding permission.

his office' instructions on the captioned subject vide letter No. SEEPZ-SEZ/IA-1/Policy/46/08-09/3042 dated 25.03.2009, the units are still approaching this office seeking Broad-banding permission. It is therefore once again reiterated that, so long as articles remained classified under sub heading 7113, 7114, 71 16, 7117 and 7118 of Chapter 71 of the Customs Tariff (excluding articles of Base metal clad with Precious Metals), there is no need to Rpproach the Development Commissioner's office for Broa~ ··banding permission. •·:owever, when the Articles get classified under 7115 and/or are excluded from Chapter 71 by nctes under Chapter 71 of the Customs Tariff or are articles of Base Metals clad with Precious metal, Broad- banding permission will have to be obtained. It is also informed that the goods classifiable u11der the aforesaid tariff heading should be in compliance with Instruction No. 91 dated 28.11.2018 and DGFT Notification No. 43/2015-2020 dated 05.11.2018. Further condition of any Allied Act or any other law in force, if required, for the import of raw material for manufacturing of jewellery shall be fulfilled at the time of import. This issues with the approval of Development Commissioner. ' ' (C;.P.S. CHAUHAN) i ,. JOINT DEVELOPMENT COMMISSIONER I , SEEPZ-SEZ Copy to:-

1. The Development Commissioner, SEEPZ-SEZ
2. The Secretary, SEEPZ Gems & Jewellery Manufacturers' Association (SGJMA)
3. All Gems & Jewellery Units under SEEPZ-SEZ.
4. Notice Board
5. Office copy.

The Development Commissioner, SEEPZ-SEZ 2) The Secretary, SEEPZ Gems & Jewellery Manufacturers' Association (SGJMA) 3) All Gems & Jewellery Units under SEEPZ-SEZ. 4) Notice Board 5) Office copy.

.e To, Cli Instruction No . ...... File No. K-43014(22)/25/2018-SEZ Government of India/ Bharat Sarkar Ministry of Commerce and Industry/ Vanijya aur Udyog Mantralaya Department of Commerce/ Vanijya Vibhag SEZ Division

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Dated$ November, 2018 All Development Commissioners, Special Economic Zones. Subject: Applicability of Notification No. 43/201 5-20 dated 05.11.2018 to SEZ units- reg. Sir/ Madam, I am directed to refer to the DGFT Notification No. 43/2015-2010 dated 05.1 1.2018 (Copy enclosed) allowing exports of findings like posts, push backs, locks which help in collating the jewellery pieces together, containing gold of 3 carats and above upto a maximum limit of 22 carats from Domestic tariff area EOUs and to say that the provisions contained in the aforesaid Notification will be applicable Mutatis Mutandis for SEZ Units. Encl: DGFT Notification No. 43/2015-2020 dtd 05.11.2018. A~:~_ (G. -srfrii~~n") Under Secretary to the Government of India Ph:011-2306 2496 E-mail: srinivasan.g@nic.in

Mutandis for SEZ Units. Encl: DGFT Notification No. 43/2015-2020 dtd 05.11.2018. A~:~_ (G. -srfrii~~n") Under Secretary to the Government of India Ph:011-2306 2496 E-mail: srinivasan.g@nic.in

CcJlr' ,r ·1a 1\ ., "ry ,•f Co 1 r lJ:CP & l'ldustry Oir(:Gtoratc Ge'lC: J of r or~.gn Trade Pe:icy 4 Sectro•;, Roorn No 21 0 Udy Yl nhavan ~~tific·1t1or. l I! )J20'15-201Q N.;w DPII•i dah' ,-; ~ovemt.mr, 2018 "-'• .r:t i\rncndrnent in r..)am 4.:;2(i) of Ch.!p:e 4 and in Para 6.01 (a) of Chapter L ct tr1~1 r oreign Trade Policy 2015-20. u r )· h exercise of pow0rs confe•red :y S-:c:1or; 5 of FT(D&R) Act, 1992. "' 0• · l"•l"' 1 ()2 of tht~ t<Jrf'IQ 1 rr..dP. '·ll .'

Q '~l 20, dS , l'le.lcJCd fro 1 t "1lrr!l Go·.;crnrn~;n' n; rc:ht nwktJ . .., 'l. •.•. J amondmer n Para 4 3?(1' '3-~ £ 01 (a) of Cr>c,:Jtf!· E c f I· ·. t .' Po cy £01. ?C t-:xi::;ting Para 4.32{i) cf FTP 2015-}0·- "Gold jewellery, '11C1ud;ng partly processed JCWcllo•y and artJclr.-s "' : ''.• medallions and co:ns (excluding lcg::.l tender coins), v:hether pla,n c, ·.c. Jr • r.0'1lC'linlng gold of B ca·ats 8"0 ClbO'Jf' ~ r :()a r1aXin1!J'T1 lrmit of 22 sar, nc nmcndcd ParD 4.32 (i) of FTP lC~ 5·20:- ,old JOINCIIery, '1C'ILt! r,g pa 1fy :1'oce:,scd jewellery a11d arh:les r t,• "\J rrecallio'1s anc cons :e:xclud n~ q·,l tr::nder co1ns). whether plain or ,t .:J~.Jr! .:o1l81ning gold of? cam:c; ard <:h '•E L r; to a i'1ax mu·n irnit of// cw,: ... ThE? F 1nrlir.rr~ li:·t~ ,"lo:-,ts r ~ ..

s anc cons :e:xclud n~ q·,l tr::nder co1ns). whether plain or ,t .:J~.Jr! .:o1l81ning gold of? cam:c; ard <:h '•E L r; to a i'1ax mu·n irnit of// cw,: ... ThE? F 1nrlir.rr~ li:·t~ ,"lo:-,ts r ~ .. vl 'l~ry orecc> , togetr·e· con~:· ' ~ 'liClXImwn l1mr: c/ /~ ca·.~.f ' f xisttng Para G.01 (a) ofF TP 2015·20 . . ,..~:r. locks w~l·';h h~lp r c~ r:r:!d c' 3 c<.rals w•d a ov .. ,,., EOJ/E:I 1 1 PIS lrJ/H T P un t •. t.'Y •xn ,r. a I ~rnd!, o( quods 11nd sc.:v . ... , t .... s that nn: p• oh i::ited :1 , ! Ct H~) i u,...,cvC'!' exoort of gold jewe·l~ r• · 1 • drtiv prct.e::;scc.. ju·ol\e:·ery ·~~·~ ! ~ 1 1 a· ~tt.ddec , cJ J'l drt clcs, c ,J 1f 8 carats and ~:)o;e <.r\0 c: rrc.x r rn; rr·it o~ 22 l ~1'8.~ or1ly shall oe · '.t fhc amended Para 6.01(<:~) of FTr 2015-20:- /\·1 r-ou;nnr)tSl P/8 T ,.J un•t 11 < 1 ··xr...-.>rt rJII "'"1ds of uoods nnd s.:rv1 ,., , • );C... CXf. •! r)f qold jewr < ' r I (I"',' j;::r> ' :-' r.: wt des, 1';['1 t • I: • ' / ' 'r d • 0.1 y shal 1

P/8 T ,.J un•t 11 < 1 ··xr...-.>rt rJII "'"1ds of uoods nnd s.:rv1 ,., , • );C... CXf. •! r)f qold jewr < ' r I (I"',' j;::r> ' :-' r.: wt des, 1';['1 t • I: • ' / ' 'r d • 0.1 y shal 1

' ~· \ , 1. 'I ;, lJ, ), tl;,>(S ,t'u •tJI nCJ•( J I 1 1° ·.L. ·y ''i ~< 1 !ju • .r. I 1 tj qu l u' 3 ~:<'lc .f d1d rJ.A 1 ,·r .. ,fr r. ·, r•' · • ·. r .. lit wed r t .. )L'l of u.·,, t·:utir ,;L:· •' p J ~. :.:.\I,, id Para 6.0'(<. of Fore (j"' I • : • l, 3r 2 a:ne. 1~.(' ~o L ·. ··~ c·x·:; , 11 < • 119 It (• J "' '. '. J 1 ' ' ~:, :~ • ' : l ' I ' ' il p l •' I. ~ . . ·- . · I f I I . ; ~. 'l.JS I o<n pos'. ~Ji>h b8·.;>.~~ '' ,•~j., r·n fJ.:''d ( f 3 "'a ; [1\lok Vardbtw r • • ·l

Q,rectoi Gcre~f r= )i' t,,,·,al S >ere d~""~ to Go•, .. , Frr J.2J6 1AL~ r9/! •..;-41

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AGENDA FOR CONSIDERATION APPROVAL COMMITTEE A) Proposal: - Monitoring performance of the unit for the years 2018-19 (Block period 2017-18 to 2021-22) of MIS. DNJ Creation LLP. B) Specific Issue on which decision of AC is required: - C) Under the relevant provisions of SEZ Act-2005 & SEZ Rules-2006 I D) 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 appended to these rules". Name of the Unit & Address M/s. DNJ Creation LLP Location Unit No. GJ-20, SDF-VII, Unit No. G- t Area 17, G & J Complex-II I GJ-20 618 Sq mtr. I I G-17 659 Sq mtr. I LOA No.

o these rules". Name of the Unit & Address M/s. DNJ Creation LLP Location Unit No. GJ-20, SDF-VII, Unit No. G- t Area 17, G & J Complex-II I GJ-20 618 Sq mtr. I I G-17 659 Sq mtr. I LOA No. & Date SEEPZ-SEZ/IA-1/NUS/ G&J/ 2011 - 12/8971 dated 28.06.2012 as I amended ltem(s) of manufacture Gold/ Silver / Platinum Studded . - Wllh Diamonds and precious Stoned I Date of commencement of 08.10.2012 _production Existing Block _period 2017-18 to 2021-22 Validity of LOP 07.10.2022

Execution of BLUT Yes ·- NIL Labour Dues NIL GJ-20 Registered sub-lease I agreement for the period I 07.08 .2012 to 06.08.2032. I G-17 Letter sent to the unit on 26.10.2020 for I I adjudication of sub-lease agreement for the period 31.08.2020 to 07.10.2022 Pending CRA Objection, if any NIL ·- J Pending Show Cause Notice/ NIL Eviction Order/Recovery Notice/ Recovery Order issued, if any .. ... 2/-

2 Period of Monitoring of 2018- 19 Performance Whether the unit has achieved YES positive NFE?

r Investment till date Building 349.97 lakhs Plant & 238.67 lakhs -· Machinery Area occupied 7093.42 sq. ft. (659 sq. mtr.) No. of employees 283 Per sq. ft. employment 25.06 sq. ft./employees Performance during last Block Period (2012-13 to 2016-17) Export - FOB value in Projected NFE as per APR INR NFE FY FY Projected APR Data Export Total 20000.00 36711.07 6812.17 6852.82 I r- Performance during the current Block Period (2017-18 to 2021-~ Already Monitored 2017-18 .

per APR INR NFE FY FY Projected APR Data Export Total 20000.00 36711.07 6812.17 6852.82 I r- Performance during the current Block Period (2017-18 to 2021-~ Already Monitored 2017-18 . Export - FOB value Projected NFE as NFE After Verification in INR NFE per APR as per Rule 53 of SEZ FY Rules (Rs. in Lakhs) I Projected Export

FY Projected I APR Data Export I 2017-18 12000.00 8832.75 2708.86 1685.08 1683.30 r-201 8-19 12500.00 / 13908.32 2905.57 3411.70 L,.........- 3402.87 Total 24500.00 22741.07 5614.43 5096.78 5086.17 Per sq. ft.- exports in the APR 1.96 lakhsjSc}.ft. period Quantity & value of unutilized Rs. 17,76,505/- goods exported under Rule 34 of I SEZ Rules

1. Foreign Rs. 2,05,515/- I Travelling

Rs. 19,046/- Other FE Outflow Membership . details & Subscription Fees

Rs. 2,24,561 /- Total r-

Whether any Export proceeds are No outstanding? (As per APR 2018-19 submitted by L th e unit) I ..... 3/-

tflow Membership . details & Subscription Fees

Rs. 2,24,561 /- Total r-

Whether any Export proceeds are No outstanding? (As per APR 2018-19 submitted by L th e unit) I ..... 3/-

3 ...;_ Wh '--=.:..e .:....t.:..:h .::...e.:..:r;......::.;::..:.a.:..:n.:..:y..:......;::..:.S"""C.::...N~.:..:p...::.e:...n"""'d ...::.in ..:..:..:.:g= .... fo- r--'-.::...N.:..:o:..:.. >..:..(A.:..::..:.s.:..p.::...e:...r.::...r.:....e::...:c:...:o...::.rd'--=.:..in:....::.:.fi.:..:ll:..L.e ) ______ j I adjudication Whether Audit objection pending No (As per record in file) The APR monitoring for the unit M/s. DNJ Creation LLP was already done till2017-18. Now the proposal for monitoring of APR for the year 2018-19 is being submitted. The L.O.A. of the unit is valid upto 31.03.2022. A Comparison chart with details of APR Vis-a-vis NSDL data & Amortization chart are placed opposite. The Unit had submitted online APR till 2018-19. The u n it has achieved positive NFE during Monitoring Period of 2018- 19. The unit submitted the value addition carried out against the export during the reporting period as prescribed below:- Year Export (In lakhs) Value addition % 2018- 19 13908.32 24.53% As per the APR of 2018-19 submitted by the unit, there is no Foreign Exchange realization pending beyond the permissible time limit. The performance of the Unit for the period 2018-19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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eyond the permissible time limit. The performance of the Unit for the period 2018-19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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Year ( APR data F.Y.) 1 2 3(a) 2017-18 8832.75 2018-19 13908.32 Total 22741.07 Achieved A_ NIX:,J_RI:-A Mj<,. D:\j <. Rl A 1 10~.1' iQ.l,\ '1\JC Hf'\DRA Cl;_M~ I'\ 1.1 I D.ll OA NQ: SffPZ Sf7j1A_ILIIJUSL1J'1/CJ{.!Oll-12 D"h'~ 28.01>,2012 I )Jte of Commenn•nwnt of production: 08.10.2012 EXPORT, IMPOHT & Nff DA I A !'OR fY Yl AR 2018-19 ( 2017-18 to 2021-22)

Export v a) ue as per IMPORT value as per- NSOL dala FOB I xport Projected Import I 1/NSDI.- Projecttod Amortise Amortised APR-data (Raw APR-data as per !'rejected value found Foreign during the data Import d value as value ofCG material verification Foreign during APR Earning year-APR per APR 10o/oasper consumed (Raw maleri;J) exchange verification as (Raw+ CG) rule 53 of ~amorhscd"'"Outfl consumed earning per rule 53 of sc;z Rules. ow) +amortiscd+Out SEZ Rules. now) 3 ·I 5 6 7 8 9 10 11 12 13 4A(b)+.JB(i) 413(vi) 4A(h)+9+APR(5) 4A(h)+(10)+APR I APR COIUIIUI (6) (5) 9027.66 883275 12000.00 6974.87 123R 40 9257.1-l 8.55 10.33 7147 67 7149.45 2708.86 13913.6 1390812 12500.00 4226.80 607.!!7 9555.43 9.85 18.68 10-196.62 10505.45 2905.57 22941.26 22741.07 24500.00 11201.67 1846.27 18812.57 18.40 29.01 17644.29 17654.90 5614.43 !'>IE N.

390812 12500.00 4226.80 607.!!7 9555.43 9.85 18.68 10-196.62 10505.45 2905.57 22941.26 22741.07 24500.00 11201.67 1846.27 18812.57 18.40 29.01 17644.29 17654.90 5614.43 !'>IE N. per After On APR Verificnho Cumulativ 11 as per c Basis Rule 53 of SLZ Rules. 14 15 16 APR (7) (4-12) 1685.08 1683.30 1683.30 3411.70 340287 508617 5096.78 5086.17 5086.17

YEAR CG IMP. 4B(V) 2012-13 96.97 2013-14 1.87 2014-15 1.98 2015-16 0.00 2016-17 0.00 2017-18 2.51 2018-19 83.44 TOTAL 186.77 ANNEXURE- B M/S.DNJ CREATION LLP (D.NAVINCHANDRA GEMS PVT.LTD.) LOA NO: SEEPZ SEZ/IAI/NUS/APL/GJ/Z011-12 Date : 28.06.2012 Date of Commencement of production : 08.10.2012 AMORTISED VALUE 12-13 13-14 14-15 15-16 16-17 17-18 101Yo 10% 10% 10% 101Ytl 10% 67.88 9.70 9.70 9.70 9.70 9.70 9.70 1.12 0.19 0.19 0.19 0.19 0.19 0.99 0.20 0.20 0.20 0.20

0.50 0.25 8.34 78.84 9.70 9.88 10.08 10.08 10.18 10.33 Value in Lakhs 18-19 Total 10% 9.70 67.88 0.19 1.12 0.20 0.99

0.25 0.50 8.34 8.34 18.68 78.84

0

0.50 0.25 8.34 78.84 9.70 9.88 10.08 10.08 10.18 10.33 Value in Lakhs 18-19 Total 10% 9.70 67.88 0.19 1.12 0.20 0.99

0.25 0.50 8.34 8.34 18.68 78.84

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AGENDA FOR CONSIDERATION OF APPROVAL COMMITTEE A. Proposal: - Monitoring perform ance of the unit for the years 2018-19 (LOA Block period 2018-19 to 2022-23 of M/S. Aplab Ltd. ' B. C. Under the relevant provisions of SEZ Act-2005 & SEZ Rules-2006 I 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 appended to these rules". l. Achievement to NFE on Cumulative Basis during the block period:- The performance of the Unit has been monitored in terms of Rules 53 of SEZ Rules, 2006 as under:- D. The status of NFE for the period 2018 -19 is detailed below:- Name of the Unit & Address M/s. Aplab Ltd., Location Unit No. 37, SDF-II Area l 37 j 735 Sq.mtr J I37Pan j 41 S_g.mtr J LOA No. & Date 8/7 /68-EPZ dated 20.11.1977 as amended Item(s) of manufacture Oscilloscopes, Power Supplies Inverters Date of commencement of 01.06.1978 production 2018-19 to 2022-23 Validity of LOP 31.03.2023 ,__.....- Execution of BLUT Yes Rs. 6,61,766/- as on date Labour Dues Retirement from the services of Mr Dhondi P. Swant & 3 others Letter sent to the unit on 09.11.2020 for execution of sub-lease agreement for the period 01.04.2017 to 31.07.2023 ·- Pending CRA Objection, if any NIL ..... 2/-

Dhondi P. Swant & 3 others Letter sent to the unit on 09.11.2020 for execution of sub-lease agreement for the period 01.04.2017 to 31.07.2023 ·- Pending CRA Objection, if any NIL ..... 2/-

2 Pending Show Cause Notice/ NIL Eviction Order /Recovery Notice/ Recovery Order issued, if any Period of Monitoring of 2018-19 Performance Whether the Unit has Yes. In terms of Rule-53 of SEZ Rules- achieved positive NFE. 2006.

Export Rs.in lakhs NFE Rs.in lakhs Financial Project Achieved Project ed Year wise Cumulative Year ed 2018-19 375 387.50 300 310.20 310.20 (103.33%) (103.40%) Whether any export proceeds are outstanding beyond permissible time limit? If yes, No. whether the Unit has As per APR of 20 18-19. submitted approval of RBI regarding extension of time limit? Area occupied by the Unit 7908 Sq. ft No. of Employees 51 Investment till date Building: Rs. 13.64 Lakhs Plant and Machinery: Rs. 1.21 Lakhs Per Sq.ft Export Rs. 4900.10 Per Sq. ft. Employment 155.06 Total Exports & Total NFE of Export: 1908.46 Lakhs last block ( 5 years) NFE: 1692.63 Lakhs I Quantity and value of goods exported under Rule 34 Nil (unutilised goods) Any SCN Pending No (As per records available in this file) Any CRA pending No (As per records available in this I file) I The unit has submitted self attested revised APR for the year 2018- 19 duly certified by the CA.

records available in this file) Any CRA pending No (As per records available in this I file) I The unit has submitted self attested revised APR for the year 2018- 19 duly certified by the CA. The Export & Import data pertaining to the year 20 18- 19 were retrieved from NSDL for cross verification with data submitted by the unit in the APR of2018- 19. .. ... 3/-

3 The unit vide letter dated 03.03.2020 has clarified that the difference in export value and import value mentioned in APR in comparison with the NSDL data is due to value of no commercial value goods. The details submitted by the Unit were scrutinized and verified with the NSDL data and clarification submitted by the Unit. The claims of unit found satisfactory & appropriate in terms of Rule 53 of SEZ Rules, 2006. The details submitted by the Unit were scrutinized and verified with the NSDL data and clarification submitted by the Unit. The claims of unit found satisfactory & appropriate in terms of Rule 53 of SEZ Rules, 2006. As per last APR 2018-19 submitted by the unit, there is no foreign exchange realization pending beyond the permissible limit. The performance of the Unit for the period 2018- 19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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ng beyond the permissible limit. The performance of the Unit for the period 2018- 19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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MIS Aplab Llm1ted LOA NO. 817!77 EPZ Commenced on 01 06 1978 EXPORT & IMPORT NFE DATA YEAR CGIMP AMORTISED 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18 18-19 Total 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 2007-08 000

2008-09 0.00

2009-10 0.00

2010-11 0.00

2011-12 0.00

2012-13 0.00

2013-14 0.00

2014-15 0.00

2015-16 0.00

2016-17 0.00

2017-18 0.00

2018-19 0.83 0.08 0.08 0.08 TOTAL 0.83 0.08 0.00 0.00 0.00 0.00 000 0.00 0.00 0.00 0.00 0.00 0.00 0.08 008

Export value (IN LAKHS) On lmportdunng Year ( APR data NSDL data verification the year F.Y) FOB Export -APR (Raw+ value CG) 1 2 3 4 5 APR Col 3(8) A 4A(b)•4B(i) 2016-19 367 50 387.67 387.50 59.60+0.83 =60 43 PROJECTED FIGURES AGAINST EXPORTS AND NFE Exports Achieved percentage NFE 2018-19 375 387.50 103.33 300 2019-20 400 . . 320 2020-21 425 . . 340 2021-22 450 .

360 2022-23 475 . .

ED FIGURES AGAINST EXPORTS AND NFE Exports Achieved percentage NFE 2018-19 375 387.50 103.33 300 2019-20 400 . . 320 2020-21 425 . . 340 2021-22 450 .

360 2022-23 475 . . 1700 TOTAL 2125 387 50 3020 • M;S Aplan Ltmtted LOA NO 8f7f77-EPZ Commenced on 01 06 1978 EXPORT & IMPORT NFE DATA (Block Pcnod 2018-19 to 2022-23)

IMPORT value (IN LAKHS) IT/NSDL-data APR-data Amorttsed On (Raw value as per venfication malenal On verification APR- APR Rs In AmortJsed consumed data Lakhs. value +amortised+ Outflow) 6 7 8 9 10 4B(Vl) 4A(h)•8•APR(5) B / APR (6) 59.94+0.00 006 0.06 77 22+0.08+0 77.22+0.0.06+0.00 =59.94 00 =77 3 =77.3 RS.INLAKHS Achieved percantgae 310.2 1034 . .

. . . . 310 2

NFE (IN LAKHS) On Cumulahve On As per APR On Basts Cumulative Verification Basis 11 12 13 14 APR(7) (A-B) APR(9) 310.20 310.20 310.20 310.2

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A. Proposal: - Monitoring performance of the unit for the years 2018-19 (LOA Block period 2016-17 to 2020-21 ofM/S. Gold Star Jewellery Pvt. Ltd Unit- II B. Specific Issue on which decision of AC is required: - C. Under the relevant provisions of SEZ Act-2005 & SEZ Rules-2006 I 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 appended to these rules".

1. Achievement to NFE on Cumulative Basis during the block period:- The performance of the Unit has been monitored in terms of Rules 53 of SEZ Rules, 2006 as under:- D.

e appended to these rules".

1. Achievement to NFE on Cumulative Basis during the block period:- The performance of the Unit has been monitored in terms of Rules 53 of SEZ Rules, 2006 as under:- D. The status of NFE for the period 2018-19 is detailed below:- MONITORING OF APR OF M/S. Gold Star Jewellery Pvt.Ltd. (Unit Ill The APR monitoring of the unit has been done upto FY 2017- 18 and hence APR for the FY 20 18-19 is being taken up as detailed below:- Name of the Unit & Address Gold Star JewelleryPvt Ltd., Unit-II Location Unit no. 38 & 39 SDF-ll I Area 138 1540 Sq.mtr I I 139 1763 Sq.mtr I I LOA No. & Date SEEPZ-SEZ/IA-1/NUS/GJ /01/2015- 16/9388 dated 15.06.2015 as I amended Item(s) of manufacture Plain/Mounting/Studded Gold/Silver /Platinum Jewellery I Studded with Diamonds etc. i Date of commencement of 27.10.2016 i production 2016- 17 to 2020-21 I Validity of LOP 26.10.2021 Execution of BLUT Yes NIL Labour Dues NIL I ...... 2/-

Studded with Diamonds etc. i Date of commencement of 27.10.2016 i production 2016- 17 to 2020-21 I Validity of LOP 26.10.2021 Execution of BLUT Yes NIL Labour Dues NIL I ...... 2/-

2 38 Sub-lease agreement is 1 registered for the period / 20.05.2015 to 27.10.2021 39 Letter sent to the unit on 09.11.2020 for adjudication of sub-lease agreement for the period 21.05.2015 to 27.0.2021 [ Pendin2 CRA Objection, if any NIL Pending Show Cause Notice/ NIL I Eviction Order I Recovery Notice/ Recovery Order issued, if any Period of monitoring 2018-19 Whether the Unit has achieved Yes. • positive NFE . I l Export (in lakhs) NFE (in lakhs) t FY Projected Achieved Projected Year wise Cumulative I 2018-19 27500 52764.49 4230 29514.85 41515.78

{191.87%) (697.75%) 1 Whether any export proceeds No (As per APR of2018-19) are outstanding beyond permissible time limit? If yes, I whether the Unit has submitted approval of RBI regarding extension of time limit? Area occupied by the Unit 14019 sq.ft. I No. of Employees 281 I Investment till date Building: 138.79 Lakhs i Plant & Machinery: 355.39 Lakhs 1 Value Addition Achieved 21% ~ during the Year 2018-19 I • Per Sq.ft Export 376378 Per Sq. ft. Employment 49.89 ·- Total Exports & Total NFE of Total Export: Rs. 31650.83 Lakhs last block (5 years) Total NFE: Rs.

21% ~ during the Year 2018-19 I • Per Sq.ft Export 376378 Per Sq. ft. Employment 49.89 ·- Total Exports & Total NFE of Total Export: Rs. 31650.83 Lakhs last block (5 years) Total NFE: Rs. 12000.93 Lakhs Quantity and value of goods NA exported under Rule 34 (unutillsed goods) Any SCN Pending No ( As per records available in this file)

Any CRA pending NA {As per records available in this QleLJ ..... 3/-

• • 3 Whether any export proceeds No (As per APR of 20 18-19) are outstanding beyond permissible time limit? If yes, whether the Unit has submitted approval of RBI regarding extension of time limit? ~----------------------------~--------------------------------~ The unit has submitted self attested APR for the year 2018-19 , duly cetiified by the CA. The Export & Import data pertaining to the year 2018-19 were retrieved from NSDL for cross verification with data submitted by the unit in the APR of 2018-19. The unit vide letter dated 13.01.2020 (Flag E )has submitted clarification regarding difference in export and import data mentioned in APR as compared to respective data in NSDL. As regards difference in export figures, the unit submitted that the difference is due to consignment sales taken in NSDL, free samples, consignment sales converted into export and freight taken in FOB.

gards difference in export figures, the unit submitted that the difference is due to consignment sales taken in NSDL, free samples, consignment sales converted into export and freight taken in FOB. As regards difference in import data, the unit has submitted that the differen ce is due to consignment return figures, free samples, freight & insurance charges, goods on loan basis, repairs & return goods and gold purch ase from nominated agencies. It is further to submit that the total amortised value as per APR submitted by the unit is 15.45 Lakhs, however as per NSDL data calculation, the same is arrived at 16.12 Lakhs. The yearwise breakup of the amortised value as per APRs submitted by the unit and as per the NSDL data is furnished below: Year Value of Value of Amortised Amortised Difference Capital Capital Value as per Value as per (Rs. in goods goods as APR (Rs. in NSDL (Rs. Lakhs) imported per NSDL Lakhs) in Lakhs) as per (Rs. in APR (Rs. Lakhs) in Lakhs) 2016- 17 83.12 89.94 8.31 8.99 6.82 2017-18 60.41 60.28 6.04 6.03 0 .13 The unit has clarified that the difference in amortised value is due to the fact that they have taken value of the capital goods imported from the invoices of imported capital goods. However, in NSDL, provisional freight and insuran ce are added in invoice amount. However, the unit clarified that while calculating the amount of imported capital goods, they had taken into account the amount actually paid by them. . ... .4/-

ce are added in invoice amount. However, the unit clarified that while calculating the amount of imported capital goods, they had taken into account the amount actually paid by them. . ... .4/-

• • 4 The unit has also enclosed copies of invoices, Bills of Entry, Payment Advice in support of their claim. The unit has also submitted reconciliation statement for the year 2016-17 and 2017-18 for amortised value. The unit has further submitted vide letter dated 01.02.2021 that certification of APR is done on outflow of foreign currency and there is no payment of such freight and insurance in foreign currencies to the party. They further submitted that they had considered the value of all amount of outflow of foreign currencies in case of capital goods. As regards Column No. 4(B) regarding import of capital goods, the unit has imported capital goods of Rs. 11.00 Lakhs and the same has been verified with the NSDL data. Further, the cumulative value of imported capital goods upto the year 2018-19 is Rs. 131.88 Lakhs. As regards Column No. 5 pertaining to Other FE outflow details, the unit has shown the figure of Rs. 609.20 Lakhs. The unit has also submitted bifurcation of the said amount of Rs. 609.20 Lakhs and the same is placed at Flag F . The details submitted by the Unit were scrutinized and verified with the NSDL data and clarification submitted by the Unit. The claims of unit found satisfactory & appropriate in terms of Rule 53 of SEZ Rules, 2006.

ted by the Unit were scrutinized and verified with the NSDL data and clarification submitted by the Unit. The claims of unit found satisfactory & appropriate in terms of Rule 53 of SEZ Rules, 2006. The Unit has achieved Positive NFE on cumulative basis during the year 2018-19 of current LOA block period (2016-17 to 2020-21). They have also achieved the projected Export as well as the projected NFE during the period 2018-19. Based on data submitted by unit, APR data and NSDL data, the LOA block cum year wise performance/NFE, projections and Amortization calculation sheet are placed opposite (Flag- A, B, C & D). As per last APR 2018-19, there is NIL foreign exchange realization pending beyond the permissible limit, The performance of the Unit for the period 2018-19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006 .

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Export value (IN LAKHS)

Year ( APR data- NSDL data On FY) verificatio nFOB Export value I 2 3 • APR Col 3(a) 2016·17 2017·18 2018·19 52764.49 53262 47 52764.49 • MIS. Gold Star Jewellery Pvt. Ltd.

S)

Year ( APR data- NSDL data On FY) verificatio nFOB Export value I 2 3 • APR Col 3(a) 2016·17 2017·18 2018·19 52764.49 53262 47 52764.49 • MIS. Gold Star Jewellery Pvt. Ltd. Unit II LOA NO.· seepz-sezi/A-VNUSIGJ/0112015-16 Coomenced on : 2710.2016 EXPORT & IMPORT NFE DATA FOR PERIOD OF FY YEAR 2018-19 IMPOET value (In Lekhs) IMPORT value (IN LAKHS) Import dunng IT/NSDL-data On Amortised On APR-data (Raw On verification APR- the year -APR veflflcabon value as verificatio mateflal consumed data (Raw+CG) Import value per APR n +amortised+ Outflow ) Rs In Amortised Lakhs value 6 7 8 9 10 11 4A(b)•4B{I) RM•CG 48(vt) 4A(h)+8•APR(S) I APR (6) 8 4327.83+11.00 2749.77+ 10 99 4327.83+11.00 15.45 15.45 22624.99+15.45+609.20 22624.99+15.45+609.20 =4338.83 =2760 76 -=4338.83 =23249.64 o:23249.64 PROJECTED FIGURES AGAINST EXPORTS AND NFE (2016-17 to 2020-21) (RS.IN LAKHS) FY Percent a Exports Achieved gc NFE Acl1/eved Percentage 2016-17 12500 3462.06 27.70 1477.5 738 95 50 01 2017-18 26500 28188.77 106.37 4080 11261.98 276.03 2018-19 27500 52764.49 191.87 4230 29514.85 697 75 2019 20 28500 4380 202().21 30000 4607.5 TOUII 125000 84415.32 18775 41515.78 NFE (IN LAKHS) As per On On On APR venficati Cumulati Cumulative on ve Basis 12 13 1. 15 APR (7) (A-8) APR(9) 738.95 12000.93 29514.85 29514.85 41515.78 41515.78

18775 41515.78 NFE (IN LAKHS) As per On On On APR venficati Cumulati Cumulative on ve Basis 12 13 1. 15 APR (7) (A-8) APR(9) 738.95 12000.93 29514.85 29514.85 41515.78 41515.78

MIS. Gold Star Jewellery Pvt. Ltd. Unit II LOA NO: seepz-sezi/A-1/NUS/GJ/01/2015-16 Commenced on: 27.10.2016 EXPORT & IMPORT NFE DATA YEAR CGIMP. AMORTISED VALUE 4BM 16-17 17-18 18-19 Total 10% 10% 10% 2016-17 83.12 8.31 8.31 8.31 2017-18 60.41 6.04 6.04 2018-19 11.00 1.10 TOTAL 154.53 8.31 14.35 15.45 24.94 12.08 1.10 38.12

•

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A. Proposal: - Monitoring performance of the unit for the years 20 18-19 (LOA Block period 2014-15 to 2018-19 of MjS. Kama Sch achter Jewelry Pvt. Ltd.(Unit- II) B. C. Under the relevant provisions of SEZ Act-2005 & SEZ Rules-2006 I 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 appended to these rules". l. Achievement to NFE on Cumulative Basis during the block period:- The performance of the Unit has been monitored in terms of Rules 53 of SEZ Rules, 2006 as under:- D.

I Name of the Unit & Address Mjs. Kama Schachter Jewellery Pvt I Ltd., Unit-II Location Unit No. 601 to 604 Multistoried I Building Area I 601 728 Sq.mtr I I 602 898 Sq.mtr 1603 869 Sq.mtr I LOA No.

Unit & Address Mjs. Kama Schachter Jewellery Pvt I Ltd., Unit-II Location Unit No. 601 to 604 Multistoried I Building Area I 601 728 Sq.mtr I I 602 898 Sq.mtr 1603 869 Sq.mtr I LOA No. & Date 1604 892 Sq.mtr ~ SEEPZ-SEZ/IA-1/ APL/GJ-0 18/206- 07/9004 dated 07.12.2007 a~ amended I 1--- Gold, Platinum & Combination, Silver, I ltem(s) of manufacture Steel Jewellery Plain or Studded with I Diamonds/Precious/Semi-Precious & Synthetics Stones in Combination thereof . Date of commencement of 17.07.2009 I production Existing_ Block ~eriod 2019-20 to 2023-24 Validity of LOP 16.07.2_Q24 ~ -- I Execution of BLUT y~ / ( 601 Rs. 2,55,7121- as on date I I 602 Rs. 3,15,424/- as on date I l I 603 Rs. 2,50,934/- as on date ·l 604 Rs. 3,13,315/- as on date l ~ ..... 2/-

2 ' Labour Dues NIL I 601 ___, Sub-lease agreement lS Registered for 95 years w.e.f.12.02.2008 602 Sub-lease agreement is Registered for 95 years w.e.f.12.02.2008 603 Sub-lease agreement is Registered for 95 years w.e.f.12.02.2008 604 Sub-lease agreement is Registered for 95 years w.e.f.12.02.2008 Pending CRA Objection, if any NIL Pending Show Cause Notice/ NIL Eviction Order/Recovery Notice/ Recovery Order issued, if any Period of Monitoring of 2018-19 Performance Whether the Unit has achieved Yes. As below (Rs in lakhs ~sitive NFE. cumulative.) ; Export Rs.

very Notice/ Recovery Order issued, if any Period of Monitoring of 2018-19 Performance Whether the Unit has achieved Yes. As below (Rs in lakhs ~sitive NFE. cumulative.) ; Export Rs. in lakhs NFE Rs.in lakhs -Financial Projected Achieve Projecte Year Cumulative Year d d wise 2 018-19 29451 28190.5 4951 15389.5 73972.61

8 6 -Whether any export proceeds are outstanding beyond permissible I time limit? If yes, whether the NIL Unit has submitted approval of (As per last APR of 20 18-19.) I RBI regarding extension of time limit? Area occupied by the Unit 36444.12 Sq. ft • _No. of Employees 147 i Investment till date Building: Rs. 1284.64 Lakhs ~ Plant & Machinery: Rs. 1180.92 Lakhs Value Addition Achieved during 17.77% the Year 2017-18 I Per Sq.ft Export 77352.88 Per Sq. ft. Employment 247.92 Tot al Exports & Total NFE of last Exports: Rs. 93037.07 Lakhs block ( 5 years) NFE: Rs. 52799.79 Lakhs

Quantity and value of goods exported under Rule 34 Quantity: 2283.93 Cts. (unutilised goods) Value: 834.21 Lakhs 0 0 0 •• 3/-

Rs. 93037.07 Lakhs block ( 5 years) NFE: Rs. 52799.79 Lakhs

Quantity and value of goods exported under Rule 34 Quantity: 2283.93 Cts. (unutilised goods) Value: 834.21 Lakhs 0 0 0 •• 3/-

• 3 er records available in the file er records available in the file The Unit has submitted self attested revised APR for the year 2018-19 and duly certified by the CA. The Export & Import data pertaining to the year 2018-19 were retrieved from NSDL for cross verification with data submitted by the unit in the APR of 2018-19. The Unit vide letter dated 23.10.2020 (Flag-E) has clarified that the difference in export data in APR figure and in NSDL figure is of Rs. 533.65 Lakhs. They further submitted that the difference in the export figure is because in this year APR, they have shown last year consignment return of Rs. 436.67 Lakhs. After deducting Rs. 436.37 lakhs, the final difference comes to Rs. 97.29 Lakhs and this is due to exchange rate fluctuation differences as they had taken Reserve Bank of India rate and NSDL has taken Customs rate. The unit further submitted that in respect of imports, there is difference of Rs. 2310.17 Lakhs in APR figures and NSDL figures. The Unit submitted that the said difference is due to consignment return Rs. 744.96 Lakhs, returnable samples Rs. 60.52 Lakhs, Diamond on loan basis Rs. 1017.84 Lakhs, re-import for repairs Rs. 350.44 Lakhs. They further submitted that the total purchase of raw material is Rs. 2173.7 6 lakhs and then the actual difference comes to Rs.

oan basis Rs. 1017.84 Lakhs, re-import for repairs Rs. 350.44 Lakhs. They further submitted that the total purchase of raw material is Rs. 2173.7 6 lakhs and then the actual difference comes to Rs. 136.41 Lakhs and it is exchange fluctuation difference as they had taken Reserve Bank of India rate and NSDL has taken Customs rate. The unit therefore requested to consider APR data. As regards difference of Rs. 3.90 Lakhs in the figures of Capital goods in APR and NSDL data, the unit submitted that it is due to exchange fluctuation difference. As regards discrepancy in amortised value and cumulative value, the unit submitted that it was their mistake and made the necessary corrections. The details submitted by the Unit were scrutinized and verified with the NSDL data and supporting documents submitted by the Unit. The claim of unit is found satisfactory & appropriate in terms of Rule 53 of SEZ Rules, 2006. The Unit has achieved Positive NFE on cumulative basis during the year 2018-19 of current LOA block period (2014-15 to 2018-19). They have failed to achieve the projected Export but have achieved the projected NFE during the period 2018-19. As per APR 2018-19, there is NIL foreign exchange realization pending beyond the permissible limit. The performance of the Unit for the period 2018-19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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beyond the permissible limit. The performance of the Unit for the period 2018-19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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YEAR 2009- 10 2010 11 2011- 12 2012-13 2013-14 2014-15 2015 16 2016- 17 2017-18 2018- 19 TOTAL M/S. KAMA SCHACHTER Unit -2 LOA NO: SEEPZ-SEZ/IA(I)/APL/GJ-018/2006-07/9004 DTD 07.12.2007 EXPORT & IMPORT NFE DATA CG IMP. AMORTISED 09 10 10 11 11- 12 12 13 13- 14 14 15 15-16 16-17 17-18 18 19 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 494.99 494.99 49.50 49.50 49.50 49.50 49.50 49.50 49.50 49.50 49.::>0 49.50 69.79 62.8 1 6.98 6.98 6.98 6.98 6.98 6.98 6.98 6.98 6.98 232.44 185.95 23.24 23.24 23.24 23.24 23.24 23.24 23.24 23.24 522.05 365.44 52.21 52.21 52.21 52.21 52.21 52.21 52.21 2 11.00 126.60 21. 10 2 1.10 21. 10 21. 10 21. 10 21.10 27.28 13.64 2.73 2.73 2.73 2.73 2.73 58.83 23.53 5.88 5.88 5.88 5.88 12.03 3.61 1.20 1.20 1.20 75.65 15. 13 7.57 7.57 65.86 6.59 6.59 1769.92 1298.29 49.50 56.48 79.72 131.93 153.03 155.76 161.64 162.84 170.41 176.99 Total 494.99 62.81 185.95 365.44 126.60 13.64 23.53 3 .6 1 15. 13 6.59 1298.29

65.86 6.59 6.59 1769.92 1298.29 49.50 56.48 79.72 131.93 153.03 155.76 161.64 162.84 170.41 176.99 Total 494.99 62.81 185.95 365.44 126.60 13.64 23.53 3 .6 1 15. 13 6.59 1298.29

• M/5. KAMA SCHACEI.TER LOA NO: SEEPZ-SEZ/lA{T)/APL/GJ-018/2006 07/9004 DTD 07.12.2007 (UNIT·2} EXPORT& IMPORT NFE DATA FOR PERIOD OF FY YEAR 2018 19 Export value (IN LAKHS} IMPORT value (IN LAKHS) NFE (IN LAKHS} Y~at ( APR daw I\ SOL cl,ll,. On lmpo11 dunng IT/ NSI>I data On vcrJfic:c.'ltiOn Amorusc On APR dal..il (Ra" On vrnfication A'PN On On On I· Y.) verification the \C'ar APR IMPORTS d vnluc IH'rificah mrllcrial consumed APR-data APR Verifirotio Cumulntjv Cumulative FOB Export (RM· (',) "'per on

t amOrtJM•d · n c nasts Basis value APR Amorti.<e Outllo"' I doolue I 2 3 4 5 (> 7 8 9 10 11 12 13 14 15 APR Col 3(a) 4A(b).,.4B(i) RM-CG 411(vi) 4A(h)+81'APR(5) I B 7 (A·B) 9 APR (6) 2014 15 17027.73 2015 16 31995.70 2016·17 46259.60 2017-18 58583.05 2018 19 28 190.58 27656 93 28190.58 9463.581'64.56 11773.75•68.46 9463.58+64.56 176.99 176.99 12566.5H 176.99+5 12566.51+176. 15389 56 15389.56 73972.6 1 73972.61 9;,..!8. Jo1

• 11842.21 •9528.

19 28 190.58 27656 93 28190.58 9463.581'64.56 11773.75•68.46 9463.58+64.56 176.99 176.99 12566.5H 176.99+5 12566.51+176. 15389 56 15389.56 73972.6 1 73972.61 9;,..!8. Jo1

• 11842.21 •9528. 14 7.S2 12801.02 99+57.52 •12801.02 PROJECTED FIGURES AGAINST EXPORTS AND NFE (2014-15 to 2018-19} (RS.IN LAKHS) FY EXPORTS ACHIEVED Percentage NFE ACIIIEVED Percentage 0.0 % .!014 15 20250 2]7<1917 108% .116:> 17027.73 19/•o 201'>'16 22275 29934 .• 1 134.38"" 386.S 14967.97 287.26% 2016 17 24753 28429 00 11 4 85% 4293 14263.9 J322Sq, .2017·18 27228 25168.14 108% 1758 123..!3.08 2590;u 20/Jj.JO 29451 28190.58 95.729.. 4951 1538956 310.111 Total 123957 1335..!149 2133..! 73972.24

•

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A. Proposal: - Monitoring performance of the unit for the years 20 18-19 (LOA Block period 2017-18 to 2021-22 of M/S. MMTC Ltd. B. C. Under the relevant provisions of SEZ Act-2005 & SEZ Rules-2006 I 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 appended to these rules".

1. Achievement to NFE on Cumulative Basis during the block period:- The performance of the Unit has been monitored in terms of Rules 53 of SEZ Rules, 2006 as under:- D. r me of the Unit & Address M/s. MMTC Ltd., j Location Unit No. Gems & Jewellery Comple~ , r- Area 227 Sg.mtr -i -- LOA No.

n monitored in terms of Rules 53 of SEZ Rules, 2006 as under:- D. r me of the Unit & Address M/s. MMTC Ltd., j Location Unit No. Gems & Jewellery Comple~ , r- Area 227 Sg.mtr -i

LOA No. & Date SEEPZ-SEZ/IA-1/NUS/MMTC/ 11/ 2016-17/2935 dated 03.10.2016 as amended J ltem(s ) of manufacture Supply of all types of Raw material, j Precious metals Date of commencement of 12.05.2017 ~roduction

~xistin_g Block period 2017-18 to 2021-22

Validity of LOP 11.05.2022 ....--=-:::::::

Execution of BLUT Yes

Rs. 46,571L- as on date

Labour Dues NIL

Letter sent to the unit on 17.08.2020 j I for adjudication of sub-lease agreemen t for the period 05.08.2020 to 04.08.2020. _I Pending CRA Objection, if any NIL Pending Show Cause Notice/ Eviction Order/Recovery Notice/ I I Recovery Order issued, if anr I ..... 2/-

• 2 r-- I Period of Monitoring of 2018-19 Performance Whether the Unit has achieved Yes on Cumulative basis. 1 ~tiveNFE. Export (in lakhs) NFE (in lakhs) I FY Projected Achieved Projected Year wise Cumulative 2018-19 24048 100210.14 48 360.01 659.98 1 Whether any export proceeds are outstanding beyond permissible time limit? If yes, whether the NIL (As per last APR of 20 18-19.) Unit has submitted approval of RBI regarding extension of time limit? Area occupied by the Unit 2443.40 Sq. Ft. No. of Employees 6 Investment till date NIL Per Sq.ft Export Rs. 4101258/-

f--- Per Sq. ft. Employment 407.23 Total Exports & Total NFE of last Total Export: Rs.

the Unit 2443.40 Sq. Ft. No. of Employees 6 Investment till date NIL Per Sq.ft Export Rs. 4101258/-

f--- Per Sq. ft. Employment 407.23 Total Exports & Total NFE of last Total Export: Rs. 179914.05 Lakhs block ( 5 years) Total NFE: Rs. 659.98 Lakhs

Quantity and value of goods exported under Rule 34 (unutilised NIL goods) Any SCN Pending No ( As per records in this file) Any CRA pending As per records available, one CRA Objection No. CRA/EOU/SEEPZ- SEZ/2019-20/AM NO.4 dated 24.04.2019 regarding execution of transshipment bond is pending. The unit has submitted APR for the year 2018-19, self attested and duly certified by the CA. The Export & Import data pertaining to the year 20 18-19 were retrieved from NSDL for cross verification with data submitted by the unit in the APR of 2018-19 . The unit vide letter dated 25. 10.2019 (Flag-C) has submitted clarification with respect to difference in export and import figures mentioned in APR as compared to figures of NSDL data. The unit submitted that as per MMTC's business model, they are importing (unpriced gold) stock on consignment basis only, hence the stock belongs to the supplier unless and until it is priced by the customer. They further submitted that based on supplier invoices, they are remitting payment to the supplier and therefore they are not showing Gold Stock in their book of accounts. They further informed that they had shown export Rs. 100210.14 Lakhs being intra unit transfer at Column No. 3(a) in APR and Rs. 99850.13 as import (Purchase) at Column No.

their book of accounts. They further informed that they had shown export Rs. 100210.14 Lakhs being intra unit transfer at Column No. 3(a) in APR and Rs. 99850.13 as import (Purchase) at Column No. 4A (b) in APR, being the amount actually remitted to the supplier after fixing the metal. .. ... 3/-

• 3 The details submitted by the Unit were scrutinized and verified with Lhe NSDL data and clarification submitted by the Unit. The claims of unit found satisfactory & appropriate in terms of Rule 53 of SEZ Rules, 2006. The Unil has achieved Positive NFE on cumulative basis during the year 2018- 19 of current LOA block period (20 17-18 to 2021-22) and has achieved the projected figures of Export/ projected NFE during the FY 2018-19. Based on data submitted by unit, APR data and NSDL data, the LOA block cum year wise performancejNFE, projections are placed opposite (Flag- A & 8). As per lasl APR 2018-19, there is NIL foreign exchange realization pending beyond the permissible liffiit. --.. The performance of the Unit for the period 2018- 19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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d the permissible liffiit. --.. The performance of the Unit for the period 2018- 19 is placed before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006.

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-- Ex ort value (IN lAKHS) Year ( F Y.) APR data NSDL data On verification FOB Export value 1 2 3 4 3(a) A 2017-18 I 2018-19 100210.14 000 100210.14 • ANNEX_URE · A MMJC LTD LOA NO.:· SEEPZ·SEZIIA-l/NUS/MMiillillQ16-17 DTD 27.09.2016. commencement year 12.05.2017 EXPORT & IMPORT NFE DATA FOR PERIOD OF FY YEAR 2017-18 IMPORT value_ (IN lAKHS Import 11/NSDL-data On On Amortesed On APR·data (Raw On verifocation APR· during the verification vefrficatio value as per verificatio matenal data year-APR Import volue n APR Rs In n COitiuOh::d (Raw+CG) IMPORTS Lakhs. Amortised +amortosed+Outflo _t.ft1/Ul' wl 5 6 7 8 8 9 10 11 4A(b)+4B(o) 4B(vo) 4A(h)+8+APR(S) I APR column (6) B I 99850.13 102350.17 99850.13 99850.13 0.00 0.00 99850.13+0 00+0 99850.13+0.00+0.00 00 =99850 .13 =99850.13 PROJECTED FIGUR(S AGAINST EXPORT AND NfE (RS.IN LA~HS) BLOCK PERIOD 2017 18 YEAR EXPORTS ACHI(V(O PERCCNTAGE NFE AHCIEVED PERCENTAGE 2o11-18 c·l 15030 79703.91 530 29% 30 299.97 99990% 2018-19 24048 100210.14 41G 71% 48 36001 750 02% 2019-20 30060 60 2020-21 45090 90 2021 n 60120 120 TOTAL 174348 348 659.98 NFE (IN lAKHS) - As per On On On APR Verlficotlo CumulabV Cumulative n eBa><> Ill SIS 12 13 14 1S APR (7) (A-lB) APR (9) 299.97 36001 360.01 659.98 659 98

L 174348 348 659.98 NFE (IN lAKHS) - As per On On On APR Verlficotlo CumulabV Cumulative n eBa><> Ill SIS 12 13 14 1S APR (7) (A-lB) APR (9) 299.97 36001 360.01 659.98 659 98

ANDHERI (EAST), MUMBAI - 400 096.

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A. Proposal: - Monitoring performance of the unit for the years 2018-19 (LOA Block period 2018- 19 to 2022-23 of Mls. Sonodyne International Pvt Ltd. B. C. Under the relevant provisions of SEZ Act-2005 & SEZ Rules-2006 I 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 appended to these rules".

1. Achievement to NFE on Cumulative Basis during the block period:- The performance of the Unit has been monitored in terms of Rules 53 of SEZ Rules, 2006 as under:- D. I Name of the Unit & Address J Mjs. Sonodyne International Pvt Ltd., Location Unit No. 53, 56, SDF-II Area I 53 I 735 Sq mtr. I I 56 I 735 Sq mtr. I LOA No. & Date 8/19/91-EPZ dated 20.08.1981 as amended ltem(s) of manufacture DO Convertor, Rugulated DC Power Supply, Fixed Output etc. Date of commencement of 19.09.1982 production 2018-19 to 2022-23 Validity of LOP 31.03.2023 ,_....--- Execution of BLUT Yes .......--__ .......... Outst anding Rent dues I 53 IR.s.

tc. Date of commencement of 19.09.1982 production 2018-19 to 2022-23 Validity of LOP 31.03.2023 ,....--- Execution of BLUT Yes .......--__ .......... Outst anding Rent dues I 53 IR.s. 13,32,2181- as on date ! I 56 ~- 13,32,6681- al> on date J Labour Dues NIL "-..... _/ ;--- 53 Sub-lease agreement is registered for the period 21.02.2016 to 31.03.2023 ' v 56 Sub-lease agreement is registered for the period I 21.02.2016 to 31.03.2023 Pendin~ CRA Objection, if any NIL1 ------ ...---' ..... 2/

• 2 Pending Show Cause Notice/ Eviction Order I Recovery Notice/ Recovery Order issued, if any Period of Monitoring of Performance 2018-19 Whether the unit has achieved YES ~tive NFE?

Investment till I Building 36.58 date I Plant & Machinery 222.47 Area allotted 15822.93 sq. ft. No. of employees 120

Area per employee 131.85 Sq. ft/ employee Export-FOB (Rs, In Lakh) Net Foreign Exchange (Rs. In 1--- Lakh) F.Y. I Projected Achieved Projected Achieved Cumulative NFE achieved ·-~ Performance during last Block Period 2013 14 To 8532.20 2017-18 12000 6129 5690.66 5690.16 I (71%) (93% ) I Performance during the current Block Period

• 2018-19 1900 1521.04 1156 878.80 878.80 I

I ISO%) - -r'76% ) ·--- Value addition achieved during the year N.A. 2018-19

Rs.9,613/ Sq.Ft. Per sq.ft. export in the APR period j Quantity & value of unutilized goods NIL exported under Rule 34 of SEZ Rules. Whether any Export proceeds are No outstanding beyond permissible time limit?.

r sq.ft. export in the APR period j Quantity & value of unutilized goods NIL exported under Rule 34 of SEZ Rules. Whether any Export proceeds are No outstanding beyond permissible time limit?. Whether any SCN pending for No (As per APR file) , adjudication Whether Audit objection pending. No (As per APR file) Based on the APR, the performance of the unit for the year 2018-19 has been monitored in terms of Rule 54 of SEZ Rules, 2006 . • The unit has achieved positive NFE for FY 2018-19 but was able to achieve only 76% of their projection. • The unit was able to export only 80% of their projection during 2018. • As per APR of 2018- 19, there is no case of foreign exchan ge pending for realization beyond the permitted period.

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Export value as per Year( APR data NSDL FOB Export F Y.) data value found during APR verification as per rule 53 ofSEZ Rules. 1 2 3 4 3(a) 2018-19 1521.04 1534.76 1521.04 2019-20 2020-21 2021-22 2022 23 Total 1521.04 1534.76 1521.04 Achieved ANNEXURE - A SONODYNE INTERNATIONAL PVT. LTC'. EXPORT & IMPORT NFE DATA FOR FY YEAR 2013-14 TO 2017-18 IMPORT value as per- Projected Import during IT/NSDL- Amorttse Amortise APR data APR-data as per Foreign the year data d value d value (Raw verification (Raw Earning

• APR (Raw+ as per ofCG material material CG) APR 10%as consumed consumed per rule +amortised+ +amortised+Outfl 53ofSEZ Outflow) ow) Rules.

e d value (Raw verification (Raw Earning

• APR (Raw+ as per ofCG material material CG) APR 10%as consumed consumed per rule +amortised+ +amortised+Outfl 53ofSEZ Outflow) ow) Rules. 5 6 7 8 9 10 11 4A(b)+4B(i) 4B(vi) 4A(h)+8+AP 4A(h)+(9)+APR (5) R(5) /APR column (6) 1900.00 657.04 879.01 4.83 4.83 642.24 642.24 2100.00 2200.00 2400.00 2600.00 11200.00 657.04 879.01 4.83 4.83 642.24 642.24 NFE Prejected As per APR After On Foreign Verificatio Cumulattve exchange n as per Basis earning Rule53 of SEZ Rules. 12 13 14 15 APR (7) (4-11) 1156.00 878.80 878.80 878.80 1254.00 1327.00 1458.00 1551.00 6746.00 878.80 878.80 878.80

ANNEXURE- B SONODYNE INTERNATIONAL PVT. LTD. Value in Lakhs YEAR CG IMP. AMORT 4B(V) ISED 09-10 10-11 11-12 13-14 14-15 15-16 16-17 17-18 18-19 Total VALUE 12-13 10'Yt, 10'Yt, 10'Yu 10% 10% 10% 10% 10% 10% 10% 2009-10 0.14 0.13 0.01 0.01 0.01 O.Ql 0.01 0.01 0.01 0.01 0.01 0.01 0.13 2010-11 5.87 4.70 0.59 0.59 0.59 0.59 0.59 0.59 0.59 0.59 0.59 4.70 2011-12 0.00

2012-13 0.00

2013-14 32.00 16.00 3.20 3.20 3.20 3.20 3.20 3.20 16.00 2014-15 5.00 2.00 0.50 0.50 0.50 0.50 0.50 2.00 2015-16 3.19 0.96 0.32 0.32 0.32 0.32 0.96 2016-17 2.07 0.41 0.21 0.21 0.21 0.41 2017-18 0.00

2018-19 0.00

TOTAL 48.27 24.19 0.01 0.60 0.60 0.60 3.80 4.30 4.62 4.83 4.83 4.83 24.19

0.32 0.32 0.32 0.96 2016-17 2.07 0.41 0.21 0.21 0.21 0.41 2017-18 0.00

2018-19 0.00

TOTAL 48.27 24.19 0.01 0.60 0.60 0.60 3.80 4.30 4.62 4.83 4.83 4.83 24.19

ANDHERI (EAST), MUMBAI.

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AGENDA FOR CONSIDERATION OF APPROVAL COMMITTEE- a) Proposal: - Monitoring performance of the unit for the year 2018-19 of the current LOA block 2018-19 to 2022-23 ofM/s Imperial Je~. b) Monitoring performance of the unit for the year 2018-19 as the Monitoring till APR year of2017-18 has already ben done. ~ ~ c) Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/ Notification:- I I 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 appended to these rules". d) Other Information: - Mf s. Imperial Jewels., were issued Letter of Approval No. SEEPZ-SEZ/IA- 1/APL/GJ- 13/2011- 12/ 18675 dated 22.12.2011 as amended for manufacture and export of Studded Gold & Silver Jewellery etc. The unit has commenced production w.e.f. 29.10.2013. The validity of the LOA is up to 28.10.2023. Name of the Unit & Address M/ s. Imperial Jewels Location Unit No. 72A, SDF-II

Area 751 Sg.mtr LOA No. & Date SEEPZ-SEZ/IA-1/ APL/GJ-13/2011- 12/18675 dated 22.12.2011 as amended ItemlsJ of manufacture Studded Gold, Silver Jewellery Date of commencement of 29. 10.2013 I production 2018-19 to 2022-23 1 Validit~ of LOP 28.

011- 12/18675 dated 22.12.2011 as amended ItemlsJ of manufacture Studded Gold, Silver Jewellery Date of commencement of 29. 10.2013 I production 2018-19 to 2022-23 1 Validit~ of LOP 28. 10.2023 Execution of BLUT YP

( ::Rs.5,18,590/- as on date_) Labour Dues NiL Letter sent to the unit on 15.04.2019 . for adjudication of sub-lease agreement for the period 26.1~ to 28.10.2023 :,__- Pending CRA Objection, if any NIL / Pending Show Cause Notice/ / Eviction Order I Recovery Notice/ Recovery Order issued, if an~

Period of Monitoring of 2018-19 Performance ..... 2/-

2 Whether the unit has achieved YES positive NFE? Whether the Unit h as achieved Yes. As below (Rs in lakhs.) on positive NFE. cumulative basis. Export Rs.in lakhs NFE Rs.in lakhs Financial Projected Achieved Projecte Year wise Achieved Year d achieved Cumulative! y 2018-19 ~0.00 4323.59 605.00 1232.20 1232.20 Total 3500.00 4323.59 605.00 1232.20 1232.20 Whether any export proceeds are NIL outstanding beyond permissible (As per last APR of 2018-19) time limit? If yes, whether the Unit has submitted approval of RBI regarding extension of time limit? Area occupied by the Unit 8080.76 Sq. Ft. No. of Employees 205 Investment till date

1. Building- Rs. 106.54 Lakhs I I
2. Plant & Machinery- Rs.248.14 Lakhs Per Sq. ft Export Rs.

ime limit? Area occupied by the Unit 8080.76 Sq. Ft. No. of Employees 205 Investment till date

1. Building- Rs. 106.54 Lakhs I I
2. Plant & Machinery- Rs.248.14 Lakhs Per Sq. ft Export Rs. 53505/- f Area per employee 39.42 Total Exports & Total NFE of last Total Exports for the last block block ( 5 years) period (2013-14 to 2017-18) : 12803.24 Lakhs Total NFE for the last block period I (2013-14 to 2017- 18) : 2917.61 Lakhs Quantity and value of goods N.A.

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I exported under Rule 34 (unutilised ~ goods) / I Any SCN Pending No ( As per records available in this file) Any CRA pending No (As per records available in this ~ file) I ~ The Unit has submitted APR for the year 2018-19 self attested and duly certified by the CA. The Export & Import data pertaining to the relevant year were retrieved from NSDL for cross verification with data submitted by the Unit in the APR of corresponding year. Unit vide letter dated 30.11.2020 & 03.12.2020 has submitted the break-up of Export-import data, details of closing stock, capital goods and also submitted the reasons for variations along with documentary evidences. The details submitted by the Unit were scrutinized and verified with the NSDL data and supporting documents submitted by the Unit. The claims of unit found satisfactory. .. .... 3/-

y evidences. The details submitted by the Unit were scrutinized and verified with the NSDL data and supporting documents submitted by the Unit. The claims of unit found satisfactory. .. .... 3/-

3 The Unit has achieved Positive NFE for the year 2018-19 of current LOA block period (2018-19 to 2022-23). Also achieved the projected figures of FOB (123.53%) & NFE (203.67%) during the year 2018-19. The LOA block cum year wise performancefNFE, projections and Amortization calculation sheet are attached. The summary of the same is as under- As per last APR 2018-19 submitted by the unit, there 1s no foreign exchange realization pending beyond the permissible limit. Unit vide letter dated 22.10.2020 has submitted that the average value addition is 18.72% during the year 2018-19. The performance of Unit for the year 2018-19 may be submitted before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006. The performance of the unit is submitted before the Approval Committee.

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18-19 may be submitted before the Approval Committee in terms of Rule 54 of SEZ Rules, 2006. The performance of the unit is submitted before the Approval Committee.

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ANNEXURE - A EXPORT & IMPORT & NFE DATA FOR PREVIUOS LOA BLOCI< PERIOD OF 2013-14 to 2017-18 UNIT NAME

• M/s. Imperial Jewels Date of Commencement - 29.10.2013 (LOA No.SEEPZ-SEZ/IA-1/APL/GJ 13/2011-12/18675 dated 22.12.2011) LOA BLOCK PERIOD Amortisation Period Year APR data (F.Y.) 1 2 3(a) 2018-19 4323.59 Total Achieved
• 2018-19 to 2022-23
• 2018- 19 Export value as p_er NSDL FOB Export Projected data value found Foreign during APR Earning verification as (based on per rule 53 of FOB SEZ Rules. Value) 3 4 5 4972.89 4323.59 3500.00 4323.59 3500.00 IMPORT value as per- Import during IT/NSDL- Amortised Amortised APR-data the year -APR data value as value of (Raw (Raw+CG) per APR Rs. CG10%as material In l akhs. per rule 53 consumed ofSEZ +amortised Rules. +Outflow) 6 7 8 9 10 4A(b)+4B(i) 4B(vi) 4A(h)+8+AP R(5) /APR column (6) 2282.03+2.16 1583.14 10.56 10.56 3091.39 Unit has achieved positive NFE. Also achieved the projected f igures of FOB (123.53%) & NFE (203.67%) during the year 2018-19. APR-data as per verification (Raw material consumed +amortised+O utflow) 11 4A(h)+(9)+APR (5) 3091.39 (Rs. ln lakhs) NFE Projected As per After On Foreign APR Verification Cumulative exchange as per Rule Basis earning 53 ofSEZ Rules.

amortised+O utflow) 11 4A(h)+(9)+APR (5) 3091.39 (Rs. ln lakhs) NFE Projected As per After On Foreign APR Verification Cumulative exchange as per Rule Basis earning 53 ofSEZ Rules. 12 13 14 15 APR (7) (4-11) 605.00 1232.20 1232.20 1232.20 605.00 1232.20 1232.20

CG AMORT/SA TION - details as provided by the Unit. UNIT NAME M/s. Imperial Jewels Date of Commencement - 29.10.2013 (LOA No.SEEPZ-SEZ/IA-1/APL/GJ-13/2011-12/18675 dated 22.12.2011) LOA BLOCK PERIOD

• 2018-19 to 2022-23 Amortisation Period 2018-19 Value in Lakhs YEAR CG IMP. AMORTISED VALUE 13-14 14-15 15-16 16-17 17-18 18-19 10% 10% 10'Yu 10°/c, 10% 10%