IN FORCE SEZ / EOU / FTWZ 2023-03-31

Supplementary Agenda for the Approval Committee meeting scheduled on 31.03.2023

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SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

SUPPLYMENTARY AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FTWZ OF M/s. ARSHIYA LIMITED AT VILLAGE SAI, TALUKA PANVEL, DISTRICT RAIGAD.

SOURCE : Video Conferencing through Cisco WEBEX application.

DATE : Friday, 31st March, 2023

TIME : 11:30 A.M.


Meeting of the Approval Committee for Sector Specific Special Economic Zone for FTWZ of M/s. Arshiya Limited at Sai Village, Taluka Panvel, District Raigad under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Wednesday, 29th March, 2023.

INDEX

Agenda Item No.

Subject

Supplementary Agenda Item No. 01 : -

Approval w.r.t. Broad banding of activities to include additional trading items into existing Letter of Approval – M/s. Kyoritsu Electric India Pvt. Ltd.



GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI


AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a) Proposal :- M/s. Kyoritsu Electric India Pvt. Ltd. has requested for approval w.r.t broad banding of activities to include additional trading items into existing Letter of Approval in Processing area of Arshiya-SEZ over an area of Admeasuring 500.00 Sq. ft. in Warehouse No.03 in FTWZ (SEZ) located at Village-Sai, Taluka – Panvel, District – Raigad, Maharashtra.

b) Specific Issue on which decision of AC is required :- Approval w.r.t broad banding of activities to include additional trading items into existing Letter of Approval.

c) Relevant provision of SEZ, Act, 2005 & Rules:
Proviso 2 of Rule 19(2) of SEZ Rules, 2006 – “Provided that the Approval Committee may also approve proposals 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 : 1. Letter of Approval No. and Date SEEPZ/NEWSEZ/ARSHIYA-RAIGAD/193/2022- 23/00744 dated 13.01.2023. 2. Item(s) of manufacture/services Trading activity for Focus 2000 In Circuit Tester, PCB Router Machine, Advanced 3D Solder Paste Inspection System, Advanced 3D Optical Inspection System and X-Ray Inspection Machine. 3. Present location Admeasuring 500.00 Sq. Mtrs. in Warehouse No.03 in FTWZ (SEZ) located at Village-Sai, Taluka – Panvel, District – Raigad, Maharashtra. 4. Date of commencement of production Yet to commence

LOA Valid upto 12.01.2024 6. Whether the unit has submitted Form F3? Yes, as there is revision in projection.
7. Revision of Projections
There will be revision in projections.

Further, the unit has stated as under:

  1. They have executed the Bond cum Legal Undertaking which has been accepted by this office on 24.03.2023.
  2. They now intend to add the additional items of trading under Broad Banding facility as per details given below.

The unit has given below the summary of additional items:

Sr. No. Trading Activity of below items HSN Code 1 XRAY COIMPONENT COUNTING SYSTEM / PCB ANALYZER 90221900 2 PICK AND PLACE MACHINE (CHIP MOUNTER)) 84798999 3 Conformal Coating Machine 84248990 4 USB CONNECTOR 85369090 5 MAGNETS 85051190 6 LEDS 85414020 7 PCB LASER MARKING SYSTEM 84561100 8 PCB HANDLING EQUIPMENTS 84289090 9 WAVE SOLDERING MACHINE 84682090 10 REFLOW OVEN 85143090 11 PREFORMING MACHINE 84798999 12 NOZZLE CLEANING MACHINE 84798999 13 DRY CABINET 84798999 14 VAPOUR PHASE SOLDER MACHINE 84198990 15 SCREEN PRINTER MACHINE 84798999 16 STENCIL CLEANER 84243000 17 FEASA ANALYZER 90314100 18 THICK FILM RESISTOR (TFR) 85340000 19 AGV ZALPHA 84795000 20 SMT LINE EQUIPMENT 84798999 21 Automatic PCB Loader 84248990 22 Automatic PCB Unloader 84248990 23 Link Conveyor 84289090 24 Reject Unloader 84289090

Revision in Projections :

  1. Existing and proposed Import Indigenous requirements and other inputs : S. No Activity of Unit Existing Proposed for the renewed period

Value of Capital Goods (in Rs. Lakhs) Indigenous 27.11 27.11 Import 0.00 0.00 2. Value of Raw Materials (in Rs. Lakhs) Indigenous 0.00 0.00 Import 2336.00 3648.00 3. Value of Input Services (in Rs. Lakhs) Indigenous 200.00 250.00 Import 0.00 0.00 4. Employment Men 5 5 Women 1 1

  1. a) Existing computation of Net Foreign Exchange:
    (Amount in Lakhs) Year 1st Year 2nd Year 3rd Year 4th Year 5th Year Total Rs. Lakhs FOB Value of Exports in first five years 200.00 500.00 600.00 720.00 900.00 2920.00 Foreign Exchange Outgo for the first five years 160.00 400.00 480.00 576.00 720.00 2336.00 Net Foreign Exchange Earnings for the first five years (1) – (2) 40.00 100.00 120.00 144.00 180.00 584.00

  2. b) Revised (Broad banding, diversification or capacity enhancement) computation of Net Foreign Exchange:
    (Amount in Lakhs) Year 1st Year 2nd Year 3rd Year 4th Year 5th Year Total Rs. Lakhs FOB Value of Exports in first five years 600.00 720.00 864.00 1080.00 1296.00 4560.00 Foreign Exchange Outgo for the first five years 480.00 576.00 691.00 864.00 1037.00 3648.00 Net Foreign Exchange Earnings for the first five years (1) – (2) 120.00 144.00 173.00 216.00 256.00 912.00

e) ADC Recommendation:

Proposal of M/s. Kyoritsu Electric India Pvt. Ltd. located in Arshiya FTWZ for approval w.r.t broad banding of activities to include additional trading items into existing Letter of Approval is placed before the Approval Committee meeting in terms of Proviso 2 of Rule 19(2) of SEZ Rules, 2006.


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