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 : 6% October, 2023 i TIME : 11.30 A.M. onwards Ke KEKE ।

MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ-SEZ UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 67 OCTOBER, 2023. INDEX Agenda Item No. Subject Agenda Item No. 01 Confirmation of Minutes of the last meeting held on 23.08.2023. Agenda Item No. 02 Application received for setting up of a new unit as Mega CFC, SEEPZ-SEZ-M/s. Gems & Jewellery Export Promotion Council Agenda Item No. 03 Application received for Capacity Enhancement with revised projection for remaining period of 2 years i.e. 2023-24 to 2024-25 due to additional location - M/s. Indojewels Jewellery Pvt. Ltd. Agenda Item No. 04 Application received for Broad Banding of items and revised projection for remaining period of 3 years - M/s. Twinkle Diamond Agenda Item No. 05 Application received for Carrying out Third Party repair — M/s. Vishal Diamonds Agenda Item No. 06 Application for Additional List of Services required for their Authorized Operations of M/s. Micro Components Agenda Item No. 07 Application for Additional List of Services required for their Authorized Operations of M/s. Flawless Jewels Agenda Item No. 08 Gate Case in respect of employee-M/s. Mohit Diamonds Pvt. Ltd. Agenda Item No. 09 Approval for issuance of SCN to M/s. Allied Digital Services Limited for violation of SEZ, Rules, 2006. Agenda Item No. 10 Monitoring of Performance- M/s. KP Sanghvi International Pvt. Ltd. (Trading Division) Agenda Item No. 11 Monitoring of Performance- M/s. Gold Star Jewellery Pvt. Ltd.-II Agenda Item No. 12 Monitoring of Performance- M/s. Infogain India Private Limited Agenda Item No. 13 Monitoring of Performance- M/s. MMTC Ltd Agenda Item No. 14 Monitoring of Performance- M/s.Charishma Jewellery Pvt. Ltd. Agenda Item No. 15 Monitoring of Performance- M/s. Indus Valley Partners (India) Pvt. Ltd. Agenda Itern No.16 Monitoring of Performance- M/s. Omega Products Pvt. Ltd. Agenda Item No. 17 Monitoring of Performance- M/s. Omnia Jewels LLP

File No.S-SEZ-11/11/2021-SEEPZ-SEZ MINUTES OF 178" MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER.ON 237 AUGUST, 2023 THROUGH VIDEO CONFERENCING. 1..Name of the SEZ SEEPZ-SEZ. 2. Meeting No. : 1786४ 3. Date : 23.08.2923 Members Present: No Name of Members Designation Organization Shri. (०. की. 8:. dt. Development ८ ग्र रा ०, 1०:72. Ow हि} Chauhan Commissioncr, ; SEEPZ-SEZ. er HY h Lal Joint Commissioner |JNomince of Income Tax office, g PAM Marmest Me Income: Tax Kautilya Bhawan, Bandra, hi. Himanshu 3 phar Pandey Deputy Director DGFT Nominee of the DGFT, Mumbai. 4 Dest Kirti . Deputy Director Nominee of Directorate of Deshmukh, Industries lindustrics, Mumbai. Shri cop peri t Yomince of Commissioner of 5 iri. Sandec Superintendent of rustoms, General, Air Cargo, mar stoms Saher. Special Invitees:- 1.Shri. Anil Chaudhary

Specified Officer, SEEPZ-SEZ

2. Shri. Prasad H Varwantkai : Deputy Development Commissioner, SEEPZ-SEZ Smt. Bridget Joe, EA 5 DC/ADC i/c (SEEPZ-SEZ), Shri. Haresh’ Ky Dahilker, ADC (New-SEZ), Shri. Manish. Kumar, ADC (New:SEZ), Shri. Ravindra Kumar, Assistant, Smt. Rekha Nair, Assistant and Shri. GS Bhandari, Assistant also attended for assistaryice and smooth functioning of the meeting. Agenda Item No, 01: Confirmation of the Minutes of the 177% Mééting held on 28.07.2023. The Minutes of the mecting held on 28.07.2023 were confirmed with consensus.

File No.$-SEZ-141/11/2021-SEEP2-SEZ ie Apenda Item. No, 02 :- Application for Repair for remaini 2026-27 of M/s. Jewe. Third Party Le. 2023-24 to The unit had si ilted application ussion for third party air frorh E ८ overscas Customer for vcriaining pcriod of 4 years 2023-24 to 2026-27. During the disc observed that the req 4 years, whereas, the :ssion with the rep vent of third part: cniatlive of the uni, the Commitice i 32,000 pieces f i tion fer 32,000 pieccs nit had made aon! Therefore, the unit was asked to submit res for third party repairs. application statin: jewellery pieces props Vide letter datec parly repair pormission { 8.2023, the unil has mentioned that 32000 pes for “ yoars and they will repair their export goods as well as goods procured ftom various suppliers by their overseas clients. o confirmed that they have read and agreed to follow 25.03.2010 issucc, by Me The details of third p {4 years arc ag 9: her, they have al instruction ०.51 date repair lor remaining eS 5 wae eee a डबल Description of Items te be Repaired PCS to be |Approx Labour | No Repaired Charges 1 Plain and Studd Geld/Silver/Pla S2000 | $ 3,20,000.06 [Palladium powelry. Base (Stecl/ Copper/Brass/Titanium/Tung ith precious cither unsiudded or studded with d colour es ee CZ and |__ Synthetic stone, stone. 1 i i i i i j 1 i i : i | i During the cise. plementation of zssion, the Deveclommient Commissioner observed. thal ihe

instruction No. 5 $ MeL thoritorcd by Customs and a mechanistn to be devised to do so Decisic ation, the Com th of & approves

© proposal of Mid-term ay 18. 2023-84 ६ park LLP subject ic compliance of Instruction 51, dated Cé&i and also dirc er, SEEPZ-SEZ

1. pS sions Revision with third « 2026-27 of M/s. Je 25.03.2010 issucd, ०5 te monitor the detai viy repair for rem 5 4 granted to the units Agenda Item No.03 Application received for Change in Shareholding Patter: & Board of Directors of Course 3 ligence Limited Course ding Pattern Comunittes t the uri

File No.S-SEZ-1 1/11/2024 -SEEPZ-SEZ DIR12 (.e Appoixitmient of Directors). In this regard, the unit representativ téd that due to téchnical issues with ROC website a for appointment of Shri. Kumar Mehta, Shri. Chetan Naik and Shri. Pranay Parikh and on fling with ROC, they will submit the said documents. mms are in process of f warhittee deférred the proposal-of ti ¥ OF ROC (2) Form DIRI Decision : instructed ta sul Directors) and after submission of the same, the proposal may bé placed i next Approval Com é Meeting. Agenda Item No. 04: Application for Additional Input ‘Services’ required for their Authorized Operations ef Mys. Tiger Jewellery {india} Pvt. Ltd The unit tequested for Additional input Services which ate not covered under default list of services as per-detalis-given. below: Se [Adon Seiece | veasonton . | Additional Services Justification No. 1 ny other services [Club orMembership in various xport promotion ssociation services] associations as well as seeps association. 2 ny other servicesCommission and. other intermediary services (Business Auxiliary falis under Business Auxiliary serviccs. ervices| Decision » After délibération, the Committee approved the following Input services required for authorized operations to the unit:

1. Any other services.[ Chub-or association services|]
2. Any other services] Business Auxiliary services] The Committee also directed the unit to submit to Specified Officer, the mor details of commission paid to their service: providers. Agenda Item No. 05: Application. for Additional Input Services required for’ their Authorized Operations of M/s. Vishal Diamonds. The unit requested for Additional Input Services which are not covered unde default list of-services as per details given below: DS: Sr. |Additional Services Justification No. i Any other services (Club orMembership in various export. promotion वा जय end She temas ev services] ssociations as-well as scépz association 2 (Any other servicesCommission and other intermediary services [Business Auxiliary falls under Business Auxiliary services.

File No.8-SEZ~11/11/2021-SEEPZ-SE2Z ervices] | Dutring the discussion, the representative of the unit informed that he appearcd before the Committee fer their request of third. party repair permission and he was not aware about ihcir application for list of services. Decision : After deliberation, the Committee deferred the proposa! for additional input services as the U Representative was not awarc about submission of their application dated 01.07.2023 fer additional put services.

File No.S-SEZ-11/11/2021-SEEPZ-SEZ Agenda Item No. 06: Application for Additional Input Services required for Authorized Operdtions of My/s. Eco-Friendly Diamonds LLP The unit requested fer Additional, Input Services which are not covered under default Ust of services as per details given below: Sz. jAdditional Services Justification No. i Any other services as. [Cinb\Membership’ in various cxport promotion or association services] associations. as well as secpz association. 2 Any other services asiCommission and othér intermediary services (Business Auxiliary serviccs] falls under Business Auxiliary services. Decision : After deliberation, the Committeé approved. the following séiviccs. Féquired for authorized operations to‘the दाग:

1. Any other Services | Chib-or association. services}
2. Any other services { Business Auxiliary services] The Committee also directed the unit to submit. to Specified Officer, the monthly details of commission paid to-their service providers. Agerida Item Ne. 975 Monitoring of Performance of M/s: Fusion Jewellery Mig. Co. Pvt. Ltd-H for the period of 2 ‘years ié. 2020-21 & 2021-22 The unit has submitted the APR for the period 2020-21 & 2021-22 duly certified by Chartered Accountant. The export and import data for the period 2020- 21 & 2021-22-was retrieved from NSD for cross verification with data submitted by them-in the APR and same has. been found satisfactory. है the period 2020521 & 2021-22 as the unit had achieved positive NFE-on cumulative basis in terms of Rule 54-0f SEZ, Riles 2006. Agenda: Item No. 08! Monitering of Performance of M/s. Aplab Ltd, for the period of 2 years i.e. 2020-21 & 2021-22 The unit has Submitted the APR fer the pericd 2020-21 & 2021-22 duly cettified by Chartcred Accountant. The export and import data for the perisd 2020- 21 & 2021-22 was retrieved from NSDL-for cross verification with data submitted. by them in the APR and same has been found satisfactory. Decision: After deliberation, the Committce noted the performance of the unit fer the period 2020-21 & 2021-22, as the unit had achieved positive NFE on cumulative basis in terms of Rule 54 61 SEZ Rules 2006. The Contmittee directed the unit to

File No.S-SEZ-11/11/2027-SEEPZ-SEZ 13. Clear the pending ducs immediatcly; and i. dubmit the registercd sub-lease agreement. Agenda Item No. 09 : Monitoring of Performance of M/s. Amore Jewels Pvt. Ltd or the period of 3 years ie. 2020-21,2021-22 and 022-23. ड़i od 2 The unit has s 23 duly certificd by period 2O20-21,202 | verification. with dai tted the APRs for the period 2 artered Accountant. The exp and 2022-23 was retrieved from submitted by them in il t data for the DL fer cross APR and same has been found satisfactory. Decision : After de ation, the Commitice neted the performance of the unit for the pcriod 2020-21,202 1-22 and 2022-23, s of Rule 54 of Sk he unit had achieved | Rules 2006. positive NFIE on cumulative basis in tc The Committee infarmed the unit that action for delay in submission of APR for y period 2021-22 will be taken as per Rules. he meeting ended with the vote o ks to the Chair. {Rajesh Kumar Mishra, TRS} hhairperson-cum Development Commissioner, SEEPZ SEZ. Signed by Chanderpaisingh Chauhan Date: 12-08-2023 19:30:27 Reason: Approved

Action Taken for Approval Committee held on 23.08.2023 Agenda Item No Subject Remarks Agenda Item No. 01 Confirmation of Minutes of the meeting held on 28.07.2023 Agenda Item No. 02 Application for Mid-term Revision with Third Party Repair for remaining period of 4 years ie. 2023-24 to 2026-27 of M/s. Jewelspark LLP Letter issued to the unit on 21.09.2023 Agenda Item No. 03 Application received for Change in Shareholding Pattern & Board of Directors of M/s. Course 5 Intelligence Limited Letter issued to the unit on 20.09.2023 Agenda Item No. 04 Application for Additional Input Services required for their Authorized Operations of M/s. Tiger Jewellery (India) Pvt. Ltd Letter issued to the unit on 20.09.2023 Agenda Item No. Application for Additional Input Services required for their Authorized Operations of M/s. Vishal Diamonds. Letter issued to the unit on 26.09.2023 Agenda Item No. 06 Application for Additional Input Services required for their Authorized Operations of M/s. Eco-Friendly Diamonds LLP Letter issued to the unit on 27.09.2023 Agenda Item No. 07 | Monitoring of Performance of M/s. Fusion Noted Jewellery Mfg. Co. Pvt. Ltd-II for the period of 2 years i.e. 2020-21 & 2021-22 Agenda Item No. 08 | Monitoring of Performance of M/s. Aplab | Letter issued to the unit Ltd, for the period of 2 years i.e. 2020-21 & 2021-22 on 21.09.2023 Agenda Item No. 09 Monitoring of Performance of M/s. Amore Jewels Pvt. Ltd for the period of 3 years i.e. 2020-21,2021-22 and 2022-23. Letter issued to the unit on 15.09.2023

GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI AGENDA NOTE FOR CONSIDERATION OF AAA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE Proposal for Approval |The proposal of M/s. Gems & Jewellery Export Promotion Council for Committee setting up of a new unit , SEEPZ-SEZ as Mega CFC Rule provision w.r.t SEZ Rule 17 & 18. SEZ Rules, 2006 ‘Application for setting up of New Unit as Mega CFC in SEEPZ-SEZ for Request of the compan’ 5 4 pany | cervices Status of the company 1.6. proprietorship/ P/Proprietorship/Partnership-Individual/ Company Pvt_Ltd_Com pany partnership/Individual under section Council and statute under which registered with registration no. & year lof registration Product to be = Description SAC/ HS Code warehouse/ service to Casting Services(Gold, Platinum & Silver) 9989 be rendered Micron Plating/Rhodium Plating Services 9989 Hallmarking Services 9989 LGD Testing Services 9993 Mass Finishing Services 9988 CAD & CAD Rendering Services 9989 Enamel / Coating Services 9988 Photography & Video Services 9983 Refining Services (Gold, Platinum & Silver) 9989 GNC Services) | Services 9989 3D Printing Services — Metal 9989 3D Printing Services — Resin & Wax 9989 3D Printing Services — Ceramic 9989 Colour Laser Engraving — Services 9989 LAB Testing Services and XRF 9993 Training & Skilling School 9992 applicant in SEEPZ- _|Admeasuring 10635.69 sq. mtrs, at Mega Common Facilitation (Mega EZ CFC), Near Gate No. 01, SEEPZ-SEZ, Andheri (E)- 400096. Proposed Location of 5

= सजकनाइन of Land/ built-up area (Area in Sq. Mtrs.) Sr. No Details Area in sq. mtr. | i | Factory & Office [| mid | i | Warehousing/ Storage | 0.७. [|

Others, Specify | om iv Built-up Area 10,635.69 Sq. mtr. M/s. Gems &Jewellery Export promotion Council है i As per Balance sheet of ee Gems &Jewellery Export promotion Financial capability of |Council Total Income (Fig. Rs. In Cr.) 31.03.2022 152.10 Cr. 31.03.2021 = Cr; 31.03.2020 188.81 Cr. [Name of all Directors Sr. No. Name of the Director Designation Vipul Shah Chairman Kirit Bhansali Vice-Chairman Ajesh Mehta Director Details of Profit NA Sharing ratio oils A Cost of The Project Amount in Crores |__|Plant & Machinery Cr. [10 be provided by SEEPZ-SEZ Authority Project Cost las per MOU dated 05.12.2022 Indigenous 1:50'Cr, Imported 3:50 Cr. Total (A) 5.00 Cr Sources of Funds 1. Means of Finance:- | 8 | Means of Finance Amount in Crores Internal Accrual 5.00 Cr. 5.00 Cr. Total (B) ee | Cr.

Investment Details=o No. Particulars Rs. in Crores 110 be provided by SEEPZ- (a) Plant & Machinery SEZ Authority as per MOU dated 05.12.2022 (i) indigenous | [1 500०... | cr. (1) Import CIF Value | 350०. | er, rom m+ay | @+ a | 500८: Cr. eT) In Crores) [import Indigenous (a) {Capital Goods | 3500. | Cr. | 1502८: | Cr. Import & indigenous Raw Material, requirement of components, 10.00 Cr. 4.29 Cr. materials and other (b) |consumables, packing inputs Imaterial, fuel etc. for IS years (c) [Input Services 4.77 Cr. 5.99 Cr. Total 18.28 Cr. 11.78 Cr. i [Ma Women ‘Total employment | wo 45 Rs. in Cr.) 1 Year [27 Year B Year किp Year 5" Year Total IFOB Value a 34 lof Exports 22.60 24.98 27.68 30.16 33.06 138.48 Foreign Foreign Exchange Exchange Balance Sheet Outgo for 2.95 3.32 3.70 4.08 4.23 18.28 Ithe first five lyears (Net Foreign IExchange 19.65 21.66 23.98 26.07 28.83 120.19 Earning Other information ‘The applicant in their Project Report has stated as under: Mis. Gems &Jewellery Export promotion Council- they are submitting the application for issuing a letter of approval for setting up o Service Unit in SEEPZ-SEZ as Mega Common Facilitation (Mega CFC), \Near Gate No. 01, SEEPZ-SEZ, Andheri (E)- 400096. M/s. Gems &Jewellery Export promotion Council —setting up a Inew unit admeasuring area 10635.69 sq. ft. GIEPC and SEZ Authority; Ihave come together for the purpose of setting up a Mega Common! Facilitation Center (Mega CFC) whose main objective is to increase the

efficiencies of the Jewellery Processing Units including SMES by, offering common facilities which are not available with individual units, ‘The primary objective of the Mega CFC would be to provide quality services to the customers by satisfying their industrial requirements as well as product development. The Mega CFC would provide support and offer services for designing and manufacturing of Gems and Jewellery! products. The Facility would inculcate quality and safety measures in the design, manufacturing and usage of various types of advanced machinery| and equipment. The Mega CFC would also offer research & development, consulting and laboratory services not a profit making| Company, socio-economic project etc. Observation ‘The application has been scrutinized and the following observations| are as under : 1. The applicant (GJEPC) has not submitted application, through SEZ online. 2. The applicant has indicated that allotment is as per MOU between SEEPZ and GJEPC 3. The applicant has mentioned DTA sale of Rs 31.85 Crore. However, it is not clear how they will ensure activity for SEZ, unit and DTA unit to be carried out separately. 4. This is the first case in SEEPZ wherein the Developer has purchased the duty free machinery and transferring the same to unit which is not a SEZ unit. 5. In respect of nature of firm, the unit has indicated “A section 8 company” which needs to be clarified by them. ADC Recommendation The proposal of M/s. Gem & Jewellery Export Promotion Council for setting up of a new unit as Mega CFC, SEEPZ-SEZ for Services viz. Casting Services(Gold, Platinum & Silver), Micron Plating/Rhodium Plating Services, Hallmarking Services, LGD Testing Services, Mass Finishing Services, CAD & CAD Rendering Services, Enamel / Coating Services, Photography & Video Services, Refining Services (Gold, Platinum & Silver), CNC Services, 3D Printing Services — Metal, 3D Printing Services — Resin & Wax, 3D Printing] Services - Ceramic, Colour Laser Engraving — Services, LAB Testing Services| and XRF, Training & Skilling School etc. is submitted to Approval Committee for consideration in terms of Rule 17 & 18 of SEZ Rules, 2006 subject tol observation made above. RRRERRKREHEARREKEERK

File No.S-SEZ-PRO/150/2022-SEEPZ-SEZ OFFICE OF THE DEVELOPMENT COMMISSIONER,- SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI HERRERA मेक ऋ मेक AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal : Application received from M/s. Indojewels Jewellery Private Limited for capacity Enhancement with Revised of Projection for remaining period of 2 years i.e. 2023-24 to 2024-25 on account of Additional Location i.e. Unit No. 003, Multistoried Building, SEEPZ SEZ. b. Specific Issue on which decision of AC is required: - Approval for Capacity Enhancement with Revised of Projection for remaining period of 2 years, 1.6. 2023-24 to 2024-25 on account of Additional Location ie. Unit No. 003, Multistoried Building, SEEPZ SEZ. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/ Notification :- Proviso 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 item of manufacture or services activity if it meets the requirement of Rule 187, d. Other Information: - M/s. Indojewels Jewellery Private Limited., located at Unit No. 003, Multistoried Building has been granted LOA No. SEEPZ-SEZ/IA- I/JPL/19/2019-20/04853, Dated 04.03.2020 as amended for manufacture & export of Plain/Gold Jewellery Studded with Diamonds and Precious Stone. The LOA will expire on 05.05.2025. CHECK LIST FOR Re-LOCATION

File No.S-SEZ-PRO/150/2022-SEEPZ-SEZ Name of the Unit IM/s. Indojewels Jewellery Private Limited हु Present location nit No. 001, Multistoried Building ra—“—sSTMS—C‘zCY 732 Sq.mtr. LOA No. & Date EEPZ-SEZ/IA-1/JPL/19/2019- 20/04853, Dated 04.03.2020 Items of Manufacture/ Service Plain/Gold Jewellery Studded with Diamonds and Precious Stone. Date of Commencement of Production 06.05.2020 Validity of LOA 05.05.2025 Proposed Location& Area Unit No.003, Multistoried Bldg, EEPZ-SEZ 8285.20 sq.ft. Whether copy of Letter of Intent/Agreement executed with the Developer is submitted or not? he unit has submitted NCLT Order dated 16.08.2023 Whether the unit has submitted the revised projection in respect of additional location. es * DETAILS OF CAPACITY ENHANCEMENT IN ITEMS OF MANUFACTURE | IN ITEMS OF MANUFACTURE Items of Manufacture Existing Proposed. Total Capacity Capacity Capacity (PCS) for Additional (Pcs) space (PCS) Plain /Gold Jewellery Studded with Diamonds 40,000.00 po 1,00,000 and Precious Stone It is seen from the above that there is an increase in the Capacity of Items of manufacture on additional location. @ COST OF PROJECT के MEANS OF FINANCE: Rs. In Cores, Sr. . Amount No. Particulars (Rs. In Cores) i Built-up Space/Self Financed 6.10 2 Plant & Machinery Imported 2.00 Indigenous 1.45 3 Furniture & Fixtures 0.40 4 Electrical Fittings 0.45 5 Other Assets & Security iC तज-ज>ऑ ्Žख | 6 | Net Working Capital 13.60 7 Renovation & Service Chgs |... / कल

File No.S-SEZ-PRO/150/2022-SEEPZ-SEZ Total 24.00 | MEANS OF FINANCE _ 1 Foreign Direct Investment 4.00 2 External Commercial Borrowing 12.00 3 Bank Borrowing 8.00 Total 24.00 The proposed re-location projections and existing approved projections submitted submitted by unit is as follows:- ®@ Projections:- Sr. Particulars Existing Existing Proposed No. Projection | Projections Projections of 2 of 5 years | of 2 years years (Additional 2020-21 to | (approved) Location) 2024-25 | 2023-24 to 2023-24 to 2024-25 2024-25 IRs. In Cores|Rs. In Cores |Rs. In USs’000 ores A [Foreign Exchange Earnings 238.12 121.65} 215.00] 26875.00 (based on FOB value of export of entire production Foreign Exchange Outgo |_- || |- || | _- | |- || i. [import of Machinery 2,00 ; _ हट | - || |- | ii. Import of Raw Material and | _ | P| 157.61 197,02 (a) components in its raw form Import of re-making and | | | 14.39 17.98 remanufacturing unused/used, Inew, broken jewellery goods (०) [Assorted Jewellery for

• | - | | remaking/ melting as raw material approx & third party repair (c) [import Raw material on Loan | | | _ | | | | | Basis from Approx ‘otal Import of Raw Material & |_ | | _ | | | | | omponents iii. [Import of Spares & | | p 0.21 0.27 onsumables iv. (Repatriation of dividends and | | P|

| | | | lprofits to foreign collaborates vy. [Royalty |- | | | - | | - ।ै¢। vi. [Lumpsum Know how fee |- || |- | | - | |- | vii. [Design & Drawing fees | - | |- | |- | | - | viii. Payment on training of Indian | | | | | | | | echician abroad ix. |Commission on| | | | | | | | | xport/discount. mkting exps

File No.S-SEZ-PRO/150/2022-SEEPZ-SEZ etc x, |Foreign Travel 0.49 0.27 0.35 0.44! xi. [Amount of interest to be paid

| ः¨ on External commercial borrowings/deferred payment redit/ Foreign Bank charges, exhibition, export promotion lExps etc (specific details) xii. |Any other payments |- | |__ | | - | |- | iB | ‘otal (i to xii) 170.18 85.98 17.25 215.70 . INFE {A-B) 67.95 35.68 42.44 53.05 It is seen from the above, there is increase in the projection as compared to earlier projection. @ EMPLOYMENT GENERATION :- Existing Proposed Men 150 175 Women 75 110 Total 225 285 Further the unit vide letter dated 21.09.2023 (/C} has stated as follows : They have purchased one unit in SEEPZ through NCLT under the sales deed agreement between Panache Export Private Limited (company in Liquidation) and M/s. Indojewels Jewellery Pvt. Ltd on 16.08.2023 the said unit (#003) is located on the ground floor of Multi Stories Building, Andheri (east}, Mumbai- 400096. M/s. Indojewels Jewellery Pvt. Ltd is having a full-fledged working unit in the same multi-storeyed bldg. (Unit#001) under LOP No. SEEPZ-SEZ/1A- 1/JPL/19/2019-2004853, Dated 04.03.2020 valid upto 05.05.2025. indo jewel is already into the manufacturing of Lab Grown Diamonds studded in jewellery. indojewels has done an export turnover of 74.00 crore. The current financial year, the unit has already done a sales turnover of Rs. 40.00 crore despite recession in the US market. They will be doing a sale turnover of Rs. 90.00 er till 31.03.2024 and with the further growth of 30% in the financial year 2025-26 (120.00 crore plus). Attention is also invited to “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 Rute 18]. e) ADC’s Recommendation: The proposal of the unit for Capacity Enhancement and revision of projection for remaining period of 2 years, i.e. 2023-24 & 2024-25 due to additional location 1.6. Unit No. 003 in Multistoried Building is placed before Approval Committee for

File No.S-SEZ-PRO/150/2022-SEEPZ-SEZ consideration.

OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, a. Proposal: - Application received from M/s. Twinkle Diamond Jewellery (India) Pvt. Ltd for Broad Banding of items with revised projection for remaining period of 3 years i.e. "2023-24 to 2025- 26. b. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/ Notification :- In terms of proviso of 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”. c. Other Information: - M/s. Twinkle Diamond Jewellery (India) Pvt. Ltd was granted Letter of Approval No. SEEPZ-SEZ/IA-I/NUS/APL/GJ/311/03-04/524 dated 24.03.2003 as amended as amended for Plain Gold/Platinum/Silver Jewellery & Studded Gold/Silver/Platinum Jewellery etc. The unit has commenced production w.e.f. 18.10.2005. The validity of LOA is upto 31.03.2026. IName of the Company IM/s. Twinkle Diamond Jewellery (ndia) Pvt. Ltd, Location Unit No.503, Block-I Unit No.702, SDF-VIIT LOA No. & date SEEPZ-SEZ/IA-I/NUS/APL/GJ/3 1 1/03-04/524 dated 24.03.2003 as amended items of Manufacture/Trading Plain Gold/Platinum/Silver Jewellery & Studded! . Gold/Silver/Platinum Jewellery IDate of Commencement of Production | 18.10.2005 Existing Block Period 2021-22 to 2025-26 Validity of LOA 31.03.2026 Whether Addl. CG/ Export, if any,/Yes

envisaged for the new product Whether newly included items Ro estricted/banned Whether design and production facilities|Falls under chapter 71 are common and have © similar] Imanufacturing process in relation to the existing products. EXISTING APPROVED ITEMS . ITC/CPC Code tem Description Metric Production Capacity 71131910 Plain Gold Platinum _‘|Pieces 25000.00 Silver Jewellery 71131913 Studded Gold Platinum |Pieces 65000.00 Silver Jewellery PROPOSED BROAD BANDING ITEM ITC/CPC Code Item Description Metric Production Capacity 71023910 CUT & POLISHED [Pieces 22750.00 DIAMONDS Revised projection fer remaining period of 3 years i.e. 2023-24 to 2025-26:- SL Approved of |Approved of| Proposed period of 3 No. 5 years with 3 years years on including of additional (apprd.) broad banding item location 2023-24 to 2023-24 to 2025-26 (apprd.) 2025-26 (1USS = Rs. 82) 2021-22 to 2025-26 Rs. Crore Rs. Crore | Rs. Crore US'000 1. FOB value of exports 369.01 304.01 948.919 115721.83 2. Import of Machinery 4.9 3.0 4.6895 571.89 B. Import of Raw 121.21 101.83 537.26 65519.51 Material and] components 4. Import of Spares & 3.5 2.8 2.8 341.46 Consumables

S. (Unused Jewellery for 14.39 11.91 19.02 2319.51 Reair/Remaking Return “| Repatriation 0 | | | जन dividends and profits} 10 foreign collaborates Royalty | - | } oo - | | - | |- | री Lumpsum Know how | | |. | | | | fee P| Design & Drawing | | | | | | | _ | fees ; 10. |Payment of foreign || | | | | |. | technicians 11. Payment on training 0 P| | | | | | | Indian tech. abroad 12. {Commission on export f | | _- | | _- | | - [| 13. {Foreign Travel 0.049 0.039 0.039 4.76 14. [Amount of interest to | | |. | | |] | 96 paid on ECB 15. |Any other payment | | | | Fo | Fo 16. {Total (2 to 15) 144.049 119.579 563.8085 68757.13 17. |NFE (1-16) 224.961 184.431 385.1105 46964.7 It is seen from the above, there is increase in the projection on account of broad banding « EMPLOYMENT GENERATION :- Existing Proposed Men 270 400 Women 64 84 The Specified Officer vide letter dated 21.07.2023 has stated that the unit has requested for broad banding, for processing semi polished diamonds (Natural Diamonds) imported for the purpose of further finishing into final cut and polished diamonds. The permission may be considered by the competent authority in view of the following comments:- a. The goods to be imported and exported must be examined 100% in order to establish the identity. b. The Unit needs to submit how they propose to get the identity of finally processed goods with that of imported goods, in view of accepted fact, that cut and carat weight of the imported goods would necessarily change.

ए The weight loss expected to take place in the said processing is stated as 25% to 35%. The identity can be said to get established with respect to imported goods if the weight loss is not more than 5% and the colour and clarity is exactly the same. d. In case the mode of work is job work, the export will be only to the supplier. In case of outright purchase, the unit needs to establish the identity with the imported goods with that exported finished goods to third party and proper linkage should be ensured. e. The unit has not stated what will happen to the remittance of goods which would get destroyed in the process. As the said goods would not be exported, the duty liability of the unit needs to be ascertained. f. Further, condition of any allied act or any other law in force, if required, should be fulfilled at the time of import and export. Attention is invited to the letter no. SEEPZ-SEZ/TA-I/Policy/46/08-09/3042 dt. 25.03.2009 read with the letter No. SEEPZ-SEZ/IA-I/ Policy/46/2008-09 dated 25.09.2019 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 permission”. However, when the Articles get classified under 7115 and/or excluded from Chapter 71 by notes under Chapter 71 of Customs Tariff or are articles of base metals clad with precious metal, broad banding permission will have to be obtained. 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 At 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". Also Attention is invited proviso of In terms of Para Rule 19 (2) of SEZ Rules, 2006 which stipulates that 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. ADC’s Recommendation: The proposal of the unit for Broad Banding of item with revised projection for remaining period of 3 years ie. 2023-24 to 2025-26 is placed before Unit Approval Committee for consideration. KRAEMER KARE कै मे मेष मे मर मटर RK मर मे भर मी रे

OFFICE OF THE DEVELOPMENT COMMUSSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA. RRAMR AAR AERA

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE Proposal: - Application received from M/s. Vishal Diamonds for permission for Third Party Repair Specific Issue on which decision of AC is required: - Permission for Third Party Repair Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/ Notification :- In terms of Instruction No. 51 dated 25.03.2010 issued by MOC&I. Other Information: - M/s. Vishal Diamonds were granted Letter of Approval No. SEEPZ-SEZ/NUS/APL/GJ/314/03- 04/0451 dated 28.08.2003 as amended for Studded gold Jewellery with cpd and polished diamonds/precious and semi precious stones/silver/gold. The unit has commenced production w.e.f. 11.07.2014. The validity of LOA is upto 31.03.2024 I \Name of the Company IM/s. Vishal Diamonds 2 (Location Unit No. 5, Tower-I, SEEPZ++, SEEPZ- SEZ, Andheri (East), Mumbai - 400096 3 |Area Unit No. 05 164 Sq. mtr. 3 ILOP No, & Date SEEPZ-SEZ/NUS/APL/GJ/314/03-04/0451 dated 28.08.2003 as amended a Items of Manufacture/ Trading Approved capacity Proposed Capacity (PCS) (PCS) 8) Studded gold Jewellery with cpd and! polished diamonds/precious and semi 55000 No change precious stones/silver/gold 5 Outstanding of Rental dues IL 6 | Validity of sub-Lease agreement Sub-Lease Agreement is executed w.e.f. 02.05.2003 7 Date of Commencement of Production {11.07.2014 B | Validity of LOA 0204... | 1.03.2024

Further the unit vide letter dated 25.07.2023 has also stated as under: Currently the global jewellery markets are slow and there are now requirements from customers asking to carry repair activity of their jewellery to tide over the slow market conditions and tum non selling stock into saleable stock. International labour charges are very high & logistic charges are also high for dispatching separate shipment from different vendor. Customers are procuring goods from various vendor worldwide and they like to have a single point of repair which will save them a great deal of time, freight as well as labour charges. They will charge them for the gold, platinum, silver, diamond, precious & semi-precious stone etc. at value added cost when used from stock and this activity will generate foreign exchange inflow and provide an opportunity to maintain continuity of business relations with customers who may curtail orders due to current economic situation which is affecting jewellery sales worldwide. The anticipated volume per annum will be as under : Deseription of Items to be Approximate Pcs to be Approx Labour Repaired repaired Charges(Lacs) PA or Diamond Studded Gold/Silver 800 Rs.20 Platinum Jewellery. It is seen that the unit has submitted the Form F & there is no change in the projections in the remaining period of 2 years i.e. 2022-23 to 2023-24 as per MOC&I Instruction No. 51 dated 25.03.2010 for third party repair under: The details of the revised projections for remaining period of 2 years i.e. 2022-23 to 2023-24:- details of the revised projections for remaining period of 2 years i.e. 2022-23 to 2023-24:- Projections:- SI. No. [Particulars Existing of 5 | Existing of 2 Proposed for 2 years years year 2022-23 to 2023-24 for third (approved) | (approved) party repair 2019-20 to | 2022-23 to 2023-24 2023-24 (1US$ = Rs. 75) Rs.75 Rs. In Crore {Rs. In Crore Rs. In Crore US'000 1. FOB value of exports 25] 11.5; 11.5 1533.33) 2. Import of Machinery 0.15) | jl Yi 3 import of Raw Materials and] 15 | ४ 6.3 840 Components 4, Repair of jewellery | ae | 0.6| | 80|

Import of Spares & 0.19 0.06 0.06 8 (Consumables a Repatriation of dividends andj a नि® | | | | profits to foreign collaborates 7. Royalty || | | | | a iLumpsum Know how fee. | ो° Po | Po P| Design & Drawing fees P| ||] | | | 10. (Payment of

• foreign| | |ो°ऋ | Po Po technicians

{Payment on training of Indian | | Po Po । tech. abroad 12. (Commission on export Po || [। |] Po 13 Foreign Travel P| a P| P| 14... |Amount of interest to be paid ||। | ऋ Po Po lon ECB 15. 179 other payment fo P| | _ | ।[ | 16. ffetal(2to1s) | (2 to 15) 15.34 | 6.96) [| 6.96) 928 17. INFEG-16) iS (1-16) |__ 966 4.54) 4.54) 605.33) It is seen from, there is no change in the projections Sor their third party repair E. ADC’s Recommendation: Attention is invited to Instruction no. 51 dt, 25.03.2010 issued by MOC&I may be seen wherein a procedure was instructed to be followed by all G&J units in future for bringing in jewellery, broken jewellery for remaking, remelting and repairing like maintain of register, filling in the data of import for remelting, repairing, remaking and also entry of removal alongwith the quantity and description. Based on the said Instruction, Customs issued a Public Notice no. 01/2010 dt. 08.04.2010 and a corrigendum to that effect on 26.04.2010 directing all Unit holders to strictly follow the procedure. The request of the unit for Permission for Third Party repair for Diamond Studded Gold/Silver or Platinum Jewellery is placed before Approval Committee for consideration in terms of Instruction no. 51 dt. 25.03.2010 read with Public Notice no. 01/2010 dt. 08.04.2010 and a corrigendum to that effect on 26.04.2010 and also subject to the condition that:-

(1) The import of the items will only be for the purpose of repairs and re-export only. (ii) The basic identity of the jewellery imported shall not change. (iii) The repairs will be carried out within the allotted premises. (iv) Proper detailed description of the jewellery to be imported for repairs and eventually exported shall be given to the Customs. (v) 100% examination shall be carried by SEEPZ Customs at the time of imports as well as exports of the same to establish identity. (vi) The activity will be restricted to 5% of previous year FOB value of export in respect of LOA dated 28.08.2023 (vii) The provisions of SEZ Act, Rules and order made thereunder shall be complied. (viii) The permission granted will be subject to review. WR RK RA मे मे आगे मे मे ओके कफ KK

b) GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, ऋफमे अर रे मे के के भे के मेरे के AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE Proposal: Request of M/s. Micro Components for Additional List of Services required for their Authorized Operations. Specific Issue on which decision is required: The details of following additional service which is not covered under the default list of services as per MOC&l F. No. D.12/19/2013-SEZ Dated 02.01.2018 and Instruction No. 94 dated 08.05.2019 is as under: Default Default List of Justification No. List of Services Services No. 1 Adni Any other services as Membership in various export promotion approved by DC associations as well as seepz association. offices [ Club or association services 2 Adnl Any other services as Commission and other intermediary approved by DC services falls under Business Auxiliary offices [ Business services. Auxiliary services c) Relevant Provisions: Instruction No. 94 dated 08.05.2019 — “DC/UACs may expand the list of services to facilitate units/developers in their respective zones”. d) Other Information:

1. | Name of the Unit M/s. Micro Components
2. | LOP No. & Date SEEPZ-SEZ/IA-I /NUS/APL/HW-03/16- 17/17889, Dated 05.07.2016 as amended
3. | Date of Approval of Revised SEEPZ-SEZ/IA-I/NUS/HW-03 /16-17/ 13533, Projection Dated 12.08.2022
4. fication | | Unit No. 160, SDF-V, SEEPZ-SEZ, Andheri East), Mumbai- 400096.

Item(s) of | Half Size, Crystal Can Relays, Relays and any of manufacture /Trading Its Sub Components (Coils, Motors, Headers} | 6. | Outstanding Rent Dues Rs. 650,649.88/- as on 03.10.2023 7. | Validity of Sub-lease | Sub-lease agreement is registered for the period agreement 26.10.2021 to 25.10.2026 |e | Date of commencement | 26.10.20 16 production | 9. | LOA Valid upto }25.10.002 ___ै¢ ७ ७$७$७8झऊ$झ्नकनकि·p॑| 10.2026

Further, the unit vide letter dated 19.07.2023 has requested for Additional List of services for their Authorized Operations are as under: a Default Default List of Justification No. | List of Services Services No. 1 Adnl Any other services as Membership in various export approved by DC offices [ promotion associations as well as Club or association seepz association. services 2 Adnl Any other services as Commission and other intermediary approved by DC offices [ services falls under Business Business Auxiliary services. Auxiliary services e) ADC Recommendation: The proposal of said service are not covered under the default list of services as per MOC&I F. No. D.12/19/20 13-SEZ Dated 02.01.2018 and Instruction No. 94 dated 08.05.2019 is placed before the Approval Committee Meeting for consideration.

GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, *keke k kkk AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal: - Request of M/s. Flawless Jewels for Additional List of Services required for their Authorized Operations. b. Specific Issue on which decision is required: The details of following additional services which are not covered under the default list of services as per MOC&I F. No. D.12/19/2013-SEZ, dated 02.01.2018 and Instruction No. 94 dated 08.05.2019 is as under: Sr. |List of Additional Services |Justification No. 1 ‘Any other services [Club orMembership in various export promotion! association services] associations as well as SEEPZ association. 2. ‘Any other services [Business|Commission and other intermediary services falls} \Auxiliary services] lunder Business Auxiliary services. c. Relevant Provisions: Instruction No. 94 dated 08.05.2019 -- “DC/UACs may expand the list of services to facilitate units/developers in their respective zones.” d. Other Information: 1. [Name of the Unit M/s. Flawless Jewels 2. SEEPZ-SEZ/IA-I/FJ/12/2019-20/03115 dated ILOP No. & Date 13.02.2020 as amended 4. [Location Unit No. 62, 63 A & B, SDF ना, SEEPZ-SEZ, [Andheri (East), Mumbai- 400096.

|Item(s) of manufacture/Trading| Studded palin Gold Jewellery, Studded Plain] Platinum Jewellery | 6. | Outstanding Rent dues Rs. 2,66,870.97/- as on 03.10.2023 7. (Validity of Sub

leaseiSub-lease agreement is pending for adjudication for agreement jthe period 20.02.2020 to 19.02.2025 | | [Date of commencement 20.03.2020 production |? | [LOA valid upto 19.03.2025 Further, the unit vide letter dated 28.06.2023 has requested for Additional List of services for their Authorized Operations are as under: Sr. List of Additional Services —_ |Justification INo. 1 [Any other services Membership in various export promotion associations| [ Club or association services] jas well as SEEPZ association. 2 Any other services [Business\Commission and other intermediary services falls Auxiliary services] lunder Business Auxiliary services. ADC Recommendation: The proposal of said services not covered under the default list of services as per MOC&I F. No. D.12/19/2013-SEZ, dated 02.01.2018 and Instruction No. 94 dated 08.05.2019 is placed before the Approval Committee Meeting for consideration. Bee ee de de केसे de oe के से के मे से मे के ak मे ae ore He oe oe eae ae He मे मर ee मे.

2836/2023 File No.Cust.-12/3/2023-CUSTOM 83 OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, KAKI AIK IERIE AGENDA NOTE FOR CONSIDERATION BEFORE (“SS NOTE FOR CONSIDERATION BEFORE UNIT APPROVAL COMMITTEE (M/s. MOHIT DIAMONDs PVT. LTD., 3° Hoor, Bo’ eee MOHIT DIAMONDs PVT. LTD., 3°4 Floor, Block No. 02, SEEPZ++, SEEPZ A) SEZ) Proposal: - Action proposed against the Unit M /s. Mohit Diamonds Pvt. Ltd., under Rule 54 (2) of the SEZ Rules, 2006 for violation of Section 30 {a) of the SEZ Act, 2005 and Rule 22, Rule 34, Rule 36, Rule 47 (1) & Rule 48 of the SEZ Rules, 2006. B) Specific Issue on which decision of AC is required: - Since it appears that Shri. Bharat Krushna Nasare, diamond quality checker, and M/s. Mohit Diamonds Pvt. Ltd., has prima facie violated the provisions of SEZ Act, 2005 and SEZ Rules, 2006, the unit is also liable for penal action against under FTDR Act 1992. Under Rule 54 (2) of the SEZ Rules, 2006, UAC is the competent authority to decide the action to be taken against the unit for failing to abide by any of the terms and conditions of the Letter of Approval or Bond-cum-Legal Undertaking. Cc) Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/ Notification:- i. In terms of section 30(a) of SEZ Act, 2006, subject to the conditions specified in the rules made by the Central Government in this behalf, any goods removed from a Special Economic Zone to the Domestic Tariff Area shall be chargeable to duties of customs including anti-dumping, countervailing and safeguard duties under the Customs Tariff Act, 1975, where applicable, as leviable on such goods when imported. ii, In terms of Rule 34 of SEZ Rules 2006, the goods admitted into a Special Economic Zone shall be used by the Unit or the Developer only for carrying out the authorized operations but if the goods admitted are utilized for purposes other than for the authorized operations or if the Unit or Developer fails to account for the goods as provided under these rules, duty shall be chargeable on such goods as if these goods have been cleared for home consumption.

2836/2023 File No.Cust.-12/3/2023-CUSTOM 84 iiil.As per Rule 36 of the Special Economic Zones Rules, 2006, all documents for admission of goods into and out of Special Economic Zone shall be filed before the Authorized Officer of Customs, as the removal of goods from SEZ to DTA requires payment of duty as provided U/S 30 of SEZ Act 2005. iv.As per Rule 47 (1) of the Special Economic Zone Rules 2006, a unit inside the SEZ may sell goods and services including rejects or wastes or scraps or remnants or broken diamonds or by-products arising during the manufacturing process or in connection therewith, in the Domestic Tariff Area on payment of customs duties under section 30. v. Rule 48 of the Special Economic Zone Rules, 2006 inter necessitates the domestic area buyer to file a bill of entry for home consumption giving complete details of the goods ymake model, serial number and specification along with invoice and packing list with the authorized officers (2) In terms of Rule 54 (2) of SEZ, Rules 2006 “In case the Approval Committee comes to the conclusion that a Unit has not achieved positive Net Foreign Exchange Earning or failed to abide by any of the terms and conditions of the Letter of Approval or Bond-cum-Legal Undertaking, without prejudice to the action that may be taken under any other law for the time being in force, the said Unit shall be liable for penal action under the provisions of the Foreign Trade (Development and Regulation) Act, 1992.” D) Other Information:- The details of the unit are as below:- Sr. | ee Heading Details No. | ame के Address offM/s. Mohit Diamonds Pvt. Ltd. he Unit rd Ploor, Block No. 02, SEEPZ++, SEEPZ-SEZ, Andheri East}, Mumbai — 400 096. 2 1.08 No. & Date [A()NUS/APL/GJ-344/03-04/3947, dated 07.06.2004. 3 item(s) ofGoid, Platinum and Commbination Jewellery, Studded lnanufacture/Service|with Diamonds, Precious, Semi Precious Stones, Pre Activity lous Metal and Stones i.e. Silver Jewellery Gold and Platinum Studded with treated diamonds studding with pearls. 4 Date 0f/04.07.2005 ommencement 0

File No.Cust.-12/3/2023-CUSTOM 2836/2023 [| production | Dod E) On 26.09.2022, Shri. Bharat Krushna Nasare, diamond quality checker, of M/s Shri Mohit Diamonds Pvt. Ltd., while on his way out on his two wheeler bike bearing no. MH-02-CJ-9655 arrived at Gate no. 03, SEEPZ-SEZ was found in possession of a plastic box in plastic carry bag containing colour stones in 21 small plastic packets (each plastic packets containing 28 pcs of colour stones). The 28 colour stones were found totally valued at Rs. 41,000/-by the government approved valuer. During the investigations carried out by this office, it has been established that Shri Bharat Krushna Nasare, was carrying the said Colour stones out of SEEPZ- SEZ area without any documents/ permission and without payment of customs duty. Though Shri. Bharat Krushna Nasare, diamond quality checker admitted in his statement that I admit that he has violated the SEZ Act & Rules and apologized for the same as the said act was not done intentionallyas Further he stated that he was suffering from severe spine pain on that day, so he inadvertently forgot to deposit the said goods in the safe and unintentionally carried the said goods in his bag, which was ultimately detected by the SEEPZ security staff at the time of his exit from the gate no. 03. Statement of Shri Hitesh Mahesh Thakkar was also recorded wherein he stated that the color stones in 21 small plastic packets (each plastic packet containing 28 pieces of colour stones) found in possession of Shri. Bharat Nasare belongs to their unit M/s. Mohit Diamonds Pvt. Ltd. Furher he said that Bharat Nasare did not check the stock of raw materials before leaving the office on 24.08.2022 as he was in severe pain of spine, the said goods were kept by him inside his plastic bag in the same packing condition as received from the DTA and he forgot to deposit the same in safe/locker. Thereafter, while leaving the unit, he carried the said good along with him and got caught at the exit point of the SEEPZ-SEZ. He stated that it was the first mistake of their employee, Bharat Nasare and the same seems to have happened inadvertently, it was security lapse on their part. M/s. Mohit Diamonds Pvt. Ltd., Shri. Bharat Krushna Nasare, diamond quality checker, of knowing that rules and regulations framed under SEZ Act and SEZ is a restricted area and while coming in and going out the valuable goods are supposed to be declared to officers posted at the gates. This act resulted in illegal attempted removal of 28 Colour Stones from the SEZ Unit. It appears that the management to 85

File No.Cust.-12/3/2023-CUSTOM 2836/2023 be a complicit in this act of illegal removal of Silver Bars from SEEPZ-SEZ. Thus they have violated the SEZ Rules and Regulations. During the inspection of stock, subsequent to detention of 28 Colour Stones from Shri. Bharat Krushna Nasare, diamond quality checker,, a total of 11.70 Cts of colour stones, in jewellery form was physically found on inspection. However, as per the CA Certifiéd stock summary the stock of 28 Colour stones available with the unit as on 08.09.2021. Hence the total unaccounted 28 Colour Stone in possession of M/s. Mohit Diamond s Pvt. Ltd. is found to be 11.70 Cts which is in violation of Rule 34 of the SEZ Rules and conditions of BLUT. The aforesaid act by Shri. Bharat Krushna Nasare, diamond quality checker, of M/s Shri Mohit Diamonds Pvt. Ltd., is a violation of the terms, conditions and submissions by the unit M/s Mohit Diamonds Pvt. Ltd., in their BLUT filed under Rule 22 of the SEZ Rules 2006 and submitted to SEEPZ authorities. SEEPZ-SEZ is a specially delineated duty free enclave and permission is required from proper authority to bring in /take out goods from SEZ as envisaged in Special Economic Zone Rules-2006. As no permission was obtained and no documents were filed by the authorized representative of the unit to take out the said goods from SEEPZ-SEZ, they have contravened the provisions of Section 30 (a) of the SEZ Act, 2005 and Rule 22, Rule 34, Rule 36, Rule 47 (1) & Rule 48 of the SEZ Rules, 2006. The units working in SEZ are effecting clearance on self declaration and hence, they are expected to comply with the Rules and Regulations of SEZ and such acts of violation of governing rules and procedures need to be penalized in self declaration and assessment regime. Hence for the aforesaid acts of negligence and omission, Shri Bharat Krushna Nasare M/s Mohit Diamonds Pvt. Ltd. and unit M/s Mohit Diamonds Pvt. Ltd. have rendered themselves liable to Penal action under provisions of SEZ Act 2005 and FTDR Act, 1992. The facts of the case are placed before the Approval Committee in terms of Rule 54 (2) of SEZ Rules, 2006. 86

GOVERNMENT OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ- SPECIAL ECONOMIC ZONE, kkk kkk ka KEE AGENDA NOTE FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE FOR ISSUANCE OF SHOW CAUSE NOTICE TO THE UNITS FOR THEIR ACTS OR OMISSION PUNISHAABLE UNDER THE FOREIGN TRADE (DEVELOPMENT AND REGULATION) ACT, 1992 [A] Proposal: An approval may be granted by the Unit Approval Committee (UAC) to issue a Show Cause Notice (SCN) to SEEPZ-SEZ Units namely Allied Digital Services Limited, Unit No.405 & 406, 4" floor, Multi-storied Building, SEEPZ-SEZ, Andheri East, Mumbai-400 096 for their acts or omission punishable under the Foreign Trade (Development and Regulation) Act, 1992. {B] Specific Issue on which decision of UAC is required: The Units being authorised for operations related to Information Technology and Information Technologies Enabled Services had taken out 58 CPUs from SEEPZ-SEZ under work from home scheme in terms of the provisions of Rule 43A of the SEZ Rules, 2006 and attempted to bring back 56 out of 58 CPUs into SEEPZ-SEZ in the form of e-waste. The duty along with interest, as applicable on 56 CPUs, total amounting to Rs.1,33,705/- (One lakh thirty three thousand seven hundred and five rupees only) was demanded from the Units by this office in terms of the proviso to Rule 43A (12) of the SEZ Rules, 2006 read with Section 5(1) of the IGST Act, 2017 and the Units paid the same vide payment Challan No. 289 dated 22.09.2023. The Units misused the provisions of Rule 43A of the SEZ Rules, 2006 with clear motive of removing parts and components of CPUs without payment of IGST total amounting to Rs.1,21,747/- (One lakh twenty one thousand seven hundred and forty seven rupees only), as 56 out of 58 CPUs have been brought back into SEEPZ-SEZ in the form of e-waste. The Units also failed to ensure in accounting appropriate records as per the extant rules in respect of 58 CPUs which were temporarily removed from SEEPZ-SEZ under work from home scheme and violated

the provisions of Section 30 of SEZ Act, 2005 read with Rule 43A (12) of the SEZ Rules, 2006 by removing those CPUs from SEEPZ-SEZ into DTA in terms of Rule 43A (11) of the SEZ Rules, 2006 and failed to bring back the CPUs into SEEPZ-SEZ in same condition. Therefore, UAC approval is required for issuing Show Cause Notice to the Units, Allied Digital Services Limited as well as any other related person (s) for penal action under section 11 (2) of the Foreign Trade (Development and Regulation) Act, 1992 (as amended time to time) for their acts or omissions in terms of section 25 of the SEZ Act, 2005 read with Rule 43A (12) of the SEZ Rules, 2006 [C] Other Information pertaining to the Unit: LOA No. & Date Unit No. 405 |SEEPZ-SEZ/IA-I/APL/SW-09/2010-11/8218 dated 29.07.2010 nit No. 406 |SEEPZ-SEZ/IA-I/APL/S W-010/2010-11/9320 dated 27.08.2010 Validity of LOA Unit No. 405 [30.06.2024 [Unit No. 406 [20.08.2024 {tem(s) of manufacture/ Services ‘Unit No. 405 [Information Technology and Information} & 406 Technologies Enabled Services Date of commencement of Unit No. 405 01.07.2014 production Unit No. 406 [21.08.2014 Execution of BLUT (Unit No. 405 we <& 406 Outstanding Rent dues Unit No. 405 |Rs.800/-(Gate Pass) as on 25.09.2023 & 406 Labour Dues ‘Unit No. 405 <& 406 Validity of Lease Agreement ‘Unit No. 405 |Sub-lease agreement is registered w.e.f. & 406 12.10.2010 for 95 years [Pending CRA Objection, if any (Unit No. 405 [No & 406 (As per APR file) Pending Show Cause Notice/ [Unit No. 405 ० Eviction Order/Recovery Notice/ & 406 (As per APR file) Recovery Order issued, if any (Male [Female [Transgender INo. of employees Unit No. 405 {120 [30 oo | Unit No. 406 [125 30 bs ‘Area allotted (in sq. ft.) [Unit No.405 | No. 405 [791i sqft. | sq.ft. Unit No. 406 9063.21 sq ft. Area available for each employee per sq. ft. basis [Unit No. 405 52.74 sq. ft./employee

(applicable for Gems & Jewelle Unit) (area / no. of employees) Unit No. 406 58.47 sq. ft./employee Unit No. 405 Unit No. 406 Building IRs. 362.36 Lakh 415.11 Lakhs Lakhs Investment till date [Pjant& Machinery 0... ट/शफक 0 roTaL | IRs. 362.36 Lakh Rs.415.11 Lakhs Per Sq. ft. Export during the FY Unit No. 405 (Unit No. 406 Rs.0.302 lakh per sq. {Rs.0.546 lakh per sq. ft. ft. Quantity and value of goods exported under Rule |Unit No. 405 NE B4 Unit No. 406 1 (unutilized goods) Value Addition during the monitoring period ot applicable delayed to be given. Whether all the APRs being considered now have YES. been filed well within the time limit, or otherwise. If no, details of the Year along with no of days lin respect of Unit No. 405 and 406, APR for the year 2021-22 has been monitored vide 171" Minutes of Meeting dated 31.01.2023 of the pproval Committee. ; [D] Observations:

1 appears that the Units, Allied Digital Services Limited, temporarily removed 58 Central Processing Units (CPUs) from SEEZ-SEZ against 29 employees allegedly working for the Units under work from home scheme, vide permission dated 04.02.2023 of the Authorised Officer in terms of the provisions of Rule 43A of the SEZ Rules, 2006 and brought back 56 out of those 58 CPUs on 22.05.2023 in the form of e-waste as parts and components like processor, RAM, hard drive etc. were taken out from 56 CPUs at the time of bringing back to SEEPZ-SEZ. It appears from documentary evidences that the Units have never taken out 02 CPUs against one employee working for work from home in past and this is the first time when 02 CPUs without monitor, keyboard and mouse were taken out from SEEPZ- SEZ against one employee allegedly working for the Units under Work from Home scheme which indicates clear motive of taking out parts and components of CPUs from SEEPZ- SEZ in the guise of work from home scheme in terms of the provisions of Rule 43A of the SEZ Rules, 2006 without payment of IGST applicable in terms of the provisions of section 5 (1) of the Integrated Goods and Services Tax Act, 2017 read with section 30 of the SEZ Act, 2005 and the Customs Tariff Act, 2017. It appears from the facts and documentary evidences of this case that the Units had knowingly and wilfully mentioned incomplete description of 58 CPUs in the packing list at the time of its removal from SEEPZ-SEZ under work from home scheme in terms of the provisions of Rule 43A of the SEZ Rules, 2006 and removed 02 CPUs from SEEPZ-SEZ

against one employee with pre-planned intention of removing as many parts and components of CPUs into Domestic Tariff Area (DTA) without payment of duty i.e. Integrated Goods and Services Tax applicable in this case in terms of the Customs Tariff Act, 2017 read with section 30 of the SEZ Act, 2005. It appears from voluntary statements of both the Admin. Executives of the Units that 58 CPUs were temporarily taken against out from SEEP7Z-SEZ under work from home scheme by misusing the provisions of Rule 434 of the SEZ Rules, 2006 and attempted to bring back 56 CPUs out of 58 CPUs in the form of e-waste as parts and components were missing from 56 CPUs at the time of bringing back the same into SEEPZ. False details of employees were used to take out 58 CPUs under work from home scheme. Tt appears from voluntary Statement of the director of Allied Digital Services Limited that no permission or any instruction was given in respect of temporary removal of those 58 CPUs either under work from home scheme or for testing purpose. It also appears that both Admin. Executive working for the Units during the material time have committed offence with consent or connivance of, or on account of negligence on the part of, any director, manager, secretary or other official of the Units in terms of section 25 (2) of the SEZ Act, 2005 because 58 CPUs cannot be temporarily removed from SEEPZ- SEZ Unit to DTA Unit of Allied Digital Services Limited in the guise of work from home scheme without any permission or authorisation from higher management. The Units failed to ensure in accounting appropriate records as per the extant rules in respect of 58 CPUs which were temporarily removed from SEEPZ-SEZ for work from home and thus, violated the provisions of Section 30 of SEZ Act, 2005 and Rule 43A (12) of the SEZ Rules, 2006 by removing those CPUs from SEEPZ-SEZ into DTA in terms of Rule 43A (11) of the SEZ Rules, 2006 and failed to bring back the CPUs into SEEPZ-SEZ in same condition, and evaded applicable IGST amounting to Rs.1,21,747/- (One lakh twenty one thousand seven hundred and forty seven rupees only) as 56 out of 58 CPUs have been brought back into SEEPZ-SEZ in the form of e-waste. Therefore, the Units in SEEPZ-SEZ along with other related person (s) for their acts or omissions in terms of section 25 of the SEZ Act, 2005 read with Rule 43A (12) of the SEZ Rules, 2006 has rendered themselves liable for penal action under section 11 (2) of the Foreign Trade (Development and Regulation) Act, 1992 (as amended time to time). TORS ESR EI ACEIO जे कक जल CISC IHG ESO AGE ACCES A के के AACE AS A ARE

GOVERNMENT OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ - SPECIAL ECONOMIC ZONE, FR SESE SER BS OE ERE AGENDA NOTE FOR CONSIDERATION BY THE UNIT APPROVAL UNIT APPROVAL COMMITTEE A) Proposal: Monitoring of the performance of the Unit, M/s. KP Sanghvi International Pvt. Ltd. (Trading Division), GJ-04, SEEPZ++, SEEPZ- SEZ, Andheri (E), Mumbai - 400096 for the period 2021-22 & 2022-23 of block period 2018-19 to 2022-23. B) Specific issue on which decision of UAC is required: The monitoring of performance of the Unit for FY 2021-22 and 2022-23 of block period 2018-19 to 2022- 23 in terms of Rule 54 of SEZ Rules, 2006. Cc) The details of the approved export projections for 2021-22 & 2022-23 block period of 5 years i.e. FY 2018-19 to 2022-23 are as detailed below: T) Approved Projections: PP ] (Rs. in Crores dst Year | 2°¢ Year 3 Year 4th Year | 5th Year Total FOB value of 5.49 5.93 6.22 6.53 6.85 31.04 export FE Outgo 5.23 5.50 5.77 | 6.06 | 6.36 28.95 NFE 0.25 0.43 0.45 0.47 0.49 2.09 I) Performance as compared to projections during block eriod 2018-19 to 2022- Pp Proj 8 P 23: [ Year Export FEOUTGO | OUTGO Raw Material CG. import Other Projected | Actual (Goods/ Services) outflow Projected | Actual Projected | Actual Actual 2018-19 5.49 6.14 5.23 6.10 |_ 0.00 | | 0.00 | |__ 0.00 | 2019-20 5.93 6.36 5.50 5.65 |0.00| | 0.00 | | 000 | 2020-21 6.22 15.51 5.77 16.25 | 0.00| | 0.00 | | 0.00 | 2021-22 6.53 19.49 [56.06 | 15.47 |_ 50.00 | | 0.00 | 0.00 | 2022-23 6.85 0.12 6.36 0.39 | __ 0.00 | | 0.00 | | 0.00 | Total 31.04 47.64 28.9553 43.88 |_ 00 | [0.00 | | 0.00 | (Rs. In Crores) Page 1 of 7

(वा) Cumulative NFE achieved during the block period 2018-19 to 2022-23: (Rs. in Crores) [Year Cumulative Cumulative NFE Cumulative % NFE Projections NFE Achieved Achieved 2018-19 0.25 0.35 140% 2019-20 0.68 Li] 145.58% 2020-21 1.13 3.05 269.91% 2021-22 1.60 21.16 1322.5% 2022-23 2.09 21.29 1018.66% (IV) Whether the Unit achieved Positive NFE: Yes (D) Other information: LOA No. & Date SEEPZ-SEZ/IAI/NUS/APL/TRD /01/12-13 dated 27.05.2013 Validity of LOA 22.08.2018 to 21.08.2023 Item(s) of manufacture/ Services Alloy for Silver, Alloy for Gold (It does not contain any Gold and is used for converting pure Gold in different Karats), Alloys for Platinum, Alloys for Palladium, Copper Zinc Base Alloy, lectro-Plating Solution: (Rhodium, Palladium, Platinum, Silver, Gold). These are Noble Metal solution which is used for plating Jewellery for getting a desired finish for the end products. Date of commencement of | 22.08.2013 production Execution of BLUT [एछ&._.....्Ž्Žख् ऊझकश Outstanding Rent dues Rs. 1, 02,678/- as on 23.09.2023 Labour Dues [INL ——CSCdC Validity of Lease Agreement Sub-Lease agreement is registered for the period w.e.f. 01.03.2003 for 95 years Pending CRA Objection, if am ०७... £|झ Pending Show Cause Notice/ Eviction OrderfRecovery Notice/ Recovery Order issued, if ar Nil (As per available record on file) a) Projected employment for the FY Men | Women | Transgender block period 2021-22. | 1 1 oO b) No. of employees as on 31.03.2023 2022-23 | 1 1 0 Area allotted (in sq. ft.) CAT Sg FE q. Ft. Area available for each employee | FY 73.50 sq. ft. | FY 73.50 sq. ft. per sq. ft. basis (area / no. of | 2021- | per 2022- | per employees) 22 employee 23 employee Page 2 of 7

Investment till | Financial Year 2021-22 2022-23 date Building Plant & Machinery oo रन TOTAL poo 1 Per Sq. ft. Export during the FY 2021-22 | 13.26lakh | 2022-23 | 86.39 lakh per sq. ft. per sq. ft. Quantity and value of goods | 2021-22 | Nil 2022-23 | Nil exported under Rule 34 unutilized goods Value Addition during the | 2021-22 | 2.73% 2022-23 | 0.00% monitoring period Whether the APR being considered _| Yes. Yes. now has been filed well within the time limit, or otherwise. (The APR for FY 2021- (The APR for FY 2022- 22 has been filed well | 23 has been filed well If no, details of the Year along with _| within the stipulated | within the stipulated no of days delayed to be given. time period on|time period on 29.09.2022 30.06.2023 (E) Reconciliation of EXPORT & IMPORT data: (a) EXPORT: (Rs. in Crores) EY. Figures Figures as | Difference Reason for Difference/Remark reported in per Trade if any APR (FOB Data Value) 2021-22 19.4911 0.0197 19.4714 The Unit vide letter dated 04.09.2023 has submitted that they have done only one export of value amounting to Rs.1.97 lakh vide 5/B No. 4035158 dated 14.07.2021 during FY 2021- 22. However, rest of the exports of value amounting to Rs.19.4714 Crore were done through TUT sales and the JUT sales data is not reflected in trade summary report as it can be seen separately in trade data in NSDL system after consolidating quarterly reports. Statement of books of account reflecting TUT sales of Rs.19.47 Crore has been submitted by the Unit. Page 3 of 7

2022-23 0.1270 - 0.1270 The Unit vide letter dated 04.09.2023 has submitted that they have done export of value amounting to Rs.12.70 lakh through IUT sales during FY 2022-23 and the [UT sales data is not reflected in trade summary report as it can be seen separately in trade data in NSDL system after consolidating quarterly reports. Statement of books of account reflecting IUT sales of Rs.12.70 lakh has been submitted by the Unit. (b) IMPORT: (i) Raw-Material including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: Rs. In Crores EY. Figures as | Figures as | Difference Reasons for difference per APR | per Trade if any Data 2021-22 15.4776 18.7556 3.278 The difference is reflecting due to the reason that total freight charges of Rs.3.06 Crore and Insurance charges of Rs.20.89 lakh are included in NSDL based import data. However, the Unit has not reflected the same in APR data as net purchase value has been taken as import in APR after deducting freight and insurance. 2022-23 0.39 0.40 0.01 The difference is reflecting due to the reason that total freight charges of Rs.39000/-, Insurance charges of Rs.6,000/-, miscellaneous charges of Rs.2,000 /- and agency charges of Rs.66,000/- have been included in NSDL based import data. However, the Unit has not reflected the same in APR data as net purchase value has been taken as import in APR after deducting freight, insurance, miscellaneous and . (i) Capital Goods including procurement done on JUT (from SEZ, EOU, STPI, EHTP) basis: Rs. In Crores | [Peri Figures as per | Figures as per Trade | Difference | _ Reasons for Year/Period APR Data if any difference | 2021-22 0.00 | 0७0. |! | 00 | I (2022-23 | 00७ | | 00_._.__[ 000 | - Page 4 of 7

(F) Bond-cum-Legal Undertaking (BLUT) (F.-Y. 2021-22) in INR) i Total amount of Bond-Cum-legal undertaking (BLUT) at 13,57,83,000.00 the beginning of the 5 years block period ii Value of BLUT amount at the beginning of the Financial 56,872,787 .00 Year 2021-22 (APR monitoring period) iii Value of additional Bond cum legal undertaking executed | om during the Financial Year 2021-22, if an iv Duty foregone amount on account of goods and services 4,85,42,580.00 imported or procured from DTA during the Financial Year 2021-22 (APR monitoring period) v Remaining or closing value of BLUT at the end of the 83,30,207.00 Financial Year 2021-22 (APR monitoring period) Bond-cum-Legal Undertaking (BLUT) (FY. 2022-23) (in INR) i Total amount of Bond-Cum-legal undertaking (BLUT) at the 13,57,83,000.00 beginning of the 5 years block period ii Value of BLUT amount at the beginning of the Financial Year 83,30,207.00 2022-23 (APR monitoring period) iii Value of additional Bond cum legal undertaking executed pm during the Financial Year 2022-23, if an iv Duty foregone amount on account of goods and services 12,85,768.00 imported or procured from DTA during the Financial Year 2022-23 (APR monitoring period) v Remaining or closing value of BLUT at the end of the Financial 70,44,439.00 Year 2022-23 (APR monitoring period) (G) | Details of pending Foreign Remittance beyond | 2021-22 | No (As Permissible period, if any per APR) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been | 2022-23 No (As obtained. per APR) (A) | Whether all SOFTEX has been filed for the said period. If प्र (9) no, details thereof. (3.0. to also check whether unit has obtained SOFTEX condonation from DC office/RBI and if approved, whether [Not Applicable for they have filed such pending SOFTEX. Gems and (b) Whether all SOFTEX has been certified, if so till which |Jewellery Units month has the same been certified. If not, provide details of the SOFTEX and reasons for pendency. (c) Whether unit has filed any request for Cancellation of SOFTEX Page 5 of 7

© Whether any Services provided in DTA/SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided 2021-22 2022-23 0) Is the unit sharing any of their infrastructures with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated 2021-22 2022-23 (K) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. 2021-22 2022-23 Yes (L) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. If no, details thereof 2021-22 2022-23 (M) Details of the request [Ds pending for OOC in respect of DTA procurement on the date of submission of monitoring report 2021-22 2022-23 No (N) Has the unit set up any cafeteria / canteen / food court in unit premises? If yes, whether permission from UAC / DC office has been issued, or otherwise office has been issued, or otherwise Whether unit has availed any duty free goods / services for setting up such facility? If yes, whether unit has discharged such duty / tax benefit availed? details to be given including amount of duty / tax recovered or yet to be recovered 2021-22 2022-23 (0) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring 2021-22 2022-23 No (P) Details regarding value and duty foregone on services procured from DTA during the APR monitoring period 2021-22 2022-23 No DTA procure ment Page 6 of 7

(Q) Vv Observations: As far as FY 2021-22 is concerned, the Unit has achieved export revenue of Rs.19.49 Crores against projected export of Rs.6.53 Crore ie. 298.46% of the export projection. As far as FY 2022-23 is concerned, the Unit has achieved export revenue amounting to Rs.0.12 Crore against projected export revenue of Rs.6.85 Crore i.e. 1.75% of the export projection. A sudden decline in export revenue has been observed. But, it did not affect in achieving +ve NFE. The Unit has achieved +ve Net Foreign Exchange on cumulative basis during the FYs 2021-22 & 2022-23 of the 5 years block period 2018-19 to 2022- 23. The APRs for the FY 2021-22 & 2022-23 have been filed within stipulated time Period. Sufficient amount of BLUT was available at the end of FY 2021-22 even after abrupt increase in export and the BLUT was also found +ve at the end of FY 2022-23 as the export suddenly decreased. The balance amount in BLUT at the end of FY 2022-23 for the block period 2018-19 to 2022-23 is positive. There is not any CRA objection against the Unit and no Show Cause Notice is pending for the FY 2021-22 & 2022-23. No Pending foreign Exchange Realization as of date. Page 7 of 7

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GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, Seto oe मेक कम Sg मेक मे: AGENDA NOTE FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE A) PROPOSAL: Monitoring of the performance of .M/s: Gold Star Jewellery Pvt. Ltd-Il unit located in G-30'& G40; Gems & Jewellery Complex गा, SEEPZ--SEZ, Andheri (E), for the period:2020-21 & 2021-22 of block period 2018-19: to.2022-23. 8) Speéific Issue on which decision of UAC is required: Monitoring of the performance of the unit for FY 20202 & 2021222 of block period 2018-19 te 2022-93 in: terms:of Rule 54 6f SEZ Rules; 2006. C) The details-of the approved export projections for block period of 5 years i.e. FY 2018-19. t6 2022-23, are as detailed below: (0) APPROVED Projections ; (Rs: in:Crores) [Year | Year |24Vear |3@ Year की Year | 5® Year Total FOB valiie 46,00 100.00 115.00 150,001 ~140.00 525.00 of export है FE Outgo. 6.00. 3.50 0.50 0.50 0.50 5.00. NFE 12.85 59:50 68.25, 79.90 88:60 309;10 it) Performance as:compared to the projections during the Block period 2018419 to’ 2022-23 | Export (Rs. In Crores) F.E.OUTGO (Rs. In Crores) Raw. Material Other Year . (Goods / Services) CG. import outflow Projected fctual Projected | Actual. Projected | . Actual Actttal 2018-19 40.00 15.81 29.70 7.28 [000 | 0.28 0.04 2019-20 100.00 107.11 33.50 45.431 3.50 2.09 0.92 2020-21 115.00 414.84 42.20 4.77 6:50 0.40 0:54 | 2021-22 130.00 222.58 31.05 92.74 0.50 . O79 . 2AB

(11) Cumulative NFE achieved duting the block period '2018-19 to 2022-23: (Rs. in Crores) Year Cumulative NFE Cumulative NEE Cumulative: % NFE Projection. Achieved Achieved 2018-19 12.85 4,06 31.59% 3019-20 7235 40.94 56.58% 2020-21 140.60 84.54 60:13 % 2021-22 220.50 वुश्श्हा 80.63% (79) Whether the Unit achieved Positive NFE : Yes Other Information: {D) LOA No: & Date SEEPZ SEZ/IA-I/NUS/G)-02/2017-18 Dated 05:06.2017 Validity of LOA 25.09:2023 ~ Ttem(s) of manufacture/ Services Plain /Sstudded Gold /Silver/ Piatinam Jewellery and /or Combination thereof, Stainless Steel jewelery studded with Diamond atid. Precious/ Semi Precious Stones & Pearl, studded watches with without Brackets 8kt gold Jewellety and 3kt &.6kt Gold findings. Date of commencement of production. 26.09.2018 Execution of BLUT pe की Outstanding Rent dues Rs. 6/12;528.60/-. as on 23.09.2023 Labour Dues. [CN Validity of Lease Agreement Sub-Lease agreement is registered forthe period -w.ecf: 08/05:2014: to 09.06.2019 AND Order issued, if any 10.06.2019 to 25.09.2023 Pending CRA Objection, if any No (As per APR file) Pending Show Cause Notice/ Eviction No Order/Recovery Notices Recovery (As-per APR file)

2020-2021 2021-22. a} Projected employment for the block.peériod. b) No. of employees.as on 300 300 1.03.202: 4 8 2024 169 279 Area allotted (in sq.ft) 14221 sq. ft. 14221:sq.ft Area available for each. employee. per) 54,14 sq; ft. basis (area /no..of employees) Sqftfemployee sq-ft/ employee Investment till | Building Rs. 3.45 Crores 3.45°Cr date 4 Planté& Machinery | Rs.-6:33-Crores 6.60:Cr. TOTAL Rs. 9.78 Crores “10.05°Cr. Per Sq. ft. Export during the FY Rs. $0758.32 pet Sq. Ft. 156606/ sq.ft Quantity and value of goods exported NIL under Rule 34 ‘unutilized 96685 Value Addition during the monitoring | 26.60% 26.34% petiod Whether all the APRs being considered, YES. No. ge Ji within the ti APR for the now has been-filed well within. the time y limi ces APR for the year year 202122 t, or. otherwise.. has been filed Iine, details of the Year along with no of 2020-21 has been CE eee a . Se filed ori 31.12.2021 | om 14.11.2022. days delayed to be given. There is a delay of 45 days. {F) Reconciliation of Export & Import data. (a) EXPOR. (Rs.In-crores ) Figures reported Year/Period in APR. (FOB Figures as per Softex /Trade Walue) Data Difference if any Reason for Difference/Remark

2020-21 114.84 T1350 7: 7 B84 Unit-vide letter dated. 13.06:2022 has informed that the difference is dtié to.consigament salés, free samples, re export-and consignment sales converted into export, Miscellaneous 2021-22 222.58 224.97 239 ‘The uitit vide letter dated 30.08.2023 has submitted that:the difference is due:to consignment sales; debit notes, free: supply and {freight and insurance (b) IMPORT: “@ Capital Goods including procurement done on IUT {from SEZ, EOU, छाए, EHTP) basis. ; : व ‘Rs; liv Crores) [= . Figures as per Di Reasons for Year/Period Figures as per Softex/Trade fference difference APR Data if any Uriit vide letter dated’13.06.2022 has informed that the différence.is'dueto 2020-21 444 2.28 2.16 consignment return, free. samples, third party repair.and. gold purchase from nominated agencies. 19.27 Res कक fhe unit vide letter dated 30:08.2023 has submitted that the difference 15 on. account of TUT goods. | 2021-22

(i) Raw. Materials including procurement done on JUT (from. SEZ, EOU, STPL EHTP) basis: (Rs. In Crores) Fi Figures as per Diffeven Reasons for Year/Period TuEeS aS per Softex/T- fade fferenice difference APR Dat ifany Data Unit vide letter dated 13.06:2022 has | informed:that the differéricé is due to “| 2020-21 41:77 21.89 consigriment return, free samples; third party repait बाप gold purchase from noniifiated agencies. ‘The unit vide letter dated 30.08.23 has jnfotmeéd that the difference is due to. free'samples, freight 2021-22 92.92 60:18 & insurarice, job work supply, third party répairs & returnsand gold purchased from ६ nominated agencies. (F) Bond cum Legal Undertaking (BLUT) (2020-21) i Total Bond-Cum, Legal Undertaking. (BLOCK Rs.4325.55 laklis © PERIOD) ; i Remaining Value of BLUT given by entity at the Rs: 3081.63 lakhs star of the Financial Year. ii Value of Additional Bond-cuni-Legal NIL Undertaking (BEUT) executed duting. the Financial Year. iv Tlie duty forgone on Goods/ Services imported Rs. 1271.46 lakhs or procured during the Financial Year (shotld include the GST féregoiie on DTA procured voods/ services) v Remaining Value of BLUT’as. at the end of the Rs. 1810.17 lakhs Financial Year [ (ii) + (iii)- (v1.

Bond cum Legal Undertaking (BLUT) (2021-22). i Total Bond-Cum Legal Undertaking Rs:-4325:55 lakhs iL Remaining Value-of BLUT given by éntity at the | star of the-Financial Year. Rs 181017 lakis iii Value of . Additional Bond-cum-Legal Undertaking. (BLUT) ‘executed during. the Financial Year. Rs.6524.32 Addl. BLUT has been'submitted by: the Unit. The satne is winder process of acceptance with DC Office. iv The duty forgone ort Goods/ Services imported or procured during’ the Financial Year (should include: the GST foregone on DTA procured goods/ services) Rs. 2776.08 lakhs Remaining Value of BLUT asi at the end of the Financial Year [ (ii) + (i= (v)]. 'Rs.5558.41 Lakhs, the: balance is:subjectto additional BLUT acceptance by DC Office. a of pending. Foreign Remittance beyond Permissible-period, if any To cross-check, thé same, and. vérify whether necessary. permission fiom AD Banik / RBI has been obtained. NIL (BH) (9) Whether all soffex has been filed for the said period. Ifrio, details thereof. SO to also’check whether unit-has obtained Softex condonation from DC office / RBI and if approved, whether they have filed.stich pending Softex. Not applicable for Jewellery (०) Whether all Softex has ‘been certified, if so till whieh month has the same been certified. If not, provide details of the Softex and reasons for ‘peridency. Not applicable for Jewellery unit. (c) Whether ufiit has Cancellation of Softex filed any. fequest.. for Not applicable for Jewellery Whether any Services provided in. DTA f SEZ/EQU/STPI etc. against payment in INRin r/o IT/TITES Unit during the period. If yes, details thereof (year wise details to be provided No. O) Is the unit’sharing any. of theixinfrastructures with other units or are utilizing infrastructure of another unit in the same or-other SEZ. If so, details. thereof, -incliding the details of the

unit. with whom. the sharing is being made, and the payment terms If approval for sharing of common’ infrastructute’ has beenobtained from: UAC / DC office; the date ot UAC / Approval letter to be indicated (K) Whether all DSPF for services procured during the said monitoring period under consideration. has been filed by the-wnit and whether the same has been processed for approval by the SO-Office. No. DSPF is pending, (i) Whether unit has filed all DIA procurement wert the goods précured. by them during the monitoring period forthe relevant period. If no, details thereof Yes (M) Details of the request IDs peitding for OOC in respect, of DTA procurement ori ihe date. of submission of monitoring report NIL Has the unit set up any cafeteria / canteen / food court-m unit premises. If yes, whether-permission from UAC / DC éffice has been issiied, of Otherwise office has been issued, or otherwise Whether unit has: availed any duty freé goods / services for setting up-such facility? If yes, whether «unit. has: discharged such duty / tax benefit .availed?. details, to. be-given, including amount of duty / tax recovered or ‘yet to be recovered. Whether aity violation of-any of the provisions of law has been noticed / observed by the Specified Officer during the petiod under monitoring (P) Observations:

The unit has achieved export revenue of Rs. 114.84 Crores as against’ projected export of Rs.115.00:Crores i.e. 99.86 % during the period from 2020-2021. The unit has achieved:export revenue.of Rs: 222.58Crores as against the projection of Rs.130.00 Cr Le: 171.21 % during the period fronr.2021-22 The unit has achieved ‘positive NFE diting the block period 2020-21 & 2021-22 _ The APR. for the year 2020-21 has been filed by the unit within the stipulated time period.

The APR for thé year’ 2021-22 has.not been filed by the unit. within the stipulated timé period. "There is a delay of 45 days in subitiission of APR 2021-22. 1f approved SCN May be issited tothe Unit for delay in submission of APR No case of foreign-exchangeis pending for realization for the year 2020 21 & There isno:‘CRA and SCN pending UAC may like to monitor the petformanceé of the Unit for the period 2020-21.in terms of Rulé'54 of SEZ Rules,.2006. है REAR नर आम किp मे के के.

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GOVT: OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC.ZONE, : ANDHERI (EAST); MUMBAI Be at मे ने ने नस AGENDA NOTE-FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE A) PROPOSAL: Monitoring: of the performance of M/s. Infogain India Private Limited, unit located in ‘Unit No. 74, SDF-IIL.SEEPZ* SEZ, Andheri (9) for the:period. 2020-21, 2021-22: & 2022-23 of block périod 2018-19 16 2022-23.

B) Specific Issué.on which decision of UAC is required: Moiitoring of the performance of the unit for FY 2020-21, 2021-22 & 2022-23 of ‘plock period 9018-19 to 2022-29 in terms of Rule 54७ SEZ Rules, 2006 C) The details.of the approved-export projections for block period of 5 yearsi.e: EY. 9073-19 to 2022-23,-are'as detailed below:

1. APPROVED Projections Re. in Crores वन Year | 2e¢Year [3 Year | 4" Year . [5 Year . | Total FOB valtie 12.50 13.75. 15:13 16.64 18:30 7632 of export . : | FE Outgo 2:68 2.94 3.56 3.98 4.47 17.63: NFE 9.82 10.81] 11.57 12.66 13.83 58.69 हा) Performaiice.as compared to pro} ections during the block petiod 2018-19 to 2022-23: (Rs. Tit Crores) [ Expott (Rs. In Crores) E.E. OUTGO (Rs:.In-Crores) Raw Material CG. import ther Year -{Goods/ Services) outflow ‘ojected cha . Actual Frojecte Actual Projected Actual Projected ~Aetual 3020-21 | 15.13 567 0.05) 0.00 0.45 0.08 0.55 1222 4.85 0.10 pe | |e | 0.05 0.87 2021-22 16.64 022-23. 3:42 0.15 | | 0.70 pom हि} 0.00 2022-23, 48.30 . :

(IH) Cumulative NFE achieved during the block period 2018-19 to 2022-23: (Rs. in Crorés) Year Cumulative NFE Cumulative NFE Canrdlative % NEE Projection. Achieved Achieved 2018-19 9:82 301 32.68 % 2019-20 20.63 5.82 हु 28,219 2020-21 32,20 10.89 33.81% 2021-22 44.86 14.73 32.83% 2022223 58.69 18.15 ~~ 30:92% (४) Whether the Unit achieved Positive NFE : Yes (D) Other Information: LOA No. & Daté 8(28)/82-EPZ DT. 06.05.1983 Validity of LOA ""$1.03.2023 Item(s)-of manufadture/ Services Development of Computer Software and Expertise. Date of commencement of production 04.02.1984 Execution of BLUT Yés Quistanding Rent dues Rs. 7,16,858.44/~as:0n 23.09.2023 Labour Dues OU Walidity of Lease Agreement Sub-Lease agreement is registered for the period weef 12.03.2016 to 31.93.2023 Pending CRA Objection, if any No (As per APR file) Pénding Show Cause Notice/ Eviction No Order/Recovery Notice/ Recovery (As per APR file) Order issued, if any 2020-21 2021-22 2022-23 200 200 200 a) Projected employment for the. block period

under Rule 34 (unutilized goods) b) No. of employees as on 31.03.2022 eee 24 %8 Ared allotted (in sq. ft.) 10183 sq. ft. 2020-21 2021-22 2022-23 Area available for each employee per / 118.450 89. Ff | 108.32 Sq:| 109.49 Sq. sq. ft. basis (area / no. of eniployées) per Et. per | Fe per employee employée employee Investment till |= 2020-21 2021-22 2022-23 date (Rs. In ia ae Crores) Building [१०0 | joo | 9.00 Plant& Machinery [10.20 0.20 000 TOTAL 0.20 0.20 0.20 | 2020-21 2021-22 2022-23 Per Sq. ft. Export during the FY Rs. 5568.10 | Rs. 4762.84.| Rs. 3358.53 per Sq. Fi. | per Sq, Ft. }per Sq. Ft Quantity and valtie of goods exported NIL Value Addition during the monitoring eriod Not Applicable being IT Unit. Whether all the APRs being considered now has been filed well within the time limit, or otfterwise, Ifno, details-of the Year along with no of days delayed to be.given. Yes. ; APR for the year 2020-21 has béen filed by the unit on 03.08.2021 and APR for the year'2021-22'has beencfiled bythe unit on 29.08.2022.

(E) Reconciliation.of Export & Import data. (a) EXPORT (Rs. in.Crores) Figures reported Figures as per pitt . 4 है Year/Period | in APR (FOB Softex /Trade i erence Dif Reas on, for Value) Data any ‘ference/Reniark 2020-21 5:67 5.67 ie —e 2024-22 4.84 4.84 ed — 2022-22 3A2 3.42

हनन (b) IMPORT (Capital (615 mcluding procurement done.on IUT {irom SEZ, EOU; STPL,EHTP) basis. Rs, In Crores . ; Figures as-per १६ Reasons for Figur: 1 Year/Period. rgures:as pee Softex/Trade Difference difference: APR. if any: Data oo 2020-21 po | eee |... । 2021-22 78.18 78:18 a eee 2022-23. 0.00 |__ | Foo (2) Bond cum Legal Undertaking (BLUT) 2020-21 Total Borid-Cum. Legal Undertaking for the block period 2018-19:to 2022-23. Rs. 1,68,40,000/+ it Remaining Value of BLUT given by entity at the start‘of the Financial Year 2020-21. Rs. 1,62,11,612/- i Value of Additional Bend-cum-Legal Undertaking (BLUT) executed during « the Financial Year. 2020-21. NIL iv The duty forgone on Goods/ Services imported or procured. during the Fimancial Year 2020-21 (should include the GST foregone on DTA procured goods/services Rs. 8,57,746/= Remaining Value of BLUT as at the end of the Financial Year 2020-21 (ii) + Gii)- (iv)]. Rs. 15353865 /--

2021-22 Total Bond-Cuim Legal Undertaking. for the | block period 2018-19 #6°2022-23 Rs. 1,68,40,000/- ii Retraining Value’of BLUT given by entity at the star of the:-Financial Year 2021-22. 1४, 15353865/- iii Value of Additional Bond-cum-Legal Undertaking (BLUT) executed during the Financial Year 2021-22. NIL iv The duty forgone on Goods/ Services imported or procured during.the Financial Year 2021+ procured go0ds/services 22(should. include the GST foregone on DTA |- Rs, 16,59,325/= Remaining Value of BLUT as.at the-end “of the Financial Year 2021-22-[ (i) + (ai)- (0५). Rs. 1,36,94,539/- 2022-23 Total Bond-Cunv Legal Undertaking for the block period 2018-19 10 2022-23 Rs, 1,68,40,000/- it Remaining Value of BLUT given by entity at the star of the Financial Year 2022-23. Rs. 1,36,94,539/- iii Value of Additional § Bond-cum-Legal Undertaking (BLUT) éxécuted during the Financial Year’ 2022-23. NIL Ww The duty forgone on Goods/ Services imported or procured during the Financial Year 2022-23 (should. inchide the GST foregone on. DIA procured goods / services Rs..2124/- ‘Remaining Value of BLUT as at-the end of the Financial Year 2022-23 | Gi)-+ (i) (iv). Rs. 1,36,92,415 /- Details. of periding Foreign Remittance. beyond Perthissible period, ifany ‘fo crosé-clveck the same and verify whether necessary ‘permission from: AD’ Batik / RBI has been obtained. 2020: | 2021-22, | 2022-23 श्र " NIL Nik NIL (1) (a) Whether. all softex thas been. filed for the said period. If no, details thereof. 30 to also check whether tnit has obtained Softex condonation from DC office / RBI and if approved, whether they have. filed such pending Softex. Yes.

Whether all Softex has been -céttified, if so till which month has the same beeri- certified. If not; provide details of the Seéftex ‘and reasons for pendency. Whether. anit. has filed any request for Cancéllation of Softex. Whether any Services. provided in DIA ya | SEZ/EOU/STPI eic. agairist paymient in INR inr/o ID/ITES Unit during the period. If yes, details thereof (year wise details to be provided, No. 0) Is the unit sharing.any. of their infrastructures with. |, other units of are ‘utilizing infrastructure of another unit. inthe same orvotherSEZ. if so, details thereof; including the details of the whit with whom the sharing is being made, and. the payment terms If approval for sharing of common infrastructure has been obtained from-UAC / DC office; the date of UAC. / Approval létter to be indicated Whether all DSPE for services procured during the said monitoring period undér consideration has been:filed by the unit and.whether the same has: been processed for approval by the SO Office: Yes {L) Whether tinit has filed all DIA procurement w.r.t the goods procured by them during the monitoring period for the relevant period. If no, détails. thereof Yes (M) Details of the request"IDs pending for (०९ in respect of DTA ‘procurement on the date of submission of nionitoring report NIL (&) Has the wnit set up any-cafeteria-/ canteen. / food court in unit premises. If yes, whether permission from. UAC / DC office has ‘been issued, or otherwise office has’ .been issued, or otherwise Whethér unit has availed any duty free: goods i services for'setting up such facility ? If yes, whether unit has discharged such duty / tax bétielit availed ? details to be given including amount of duty / tax recovered or yet to be técovered. No. Whether any violation of any of the provisions of law has been noticed / observed by. the Specified Officer during the period under. monitoring Ne.

({P).Observations:

The unit has athieved export revenue of Rs: 9.67°Crores. as against projected export Of Rs..15.13 Crores ie. 3747 % during the year, 2020-21. The unit has achieved export revenue: of Rs. 4.85 Crores as against projected export of Rs. 16.64 Crores ie. 29.14% duting the year 2021-22. The unit has'achieved export revenue of Rs. 3.42 Crores as against: projected. éxport of Rs. 18.30. Crores Le. 18.68. % during the.year 2022-23. The unit has achieved positive NFE during the years 2020-21, 2021-22 & 2022-23 and also during the entire block period. No case’ is pending for realization of foreign exchange beyond the permitted period for the years 2020-21, 2021-22 & 2022-23 The APR for the yeats 2020-21, 2021-22 & 2022-23. has been filed. by the wnit within the stipulated time period. UAC may like to ‘monitor the performance.of the Unit for the period 2020-21, 9021-22 & 2022-23 in terms of Rule 54.of SEZ Rulés,-2006. It is.also submitted that-the Unit.is applied for exit fromi the SEZ. OR a8 Sei He of SE EE SE ESE के DEE कक Ne के BA EOE ae कक TE ETE

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GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, MRE ER AGENDA NOTE FOR CONSIDERATION 07 THE UNIT APPROVAL COMMITTEE ° A) PROPOSAL: Monitoring of the performance of M/s. MMTC Ltd, Unit-50, Plot No. F-1, Gems & Jewellery Complex-1, SEEPZ- SEZ, Andheri (E), Mumbai for the period 2020-21 & 2021-22 of block period 2017-18 to 2021-22 and monitoring of the performance for the year 2022-23. B) Specific Issue on which decision of UAC is required: Monitoring of the performance of the unit for FY 2020-21 & 2021-22 of block period 2017-18 to 2021-22 and monitoring of the performance for the year 2022-23 in terms of Rule 54 of SEZ Rules, 2006 C) The details of the approved export projections for block period of 5 years ie. FY 2017-18 to 2021-22, are as detailed below: (1) APPROVED Projections (Rs. in Crores) IstYear | 2"¢Year | 34 Year 4th Year 5th Year Total FOB value} 150.30 240.48 300.60 450.90: 601.20 1743.48 of export FE Outgo 150.00 240.00 300.00 450.00 600.00 1740.00 NFE 0.30 0.48 | 0.60 | | 09% | 1.20 3.48 (II) Performance as compared to the projections during the block period 2017-18 to 2021-22 Export (Rs. In Crores) F.E. OUTGO (Rs. In Crores) Year Raw Material C.G. import Other outflow Projected | Actual (Goods/Services) Toes ome Projected | Actual | Projected | Actual Actual 2017-18 | 691.41 797.03 | 0.00 | | 0.00 | | १00 | | 0.00 | 0.00 2018-19 | 240.48 | 1002.10 — “aw | om | | oon | wn | 2019-20 300.60 75115 | 000 | | ०00 | | 000 | | 000 | | 0१0 |

5020-21 | 430.90 | 896.99 | १00 || 0.00 | | १0 | | १00 | | 0% | 2021-22 | 601.20 654.64 | 000 || 0.00 | | ९० | | 0.00 | | 2000७ | (III) Cumulative NFE achieved during the block period 2017-18 to 2021-22: (Rs. In Crores) Year Cumulative NFE Cumulative NFE Cumulative % NFE Projection Achieved Achieved 2017-18 2.41 2.99 124.06 % 2018-19 2.89 6.59 228.02% 2019-20 3.49 9.40 269.34% 2020-21 4.39 12.84 292.48% 2021-22 5.59 15.67 280.32% (IV) Whether the Unit achieved Positive NFE : Yes Other Information: LOA No. & Date SEEPZ-SEZ/1A-I/ NUS/ MMTC/11/2016- 17 dated 27.09.2016. Validity of LOA 11.05.2022 Item(s) of manufacture/ Services Supply of all types of raw materials, precious metals, precious and semi precious stones, diamonds (cut, polished, rough), machinery, equipments required for Gems & Jewellery Units & other units. Date of commencement of production 12.05.2017 Execution of BLUT Yes Outstanding Rent dues NIL Labour Dues NIL Validity of Lease Agreement Sub-Lease agreement is registered for the period w.e.f. 05.08.2020 to 04.08.2025 Pending CRA Objection, if any No (As per APR file)

Pending Show Cause Notice/ Eviction No Order/Recovery Notice/ Recovery (As per APR file) Order issued, if any 2020-21 2021-22 a) Projected employment for the 10 10 block period b) No. of employees at the end of financial year 7 |. «< | Area allotted काउव ft.) 2443.40 Sq.ft. 2020-21 2021-22 Area available for each employee per | 349.05 Sq. Ft | 407.23 Sq. Ft per employee sq. ft. basis (area / no. of employees) per employee 2020-21 2021-22 Investment till | Building Nil Nil date Plant& Machinery | Nil Nil TOTAL Nil Nil 2020-21 2021-22 Per Sq. ft. Export during the FY Rs. 3671073/- per | Rs. 2679217/- per Sq. Sq. Ft. Ft. 2020-21 2021-22 Quantity and value of goods exported | NIL NIL under Rule 34 (unutilized goods) Value Addition during the monitoring | NIL NIL period Whether all the APRs being considered now has been filed well within the time limit, or otherwise. If no, details of the Year along with no of days delayed to be given. Yes. APR for the year 2020-21 has been filed by the unit on 30.12.2021. No. APR for the year 2021-22 has been filed by the unit on 13.12.2022. So there is a delay of 74 days.

(E) Reconciliation of Export & Import data. (a) EXPORT (Rs. in Crores) Figures reported in APR (FOB Value) Year/Period Figures as per Softex /Trade Data Difference if any Reason for Difference/Remark 2020-21 896.99 - 896.99 2021-22 654.64 |. ४” | 654.64 The unit vide letter dated 31.08.2023 has informed that as per MMTC’s business model, they are importing bullion from overseas supplier on consignment basis and the same should be liquidated within 30 to 60 days and until it is priced/ purchased by the custorner/ SEZ, unit the stock belong to Supplier only. Further, MMTC is considering the value of actual pricing/ purchase of the metal by Customer through IUT whereas SEZ portal is fetching the value from Bill of Entry filed which is based (b) IMPORT: on suppliers invoice. (i) Raw Materials including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Crores) Year/Period Figures as per APR Figures as per Softex/Trade Data Difference if any Reasons for difference 2020-21 893.55 842.95 50.60 2021-22 The unit vide letter dated . 31.08.2023 has informed that as per MMTC’s business model, they are importing bullion from overseas supplier on consignment basis and the same should be liquidated within 30 to 60 days and until it is priced/

651.80 654.05 2.25 purchased by the customer/ SEZ unit the stock belong to Supplier only. Further, MMTC is considering the value of actual pricing/ purchase of the . metal by Customer through IUT whereas SEZ portal is fetching the value from Bill of Entry filed which is based on suppliers invoice. (F) Bond cum Legal Undertaking (BLUT) The unit vide letter dated 11.09.2023 has informed that they had submitted BLUT for Rs. 20 Crores on revolving basis against forgone customs duty for the stock of maximum 300 Kgs Gold lying with MMTC Ltd at any point of time because the liability/ obligation of MMTC as a SEZ Trading Unit gets discharged on sale of bullion through IUT and the same get transferred to G & J Buyer Unit. The unit further informed that during the entire block period 2017-18 to 2021-22, the customs duty forgone at any given point of time in respect of maximum 300 Kgs gold lying in MMTC’s vault was well within BLUT limit of Rs. 20 Crores. ; (G) | Details of pending Foreign Remittance beyond Permissible period, if any To cross-check the same and verify whether 2020-21 NIL necessary permission from AD Bank / RBI has been obtained. 2021-22 NIL (H) | Whether all softex has been filed for the said (a) | period. If no, details thereof. SO to also check whether unit has obtained Softex condonation from DC office / RBI and if Not Applicable. approved, whether they have filed such pending Softex. (b) | Whether all Softex has been certified, if so till which month has the same been certified. If not, Not applicable provide details of the Softex and reasons for pendency. (c) Whether unit has filed any request for Not applicable Cancellation of Softex

() Whether any Services provided in DTA / SEZ/EOL/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided 0) Is the unit sharing any of their infrastructures with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated (K) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. No DSPF is pending. (L) Whether unit has filed all DIA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. If no, details thereof Yes (M) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report NIL (४) Has the unit set up any cafeteria / canteen / food court in unit premises. If yes, whether permission from UAC / DC office has been issued, or otherwise office has been issued, or otherwise Whether unit has availed any duty free goods / services for setting up such facility? If yes, whether unit has discharged such duty / tax benefit availed? details to be given including amount of duty / tax recovered or yet to be recovered. NO (0) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring

(P) Observations:

The unit has achieved export revenue of Rs. 896.99 Crores as against projected export of Rs. 450.90 Crores ie. 198.93 % during the period from 2020-21. Further, The unit has achieved export revenue of Rs. 654.64 Crores as against projected export of Rs. 601.20 Crores i.e. 108.88 % during the period from 2021-22. The unit has achieved positive NFE during the block period 2020-21 & 2021-22. The APR for the year 2020-21 has been filed by the unit on time. However, APR for the year 2021-22 has been filed by the unit on 13.12.2022. So there is delay of 74 days. However, vide letter dated 20.09.2022, the unit has informed DC Office that their LOA was expired on 11.05.2022 and therefore they could not upload the APR for the year 2021-22 and requested for extension of LOA. However, their LOA was not extended by SEEPZ Authorities as MMTC was about to exit from SEEPZ as per the directives of MOC & I vide their Office Memorandum dated 06.09.2022. M/s MMTC ceased its operations in SEEPZ from 01.04.2023. No case of foreign exchange is pending for realization for the year 2020-21 & 2021-

The LOA of the unit was valid till 11.05.2022, but the operation of the unit as trading unit was closed w.e.f. 19.04.2022 and therefore, the unit has submitted APR for the E.Y. 2022-23 for 23 Kgs of imported gold which was lying in their stock. As per the APR for the year 2022-23 submitted by the unit, the unit has shown export of Rs. 10.98 Crores and import of raw material of Rs. 10.93 Crores. Further, Net Foreign Exchange for the year 2022-23 as per the APR submitted by the unit is 0.04 Crores. UAC may like to monitor the performance of the Unit for the period 2020-21, 2021- 22 & 2022-23 in terms of Rule 54 of SEZ Rules, 2006.

GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, EKER से के के के मे के मे ER AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE A) PROPOSAL: Monitoring of the performance .of M/s. Charisma Jewellery Pvt, Ltd, uirtit located in. Unit No 004, Multistoried Building Between. SDR T& SDE, SEEPZ- SEZ, Andheri (E), Munibai - 400096 for the.period 2021-22 of block period 2019-20 to 2028-24: B) Specific Issueion which decision of UAC is sequited:- ; Monitoring of the. performance of the unit for FV 2021222'6f 2019-20 to 9023-24 block: period in सकता Of Rule 54. 0f SEZ Rules,.2006. C) The details of the approved éxport-projections for 2021-22 block period of S.yeats Le. FY 2019220 to 2023-24 are as detailed below:

1. APPROVED Projections (९3. 7४ Crore’) |... | 4st Year 274 Year 3rd Year [a ¥ear | [Sear | Year | Totat_ | FOB value 27.00 30.00 32.00 35:09 40:00 164 of export न | FE. Qutgo | 1320 । [2085 | 21.25 | a20 | [2420 | 111.10 NFE 8.80 [ ee 10.75 10:80 [0 ॥| 1. 5290 | (0) Performance as compared to:projections during the block period 2019-26 to 2023-24 (Rs. In Crore) [— Year [ कक |! ः¨ EE QUTGO Raw Material CGG.Aamport Other’ Projected Actaal (Goods/Services) outflow Projected [| Actual | Projected } Aetaal, [ Actual: | 2019-20 27:00 22.94 1700 14.79 0.50 | 0.10 | आई | 2029-21 30.09 17-70 19.50 8.53

| 200 | है | ९7 | 2021-22 32.00 34:56 20,00 18.11 615 |. 0.02 0.00 r Total 89:00 P7520 | 650 । 56.50 41.43 0.80 0.12 | ९० |

शत) Cumulative NFE achieved during the block petiod:2019-20 t0.2023-24 (Rs. In Crore } [ Near Caniulative Cumulative NFE Cumulative %o NFE Projections NFE Achiéved Achieved 2019-20. 8.80. है 8.04 हि} 91:44 % 7020-24 18.25 eee 65.34 %. 2021-22 29-00 [oar | 104.75.% (iV) Whether the Unit achieved Positive NFE :Yes D) Other Information: LOA Na. & Date SHEP? SEZ/1A()/ APL GJ-02/2008-09/5354 DATED 29.04.2008 : Validity oF LOA 70.04.2019 छ 09.04.2024 Item(s) of manufacture/ Services Brass base Alloy Jewellery, Plain and Studded with Stones, Studded & Plaiti Gold, Platinum, Palladiuiri Jewellery, Studded & Plain: Silver Jewellery-and Stairiless Steel Jewellery Studded with Diamonds and Precious Stones. Daté of: commencement of production, 10,04,2009 Execution. of BLUT Ve Outstanding Rent dues NIL Labour Dues Mm Validity of Lease Agreement Sub-lease agreement is registered weik-} 01.06:2008 for 95 years Pending CRA Objection, if any [CN Pending Show Cause Noticef/ Eviction Ordér/Recowvery Notice/ Recovery Order issued, if any ‘Nal a). Projected employment for-the block petiod b) No.of employees as on 31.03.2022 Projected Employment :.Men - 57-4 Women — 14 No. of'ermployees-as:per 37071 ‘Area allotted. (in sq.ft.) 7919.36 Sq, Ft. ‘Ared available for each.employee per $q.ft basis 111.54 Sq. Ft per étiiployee {area /moxof employees) * Investment till date | Building 4d 1 Crore... Plant & Machinery 2.08 Crore [Torr 7.08: Crore Per Sqft. Export during the FY 0436 lakhs per Sq, Ft (in lakhs only)

Quanitity-and.value of goods exported under Rule Nil Ba ‘unutilized. goods Value Addition during the tionitoring period 21.44% Whether all the APRs being considered now has Yes been fled wellwithin: the time limit, or otherwise: If no, details of the Year-along with no of days delayed. to be given: (E) Reconciliation of Export.& Import data. (a) EXPORT: : (Rs.in ‘Crore Near/Period Figtires Figurés.as ‘per Differetice if Reason for. reported in. ‘Trade Data any Diffefence/Remark APR (FOB हि} है Value) 2021-22 34.56: 34.53 -3.09 The. difference in APR. & NSDL is due to Re-export’ of | repair and returnablesample: (b) IMPORT (Capital Goods including procurement doneon TUT (from SEZ, EOU, STPLEHTP) basis. RS. In Crore ‘Year/Period | Figures as Figures as ‘per Difference tf Reasons for-difference per APR Trade Data any : 2021-22 18.13 11.23 pe The. difference in. | APR Procurement: is due to: - gold from. Nominated agency, DIA purchase of raw: jhatérial, made in' USD. (F) Bond cum Legal Undertaking (BLUT) i Total Bond-Ctiin Legal Undertaking 105. 58.42 /- ii Remaininig Value of BLUT -given by entity Rs: 65.22 /- atthe start of the Financial Year. i Value of Additional Bond-cum-Legal pe es Undertaking (SLUT) executed during, the Financial Year. iv The duty -forgone on Goods/ Services Rsvi.77/- imported. or procured during the Financial Year-(should include the GST foregone on, DTA procured ‘goods/‘services ¥ Remaining Value.of BLUT’as at the end of Rs: 63:44 /- the Financial Year | (ii) + @i-.v}].

(७) Details of pending Foreign Remittance beyorid:Permissiblé period, if any To eress-check the saine and verify whether necessaty permission from AD Bank / RBI has.been.cbtained. : Nil. As per APR 2021-22 (A) Whether all softex has been filed for the said period. Ifno, details thereof. 50 & also check whether unit has obtained Sdftex condonation from:DC office / RBI and if approved, whether they have. filed such pending Seftex: NA (b} Whether ail Softex has-been certified, if'so tll which month has the same beetv-certified! If not, provide details of the Softex-and reasons for pendency. | NA श्र Whether unit has filed any request for Canicellation of Softex NA Q Whether any Sérvices ‘provided in DTA / SEZ/EOU/STPI-etc: against payment in. IVR int/o IT/ITES Unit:during the period. If yes, details thereof {year wise details to be provided’ 0) Is thé unit’ sharing any of ‘ther infrastructures with other ‘ihits ‘or are iilizing infrastructure of another ‘unit in the same dr other SEZ. If so, details thereof, including the:details’ of the unit with whom the sharing is being made,and the payment,terms if approval for Sharing .of common infrastructure has. been obtained from UAC / DC office, the date of UAC. / Approval letter to be indicated NA ® Whether all DSPF for services procured during the said monitoring period under consideiation has’ been filéd by the unit and whether the same, has ‘been; processed for approval by‘ the SO Office. Yes @) ‘Whether unit has filed all DIA procurement w.ra, thé goods procured by'them. during the monitoring period for'the relevant period. Yes

Tfno; details thereof (M) Details of the request IDs pending for OOC in.respect of DTA procurement.on the date of submission of moriitering report NA (N) Has the unitset up any'cafeteria / cariteen / food court in. unit premises. If yes; whether peittiission: from UAC / DC office “has been issued; -or. otherwise office has been. issued, or otherwise Whether unit has availed any duty free goods./ services for setting-up:-such facility ? if yes, whether unit has discharged such duty / tax. benefit availed ? details to be: given including amount of duty / tax recovered of yet,to-bé recovered (2) Whether any violation of any of the provisions of law thas been noticed 7} observed by the Specified ‘Officer during the period under monitoring Vv VVV VV Ww | Observations: The unit has achieved export revenue. of Rs. 34.56 Lakhs as against projected: export of Rs. 32.00 ie. 108 % during the period from 2021-22 of the block period 2019-20 to 2023-24. The unit has achieved positive NFE forthe year 2021-22 The APR -has been filed within. the stipulated time period. The balance.amount in BLUT at the end of the year is positive No CRA. objection /Show Cause ‘Notice pending No pending foreign exchange realization as'on date. ; UAC may like. to ‘irionitor the ‘perfortnance of the Unit for the period 2021-22 in terms of Rule.54 of SEZ Rules,.2006. अध्यके कक कम में OE PE EE

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GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT ‘COMMISSIONER, IRIN IIR AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE PROPOSAL:- हि} : Monitoring of the performance of M/s. Indus Valley Partners (iadia) Pvt. Ltd. init located im Unit 453 & 15% SDF ४५ SEEPZ- SEZ; anvdheri {E),for the. petiod 2020-21 of block period 2018-19: to 2022-23. A) Specific Issue on which décision of DAC is:required:- Monitoring of the-performance of the unit for FY 2020-21 of 23 block period: in terms of Rule 54 of SEZ Rules, 2006 2018-19 to 2022- B) The details of the approved export projections for 2020-21. block-period of © years Le. FY 2018-19 to 2022-23, are as detailed below:- APPROVED Projections Rs. In Crore [Q>4 Year | Sale : FOB value of export FE Outge | 13.9 [14.00 | । vis during the block period 2018-19 to (ty) Pérformance.as compared to projectio 2022-23. (Rs..In Crore)»

(Hi) Cumulative NFE achieved during the block period 2018-19 to’ 2022-23. (Rs. In‘:€rore) Year Camulative Cumulative NFE Cumulative % NEE Projections NFE Achieved Achieved 2018-19 10.47 29.46 281 .34% 2019-20 21.00 TAA 838:88% 2020-21 31.59 95.73 302,99% (iV) Whether the Unit achieved Positive NFE: Yes {D) Other Information: LOA No. & Date SEEPZ-SEZ/NUS/APL/GJ/20/2005- 06/1703 dated.03.10.2006 Validity of LOA 18.08.2018: to 17.08.2023 Item(s) of manufacture/ Services If & IT Enabled Services, Magnetic For. Electronics Products & Sub Assemblies, USB Drives. Date of commencement of production 18.08.2008 Execution of BLUT Yes Qutstanding Rent dues NIL Labour Dues NIL Validity of Lease Agreement Sub-Lease Agreement is pending for adjudication forthe period 18.08.2023 to 17.08.2028 Pending CRA Objection, if an [CUNOC—“CsSSCidC Pending Show Cause. ‘Notice/ Eviction Order/ Recovery Notice/ Recovery. Crder issued, if an No (as per:avadilable record on file) a) Projected:employment for the block period : Total Nos. of. employees as pér APR of db) No. of employees as‘on 20-21. — Men. 2६0 छत Total - 31.03.2022 2020-21. — Mén-59 fhe 29); To: Area allotted (in sq.ft. 13088.Sq.Ft Area available for éach employee per sq.ft. basis (area. / no. of employees 161.58 Sq. Ft per employee Investment till | Building 1:00 Crore date Plant & Machinery 5:48) Crore Total ©.49. Crore Per Sq:it. Export during’ the FY 0.272 lakhs per Sq.Ft. (In lakhs only) )

now has been filed well within the time limit, or otherwise. Ifno, details of the Year along with.no of days. delayed to be-givert: Quantity and value of goods exported Nil urider Rule 34 : hanutilized goods Value Addition during the monitoring Not: Applicable: period Whether all the APRs being considered Yes (The APR has been filed well within the stipulated'time period ({£} Reconciliation of Export & Import data. (a) EXPORT है Rs, In Crore Year/Period Figures Figures as | Difference Reason for reported in | _ per Softex if any Difference/Remark APR (FOE. Data. Value) 2020-21 35.57" 29:80 5.77 The difference: in Export value, and. NSDL ‘is due to the exports. ‘during . the month of March, 21. ié considered by NSDL and there is. an. exchange rate difference ifi the next financial year. (b] IMPORT (Capital Goods including procurement done on UT (from SEZ) basis. " _ Rs. 11% Crore) Year/Per | Figures | Figures as. per Difference Reasons for difference jod as. per. Softex/ Trade ifany APR Data a0g021 |0.00f 0.00 | | (0.00 | TS (F) Bond cum: Legal Undertaking (BLUT} i Fotal Bond-Ctm Legal Undertaking Rs. 1.97 /< P| Remaining Value of BLUT given by. entity at. the start of the Finaricial Year. ee 1.13 /- ies Value of Additional: Bond-cum-Legal Undertaking (BLUT) executed during the Financial Year. iv The duty forgone on Goodsed 8.19 /-

Services imported or procured. during the Financial Year (should inélude the GST foregone on DTA procured goods /services Remaining Value of BLUT as. at the end of ‘the Financial Year [ (i) + (ii) {iv}]- Rs. 0.93/- (७] Details of pending Foreign. Remittance. beyond Permissible period, if any : To cross-check the - ‘same and verify whether necessary permission from AD Bank / REI has been obtained. Nil. As per APR 2020-21 Whether all Softex has been filed for the'said period. If no, details thereof. SO. to algo check whether ‘unit has: obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. Yes (b} Whether. all Softex has. been certified, if so. till which ynouth has the same been certified. If not, provide details of the Softex and reasons for pendency. Yes (०) Whether unit. has filed any request for Cancellation of Softex COU | Whether amy Services provided in DTA/SEZ/EOU/STPI etc. against. payment in INR in r/o TL/ITES Unit during the period. If yes, details thereof (year wise details to be provided) No (3) Ts the unit shating any of their infrastructures -with other units or are utilizing infrastructure of another ‘unit in. the samie:-or other SEZ. If so, détails thereof, inchauding: the details of the unit-with whom the sharing, is beiitg made, and the payment terms ; if approval for sharing of common ifrastructure has been obtained from UAC / DE 61०8, the date: of UAC / Approval tetter to be indicated NA

Whether all DSPF for. sérvices’|. The unit has filed some DSPF for service procured during, the said. monitoring | procured and same are ander process. petiod under consideration has been They also stated that remaining service filed by the umiit arid whether the bills will’be submitting shortly. same has been processed for approval by ihe SO Office. (L) TWhether unit has filed. all “‘DTA| | Yes procurement. wert. . the goods procured by ~ them. during the monitoring period for the relevant period. If no, details: thereof (4) Details of the request IDs pending _ No for. COC in respect of DTA procurement, on the daté of submission of monitoring report (8) Has the unit, set tip any cafeteria./ है No éanteen /{ food court in ‘unit premises. If yes, whether permission from UAC } DC office has beeh issued, or 6therwise office has been issued, or otherwise Whether wiit has availed any duty free goods’ / services for setting. up such facility? if yes, whether unit has discharged such duty व. tax, benefit availed? details to be givety including arnount of duty / tax recovered ar yet to be técovered {0} Whether any viclation of any-of the No provisions’ of law has been: poticéd / observed by ‘the Specified Officer duiting the period under monitoring (P) Observations:-

VVVV VW The uit has achieved ‘export. revenue of Rs. 35.57 Lakhs as against projected export of Rs..24.67 lakhs:1.e. 144:20 % for the FY.2020-21. The unit. has achieved positive NFE for the year 2020-21 The APR has been filed’ within the stipulated time period: The balance amount in BLUT at the end of 2020-21 is positive. NO GRA objection/Show Cause Notice pending. No pending foreign exchange realisation.as of date. UAC may like to. monitor the performance of the Unit for the period 2020-21 in terms of Ruile-54 of SEZ Rules; 2006: eae ee Re ASE Sg IK ER di eke ok के के की

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GOVT. OF INDIA OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, Sein kink AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE A) PROPOSAL: Monitoring of the perfommance of M/s. Omega Products Pvt. Ltd. Unit No. 50, SDF Il, SEEPZ-.SEZ, Andheri (FE), for the period 2021-22 of block period 20.19- 20 to 2023-24. B) Specific Issue on which decision of UAC is required: Mohiteritig of the performance of the unit for FY. 9021-22 of block period 2019-20 to: 2023°2024 in teris-of Rule 54.0f SEZ Rules, 2006. 8). The details of the approved export projections as. per LOA, for the block period of 5 years. i.¢. 2019-20 to 2023-24, are. as follows- ( APPROVED Projections (Rs. in Crore) jt छह | कण Vear | 4 Vear [46 Year [5 Year | Total FOB value-| 4:00 4.40 4.62 4.85 5.09 22.96 of export FE Outgo. | 2.24 2:50 2.72 2.84 2.84 13.26 NFE 1.76 1.90 1.90 2:01 2.13 9.70 Further, the Additional allocation have been awarded to the unit vide No. SEEPZ-SEZ/IA-1/APL/HW-29/08-09/VoL-I /15007 dated 08.09.2022 ‘which were approved by UAC in its Meeting on 26.08.2021 . Additional projections have been approved by UAC for F:¥. 2022-23 & 2023-24, Thus, the projections are revised as under:

(Rs. in Crore) ist Year. | अप Year | 3*¢ Year .|.4-Year | St Year Total FOB -walue 4.00 4.40 4:62 9.85 क6.51... . 39.38 of export FE Outgo 2.24 2.50:

2.72 6.57 10:05 24.08 NFE 1.76 1.90 1.90 3.28 6.46 15.30 [छू] Performance.as compared to projections: during the block: period 2019- 20 to 2023-24. (Rs. In, Crores) Year Export F.E, QUTGO Raw Material (05, impert Other outflow Projected |.Actual | (Goods/Services) Projected | Actual .- | Proj ected | Actual Actual 2919-20 4.00 3.27 1.82 1.87 0.10 0;0049. 0.02 2020-21 4.40 5.47 2.00. 2.39 0.55: 0.1600 0:00 2021-22 4.62 6.20 2.10 4.54 0.25 0.1800 | 6.66 | 2622-23 965 | - | 657 | + | डड 1ia | 5 | 2023-24 16-51 | 10:05 | ।| 1.25 | - | | 4 Total 39.38 14.94 22.54 8.80 $.00 0.3400 G.02 [7] Cumulative NFE achieved during the block period 2019-20 to 2023-24. (Rs. in Crores) © | Cumulative % NFE Year Cumulative Cumulative NE Projections NFE Achieved Achieved 20.19-20 1.76 1,42 80.89% 2020-21 3.66 4.33 118:45% 2021-22 |_ 5.6 | 7.58 136.32%

(Iv) Whether the Unit achieved Positive NFE [90] Other Information: Yes LOA No. & Date SEEPZ-SEZ/IA()/APL/HW-29 /08-09/1305 dated: 06.02.2009 Validity of LOA 29:04.2024 Item(s) of manufacture/ | Assembly ‘of measuring and calibration Services instruments viz. Decade Boxes of | Resistance/capacitatice and induétancé/Portable’ Calibrators, . Electronic Sub-Assemblies, Register Load: Banks, ‘Surface: Mount. Resistors (SMD), Thick. Film ‘Registers and resistor assemblies, Thin Film Resistors, Wire Wound Registers. Date of commencement of | 30.04.2009 production Execution of BLUT Yes Outstanding Rent dues Rsi6,39;738/+(Others) as on 28.09.2023 Labour Dues NIL Validity of Lease Agreement Sub-Lease Agreement is registered for the period 30.04.2019. to 29.04.2024. Pending CRA Objection, if anyfoo Pending Show Cause Notice/ Order/Recovery Order Eviction Notice / Recovery issued, if any’ pa

a), Projected employment for the block period b) No. of employees as: on 31.03.2022 200 72. | Area allotted (in. sq.-ft.) 5810.40 Sq. Ft. Area available for each employee per sq. ft. basis {area / no. of employees) 80.7 Sq. Fe péremployee Investmen | Building 0:00 t till date Plant के | 3.45 Crore Machinety Per Sq. fi. Export during the /Rs. 10,678.78 Per Sq. Ft. FY Quantity and value of goods Nil exported under Rule 34 (usiutilized goods) alue. Addition during « the Not Applicable monitoring period Whether the APR © being | No considered now has. “been filed well within the time. limit, or otherwise. If.no, details of the Year along with no of days delayed to. be given. (The, APR for the FY 2021-22 has. not been filed within stimulated, time period. i.e. submitted on. 16.01.2023) (delay submission ‘by 108 days) | :

(E) Reconciliation of Export & Import data. (Rs. In Crore) {a) EXPORT Year/Period | Figures Figures as per | Difference | Reason for reported in Tade Data if any ‘Difference /Remark APR (FOB Value) 2021-22 6:20 6.47 0.27 Values of the export ‘of sartiples, ... rejected exports and Re- export of imported raw material were not. included in APR . (b) IMPORT (Capital Goods including proctitement done on IUT (from SEZ) basis. {Rs. In-Crores) Year/Period |.Figures. as | Figures as per Difference | Reasons:for difference per APR Trade Data if any 2021-22 0.18 6.18 Nil ee (F} Bond cum Legal Undertaking (BLUT) (Rs, In Crore) tv) Remaining Value of BLUT as at the end of the Financial, Yéar (i)+(iii)-(iv} G) | Total Bond*Cum Legal Undertaking 7.82 (i) | Remaining Value -of BLUT given by efitity at the | 6.46 start of the Financial Year. (i) | Value of Additional Bond.Cum Legal Undertaking Nil during the Financial Year (iv) |The duty forgone: on Good/Services imported. or | 1.772 procured during the Financial Year ( should inchide the GST forgorie of DTA proctited goods/ sefvices} 4.74

{G) Détails of pending Foreign Remittance ‘beyond ~ Permissible period, if any {a} | Whether all softex has been filed for the said period. If no,. details thereof. SO io also check whether tinit “has obtained Softex -coridonation from DC 6ffice / (RBI and if approved, whether they have filed such pending Softex: Not applicable: for Eléctronics Unit. (b) Whether all Softex has been eértified, if so tl which month has the same been certified. if not, provide details of the Softex and reasons for pendency. Not. applicable for Electronics Unit. fc} Whether unit has filed any request for Cancellation of Softex Not applicable for Eleétronics Unit. (th Whether any Services provided in DTA/SEZ/EOU/STPI etc. agairist payment in फिċर कं r/o IT/ITES: Unit during the period. If yes;. détails thereof {year wise details to be provided} Not applicable (J) Is the unit sharing. any of their infrastructures with other units or are. utilzing . infrasttucture of another umf in thé same or othér SEZ If so, details thereof, including the details of the unit with whom the sharing is beitig made, and the payment terms. If approval for sharing of corimon No.

infrastructure has. been obtairied fremi UAC / ‘DC office, the -date. of UAC / Approval letter to bé-indicated () Whether all DSPF for procured .during-the said monitoring services period under consideration has been filed by the unit. and whether the same-. has approval by the’SO ‘Gffice. been ‘processed for No iL) Whether.-unit ‘has filed all DTA procurement owrt....the goods procured by then: during the monitoring period for the relevant period. If no, details thereef No (TM) Details. of “the request IDs periding for OOC in of DTA date of respect the submission of monitoring report procurement on No (N) Has the. unit setup any cafeteria / canteen / food -court in unit premises? if yes, whether permission from UAC j DC office has been issued, or otherwise office has been. issued, or otherwise Whether uiit has availed. any. duty free goods / ‘services’ for setting. up such. facility? If yes, whether unit has discharged such duty/ tax benefit availed? Yes Lettér dated 31.07.2014 has been issued by Estate Manager / SEEPZ- SEZ for allotment of... Pantry’ admeasuring 48. sq.mtr, ‘with the directions to pay pantry rent @Rs. 630/-per sq-mtr.p.a, No Not applicable

details to-be given including amount of duty / tax recoveréd or yet to be recovered (Q} Whether-any violation of any of the | NO provisions of law has been noticed. / observed by the Specified Officer during the period under monitoring (P) Observations:

Vv wwvwyv The unit has achieved export revenue of Rs. 6.20 Cras against projected export of Rs. 4.62 Cr ic. 134.30% for the FY 2021-22. (The unit has crossed the projected export revenue) The unit has ahieved positive NFE of Rs: 3.24 Cr as against Projected Rs. 1.90 Gr. Further the whit has-athieved Cumulative NFEis Rs:7.58 as against cumulative Projected NFE of Rs. 5.56 Cr till the FY 2021-22 of the bleck period i.e 136.32% The APR for the FY 2021-22 has not been filed within stiptilated ‘time péetiod (delayed by 108-days)- The BLUT balance is positive for FY 2021-22. No CRA Objections /Show Cause Notice pending. No Foreigii Exchange Remittance pending beyond. permissible:time limit for the FY 2021-22 of the block period. UAC may like to monitor the performance of the Unitfor the F¥ 2021-22, in terms of Rule.54 of SEZ Rules, 2006.

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GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER; SEEPZ. SPECIAL ECONOMIC ZONE, JANDHERI (EAST), MUMBAI ei ested K AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE A. Proposal: Monitoring of the performance of M/s. Ommia Jewels LLP, Unit No. 184, SDF- छा, Qn¢ Floor, SEEPZ-SEZ, Andheri (E),.for the period 2021-22 of block peridd. {FY 2021-22 te 2095-26). B. Specific Issue on which decision of UAC is required: Monitorifig of the performancé of the unit for FY 2021-22.0f (2021-22 to2025> 26} 1st block period: in terms of Rule 54 of SEZ Rules, ‘2006. ¢. The details of the approved export projections for 2021-22 block period of 5 years is6. FY 2021-22 to 2025-26 are as detailed below: (0) APPROVED Projections (RS: in 05) It Year 2nd Year BH Yéar 4th Year St Year Total FOB vane | sog99 | 145.80 | 189.54 | 250.19 | 319.74 |..1006.27 of €xport : FE Outgo 56.44 75.36 98.25. 126:00 166.85. 522.90 NFE 51,56 FO4A4 91.29 124.19 145.89 483:37 [8 Performance as compared to projections during the block period 2021-22. to 2025-26. (Rs. In Cr) Export. [CO RELOUTGO -- ल्‍ OUTGO Raw Material Ca Other Year Projected | Actual (Goods /Services) "जिē: import outiiow: Projectéd | Actual | Projected. | Actual | «Actual 2021-22] 108.00 86.22 54:64 38.71 41.00 0.08 22.34 Total 108.00 86.22 54.64 38.71 1.00 6.08: 22.34 (il) Cumulative NFE achieved during the bicck period 2021-22 to 2025-26 (Rs. in Cr) Year Cumulative NFE.Achieved Cumulative % NEE. Achieved ae ce 19.43 ~ 37.70% {iVi Whetlier the Unit achieved Positive NFE ; Yes

19. Other Information: LOA No. & Date SEEPZ:SEZ/1A-I/OuL/ 16/2020-21 dated 02:09.2020 Validity of LOA 05.02.2026 - item(s) of manufactute/ Services Gold/Silver/Platinum /Palladiuni Silver/Brass/Steel/ Capper Plain. And Studded. With Diamonds Precidus; Semi Precious Stones ETC. Date: of commencement of production 06;02.2021 mecution of BLUT ; Yes Outstanding Rent dues Rs.383347.08/-‘as'on. 23.09.2023 Labour Dues NIL Validity of Lease Agreement Sub-lease agreement is registered for the period .07.09,2020 to.06.09.2025 Pending CRA Objection, if.any Submitted All Required Documents To Audit Section issued, if any Pending Show Cause Notice/ Eviction iOrder/Recovery Notice? Recovery Order a. Projected employment for the block: period. 230 b. No. of employees as on 31.03.2020 ea allotted (in sq.ft.) 5769.46. Area available for each employee pe: 25,08 sq.ft. basis (area / no.of employees) investment tili date [Building 9.00 Plant किp Machinery 8.42 TOTAL 8.42 Per Sq.ft. Export during the FY 149443.16.. Quantity and value of goods exported under Rule 84. (uniutilized goods} |... | Value Addition dtiring the monitoting'peried 41.24 ether all the APRs being-considered now as been filed wéll within the time limit, or otherwise. If no, details of the Year along with no-of days.delayed to be given. Unit hag submitted: the APR. on dated

5. 12-2022. The unit has-delayed in submission of APR by 66.days.

{=) Reconciliation of Export &.Import.data. a. EXPORT (Rs: in Cr} Figures Figures as Year/ reponee per Difference Res for Birk . Period (FOR Seftex/Trade| if any -Reason for Di erence/Remark Value} Data 2021-22}: 86.22 86.22 NAT +b. IMPORT (Capital Goods:& Raw Materials including procurement done‘on IUT from SEZ, EQU, STPI,-EHTP) basis. Rsv in Cr Year/Period | Figures'as Figures.as | Difference ! per. APR ‘per ifany Réasons for difference Softex/Trade : Data 2021-22 0.08 & 38:71! 0,08 & 38:71 NA {F) Bond ctm Légal Undertaking {BLUT} (Rs. Tn Cr} FY 2021-22 [itp | Indigenous ii | Total Bond-Cum Legal Undertaking . 107.11 17.95 ii jRemaining Value of BLUT-given by enti at the start of the Financial Year. 107.12 17:95 a Value of Additional Bond-curi-Legal Wadertaking (BLUT) executed during the | * |] 0 Financial Year. iv [fhe duty forgone on Goods/ Services im] ported or procured: during the Financial ear (should include the:GST foregone. o 6.23 2.04 In. DTA procured goods /sérvices} wv (Remaining: Value of BLUT as at the end of the Financial Year { Gi) + (ii)- एज]. 100:88 15.91 (G} Details. of pending Foreign) Foreign Renaittanece beyond Permissible period, if any NO PENDENCY . 706 cross-check. the same and verify As per APR 2021-22 whether necessary permission from AD Bank / ‘RBI hasbeen obtained.

(8). (a) Whether all softex has’ been filed. for the said period. Ifno, details thereof. SO. to also check whether unit has obtained Softex cotidonation, from DC office/ RBI anid ‘if approved, whether| they have-filed such pending 'Softex..

NA a IWhethér all Softex has been certified, ifso till which month has the same been certified. If not, provide details o ithe Softex and reasons for pendency. NA Whether unit has filed.any request fo: Cancellation of Softex NA hether any Services -provided. in DTA / SEZ/EOU/STPI .ctc. against payment in INR, in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to: be provided) NO is the: anit sharing any of thei: infrastructures with other units or are| hitilizgine infrastructiire of danother| nitin the same-or other SEZ. [[ so, details: thereof,, inchiding. the details “of the unit. with whom the sharing, is being made, and the lpayment terms lf ‘approval for sharing ef common, infrastructitre bas been-obtained from] UAC / DC office, thé date of UAC / Approval letter to be indicated NO hether all ‘-DSPF° for services! procured during the: said monitoring period under consideration, has: been filed by the unit and whether the same has been precessed for approval iby the SO: Office. Yes cL) Whether unit has filed all. DTA Iprocurement wert. the |. -goods Iprocured. by. ‘them. during — the monitoring périod, for ‘the relevant period. if no, details thereof Yes (3) Details of the request IDs-pending fo. OCC th respéct of DTA procurement lon the date of submission. off monitoring report ; NA ६1४) Has. the unit set up any cafeteria. / lcanteen./ food court in unit premises. lf yes, whether ‘permission from UAC / DE .officé has: been. issued, or| otherwise. office has been issued, or| otherwise

Whether unit has availed any dut NO free goods / services for setting up such facility ? [1 yes, whether unit Has discharged! such duty / tax -benefit availed -? details to. be given including amount lof ditty / tax recovered or yet to be recovered, (0). [Whether any. violation of any. of the provisions of law has. been noticed / NO observed. by the Specified” “Office: during the period under monitoring [0] Observations: The unit has achieved. export revenue of Rs. 86.22 Crores as-against projected export of Rs. 108.00 crores i.e. 79.83% during the FY 202 1-22 ‘Block Period FY 2021-22 to 2025-26. The unit has achieved positive NFE during the FY 2021-22. The BLUT value at the-end of the FY 2021-22 for the Import goods is in-positive Le RS. 231.87 Crores and Indigenous goods is Rs. 106.38 Crores. The unit has submitted rélevant documents as per the Import Duty/GST benefit, availed ie duty forgone on the import items: for FY 2021-22 was. Rs. 6.23 crores and the Bond executed for the, same is Rs. 197.11. crores and the GST forgorie on DTA godds for the: FY 2021-22 is Rs.2.04 crores and the. Bond executed for the same is Rs.17.95 crores. The. Duty, GST benefit. availed by the unit in thé above said year is within the limit of the bond executed and: the balance /remainirig value of the amount after availing the above. benefit is in positive. Unit has failed to file APR for the pericd’ 2021-22-within the stipulated time period. The unit has delayed in submission of APR by 66 days i/r of the abové extension. SCN may be proposed agaizist the unit fer delay in submission of the APR. as ‘per the rule 54 of SEZ Rules, 2006 for the FY. 2021-22. Urit has achieved value additions of 41.24% duty the FY 2021-22. UAC may like to. monitor the performance of the Unit:for the petiod 2021-22. in terms of Rule 54 of SEZ.Rules, 2006.

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