IN FORCE SEZ / EOU / FTWZ 2023-10-30

Agenda for Approval Committee Meeting for SEEPZ SEZ to be conducted on 01.11.2023

Document text

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----- Start of picture text ----- [.—t~S— BT SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI. AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ-SEZ VENUE : Conference Hall, 2nd Floor, The Office of the Development Commissioner, SEEPZ-SEZ, Andhen (East), Mumbai-400 096, DATE : 1" Novernber, 2023 TIME ; 11.30 A.M. onwards ----- End of picture text -----

MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ-SEZ UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON Ist NOVEMBER, 2023.

|||MEETING OF THE APPROVALAPPROVAL COMMITTEE FOR SEEPZ-SEZ<br>UNDER<br>THE<br>CHAIRMANSHIP<br>OF<br>DEVELOPMENT<br>COMMISSIONER, SEEPZ-SEZ ONON Ist NOVEMBER,NOVEMBER, 2023.|
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|||INDEX|
|||||AgendaItemNo.<br>Subject<br>Agenda Item No. 01<br>ConfimmationofMinutes<br>of the lastmocting<br>held on<br>06.10.2023.<br>AgendaItemNo.02 | Applicationreceived<br>for Capacity Enhancement in items<br>of Manufacture along with Renewal of LOA for further<br>period<br>of 5 years<br>ie.<br>2023-24<br>to<br>2027-28 wet.<br>—<br>15.9.2023 to 14,09.2028- M/'s.Ammante<br>Jewells<br>LLP<br>Agenda<br>Iter No.03<br>Application received for<br>Change in Board of Directors<br>and Shareholding Pattern oftheCompany-M/s. Western|
|||Agenda [ternNo, 04<br>Application received for Change in Board of Directo:<br>and ShareholdingPattern<br>of the Company-M/s,Western<br>utd<br>Interactive Pot. Lid (Unit-M)<br>|<br>Agenda Item Ne.05<br>Application received for Change in the constitutian of the<br>|<br>| firm from M/s Vecra Luxury to M/s Vecra Luxury India<br>_______|<br>Pvt. lad-M/s_Veera Luxury _<br>Agenda Itern No, 06<br>Monitoring<br>of Performance- M/s. C. J. Jewelleries Private<br>Limited<br>|—~“KgendaItemNo.07 | Monitoring of Performance<br>- M/s. Global Jewellery.<br>PrivateLirnited<br>‘Agenda lem No. 08<br>| MonitoringofPerformance -<br>M/s, Ideal Jewellery Private|
|||Agenda Item No, 09<br>I Monitoring af Performance<br>- M/s. Infinity<br>Mery<br>Private Lomited<br>Agenda ItemNo,10 [MionafPerformance<br>- M/s.FinacusSolutionsPvt.<br>|<br>AgendaIterNo. 11<br>Monitoring of Performance<br>-<br>M/s. Sarto Electro<br>| Equipments Prt Lid. (TradingUnit)<br>|<br>No.12—gof<br>Performance<br>- M/s. Priority Jewels Private<br>Lirnited<br>Agenda ltem No.13 |Monitoring<br>ofPerformance - M/s. Fine-LineCircuitsLtd.<br>Agenda Item No. 14<br>Monitoring of Performance - M/s. Indus Valley Partners<br>|india)<br>Pvt.Led<br>a =<br>‘AgendaItemNo. 15<br>|Monitoring ofPerformance<br>- M/s. Thirdware Global<br>Services(A Division ofThirdware Solution Lael)<br>Agendaliem<br>No.16<br>Monitoring<br>of Performance - M/'s Imperial<br>Jewe<br>Agenda<br>Item No. 17<br>Monitoring<br>of Performance - M/s.Fusion<br>Jewelle<br>Mig.<br>Lo<br>Pt Lea|
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File No.S-SEZ-11/11/2021-SEEPZ-SEZ

MINUTESOF 179"™ MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD UNDERTHE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER ON 067" OCTOBER, 2023 THROUGH VIDEO CONFERENCING. TOO OOOO OOOO ead: al 1. Name of the SEZ SEEP2-SEZ

Mecting No.

17a"

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----- Start of picture text ----- a. Date : 06.10.2023 Members Preaent: Sr. Name of Re] Besest | [meinen] Shri. | Ormnnition Ps eeC. P. 5. | dt.SeDev e lopmentr, | seereene || Shri. Leider Joint Commissioner Nominee of Income Tax office, Panicker Income Tax Mumbai, D industrics umbai, Smt. Sunita Superintendent of Nominee of Commissioner of Jagtap Customs Customs, General, Air Cargo, Sahar, ----- End of picture text -----

Members Preaent:

Special Invites:-

1, Shri. Anil Chaudhary Specified Officer. SEEPZ-SEZ

Shri. Prasad H Varwantker © Deputy Development Commissioner, SEEPZ-SEZ

Smt. Bridget Joe, EA to DC/ADC i/c (SEEPZ-SEZ), Shri. Hanish Rathi, ADC (NewSEZ}, Shri. Manish Kumar, ADC (New-SEZ), Shri. Palash Shankar, ADC, (New-BEZj, Shri. Ravindra Kumar, Assistant, Smt. Rekha Nair, Assistant, Shri. GS Bhandari, Assistant and Shri. Rajesh Kumar, UDC also attended for assistance and smooth functioning of the meeting. Agenda Item No. 01: Confirmation of the Mimutes of the 178 Meeting held on 23.08.2023. Decision: The Minutes of the meeting held on 23.08.2023 were confirmed with conacnstis. & Jewellery Export Promotion Council

M/s. Gems & Jewellery Export Promotion Council had submitted the application for setting up of a mew unit for Services vit. 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. at SEEPZ-SEZ as Mega Common Facilitation Centre (Mega CFC}, Near Gate No, 01, SEEPZ-SEZ, admeasuring area 10635.69 sq. mtr. The Mega CFC would alao offer research & development, consulting and laboratory services. GJEPC is net a profit making company and the said project is a socio-economic project being implemented for the benefit of G&J trade to boos! exports.

During the discussion the observation made by section has been discussed tn detailed, The details are as follows:

pplication through SEZ submitted application through online. orlirie:. ner MOU between SEEPZ andhillotment was made as per MOU on J EPC 05.12.2022 between SEEPZ SEZ Authority & EPC, wherein terms & condition of rent also defined ie rore. However, it is not cleartn foreign currency only as per SEZ Rules for ow they will ensure activity DTA services. or SEZ unit and DTA unit to aea¢ carried oul sep ‘ is is the first case in SEEPZ Committee was informed that | all erein the Developer haspnachinery purchased by SEZ Authority and purchased the duty ff ren in books of account of SEZ Authority ame to unit which is not alnsta l ed in the premises of Mega CFC and BEZ unit, as per MOU dated 05.12.2022 rent will be [Sas eed nit has indicated “A section Spther category and as per the section8 of ompany” which needs to b Companies Act ic. non profitable B= eee Decision és Jewellery; After deliberation,Export PromotiontheCouncil Committeefor setting approvedup ofthe proposala new unitofas M/s,Mega GemsCFC, SEEPZ-SEZ for Services vic. 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. Near Gate No, 01, SEEPZ-SEZ, admeasuring area 10635.69 sq. mtr. The Committee also noted that this project is unique in nature and this type of activity is not applicable to other SEZ unite under the Jurisdiction of DC SEEPZ and this case is not to be cited as a precedent. The Committee also directed the applicant to take service charge against the services given to DTA only in foreign currency as per the SEZ Rules and to put in place a mechanism for proper monitoring of DTA as well as SEZ transactions by Customs. The Committee further noted that the capital goods required for the project have been procured by SEEPZ SEZ Authority as per requirement of[GJEPC][and][these] will always remain property of SEEPZ SEZ Authority.

revised projection for remaining period of 2 years ie. 2023-24 & 2024-25 due to additional location- M/s, Indojewels Jewellery Pvt. Lid. The unit had submitted the application for capacity enhancement with rovised projection for remaining period of 2 years i.c. 2023-24 & 2024-25 due to additional location ie, Unie No. 003, Multistoried Building, SEEPZ-SEZ, admeasuring 8285.20 ag.ft. in terma of Rule |9(2) of SEZ Rules 2006 with details as indicated below:

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----- Start of picture text ----- : tema of Manufacture Existing Proposed Total (PCs) forAdditional | (PCs) 7Precious Stone and ee follows: N ofSProjectionyears || Projectionsof 2 years |jyearsProjectionswith Additionof 2 2020-21 to| (approved) Location — 2024-25 | 2023-24to 2023-24 & 2024-25 2024-25 Rein (Rs. In Crores} Rs.In [US'O00 mi. — nased an POR vahse of cpa ----- End of picture text -----

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----- Start of picture text ----- [—Prentire producton_____-[ ||] |_| | Foren Exchange Outgo =| - ]C - import of Machinery ‘| 200) _—- |__| iimmwnwaneImport of Faw Material and| | | | 197.02tt unused/ used, i:new,pmanviacturingbroken } ial ee Ee i qs0rtedd Jewellery fo material approx & third p air fasia from Appro til -*->5 Soy nmiailce A A ete onsumables od Amn ponents ls A d=profits to foreign collaborates vi, umpsum Knowhowfee [| = [| - vil. Design &Drawingfees | - CCO echician abrond oa OMmMmiasion a onA te Oc nneceoe le OO x. Foreign Travel | 8.27] OS] 04 mount of interest to be paid norrowings/deferred payiment redit/ Foreign Bank charges, Exhibition, export promotion Exps ete (specific details) ----- End of picture text -----

Decision; After deliberation, the Committee approved the proposal of the unit for Capacity Enhancement with Revised Projection for remaining period of 2 years i.e. 2023-24 & 2024-25 due to additional location ic. Unit No. 003, Multistoried Building, SEEPZ-SEZ admeasuring $285.20 9q-ft. in terms of Proviso Rule 19(2) of the SEZ Rules, 2006.

te2025-26.

The unit had submitted the application for Broad Banding of items with revised projection for remaining period of 3 years i.e. 2023-24 to 2025-26 in terms of Rule 19 (2) of SEZ Rules 2006 with the details as indicated briow

PROPOSEDBROAD BANDING ITEM TTG/CPC Code | ___Item Description _—‘| Metric | Production Capacity | 71023910 CUT& POLISHED DIAMONDS |[Picces|| (22750.00 |

Projection:=.

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----- Start of picture text ----- File No.S-SEZ-11/11/2021-SEEPZ-SEZ | Na years with jof 3 years on includingof broad additional {apprd_) banding item location 2023-24 to) 2023-24 to 2025-26 fapprd.} 2025-26 (1US$= Rs. 82) 2021-22 to |To Eee2025-26 2 FOBfmportvalueof ofexportsMachinery | 369.0149 | 308.0130 || 948.9194.0895 || Tis72183571.89 | oeand components pillonsumables el Be a Remaking eoReturnReair/ | [eee] dividends and profits eeo foreign collabarates iol ar eee a -F pesighfee & Drawingies| - | - | - | -. chnicians i l = ol a ndian tech. abroad cunt of interest to iS."VocesAnyother payment | - || -|| - sof M7 RFE (1-16) | 224.961 | 184.431 | 3a5.1108 | 469647 ----- End of picture text -----

Decision: After deliberation, the Committee deferred the proposal of the unit for Broad Banding of items with revised projection for remaining period of3 years Le. 9023-24 to 2025-26 in terms of Rule 19 (2) of SEZ Rules 2006 with a direction to submit the details to Customs for proper monitoring of the goods to be imported & exported after processing for proper identification of the same.

permissionfor Third Party Eepair. The unit had submitted application for permission for Third Party Repair with details as indicated below : The anticipated volume per annum will be as under-

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----- Start of picture text ----- Description ofThema to be Repaired |Approximate Pcs to be Approx Labour repaired vere Cane Diamond Studded Gold/Silver or a.20 Platinum Jewellery. ----- End of picture text -----

Repair subject to compliance of Instruction No.5] dated 25.03.2010 issued by MOC & 1.

Authorized Operations of M/s Micro Components

The unit requested for Additional Services which are not covered under default lst of services as per details given below :- | Pal “| tell eee) i Fi other services as (Chub bership in various export promotion oF association services) associations as well as seepz association, y other services as(Commission and other intermediary services Business Auxiliary services|Palls under Business Auxiliary services.

Decision:-

After deliberation, the Committee approved the following Input services required for authorized operations to the unit

1, Any other services [Club of association services|

Any other services | Business Auxiliary services|

The Committee also directed the unit to submit to the Specified Officer, the quarterly details of commission paid to their service providers.

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----- Start of picture text ----- for Authorized Operations of M/'s.Flawiess Jewels The unit requested for Additional Services which are not covered under default list of services a8 per details given below °- | other services as [Club bership in vanous ¢xport promotion =| eel me A of association services} associations as well as secpz association. ----- End of picture text -----

2 6 Any = other) 3 serviees§ as(Commission and other intermediaryservices Business Auxiliary services] falis under Business Auxiliary services.

Decision; After deliberation, the Committers approved the following Input seraces required for authorized operations to the unit:

Any other services | Club or association services| 2. Any other services | Business Auxiliary services|

The Committee also directed the unit to submit to Specified Officer, the quarterly details ofcommissionpaid to their service providers,

Action proposedPvt. Ltd. against the Unit M/s. Mohit Diamonds Pvt. Ltd., under Rule 54

(2) of the SEZ Rules, 2006 for violation of Section 30 ja) of the SEZ Act, 2005 and Rule 22, Rule 34, Rule 36, Rule 47 (1) & Rule 45 of the SEZ Rules, 2006,

Decision; The Committee approved the proposal for initiating action against the unit under FT(DR) Act, 1992 for violation of SEZ Rules, 2006,_ Services Limited.

Proposal was submitted before Approval Committee 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 Eust, Mumbai-400 096 for their acts or omission punishable under the Foreign Trade (Development and Regulation) Act, 1992.

Decision; After deliberation, the Committee approved the proposal and directed the Specified Officer, SEEPZ-SEZ to initiate the process of issuance of the Show Cause Notice for violation of SEZ Rules, 2006

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----- Start of picture text ----- International Pyt. Ltd (Trading Division) for the period of 2 year ic. 2021-22 & 2022-23, The unit has-submitted the APR for the period 2021-22 & 2022-23 duly certified by Chartered Accountant. The export and import data for the period 2021-22 & 2022- 23 were retrieved from NSDL for cross verification with data submitted by them in the APR and same has been found satisfactory. ----- End of picture text -----

Decision: After deliberation, the Committee noted the performance of the unit for

the period 2021-22 & 2022-23, as the unit has achieved positive NFE on cumulative basisin terms of Rule 54 of SEZ Rules 2006. | JewelleryPvt. Lod.-[Tl

The unit has submittedthe APR for the period 2020-21 & 2021-22 duly certified by Chartered Accountant. The export and import data for the period 2020-21 & 21-22 were retrieved from NSDL for cross verification with data submitted by themin the APR and same has been found satisfactory.

Decision:- After deliberation, the Committee noted the performance of the unit for the period 2020-21 & 2021-22, as the unit has achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006.

The Committee also directed@® 50 to initiate action for issuanceof Show Cause Noticeto the unitfor delay in submission of APR for the period 2020-21.

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The unit has submitted the APR for the period 2020-21, 2021-22 and 2022-23 duly certified by Chartered Accountant. The export and import data for the period 202091,2021-22 and 2022-23 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 Committee noted the performance of the unit for the period 2020-21,2021-22 and 2022-23, as the Unit has achieved positive NFE en cumulative basis in terme of Rule 54 of SEZ Rules 2006. The Committee also noted that the unit has applied for Exit from SE¢ Scheme

period of 2 year Lc. 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 & 202172 was retrieved from NSDLfor cross verification with data submitted by them in the APR and same has been found satisfactory. Deciaion: After deliberation, the Committee noted the performance of the unit for the period 2020-2) & 2021-22, as the unit has achieved positive NFE on cumulative basis in terms of Rule 34 of SEZ Rules 20060.

The Committee informed the unit that action for delayin submissionof APR for the period 2021-22 will be taken as per Rules. The Committee also noted that the unit has applied for Exit from SEZ Scheme

Pvt.Ltd for the period of ] year ic, 202]-22._

TheAccountant.unit has submittedthe APR for the period 2021-22 duly certified by Chartered The exportand import data for the period 2021-22 was retrieved fram NSDL for cross verification with data submitted by them in the APR and same has been found satisfactory Decision:- After deliberation, the Committee noted the performance of the unit for the period 2021-22, as the Unit has achieved positive NFE on cumulative basis in termsof Rule 54 of SEZ Rules 2006.

Partners (India) Pvt. Led.

The unit has submitted the APR for the period 2020-21 duly certified by Chartered Accountant. The export and import data for the period 2020-21 was retrieved from NSDL for cross verification with data submitted by therm in the APR and same has been found satisfactory.

Decision; After deliberation, the Committee noted the performance of the unit for the period 2020-21, as the Unit has achieved positive NFE on cumulative basta in terms of Rule 54 of SEZ Rules 2006.

Ltd for the period of 1 year Le. 2021-22.

The unit has submitted the APR for the period 2021-22 duly certified by Chartered Accountant. The export and import data for the period 2021-22 was retrieved from NSDL for croas verification with data submitted by them in the APR and same has been found satisfactory.

Decision: After deliberation, the Committee noted the performance of the unit for the period 2021-22, as the unit has achieved positive NFE on cumulative basis in terms. of Rule 54 of SEZ Rules 2006

The Committee informed the unit that action for delay in submission of APR for the period 2021-22 will be taken os per Rules.

_—

The unit has submitted the APR for the period 2021-22 duly certified by Chartered Accountant. The export and import data for the perio] 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 Committee noted the performance of the unit) for the period 2021-22, as the unit has achieved positive NFE on cumulative basis in

terma of Rule 54 of SEZ Rules 2006.

It was noticed that the units are not submittingAPE on time. DC directed thata circular to the units be issued to submit the APRs on time obviating further actions under the FTDE Act.

The meeting ended with the vote of thanks to the Chair.

Chairperson-cumDevelopment Commissioner

Signed by Chanderpalsingh Chauhan

Date: 16-10-2023 11:22:23 Reason: Approved

Action Taken for Approval Committee held on 06.10.2023

|Action Taken for Approval Committee held on 06.10.2023|Action Taken for Approval Committee held on 06.10.2023|
|---|---|
||<br>Confirmation<br>ofMinutes ofthe mecting heldon Y | Le |<br>Agenda [tem No.01 | 54 o99093.<br>Applicationforsetting<br>up ofnewunit by-M/s. |Metterissued on 27.10.2024<br>Agenda Item No, 02 | Gems &Jewellery<br>Export Promotion Council<br>|<br>ApplicationforCapacityEnha**n**cementwith<br>Letter issued on25.10.2023<br>Agenda Item No. 09<br>revised projection for remaini g period of 2 years<br>Le.2023-24&2024-25due to additional||
|Applicationfor BroadBandingof items.with<br>Agenda Item No. 04<br>revised projection for remaining period of 3 years<br>i.e.2023-24 of M/s, Twinkle Diamond Jewellery|Letter<br>ed on25.10.2023|
|Application for permission for Third PartyRepair<br>Agenda Item No. 05<br>of M/s. Vishal Diamonds<br>Application for Additional Input Services required |Letter<br>Agenda Item No. 06 | for<br>Authorized<br>Operations<br>of M/s<br>Micra<br>Components _<br>meta |tetpene<br>of Wi Pan<br>Agenda<br>Item No. 07 | for Authorized<br>Operations of M/s.<br>Flawless<br>Gate Case in respect ofemployeeofM/s. eae |Ca<br>_Agenda<br>Item No.08 | Diamoreds200<br>Monitoring ofPerformanceof M/s. Allied Digita**l**<br>“Agenda ttem No.09 | Services Limited __<br>sieieinniniaibalant<br>Monitoring of Performance of M/s. KP Sanghvi|<br>Agenda Item No. 10 | International Pvt. Lid (Trading Division) for the<br>=<br>serind af2 years<br>ic.2021-**2**2<br>& 20 2-23<br>Monitoring of Performance of M/s. Gold Star)<br>Agenda Item No. 11 |Jewellery Pvt. Led for the period of2years i.c.<br>a aa<br>2030-21 & 2021-23<br>Monitoringof PerformanceofM/s. Infogain India<br>Agenda Item No, 12 | Pvt. Lid for theperiod<br>of 3yearsLe. 2020-21,<br>2021-22<br>and 2022-23<br>000<br>Monitoring of Performance of M/s. MMTC Ltd for<br>Agenda[ter No. 13 |the periodof2 years i.c.2020-21 &2021-22.<br>Monitoring of Performance of M/s. Charisma<br>Agenda<br>Item No.14 |Jewellery Prt. Lid for the period of 1 years ic.|Letter issued on25.10.2023<br>|<br>Letter issued on 25.10.2023<br>Ca a<br>a ee |<br>es dso.»-eacenemen<br>Monitoring Noted!<br>Monitoring Noted & Lotter<br>issued<br>on25.10.2023<br>MonitoringNoted<br>Monitoring Noted & Letter<br>issueddn25.10.2025<br>Monitoring<br>Noted|
|Monitoring of Performance of M/s. Indus Valley<br>Agenda Item No, 15<br>| Partners (India) Pet. Led for theperiod<br>of | years<br>ic,<br>2020-21.<br>Monitoring<br>of Performance<br>of<br>M/s: Omega<br>Agenda Item No. 16 | Products Prt. Ltd for the period of| years i.e.<br>2021-22.<br>Monit**o**ringofPerformanceofM/s. Omnia Jewels<br>Agenda Item No. 17 |LLP f r theperi**o**d<br>f 1years ie.2021-22.|Monitoring Noted<br>=<br>Monitoring Noted & Letter<br>issued on 25.10.2023<br>MonitoringNoted|
|eeeain<br>rteteeeeeereeteeninittt||

OFFICE OF THE DEVELOPMENT COMMISSIONER, SEFEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal: - items ofApplicationManufacturreceivalong e d fromwith M/s.RenewalAmmanicof LOA Jewelsfor further LLP fope r iod Capacity of5 years Enhancement1.0. 2023-24in to 2027-28 w.e.f 15.09.2023 to 14.09.2028

b. Specific Issue on which decision of AC is required:-

Approval for Capacity Enhancement in items of Manufacture slongwith Renewalof LOA for further period of § years ic. 2023-24 to 2027-28 woe f 15.09.2023 to 14.09.2028.

c Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction’ Notification :-

In terms of Para Rule 19 (2)of SE 7 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 of service activity, if | meetsthe requirement of Rule 18". |

d) Other Information: -

M's. Ammante Jewelles LLLP was granted Letter of Approval No. SEEPZ-SEZ/NUS/APL/G)07/1219 dated 28.02.2007 as amended for manufacture & export for Plain & Studded Gold / Matinum | Silver Jewellery . The unit has commenced production w.e.f 15.09.2008, The validity of LOA was upto 14,09 2073, a I Name of the Unit Ms Ammante Jewelles LLP ‘ soxcartion - dnt No. 49-A, SDF. Il, SEEPZ-SEZ 3 Area ee)ee es ! OA No. & DateSEBPZ-SEZ/ NUS/APLAG)-07/ 1219 dated 28.02.2007 as 5 tems of Manufacture! Trading Plain A Studded Gold | Platinum / Silver Jewellery 6 Date of Commencement15.09.2008 7 Exiting Biock Period ~=—=~=~C*~“‘=~SsOSISCSC~“‘CS;;SC‘S ia Validity of LOA = 14.09.2023 10 (Gutstanding Rent dues NIL towards rental due Li [Labour Dues INL

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||||||||
|---|---|---|---|---|---|---|
|period|15.04.2018|
|71.12.2021te|14.09.2073|&|
|a|ae||||eeeexecutedon|17.07.2023to 14.09.2025|
|period|||
|13|[Pending|CRA|Objection,|ifany|
|14|[Pending|Show|Cause|Notice’|Eviction|No|
|issued,|if|an|||

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The unit vide their letters 16.03.2023 submitted the application for Capacity Enhancement alongwith14.09.2028. renewal of LOA for further period of§ years ic. 2023-24 to 2027-28 w.e.f, 15.09.2023 to The details of the same are as follows:-

Projections:-

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|wo|Existingof|5 years (approved)|Proposedfor|5|years|
|for|lat2018-19year1USS 2022-23to|2022-23only|)|(1USS2023-24=|Hs.to 2027-28824My-)|
|oe|= Rs.76.00|
|FOB|||a|er|
|=|wae|ofeapars|[e400|||ini.iesar|||isisioo|||160,760.00|
|d|camponente|
|V|btempeenslmport|of Machinery||||425|||sapal_| ||15|||anon|
|4,|ALP.|value|of|2,586.58|
|Pemaking/|New|Broken/|
|re|ainu facturing|
|ewer|
|wpTnport|of SadiaAe|
|Repatriation|[of]|[dividends]|ce|a|Bs|ld|
|ow(olla|borates|||||CUT|
|1S|ee|See|eee:|Gee|ee|
|H.|[Lumpsum|Knowhowfee [0||CT|
|NN|a A|
|Ol|Paymentleeof forcign|
|al <=Payinent on training—|ofll|ee|
|is_[commissionon|export|||2805|||Svi71_ ||17s|||aisai_||
|6.a||Anyothereaunt of payment interest|to be[PS|00See|2341|

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}

Capacity Enhancement of Item to be Manufacture

Jewellery

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**ft ip seen from above mentioned table the anit has increased the capacity Gf Uwir existing approved item.

==> picture [426 x 228] intentionally omitted <==

----- Start of picture text ----- B. export-importApproved and Actual performance : [Year[Export| tmportof RM + Spares) Importof CG [2018-19 | Projected | Actual | Projected | Actual | Projected | Actual | F 2019-20 | 10,73 00 .000.00]| 936717O00 || sonoo740500 | Toxe7.®|0.00 | 0.030. 0 0 || 0.0090.09 __ | | “zoneaT | 12,500000 | os.00 | 00] Nil3021-22 vetto ett Yetw Toiat ||iiaasonw | ORETIT | eaecosw [Tome~ | Tame [907Ll C. cumulativeNEE Status om basis ----- End of picture text -----

The monitoring of performance of the Unit for the period 2018-19& 2019-20 was placed before the Unit Approval Committee in its mectingheld on 0).10.2021, After deliberation, the Committee noted the performance of the unit for the period 2018-19 & 2019-20 that the unit has achieved the Positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules, 2006. Monitoring performance for the year 2020-21, 2021-22 & 2022-23 are yetto be noted. However, Specified Officer has conveyed that as per the requisite information in the APRs, the unit has achieved positive NFE ApprovalAttentionix invited to Rule 19 (2) of SEZ Rules, 2006 which és stipulates that (providedthat the capacity Committeeof production,nuty alsochangeapprovein the proposaliteres offormanufacturebroad banding,or diversification,service activity, enhancif it m e etsmentthe of requirementof Rule 18)

ADC"s Recommendation:

OFThe requestof the unit for Capacity Enhancement alongwith renewal of LOA for furtherperiod 3 years i.e. 2029-24 to 2027-28 woe 15.09 2023 to 14.09 2038 is Placed before Approval PTE PTC ES CLO CTCL[CELOCTOCCC.e] YE ©

GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI errr rire AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal: -

Request of M/s. Western Outdoor Interactive Pvt. Lid (Unit-I) for Change in Board of Directors and Sharcholding Pattern of theCompany,

b. Specific issue on which decision of Approval Committee is required:-

Change in Board of Directors and Shareholding Pattern of the Company.

c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/ Instruction/ Notification: -

MOCA&! Instruction No.109 dated 18.10.2021

d. Other Information: -

im) (Unit-1/s. Western Outdoor Interactive Pvt. Ltd nit No. 202, Tower-II SEEPZ++ Area—i‘“‘(‘COSOITSQte LOA No. & Date SEEPZ-SEZ/ NUS/APL/532/98/209, Dated 30, 12.1998 as amended Item of Manufacture / Service 01.09.1999 alicity of LOA 1.03.2024 tstanding Rent Dues Rs. 34,642.97/- as on 12,10.2023 alidity of Lease Agreement Sub-lease agreement is registered w.et. 13.07.2006 for 935 years Pending Show Cause Notice/} Eviction Order/ Recovery otice/ Recovery Orde issued, if an

The units vide their letter dated 09.10.2023 has requested for Change in Board of Directors & Shareholding Pattern of the Company. The details are as follows:-

LIST OF DIRECTORS

eee' | | Name of (Designa-Appointment/ Name of |Designation|/Appointment/ Director tien Resignation Director Resignation Date Date Periyanayag |D # PerivanavagamD 21.03.2022 eT icent icent hakrapani |D Date ofChakrapani Saranya cessation aranya 2 1.07. 2023 a Everett la ll *« It is seen from the above that there is change in the directors of the company. LIST OF SHAREHOLDING PATTERN

Name of the Existing Shareholding | Proposed Shareholding ShareholderEquity PatternBefore Transfer of Pattern after Transfer of Yt Shares shares el oer) | eee | tot | oldings LLC - lobal Eagle 22,972 | 2,29,720 |10.68%| 22,972 | 2,29,720 |10.68% Holdings GimBH Padmanaban ft ee es ae ee 0 incent

« Itis seen from the above that there is change in shareholding pattern of the company.

| |

The Unit has furnished the following documents:

Online Application for change in Sharcholdingand Directorship 2. Copy of Board Resolution for appointment and resignation of Directors. 3. Copy of Form DIR-12 of Appointment of Director along with challan. 4. Copy of Form DIR-12 for Resignation of Director along with challan. 5. Copy of Original Letter of Approval. 6. List of Directors before & after change. 7. Copy of Board Resolution for transfer of shares. 8. Copy of Share Transfer deed in Form SH-4 duly executed both by the transferor and transferec. 9, Undertaking in terms of Instruction No, 109. 10. Undertaking regarding personal liability arising if any, against director.

MOC&! Instruction No. 109 dated 18% October, 2021 states that: Reorganization including change of name, change of sharcholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution, change of Directors, etc. may be undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the Developer / Co-developer Unit shall not opt out or exit out of the Special Economic Zone and continucs to operate as a going concern, All liabilities of the Developer/Co-developer / Unit shall remain unchanged on such reorganization,

€. Recommendation;ADC's

The proposal of the unit for Change in Board of Directors and Shareholding Pattern of the Company is placed before the Approval Committee for consideration in terms of MOC&! Instruction No, 109 dated 18th October, 2021,

GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI 7 AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal: -

Request of M/s. Western Outdoor Interactive Pvt. Ltd (Unit-Il) for Change in Board of Directors and Sharcholding Pattern of the Company.

b. Specific issue on which decision of Approval Committee is required:-

Change in Board of Directors and Sharcholding Pattern of the Company.

c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/ Instruction/ Notification: -

MOC&l Instruction No.109 dated 18.10.2021

d. Other Information: -

==> picture [439 x 303] intentionally omitted <==

----- Start of picture text -----

||||||||||
|---|---|---|---|---|---|---|---|---|
|min(Unit-il/s.|Western|Outdoor|Interactive|Pvt.|Ltd|
|Location|
|UCC|
|Ara|of the|Un—|i|t‘“‘“‘(CNCOOIV[Unit SQ No. mt 201, Tower-II SEEPZ++|
|LOA|No.|&|Date|SEEPZ-SEZ/NUS/APL/SW/05/|2006-07|
|Dated|17.07.2006|as|amended|
|tem|of|Manufacture/Service|[Interactive|Software|for|New|IFE|platforms,|
|abin|Applications|Development,|Content|
|pplication|,|Graphical|User|Interface|
|GUI)|Design,|Core|Applications|
|Development,|Update|and|Mediz|
|integration|Services|,|software|Testing|
|Services,|Games|Development|for|new|IFE|
|olatforms|and|other|IT|related|
|Development &|Maintenance|Services|
|18.10.2006|
|alidity|of LOA|aes|
|alidity|of|Lease Agreement|Sub-lease|agreement|is|registered|w.c_f.|

----- End of picture text -----

13.07.2006 for 95 years Pending CRA Objection, fanyNE Pending Show Cause Notice/| Eviction Order! Recove issued, if am = Ei

The units vide their letter dated 09.10.2023 has requested for Change in Board of Directors & Shareholding Pattern of the Company and the details are as follows:LISTDIRECTORSOF cee A Maison on Director Resignation Director nt/Resigna Date tion Date ee Te icent a icent a | Saranya scssation aranye 21.07.2023 "fee PO Eee, femme || ason Everett Lnde

» It is seen from the above that there is change in the directors of the company.

LIST OF SHAREHOLDING PATTERN

Pattern Before Transfer of Pattern after Transfer of eeShareholder Shares shares Equity [ee eee] erat ee ee el eee | Holdings LLC oldings GmBH Padmanaban ee

==> picture [37 x 10] intentionally omitted <==

----- Start of picture text ----- incent ----- End of picture text -----

e Itis seen from the above that there is change in shareholding pattern of the company.

==> picture [1 x 23] intentionally omitted <==

----- Start of picture text ----- | ----- End of picture text -----

The Unit has furnished the following documents:

lL. Online Application for change in Shareholding and Directorship
1. Copy of Board Resolution for appointment and resignation of Directors, 3, Copy of Form DIR-12 of Appointment of Director along with challan. 4. Copy of Form DIR-12 for Resignation of Director along with challan. 5, Copy of Original Letter of Approval. 6, List of Directors before & after change. 7, Shareholding pattern before & after change 8, Copy of Board Resolution for transfer of shares. 9, Copy of Share Transfer deed in Form SH-4 duly executed both by the transferor and tranaferce.
16, Undertaking in terms of Instruction No. 109. 11, Undertaking regarding personal liability arising if any, against director,

MOC&!I Instruction No. 109% dated 18° October, 2021 states that: Reorganization including change of name, change of shareholding pattern, business transfer arrangements, court approved mergers ariel demergers, change of constitution, change of Directors, etc. may be undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the Developer / Co-developer Unit shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern, All liabilities of the Developer/Co-developer / Unit shall remain unchanged on such reorganization. €. Recommendation:ADC's The proposal of the unit for Change in Board of Directors and Shareholding Pattern of the Companyis placed before the Approval Committee for consideration in terms of MOC&l! Instruction No. 109 dated 18th October, 2021.

OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI fini AGENDA FOR CONSIDERATION OF APPROVAL COMMITTEE

a, Proposal: -

Application received for Change in the constitution of the firm from M/s Veera Luxury to M/s Veera Luxury India Pvt. Ltd

b. Specific Issue on which decision of Approval Committee is required:

Change in the constitution of the firm from M/s Veera Luxury to M/s Veera Luxury India Pvt. Lid.

¢, Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/

MOC&I Instruction No, 109 dated 18.10.2021 - “Re-organization including change of name, change of shareholding pattern, business transfer arrangement, court approved mergers and demergers, change of constitution, change of Directors etc. may be undertaken by Unit Approval Committee concerned subject to condition that the Developer/Co-Developer/ Units shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern. All liabilities of the Developer/Co-Developer will remain unchanged on such re-organization’.

d. Other Information: -

M/s Veera Luxury was issued Letter of Approval No SEEPZ-SEZ/IAI/VMK/ 14/ 2020-21 / 15801 dated 21.09.2022 located at Unit No. 149,149-A & 149-B, SDF-V.SEEPZ-SEZ for manufacture & export ofPlain & combination Jewellery made of Gold/Silver/ Platinum) Palladium Gold/Silver/Platinum/ Palladium, Jewellery Studded with Diamonds/Precious/Semi Precious Stones, Cubic Zirconia, Colour Stones, CVD and Pearls Brass/ Steel/copper Jewellery Studded with Diamonds/Precious/ semi Precious Stones, Cubic Zirconia, Colour Stones, CVD and Pearls ctc. The validity of the LOA was up to 11.08.2027,

| |

ea = Heaagirf i “a ee 1. Nameofthe Unit. ___—~<M/sVeeralumury —=—SS BS.Ace afArea tt C“‘PSISQGU™C™~—SC~‘“CSCSCSC21/1580 Mr ldated 21.09.2022ee i \uthonzed OperationPlam & combination Jewellery made of Gold /Silver/ Platinum/ Palladium Hold/Silver/Platinum/ Palladium, Jewelle studded with Diamonds/Precious/Sem Precious Stones, Cubic Zirconia, Colou stones, CVD and Pearls Brass/ Steel/caopper Jewellery Studded with Diamonds/Precious/ semi Precious Stones bic Zirconia, Colour Stones, CVD and 6. [Date of Commencement- 12.08.2022Pearls 7, WalidityofLOA LOB.202T——‘“‘=S™S™S~~~~~*C~S~~—~S~SS

The unit vide their letters dated 04.09.2023 and 06.10.2023 has submitted the application for change of constitution from M/s Veera Luxury to M/s Veera Luxury India Pwt. Ltd and submitted following documents i. PAN Card, IEC & OST Certificate of (M/s Vecra Luxury India Pvt. Ltd) ii. Certificate of Incorporation (M/s Veera Luxury India Pvt. Ltd) iii, MOA(M/s Veera Luxury India Pvt. Led) iv, AOQA(M/s Veera Luxury India Pvt. Led] v. List of Partners/ Directors for pre and Post Change of Name vi. Undertaking as per Instruction No.89 dated 17.05.2018 of MOC & 1 vii, Copy Board Resolution vii, Undertaking for taking over of assets and liabilities of the company in terms of Rule 19 (2) of SEZ Rules, 2006 ix. Passport copies of all Directors.

The details of Patterns/Directors and Shareholding Pattern and Profit Sharing ratio are as follows --

|. CHANGE IN THE<br>CONSTITUTION|. CHANGE IN THE<br>CONSTITUTION|. CHANGE IN THE<br>CONSTITUTION||||
|---|---|---|---|---|---|
|mm|List ofPartners<br>of M/s <br>Veera<br>Luxu|| List of Directors|of M/s Veera Luxury India<br>Pvt. Ltd|||
|No.|Partners<br>r. Kunal|Directors<br>r. Kunal|||OL I27161|
||areshkumar|Hareshkumar Doshi||||
||Doshi|||||
||rs. Rachna|Mr. Gautam||Director|(01755528|
||Gautam|Bipinchandra Parekh||||
||Parekh|||||
||r, Neel|Mr. Arrva Gautam||Director|(08180749|
||Prashant|Parckh||||
||Doshi|||||

«There is change in the Partners/ Directors on change in the constitution

==> picture [489 x 265] intentionally omitted <==

----- Start of picture text ----- CONSTITUTION . BEFORE AND AFTER CHANGE IN THE Sr. ame of Profit Sharing [Sr. |Name of Directors /Profit Sharing No Partners in M/s [Ratio Before ! in M/s Veera Ratio After Name eera Luxury ame Change Luxury India Pvt. hange | cI l Hareshkumarr. Kunal : Mr.HareshkumarKunal DoshiPin Deshi 2 rs. Rachna | f 25% jautam Parekh os Mr. Neel S$ Mr. Arrya Gautam (25% Prashant Doshi Parekh : Mr. Nec] Prashant (25% ao shi rT |. SCté‘“‘CSC* OC!) CU] OTC(ti‘“‘iLOHH ----- End of picture text -----

**There is a change in the Profit Sharing Ratio/Shareholding Pattern on change in the constitution.

| |

including change of name, change of shareholding pattern, business transfer arrangement,MOC&I courIns t ructiappr o nvedNo.mergers109 datedand demergers,18.10.2021change— “Re-organizauionof constitution, change of Directors etc. may be undertaken by Unit Approval Committee net opt out or exit out of the Special Economic Zone and continues to operate concernedas a going subjectconcern.to conditionAll liabilitiesthatof th ee Developer/Co-Developer /Unitswill remainshall unchanged on such re-organization’

€. Recommendation:ADC's

The proposal of the unit for Change in the constitution of the firm from M/s Veera Luxury to M/s Veera Luxury India Pvt. Ltd in terms of MOCAl Instruction No. 109 dated 18.10.2021 is submitted for consideration.

GOVERNMENTOF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ - SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI Se he

A) Proposal: Monitoring of the performance of the Unit, M/s. C. J. Jewelleries Private Limited, 401-Block 1, SEEPZ ++, SEEPZ- SEZ, Andheri (Ej), Mumbai400096 for the financial year 2021-22 of 5 years block period i.e. FY 2020-21 te 2024-25.

B) Specific issuc on which decision of VAC is required: The monitoring of performance of the Unit for FY 2021-22 of block pericd 2020-21 te 2024-25 in terms of Rule 54 of SEZ Rules, 2006,
C) The details of the approved export projections for block period of 5 years i.e. F¥ 2020-21 to 2024-25, are as detailed below:

(I) Approved Projections:

||||{INE in.Creres)|{INE in.Creres)|
|---|---|---|---|---|
|(7<br>1 ¥ear <br>Financial Year<br>2020-21<br>—<br>ee<br>FOR<br>value<br>of|<br>35.00|| 2° Year<br>| 3Year<br>|4°<br>2021-22<br>2022-23<br>——<br>aa<br>47.00<br>38.00|4°Year|5™Year<br>2023-<br>aelea<br>40.00|5™Year |Total<br>#2024.<br>42.00)|Total_<br>192.00|
|ex<br>=<br>|<br>FE Qutgo<br>|<br>8.93 <br>NFE<br>|<br>26.07|.<br>———=————<br>==<br>nl<br> |<br>9.43 |<br>9.68)<br>27.57<br>28.32)|co<br>10.18<br> 29.82|ee<br>10.68| <br>31.42||re<br> 48,<br>97.40|
|(Il) Performance as compared to projections during|||FY 2021-22 for||
|block|||||
|period2020-21 to2024-25;|2024-25;||(INR inCrores)|Crores)|
||<br>**|**<br>Projected<br>Actual<br>—<br>aS<br>20a122<br>37.00<br>40.39 <br>ee<br>ba.|RawMaterial<br>C..G. import<br>|<br>|<br>(Goods/Services)<br>|<br>| Projected | Actual<br>| Projected<br>| Actual | <br> |<br>9.25|<br>19.07<br>0.18|<br>0.00]<br>-<br>——————————<br>1|||O**t**her<br>ou flow<br> Actual<br>0.12|

(111) Cumulative NFE achieved during FY 2021-22 for the block period

202021 to 2024-25 2024-25 is as follows: as follows: follows:

==> picture [434 x 114] intentionally omitted <==

(D) Other information:

LOA No. & Date IA(l) /NUS/APL/GJ/305/03-04/638 dated 21.10.2003 jgand tast renewed on 19.08.2020 for 5 years block period i.e. from 01.04.2020 to 31.03.2025 Validity ef LOA = 31.03.2025 Item(s) ofmanufacture; Services Gold/Piatinum/Silver/Titantum = Jewellery in combination with Stainless Steel Studded with Semi Precious Stones., Gold/ Pistinam/ Silver/Titanmim Jewellery in combination with Stainless. stecl/ Copper / Brass Studded with Diamonds and Precious Stones, Gold Platinum / Silver / Titanium Jewellery Studded with Semi Precious stones, Synthetic Stones, Pearls & Mother of Pearls, Plain Gold/ Piatinum/Silver Jewellery, Studded Gold/Platinum/Silver Jewellery, Stainless Steel/Copper/Brase Jewellery studded with semiprecious stones, synthetic Stones, Pearls and Mother of Pearls, Titanium Jewellery Studded with of commencement ef 21.02.2005 Date ______, Diamonds and Precious Stones. Execution of BLUT Se Outstanding Rent ducs _ Re, 28, 1.55.34/- as on25.10.2023| Validity of Lease Agreement Sub-liense agreement is registered w.c.f. ae Peee _11.08.2003 for 95 year, EvictionPendingPending CRAOrder/RecoveryShowObjection,Cause if anyWNotice/WNotice/ _ N ilo (As per availablerecord on file) a) Projected employment forthe ‘7 block period ee -5, — 4-—F b) -No. of employees as on Men | Women| Transgender | 31,03.2022 —- 14 | 0.Total83 Area available for each employee per 80.01 29. ft. per employer sq. ft. basis (area/no. of employees) investment Building _2.58 Crore ; till date Plant & Machinery 1.98 Crore TOTAL 4.56 Crores Per Sq. ft. Export during the FY 0.61per aq. ft Quantity and value of goods exported Nil under Rule 34 [un-utilized goods) Value Addition during the monitoring 19.41% rod Whether the APR being considered now No. has been filed well within the time (The APR for the FY 2021-272 has not been limit, or otherwise. filed within stipulated time as it filed on = 22.12.2022 after delayof 82 days.

If no, of detailsdelayedtobe of thegiven, Year along with no.

[E) Reconciliation ofEXPORT & IMPORT data:

ja] EXPORT:

' (INR in Crores]

==> picture [416 x 89] intentionally omitted <==

----- Start of picture text ----- F.¥. reportedAPRFigures(FOR in | FiguresasperData Trade || DifferenceYany || DifferenceReason/Remarkfor 2021-22 40.39 41.87 LA? The difference is due to re-expart considered ag i rt in NSDL data. 7 1 ----- End of picture text -----

(b) IMPORT:

(i) Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis:

==> picture [436 x 84] intentionally omitted <==

----- Start of picture text ----- {INF in Crores} FY. Figuresas Figuresas Differenc Reasons for difference per APR per Trade ec if any —_ — rn ® Data t ” —- ctr. 2021-22 Oo 0 Nu . —— 1 | 1 ----- End of picture text -----

(li) Raw Materials including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: (INR in Crores)

i wear as per Difference yo ag Trade e ifany 2021-22 19.68 25.48 5.4 The difference is due to goods supplied on loan & returnable samples basis and the same have been included in NSDL data. Also, 1UT purchase has been included in Apr data. However, the same has not been included in trade data

==> picture [451 x 106] intentionally omitted <==

----- Start of picture text ----- Bond-cum-Legal Undertaking (BLUT) (F.¥. 2021-22] [§ | Total amount of Bond-Cum-legal undertaking (BLIT) at the 14.66 | beginning ofthe S years block period 000 —_ | il | Value2021-22of BLUT(APR monitoringamount atperiod]the beginning of the Financial Year 13.16 “dit |Valueof additional Bond cum legal undertaking executed during - the Financial Year 2021-22, if any . ----- End of picture text -----

==> picture [452 x 670] intentionally omitted <==

----- Start of picture text ----- Duty foregone amount on account of goods and services imported 3.44 or procured from DTA during the Financial Year 2021-22 (APR Mronitorinp period Remaining or closing value of BLUT at the end of the Financial 73 Year 2021-22 (APR monitoring period] Details of pending Foreign Remittance beyond Permissible period, |No (As per if any APR] To cross-check the same and verify whether necessary WhetherpermissionallfromSOFTEXAD Bh a snkbeen/ RBIMedhasforbeen obtathe mon i toringned. period? If no, details thereof. (5.0, to also check whether unit has obtained SOFTEX condonation from DC office/RBI and if approved, whether they |Not (H) | Whether all SOFTEX has been certified, if'so till which month has Gems and (b) | the same been certified? If not, provide details of the SOFTEX and wellery {H) |Whether unit haa filed any requeat for cancellation ofSOFTEX? ite](1) || Whether _ any Servicesee providedeein eeDTA/SEZ/EOU/STPIee cic. against payment in [INR in r/o IT/ITES Unit during the period? Hf yes, details thereof (year wise details to be provided) (J) | arets theutilizingunit sharinginfrastructure anyof theirof another infrastr u cturesnit in withthe othersame uniteor othe o r SEZ? if so, details thereof, inchiding the details of the unit with whom the sharingis being made, and the payment terma. if approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter ___| t@_be indicated + (K) |Whetherall DSPF fer services procured during the said monitoring period under consideration has been filed by the unit and whetherthe same has been processed for approvalby the S50 (L) | Office?Whether unit has filed all——DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period? ao |Mine, details thereof (Mj | Detailsprocurementof theon requestthe date [Dsof pendingsubmissionforofOOCmonitoringin respectreportof DTA (N) | Has the unit set up any cafeteria / canteen / food court in unit premises? if yea, whether permission from UAC/ DC office has been issued, or otherwise office has been issued, of otherwise Whether unit has availed any duty free goods / servicesfor setting up such facility? availed?ii yes, whetherdetails tounitbehasgivendischargedincludingsuchamoundu t y of/ dutytax benefit/ tax recovered or yet to be recovered ----- End of picture text -----

Whether monitoring?
(07 ameany violationyt ofSie any of the Gi proviss ng i ons of the law pi has bewr e n NO (PF) | Details regarding value and duty foregone on services procured | The Unit is Gos Sen tacsup te APE catbocing posse -
(Q) Observations: ® The unit has achieved export revenue of Rs. 40.39 Crores a5 against projected export of Rs.37 Crore ic. 109.16%for the PY 2021-22.
- » The unit has achieved positive NFE calculated cumulatively for the year 2021-22 for the block period 2020-21 to 2024-25.
- ® The APR for the FY 2021-22 has not been filed within stipulated time submitted on 22.12.2022 as the same was filed after a delay of 82 days, VAC may like to initiate penal action against unit for late submission of APRin terma of the provisionsof Rule 54 of SEZ Rules, 2006.
- ® The balance amount in BLUTat the end of FY 2021-22 is positive.
- » No CRA Objections /SCN pending against the Unit far the monitoring period.
- ® No foreign exchange realization is pending beyond permissible time limit,

1 a

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

A) Proposal: Monitoring of the performance of the Unit, M/s. Global Jewellery Private Limited, G-49, Gems & Jewellery Complex 1 SEEPZ- SEZ, Andheri (E), Mumbai- 400096 for the period 2021-22 & 2022-23 of block period 2019-20 to 2023-24.
B) Specific Isaue on which decision of UAC is required: The monitoring of performance of the Unit for FY 2021-22 and 2022-23 of block period 201990 te 2023-24 in terms of Rule 54 of SEZ Rules, 2006,

||B) Specific Isaue on which decision of UACUAC is required: The monitoring of<br>performance of theof thethe Unit for FY 2021-22 and 2022-23 of blockblock period 2019-<br>90 te 2023-24 in terms of RuleRule 54 of SEZ Rules, 2006,||
|---|---|---|
||C) Thedetails<br>of the approved export projections for block period of5<br>years ic. PY 2019-20to 2023-24, are as detailed below:||
||(l)Approved Projections:<br>(Rs. inCrore)||
||a<br>‘.<br>[7 ae Year |3Year (4% Year 5 Year| Total<br>=<br>i"<br>Year<br>M<br>:<br>anne<br>as<br>=p ———<br>FOR<br>value<br>of<br>38.31<br>42.18<br>34.38<br>99.79<br>105.19) 379.85||
||export<br>|<br>:<br>i<br>4<br>1<br>if<br>FEOutgo<br>| 30.40)<br>33.40)<br>76.67)<br>80.87) _85.07 | 306.41<br>NFE<br>er)<br>B78)<br>17,71)<br>16.91) 20.11)73.42)||
||(ll) Performance as compared to projections during FY 2021-22 and||
||2022.||
||23 for block period 2019-20 to 2023-24:||
||(Ra, In||
||Crores}||
|Year [. ‘Export<br>| °:»+Nae»<br>*«<br>|<br>Raw Material<br>c.G. import<br>Other<br>|<br>“Projected<br>Actual<br>| (Goods/Services)<br>|<br>|<br>outfow<br>———<br>|<br>| Projected|Actual<br>| Projected|Actual<br>| Actual<br>_|<br>2021<br>94.38!<br>103.47<br>74.70 |<br>71.87<br>|<br>1.71<br>0.65<br>0.04<br>22<br>—2 EEEEe |<br>|<br>20a2-<br>|<br>99.79)<br>181.26<br>7890<br>91.16<br>71,<br>0.18<br>0.14|||
|Le<br>—<br>-<br>"<br>—<br>—<br>J<br>- ———EEEEEEE SS EEEe||J|
||(Il) Cumulative NFE achieved during FY 2021-22 and 2022-23 for the||
||block||
||period2019-20to2023-24:<br>(Rs. in||
||we<br>———<br>= ee<br>ee<br>Year<br>Cumulative<br>Cumulative NFE<br>Cumulative% WFE<br>___|<br>Projections<br>NFE |<br>Achieved __|<br>Achieved<br>‘2071-22<br>34.40 |<br>78.37<br>227.81<br>2022-23<br>53.3)<br>163.97<br>|<br>307.57||
||(IV)WhethertheUnitachievedPositiveNFE:Yes||

(D) Other information: LOA No. & Date No. & Date & Date Date

LOA No. & Date No. & Date & Date Date SEEPZ-SEZ/NUS/APL/GJ/45/92/ 10547 dated 15.01.1993 and it has last renewed vide letter dated 30.09.2071 Validity of LOA 01.04.2019 to 31.03.2024 Item(s) ofmanufactuSe r vicese/ 6 Cut and polished diamonds, plain & studded silver and alloy C2 gold plated jewellcry jannual capacityas per item no. 1), Plain gold jewellery, plain Platinum jewellery, studded ____| gold Date jewellery, studded platinum) of Hcommencement= ii of | 20.07.1994————————— i one ‘Outstanding Rent dues Rs. 700.12/- as on 25.10.2023 i a geai pee eernt Sub-leaseSar agreement1[is] registeredfor the period 01 04.2019 te 31.03.2004 Pending CRA Objection, if any Yes, CRA objection is regarding non-inclusion of expenses made in foreign currency during the FY 2016-17 to 2020-21 and the same have not been reflected in other foreign exchange outflow in the APRs. The Unit already submitted interim reply and further eePending Show Cause Notice/ Nil (As per available recordon file) Eviction Order/Recovery Notice/ Order Issued, if an S e S ee a) Projected employment for 206 the block period 3 wag Se Aa Si.os.g0aaendaiosaeas der a0aiaa| 125, 40)[(|] 2022-23[450] a | 0 | 165B71 Area allotted (in aq. ft.) 2021-22 | 8751.06 aq. ft. Area available for each employee FY 53.03 sq. per aq. ft. basis jarea/no, of 2021-22 [ft./employe 2022-23 | {t./emplo employees) : | i= yee Investment Financial Year | 2021-22 — 2022-23 till date | Building O.87 crore |[6.87] crore | Per Sq.ft. Exportrotaduring the FY || 2021-22) 0.0lcrore§.49 crore 2022-23 | 0.008 per sq. ft. per Quantity and value of goods | 2021-22 | Nil 2022-23 | Nil exported under Rube 34 (un-utilized goods) =| _____} , Value Addition during the | 2021-22 | 30.23% 22.18% monitarin, iod Whether the APR being considered Yes Yer. now has been filed well within the time limit, or otherwise (The APR for F¥ 2021If no, detailsof the Year along with | within__the22 has been stf i ledpulatedwell ||filed2022-23well withinhas beenthe

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----- Start of picture text ----- 07.06.2022.) “period on | | no of daye10620283 delayed to be given. time period on stipulated time ----- End of picture text -----

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----- Start of picture text ----- {E) Reconciliation of [EXPORT][ &] [IMPORT] [data:] ----- End of picture text -----

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----- Start of picture text ----- ja] EXPORT: (Rs, in Crores) | BF, Figures | Figures Difference, Reason for Difference /Remark | reported as per if any in APR | Trade (FOR Data 2071-22 103.47) LOS14 5.67 Due to ageregated value af returnable export, consignment sale, margin difference in case of exports done through merchant exportersand exchange gain, which have nol been included in the APR. The Unit submitted reconciliation | statement vide letter dated 2022-23 181.26) 205.16 23.90 Duce to aogeregated value of returnable export, consignment | sale, margin difference in case of exports done through merchant exporters, material received on loan basis and exchange gain, which have not been included in the APR The Unit has subrnitted reconciliation statement vide letter dated 19.06.2023 regarding the ----- End of picture text -----

ib) IMPORT:

(i) Capital Goods including procurement done on [UT (from SEZ, EOU, | Fy. | Figures | Figures Difference Reasons ior teR a. InkeCrores as per as per if any APR | Trade 2021-22— — 0.65 i. 0.54a a0.07 The machinery' import of Rs.0,15 Crore wide BoE No.1025741 dated 02.12.2021 has not been included in APR and book of accounts as the same was provided by the Buyer of goods. Also, amount of Rs.0.01 Crore against purchase of consumables not added in APR, However, both figures have been added in trade data retrieved from NSDL. Also, UT purchase of Rs.0.33 Crore has been added in APR data and the same has not been added in NSDL trade data. Sale of __import goods of value amounting to |

Rs.0.10 crore has not been added in APR data. However, the same has been added in trade data retrieved from NSDL. 2022-23 Oo} 0.18 | IUT purchase of Rs.0.18 Crore has not \ been imeluded in trade daia retrieved from NSDL. | (ii) Rew Materials including procurement done on TUT (from SEZ, EOU, STPI, EHTPS) basis: Figures Figures ; — Reasonsfor differenceRs.In Cores roe | as per Difference Trade ifany Purchase amount of Rs.5.86 crore from other units in SEZs and [UT sale amount | ofincludedRs. 14.82in tradecroredatahaveretrievednot beenfrom NSDL. However, the same has been 71.87 81,72 9.85 | included in APR data. Also, the aggregate a0a1+22 returnable/sampleamount of Rs.0.90goods,Crorematerialagainsthold in customs and packing material hes been included in trade data, However, data. The Unit submitted reconciliation | the same has not been included in APR statement vide letter dated 22.06.2023 ! ce | _tegarding| the sume, 00000 Purchase amount of Rs.2.42 Crore from other units in SEZa haa not been included im trade data retrieved from NSDL. However, the same has been | included in APR data. Also, the aggregate 91.16) 98.53 7.37 amount of Rs.9.79 Crore againat 202242 4 material,returnable/samplere-import goods,of goodsloanexportedbasins earlier and packing material has been included in trade data. However, the same has not been includedin APR data. The Unit has submitted reconciliation statement vide letter dated 19.06.2023 | regarding the same, {(F) Bond-cum-Legal Undertaking (LUT) (F.-Y. 2021-22) (INR in 1 Total amount of Bond-Cum-legal undertaking (BLUT) at the| 52.15 Ho _,_beginningValue of BLUTof the 5amountyears blockat theperiodbeginning of the Financialoan Year 41,53 2021-22 [APR monitoring period) iii Value of additional Bond cum legal undertaking executed during 0 the Financial Year 2021-22, if any ——— 7 iv Buty foregone amount on account of goods and services| 14.01 imported or procured from DTA during the Financial Year 2021_22 [APR monitoring period

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----- Start of picture text ----- v ----- End of picture text -----

Remaining or closing value of BLUT at the end of the Financial Year 2021-22 (APR monitoring period)

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----- Start of picture text ----- 27.51 ----- End of picture text -----

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----- Start of picture text ----- Bond-cum-Legal Undertaking (BLUT) |F.¥. 2022-23) pics i. | Total amount of Bond-Cum-legal undertaking (BLUT) at | | a ii | Valueinningof BLUTof theamountSyears atblocktheperiodbeginning0000of the Financial Year 2022-23 (APR monitoring period) Valucthe of additional Bond cum legal undertakingexecuted during |i ® iv |DeDutyFinancialeeforegone recnned Yearamount 2022-23,tosson DIBif a nccount austag theof Financlatgoods and Yourservices DOSE Ht Hs16,82 ___| 23monitoring[APR period) v | Remaining or closing value of BLUT at the end of the Financial Year 2022-23 (APR monitoring period) (0) | Details of pending Forcign Remittance beyond | 2021-22 No [As per Permissible period, if any. APR) To crogs-check the same and verify whether. “necessary permission fromAD Bank / RBI has 2022-25 (H) | Whether all SOFTEX has been fled for the said (ja) =o period? If no, detaila thereof. (8.0, to alan check whether unit has obtained SOFTEX condonation from BC office/RB! and if |Not Applicable for Gems approved, whether they have filed such pending janc Jewellery Unite ot ae ce aaa (6) | Whether all SOFTEX has been certified, if so till jwhich month has the same been certified? I nat, provide details of the SOFTEX and reasons for je) | Whether unit has filed any request for Cancellation (t)} | Whether any Services provided in | 2021-22 DTA/SEZ/EOU/STPI cic. agains! payment in INF in r/o IT/ITES Unit during the period? if yes, details thereof (year wise detaila to be (J) | Is the unit sharing any of their infrastructures with other units or are utilizing infrastructure of another unit in the samme or other SEZ? if so, detnils thereof, including the details of the No unit with whom the sharing is being made, and the payment terms. if approval for sharing of common imfrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to beindicated? Whether all OSPF for services procured during the | 2021-22 No funder aaid monitoring period under consideration has process) been filed by the unit and whether the same has 2022-43 beenWhetherprocessedunit hasfor approvalfiled all DTAby theprocurement50 Office? w.r.t. |2021-22 the goods procured by them during the monitoring period for the relevant period? 2022-23 if no,details thereof. ee Details of the request IDs pending forOOC in | 2021-22 i ae ----- End of picture text -----

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----- Start of picture text ----- submissionof monitoring repe (MN) | Has the unit set up any cafeteria / canteen / food | 2021-22 Wfcourt yes,in initwhethe p r emises?permissionfrom UAC / DC office has been issued, or otherwise office has been issued, or otherwise? 2022-23 Whether unit has availed any duty free goods i servicesfor setting If yes, whether unituphas suchdis fa c ility?harged such duty / tax benefit availed? details to be given including amount of duty / tax recovered or yet fo be {O) |wecovered?Whether any 0000violation of any of the prowisians of | 2021-22— law haa been noticed/observed by the Specified No ___(P) || Officer Details duringregardingthe periodvalue underand monitoring?duty foregone on nae| Rs.4.73 services procured from DTA during the APR crore& monitoring period Rs.0.85 crore _ Fao.29 Rs.Crore 1.65& —— Crore (Q) Observations: ----- End of picture text -----

» As far os FY 2021-22 is concerned, the Unit has achieved export revenue of Rs. 103.47 Crores against projected export of Rs.94.38 Crore ie. 109,/63% of the export projection.
» Aes far as FY 2022-23 is concerned, the Unit hes achieved export revenue amounting to Re.181.26 Crore againat projected export revenue of Re.99,79 Crore ic. 181.64%of the export projection.
® The Unit has achieved «ve Net Foreign Exchange on cumulative basia during the F¥s 2021-22 & 2022-23 ic. 227.81% and 307.57%, respectively for the 5 years block period from 2019-20 te 2023-24
» 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 and the BLUTwas alan found «ve at the end of FY 2022-23 even after abrupt increase in export.
® One CRA objection vide AM No. 24 dated 04.04.2022 is pending regarding non-inclusion of expenses made in foreign currency during the FY 2016-17 to 2020-21. However, the same were not been reflected in other foreign exchange outflow in the APRs. The Unit already submitted interim reply and final reply is awaited. No CRA objection and Show Cause Noticeare pending against the Unit for the FY 2021-22 & 2022-23
® No foreign exchange realization is pending beyand permissible time-period.

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----- Start of picture text ----- 0 ee ee SESE ----- End of picture text -----

Win eas a is i) AOD ein TC i Ca itn bea ii ie 4 ide Tt Te ehisqHiy Fs —: eae

FN Dasiissavss ea i] HE ibiassavill ieee ieee ies aL eRe TTT AAI aa eT Hc l Hs TNOTOOT a Re | pant TT ATT |iaERaSERESE ROMs iisiisivns i Sees plea

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

A) Proposal: Monitoring of the performance of the Unit mamely M/s. Ideal Jewellery Private Limited, GJ-05, SDF-VI, SEEPZSEZ, Andheri (E)}, Mumbail— 400006 for the period 2021-22 of 5 years block periodfram 202021 te 2024-25
1. Specific issue on which decision of UAC is required: The monitoring of performance of the Unit for F¥ 2021-22 of 5 Years block period ic. from 2020-21 te 2024-25 in termes of Rule 54 of SES Rules, 2006,
C) The details of the approved export projections for 5 years block period ie. FY 2020-21 to 2024-25, are as detailed below:

(I) Approved Projections:

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----- Start of picture text -----

|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|(Fa.|in|Crores]|
|||1s|Year|“2=@|Year|||3“|Year|| 4* Year|| 5S“ Year||Total|
|2020-21|
|||2021-22|||2022-23|2023-|||2026-|
|FOB|value|of|28.11|28.39|28.68|28,96)|29,25 ||143,39)|
|FENFE Qutgo|i||2248)5.63,|225|.|70)69|||2293)5.74,|23.14]56i)||23.57587]||114.6028.74|||
|(I)|Performance|os|compared|to|projections|during|FY|2021-22|for|5|years|
|block|period||e.|FY 2020-21|to 2024-25, is|as follown:|(Fe.|In|Crores)|

----- End of picture text -----

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----- Start of picture text -----

||||||||||
|---|---|---|---|---|---|---|---|---|
|i.|us|ee|——|
|f|||||Raw|Material|||€.G.|import|Other|
|||Projected|||Actual|||(Goods/Services)|||outflow|
|____|_2021-|_____||___||Projected| Actual|||Projected|| Actual|| __|Actual|
|28.39'|69.60)|22.04|nee|0.61)|0.14|0.01|

----- End of picture text -----

(Ill) Cumulative NFE achieved during FY 2021-22 and 2022-23 for the block period 2019-20 to 2023-24:

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----- Start of picture text ----- {Fa in Crores] Year Cumulative | Cumulatwe NFE § Cumulative % NFE _____| ProjectionsNFE Achieved Achieved |_2021-22| 11.31 27.78 245.62% ----- End of picture text -----

(IV) Whether the Unit achieved Positive NFE: Yes

{D) Other information:

LOA No, & Date SEEPZ-SEZ/NUS/APL/G1/243/99/ 12522 dated 29.10.1999 and it has last renewed vide letter dated 15.10.2020 for 3 years block period ic. FY 2020-21 to 2024-25 tity of LOA. | 01.04.2020 te 31.03.2025 Iterm/a) ofmanufacture! Services Studded & plain gold jewellery, studded & plain platinom jewellery, studded and plain | — __ Silver jewellery Date of commencement of 18.03.2000 roduction Outstanding Rent ducs Rs. 264.97 /- as on 25.10.2023 Labour Dues RIL | Validityof Lease Agreement Sublease agreement is registeredfor the period noPending 01.1999to 24.01.2029 CRA Objection, if an Na Pending Show Cause WNotice/ Nil (As per availablerecord on file} Eviction Order/Recovery Notice/ Recov Order issued, fampo a) Projected employment for 145 the black perlod bl91.03.2042No. ofemployeesas on Men + Somes | tee nder Total Area | | | B2 Area allottedovallable(infor sq.cachft.) employee |§).|2 aq. fi. 6652.1 eq. por sq. ft. basis jarea/no. of Investment Building — 150.27 lakhs till date Plant & Machinery 364.55 lakhs TOTAL 514.82 lakhe Per &q. ft. Export during the FY | 1.04 lakhs sq. ft. Quantity and value of poods | No exported under Rule 34 jun-utilized ds Value Additian during the | 71.11% , monitoringWhether theperiodAPR being considered0000000)Yes, APR filed online on 22.08.2023 vide now haa been filed well within the Request id No, 242300012135, time limit, or otherwinc.

Per &q. ft. Export during the FY

lf no, details of the Year along with no of days delayed to be given.

(E) Reconciliation of[EXPORT][&][IMPORT][data:]

ja) EXPORT:

(Ra. in Crores)

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----- Start of picture text ----- [ FY, Figures Figures Difference reported as per any if Reason for Difference/Remark in APR Trade (FoR Data | Value ----- End of picture text -----

The Unit hes submitted reconciliation statement along with supporting documents: vide Ietter dated 22.08.2023 wherein it has been shown that total amount of Rs.16.4 Crore has been included in the NSDL data against cancelled shipment, goods gent for 3021-29 69.60 Be 16.4 exhibition, consignment sale and margin difference in case of exporta } done through merchant exporters has not been included in APE as it | (third party). However, the samc | accounts.was not income in book of

{b) IMPORT:

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----- Start of picture text ----- {i} Capital Goods including procurementdone on [UT (from SEZ, EOU, STPI, EHTP) basis: BY. | Figuresas|per APR Figuresasper Trade Differenceif any Reasonsfor difference = Date 2021-22 0.19 0.14 0.05 | IUT sale has not been included ‘in trade data retrieved fram ----- End of picture text -----

(ui) Row Materials including procurement done on [UT (from SEZ, EOU, STPI, EHTP) basis:

(Re, In Crores)

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----- Start of picture text ----- F.Y. FiguresasperAPR | Figuresasper Trade Difi f erenceany Reasons for difference | 2021-22 52.75 | 37.82 14.93 | Trade data retrieved from NSDL | included| Ra.0.26 croretotal aggregateagainet re-importvalue of consignment returned, material ‘received value for customer lonly] and export returned, | However, the same has not been added in APR data. Also, IUT | purchase of Ra.15.19 crore has | net been added in trade data | and the same has been added in [F) Bond-cum-Legal Undertaking (HLUT) (F.¥. 2021-22) (INR in Crores) i Total amount of Bond-Cum-iegal undertaking (BLUT) at the 44,02 | ning of the 5 years block period = if =| Vatue of BLUT amount at the beginning of the Financial Year 2021-22 [APR monitoring period) iii | Value of additional Bond cum iegal undertaking executed ai ii. ___| during the Financial Year 2021-22, if any ----- End of picture text -----

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----- Start of picture text ----- | iv | Duty foregone amount on account of goods and services imported or procured from DTA during the Financial Year Remaining or closing value of BLUT at the end of the 15.06 (G) | Details of pending Forcign Remittance beyond Pennissible |No [Asper APR) | Toperical, [cross-check] if any the same and verify whether necessary |) Whetherall SOFTEX has been filed for the said period? If | ‘{a) |no, details thereof. | | (6.0. to also check whether unit has obtained SOFTEX condonation from DC office/ RBI and if approved, whether (Not Applicable to (fb) | theyWhet h aveer alfi l edSOFTEX such pendinghas beenSOFTEX.certified Uf so, till which GemsJewellery Units and month has the same been certified? If not, provide details of the SOFTEX [has] [filed] [any] [request] [for] [Cancellation] [of] hall SOFTEX? [|] and reasons for = [e] pend e ncy. e etc, against payment in INR in r/o IT/ITES Unit during the period? () |Whether any Services provided in DTA/SEZ/EOU/STPI Tt | (J) Islf yes, detailsthe unit sharing thereofany (yearof wisetheir infradetail s tructuresto be provw i dedth other | No uniteor are utilizing infrastructure of another unit in the sameor other SEZ? Wf ao, details thereof, including the details of the unit with whom the sharing is being made, and the paymentterms | If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / (K) | Whether all DSPF for services procured during the said | No (under procesa) monitoring period under consideration has been filed by the unit and whether the same has been processed for (L) |approvalWhetherbythetheunitSO Office?has filed ineeNSDL systemall DTA procurement wor.t. the gooda procured by them during the monitoring period for the relevant period? If no, details thereof. (M) | Details of the request [Ds pending for OOC in respect of DTA procurementon the date of submission of monitoring (IN) Has the unit set up any cafeteria / canteen / food court in unit premises? ifissuedyes, whetheror otherwise permissionoffice hasfrombeenUAC/DCissved, officeorotherwise.has been Whether unit has availed any duty free goods / services for settingup 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 be recovered. ----- End of picture text -----

periodunder monitoring?
Oe onetonee of any of the provisions of law hasa: (P) Details regarding value of services procured from DTA and | Rs.5.41 Crore its duty foregone curing the APR monitoring period. (Services procured)
| Rs.0.97 Crore

(QO) Observations:

® The Unit has achieved export revenuc of Rs. 69.60 Crores against projected export of Rs.28.39Crore ie. 245.15% of projected export for the FY 2021-22.
® The Unit has achieved positive NFE Le. 245.62% cumulativelyfor the financia! year 2021-22.
® The APR of the Unit for the FY 2021-22 has not been fled within stipulated time as it was filed on 22.08.2023 after a delay of 326 days and delayed in submission of APR happened due the fact that the Unit merged with another Unit namely M/s. Global Jewellery Private Limited in the third quarter of the FY 2021-22 and APR for FY 2021-22 has been submitted within stipulated time in the name of M/s, Global Jewellery Private Limited which included al! dataof M/s. Ideal Jewellery Private Limited as well. Further,the Unit filed the APRs of M/s, Idea! Jewellery private Limited and M/s. Global Jewellery Private Limited for the FY 2021-22, separately. [| appears genuine mistake duc to confusion. The UAC either may take lenient view or otherwise initiate penal action against the Unit for delayed submission of APR in terma of the provisionsof Rule 54 of SEZ Rules, 2006.
® The balance amount in BLUTat the end of FY 2021-22was positive. » No CRA Objections and any SCN is pending againat the Unit for the monitoring period.
» No foreign exchange realization is pending in respect of the Unit beyond permissibletime limit, FFA

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----- Start of picture text ----- tee ----- End of picture text -----

a be ;| an: a3 lint F (beltTREHe[fe] FFF ut i yt | yy be i f TP 1)a cadaeFe ed

DAPI Bicilaiian: Biliill Bill Mi citinsll tt Wahi fF) cotaUE CEI fe ITNT MRT OMT wn adialisiuii PE[TCLECLECLEL] vn RU HPPA»[Esa] TE

GOVERNMENT OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPS - SPECIAL ECOROMIC ZONE, ANDHERI (EAST), MUMBAI

A) Proposal: Monitoring of the performance of the Unit namely M/'s. Infinity Jewellery Private Limited, GJ-03, SDF-VIl, SEEPZ- SEZ, Andhen (Ej, Mumbai- 400096 for the period 2021-22 of 5 years block periodfrom 202021 to 2024-25.
B) Specific issue on which decision of VAC is required: The monitoring of performance of the Unit for F¥ 2021-22 of 5 Years block period ic. from 2020-21 to 2024-25 in terms of the provisions of Rule 54 of SEZ Rules, 2006.
C) The details of the approved export projections for 5 years block period ie. F¥ 2020-21 to 2024-25,are as detailed below:

(I) Approved Projections:

||||1"Year <br>"2020-21|.<br> ||2 Year <br>2021-22|.<br>|_—___—.,____{s.inCrores)<br> JYear<br>4" Year | 5% Year | Total<br>|<br>2022-23<br>2023-<br>2024.|
|---|---|---|---|---|---|---|---|
|-<br>-=<br>FOB|=<br>value|of|»<br>.<br>19.40|.|19.60|=||<br>_|<br>#3 _—<br>= Ce<br>19.80<br>|<br>19.99<br>|<br>20,19)<br>38.98|
|FEOutgo<br>NFE||||<br>17.13 |<br>[~aia7]||17.0 |<br>L7.46|<br>17.63) 17.80)<br>| 87<br>—_3330/2331<br>236]<br>2.3917 11.68|||

(ll) Performance as compared to projections during FY 2021-22 for 5 years block period ie. FY 2020-21 to 2024-25, is as follows:

(Ra. in Crores)

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----- Start of picture text ----- Year |“Export || Rew Material FE OUTaOoOC.G.import8©=©=——t—~*S| Other Projected | Actual | (Goods/Services) outflow ene oo | Projected |Actual| Projected | [Actual] | Actual lg ‘2021-22| 19.60)i 264 |] 16.70) 23.39): 0.55/; 0.06) )20 ----- End of picture text -----

(It) Cumulative NFE achieved during FY 2021-22 for the block period | Year 2019-20| Cumulative to 2023-24: Cumulative NFE Cumulative(Rs. tn % Crares)NFE 2021-92 | 4,57 | a3 if 191.02%

(IV) Whether the Unit achieved Positive NFE: Yea

{[D) Other information: LOA No. & Date SEEPZ-SEZ/NUS/APL/GJ/194/94/1213 dated 19.01.1999 and it is merged with LOA of another Unit namely Global Jewellery Pvt. of LOA } - 01.04.2020Lud. vide letterto 31.03.2dated 3 0 .09.2021.25 Item(s) of manufacture/ Services = Gold Jewellery items like rings, pendanta, bracelets, broeches etc, studded with ieta mond’ and colour stones etc. Date of commencement of 05.10.19%) OutstandingExecutionofBLUT eS Labour Dues Rentdues ss. | B,069.05/ as on 25. 10.2023 Validity of Lease Agreement Sub-least agreement is registered for the period real 02.09.1999to 01.09.2029 ‘PendingPending CRAShow Objection,CauseifamyWNotice/9|.NooNil (As per availablerecord on file) Eviction Order/Recovery Notice/ RecoveryOrder issued, famy 0 a) Projected employment for "9 |__| the bleck period _ —————— a b) No. of employeesas on _Men Women agender Total __31.03.9002000 Area allotted(im sq. ft.)0 ||COS)TBE8g. Et 0 126 Area available for cach employee 52.96ag. {1 per sq. ft. basis (area/no. of Investment § | Building 156.82 lakhe till date Plant& Machinery 121.51 lakhs TOTAL 278.33 lakhs Per Sq. ft. Export during the FY 0.39 lakh /eq. ft. Quantity and value of goods | No exported under Rule 34 (un-ttiliaed Value Additian during the 15.63% Whether the APR being considered No, APR filed online on 22.08.2023 vide now has been filed well within the Request id No. 242300012124. tlme limit, or otherwise, Submission of APR for FY 2021-22 is delayed by 326 days and it happened due the fact that If no, details of the Year along with the LOA af the Unit merged with another Unit no of days delayed to be given. namely M/s. Global Jewellery Private Limited in the third quarter of the FY 2021-22 and APR for FY 2071-22 has been submitted within stipulatedtime im the name of M/s. Global Jewellery Private Limited which included afl data of M/s. Infinity Jewellery Private Limited as well, Further, the Unit separately filed the APRs of M/s. Infinity Jewellery Private Limited and M/s. Global Jewellery Private Limited for FY 2021-22.

(E) Reconciliation of EXPORT & IMPORT data:

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----- Start of picture text ----- (a) EXPORT: ----- End of picture text -----

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----- Start of picture text ----- (Rs. in Crores} ----- End of picture text -----

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----- Start of picture text ----- F.Y¥. Figures Figuresas Difference Reason for reported in per Trade if any Difference/ Remark APR Data 2021-22 26.41 26.41 Nil | - ----- End of picture text -----

(6) IMPORT:

(i) Capital Goods including procurement done on [UT (from SEZ, EQU, STPI, EHTP) basis:

==> picture [433 x 76] intentionally omitted <==

----- Start of picture text ----- F.Y. Figures Figuresas Difference Reasonsfor difference as per per Trade if any 2021-22 0.06 | 0 0.06/1UT purchase has not been } included in trade data retrieved = i © 2 | fromm NSDL. ----- End of picture text -----

(ii) Rew Materials including procurement done on [UT [from SEZ, EOU,

(Re. in Crores]

F.¥. Figures Figuresas Difference Reasons for difference | as per | per Trade ifany 2021-22 23.39 | 23.88 0.49 | Trade data retrieved from NSDL | included aggregate purchase valuc of Rel.26 crore for Olobal Jewellerymerged withas LOAGlobalof thisJewellery. | | However, the save has pot been added in APR data of this Unit. ‘AsoRa. 1.73IUTcrorepurchase& Rs.0.95andcroresalehaveof } not been added in trade data retrieved fram NSDL. However, the same have been included in APE (F} Bond-cum-Legal Undertaking (BLUT) (F.Y. 2021-22) ie in Crore (i | Total amount of Bond-Cum-legal undertaking (BLUT) at the| 42.15 | beginning of the 5 years block period <iabpdimmeampaiae pea Ih — ii =| Value of BLUT amount at the beginning of the Financial Year| 31.28 | 2021-22 (APR monitoring period) iii | Value of additional Bond cum Iegal undertaking executed during the Financial Year 2021-22. if any _ iv_ | Duty foregone amount on account of goods and services imported

==> picture [453 x 659] intentionally omitted <==

----- Start of picture text ----- | orcirprocured from DTA during the Financial Year 2021-22 (APRi Remaining or closing value of BLUT at the end of the Financial Year 2021-22 {APR monitoring period) (G) | Details any of pending Foreign Remittance beyand Permissible period, | APR}No (As per To crogs-check the same and verify whether necessary rmission from AD Bank / RBI has been obtained. {(H]) | Whether all SOFTEX has been Med for said period? If no, details (a) thereof. (5.0. to aleo check whether unit has obtained SOFTEX condo- nation from DC office/RBI and if approved, whether they have |Not Ue(b) Whetherfiled such pendingall SOFTEX SOPTEX)has been certified0 if8so,.--—s_—till whichcs month |GemsApplicableandto | has the same been certified? HW not, provide details of the Jewellery SOFTEX and reasons for pendency. Units (ih Whether any Services provided in DTA/SEZ/EOU/STPI etc. ageinat payment in INR in r/o (T/ITES Unit during the period? Uf yes, details thereof (year wise detailsto be provided) (J) In the unit sharing any of their infrastructures with other unite or are utilizing infrastructure of another unit in the same or other SEZ? Iftheso, details thereof, inchiding the detailsof the unit wilh whorm 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 invebiewted (i) Whether all DSPF for services procured during the said | No (under monitoring period under consideration has been filed by the unit | process) and whether the same has been processed for approval by the [L) Whether the unit has filed in NSDL syetem all DTA procurement | Yes w.ir.t. the goods procured by them during the monitoring period __| for the relevant period? If no, details thereof (M) | Details of the request IDs pending for OOC in respect of DTA {N) Has the unit set up any cafeteria / canteen / food court in unit premisce? If yee, 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 actting up such facility? if yes, whether unit has discharged such duty / tax benefit recoveredavailed? Detailsto be given includingamount of duty/tax or yet to be recovered. ----- End of picture text -----

| (Oo) Whether any violation of any of the provisions of law has been noticed/observed by the Specified Officer during the period ander monitoring?
{P) Details regarding value of services procured from DTA and its Rs.20.17 duty foregone during the APR monitoring period. crore (Services procured] Rs.0.05 crore (duty

(Q) Observations:

The Unit achieved export revenue of Rs, 26.41 crores against projected export of Rs. 19.60 crore i.c. 134.74% of projected export for the F¥ 2021-22,
» The Unit achieved positive NFE icc. 191.24% cumulatively for the financial year 2021-22.
® The APR of the Unit for the FY 2021-22 had not been filed within stipulated time aa it was filed om 22.08.2023 aftera delay of 326 days and delayed in submission of APR happened due the fact that the Unit merged with another Unit namely M/s. Global Jewellery Private Limited in the third quarter of the FY 2021-22 and APR for FY 2021-22 was submitted within stipulated time in the name of M/s. Global Jewellery Private Limited which included all data of M/s. Infinity Jewellery Private Limited as well, Further, the Unit separately filed the APRs of M/s. Infinity Jewellery Private Limited and M/s. Global Jewellery Private Limited for the FY 2021-22. It appears genuine mistake due to confusion. The VAC either may take Jenient view or otherwise initiate penal action against the Unit for delayed submission of APR in terms
e Thoof thebalance provisions amountof Rulein BLUT54 ofatSEZtheRules,end of 2006.FY 2021-22 found positive, » WoperiodCRA Objectionsand any SCN pending agains! the Unit for the monitoring > No foreign exchange realization is pending in respect of the Unit beyond permissibletime limit.

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----- Start of picture text ----- hh ed ----- End of picture text -----

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|__ iL ell ae AITTPEeee t_aTTTERRaTT aL eTTTeRaTTT area || Afal MTT military Weller | NE A aii a hee le |ea BITTTn LL HTTTeeeat RUT PAT A

GOVT.OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI] (EAST), MUMBA! i

AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

The APR monitoring for the Unit, M/s, Fimacus Solutions Pvt. Lid, has been done up to the FY 2021-22 for the block period (2018-19 to 2022-23) m the UAC held on 30 December, 2022. The LOA of the Unit is walid up to 31.03.2023.

Aj) PROPOSAL:

Monitoring of the performance of M/s. Finacus Solutions Pvt. Ltd., unit located at Unit No. 168 & 171, SDF VI, SEEPZ- SEZ, Andheri (Ej, Mumbai400006, for the period F.¥.2022-23 of block period from F,Y 2018-19 to 2022-24.

8} Specific Issue on which decision of UAC is required: Monitoring of the performance of the unit for F¥ 2022-23 of the block period 2018-19 to 2029-23 in termeof Rule 54 of SEZ Rules, 2006.

C) The details of the approved export projections for block period from FY 201819 to 2022-253, are as detailed below

==> picture [483 x 270] intentionally omitted <==

----- Start of picture text ----- (I) APPROVED Projections (Ra. In Crores) ; (Rs, In (Re In (Re in (Re In (Re Ine se Lakhs) Lakhs) (Lakhs) Lakhs) Lak rail ue of) 93.01 uso | 1200 | 1250 | 13.90 52.91 FE Quo, | 00.02 | O172 | 0180 | 0187 | 0208 | 0749 | NFE 02.98 | 09.78 10.20 10.63 11.82 4541 (ll) Performance as compared to projections during the block period 2018-19 to 2022-23 (Rs. In Crore) Year Raw Material ’ Other ___(Gooda Services) | Project | : CG, import 2018-19 03.01 ore | 0.00 | 0.00 _ |0002 2019-20 11.50 | O187 | 0.00 | 0.00 01.72 || 0.096.00 0.00G0 2020-21 12.00 | 15.43 0.00 0.00 | 01.80 0.00 0.00 ----- End of picture text -----

||12.50<br>04.57<br>2022-23<br>13.90<br>65.11<br>Total<br>52.91<br>27.76|ooo<br>|<br>ooo<br>|<br>01.87<br>0.00 |000|<br>0.00<br>6.00<br>_02.08<br>0.00<br>|06.00<br>000<br>|<br>0.00<br>07.49<br>0.00 |9.00||ooo<br>|<br>ooo<br>|<br>01.87<br>0.00 |000|<br>0.00<br>6.00<br>_02.08<br>0.00<br>|06.00<br>000<br>|<br>0.00<br>07.49<br>0.00 |9.00||ooo<br>|<br>ooo<br>|<br>01.87<br>0.00 |000|<br>0.00<br>6.00<br>_02.08<br>0.00<br>|06.00<br>000<br>|<br>0.00<br>07.49<br>0.00 |9.00||ooo<br>|<br>ooo<br>|<br>01.87<br>0.00 |000|<br>0.00<br>6.00<br>_02.08<br>0.00<br>|06.00<br>000<br>|<br>0.00<br>07.49<br>0.00 |9.00||ooo<br>|<br>ooo<br>|<br>01.87<br>0.00 |000|<br>0.00<br>6.00<br>_02.08<br>0.00<br>|06.00<br>000<br>|<br>0.00<br>07.49<br>0.00 |9.00||ooo<br>|<br>ooo<br>|<br>01.87<br>0.00 |000|<br>0.00<br>6.00<br>_02.08<br>0.00<br>|06.00<br>000<br>|<br>0.00<br>07.49<br>0.00 |9.00||
|---|---|---|---|---|---|---|---|
||(111) Cumulative NFE achievedduring<br>the block period2018-19<br>to 2022-23|||||||
||Year<br>Cumulative NFE||__<br>(Rs in Crores)<br>Cumulative NFE<br>Cumulative “s NFE|||||
||2022-23|02.98<br>__4019-20<br>A276<br>—2020-21<br>|<br>22.96<br>2021-22<br>33.59<br>2022-23<br>45.41|!|~00.76<br>**2**5**.6**1**%**<br>0240<br>|j j|j||<br>6<br>4<br>18.83<br>81.99%<br>24.41<br>6.67x<br>28.52<br>62.80%|||||
||(IV) Whether theUnit achieved PositiveNFE<br>: Ves|||||||
||(D)<br>Other Information:|||||||
||LOA No.&Date||NO:8/14/90-EP2Z Date ; 11.04.1991|further||||
||||renewed from time to time.|||||
||ValidityofLOA<br>—|—|31.08.2025|||||
||Item(s) ofmanufacture/ Services||| Computer SoftwareAndConsultancy: <br>embodied<br>Telecom<br>instruments|software <br>ane|||||
||||instruments for testing of fibre optic-||Broad|||
||||banding.|||||
||‘Date<br>ofcommencement ofproduction||=—.20.09. 199)|||||
||Execution ofBLUT<br>OO|||||||
||OutstandingRent duces||Ra.9597 59). ason 26.10.2023|||||
||LabourDues<br>i|(ststi‘“‘“‘“‘iéCNOOOO!||||||
||Validity ofLeaseAgreement<br>«|<br>Subleaseagreement<br>is<br>pending<br>for.|||||||
||||adjudication<br>for<br>the<br>period<br>01.04.2023|||to|||
||||21.03.2028|||||
||PendingCRA Objection, ifany—||‘NotApplicable<br>=#||©|||
||Pending Show Cause Notice/ Eviction<br>Nil, as far as records available|||||||
||Order/Recovery Notice/ Recovery Order|||||||
||issued, ifany|||||||
||a) Projected employmentfor the||BotGiven<br>in form Fl|||||
||block period|||||||
||___)_No.ofemployeesason|||||||

31.03.2022 142 i. Male-130 2. FPomale:S1 3. Transgender:00 Arca allotted (ineg.ft.) |. #|& | $Sifa2sgh

Area available for each employee per 61.77 59. ft peremployee oq.ft. basis [area / no. ofemployees)

Investment till date Building 0.00 ‘Plant& Machinery | 0.38 Crores TOTAL 0.30 Crores | Per Sq.ft. Export during the FY Rs.5629.22 per sq. ft Quantity and value of goods exported Nil T 7 under Rule 34 fppunlizedValue Additiongoods)during the moritoring. |__NA es a | to riod ee = —————— Ee a ee ad Whether all the APRs being considered now Yes, The APR for the FY 2022-23 has been has beer flee well within the time limit, or filed well within time Le, on 29.09.2022 otherwise, If no, details of the Year along with no of days delayed to be given. " ————— . L er

{E) Reconciliation of Export & Import data.

==> picture [484 x 206] intentionally omitted <==

----- Start of picture text ----- ja) EXPORT Figures ———— — ————— Year/Period in APRreported(FOB FiguresSoftex/ asTrade per Differenceif any (Re Reason for Value) (Ra. In Data (Re. ri ia hs) —ifference/Remark 2022-23 0.11 | 05.11 Negligible | _ No Difference | (b) IMPORT (Capital Goods including procurement done on IUT (from SEZ, EO, STPI, EHTP) basia. Fi (Rs. In Crores Year as ‘Figures as per Diff Reasons for | Pap/ P e riod per9.00APR Softex/0.00 Trade af omy _NodifferenceDifference ----- End of picture text -----

|(F)||Bond cum LegalUndertaking<br>(BLUT)||||
|---|---|---|---|---|---|
|| 4 | Total Bond-Cum Legal Undertaking |Rs.4701584/-<br>Remaining Value of BLUT given by| Rs.-11138264/-<br>entity at the start ofthe Financial |<br>Year 2022-23<br>=<br>-<br>ValueofAdditionalBond-cum-Lega!l Rs.275883200/-<br>bd<br>Undertaking<br>(BLUT)<br>executed|||+|||
|¥||The<br>duty<br>forgone<br>on<br>Goods/|<br>Rs.<br>3675267/-<br>jduty<br>forgone<br>Services imported<br>or procured | sracusementof DTAgoods)<br>during the Financial Year 2022-23<br>(should include the GST foregone<br>on |<br>DTAprocured goods/services)<br>Remaining Value of BLUT as at the<br>| Re. 11069669/-<br>end of the Financial Year 2022-23<br>|||on|the|
|(G)||| Details of pending Foreign Remittance beyond |NoRemittancepending<br>Permissibleperiod,<br>ifany<br>To cross-check the same and verify whether||||
|||necessary permission from AD Bank / RB! has||||
|(H) (a) |Whether all softex has been filed for the suid) Yes<br>period. ifno, details thereof,||||||
|(b)|||30 toalsocheck whether unit hasobtained Softex<br>econdonation from DC office / RAL and f approved,<br> whethertheyhave filedsuchpendingSoftex.<br>;<br>Whether all Softex has been certified, if so till Yes,<br>which month has the sarme been certified. If not,||||
|||provide<br>details<br>of the<br>Softexs and<br>reasons<br>for||||
|||dency,||||
|(ec)<br>_._,<br>(1)|=|Whether<br>unit<br>has<br>filed<br>any<br>request<br>for No<br>Cancellation ofSoftee<br>Whether any Services previded in DTA<br>/<br>| No<br>SEZ/EOU/STPI etc. against payment in INR in)<br>r/o IT/ITES Unit duringthe period.<br>|<br>if yes, details thereof (year wise detaila<br>to be|||||
||i|deed||||
|(J)||ia the unit sharing any of their infrastructuresNo<br>with other units or are utilizing infrastructure of<br>|<br>another<br>unit in thesameorother SEZ.<br>If so,details thereof, including the details of the<br>|<br>unit with whom the sharing is being made, and<br>the payment terms||||
|(K)||Whether|lf approval for sharing of common infrastructure<br>has been obtained<br>fromUAC/ DCoffice. thedate<br>of UAC /Approvalletter to beindicated<br>Whether<br>all DSPF for services procured during the None <br>said monitoring<br>periodunderconsiderationhashas|ofvendorsoftheUnit<br>approachedthem<br>for|||

{L) Whether unit has filed all DTA procurement wort. | Yes the goods procured by them during the if mo, details thereof respectDetailsofof theDTArequestprocurementIDs pendio n g thefor OOCdate inof | No Request Pending (Nv) Hassubmissionthe unitofsetmonitoringreportup any cafeteria / canteen / food | No court in unit premises. Uf yes, whether permission from UAC / DC office has been issued, or otherwise office has been isswed,or otherwise Whetherservicesunit has availedany duty free goods / for setting up sich facility? If yes, whether unit has discharged such duty / tax benefit availed? details to be given including recoveredamount of duty/ tax recoveredor yet to be (o) Whether any violation of any of the provisions of | No 7 = Officerlaw hasd been noticedthe period / observedunder monitoringby the Specified— | Observations: »* The unit has achieved export revenue of Rs. 5.11 Crores as againel projected export of Rs. 19.90 Crores ic. 36.78 % during the FY 2022-23 for the block period from F¥ 2018-19to 2022-23. »* The unit has achieved Cumulative NFE of Re 28.52 Crores as againal Cumulative Projection of Re. 45.41 Crores upto the monitoring year FY 2022-24 of the block period and the aame is 62.80 %. However the Unit has achieved Positive NFE

» The APR for the FY 2022-29 has been filed within stipulated time limit. » The BLUT balance is positive for FY 2022.23 » No CRA Objections /Show Cause Notice pending against the unit » No Foreign Exchange Remittance pending beyond permissible time limit for the FY 2022-23of the block period
- Proposed to monitor the performance of the Unit by UAC for the periodFY 2022-23 in termsof Rule 54 of SEZ Rules, 2006.

feHieeee

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TE ma[(ITTTIIT] ‘|[ATEUUNTTET] ja UUTTTTIL gr ECUTTTE al ReIITIITTTE iV LUTTETTTIL |SITE sea ‘AR UUTTITTIL a4 (ITT TUAOHGLGOU iedessa ee

==> picture [84 x 10] intentionally omitted <==

----- Start of picture text ----- GOVT. OF INDIA, ----- End of picture text -----

OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, AN DHER! (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

A) PROPOSAL:

Monitoring of the performance of M/s, Sarto Electro Equipments Pvt Ltd. {Trading Unit), located at Unit No. §1 D, SDF Il Ground Floor, SEEPZ- SEZ, Andheri (E), Mumbai-400096, for FW 2021-22 of block period 2021-22 to 2025-26.

B) Specific Issue on which decision of UAC is required: Monitoring of the performance of the unit for FY 2021-22 of the block period 2021-22 to 2025-26 in terms of Rule 54 of SEZ Rules, 2006.

==> picture [480 x 343] intentionally omitted <==

----- Start of picture text ----- €) 2021-22The detailsto 2025-26,of the approwedare as detailedexport below:projectionsfor block period from FY (1) APPROVED Projections (Ks. In Crore} | (Ra. In (Rae. In (Ra. In (Rs. In (Ra. In Total of558exportvalueTa Lakhs)4.42 !| Lakhs)sal Lokhs)a aes | Lakhs)6.72 | Lakhs)rae i imma FE Outgo 3.88 4.47 |) 5.04 | S59) 1 6.79 20 ‘Nre | oss | 062 | 07: | 081 | 094 | | 362 (1) Performance as compared to projections during the block period 2021-22 te 2025-26 (Rs. In Crore] =Raw=] MaterialFE.OUTGO mt | Other | iprnjectet | Actual | [Geods/Servicey | _ ©-0: impor I | Projected | Actual | Projected | Actual | 2021-22) 4.42 | 3.34 | 236 197 | 1.34 9.00 0.04 2022-23 | 5.08 , 27) | — Ao | ae _| 2024-24 5.85 = 312 | 77. : . 2024-25 : 3.58 a a ee | 2025-26 | 7.73 - | 412 | - 234 : ; Total 79.81 334 | 15.90 L.97 902 | 0.00 | 0.04 ----- End of picture text -----

(1) Cumulative NFE achieved during the block period 2021-22 to 202526

(Rs. In Crore) Year Cumulative FE CumulativeNFE | Cumulative % NFE 2021-22 0.54 0.63 1L17.17% 2022-23 1.15 = : ; aes ee eee (IV) Whether the Unit achieved Positive NFE i Yea [D) Other Information: LOA No, & Date SEEPZ-SEZ/NUS /APL/GJ/21/TRADING/0506/2645 Dated: 13.04.2006 Validity of LOA 31.03.2026 Item(s) of manufacture/ Services All types of Investment, Powder used in Jewellery making,All types of Wax used in Jewellery making, Non-Hazardous Chemicals used in Jewellery making, Precious Metal Analyses and its Components and Spare Parla, Engraving or Marking Machine and ita Components and Spare Parte, Diamond Marking Machines and ite Components and Spare Parts, Alloya with all Mctal Base Viz, | Silver, Copper, Cubic Zirconia C2 and American Diamond, Development of Jewellery | Designs[used][in] through[jewellery] CAD,[making,] Digital[ita] Weighing[components] Scales[and] Spare Parts, Weighing Scales components and “spare parts required for assembly and ioMachine andEnvisionTeeite components,Rapid EnvisionTec protyping Consumabies such as Resin, Lamps Trays, | Filters ete., All type of Silicone Rubber and Other Rubber weed for Jewellery Making, All (Types of Hand Tool used for jewellery making, All Types of Filling & Polishing Tools and | celAccessormes& SilverrequiredChain’s forFinishedjewellery& Unfinishedmaking. | in spool form, Machineries used in jewellery making precious metal findings used in jewellery making, Various Alloys used for making different Karatageof Precious Metals, All types of Software used in Jewellery Making,

Technical know now to implementimprove new methods, Development of jewelleryDesigns Caparity. Date ofcommencement of production § 12.07.2006 ‘Execution of BLUT Yeo OutstandingRent dues "TNE a | Labour Dues NIL Validity of Lease Agreement Sub-Lease agrecment is registered for the period 01.04.2021 to 31.03.2026 Pending Show Cause Notice/ EvictionNo ] Order/Recovery Notice/ Recovery Order |ssued, if any a) Projected employment forthe 9 — block period b) No, of employees os on 31.03.2021 . Area allotted (in sq.ft.) 264g #8 © Fees spo“lable for each employeeper 204.44 sq.{1 peremployee 8g.ft, basis (area / no. of employees) Investmentdate tillBuilding| 0.00 Plant ae , : & Machinery | 0.00 | ‘TOTAL si‘(<‘i<ar=s;ow© | under Rule 34 unutilized goods) _ ] Value Addition during the monitoring NA | ccWhether aa a | all the APRs being considered = §=NO, The APR for the F¥ 2021-22 has been now has been filed well within the ime filed on 18.11.2022with a delay of 49 days. limit, or otherwise. Ifdays no, delaveddetails ofto bethe given.Year alongwith no of || ae! SE) | ee ||

==> picture [234 x 15] intentionally omitted <==

----- Start of picture text ----- (E) Reconciliation ofExport& Import data. ----- End of picture text -----

==> picture [481 x 600] intentionally omitted <==

----- Start of picture text ----- ja) EXPORT | Year/ | Figures reported . Figuresas per- Diff (Rs. In Crore} ind Per in APR (FOB Softex/ Trade ir Reason for Value) (Rs. In Data (Rs, =f*ny(Rs Lakhs} In.Lakhs)} | _-‘ Difference /Remark in i. Qutside India- Export-6,97 Laks) il, IUT-SE2-SEZ- 2021-22: 3.34 0.24 3.10 24.69,Export-' Deemed300.81 (Inside Seepe- Sales ofGoods & es Ill aete 300.81)Services = Total | (b) IMPORT: (i) Capital Goods including procurement done on TUT (from SEZ, EOU, STPI, EHTP) basis: RY, Figuresas Figuresas Differenc Reasons for difference per APR per Trade e ifany 2021-22 | 0,00 0.00 | 0.00 | — (ii) Raw Materials including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: F.Y. fate — [RICrovey | FiguresperAPRas | FiguresperTradeas ceDifferenifany Reasons for difference ] 2021-22oe de _____,2.05 ata1.94 1-—-O.11— -— ————-- 3The unit vide csbetter datedaie 13.10.2023 has submitted the reasons for difference aa under- l. NSDL did not captured IUT purchase date amounting to Rs. B40 Lakhs 2. Exchange deference of Re 2.36 Lakh (2021-22) has been considered in the | | | L books ofthe unit (F) Bond cum Legal Undertaking (BLUT) Remaining Valie of BLUT given by entity at the start of the 10 Mt Financial Year 2020-21 ae | Value of Additional Bond-cum-Legal Undertaking (6 LO ----- End of picture text -----

==> picture [458 x 642] intentionally omitted <==

----- Start of picture text ----- | executed during the Financial Year 2020-21 during the Financial Year 2020-21 (should include the GST | The duty forgone on Goods/ Services imported or procured | 0.57 wv | Remaining Value of BLUT as at the end of the Financial Year | 7.89 2020-21 | (ii) + (iit). fivji. (a) Tkmary pending Porsign Taaitance Ujond Pereiseiie period, No To cross-check the same and verify whether necessary (H) |Whether all softex has been filed for the said period. If no, details |Not Applicable (a) thereof! ‘$0 to also check whether unit has obtained Softex condonation fromsuch DC office / RBI and if approved, whether they have filed| pending Softex. (>) | Whether all Softex has been certified, if so till which month has | Not Applicable the same been certified. Y not, provide details of the Softex and '(e)(1) | Whether unit hasfiled any request for Cancellation af Saite Not Applicable | Whether any Services provided in DTA / SEZ/EQU/STPI etc. | Not Applicable againat payment in INR in r/o IT/ITES Unit during the period. if yes, details thereof (year wise details to be (J) | Ie the unit sharing any provided) infrastructure of another unit in the same or other| oe of their infrastructures with other units or |No If so, details thereol, inchading the details of the unit with whom the sharing is being made, and the payment terms lf approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated Whether all DSPF for services procured during the said | Not Applicable monitoring period under consideration has been filed by the unit andOffice,whether the same has been processed for approval by theSO (4) | Whether unit has filed all DTA procurement wrt. the goods Yea procured by therm during the monitoring period for the relevant perad. IfDetailsno, details thereof a 7 ie srocurementof theonrequestthe date IDsof submissionpending for OOC ee | a ee Has the unit set up any cafeteria / canteenof monitori/ food courtie in unit |No Premises. If yes, whether permission from UAC / DC office has been issued, or otherwise office has been issued, or otherwise Whether unit bas availed any duty free goods / services for settingup such facility? ----- End of picture text -----

If yes, whether unit has discharged such duty / tax benefit
availed? details to be given including amount of duty / tax recovered or to be recovered
el(ted / ebserved by the Specified Officer during the ooriod | (P) Observations: » exportThe unitof hasRs.achieved4.42 Croreexportie. revenue75.64 %ofduringRe. 3.34the CroreFY 2021-22a5 agains! projectedfor the block period 2021-to 20 2 5-262
- The unit has achieved positive NFE of Rs. 0.63 Crore as against Projected Rs. 0.54 Crore for the monitoringyear FY 2021-22of the block period and the sameis 117.17%
- » The APR for the F¥ 2021-22 has set been filed within stipulated time period [delayed by 49 days).
- ® The BLUT balance is positivefor FY 2021.22 * No CRA Objections/Show Cause Notice pending against the unit * Wo Foreign Exchange Remittance pending beyond permissible time limit for the FY 2021-22 of the block period
- ® UAC may like to moniter the performanceof the Unit for the FY 2021-22, in terma of Rule 54 of SEZ Rules, 2006,

==> picture [129 x 7] intentionally omitted <==

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SARTO ELECTRO EQUIPMENTS PYT LTD. TRADONG WNIT LOAANMIEXUEENO: SUPT.SEZ/NU/.APL/GH/21/TRADHNG/INS-O5/'76458 dated 13.04.2006 EXPORT & IMPORT NFE DATA FOR FY TEAR 2021.22 TO 2025-26 Date Cormeen ef pretiurtenen LP) pe

iin teks Tear (Ft) | MCR wate AS Eeport | Projected rT MSR ~ APi-dets (Rew | APi-dste per rejected On vale lgued == Forsign ams okt of wumerial werthcepor (Flaw | ihoreggr Curealitiw during APR Earring iG he as iriure beta Eerhaape e Gosls Ber rele i at ef ar wi SertibedeCluehl | | ‘SET NFE} aE fhules., Auten | io ois | Fs | -. | = aS EE ee Se Se ee ‘| ws aoe mor |[meme] | oom | aon |ees| oon mo |[ome] | am fem]os | aes |

ANNEXURE -8

hn 16-17 1619 | 19-20 | 2021 | 2-22 | a a a ES eee SS ee eS eS eS eee Al 2 SSS Se as Ee a a A a ee ES SSS Se a a oe 2 ESS SSS Eee Se a - aE eS SS Sas See Se eS eS ee) a ry ae ae eee aes nT) GT ES ee a ee ee ee a ee (ee eee eS es ee 2 eee ee Se Se (ee ee eS ll A es Se eee Say ee ES) eC ET) nell Se ED eee a See Se Saas See a ee CT rorAL | 000 |" ooo | a0 [000 [ooo | aco | 000 | ooo | ooo | ooo | ~om [000

GOVT. OF INDIA,

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

==> picture [67 x 6] intentionally omitted <==

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AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

A) PROPOSAL:

Monitoring of the performance of M/s. Poonty Jewels Private Limited, unit located in G-43 GAJ-1, SEEPZ- SEZ, Andheri (E), for the period 2020-21 & 02 1-22 of block period 2017-18 to 2021-22.

B) Specific Issue on which decision of VAC is required:

Monitoring of the performance of the unit for FY 2020-21 & 2021-22 of 4™ and Sis Block period in terms of Rule 54 of SEZ Rules, 2006.

C) The details of the approved export projections for the block period of 5 years i.e. F¥ 2017-18 to 2021-22, are as detailed below:

==> picture [465 x 103] intentionally omitted <==

----- Start of picture text ----- (t) APPROVED Projections (Rs. In Crore) | FOS value of 35.00 36.75 | 39.32 | 42.47 46.72 200,26 export ee i ed nl5 FE Qutgo 30.04 31,26 | 33.48) _ 36.04) 39.60 170.46 NFE 4.95 5.46) 5.83 | 6.42) FM 99.79 ----- End of picture text -----

{Il} Performance as compared to projections during the block period 2017-18 to 2021-22. (Rs. In Crore]

—) rl | coimpon | ont _ —OBxport —__ Fi, OUTGO Year |(Goods/Services] |__ asi ert outllow Projected Actua Projected = Actual | mea Actual Actual 2018-19 36.75 | 1971 30.50 244 | 0.25 | 0.00 76.56 2019-20 | 39.d2 25.81 36.24 | 339 0.25 0.00 59.55 2020-21 | 42.47 4.42. 35.25 1.25 0.15 | 0.00 64.38 2021-22 | 46.72 33.11 38.78 15 0.10 0.2 Total | 274.51 107.33 169.82 16.06 1.25 0.26 |[413.18][|]

| |

==> picture [471 x 156] intentionally omitted <==

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|{III}|Cumulative|NFE|achieved|during|the block|period|2017-18|to 2021-22|to|
|2021|(Rs. In|Crore)|
|||Year|CumulativeProjection NFE|Achieved|Cumulative_Achieved % NFE|
|2017-18|4.95|16.04|323.59%|
|2018-19|10.42|26.29|252.23%|
|2019-20|16.25|38.84|238.96%|
|__-2020-21|GB||39.33|173.42%|
|2021-22,|||29.79 ||CC|_|[|]|[BS.8S%]|
|(IV)|Whether|the|Unit|achieved|Positive|NFE|: Yeu|

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==> picture [456 x 508] intentionally omitted <==

----- Start of picture text -----

|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|(D)|Other|Information:|
|LOA|No.|&|Date|~~|SEEPZ-SEZ/1A-1/APL/GJ-21/2010-11/|682|
|DT.|17.01.2011|
|‘Validityof|LOA|01.07.2022|further|renewed|up|to|
|O1.07.2027|
|‘[tem(s)|of manufacture/|Services|"Blain|[&][ Studded][ Gold]|[Platinum][ Jewellery]|—|
|studded|with|[Xamonds|precious and|Semi-|
|precious|stones|
|Date|ofcommencement|ofproduction|“02.04.2012|©|
|Execution|of|BLUT|~~|or|“Yes|
|an|on|date|25.10.2023|
|Outstanding Rentdues|"Ris. 53,787/-|
|Et... ————|——E———————|os|—|sil|
|Validity of Lease Agreement—|"Sub|—|Lease|agreement is registered|for the|
|ae|e|e|ei|period|of|02.07.2022|to|01.07.2027|_|
|Pending CRA Objection,|if any|No|
|Pending Show|Cause|Notice/|Eviction|Wo|
|Order/Recovery|WNotice/|Recovery|(As|per APR|file}|
|Projected employment|for the|
|Order issued, if|any|
|block period|—|{|2020-21|=ie2021-22|
|a)|No.|of|employees|as on|
|lie|
|31.03.2021|200|200|
|b)|No.|of|employees as on|71|||=|40|
|31.03.2021|
|LrArea|allottedshineejin|sq.ft.)|6821.84|Sq|Ft.|6821.84|Sq|Ft.=|
|Area|available|for|each|employee|per|6.08|Sq.ft/|| 170.54|aq.ft/employee|
|sq.ft. basis|(area|/|mo.|of employees)|= ermployer|

----- End of picture text -----

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----- Start of picture text ----- ~ - | 2020-21 ~ | 2021-22 = eee —_—— date : TOTAL 0.99 117 Per Sq.ft. Export during the FY 647963 /Sqtt. 4853895/Sq.ft | NEL NIL Quantity and value of goods exported under Rule 34 Value Addition during the monitoring 26.82% 31.23% Whether all the APRs being considered "0 YES now has been filed well within the time | APR fortheyear | APR for the year tienbt: ce-ciberiden:. 2020-21fled on has been 2021-22on 29.09.22has been filed If no, details of the Year along with no of | 24-02.2022. days t There is a delay delayed to be given of Séleie [E) Reconciliation of Export & Import data. ja) EXPORT (Ra.in Crore) Figures as Year/Peri ihe sre vagy per Difference Reason for od Value) Softex/ Trnde Dat if any Difference/ Remark 2020-21 442, 3.97 045 The unit vide letter dated 13.02.2023 the difference is as loan/repair/ returnable | because of Rs.0.45 cr goods basis goods, (Matcrinis 2021-22 a3.10 Eha3.11 Oo _| [Supplied] by custom [b} IMPORT (Capital Goods including procurement done on IVT (from SEZ, EOU, STP. EHTP) basis. (Rs. In Crore} amp Figures as per Differen pes per APR | Softex/Tra ce ifany 2020-21 1.25 bi ae | 5.15== 0.01 | | The aeUnit wide aletter datedee 2021-22 28.02.2023 informed that the difference is on account ----- End of picture text -----

of Rs.0.89 lakhs worth spares purchased and the same was not consideredin import of raw materials. a As per the Units letter dated 28.02.2023 clarified that the difference in amortization is due to the following (i) the amortization value of Rs, 6.08 lakhs taken for the year 2012-13 is inclusive of one purchase donor of CG pertaining to the year 2011-12 and the same cannot value of Rs.1.72 deducted from the amortization value hence the ro be considered for 21-22 as it is more that 10 years old. Hence the unitamortization value for 2021-22will come to Rs.4.39 lakhs fill) the Rs, inOO7/-respectlakhs. of 2021-22The s am orte i zations incorrecttaken ao n dquarterlythis shouldbasis i.¢.be considerfor whol e ie.d it should be Rs.0.27 lakhs , henoe the amortizationvalue will be Rs.7.20 lakhs. (F) Bond cum Legal Undertaking (BLUT) for 2020-21 fil |femainingFotal Bond-CumValueLegalof‘ BLUTUndertakinggiven=by | R s. 79.25eise1s. In Crore entity at the star of the Financial Year, ili Value of Additional Bond-cum-Legal | 0 Undertaking (BLUT) executed during theFinancial Year. | iw The duty forgone on Goods/ Rs.0.34 Services imported or procured | duringinclude the Financial Year (should| the GST foregone on DTA | RemainingValue of BLUT as at the | Rs. 78.91 endof the FinancialYear | (ii) * (1u)FG

Bond cum Legal Undertaking (BLUT) for 2021-22

i TotalBond-CumLegal Undertaking | Re. 61.89 Remainingentity at theValuestar ofof BLUTthe Financialgiven by | Re. 76.91 Value of Additional Bond-cum-Legal 0 Undertaking (BLUT) executed| during the FinancialYear. The duty forgone on Goods/ | Rs. 1.52 Services imported or procured during the Financial Year (should include the GST foregone on DTA aban ured [ae ee. ot hee | | endRemainingof the FinancialValue of BLUTYear | as(ii) at+ [iii)-the | Rs 77.39 es

|({G)<br>(H)<br>(a)|| Details<br>of<br>pending<br>Foreign As per APR 2021-22, 5 cases amounting<br>| Remittance<br>beyond<br>Permissibleto Re 0.20 Cr were pending, cut of<br>period, ifany<br>which Rs. 6.6 Cr were received after<br>To<br>crogs-check<br>the<br>same and submission of APR and in respect of<br>verify<br>whether<br>necessary Fs.0.14 Cr, Unit in their clarification<br>permissio**n**<br>from AD Ba k / RBI dated24.02.2023<br>also informed that in<br>has been obtained.<br>‘respect<br>of 4 casesamounting<br>to Rs: 0.12<br>| Cr they have written to their AD Bank to<br>| write off and confirmation is expected<br>_fromthe<br>AD Bank. Remaining balance<br>-<br>| Rs. 0.1Cr to be receivable.<br>| Whether all softex has been filed for<br>| Not being applicable Jewellery Unit.<br>= the said period. If no, details thereof<br>8.0 to alsocheck whether unit has<br>obtained<br>Softex condonation<br>from_|| Details<br>of<br>pending<br>Foreign As per APR 2021-22, 5 cases amounting<br>| Remittance<br>beyond<br>Permissibleto Re 0.20 Cr were pending, cut of<br>period, ifany<br>which Rs. 6.6 Cr were received after<br>To<br>crogs-check<br>the<br>same and submission of APR and in respect of<br>verify<br>whether<br>necessary Fs.0.14 Cr, Unit in their clarification<br>permissio**n**<br>from AD Ba k / RBI dated24.02.2023<br>also informed that in<br>has been obtained.<br>‘respect<br>of 4 casesamounting<br>to Rs: 0.12<br>| Cr they have written to their AD Bank to<br>| write off and confirmation is expected<br>_fromthe<br>AD Bank. Remaining balance<br>-<br>| Rs. 0.1Cr to be receivable.<br>| Whether all softex has been filed for<br>| Not being applicable Jewellery Unit.<br>= the said period. If no, details thereof<br>8.0 to alsocheck whether unit has<br>obtained<br>Softex condonation<br>from_|
|---|---|---|
|||DC<br>office<br>/ RBI and<br>if approved,|
|||whether<br>they<br>have<br>filed<br>such|
|||pending Softex.|
|(co)|Whether<br>all<br>Softex<br>has<br>been Not being applicable Jewellery Unit.<br>certified, if so till which month has<br>|<br>the<br>same<br>been<br>certified.<br>If<br>mot,<br>provide details of the Softex and |<br>|Whether unit has filed any request Not being applicable Jewellery Unit.<br>forCancellation<br>of Saftex||
|it)<br>(J)|Whether any Services provided<br>in) No<br>DTA / SEZ/EOU/STPI<br>etc. against<br>payment<br>in INR in r/o IT/ITES Unit<br>during<br>the period.<br>if<br>yes,<br>details<br>thereof<br>(year wise<br>details to beprovided)00000)<br>|ie the unit sharing any of their No<br>infrastructures with other units or||
|||arc )8=sutilizing<br>infrastructure<br>of<br>|<br>another unit in the same of other)|
|||SEZ.|
|||If so, details thereof,<br>including the|
|||details<br>of the unit with whom the|<br>sharing<br>is<br>being<br>made,<br>and<br>the<br>payment terms.<br>If approval for sharing<br>of common<br>infrastructure<br>has<br>been<br>obtained|
|||fram UAC / DC office, the date of<br>UAC<br>pproval letter to be indicated<br>Whether<br>all<br>DSPF<br>for<br>services|No<br>procured during the saidmonitoring<br>period underconsideration<br>has been<br>filedbytheunitandwhetherthe|
|||same<br>has<br>been<br>processed<br>for<br>approval<br>by<br>theSOOffice.|

==> picture [451 x 383] intentionally omitted <==

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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|(L)|| Whether|unit|has|filed|all|DTA|YES|
|procurement|wset|the|foods|
|procured|by|them|during|the|
|period.|
|(M)|| Details|of|the|request|[Ds|pending|No|
|for|OOC|in|respect|of|DTA|
|procurement|on|the|date|of|
|submissionof|monitoring|report|
|(M)|||Has|the|unit|set|up|any|cafeteria/|| No|
|canteen|/|food|court|m|Uni|
|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|
|detailssuch|duty to|be|/giventax|includingbenefit|availed pour?|||
|of|duty|/|tax|recovered|of|yet|to|be|
|recovered:|=|=|
|(0)|||Whether|any|violation|of|any|of|the | No|
|provisions|of|law|has|been|noticed|/|
|observed|by|the|Specified|Officer|
|during|the|period|under monitoring|=|—E——————|

----- End of picture text -----

(P) Observations:

The unit has achieved export revenue of Rs. 4.42 Cr as against projected export of Ra, 42.47 ic. 10.41% for the period of 2020 to 2021. And achieved export af Rs,33.11 Cras against the projection of Rs.46.72 |e. 70.88% during 2021-22

» The unit has achieved positive NFE during the period 2020-21 & 2020-21 as well as the block period 2017-18 te 2021-22. * APRs for 2020-21 filed on 24.02.22 there is a delay of 54 days. APR for 2021-22 filed within the prescribedtime limit.

* No CRA or SCN Pending.

» There is a pendency of FE for Rs. 0.20 Cr, out of which Rs, 0.6 Cr received after submission of APR. The unit informed that they have requested the ADthe bankbank tois awaited.write offPresentRs. 0.12pendencyCr as unperceivableis Rs. 0.1 Cr.and confirmation from

» BLUT remainingbalance as at 31.03.2022is Rs. 77.39 Cr

» WAC may like to monitor the performanceof the Unit for the period 2020-21 & 2021-22 in terms of Rule 54 of SEZ Rules, 2006.

eee ee ee

A ea dele] PLURAL rag aE | ies | T TU MT | ! gi | HE : , tht tt pete Tt it FN GU {MN OMSEUNNECEDOT ye TT sl cn |ealTae TL me i]Taalelngin||

‘llidlii aiid sees TAIT Ase intitle Wein WRPAITTIITE Pe a) eeeIIL SE IE | ee ras ae

GOVT.OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI ae ee

AGENDA NOTE FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE

(A) PROPOSAL:

Monitoring of the performance of M/s, Fine-Line Circuits Ltd,, Unit No.145, SDF-V, SEEPZ-SEZ, Andheri(Ej, Mumbai — 400 096. SEEPZ- SEZ, Andheri (E), for the period 2020-21 & 2021-22 of block period 2018-19 to 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 2018-19 to 2022-23 block period in terms of Rule 54 of SEZ Rules, 2006

(C) The details of the approved export projections for 2020-21 & 2021-22 block period of5 years ic. FY 2018-19 te 2022-23, arc as detailed below:

(I) APPROVED Projections

POR value 10.13 10.94 1141 12.75 13.77 59.40 ofexport | | | = WE Oui | 6.51 | 7.03 | 7.59 | 5.19 | 8.85 [FE|362 | 3.91) | 4.22 | 456| 4.92_ =e) 299 (Il) Performancas compar e d to projections during the block period 2018-19 to 2022-23. (Re. in crore) | | Export [ Fen Fou )0U!UOUOCO™”C~S | | Year Raw Material | €.G. import Other Projected Actual | (Goods/Scrvices)_ —<— outflow Projected Actual Project Actual! Actual ed (2018-19 | 10,13 | 8.85 4.78 7.39 | 101 | 0.05 | 9.00 2019-20 | 10.94 699 | 5.16 5.64 109 | 022 | 603 2020-21 | 11-81 6.20 5.58 4.25 | 1.18 | 004 | 0.00 | 2021-22 | 12.75 10.26 | 6,02 7a9 | 1.278 | O28 | 6.035 | “Total | 45.68 32.32 21.54 | 28.19 | 4.56 | 0.60 | 0.06 —

{I1l) Cumulative NFE achieved during the block period 2018-19 to 2022-23.

(Rs. in crore}

==> picture [422 x 120] intentionally omitted <==

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||||||||||
|---|---|---|---|---|---|---|---|---|
|Year|Cumulative|Cumulative NFE|Cumulative % NFE|
|||2018-19|3.62|0.58.|l|16.11%.|
|2019-20|Ti.|1.74|23.15%|
|263|||SG|
||2om0-2)|||[L7S]|
|||2021-22|31|||27.96%|
|(rv)|Whether|the|Unit|achieved|Positive|NFE|:|Yes|

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==> picture [448 x 478] intentionally omitted <==

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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|(Dp)|Other Information:|
|LOA|No.|&|Date|||8/23) 88-EPZ|dated|19.05.1989 as|
|Validity|of LOA|01-04-2018|to|31-03-2023|
|Item(s) of manufacture/|Services|PCBS with Assembled Components,|Photo-|
|Plotted|Films,|Printed|Circuit|Boards,|
|i||Stencil|(Drilled|/Undirilled|
|ExecutionDateofcommencementof|BLUT|_|of production|01.05, 1992|a=|eet|ae|:|
|Outstanding|
|——|Nil|
|Labour|[Dues]|Rent dues|0000000|Nl|—|=|
|—— Agreement|a48|Pending or|aa}23,04.2010|toa|31.03.2014,||
|\4q|Adjudicaisan|41.04.2013|to 31.03.2018|
|‘ary|]|rch|
|ia7C|Pending|for|(09,00.2010|to|41.03.2012,|
|Adjudication ae ae to 31.03.2018|
|||__|(01.04.2018|to 31.03.2023|
|;|
|Pending|CRA|Objection,if any|——|No|ee|
|Pending Show|Cause|Notice/|Eviction|| No fax|per|record on|file}|
|Order/Recovery|Notice/|Recovery|
|Ordera)|iesued,Projected(famyemployment0for|the|As|perssAPR|of 2020-|As per|APR|of|2021.|
|block|period||)|21|= TF|22|78|
|b}|No.|of employees as on|
|Area|allotted|[in|sq.ft.)|18104_37|Sq.|Ft.|18087.56|5q.|Ft.|
|————|msEe|—|[231.69]|[Ft]|[per]|
|Area|available|for|each|employee|per|196.9°|54.|Ft|per|[|]|
|ft.|basis|(area|/|no.|of|employees)|employee|employee _|
|Investment|till|Building|0.00|Crore|0.11|Crore|
|date|"Plant & Machinery|0.17|Crore|9.60 Crore|
|TOTAL|=—=—~O””~CSAT Crore|[=]|9.71 Crove|

----- End of picture text -----

==> picture [448 x 475] intentionally omitted <==

----- Start of picture text ----- Per Sq.ft. Export during the FY “G34 lakhs per Sq | 0.056 lakdis per Sq. | FL. | Ft. Quantity and value of goods exported Nil Nil under Rule 34 nutilized goods) Value| Addition during the monitoring Not Applicabic || Kot Applicable No | ¥es Whether all the APRs being considered now has been filed well within the time (The APR forthe [FY] | (The APR for the FY limit, or otherwise. | 2020-2 1has not | 2021-22 has been been filed within | filed within if no, details of the Year along with no of | time submittedon | stipulated time days delayed to be given. | 11.03.2022 & the period.) | delay is of 162 days) | ({E) Reconciliation of Export & Import data. (a) EXPORT Year/Peri Figures Figures as Difference Reason for Year , + | | n= ad reported in per Trade if any Difference /Remark APR (FOR Data Valuc}) i Sales return of Rs. 11,39 lakhs, compensation to | customers on Export Ra. atid | — one 0.35 | SinerenceRe. exchange loss as per | accounting standards16.) igiof Rs. _ 0.16 taka, = Sales return of Rs, 1.22 Lakhs, Freight difference Loss, As per Accounting 2021-22 | 10.26 10.66 0.4 Rs, 7.4) Lakhs, Exchange =— ie | | StandardsRs, 20.35 Lathe ----- End of picture text -----

==> picture [442 x 195] intentionally omitted <==

----- Start of picture text ----- {b) IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In crore) Year/Peri Figures Figures od | as per Trade Dataas per Differenceany if | Reasons for difference 2020-21 4.29 4.34 6.038 \ Free samples of Rs. 4,12 | lakhs, High seas purchase of | Rs. 1.88 lakhe sales return of | lossRs. 0.33oas lakhs= =oper and= aecountingexchange | | standards Rs, 2-95 lakhs. ----- End of picture text -----

2021-22

==> picture [201 x 93] intentionally omitted <==

----- Start of picture text ----- | B.1T 724 0.43 | | ----- End of picture text -----

EETransfer Rs.30.38received lakhs,fromExchangeother inns Pe) BOCoUNting standard Rs_20.35 lakhs. Free samples, re-import & rework of Rs.9,50lakhs = 8.23lakhs. and high

(F) Bond cum Legal Undertaking (BLUT)

==> picture [459 x 521] intentionally omitted <==

----- Start of picture text -----

||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|jin|crore}|
|T_||total|Bond-Cum|Legal|Undertaking|| 5.81/'-|5.61|[/-]|
|entity|at|the|start|of|the|Financial|
|Year,|
|Valueof|Additional|Bond-cum-Legal)|-|3.10|
|Undertaking|(BLUT)|= executed|
|during|the|al|Year.|a|
|The|duty|forgone|on|Goods/|0.98/-|L74/-|
|Services|imported|or|procured|
|during|[the]|[Financial]|[Year]|[(should]|||
|include|the|GST|foregone|on|DTA|
|procured|goodse/services)00008|||
|v|Remaining|Value|of|BLUT|as|at|the|||1.51/-|2.87|[/-]|
|=|ivy).end|of|the|Financial|Year||[ii)|*|[iii)-|||ee|a|
|(GQ)|| Details|of|pending|Foreign|Sil|As|per|APR|Wil,|As|per|APR|
|Remittance|beyond|Permissible|2020-21|2021-22|
|period,if|any|
|To|cross-check|the|same|and|
|werify|whether|necessary|
|permission|from|AD|Bank|/|RBI|
|(H)|||Whether|all|softex|has|been|filed|for|NA|NA|
|(a)|| the|said|period.|If|no.|details|thereof|
|SO|to|also|check|whether|unit|has|
|obtained|Softex|condonation|from||
|DC|offee|/|RBI|and|if|approved,|
|whether|they|have|filed|such|
|||
|(>)|||Whether|all|Softex|has|been|WA|NA|
|certified,|if|so|till|which|month|has|
|provide|details|of|the|Softex|and|
|reasons|for|a|
|‘(e)|||Whether|unit|has|filed|any|request|NA|a|
|for Cancellation|of Softex|

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||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|DTA|/|SEZ/EOU/STPI|cic.|agains!|
|payment|in|INR|in|r/o|IT/ITES Oak|
|duringthe|period.|
|if|yes,|details|thereof|{year|wise|[|]|
|||details|to|be|provided|||
|to|ADC|Pertains|to|ADC|
|(J)|| Is|the|unit|sharing|any|of|their|Perains|
|are|30s|Wtilizing|«=o infrastructure|of|||
|another|unit|in|the|same|or|other|
|SEZ.|
|if|so,|details|thereof,|includingthe|
|detailsof|the|unit|with|whom|the|||
|sharing|is|being|made,|and|the|
|pPayInerit|terms|
|If|approval|for|sharing|of|common|
|infrostructure|has|been|obtained|
|from|UAC|/|DC|office,|the|date|of|
|AC /|Approval|letterto|be indicated|
|(K)|| Whether|all|DSPF|for|services|Yes|
|procured|during|the said sige|
|periodfiled|byunderthe|considerationunit|and|whetherhas|beenthe|
|same|has|been|processed|for|
|(L)|| Whether|unit|has|filed|all|DTA|Yes|Yes|
|procurement|wart,|the|goods|
|procured|by|them|during|the|
|monitoring|period|for|the|relevant|
|____||If|no,|_____|_details|thereof|
|(M)|| Detailsfor|OOCof|thein requr|es|pectt|IDs|ofpendingDTA|NIL|
|procurement|on|the|date|of|
|submissionof|monitoring|report|||
|(¥}|Has|the|unit|set|up|any|cafeteria|/|No|No|
|canteen|/|food|court|in|unit|
|premises.|
|If|yes,|whether permissionfrom|VAC|
|/|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?|
|||sar seuaaralewactaienldl|
|‘such|duty|/|tax|benefit|availed?|
|details|to|be|given|including|amount|
|of|duty|/|tax|recovered|or|yet|to|be|||
|a|
|{o)|Whether|any|violation|of|any|of|the|||No|Vc|
|||cecetiacinn|oF iner|haew|been|noticed|/|
|observed|by|the|Specified|Officer|
|fee the|period under|monitoring|

----- End of picture text -----

[P) Observations:

» FY 2020-21 - The unit has achieved export revenue of Rs.6.20crore as against projected export of Rs. 1 L.Blerore ie. 52.56 5 FY 2021-22 - The unit has achieved export revenuc of Rs.10.26crere aa against projected export of Rs, 12.7 Scrare Le. 60.54 %.
¥ The unit has achieved positive NFE for the years 2020-21 & 2021-22 for the block period 2018-19 to 2022-23.
® The APR for the FY 2020-21 has not been filed within stipulated time and was submittedon 11.03.2022after a delay is[of][162][days.][APR][for][FY][ 2021-] 33 has been filed within the stipulated time period.
% The balance amount in BLUT for FY. 2020-2land 2021- 22 is positive.
¥ No CRA objections / NO SCN is pending for the FY 2020-21 & 2021-22.
» UAC may like to monitor the performance of the Unitfor the period 2020-21 & 2021-22 in terms of Rule 54 of SEZ Rules, 2006.

PETC

ti wis ie a ae au oid 1 i Ss me

WE Es Viddadddddade PFET FRPFLIE y WEFETPPPI ILE TA indo WEEP FUE) eM WEFETTLL ILE PETIT a ae ARTEL PREFddd Chdddddddddd le * Paue

GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE,

ANDHERI (EAST), MUMBA!

Seeee

AGENDA NOTE FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE

A) PROPOSAL:

Monitoring of the performance of M/s. Indus Valley Partners (India) Pvt. Lad. unit located in Unit 143 & 144, SDF V, 2“ Floor, SEEPZ- SEZ, Andheri (EF), for the period 2021-22 of block period 2018-19 to 2022-23.

Specific Issuc on which decision of UAC ts required t Monitoring of the performance of the unit for FY 2021-22 of block period 2018-19 to 2022-23 in termsof Rule $4 of SEZ Rules, 2006

C) ‘The details of the approved export projections for 2021-22 block period of 5 years Le, FY 2008-19 to 2022-23, are os detailed bebow ;-

APPROVED Projections

FOR value 24.41 24.53 24.67 Maa |0CO28.01 123.45 of export Eo. | 14.00 | 14.07 | 018 __ 14.25 FO.Ag FE (ul 190 LNFE a7 | woss | 1050 |ide7 |[10.75] | Ise

(1) Performance as compared to projections during the block period 2018-19 te 202223, (Rs. In Crore)

(Rs. In Crore)

[Year ke CR OUTS _| | Projected| Actual ected| Actual | Actual __ 2018-19 zat | 4057 | |e a ee 1.87 2019-20 2453 | 49.14 0.00 ooo 4 ooo || 722 | 2020-21 24.67 15.58 0.00 0.00 | 0.00 | 1082 2021-22 24.83 | EP —O.00 0D i 0.00) 7.60 Total oH. 44 109 Lt 4 0,10 37.51

(111) Cumulative NFE achieved duringthe block period

the block period 2018-19 to 2022-23.

==> picture [442 x 631] intentionally omitted <==

----- Start of picture text ----- (Rs. In Crore) | Year Cumulative Cumulative NFE Cumulative % NFE 10.47 29.46 28 1.34% | 2019-20 21.00 F117 | 338.88% 2020-21 31.59 95.73 302.99% 2021-22 42.26 | 125.74 | 297.49% (IV) Whetherthe Unit achieved Positive NFE : Ves (>) Other Information: LOA No. & Date | SEEPZ-SE// [dated][03.10.2006] NUS APLAGS/20/2003-06/ 1703 Validityof LOA 18.08.2018 to 17.08.2023 Item(s)of manufacture! Services "iT & IT Enabled Services, Magnetic For Electronics Products & Sub Assemblies, USB Drives. Date of commencement of production 18.08 2008 Executionof BLUT Ve Outstanding Rentdues Rs.26,204/-as on date 25.10.2025 Validity of Lease Agreement [Unit‘Tintiss No,= No) |Sub-Lemse| Pending18.08.2023= forStatoto 17.08.2028— Adjuitication a. ¥ | ‘Let\o Pending for Adjudication is | 108.2022 te 17 08.2028 apy. ¥ |ee es Pending CRA [Objection,] Pending Show Cause famyNotice’ 00Eviction | So (as per NO available record on file) Order/Reeovery Notice! Recowery Onder isswed, if any = No. of employees as on 31,03,2022 Total Nox. of employees as per APR of 2021 - 22 Total - 110 “Area allotted (im sqft.) ui [3088 Sg Area available for each emphovee per 37.1. | 118.98 Sq. fi per employee Investment «till, Building 1,00 Crore date Plant & Machinery | 7.12 Crove TOTAL 8.12 Crore “Per Sq.ft. Export during the FY | 0.2888 lakhs Ft. Rule 34 unuwtilized | Quantityand value ofgoods exported under Nil ----- End of picture text -----

| ‘Value Addition during the monitoring peniod Sot Applicable Whether all the APRs being considered now Wes has been filed well within the time limit, or | otherwise. (The APR has been filed well within the stipulated time period If no, details of the Year along withno of | days delayed to be given.

(E) Reconciliation of Export & Import data.

==> picture [439 x 139] intentionally omitted <==

----- Start of picture text ----- fa) EXPORT (Rs. in crore) “YeariPeriod| Figures | Figures reported [in] Softex asData per econif any ReasonDifference/Remark for APR (FOR 378° RDS) | March APR sales appearing in 021-22 Value) | rate iternce —___erchange | April NSDL ‘a and ----- End of picture text -----

ib) IMPORT (Capital Goods including procurement done on IUT (from SEZ) basis. fe) (Rs. In crore ) crore ) )

==> picture [418 x 70] intentionally omitted <==

----- Start of picture text ----- fe) (Rs. In crore ) crore ) ) YeariPeri) Figures | Figuresasper | Differenceif | ‘Reasons for difference wal as per Softes! Trade any | ----- End of picture text -----

(F) Bood cum Legal Undertaking (BLUT) ills OO In crore i Total Bond-Cum Legal Undertaking _ 1 $7! Remaining Value of BLUT given by 0.94/. entity at the start of the Financial Year. iii Value of Additional Bond-cum-Legal = Undertaking (BLUT) execoted during» the Financial Year. | iv The duty forgone on Goods! Services[|] o.4)imported or procured during the Financial Year (should include the GST foregone oon DTA procured Services. Remaining Value of BLUT as at the end 051/of the Financial Year | (ii)+ (iii (iv)}.

|(G) |Details|Details<br>ofpending ForeignR**e**mittance<br>beyond Permissibl<br>period, if amy|Nil,AsperAPR|2021-2:|
|---|---|---|---|
|(Hi)<br>(a) ||To cross-check the same und werify<br>whether necessary permission from<br>|<br>ADBank/RBUhas<br>been obtained.<br>Whetherall soften has been filed for the |<br> said period. If no, details thereof|Ves||
||$0 w<br>also<br>check<br>whether<br>unit<br>fess|<br>obtained Softex condonation from DC<br>office<br>/ RBI and if approved, whether||||
||Whether all Softex has been certified, if<br>ko Hill which month has the same been<br>certified. If not, provide details of the|Ves||
|iy|hether unit has filed any request for)<br>Cancellation of Softes<br>7<br>nor<br>any<br>Services provided<br>in<br>DTASEZEOUSTPI<br>ct.<br>against|No<br>No||
|payment in INR in eo IT/ITES Unit<br>during<br>the period.<br>If yes, details thereof (year wise details<br>pobeprowided)<br>(J)<br>| is<br>the<br>unit<br>sharing<br>any<br>of their|<br>infrastructures with other units or are<br>utilizing infrastructure ofanotherunit in<br>thesame orother SEZ.<br>Ifso, details thereof,including<br>t**h**edetails<br>of the unit with whom the s aring&<br>being made.and the payment terms||No||
||If approval<br>for<br>sharing<br>of common<br>infrastructurehasbeenoltainedfrom|||
|(K) <br>(L)|UAC / DC office, the dave of UAC<br>/<br>Approwal<br>letter to be indicated<br> |Whether all DSPF forservices procured<br>|<br>ee cnt beneWy<br>consideration<br>has been filedby the unit<br>and<br>whetherthesame has been processed<br>|<br>for approval<br>by the SOOffice,<br> |Whether<br>unit<br>has<br>filed<br>all DTA,<br>procurement<br>writ.the goods procured by<br>them during the monitoring<br>period for<br>the relevant period.<br>endeoane|Linder process.<br>Yes<br>|||

Details of the requestIDs pending for No OOC in respect of DTA procurementon | the date of submission of monitoring| im) Has the Unit set up any caltecria | cameen | oO / food court in unit premises. DCIf yes,officewhetherhas been permissionissued, fo r omotherwiseLAC / office has been tssued, or otherwise Whetherunit has availed any duty free— goods / services for setting up axh facility? dutyIf yes,/ taxwhetherbenefitunitavailed?has dischargeddemils tosuchbe | given including amount of duty / tax| (0) | recoveredWhether anyoryettobeviolationrecoveredof any 0°of the0 || No provisions of iaw has been noticed / | observedby the Specified Officer during|

(P) Obvervatioms:

» The unit has achieved export revenue of Rs 37.80Crore as against projected export of Rs. 24. 83crore i.e. 152.24 % for the FY 2021-22.
The unit has achieved positive NFE for the year 2021-22 & also for the block period 2018-19to 2022-23.

» The APR has been filed within the stipulated time period.

® The balance amount in LUT at the end of 2021-22 is positive.

NO CRA objection’Show Cause Notice pending

® No pending forcign exchange realisation as of date.

» UAC may like to monitor the performance of the Unit for the period 2021-22 in terms of Rule 54 of SEZ Rules, 2006.

ie : ihn letMoor[Mint] WT fe

2 & CUPPPETz EFI IIR 3 TmERPET ETT amePPET FELL a BEFPLPPLIL i ARP PPETUT TILE aeFP PLLA ePTFE "TLE pUPPPEL PPLE Flddadddddaados 215 fe |e [a —-2 |g sRERRRERRREP

GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI! (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF THE UNIT APPROVAL COMMITTEE

A. PROPOSAL:

==> picture [2 x 10] intentionally omitted <==

----- Start of picture text ----- ; ----- End of picture text -----

Monitoring of the performance of M/s. Thirdware Global Services (A Division of Thirdware Solution Ltd.) unit located in AC Unit No. 007-018, Multistoried Bidg., SEEPZ++, SEEP2- SE2, Andheri (E), for the perio! 202223 of block period 2020-21 to 2024-25.

B. Specific Issue on which decisionof UAC is required:

Monitoring of the performance of the unit for FY 2022-23 of 2020-21 to 2024-28 block period in terms of Rule 54 of SEZ Rules, 2006.

C, | The details of the approved export projections for 2022-23 block period of 5 years Le. FY 2020-21 3 to 2024-25, are as detailed below:

APPROVED Projections

fRs, in érore)

||1=|
|---|---|
||Year<br>77.00|33.00|<br>37.00 |42.00[46.00 | 185.00,|
|NPE<br>—SSSS—«Sd<br>8S 8]19.17 |21.97 | 4.95]27.08| 107.62||
|(ll) Performance<br>as compared to|projections during the block period 2020-21|
|to2024-25.||

(Rs. In crore]

tonesayecrrices‘Ge Services outflow Projected | OP | eto go30-a1|'3022-23|2700 | 1925 |0.000 0 | 00 . 0 | 0 .33 0 | 0.00 | 21 . 4509 | __ Total | 39 7 ,. 0 00 | 4210 . 1802 | 0.00000 | 0.00ooo | 1.05O45 | 0.G. 00 | 30 . 9945 _

(III) Cumulative NFE achieved duringthe block period 2020-21 to 2024-25.

||iS, In crore||
|---|---|---|
|Shetious<br>NPs | <br>Projections<br>NFE|achieved.<br>Achieved||
|eTa<br>a<br>eT<br>Se:<r<br>poaz-a3 | seme iareosCdTSSCSC|||
|('¥) Whether the Unit achieved PositiveNFE<br>: Yes|||
|(D)<br>Other Information:|||
|No. & Date<br>7<br>-|SEEPZ-SEZ/1A-1/NUS/APL/SW-03/2007-|||
|jalidity ofLOA<br>12.05.2020 ta 11.05.2025<br>s) ofmanufacture/ Services<br>SoftwareDevelopment<br>andServices_<br>te ofcommencementofproduction<br>12.05.20 1()||||
|tstanding<br>Rent dues<br>labourDues = =<br>ofLeaseAgreement.<br>si|Rs, 5000/- as on date 25.10.2023<br>~<br>|Nil<br>ee<br>eea<br>Unit No. 007/008 |Sub-leasc<br>Multistored<br>agreement! is<br>Building, SEEPL-<br>| registeredwie,<br>SEZ<br>04.06.2008 for 95||
||a||

Pending CRA Objection, ifany No Pending Show Cause Notice/ EvictionNo (a per available rec o nrdfile) Order/Recovery Notice! Recowery Order dasued, if any | ee es * — |” a. Projectedemployment for the Employment: Men-16 & Women- 04 hock period As per APR of 2022-2320 b. No. of employees as on 31.03.2022

Area available for each employee per 409.25 Sq. Ft per employee aq.ft. basis |area / no. of employees) | peel Wuilding = 8.21Crore | te ran &Machinery 5.20Crore PerQuantitySq.ft.andExportvalueduringthe of(POTAL goods exportedFYRsunder[16,200/-] 13.41No Crore:per Sq.PL| Rule 34

alue Addition during the monitoring | Not Applicable Pea all the APRs being considered now Yea thas been filed well within the time limit, or (The APR has been filed well within the if ne, details of the Year along with no of days delayed to be given

(E) Reconciliation ofExport & Import data.

i. EXPORT

(Rs. in crore)

Year/Period Figures (Figuresas per| Difference Reason for reported in | Softex Data if any Difference APR (FOB / Remark Value) Difference in Export is due to revenue accrued in FY 202122 which was billed in April 2022 & exchange rate difference,

b. IMPORT [Capital Goods including procurement done on IUT {from SEZ) basis

==> picture [451 x 273] intentionally omitted <==

----- Start of picture text ----- {Ma. in crore) /PerlodYear FiguresSoftex/ Tradeas per | Differenceany if, Reasonsfor difference Data es (F) Bond cum Legal Undertaking (BLUT) (Ra. in crores) ffd___ffotal(Remaini Bo n gd-CumValue Legalof BL U ndertakingT given by entity at the| Rs. 45 .6 76 / -- = start of the FinancialYear. ahue of Additional Bond-cum- Legal) - Undertaking (BLUT) executed during the nancial Year. | a teres The duty forgone on Goods/ Services apoaees Rs.0.34/- procured during the Financial Year (should nelude the GST foregone on DTA procured L eervicesp v ining Walue of BLUT as at the end of the Rs.4.32/- inancial Year * (iti) - fiv)]. ----- End of picture text -----

==> picture [428 x 651] intentionally omitted <==

----- Start of picture text -----

||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|a|Details|of|pending|Fortign|Remittance|beyond|Wil. As|per|APR|2022-23|
|Pers|oie|period,|if|arty.|
|Whether|all|softex|has|been|filed|for|the|said)|Yes|
|period,|If|no,|details|thereof.|
|SO|to|also|check|whether|unit|has|obtained|
|approved,|whether|they|have|filed|such|
|Whether|all|Softer|has|been|certified.|if|ao|till|Yes|
|ich|month|has|the|same|been|certified.|If|
|lie|a|Cenc|y,|
|ele)|-ancellationBe|eel|No|||
|(t)|(?|0C|anyof Softex§8=—s«sSServices|=|provided)a=s in|No|
|D|A/SEZ/EOU/STPI|etc.|against|payment|in|||
|INR|in|c/o|IT/ITES|Unit|during|the|period.|
|If|yes,|detaila|thereof|(year|wise|details|to|be|
|||[a|the|unit|sharing|any|of|their|infrastructures,|NA|
|th|other|unite|or|are|utilizing|infrastructure|
|of|another|wnit|in|the|same|or|other|SEZ.|
|thef|eo,unitdetailswith|thereof,whom|theinchidingsharing|isthebeingdetailsmade,of|
|id|the|payment|terms|
|approval|for|sharing|of|common|
|infrastructure|has|been|obtained|from|UAC|/|
|DC|office,|the|date|af|UAC|/|Approval|letter|ta|
|ibe|indicated|
|K)|(Whether|all|DSPP|for|services|procured|during|Yea|
|paissaidbeenmonitoringfiled|by|theperiodunitunderand consideration.whether|the|
|me|has|been|processed|for|approval|by|the|
|SO|Office.|_|a”|{ik|
|I|ther|unit|has|filed|all|DTA|procurement|Yes|(under|Process)|
|wit.|the|goods|procured|by|them|during|the|
|i|
|(MM)|=|DetailsIf no,|detailsof|thethereofrequest|IDs|pending|for|OOC7|in|NA|
|t|of|DTA|procurement|on|the|date|of|
|Has|the|unit|set|up|any|cafeteria|/|canteen|/|No|
|Hf|yea,courtwhether in|unit premipermi|s|siones.|from|UAC|/|DC|
|has|been|issued,|or|otherwise|office|has|
|issued,|of otherwise|

----- End of picture text -----

==> picture [335 x 124] intentionally omitted <==

----- Start of picture text ----- hether unit has avaiied any duty free goods / prvices for setting up such facility? yes, whether unit has discharged such du / tax benefit availed? details to be giver including amount of duty / tax recovered or ye to be recovered hether any violation of any of the provisions No of law has been noticed / observed by the Specified Officer during the period under ----- End of picture text -----

FP, Observations:-

» The unit has achieved export revenue of Rs, 10.02 crore as against projected export of Rs, 37.00 crore Le. 27.08 % for the FY 2022-23.
® The unit has achieved positive NFE for the year 2022-23.
®» The APR has been filed within the stipulated time period.

» ‘The balance amount in BLUT at the end of 2022-23 is positive,

» No CRA objection/Show Cause Notice pending.

No pending foreign exchange realisation as of date

The unit had applied for change of entrepreneurship and tranafer of agnets and liabilities form M/s Thirdware Global Services into M/s Diatrends| Jewellery Pvt. Led. which was put up beforeUAC meetingon 28.04.2023. WAC committee has approved the proposal for transfer to M/s Diatrends JewelleryPvt. Ltd. Further, the unit hasof assetapplied andfor liabilities debonding vide letter dated 14.09.2023. UAC may like to monitor the performance of the Unit for the period 2022-23 in terms of Rule 54 of SEZ Rules, 2006.

==> picture [218 x 35] intentionally omitted <==

----- Start of picture text ----- eee | ----- End of picture text -----

==> picture [1 x 9] intentionally omitted <==

----- Start of picture text ----- | ----- End of picture text -----

+8 fui iHWi dee fis tae my

& UPAR ITTe yaPeeFIIIT ae dddveballls aa APPR ELL Ae TPP eee IE WLLL aaa | APPLLLL LLP THIF ba PerPLE AERP a z z[|][REeTEERARGE] re

Deed

OFFICE OF THE ZONALGOVT.DEVELOPMENTOF INDIA, COMMISSIONER, SEEPZANDHERISPECIAL(EAST), ECONOMICMUMBAIZONE,

AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

—E——————

A. PROPOSAL: Monitoring of the performance of M/s Imperial Jewels, Unit No. 72, SDF-IIl, SPEPZ-SEZ, Andheri (Ej, Mumbai 400096, for the period 2020-21 and 202 1- 99 of block period 2018-19 to 2022-23.

of UAC is required: 6 Specific Issue on which decision Monitoring of the performance of the unit for FY 2020-21 and 2021-22 of 3" and 4 block period in terms of Rule 54 af SEZ Rules, 2006 C The details of the approved export projections for 2020-271 and 2021 2 block period of5 years ic. FY 2018-19 to 7022-23 , are as detailed below:

(1) APPROVED Projections

(Es. in Cr)

==> picture [448 x 25] intentionally omitted <==

----- Start of picture text ----- ET 60s | 636 | 674 | 7.14 J 781 | 5381 ----- End of picture text -----

(Il) Performance as compared to projections during the block period 2018-19 to 2022-23. Ra. In Cr ~ oe RawSe a“t f 2018-19 Projected [Actual Projected factual factual Sore —s=55 | 4aa4 | 2a70_| 2282 | G10 [0.02 | 0.00 | Som 2oai t as5936.75]| 1 2044 . 0739 | 3 0.14164 | 9463 . 2615 |[0.100.10 [0.06| 0.00 | |1 0.00 erat asa | isto | aa22 | 145.87 | 005 | 02 [0.00 eal |[ Tsoas | +5875 | i2a70 | sas.10 | oss] 020 | 1000 |

(Ill) Cumulative NFE achieved during the block period 2018-19 to 2022-23

Rs. in Ci Year | mitlative NFE Achieved Cumulative % NFE Achieved es 2 ka es Se i. a

(I¥) Whether the Unit achieved Positive NFE for the FY Year 2020-21 & 2021a2 : You

{D) Other Information: 12/ 18675 Dated 29.10.2016 i oe iTtem(s) aof manufacture/ Services BrassaJewelryaStudded with Diamond, P5| “& SP Stones, CZ and Combination ereof, Gold Jewelry Studded wit Tkamonds, Rough Diamonds,PS & SP Stoncs, CZ and Combination thereof 3,4,5,6,7,8 KT and Above, Makingof Gold Findings of 3,4,5,6,7,8 ET and Above, Making of Gold, Silver & Platinu ‘hains as per mee from chain rolls, Palladium Jewelry Studded with Diamonds, Rough Diamonds, PS & SP tones, CZ and Combination | thereof, Plain & Studded Brass Jewelry with digital tag & Combination thereof, Plai & Studded Gold Jewelry with digital tag & Combination thereaf, Plain & Studded Palladium Jewelry with digital) ug 6 ombination thereof, Plain & Studded Platinum Jewelry with digital tag 6 ombination thereof, Plain & Studded tanium Jewelry with digital tag 64 combination thereof, Plain Studded Gold, Silver, Platinum, Palladium, Titanium 6 ross Jewelry for Repair & Retu manufactured by Third & Other party. Flatinim Jewelry Studded wi Dumonds, rough Diamonds, PS & SF Stones, CZ and Combination thereof, Studded Gold, Silver Jewelry, Titaniu Studded with Diamonds, Roug fiamonwds & SP Stones, CZ c omibination thereof —aePatetsta n dingt Renteaatd du e se LEA.1,42,535.85/- Aeas on 25.10.2023EID

dity of Lease Agreement Sub-Lease Agreement is registered for the neriod 26.12.2016 to 23.10.2024 eerPending Show Cause Notice/ Evictic|[ame] No Srder/Recovery Notice/ Recovery Order {As per file) a bieck period (2020-21To and 2021-22 5.ft. basis (area / no. ofemployees) employee Fi /employee | available for cach employee per, 83.34 Sq. Fi./ 67.93 Sq. om | io and fh. Rule 34 Juantity and value of goods exported under NA ey er e uriuatiliaed goods) ee ale No, Na, APR for the FY PR for the | 2020-21 filedon (2021-22 filed on 10.02.2022,as per 05.12.2022. The the direction given junit has delayed 1 Whether all the APRs being considerednow | by the U/stothe jeubmission of APR as been filed well withinthe time limit,or |GOI dt. 29.06.2021 fby 66 days. otherwise. for extension in the last dateof filing if no, details of the Year along with no of APR is 31.12.2021 days delayedto be giver. for Sez unit. The unit has delayedin submission of APE by 41 days i/r of above extension.

(E) Reconciliation of Export & Import data.

|a.|EXPORT|||||
|---|---|---|---|---|---|
||||||Re.in<br>©|
|Year/Period<br>its||Figures<br>reported in|<br>rae Difference<br>APR (FOB ae<br>ifany<br>Value)|||Reason for<br>Difference Remark|
|||144.39||of|InNSDLvalue,theamount<br>re- export<br>are<br>considerce|
|||||and<br>thesamehasnot<br>beer||
|||||aken<br>by theunit<br>in APR,||
||||||in NSDL value, the jie|
|Idbaa|baa|||s|hich<br>are<br>returm,<br>samp<br>urn and export of 2020-21<br> reflected<br>in the year 201-22|
||||||ss<br>been<br>mot tach<br>in<br>the|
||||||PRby the unit,|
|b|IMPORT (RM &Capital<br>Goods & UT) including procurement doneon [UT<br>{from SEZ,EOU, STPI, EHTP)bens|||||
||||||(Re. In Cr}|
|2020-21||per APR|ee:<br>29.38|pial|n NSDL,thevalueofthe<br>portedRM consisted af<br>Return consignments RM-<br>FOC,<br>Packing material-<br>FOC<br>& the same valueh<br>not taken<br>by the unit Le<br>0.24 crores. Further, the|
||||||2M<br>deemed procured has<br>been<br>considered<br>by the<br>nit in the impart value4&<br>e same is not reflected|
||||||n the APR Import value of|
|202 1-22||145.67& | <br>0.12 &0.23|11008 aO124%<br>0.24||he wnat.<br>n NSDL, the valuc of the<br>mported RM consisted<br>of<br>eahibition<br>Return,<br>sales|
||||||tum,<br>sample<br>retum<br>&<br>capital godds the same ¥<br>has<br>not taken by the unit Le<br>71<br>crores<br>in|<br>the<br>APR|
||||||of capital<br>goods<br>Le<br>O.12<br>rores<br>is shown)<br>in<br>capita<br>Lh be<br>heading. Purther, th<br>deemed<br>procured<br>has<br>seen<br>considered by the uni<br>We 35,78crores<br>in the Import<br>aluc<br>&c<br>the<br>sume<br>is<br>no|
||||||ected<br>in the APR<br>import|
||||||glue<br>ofthewnit.|

==> picture [462 x 718] intentionally omitted <==

----- Start of picture text -----

||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|[F)|Bond|cum|Legal|Undertaking(BLUT)|
|> —“Trol|Dons|Gum|legal Underwking|||67|
|Remaining|Value|of|BLUT|given|b|107.32|
|So|
|itt|aloe|of|Additional|Bonmd-cum-Lege|
|ndertaking|(BLUT)|executed|during|
|the FinancialYear.|
|ih|-|duty|forgoneon|Goods/|Serve|4.39|
|imported|or|procured|during|the|
|Financial|Year|[should|include|th|
|78T|foregone|of|DTA|procured|
|i|rs|
|Gi|Exemptiones|availed|on services||4.95|
|—henieen|____|______|oe|
|Remaining|Value|of|BLUT|as|al|th|
|end|of|the|Financial|Year|||(jj|*|(ii)-|
|vil}.|
|[Tiel|Bond-Cum|legal|Undertaking [4.67|
|intity|at|the|star|of|the|Financia|
|oar.|
|ec|
|‘alue|of|Additional|Bord-cum-Leg|
|ndertaking|(BLUT)|executed|during|
|the|Financial|Year.|
|it|duty|forgone|on|Goods/|>|
|imported|or|procured|during|¢|
|Fi|jal|Year|(should|inchide|
|GST|foregone|on|DTA|procured|
|i|[caieiecaneetaee]|ods—~/services|
|el|
|ME|es|El|
|i|temaining|Value|of|BLUT|as|at|the|
|Sareeae|
|i)|[Details|of|pending|Foreign|Remittance|beyond|Permissible|
|from|AD|Bank|/|RBI has|been|obtained.|Ea|
|[E|;|all|softex|has|been|filed|for|the|said|period|If|no|
|details|thereof.|
|SQ|to|also|check|whether|unit has|obtained|Softex|condonatio|
|fromsuch|pendingOC|office/RBISoftex.|and|if|approved,whether they|have|filed|

----- End of picture text -----

==> picture [425 x 607] intentionally omitted <==

----- Start of picture text ----- he same been certified. lf not, provide details of the Softex and 1 asons for POTIOR TL.+ - ciher any Services provided in DTA / BEZ/EOU/STPI etc NA TSE: st payment in INR in r/o IT/ITES Unit during the period. { yes, details thereof {year wise details to be provided] ! | le the unit sharing any of their infrastructures with other units : are utilizing infrastructure of another unit in the same o other SEZ, so, details thereof, including the detailsof the unit with whory e sharingis being made, and the payment terms if approval for sharing of common infrastructure has bee sbtained from UAC / DC office, the date of UAC / Approv h le t er to be indicated | Whether all DSPF for services procured during the said monitoring period under consideration has been filed by : | ‘« and whether the same has been processed for approval b NA he $0 Office. " ] Unit has filed all DTA procurement w.r.t. the good Yes pra red by them during the monitoring period for the relevant pericnel, if ne, details thereof Peiailsof the request [Ds pending for OOC m respectof DT: nroclinementan the date of submission of monitoring report las the unit sct up any cafeteria / canteen / food court im unit | yes, whether permission from UAC / DC office has bie ed, of otherwise office has been issued, or otherwine Whether unit has availed any duty free goods / services fo tting up such facility? NA if yea, whether unit has discharged such duty / ‘4x benef availed? details to be given including amount of duty [/] recovercd cther OF t to be recovered oti any violation of any of the provisions of law has 6 inder 4 monitoring/ observed by the Specified Officer during the period NA ----- End of picture text -----

Observations:

© The unit has achieved export revenue of Fs. 144.39 Crores as against projected export of Rs. 38.59 i.e. 374.19% during for the year 2020-21.
. The unit has achieved export revenue of Fs. 151.10 Crores as againat projected exportof Rs. 40,52 i.e. 372.90% during for the year 2021-22.
. The unit has achieved positive NFE during FY 2020-21 & 2021-22, « Unit has achieved value additions of 21.66% ($) duty the FY 2020-21. « Unit has achieved value additions of 20.19% ($) duty the FY 2021-22, . Unit has failed to file APR for the period 2020-21 within the stipulated time period. The unit has delayed in submission of APR by 41 days i/r of the above extension.
. APR for the FY 2021-22 filed on 05.12.2022. The unit has delayed in submission of APR by 66 days.
. SCN may be proposed against the unit for delay in submission of the APR as per the rule 54 of SEZ Rules, 2006 for the FY 2020-21 & 2021-22,
« The unit has submitted relevant documents/deciaration as per the Import Duty/GST benefit availed (ec duty forgone on the import items for FY 20202) waa Rs. 4.39 crores and the GST forgone on DTA goods 4 services for the FY 2020-21 is Rs.4.95 crores and the Bond balance for the sald year after The Import Duty/GST benefit
availing the above benefitsis Re. 97.9% crores, availed ic duty forgone on the import items for FY 2021-22 was Re.14.24 erores and the OST forgoneon DTA goods & services for the FY 2021/22 is Re. 2.77 crores and the Bond balance for the said year after availing the above benefits is Ra. 80.98 crores The Du /GST benefit availed by the unit in the above said year is within the limit of the bond executed and the balance/ remaining valueof the amourt after availing the above benefit is in positive.
UAC may like to monitor the performance of the Unit for the period 2020/21 &
9021-22 in terms of Rule 54 of SEZ Rules, 2006.

==> picture [2 x 11] intentionally omitted <==

----- Start of picture text ----- | ----- End of picture text -----

EG... iifea jit die ie qi ali aan. I Bl leg RNS| i i 2a

RPPARTETE 2 naee a aerPPrry 3 i Ee aa HPFAFTTLE se= RTTBATTLE= = |= LUIE rt ad EIU ati.oa ialzl-‘, aes BULLE gaia eel || ||| I/ a 88 st | | = 5 - *% = = =| Oe Tanai wExTESy FFTETTE S255 oO 25S E>3. | S|5\a|R|R|5tshelals

| A é Te tii See cual Pie ‘ell, =| CULTAl ag PROMI BEC LE da he zt a2 gas ar Pee lanai A elit, Els Se a 52s 2 |2| lalaeallRaiale

GOVT. OF INDIA,

OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHER! (EAST), MUMBAI Ciee

AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

A. PROPOSAL:

Moritoring of the performance of M/s. Fusion Jewellery Mig. Co. Pvt Lid-Il, incated in Unit No. 101, Multistoried Building, SEEP2- SEZ, Andheri (E)}, for the period 2022-23 of block period 2020-21 to 2024-25

A. Specific Issue on which decision of UAC is required:

Monitoring of the performance of the unit for FY 2022-23 of 3 block period in terme of Rule 54 of SEZ Rules, 2006

The details of the approved export projections for 2022-23 block period af 5 yoars ie. FY 2020-21 to 2024-25, are as detailed below:

{l) APPROVED Projections

==> picture [440 x 101] intentionally omitted <==

----- Start of picture text ----- it a -xport ge iy Maal Wl Mill Meeell (s wl FeQuigs| | 160) | i836 | 20.5) | 21.59 | 25.12 | 10).80 | NRE [| a09 | 600 | 749 | S41 | 988 [372i ----- End of picture text -----

(0) Performance as compared to projections during the block period 2020-21 to 2024-25,

==> picture [436 x 136] intentionally omitted <==

----- Start of picture text ----- Lf In Cr. a Raw Matertal i ee | ee | | eel goat-aa | 35.00 | 24.15 | l6a@7 | 12.38 | 005 | 000 | O00 | Panaa23| 2600 | 316 | ISas | 633 | 0.00 | 0.00 | 000 In ----- End of picture text -----

(1) Cumulative NFE achieved during the block period 2020-21 to 2024-25

|(D)<br>Other Information:<br>Li,|(D)<br>Other Information:<br>Li,|aEEP? SEZ /LA)/APL/GS-014/<br>2007-08/9000|
|---|---|---|
|||hteOF.)<br>2.2007|
|ia<br>sma)<br>ofmanufacture! Services<br>joid Jewellery, Plain Jewellery, Silver Jewellery<br>fvoss Jewellery & Platinum<br>Jewellery<br>Studded|||
|||ah Diamond Precious & Semi-Precious Colou|
|||Stone and C2Jewelery Bre|
|——a|||
||idity ofLeaseAgreement|Sub-Lease agreemacnt<br>is registered for 945 ye<br>015.4. 3008|
|fame<br>ter [ee ||<br>|<br>ing<br>Show Cause Notice!<br>Eviction|||
||‘<br>{Recovery<br>Notice/<br>'<br>1||
||a<br>issued,<br>if any||
||a. Projected employment for the<br>block period (2020-21 To 2024-||
||a5||
||hb. No. ofemployees as on FY<br>2022-23||
||wa<br>allotted (inse)<br>‘rea<br>available for cach employes|52.57 Sg. Fr. empiayec|
||q.ft. basis (area / no. ofemployees)||
||A||

OT<br>AL.<br>7 Sq ft, Exportduring the FY	OT<br>AL.<br>7 Sq ft, Exportduring the FY	Lee
Buentity<br>and value <br>ader Rule 34	of goods cxportcd
Tutilized goods)
eee Tics
hether all the APRs beingconsidered<br>ow<br>haa been filed well within the time<br>limit, or otherwise.		Yes,<br>APR tor FY 3002-23 have beenMed within the<br>Stipulated<br>Lime period.
if<br>no, details<br>of theYear	Yearalong<br>with no of
Abed<br>Ll<br>i<br>=tobe	pe<br>eT.

({E) Reconciliationof Export & Import data.

a, EXPORT

‘ain Cr Yeur/Perled reported in Figures08 P°F litter for /Remark Value) | pppoe | Stars Treats hmmm Difference b. IMPORT | RM & Capital Goods including procurement done on [UT (fram SEZ, EU, STP, RMHTP) bei. Year/Period | "!"" | somenstrade |PiT*rence per APR Date ny 6.33 (RM) 3.08/RM) The unit has considered he Raw material taken om the Nominated — senev and fram ihe DTA endorse for which the) re nt hes been marie ign currea n dcythein ne valuebes not been in ASOL. The amount of freight charges reflectedin NSDL mpor valucand the same ie mot taken in the APR by

(F} Bond cum Legal Undertaking(BLUT)

|[foal Gond-Cum LegelUndertaking OS<br>ii<br>alge<br>of<br>Additieral<br>Boncd-cum-Lege<br>Undertaking<br>(SLUT)executed<br>during<br>the<br>Financia<br>Year.|[foal Gond-Cum LegelUndertaking OS<br>ii<br>alge<br>of<br>Additieral<br>Boncd-cum-Lege<br>Undertaking<br>(SLUT)executed<br>during<br>the<br>Financia<br>Year.|
|---|---|
|it|he duty forgone om Gomis!<br>Services<br>mported<br>or<br>procured<br>during<br>-<br>Financial<br>Year fahould inched the<br>G5<br>ee al<br>cr<br>DOTA<br>roc<br>Lr|
|goorts<br>/services)<br>eroe<br>|||
||of theFinancial<br>Year [{ii} + fillj- (ivi.|
|c|Dells<br>of<br>pending<br>Foreign<br>Remittance<br>beyond]<br>The unithas recered all the<br>Permissible<br>period,<br>if any<br>pending forcign exchange<br>realization reflected in the said<br>APR|
||ether all softex haa been files for the said period, |<br>i,<br>details<br>thereof,<br>So<br>check<br>whether<br>unit<br>obtained softex condonation from DC office / REI<br>and<br>approved, whether they have filed such pendi|
||after|
||nether<br>all Sadiehaa been certified,<br>¢ so tillwhir<br>month<br>has the same been certified. If not, provide<br>iectails of the Softex and reasons for pendency|
|il:-xjcceieniieconniomeenns<br>EE, a<br>j<br>Whether any<br>Services provided in DTA<br>SEZ /EOU/STM ctc.<br>against payment in INF in r/<br>/ITES Unit dunng the period.<br>yes, details thereof! tyear wise details to be provided||
||in the unit sharing any of their mfrastructures<br>4<br>ather units or are wtiliting infrastructure of<br>anoth|
||nit in the same or other SEZ.<br>If ao, details thereof, including the detaits of the unit<br>with whom the sharing & being made, ond<br>:|
||f approval for sharing of common infrastructure<br>he<br>been<br>obtained from UAC / Est office, the date of<br>WAG<br>Approval<br>lettertobeindicated|

==> picture [421 x 320] intentionally omitted <==

----- Start of picture text ----- 4 Whether all DSPFfor services procured during the Undertaking 16.10.2023 filed ty the unit and whether the same has b processed for approval by the 20) (Office. Whether unit has filed al) OTA procurcment! wl ta Tcs nods procured by them during the monitonng peroc | for the relevant period. no, details thereof! | ie of the request [De pending for OOC ir epect of DTA procurement om the date o ! Has the unit set up any cafeteria / canteen / food curt in onit Promises, if yes, whether permisson from UAC / DX office hm been ieucd, or otherwise office has been issued, 0 Whether unit has availed any duty free goods - ee for settingup such faciliry? ‘yes, whether unit has discharged such duty/ 1 of duty | tax recoveredoF totee MocnVvEreE (0) [Whether beenanynoticedviolation/ observedof any ofby thethe provisionsSpecified af(Off during the peri under monitoring ----- End of picture text -----

Observations:

«© The unit has echiewed export revenue of Rs. 3.16 Cr. as ageinat projectedexport of Re, 28.00 Cr. ic. 11.29% during for the year 2072-25

The unit has achieved postive NPE during FY 2022-24
« Unit has achieved value additions of 16.68% duty the FY 2022-23. ¢ The APR for FY 2022-23 have been filed within the stipulated time period. « The unit has submitted relevant documents as per the Duty/GST benefit availed i.c duty forgone andDuty/GSTthe OSTbenefitforgoneavailedononDTA theby thegoodsimportunit for itemainthetheforFYabove FY2022-23 2022-23said isyears wasEa. appears0.35Rs, 3.86Cr, to| Cr,Thb e within the limit of the bond executed and the remaining value of the amount after availing the above benefitis in positive.
« UAC may like to monitor the performance of the Unit for the period 2022-23 in terms of Rule 54 of SEZ Rules, 2006. ee ee oe ee a ES SSE

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