IN FORCE SEZ / EOU / FTWZ 2021-12-30

Minutes of the Approval Committee meeting of SEEPZ-SEZ held on 30.12.2021

Document text

170

95582/2022/SEZ

» MINUTES OF THE MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD : UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER ON 30TH December, 2021 THROUGH VIDEO CONFERENCING.

Name of the SEZ
Meeting No.
Date i

: SEEPZ-SEZ ; 158th ; 30th December, 2021

Members Present:

Shri. C. P. S. Chauhan Jt. Development Commissioner
Shri. Dilip K Shah Joint Commissioner Income Tax
Shri. D. T. Parate Dy. DGFT
- : Member SEEPZ-SEZ
- : Nominee of Income Tax Office, Kautilya, Bhawan, Bandra, Mumbai
- : Nominee of the DGFT, Mumbai
Shri. Mahendra Rathod Asstt. Commissioner, Customs
- : Nominee of Commissioner of Customs, Air Cargo, Sahar.
Shri. Indrajeet Deshmukh ; Nominee of MPCB, Mumbai. Field Officer .
Ms. Poonam. P. Darade : Nominee of Directorate of Industries, Industries Inspector Mumbai
Ms. Poonam. P. Darade Industries Inspector

Special Invitee:-

Shri. Anil Chaudhary, Specified Officer

Shri. Raju Kumar, ADC, Smt. Bridget Joe, EA to DC, Smt. Rekha Nair, Assistant Shri. Ravindra Kumar, UDC and Shri. Rajesh Kumar, UDC also attended for assistance and smooth functioning of the meeting.

Agenda Item No. O1:-

Confirmation of the Minutes of the 157*t Meeting held on 26.11.2021

The Minutes of the meeting held on 26.11.2021 were confirmed with consensus.

171

95582/2022/SEZ

: 2

Agenda Item No. 02 :- Application for Revised Projection for remaining period of 3 years i.e. 2022-23 to 2024-25 of M/s. Bombay Jewellery Manufactures Unit-II

of 3 yearsThei.e.unit2022-23had submittedto 2024-25:-the application for Revised Projection for remaining period

||(Rs. In lakhs)|
|---|---|
||Existing<br>Existing<br>Proposed for<br>ofS years | of3 year<br>additional<br>(approved)|(approved)<br>locationi.e.|
||2020-21<br>2022-23 | Unit No.G-45, G<br>to 2024-<br>to 2024-<br>& J Complex-I|
||25<br>25<br>with revised|
||projection|
||remaining|
||period of 3|
||years i.e. 2022-|
||23 to 2024-25<br>Rs. In<br>Rs. In<br>Rs. In Lakhs<br>fists [tains |<br>aie|
||Import of Raw Material<br>40,250]<br>.<br>25,500<br>74,500<br>and components|
|4.<br>Import<br>of<br>Spares<br>&<br>750<br>525<br>1425<br>fl<br>cael<br>del<br>ceed<br>ed<br>DS;<br>Unused<br>Jewellery<br>for<br>> pepaiyeeniingteme<br>| ||<br>Repatriation<br>of dividends<br>Fee<br>||<br>coll**a**borates<br>[v._[Roy lty<br>TC SCCCTCdYSCOCSCSCSCSCSC<br>[8.__|Lumpsum Knowhowfee |—**S**-[_~—S—S-«(_SSs—SS<br>|9.__| Design & Drawingfees [ S-[<br>Sid SSCt~—S<br>Payment<br>of<br>foreign<br>Ee<br>Payment<br>on<br>training<br>of<br>fndantechaba<br>**|**<br>|12. [Commissiononexport<br>[S| ~—SSSSC~CSdY SOSCSC~C~C~CSSS||
|14. <br>PS||Amount of interest to be<br> [gence<br>TTT]|
|j16. <br>17.|[Total(2to1s)<br>| «41,625| _26,480|<br>77,710]<br>[NFE(1-16)<br>|<br>28,375]18,520]<br>53,290]|

Decision :- After deliberation, the Committee approved the proposal for revised projection for remaining period of 3 years i.e. 2022-23 to 2024-25

==> picture [49 x 36] intentionally omitted <==

----- Start of picture text ----- < Wee ----- End of picture text -----

172

95582/2022/SEZ

: 3

Agenda Item No. 03 :- Application for Broad Banding of items of M/s. Sunjewels Pvt

Ltd.,

The unit had submitted the application for Broad Banding of items:-

==> picture [479 x 265] intentionally omitted <==

----- Start of picture text ----- Description of the items to be Proposed Value $ ITC (HS) newly manufactured Capacity Classification Earring finding gold, silver & 7,000 PCS 350,000/- 7113 platinum Approx Earring finding in Bronze, Brass, | 100,000 PCS| 300,000/- TTT Titanium & Steel Approx 03 | Cellulose Acetate, Forged Carbon 5,000 PCS 100,000/ TING Jewellery Plain & Mounting and Approx Studded with synthetic stone 4 Cellulose Acetate, Forged Carbon | 25,000 PCS 200,000 /- TALIS and Meteorite Jewellery un Approx studded and studded with diamonds, Pr stones, Semi pr, Stone, Pearl and synthetic stone, MOP and pearl with gold & silver, platinum, brass bronze, and titanium combination 05 Aluminum jewellery plain & 10,000 PCS 75,000/- File mounting and studded with semi Approx precious with synthetic stones ----- End of picture text -----

Decision:- After deliberation, the Committee approved the proposal for Broad Banding of items subject to condition that:i. Compliance under Any allied act or any other law in force, if required for the import of the raw material for manufacturing ofjewellery shail be fulfilled at the time of import.
- ut. The jewellery should be in compliance of instruction no. 91 dated 28.11.2018 of Ministry of Commerce and Industry and DGFT Notification No. 43/2015-2020 dated 05.11.2021.
- ili. Separate account of import/procurement from domestic tariff area in terms of opening stock, purchase, consumption and closing stock with their utilization details.

Agenda Item No. 04:- Monitoring of Performance of M/s. Gesswein Trading Pvt Ltd.,

The unit had 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 them in the APR and the same has been found satisfactory.

==> picture [42 x 33] intentionally omitted <==

----- Start of picture text ----- Lea ----- End of picture text -----

173

95582/2022/SEZ

Decision :- After deliberation, the Committee noted the performance of the unit for the period 2020-21, as the unit has achieved positive NFE in terms ofRule 54 of SEZ Rules, 2006 the basementcommittee directed that the estate section to expedite .the draft sub-lease agreement for

Agenda Item No. 05 :- Monitoring of Performance of M/s. Interlink Jewellery Services LLP (Service Unit)

The unit had submitted the APR for the period 2017-18 to 2019-20 duly certified by Chartered Accountant. The export and import data for the period 2017-18 to 2019-20 was retrieved from NSDL for cross verification with data submitted by them in the APR and the same has been found satisfactory.

Decision :- After deliberation the Committee directed:-

it. The unit to pay the outstanding rental dues amounting to Rs. 8,25,166/- as on 22.12.2021 by next month.
i. Estate Section to monitor the payment of outstanding rental dues.
lil. The Specified Officer to visit the unit regarding the status of service unit and its entry/exit demarcation and to submit the report before the next UAC meeting.

Agenda Item No. 06 :- Monitoring of Performance of M/s. International Gemological Institute (I) Pvt Ltd.,

Decision :- After deliberation, the Committee noted the performance of the unit for the period 2020-21, as the unit has achieved positive NFE in terms ofRule 54 of SEZ Rules, 2006.

The Committee also directed:-

it. The unit to Pay the outstanding rental dues amounting to Rs. 1,65,751/- as on 20.12.2021 immediately.
i. The unit to expedite the execution of the sub-lease agreement for the period 15.11.2013 to 31.03.2019 & 01.04.2019 to 31.03.2024 as per Rule 18(2) (ii) of SEZ Rules, 2006.

v “N

174

95582/2022/SEZ

Foy

Agenda Item No. 07:- Monitoring of Performance of M/s. KGK Creations Pvt Ltd.,

The unit had submitted the APR for the period 2018-19 duly certified by Chartered Accountant. The export and import data for the period 2018-19 was retrieved from NSDL for cross verification with data submitted by them in the APR and same is found satisfactory.

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2018-19 as the unit has achieved positive NFE in terms ofRule 54 of SEZ Rules, 2006. The Committee also directed the unit to pay the outstanding rental dues amounting to Rs. 2,64,821/- as on 20.12.2021 immediately.

Agenda Item No. 08:- Monitoring of Performance of M/s. Pretty Jewellery Pvt Ltd.,

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2019-20 as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006 the committee also directed the Specified officer to monitor the realization of pending foreign exchange regularly.

Agenda Item No. 09:- Monitoring of Performance of M/s. Uni-design Jewellery Pvt Ltd. Unit-II

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2019-20, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006.

The Committee also directed:-

i. Unit to submit application for deletion of items from their list of authorized operation as the unit has not been doing any trading activity of items like diamonds precious stones, gold casting, silver jewellery, gold findings, gold chains, platinum jewellery etc.

==> picture [51 x 52] intentionally omitted <==

----- Start of picture text ----- J vali ----- End of picture text -----

175

95582/2022/SEZ

: 6

ii. Specified Officer to submit the report on unutilized goods exported under Rule 34 of SEZ Rules 2006. :
Agenda Item No. 10:- Monitoring of Performance of M/s. Jewelex India Pvt Ltd., Unit-II

Decision :- After deliberation, the Committee deferred the proposal and also directed to Specified Officer to submit report on unutilized goods exported under Rule 34 of SEZ Rules.

Agenda Item No. 11:- Monitoring of Performance of M/s. Kama Schachhter Jewellery Pvt Ltd., Unit-II

The unit had submitted the APR for the period 2018-19 to 2020-21 duly certified by Chartered Accountant. The export and import data for the period 2018-19 to 2020-21 was retrieved from NSDL for cross verification with data submitted by them in the APR and same is found satisfactory.

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2018-19 to 2020-21, as the unit has achieved positive NFE in terms ofRule 54 of SEZ Rules, 2006.

Agenda Item No. 12:- Monitoring of Performance of M/s. Munic Jewellery

Decision :-After deliberation, the Committee deferred the proposal and directed the unit to expedite the execution of the sub-lease agreement since 27.06.2002 as per Rule 18(2) (ii) of SEZ Rules, 2006.

Agenda Item No. 13 :-Monitoring of Performance of M/s. Renaissance Global Ltd., Unit-I

==> picture [10 x 11] intentionally omitted <==

----- Start of picture text ----- J E ----- End of picture text -----

176

95582/2022/SEZ

7 :

‘

Decision :-After deliberation, the Committee deferred the monitoring of performance of the unit for the period 2019-20 and directed the Specified to submit report on unutilized goods exported under Rule 34 of SEZ Rules.

Agenda Item No. 14 :-Monitoring of Performance of M/s. Renaissance Global Ltd., Unit-V

Agenda Item No. 15 :-Monitoring of Performance of M/s. Zenstar Jewellery LLP

The unit had submitted the APR for the period 2019-20 duly certified by Chartered Accountant. The export and import data for the period 2019-20 was retrieved from NSDL for cross verification with data submitted by them in the APR and same is found satisfactory. Decision :-After deliberation, the Committee noted the performance of the unit for the period 2019-20, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006 the Committee also directed the unit to submit copy of acknowledgement receipt regarding submission of sub-lease agreement for the period 16.11.2020 to 15.11.2025 to stamp office, BKC for adjudication.

Agenda Item No. 16 :-Monitoring of Performance of M/s. Adinath Jewellery Exports

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2020-21, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006 the Committee also directed the unit to submit copy of acknowledgement receipt regarding submission of sub-lease agreement for the period 05.12.2019 to 04.12.2024 to stamp office, BKC for adjudication.

==> picture [50 x 46] intentionally omitted <==

----- Start of picture text ----- i, rl” ----- End of picture text -----

177

95582/2022/SEZ

: 8 :

Agenda Item No. 17 :-Action Proposed against the Unit M/s. Dynamix Chains Mfg Pvt Ltd., under Rule 54 (2) of the SEZ Rules, 2006 for violation of Section 30 (a) of the SEZ Act, 20054 and Rule 22, Rule 34, Rule 36, Rule 47 (1) & Rule 48 of the SEZ Rules, 2006.

Decision:- After deliberation, the Committee directed the Specified Officer to initiate action under FTDR Act for violation of provisions of Section 30-(a) of the SEZ Act, 20054 and Rule 22, Rule 34, Rule 36, Rule 47 (1) & Rule 48 of the SEZ Rules, 2006.

Agenda Item No. 18:- Monitoring of Performance of M/s. Oracle (OFSS) Processing Services Pvt Ltd.,

The unit had submitted the APR for the period 2017-18 to 2020-21 duly certified by Chartered Accountant. The export and import data for the period 2017-18 to 2019-20 was retrieved from NSDL for cross verification with data submitted by them in the APR and same is found satisfactory, 2020-2021 LOA was expired on 31.05.2019 no data in NSDL System.

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2017-18 to 2020-21, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006, after taken SCRF to STPI value in export figure. The manual APR for the period 202021 duly certified by the Chartered Accountant has been verified, the same is found satisfactory

» Projection in the block period 2019-20 to 2023-24 not submitted by the unit and IA- I Section due to LOA expired.

Agenda Item No. 19:- Monitoring of Performance of M/s. Trigyn Technologies Ltd.,

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2020-21, as the unit has achieved positive NFE in terms ofRule 54 of SEZ Rules, 2006.

Agenda Item No. 20:- Monitoring of Performance of M/s. Course5 Intelligence Pvt Ltd.,

Ry Wyss

178

95582/2022/SEZ

;

: 10 :

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2019-20, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006.

Agenda Item No. 21 :-Monitoring of Performance of M/s. Micro Components

Decision :-After deliberation, the Committee deferred the monitoring of performance of the unit for the period 2019-20 and directed unit to clear the outstanding rental dues amounting to Rs. 8,87,928/- as on 21.12.2021.

Agenda Item No. 22:- Monitoring of Performance of M/s. MK

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2019-20, as the unit has achieved positive NFE in terms ofRule 54 of SEZ Rules, 2006.

Agenda Item No. 23 :-Monitoring of Performance of M/s. SNC Jewels Pvt Ltd.,

Decision :-After deliberation, the Committee deferred the performance of the unit for the period 2019-20 but directed the Specified Officer to examine and submit a report regarding low export performance/employment and also the current export performance of the unit.

Agenda Item No. 24:- Monitoring of Performance of M/s. Syntel Pvt Ltd.,

sveeenseOy -

==> picture [52 x 52] intentionally omitted <==

----- Start of picture text ----- by ----- End of picture text -----

179

95582/2022/SEZ

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2019-20, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006 also directed the Specified Officer to process the file for early adjudication ofpending SCNs

Agenda Item No. 25:- Monitoring of Performance of M/s. The Design House

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2019-20, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006.

Agenda Item No. 26:- Monitoring of Performance of M/s. Fine Platinum India Ltd.,

The unit had submitted the APR for the period 2012-13 to 2016-17 & 2017-18 to 2021-22 duly certified by Chartered Accountant. The export and import data for the period 2012-13 to 2016-17 & 2017-18 to 2021-22was retrieved from NSDL for cross verification with data submitted by them in the APR and same is found satisfactory.

Decision :-After deliberation, the Committee noted the performance of the unit for the period 2012-13 to 2016-17 & 2017-18 to 2021-22, as the unit has achieved positive NFE in terms of Rule 54 of SEZ Rules, 2006.

The meeting concluded with a vote of thanks to the Chair.

Chairperson-cum-Development Commissioner

Verbatim extracted text (OCR/PDF). Older scans and tables may show extraction artifacts — verify against the original for anything you act on.

Analysis

No analysis has been generated for this document yet.