Minutes of the Approval Committee meeting of SEEPZ-SEZ held on 30.06.2022

File No.S-SEZ-11/11/2021-SEEPZ-SEZ MINUTES OF THE MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER ON 3077 JUNE 2022 THROUGH VIDEO CONFERENCING.

1. Name of the SEZ SEEPZ-SEZ
2. Meeting No. : 1637
3. Date ; 300 June, 2022 Members Present: Sr. | Name of Members Designation Organization No. bodShrisa@ee Pi eSilit: Development|SEEPZ-SEZ. hauhan ommissioner, 2 (Shri. Rignesh Das

Commissioner|Nominee of Income Tax office, Kautilya 10076 Tax Bhawan, Bandra, Mumbai. 3. Shri. Premchandran|Dy. DGFT ; ominee of the DGFT, Mumbai. INair 4 Smt. Kirti/Deputy DirectorINominee of Directorate of Industries, Deshmukh Inspector Mumbai. 5 |Shri. VasantlAsstt. Commissioner,INominee of Commissioner of Customs, Sonkusale ustoms eneral, Air Cargo, Sahar 6 Shri. Indrajeet|Field Officer ominee of MPCB, Mumbai. [Deshmukh Special Invitee:-

1. Shri. Anil Chaudhary, Specified Officer, SEEPZ SEZ Shri. Praveen Kumar, Sr. Authorised Officer/ADC I/c (SEEPZ SEZ & New SEZ), Shri. Ranjit Rawool, Sr. Authorised Officer/ADC I/c (New SEZ), Smt. Bridget Joe, EA to Development Commissioner/Estate Manager, Smt. Kiran Vanker ADC (New SEZ) and Smt. Rekha Nair, Assistant also attended for assistance and smooth functioning of the meeting. Agenda Item No. 01:- Confirmation of the Minutes of the 1620 Meeting held on 27.05.2022

The Minutes of the meeting held on 27.05.2022 were confirmed with consensus. Agenda Item No. 02 :-Application for Renewal of LOA for further period of 5 years 1.6. 2022-23 to 2026-27 w.c.f. 01.04.2022 to 31.03.2027 with reduction of capacity in the items of manufactures - M/s. Globatronix (Bombay) Pvt. Ltd. M/s. Globatronix (Bombay) Pvt. Ltd., had submitted the application for Renewal of LOA for further period of 5 years i.e. 2022-23 to 2026-27 w.e.f. 01.04.2022 to 31.03.2027 with reduction in the capacity of items of manufactures. The details are as under :- A. Capacity Enhancement of Item of Manufacture :- Items of Trading Approved Capacity (Nos./Rs./Pieces) | Proposed Capacity (Nos./Rs./Pieces) Magnetic Relay Coils 30,00,000.00 NOS 18,00,000.00 Nos HR TOS Coils Rs. 4,86,00,000.00 Rs. 85,00,000.00 Header Assembly Rs. 6,48,00,000.00 Rs. 6,00,000.00 Wire Wound Resistors 36,00,000 PCS 3,60,000.00PCS Chokescoils 3,00,000.00 PCS 30,000.00 PCS Motor-Header Assembly 11,00,000.00 PCS 1,10,000.00 PCS Projections:- Sl. [Particulars Existing of 5 years (approved) |Proposed for 5 years No. 2017-18 to 2021-22 2022-23 to 2026-27 (1US$ = Rs. 75) Rs. In Lakhs US'000 Rs. In | US'000 Lakhs 1. [FOB value of exports 48,200 71,747.54 | 6,916.88 |9,222.51 2. [mport of Machinery 70 102.94 11.10 14.80 3. [Import of Raw Material and 30,130 44,308.82 | 3,543.75 |4,725.00 omponents 4. [Import of Spares & Consumables 355 522.06 11.00 14.67 5. {Repatriation of dividends and PF | PF a | profits to foreign collaborates Royalty [| |e fe] [| lo. | 7. {Lumpsum Know how fee || |e (| | | Is. | IDesign & Drawing fees | } | | -| |e] lo. | 1 Payment of foreign technicians |e | |e || |e | 0. [Payment on training of Indian | ऋ P| a | | ech. abroad Lon ommission on export || | ti | | | 12. [Foreign Travel | _ _ ट-| |e |e | |

13 |Amount of interest to be paid on ae |. | eed | | ॥ 02] 14... विWयाए other payment हक ॥ ७ Hal 1७ yr asta, | व 15. otal (2 to 14) 30,555 44,933.82 3,565.85 4,754.47 16. |NFE (1-15) 17,645 26,813.72 3,351.03 4,468.04 Decision : After deliberation, the Committee approved the proposal of the unit for reduction of capacity and noted the new projections. The renewal of LoA to be decided by Development Commissioner as per Rule 19(2) of SEZ Rules, 2006. Agenda Item No. 03 :-Application for change in Partners & Profit sharing ratio on retirement of 2 Partners - M/s. Arriva Jewellery M/s. Arriva Jewellery have submitted the application for change in Partners and Profit sharing ration on retirement of 2 Partners. LIST OF PARTNERS Sr. List of Partners pre retirement of the List of Partners post retirement of the No. Partners Partners Name of Partners Designation Name of Partners Designa-tion 1, Mr.Jaswant Parikh Partner Mr.Chirag Jaswant Parikh Partner 2. Mr. Chirag Parikh Partner |Mr. Shubham Vijay Lohade| Partner 3. | Janam Corporation P Ltd. Partner Mr. Antim Dhannalal Partner Lohade Details of Pre & Post profit sharing ratio : -_ Sr. No.| Name of the partners %of |Sr.No.| Nameofthe partners TM of Shares Shares 1 Mr.Jaswant Parikh 2.5% Mi Mr.ChiragJaswant Parikh 25% 2 Mr. Chirag Parikh 2.5% 2. |Mr. Shubham Vijay Lohade} 37.50% 3 Janam Corporation P 95% 3. Mr. 37.50% Ltd. AntimDhannalalLohade Total 100% Total 100% Decision : After deliberation, the Committee approved the proposal of the unit for change in Partners & Profit sharing ratio on retirement of 2 Partners in terms of Instructions

no. 109 dated 18.10.2021. Further, the Committee also directed the Unit to comply with the following safeguards in terms of Instruction no. 109, dated 18.10.2021:- Ls Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity. . Fulfillment of all eligibility criteria applicable, including security clearances etc, by the altered entity and its constituents. . Applicability of and compliance with all Revenue/Company Affairs/SEB] etc. Acts/Rules which regulate issues like capital gains, equity change, transfer, taxability etc. . Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownerships etc. shall be furnished immediately to Member (IT&R), CBDT, Department of Revenue and to the jurisdictional Authority. . The Assessing Officer shall have the right to assess the taxability of the gain/loss arising out of the transfer of equity or merger demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections of the Income Tax Act, 1961. . The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. . The applicant shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT. . The applicant shall be recognized by the new name or such arrangement in all the records. The Committee also directed the Unit to clear the rental dues within 3 months time. Agenda Item No. 04 :-Application for Change of Entrepreneurship and transfer of assets and liabilities from M/s. Amore Jewels Pvt. Ltd., to M/s. Asian Star Company Ltd., Unit-Il - M/s. Amore Jewels Pvt. Ltd. The unit had submitted the application for Change of Entrepreneurship and transfer of assets and liabilities from M/s. Amore Jewels Pvt. Ltd. to M/s Asian Star Company Ltd., Unit-II and provided the following details. ७ LIST OF DIRECTORS OF THE COMPANY :- M/s. Amore Jewels Pvt Ltd., M/s. Asian Star Company Ltd., Unit-II Name Designation Name Designation Mr. Shantilal Bhanwarlal| Director [Mr. Vipul P. Shah CEO & Managing Director Barmenche Mr. Bhavesh Suresh} Director r. Arvind T. Shah| Chairman, CFO & Whole time Kumar Barmecha Director Mr. Viral Shantial] Director | Mr. Piyanshu A. Non-Executive & Non- Barmecha Shah Independent Director Poe | - | Mr. Rahil. V. Shah Executive Director

Beas Mr. Dharmesh D. Non-Executive & Non- Shah ame Mr. K. Mohanrampai ae Mr. Apurva R. Shah mo Mr. Milind H. Gandhi ae Mr. Miyar R. Nayak किGए Mrs. Neha R. Gada | | Mr. Jayantilal 10. Parmar ७ DETAILS OF SHAREHOLDING PATTERN i.r.o. M/s. Amore Jewels Pvt Ltd Name of the Director As on 23.03.2022 No. of Shares % Prakash Barmecha HUF 300 0.006 Usha Barmecha 300 0.006 Ashish Bokaria | 900——sd 0.019 Bhavesh Barmecha 19,800 0.428 Bhavesh Barmecha HUF 69,000 1.490 Suresh Kumar Barmecha HUF 93,300 2.015 Shantilal Barmecha 392,700 8.483 Viral Barmecha 553,500 11.995 Divya Barmecha 857,682 18.527 Prem Barmecha 865,800 18.702 AAA Diamonds Pvt Ltd., 1,774,380 38.328 Total 4,629,462.00 100.00 DETAILS OF SHAREHOLDING PATTERN i.r.0. M/s. Asian Star Company Ltd Unit-IT__ Name of the Share holders No. of Shares % Promoter & Promoter Group 1,19,500 74.65 Public 40,568 25.34 Total 1,60068.00 100.00 Initial employment generation will be 150 nos. Proposed Projections of taking over of assets & liabilities :

Sl. Particulars Approved for 5 years Proposed for 5 years 1५०. 2021-22 to 2025-26... [2022-23 to 2026-27 as per ir.o. M/s. Amore Jewels Rule 74 8 Pvt Ltd, (1US$=Rs. 76.80/-) (C/ 501 ) 11.0. M/s, Asian Star Company Ltd (C/ 673 ) Rs. In Lakhs [US'000 Rs. In Lakhs] US'000 1. [FOB value of exports 26,501.00 | 36,104.50 46,000] 59,895.83 2... [Import of Machinery 100 136.24 400 520.83 3. mport of Raw Material and 20,670] 28.160.76 34,500] 44,921.88 omponents 4... [Import of Spares & 25 34.06 2,300 2,994.79 onsumables 5. Repatriation of dividends and fy |] 920 1,197.92 profits to foreign collaborates 6. | Royalty ae | | टौइझ| | टौ;| 7. [Lumpsum Know how fee

• | ।ौv] | /ौv;| | ;ौv]]| |8. | Design & Drawing fees | टौ;| | | ौv] | ; ौvझ|

9. | Payment of foreign technicians | | टौझ | टौ;"| | ;ौv;|

[Payment on training of Indian f ो{। |] | | _| ech. abroad 11. ominission on export 133 181.20 | | /ौv॥ | 12. [Foreign Travel | «6 89.92 300 390.63 13 mount of interest to be paid on fy | | oe CB 14. ny other payment 199 271.12 125 162.76 15. [Total (2 to 14) 21,193 | 31,917.17 38,545 | 50,188.80 16. |NFE (1-15) 5,308.} 4,,187.17 7,455.00 9,707.03 Decision: After deliberation, the Committee approved the proposal of the unit for change in Entrepreneurship and transfer of assets and liabilities from M/s. Amore Jewels Pvt Ltd., into M/s. Asian Star Company Ltd,., Unit-II in terms of Rule 19 (2) and Rule 74A of SEZ Rules 2006 read with Rule 74 of SEZ Rules 2006 for exit. Agenda Item No. 05 :-Application for change in Partners & Profit sharing ratio on retirement of 2 Partners - M/s. H.K. Designs (India) LLP M/s. H.K. Designs (India) LLP had submitted the application for change in Partners & Profit sharing ratio on retirement of 2 Partners. LIST OF PARTNERS Sr. No. List of Partners pre retirement of the Partners List of Partners post retirement of the Partners

Name of Partners esignation Name of Partners \Designa-tion 1. Shri. Savjibhai D. Dholakia Partner |Shri. Savjibhai D. Dholakia Partner 2. Shri. Ghanshyambai 0D.) Partner |Shri. Ghanshyambhai D.| Partner IDholakia IDholakia 3. Shri. Rajesh Himmatbhai] Partner |Shri. Hasmukhbhai] Partner IDholakia hakarshibhai Dholakia- Rep. Hari Krishna Export Pvt. Ltd. 4. Shri. Hasmukhbhai] Partner |Shri. Pintu Tulsibhai Dholakia Partner hakarshibhai Dholakia- Rep. (Hari Krishna Export Pvt. Ltd. 4 5. था. Pintu Tulsibhai] Partner (Shri. ParagAnantrai Shah Partner Dholakia a Shri. Brijesh = Tulasibhai] Partner IDholakia 7. Shri. Parag Anantrai Shah Partner Details of Pre & Post profit sharing ratio : -_ Sr. Name of the partners % of | Sr. Name of the partners % of No. Shares | No. Shares 1 |Shri. Savjibhai D. Dholakia 20% | 1. |Shri. Savjibhai D. Dholakia 22% 2 Shri. Ghanshyambai D.| 20% | 2. Shri. Ghanshyambhai D.| 21% _ Dholakia Dholakia 3 Shri. Rajesh Himmatbhai] 3% | 3. |Shri. Hasmukhbhai] 51% IDholakia hakarshibhai Dholakia- Rep. Hari Krishna Export Pvt. Ltd. 4 Shri. Hasmukhbhai} 51% | 4. |Shri. Pintu Tulsibhai Dholakia 2% hakarshibhai Dholakia- Rep. [Hari Krishna Export Pvt. Ltd. 5 |Shri. Pintu Tulsibhai Dholakia | 2% 5. |Shri. Parag Anantrai Shah 4% Fy Shri. Brijesh Tulasibhai] 2% ral ee | a IDholakia 7 Shri. Parag Anantrai Shah 2% [| BSS hie ee © ॥ Total 100% Total 100% Decision: After deliberation, the Committee approved the proposal of the unit for Change in the Partners and Profit Sharing Ratio on retirement of 2 partners for the Instructions no. 109 dated 18.10.2021. Further, the Committee also directed the unit to comply with the following safeguards in terms of Instruction no. 109, dated 18.10.2021:-

1. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity.
2. Fulfillment of all eligibility criteria applicable, including security clearances etc, by the altered entity and its constituents.
3. Applicability of and compliance with all Revenue/Company A ffairs/SEBI etc. Acts/Rules which regulate issues like capital gains, equity change, transfer, taxability etc.
4. Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownerships etc. shall be furnished immediately to Member (IT&R), CBDT, Department of Revenue and to the jurisdictional Authority.
5. The Assessing Officer shall have the right to assess the taxability of the gain/loss arising out of the transfer of equity or merger demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections of the Income Tax Act, 1961.
6. The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable.
7. The applicant shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT.
8. The applicant shall be recognized by the new name or such arrangement in all the records. Agenda Jtem No. 06:- Application for Change of Entrepreneurship and transfer of assets and liabilities from M/s. Hari Krishna Exports Pvt. Ltd into M/s. H.K. Designs (India) LLP (Unit-I)- Hari Krishna Exports Pvt. Ltd. The unit had submitted the application for Change of Entrepreneurship and transfer of assets and liabilities from M/s. Hari Krishna Exports Pvt. Ltd into M/s. H.K. Designs (India) LLP (Unit-II) in terms of Instruction no. 109 dt. 18.10.2021 and the details of the Partners and profit sharing ratio are as under : LIST OF DIRECTORS/PARTNERS :- Sr. | Hari Krishna Exports Pvt. Ltd.. HK Designs (India) LLP No. Name of Directors {Designation Name of Partners IDesigna-tion

Shri. Savjibhai 9. Director |Shri. Savjibhai D. Dholakia Partner IDholakia 2. (Shri. Ghanshyambai] Director 517. Ghanshyambhai D. Dholakia Partner IDhanajibai Dholakia 3. गए. Tulsibhai] Director कया, Hasmukhbhai Thakarshibhai] Partner IDhanjibahi Dholkia Dholakia- Rep. Hari Krishna Export Pvt. Ltd. 4. Shri. Hasmukhbhai| Director |Shri. Pintu Tulsibhai Dholakia Partner hakarshibhai Dholakia 5. |Shri. Kurawas| Director |Shri. Parag Anantrai Shah Partner Balkrishnan Rajgoplan DETAILS OF SHAREHOLDING PATTERN 11.0. Hari Krishna Exports Pvt. Ltd..

% of Total Shareholding Sr. No. Name No. of Shares | Amount Rs. ile Savjibhai D. Dholakia 36,72,102 | 3,67,21,020 28.06 2. |Ghanshyambhai D. Dholakia} 31,80,151. | 3,18,01,510 24.30 op Tulsibhai D. Dholakia 31,01,026 | 3,10,10,260 23.69 4. Himmatbhai D. Dholakia 25,01,331. | 2,50,13.310 19.11 5. Nareshbhai V. Lungaria 3,80,327 38,03,270 2.91 | 6. | Hasmukhbhai 1. Dholakia 25935092: 25,35,520 1.93 Total 1,30,88,489 |13,08,84,890 100.00 PROFIT SHARING RATIO OF PARTNERS OF M/S. H K Designs (India) LLP 1h Sr. No.|Name of the partners % of Shares 1, Shri. Savjibhai D. Dholakia 22% 2. Shri. Ghanshyambhai D. Dholakia 21% 3, Shri. Hasmukhbhai ThakarshibhaiDholakia- Rep. Hari Krishna Export 51% Pvt. Ltd. 4. Shri. Pintu Tulsibhai Dholakia 2% 5. Shri. Parag Anantrai Shah A% Total 100% In addition to the above, following are the designated partners :- List of Designated Partners of Transferee LLP Sr. oo Profit Sharing | Fixed Current Capital as on

No. Ratio Capital 31.03.2022 Shri Ghanshyambhai ५५ Cc 1 व व Dhalatia 20% 70,000,000 36160652.22 Cr 2 था Parag A Shah 2% 7,000,000 9218802.12 Dr| Decision : After deliberation, the Committee approved the proposal of the unit for Change of Entrepreneurship and transfer of assets and liabilities from M/s. Hari Krishna Exports Pvt. Ltd. to M/s. H. K. Designs (India) LLP Unit II in terms of Instruction no. 109 dt. 18.10.2021. Further, the Committee also directed the unit to comply with the following safeguards in terms of Instruction no. 109, dated 18.10.2021:- 1. 2. es) Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity. Fulfillment of all eligibility criteria applicable, including security clearances etc, by the altered entity and its constituents. . Applicability of and compliance with all Revenue/Company A ffairs/SEBI etc.

Acts/Rules which regulate issues like capital gains, equity change, transfer, taxability etc. . Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownerships etc. shall be furnished immediately to Member (IT&R), CBDT, Department of Revenue and to the jurisdictional Authority. . The Assessing Officer shall have the right to assess the taxability of the gain/loss arising out of the transfer of equity or merger demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections of the Income Tax Act, 1961. . The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. . The applicant shall furnish details of PAN and jurisdictional assessing officer of the unit to CBDT. . The applicant shall be recognized by the new name or such arrangement in all the records. Agenda Item No. 07:- Application received for permission for Third Party Repair -M/s. Suashish Diamonds Pvt. Ltd., The unit has submitted the application for Permission for Third Party Repair for manufacture and export of Plain, Studded Gold/Silver/Platinum Studded with Diamonds/Precious, Semi Precious Stones, CZ pearls and the details are as follows:- Sr. Description of Items Quantity PA Labour INo. Charges PA iL. Plain, Studded Gold/Silver/Platinum Studded with] 2500 Pieces/ | US $ 6250/- IDiamonds/Precious, Semi Precious Stones, CZ pearls. Apprx. Approx. __Projections:-

Sl. [Particulars Existing of 5 years | Existing of 2 year | Proposed for 2 years INo. (approved) 2018- | (approved) 2021- | 2022-23 to 2024-25 19 to 2022-23 22 to 2022-23 | for third party repair (1US$ = Rs. 68.50) IRs. In Lakhs IRs. In Lakhs Rs. In Lakhs | US'000 1. |FOB value of exports 88,410 37,970 37,970| 55,431 2. {Import of Machinery 125 58 58 85 मु otal Import of Raw 28,525 16,650 16,650] 24,307 [Material and components 3 (a) import of Raw Materials poner te Pees 11,655] 17,015 and Components in RM [Form 3 [Assorted jewellery for es or 4545} 6635 (b) jemaking/melting as raw material 3 (c)[import of jewellery as =r हो जज 250 365 hird Party Repair 3. [import of Raw Material ake | जज 200 292 (d) fomponents on loan basis 4. [Import of Spares & 5,004 2,869 2,869 4188 onsumables Ss nused Jewellery 607 12,225 4,995 | re IRepair/Remaking Return हे [Repatriation of dividends |. | a 7 and profits to foreign collaborates 7. (Royalty | {i | हट; | e umpsum Know how P Po | निŒ fee 9. | Design & Drawing fees Se Eee. ol ol a ae mz 10. [Payment of foreign i ea | | echnicians 11, [Payment on training o 35 10 10 15 ndian tech. abroad 12. (Commission on export 482 65 65 95 13 Foreign Travel 400 | 100 100 146 14. [Amount of interest to be Po fF ।' | Ss 0410 on ECB 15. |Any other payment fT _ ट; | [| ॥४्‌॒ az 16. [Total (2 to 15) 46,671 19,694.00} 19,694.00} 28,750 17. INFE (1-16) 41,739 18,276 18,276} 26,680 There is no change in the projections for third party repair Decision :- After deliberation, the Committee approved the proposal of the unit for Third

Party Repair for manufacture and export of Plain, Studded Gold/Silver/Platinum Studded with Diamonds/Precious, Semi Precious Stones, CZ pearls subject to compliance of Instruction No. 51 dated 25.03.2010 issued by MOC&I and subsequent Public notice no. 01/2010 dt. 08.04.2010 and corrigendum dt. 26.04.2010. Agenda Item No. 08:- Application received for permission for Third Party Repair M/s. Jewel NXT The unit has submitted the application for Permission for Third Party Repair for Gold, Silver, Platinum, Palladium, Stain Steel, Brass Copper and Combination Jewellery, Gold Plated Jewellery, Mounting and Model Either Plain Jewell or Studded with Cut & Polished Diamond, Precious-Semi-Precious Stone, Cubic Zirconia, Color Stone and the details are as follows:- Sr. Description of Items Quantity | Labour INo. PA Charges PA 1. old, Silver, Platinum, Palladium, Stain Steel, Brass Copper] 10,000 Rs. 60 /- land Combination Jewellery, Gold Plated Jewellery, Mounting] Pieces lakhs land Model Either Plain Jewell or Studded with Cut & Polished] Apprx. | Approx. Diamond, Precious-Semi-Precious Stone, Cubic Zirconia, Color tone and Pearls __Projections:-

Sl. Particulars Existing of 5 years |Existing of 1 year| Proposed for 1 year INo. (approved) 2018-19 |(approved) 2021-| 2021-22 for third to 2022-23 22 party repair (1US$ = Rs. 67) IRs. In Lakhs IRs. In Lakhs Rs. In | US'000 Lakhs 1. [FOB value of exports 48,400 12,000] 12,000] 17,910.44 2... {Import of Machinery 280 25, 25 87,31 3. otal Import of Raw 19,710 4,800] 4,800} 7,164.17 Material and components 3 (i) Import of jewellery as le: sarang Pi al | ० 895.52 hird Party Repair 4. [Import of Spares & 970 240 240 358.28 onsumables 5. nused Jewellery for 4,490 1,200 ai 895.52 IRepair/Remaking Return ia Repatriation of dividends है =. | | i and profits to foreign ollaborates he oyalty (० “8, abhi Sia 100 ieee =a: eer 8. | Lumpsum Know how fee न्‍श्œ्œक्क्ण्न्छड ae | “धय| fae Piet 9. | Design & Drawing fees | ; ti zz | 10. [Payment of foreign eed pe Page ae | |] echnicians 11. [Payment on training 0 tenn aes पाप Pad eat.4 ndian tech. abroad 12. {Commission on export | sti‘ | ti az | /ौv;| 13 Foreign Travel 35 oe Bo] mz 13.43 14. [Amount of interest to be sae i lates | | |] | 0416 on ECB 15. jAny other payment 140 36 36 53.73 16. [Total (2 to 15) 25,625 6,310} 6,310) 9,417.91 17. INFE (1-16) 22,775) 5,690} 5,690} 8,492.53 There is no change in the projections for third party repair Decision :- After deliberation, the Committee approved the proposal of the unit for Permission for Third Party Repair for manufacture and export of Plain, Studded Gold/Silver/Platinum Studded with Diamonds/Precious, Semi Precious Stones, CZ pearls.. subject to compliance of Instruction No. 51 dated 25.03.2010 issued by MOC&I and subsequent Public notice no. 01/2010 dt. 08.04.2010 and corrigendum dt. 26.04.2010. Agenda Item No. 09:- Monitoring of Performance of M/s. Sidds Jewels India LLP.

The unit has 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 has been found satisfactory. Decision:- After deliberation, the Committee noted the performance of the unit for the period 2019-20, as the Unit had achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006. The Committee also directed :- * The Unit to clear the outstanding rental dues within I month. * Specified Officer to issue show cause notice for delay in submission of APRs * Specified Officer to monitor the pending foreign exchange realization Agenda Item No. 10: Monitoring of Performance of M/s. Simic Electronics Pvt Ltd. 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 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, as the unit has achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules, 2006. SUPPLEMENTARY AGENDA: Agenda Item No. 01:- Application for Mid-term Projections for remaining 3 years 2022-23 to 2024-25 on additional Import - M/s. Jewel Art 2 M/s. Jewel Art has submitted the application for Mid-term Projections for remaining 3 years 2022-23 to 2024-25 on additional Import. * The details of the mid-term revised projections for remaining period of 3 years. (Figs.Rs. in lakhs) Approved Approved Proposed Projection for Description Projection projection forThree year 2022-23 to For five year|Three year 2022-232024-25US $ 1 = Rs. 2020-21 tolto 2024-25 4.35 2024-25 (Rs. In Lakhs)} (Rs. In Lakhs) (Rs.In |(US$ ‘000’)

Lakhs) FOB value of Exports 8200 6000 45000 60525 Import of Machinery 164 120 225 303 Import of Raw Material and 6560 4800 36000 48420 components, Spares & Consumables Damage broken & Semi Poca ome 2250 3026 furnished jewellery for remaking, remelting, Repairs & Third Party Repatriation of dividends and [ree eae = LF | profits to foreign collaborates Royalty __ - | | ४... | [| =| j= | Lumpsum Know how fee | - | fos = | Pace | Design & Drawing fees | - || [| = [= | |» | Payment of foreign technicians | - | | | = EE Payment on training of Indian) ae eternal) os | : | tech. Abroad : Commission on export ला | = | - || ; 4] Foreign Travels 45 30 30 40 Amount of interest to be paid | eae eel | | जि”म on ECB Any other payment (Specify 25 15 30 40 details) publicity 5 Total 6794 4965 38535 51829 INFE 1406 1035 6465 8695 It is seen from the above, there is increase in the projection as compared to earlier projection. Decision :- After deliberation, the Committee approved the proposal for mid-term revisions of 3 years i.e. 2022-23 to 2024-25 due to increase in the projections on account additional import and exports, in terms of Rule 19 (2) of the SEZ Rules 2006. Agenda Item No. 02:- Application for Broad Banding of Items - M/s. BVC Logistics Pvt. Ltd M/s. BVC Logistics Pvt. Ltd has submitted the application for Broad Banding of service activities, 1.6. Assortment, grading and imaging activities of Cut & Polished Diamond, Videography/ Photography processing services in addition to the following existing items. + Existing approved items as per the LOA dt. 03.12.2020 :-

Sr. Description of the items to be manufactured Approved No. Capacity 01 | Other Business Services Such as Inventory Management Services CPC Code-862, Order Processing Services CPC Code-862, Customs Clearance Services CPC Code-741 है 02 | Services Auxiliary to all modes of Transport-Logistics and related INot Required for Services, cargo handling Services CPC Code-741 Service Unit 03 [Transport Services-Freight and related Services CPC Code 748 & 749 04 Warehousing services including storage Services CPC Code-742 ° Broad Banding of Items:-

Sr. Description of the proposed broad banding items Proposed Capacity No. 01 Assortment, grading and imaging activities of Cut & N न 1 Polished Diamond = ae Service 02 Videography/Photography Processing Services Decision :- After deliberation, the Committee approved the proposal for Broad Banding of items within the existing projections. Unit was also directed to ensure that the said goods thus imported in single lot will be exported in one single consignment and no DTA sale is permissible. Further, the Unit to ensure proper arrangements through CCTVs for proper monitoring of the process by Customs Officials. * Committee also directed Specified Officer to monitor the consignments and frame a Standard Operating procedure for the same. Agenda Item No. 03:- Application for Broad Banding of Items - M/s. Rosy Blue India Pvt. Ltd The unit has submitted an application for Broad Banding of service activity to include Laboratory Created/Laboratory Grown/Man-made/Synthetic Diamonds and Gemstones in addition to the following existing items- : Existing approved items to be manufactured/ Service activity:- approved items to be manufactured/ Service activity:-

Sr. Description of the items to be newly manufactured Approved No. Capacity 01 Plain & Studded jewellery made out of Gold 450.00 kgs 02 Plain & Studded jewellery made out of Platinum 100.00 kgs 03 Plain & Studded jewellery made out of Platinum 200.00 Kgs 04 | Plain & Studded Jewellery made with the combination of precious 30.00 kgs metals viz. gold Platinum and Silver 05 Plain & Studded Palladium Jewellery 1000.00 grams | | Assortment grading calibration grouping sizing bagging, recuting of |20,000.00 carat polished diamonds(Service Activity) 07 Assorting grading calibration grouping sizing recuting ofrough {20,000.00 carat diamonds(Service Activity) | | Import of semi-polished diamonds natural and for making final cut 75,000.00 Pcs and polished diamonds || Import of semi-finished synthetic diamonds for making final cut and 25,000.00 Pcs polished diamonds . Broad Banding of Items for Service Activily:- Banding of Items for Service Activity:-

Sr. Description of the proposed broad banding items Proposed capacity | [Diamonds and Gemstones( Service Activity) [Laboratory Created/Laboratory Grown/Man-made/Synthetic within existing approved Capacity Decision :- After deliberation, the Committee approved the proposal for Broad Banding of items within the existing projections In terms of Para Rule 19 (2) of SEZ Rules, 2006. Unit was also directed to furnish the copy of the orders obtained from client for the proposed items. Unit was also directed to ensure that the said goods thus imported in single lot will be exported in one single consignment and no DTA sale is permissible. Further, the Unit to ensure proper arrangements through CCTVs for proper monitoring of the process by Customs Officials. It was also decided to amend the LoA of the unit to remove item no. 7 of the above table from the Authorized operations i.e. Assortment of rough diamonds as the unit had not undertaken any such activity. Meeting ended with the vote of thanks to the Chair. Signed by Shri. Shyam Chainrii EUSP REN go Commissioner Reason: Approved