IN FORCE SEZ / EOU / FTWZ 2022-11-25

Minutes of the Approval Committee meeting of SEEPZ-SEZ held on 25.11.2022

Document text

File NO.S-SEZ-11/11/2021-SEEPZ-SEZ

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MINUTES OF THE MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER ON 25th November, 2022 THROUGH VIDEO CONFERENCING.

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Name of the SEZ : ° SEEPZ-SEZ 2. Meeting No. ; 169% 3. Date : 25" November, 2022 Members Present: I hri. C. P.-S. t. Development SEEPZ-SEZ. hauhan ommissioner, 2 Shri. Harmesh Lal oint Commissionerissi Nomineeominee ofof IIncome TTax ottice, Kautilya Imcome Tax Bhawan, Bandra, Mumbai. Pandey > Pa PeanrseU UBER ta. ince Nominee of the DGFT, Mumbai. mt. Kirti Deshmukh [Deputy Director Inspector}| ibai ob Directanairect iat Genestri 5 Dr. M. Prabhakar Asstt. Commissioner, INominee e Commissioner of Customs, ustoms eneral, Air Cargo, Sahar. Shri. Indrajeet : : : ee | ield Officer INominee of MPCB, Mumbai. ----- End of picture text -----

Special Invitee:-

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

Smt. Bridget Joe, EA to DC/Estate Manager/(SEEPZ-SEZ), Shri. Haresh K. Dahilkar, ADC (New SEZ), Shri. Raju Kumar, ADC (New SEZ); Smt. Rekha Nair, Assistant, Shri. Bhandari, Assistant, Shri. Ravindra, Assistant also attended for assistance and smooth functioning of the meeting.

Agenda Item No. 01:- Confirmation of the Minutes of the 168*" Meeting held on 27.10.2022

The Minutes of the meeting held on 27.10.2022 were confirmed with consensus.

Agenda Item No. 02 :-Application for setting up new unit - M/s. Aurifaber Designs Pvt. Ltd. (a Division of Trio Jewels Pvt. Ltd.)

M/s. Aurifaber Designs Pvt. Ltd. (a Division of M/s. Trio Jewels Pvt. Ltd) have submitted the application for setting up new unit for manufacture and export of Plain/Studded Palladium Jewelry with Lab Grown Diamond, Plain/Studded Silver Jewelry with Lab Grown Diamond, Plain / Studded Gold Jewelry with Lab Grown Diamond, Silver Mounting Jewelry with Lab Grown Diamond, Gold Mounting Jewelry with Lab Grown Diamond, Combination Jewelry with Lab Grown Diamond, Plain/Studded Platinum Jewelry with Lab Grown Diamond thereof at Plot No # GJ-02, SEEPZ ++ in an area admeasuring 254.06 sq.mtr. with an annual capacity of 36,000 pieces.

Decision : After deliberation, the Committee noted that the applicant had withdrawn the proposal due to technical issue in the management.

Agenda Item No.

03 :-Application for setting up new unit - M/s. Cupid Heart Jewellery LLP

M/s. Cupid Heart Jewellery LLP had submitted the application for setting up new unit for manufacture and export of Studded/Plain Gold Jewellery, Plain/Studded Silver Jewellery, Plain/Studded Platinum Jewellery, Gold & Silver Mounting Jewellery, Combination Jewellery of Diamond/CZ or other Precious/Semi-Precious Stones/Lab Grown Diamond at Unit No. GJ-19, SDFVI, in an area admeasuring 630 sq.mtr. with an annual capacity of 1,85,000 pieces.

Decision : After deliberation, the Committee approved the proposal of M/s. Cupid Heart Jewellery LLP for setting up new unit for manufacture and export of Studded/Plain Gold Jewellery, Plain/Studded Silver Jewellery, Plain/Studded Platinum Jewellery, Gold & Silver Mounting Jewellery, Combination Jewellery of Diamond/CZ or other Precious/Semi-Precious Stones/Lab Grown Diamond at Unit No. GJ-19, SDF-VII in an area admeasuring 630 sq.mtr. with an annual capacity of 1,85,000 pieces.

Agenda Item No. 04 :- Application received for permission for Third Party Repair - M/s. Kama Jewelry Pvt Ltd., Unit-II

M/s. Kama Jewelry Pvt Ltd.,Unit-II had submitted the application for Permission for Third Party Repair for manufacture and export of Gold, Silver & Platinum Studded with Diamonds, CZ, CS & Lab Grown Diamond Jewellery and Plain Gold, Silver & Platinum Studded with Diamonds, CZ, CS & Lab Grown Diamond Studded Jewellery and Combination Jewellery with an anticipated volume per annum as under and no change in the projections: -

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----- Start of picture text ----- Sr. Description of Items PCS to be Labour No. Repaired Charges 1. old, Silver & Platinum Studded with Diamonds, CZ, CS & Lab|20,000 PCS US$ rown Diamond Jewellery and Plain Gold, Silver & Platinum (Per 80,000.00 tudded with Diamonds, CZ, CS & Lab Grown Diamond Studded] Annum). | (Per Annum) ewellery and Combination Jewellery. ----- End of picture text -----

Projections:-

)

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----- Start of picture text ----- Sl. P Existing 5 years | Existing 2 years | Proposed for 2 years No. (approved) 2019- | (approved) 2023- | 2022-23 to 2023-24 20 to 2023-24 23 to 2023-24 | for third party repair (C/) (C/) (1US$ = Rs. 69.50) Rs. In Lakhs IRs. In Lakhs Rs. In US'000 1. Lakhs 2. [ImportOB valueof Machine of expo r tsy 1,35,1554 0.00 58,5524 0.00] 58,5524 0.00] 84,23 45.00 3. otal Import of Raw Material and 1,08,450.00 43,922.00} 43,922.00] 63,197.00 omponents 3 (a)[Unused/used, new, broken 2,928.00] 2,928.00) 4,212.95 jewellery for repair/Third Party Repair Remaking and Remelting and others Inputs ect. |)a mport of spares & consumables 405.00 175.00 175.00 252.00 4. epatriation of dividends and profits to foreign collaborates |aae Payment on training of Indian ech. abroad 136,00 800] S800] 3.00 875.00 425.00} 425.00 612.00 12. |Amount of interest to be paid on IECB Any other payment 350.00 170.00] 170.00] 245.00 14, ffotal(2to13) SC=s@Y 1,10,756.00 47,918.00] 47,918.00] 68,947.00 15. NFE(I-14) SCs 24,394.00 10,632.00] 10,632.00] 15,298.00 ----- End of picture text -----

Decision :- After deliberation, the Committee approved the proposal of the unit for Third Party Repair for manufacture and export of Gold, Silver & Platinum Studded with Diamonds, CZ, CS & Lab Grown Diamond Jewellery and Plain Gold, Silver & Platinum Studded with Diamonds, CZ, CS & Lab Grown Diamond Studded Jewellery and Combination Jewellery subject to compliance of Instruction No. 51 dated 25.03.2010 issued by MOC&I read with Public notice no. 01/2010 dt. 08.04.2010 and corrigendum dt. 26.04.2010.

Agenda Item No. 05 :- Application for Mid-term Projections for remaining 1 year 2022-23 on additional Import - M/s. Fine Jewellery (1) Ltd.

M/s. Fine Jewellery (I) Ltd has submitted the application for Mid-term Projection for remaining | year i.e. 2022-23 due to increase in the projections on additional import and exports and the details are as under :-

Projections:-

(Figs.Rs. in lakhs)

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||||||||||
|---|---|---|---|---|---|---|---|---|
|Particulars|Approved|Approved|projection|Proposed|Revised|
|Projection|for|1|Year|ie,|2022-[Projection|for|1|Year|
|For|five|year3|2022-23|
|2018-19|to|2022-|
|23|S$1=Rs.|72|
|Lakhs)|
|import ofMachiney|| ___-|||-|J|-|~]~ =|
|remaining|&|remelting|
|imports|
|ellaof|A|a|eS|
|Consumables|
|crusTT|
|to|foreign|collaborates|
|potcofwcgpeammmeprofits||||||
|F|[LompsumLsee|ee|ee|
|Design & DrawingKnowhowfee fees||||_-=|||---|).=|+||J]|
|Payment|of foreign technicians||__||=|+||||
|tech.|Abroad|
|cl|
|[Commission onexport||__||>|+4|
|ForignTvel|||dT|Sd|
|i|
|AnyECB otherpayment|«||—-—~«d|a|SSaSida|a|

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Decision :- After deliberation, the Committee approved the proposal for mid-term projection of 1 year i.e. 2022-23 in terms ofRule 19 (2) of the SEZ Rules 2006.

Agenda Item No. 06 :-Application for capacity enhancement of existing approved items to be manufactured from 1,00,000 PCS to 1,50,000 PCS. — M/s. K P Sanghvi International Pvt Ltd.

M/s. K P Sanghvi International Pvt Ltd., had submitted the application for capacity enhancement of existing approved item of manufacture from 1,00,000 PCS to 1,50,000 PCS. The ~ details are as under:-

Items to be manufactures with capacity of production:-

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----- Start of picture text ----- Capacity | Capacity Plain & Studded Silver/Platinum Jewellery, Titanium/Stainless Steel Brass PCS ----- End of picture text -----

;

mrvaloy-GxmrSwateliovciigNaPa ladium l niul[Jewellery,][Ceramic][Studded][ Jewelllery] | Diamonds, Diamonds Particles, Rough Diamond, Precious Semi-Precious |1000.00 PCS Stones and CZ —————

Capacity Enhancement of items to be Manufactured:-

Plain Capacity Capacity Quantity Gold Jewellery, Studded Gold Jewellery, Cut & Jewellery, Titanium/Stainless Steel Brass Jewellery PCS PCS Studded with Diamonds and Precious Stones, Plain & 1,50,000.00 Studded Palladium Jewellery, Ceramic Studded Jewelllery PCS Precious Metal Combine with Non Precious Items Studded

Precious Semi-Precious Stones and CZ

The details of current projections are as under:-

i.e. 2022-23 to 2026-27.

Repatriation of dividends and profits to foreign collaborates | _-[ CN 2 ER 0a S.Pesign & Drewingtes 10, PaymtSSC e nt ofchnisians—~— foreign S ~S~S i. Payment on taining of Indian tech abroad _————<dSSS 13. SCSCommission on expo 15. Amount of interest to bepaidonECS SSS is. NFE@I)SSOSCSCSCSOSOOCSC*dS86725] 76,635.80

Decision : After deliberation, the Committee approved the proposal of the unit for capacity enhancement of existing approved capacity of 1,00,000 PCS to 1,50,000 PCS under the Rule 19 (2) of SEZ Rules, 2006.

Agenda Item No. 07:- Monitoring of Performance- M/s. Elysian Designs

The unit has submitted the APR for the period 2019-20 & 2020-21 duly certified by Chartered Accountant. The export and import data for the period 2019-20 & 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 2019-20 & 2020-21, as the unit has achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules, 2006.

Agenda Item No. 08 :- Monitoring of Performance of M/s. Uni-Design Elite Jewellery 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 had achieved positive NFE on cumulative basis in terms of Rule 54 ofSEZ Rules 2006.

Agenda Item No. 09 :- Monitoring ofPerformance of M/s. MFR Electronic Components Pvt. Ltd.

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 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 had achieved positive NFE on cumulative basis in terms of Rule 54 ofSEZ Rules 2006.

Agenda Item No. 10:- Monitoring of Performance- M/s. Steckbeck Jewelry Pvt. Ltd. (Service Unit)

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 ofSEZ Rules, 2006.

The Committee also directed the Specified Officer, SEEPZ SEZ to initiate action on issuance ofShow Cause Notice for delay in submission ofAPR for the period 2020-21

Agenda Item No. 11:- Monitoring of Performance- M/s. Cherokee India Pvt. Ltd.

verify The Committee also directed the Specified Officer, SEEPZ SEZ to visit the Unit to report[within] the no.[a] of[weeks'] employees[time.] vis-a-viz the exports on the occupied space and furnish the

Agenda Item No, 12:- Monitoring of Performance- Munic Jewellery

The unit has submitted the APR for the period 2019-20 and 2020-21 duly certified by Chartered Accountant. The export and import data for the period 2019-20 & 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 pertormance of the unit for the period 2019-20 & 2020-21, as the unit has achieved positive NFE on cumulative basis in terms ofRule 54 ofSEZ Rules, 2006.

The Committee also directed the unit to:-
- clear the outstanding rental dues at the earliest.
expedite the execution ofsub-lease agreement immedia tely.

Agenda Item No. 13:- Monitoring of Performance- M/s. Webify Services (India) Pvt. Ltd.

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 NIL performance of the unit for the period 2019-20, as the unit has achieved positive NFE on cumulative basis in terms of Rule 54 ofSEZ Rules, 2006.

against Tt he unitCommittee under Puba l soic Premisdirect e sd Actthe 1971.Estate Section to initiate eviction proceedings

Agenda Item No. 14:- Monitoring of Performance- M/s. Jewel Nxt.

File NO.S-SEZ-11/11/2U21-SEEPZ-SEZ

The Committee also directed the unit to pay the outstanding dues immediately.

Agenda Item No. 15:- Monitoring of Performance- M/s. Quality 20/20.

Agenda Item No. 16:- Monitoring ofPerformance- M/s. United Jewellery Mfg. Pvt. Ltd.

The Committee also directed the Specified Officer, SEEPZ SEZ to initiate action on issuance ofShow Cause Notice for delay in submission ofAPR for the period 2020-21

Meeting ended with the vote of thanks to the Chair.

Signed by Shri. Shyam Jagannathan Date: 01-12-2022 05:11:28 Reason: Approved

Commissioner

Chairperson-cum-Development

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