Minutes of the Approval Committee meeting of SEEPZ-SEZ held on 23.08.2023

:

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

aa

MINUTES OF 178 MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER ON 23'¢ AUGUST, 2023 THROUGH VIDEO CONFERENCING.

==> picture [432 x 311] intentionally omitted <==

----- Start of picture text -----<br>

1. Name of the SEZ : SEEPZ-SEZ<br>Meeting No. 3 (7<br>Date : 23.08.2023<br>Members Present:<br>No. Name of Members Designation Organization<br>Sar. C.eP eS. Jt. Development feet<br>2 Shri.PEE HESh Lal. JointIncomeCommissionerTax autilya[Nomince Bhawan,of IncomeBandra, Tax office,<br>Mumbai.<br>@ hri, Wimanshu |p esuty Director DGFT Nomin e of the DGFT, Mumbai<br>iphar Pandey eputy Director omincee of the , Mumbai.<br>4 jSmt. Kirti Deputy Director Nominee of Directorate of<br>IDeshmukh Industries Industries, Mumbai.<br>5 Shri. Sandeep uperintendent of apace os Cee saner Bt<br>Kumar ustoms, General, Air Cargo, i<br>ustoms ahar.<br>----- End of picture text -----<br>

2. Meeting No.

3. Date

Members Present:

Special Invitees:-

1. Shri. Anil Chaudhary : Specified Officer, SEEPZ-SEZ 2. Shri. Prasad H Varwantkar : Deputy Development Commissioner, SEEPZ-SEZ

Smt. Bridget Joc, EA to DC/ADC i/c (SEEPZ-SEZ), Shri. Haresh K. Dahilkar, ADC (New-SEZ), Shri. Manish Kumar, ADC (New-SEZ), Shri. Ravindra Kumar, Assistant, Smt. Rekha Nair, Assistant and Shri. GS Bhandari, Assistant also attended for assistance and smooth functioning of the mecting.

Agenda Item No. 01: Confirmation of the Minutes of the 177" Meeting held on 28.07.2023.

The Minutes of the mecting held on 28.07.2023 were confirmed with consensus.

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

:

Agenda Item No. 02 :- Application for Mid-term Revision with Third Party Repair for remaining period of 4 years i.e. 2023-24 to 2026-27 of M/s. Jewelspark LLP

The unit had submitted application for Permission for third party repair from overseas Customer for remaining period of4 years i.e. 2023-24 to 2026-27.

During the discussion with the representative of the unit, the Committec observed that the requirement of third party repairs is 32,000 pieces for remaining 4 years, whereas, the unit had made application for 32,000 pieces per annum. Therefore, the unit was asked to submit revised application stating the actual no. of jewellery pieces proposed for third party repairs.

||Vide letter dated 23.08.2023, the unit has mentioned that they require third|Vide letter dated 23.08.2023, the unit has mentioned that they require third||
|---|---|---|---|
|.|party repair permission for 32000 pcs for 4 years and|they will repair their expori||
||goods as well as goods procured from various suppliers by their overseas clients.|||
||Further,<br>they have<br>also<br>confirmed<br>that<br>they have|read and<br>agreed<br>to<br>follow||
||Instruction No.51 dated 25.03.2010 issued by MoC&l. The details of third party|||
||repair for remaining period of4years arc as follows<br>:|||
||Sr.<br>Description ofItems tobeRepaired|PCS tobe |ApproxLabour|||
||1<br>Plain and Studded Gold/Silver/Platinum<br>and}|32000 | $ 3,20,000.00||
||-alladium<br>Jewelry.<br>Base<br>Mctal<br>(Steel/Copper/Brass/Titanium/Tungsten)<br>clad|||<br>||
||ith<br>precious<br>metal<br>either<br>unstudded<br>or|||
||Studded with diamond, colour stonc, CZ and<br>Syntheticstone.|||<br>||

During the discussion, the Development Commissioner observed that the implementation of the Instruction No. 51 is not monitored by Customs and a mechanism to be devised to do so

Decision: After deliberation, the Commitice approved the proposal of Mid-term Revision with third party repair for remaining period of 4 years i.c. 2023-24 to 2026-27 of M/s. Jewelspark LLP subject to compliance of Instruction 51, dated 25.03.2010 issucd by MoC&l and also directed the Specified Officer, SEEPZ-SEZ to monitor the details for third party repair henceforth for all such permissions granted to the units.

AgendaItem No.03 _: Application received for Change in Shareholding Pattern & Board of Directors of M/s. Course 5 Intelligence Limited

M/s. Course 5 Intelligence Limited had submitted the application for Committee has noted that the unit has not submitted (1) Copy of ROC (2) Forn

7 ’

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

yon

a

DIR12 (i.e Appointment of Directors).

In this regard, the unit representative stated that due to technical issues with ROC website, forms are in process of filing for appointment of Shri. Kumiar Mehta, Shri. Chetan Naik and Shri. Pranav Parikh and on filing with ROC, they will submit the said documents.

Decision : After deliberation, the Committee deferred the proposal of the unit and instructed to submit the (1) Copy of ROC (2) Form DIR12 (i.e Appointment of all Directors) and after submission of the same, the proposal may be placed in the next Approval Committee Meeting.

Agenda Item No. 04: Application for Additional Input Services required for their Authorized Operations of M/s. Tiger Jewellery (India) Pvt. Ltd

The unit requested for Additional input Services which are not covered under

default list of services as per details given below:

|Sr.||Additional Services|Justification||||
|---|---|---|---|---|
|No.|||||
|1|ny other services|[Club orMMembership|in|various<br>export<br>promotion||
||association services||associations|as well as seepz association.||
|2|ny<br>other|servicesiCommission|and|other intermediary services|
||(Business<br>Auxiliary ffalls under Business Auxiliary services.||||
||ervices|||||

Decision:

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

1. 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 monthly details of commission paid to their service providers.

Agenda Item No. 05: Application for Additional Input Services required for their Authorized Operations of M/s. Vishal Diamonds.

The unit requested for Additional Input Services which are not covered under

default list of services as per details given below:

Sr.	[Additional	Services		Justification
No.
1	ny other services		[Club or(Membership		in	various<br>export<br>promotion
	association services]			associations	as well as scepz association
2	ny	other	services\Commission		and	other intermediary services
	[Business		Auxiliary	fallsunderBusinessAuxiliaryservices.

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

During the discussion, the representative of the unit informed that he appeared before the Committee for their request of third party repair permission and he was not aware about ihcir application for list of services. Decision : After deliberation, the Committce deferred the proposal for additional input services as the Unit Representative was not aware about submission of thcir application dated 01.07.2023 for additional input services.

°

:

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

}

Pe

Agenda Item No. 06: Application for Additional Input Services required for Authorized Operations of M/s. Eco-Friendly Diamonds LLP

The unit requested for Additional Input Services which are not covered under default list of services as per details given bclow:

==> picture [438 x 98] intentionally omitted <==

----- Start of picture text -----<br> Sr. |Additional Services Justification<br>No.<br>1 ny other services as [ClubJMMembership in various export promotion<br>or association services] associations as well as secpz association.<br>2 ny other services as(Commission and other intermediary services|<br>[Business Auxiliary serviccs] falls under Business Auxiliary services.<br>Decision :<br>----- End of picture text -----<br>

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

. 2.1. AnyAny otherother servicesservices |[ BusinessClub or associationAuxiliary services]services] The Committee also directed the unit to submit to Specified Officer, the monthly details of commission paid to their service providers. Agenda Item No. 07:[Monitoring][of][Performance][of][M/s.][Fusion][Jewellery][Mfg.] Co. Pvt. Ltd-Il for the period of 2 years i.e. 2020-21 & 2021-22 i

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 202021 & 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 2020-21 & 2021-22 as the unit had 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. Aplab period of 2 years i.e. 2020-21 & 2021-22

Ltd, for the

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 2.1 & 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 2020-21 & 2021-22, as the unit had achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006.

The Committee directed the unit to

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

i. Clear the pending ducs immediately; and

ii. submit the registered sub-lease agreement.

Agenda Item No. 09 :Monitoring of Performance of M/s. Amore Jewels Pvt. Ltd for the period of 3 years i.e. 2020-21,2021-22 and 2022-23.

The unit has submitted the APRs for the period 2020-21, 2021-22 and 202223 duly certified by Chartered Accountant. The export and import data for the period 2020-21,2021-22 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 Committce noted the performance of the unit for the period 2020-21,2021-22 and 2022-23, as the unit had 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 as per Rules.

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

(Rajesh Kumar Mishra, IRS) Chairperson-cumDevelopment Commissioner, SEEPZ SEZ.

Signed by Chanderpalsingh Chauhan

Date: 12-09-2023 19:30:27 Reason: Approved