Minutes of the Approval Committee meeting of SEEPZ-SEZ held on 22.05.2018

MINUTES OF THE MEETING OF THE APPROVAL COMMITTEE HELD UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER FOR SEEPZ-SEZ ON 22ND MAY, 2018.

1. Name of the SEZ 2 . Meeting No.
2. Date Members Present:-

Shri. V P Shukla Joint Development Commissioner Shri. Vikas Bansal Joint Commissioner Smt. S.R. Motwani Dy. DGFT, Mumbai Shri. M.H. Hingorani Asstl. Commissioner of Cu stoms SEEPZ-SEZ 125th 22nd May, 2018 Member Nominee of Income Tax, Mum bai Nominee of the Zonal DGFT, Nominee of Air Cargo Complex Mumbai 5. Shri. Sanjay Korabu Industries Inspector Nominee Directorate of Industries Special Invitee:- 6. Shri. Pravin Chandra, Joint Development Commissioner. 7. Shri. Ashish Mishra, Specified Officer, SEEPZ-SEZ Agenda Item No. 01:- Confirmation of the Minutes of the 123rd & 124th Meeting held on 26.04.2018 & 02.05.2018. The Minu tes of the meeting held on 26.04.2018 & 02.05.2018 were confirmed. Agenda Item No. 02:- Application received for Monitoring of Performance- M/s. Candor India Pvt. Ltd., Decision :- After deliberation, the Committee has noted the performance of the unit for the period 2010-11 to 2014-15, that the unit has Jailed to achieve positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules, 2006. The Committee also directed: :,... Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting toRs. 17,36,470/ immediately. :,... Submit the proposal of renewal if the Unit wishes to continue their project. ).- Issue consolidated Show Cause Notice for non-performance, non- submission of APR for the year 2013-14 & 2014-15, non-filing of Softex and non-execution ofthe Bond-cum-LUT. ).- Initiate action under Public Premises Act, 1971

Obtain legal opinion for lapse of the validity period of the LOA for the intervening period. ...2/-

2 Agenda Ite m No. 03:- Application received for Monitoring of Performance - M/ s . Vishal Diamonds Decision :-After deliberation, the Committee has noted the performance of the unit for the period 2004-05 to 2008-09, that the unit has failed to achieve positive NFE on ,. Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting to Rs. 2, 237 I- immediately. Y Submit the proposal of renewal if the Unit wishes to continue their project. );.- Issue consolidated Show Cause Notice for non-operation for the period 2009-10 to 2017-18. };.> Initiate action under Public Premises Act, 1971 };.> Obtain legal opinion for lapse of the validity period of the LOA for the intervening period. Agenda Ite m No. 04 :- Application received for Monitoring of Performance- M/ s . Asia Pacific IT Solutions Pvt. Ltd., Decision :-After deliberation, the Committee has noted the performance of the unit for the period 201 0-12 to 2015-16, that the unit has achieved Positive NFE on The Committee also directed : ,. Issue consolidated Show cause notice for non-performance of the Unit, non-submission of Softex and take up the matter with RBI for realization. ).- Further Initiate action for Exit from the SEZ scheme on compliance of all procedures. Agenda Ite m No. OS :- Application received for Monitoring of Performance- M/ s. Gitanjali Gems Ltd., (Gemplus Jewellery Division) Unit I Decision :- After deliberation, the Committee has noted the performance of unit for the 2013 11 to 2016-1 7, that the unit has achieved Positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules, 2006. ).> Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting to Rs. 2, 45, 603/- immediately. ;. Initiate eviction proceedings under Public Premises Act, 1971 ;;... Issue consolidated SCN for customs/ estate/ labour dues. ;;... Initiate action for Cancellation of IEC followed by debonding procedure of LOA. ~ Inform Enforcement Directorate about Customs duty liability and other dues. :.- Obtain the status of the pending foreign exchange realization from RBI . .... 3/-

3 Agenda Item No. 06:- Application received for Monitoring of Performance- M/ s. Gitanjali Gems Ltd., (Gemplus Jewellery Division) Unit II Decision :- After deliberation, the Committee has noted the performance of the unit for the period 2013-14 to 2016-1 7, that the unit has failed to achieve Positive NFE on r Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting to Rs. 73,221/- immediately. )..- Initiate eviction proceedings under Public Premises Act, 1971 )..- Issue consolidated SCN for customs/ estate/ labour dues. r Initiate action for Cancellation of IEC followed by debonding procedure of LOA. :,.. Inform Enforcement Directorate about Customs duty liability and other dues. )..- Obtain the status of the pending foreign exchange realization from RBI. Agenda Item No. 07 :- Application received for Monitoring of Performance- M/ s . Star Brillian Pvt. Ltd., Unit II Decision :- After deliberation, the Committee has noted the performance of the unit for the period 2011-12 to 2015-16, that the unit has achieved Positive NFE on The Committee also directed to: } Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting toRs. 5,27,577/- immediately. ;;... Renewal of projections for the period 2016-17 to 2020-21 subject to clearance of gout. dues. ,. Action under Public Premises Act, 1971 for non-execution of tenancy agreement and gout. dues. Agenda Item No. 08 :- Application received for Monitoring of Performance- M/ s. Renaissance Jewellery Ltd., Unit I Decision :-After deliberation, the Committee has noted the performance of the unit for the p eriod 2013-14 to 2016-1 7, that the unit has achieved Positive NFE on ).- Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting toRs. 1, 71,775/- immediately. . .. .4/-

4 Agenda Item No. 09 :- Application received for Monitoring of Performance- M/ s . Renaissance Jewellery Ltd., Unit III Decision :- After deliberation, the Committee has noted the performance of the unit for the period 2013-14 to 2016-17, that the unit has achieved Positive NFE on r Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting to Rs. 29,040/- immediately. Agenda Item No. 10 :- Application received for Monitoring of Performance- M/ s. Renaissance Jewellery Ltd., Unit V Decision :--After deliberation, the Committee has noted the performance of the unit for the period 2014-15 to 2016-17, that the unit has achieved positive NFE on Agenda Item No. 11 :- Application received for Monitoring of Performance- M/ s . Renaissance Jewellery Ltd., Unit VI Decision :- After deliberation, the Committee has noted the performance of the unit for the period 2015-16 & 2016-17, that the unit has achieved positive NFE on Agenda Item No. 12 :- Application received for Monitoring of Performance- M/ s . Spark Jewellery Pvt. Ltd. Decision :-After deliberation, the Committee has noted the performance of the unit for the period 2013-14 to 2016-17, that the unit has achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules, 2006 .. The Committee also directed the Unit to clear the pending foreign exchange realization and submit the documents to this office. Agenda Item No. 13:- Application received for Monitoring of Performance- M/ s. Lucky Star Jewellery Exports (I) Pvt. Ltd., Trading Division Decision :- After deliberation, the Committee has noted the performance of the unit for the period 2009-1 0 to 2012-13, that the unit has achieved positive NFE on r Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting toRs. 4,34, 795/- immediately. 'Y Issue consolidated Show Cause Notice for non-performance of the Unit and non-payment of gout. dues. r Initiate action for exit ofthe Trading Unit w.r.t. LOA dated 06.08.2008 . ...... 5/-

5 Agenda Item No. 14 :- Application received for Monitoring of Performance- M/ s. Interjewels Designs Decision :-After deliberation, the Committee noted the performance of the unit for the period 2013-14 to 2016-1 7, that the unit has achieved positive NFE on );- Estate Section to initiate action for Clearance of dues i.e. Fine & Penalty amounting to Rs. 11, 58, 990/- immediately. Chairperson-cum-Development Commissioner