Minutes of the Approval Committee meeting of SEEPZ-SEZ held on 06.12.2023
MINUTES OF 181st MEETING OF THE APPROVAL COMMITTEE FOR SEEPZ SEZ HELD UNDER THE CHAIRMANSHIP OF SHRI R. K. MISHRA, DEVELOPMENT COMMISSIONER ON 06TH DECEMBER, 2023.
-
Name of the SEZ : SEEPZ-SEZ
-
Meeting No. : 181st
-
Date : 06.12.2023
Members Present:
Sr. No. Name of Members Designation Organization 1 Shri. C. P. S. Chauhan Jt. Development Commissioner, SEEPZ-SEZ. 2 Shri. Leider Panicker Joint Commissioner Income Tax Nominee of Commissioner of Income Tax, Mumbai. 3 Shri. Himanshu Dhar Pandey Deputy Director DGFT Nominee of the Addl. DGFT, Mumbai. 4 Smt. Kirti Deshmukh Deputy Director Industries Nominee of Development Commissioner of Industries, GoM, Mumbai. 5 Smt. Sunita Jagtap Superintendent of Customs Nominee of Commissioner of Customs, General, Air Cargo, Sahar.
Special Invitee:-
- Shri. Anil Chaudhary : Specified Officer, SEEPZ-SEZ
- Shri. Prasad H Varwantkar : Deputy Development Commissioner, SEEPZ-SEZ
Shri. Hanish Rathi, ADC (SEEPZ-SEZ), Shri. Manish Kumar, ADC (New-SEZ), Shri. Palash
Shankar, ADC, (New-SEZ), Smt. Rekha Nair, Assistant, Shri. Ravindra Kumar, Assistant, Shri.
Jagdish Gaur, LDC and Ms. Divyanshi Goel, LDC also attended for assistance and smooth functioning
of the meeting.
Agenda Item No. 01: Confirmation of the Minutes of the
180
th Meeting held on
01.11.2023.
Decision: The Minutes of the meeting held on 01.11.2023 were confirmed with consensus.
Agenda Item No. 02 : Application received from M/s. Ashir Services Pvt. Ltd for broad
banding of trading activity with Capacity Enhancement.
The unit submitted the application for broad banding of trading activity with Capacity
Enhancement with revised projection for remaining period of 3 years i.e. 2023-24 to 2025-26 and the
details of proposed items for trading activity as per agenda item.
File No.S-SEZ-11/11/2021-SEEPZ-SEZ
Decision: After deliberation, it was observed that the unit is not providing all the services as per the LOA and hence directed the unit to request for amendment in the LOA. The Committee deferred the proposal of broad banding of trading activity with Capacity Enhancement and directed Specified Officer to inspect the present operations being carried out by them and also examine the request of the related proposed broad banding items for trading activity.
Agenda Item No. 3: Application received from M/s. S G Designs Pvt. Ltd for Broad Banding of
items.
The unit had submitted the application for Broad Banding of items in terms of Rule 19 (2) of SEZ
Rules 2006 as per details given in agenda item.
Decision: After deliberation, the Committee approved the proposal of the unit for Broad Banding of
items in terms of Rule 19 (2) of SEZ Rules 2006 and subject to condition that the Mother of Pearls
would be sourced only from overseas market and will be not be procured from domestic tariff area.
Specified Officer will take measures to ensure adherence of the rules and procedure related to the
subject procurement.
Agenda Item No. 04 : Application received from M/s. Global Jewellery Pvt. Ltd for Broad
Banding of Items.
The unit submitted the application for Broad Banding for following items:-
- Import of articles like brooches, wristwatches, hairpins, belt buckles, cuff-links, tie pins, anklets and shoes for the purpose of re-exporting them adorned with Gold/ Silver/ Platinum and studded with diamonds/ colour stones.
- Import of Sports Shoes for Re-exporting the same after fixing silver/gold/platinum logo studded with Diamond.
Decision: After deliberation, the Committee approved the proposal of the unit for Broad Banding within the existing projections in terms of Rule 19 (2) of SEZ Rules 2006 for the following items :
- Import of articles like brooches, wristwatches, hairpins, belt buckles, cuff-links, tie pins,
anklets and shoes for the purpose of re-exporting them adorned with Gold/ Silver/ Platinum and studded with diamonds/ colour stones. - Import of Sports Shoes for Re-exporting the same after fixing silver/gold/platinum logo
studded with Diamond. The aforesaid permission will be for enabling to explore and enhance the business opportunities presently being fulfilled by other countries and subject to 100% examination by Customs at the time of Import & Export. Agenda Item No. 5: Application received from M/s. Suashish Diamonds Ltd for permission
for Third Party Repair The unit submitted application for permission for Third Party Repair as per the details given in agenda. Decision: After deliberation, the committee approved the proposal for Third Party Repair subject to
compliance of Instruction no. 51 dated. 25.03.2010 read with Public Notice no. 01/2010 dt. 08.04.2010 and a corrigendum to that effect on 26.04.2010 and also subject to the condition that:- i. The import of the items will only be for the purpose of repairs and re-export only. ii. The basic identity of the jewellery imported shall not change. iii.The repairs will be carried out within the allotted premises iv.Proper detailed description of the jewellery to be imported for repairs and eventually exported shall be given to the Customs. v. 100% examination shall be carried by SEEPZ Customs at the time of imports as well as exports of the same to establish identity vi.The activity will be restricted to 5% of previous year FOB value of export in respect of LOA dated 25.03.2008 vii.The provisions of SEZ Act, Rules and order made thereunder shall be complied. viii.The permission granted will be subject to review.
Agenda Item No. 06 :- Application received from M/s. Euroshine Jewellery Works Pvt. Ltd. for reduction in capacity on deletion of
location
i.e. Unit
No. 701, SDF - VIII SEEPZ-SEZ admeasuring a total area 260 Sq.mtr,
and downward revision of Projection for the period of
2 years i.e.
2023-24 to 2024-25.
The unit submitted the application for reduction in capacity on deletion of location i.e. Unit No. 701, SDF - VIII SEEPZ-SEZ admeasuring a total area 260 Sq.mtr, and downward revision of Projection for the period of 2 years i.e. 2023-24 to 2024-25. The details of revision of projections, due to deletion of area are given in agenda item. The representative of the unit explained that due to nature of the current building (SDF-VIII) they are not able to manufacture the goods and hence they are requesting for deletion of area. They will submit their application for fresh area as soon as the details of vacant area are available. Decision: After deliberation, the Committee approved the proposal of the unit for reduction in capacity on deletion of location i.e. Unit No. 701, SDF - VIII SEEPZ-SEZ admeasuring a total area 260 Sq.mtr, and downward revision of Projection for the period of 2 years i.e. 2023-24 to 2024-25 in terms of Proviso Rule 19(2) of the SEZ Rules, 2006.
Agenda Item No. 08 : Application received from M/s. Twinkle Diamond Jewellery (India)
Pvt. Ltd
for reduction in capacity on deletion
of location i.e. Unit
No. 702, SDF-VIII, SEEPZ-SEZ.
The unit has submitted application for reduction in capacity on deletion of location i.e. Unit No. 702, SDF - VIII SEEPZ-SEZ admeasuring a total area 260 Sq.mtr, and downward revision of Projection for the period of 3 years i.e. 2023-24 to 2025-26. The details of revision of projections, due to deletion of area are given in agenda item. The representative of the unit explained that due to nature of the current building (SDF-VIII) they are not
able to manufacture the goods and hence they are requesting for deletion of area. They will submit their application for fresh area as soon as the details of vacant area are available. Decision: After deliberation, the Committee approved the proposal of the unit reduction in capacity on deletion of location i.e. Unit No. 702, SDF - VIII SEEPZ-SEZ admeasuring a total area 260 Sq.mtr, and downward revision of Projection for the period of 3 years i.e. 2023-24 to 2025-26 in terms of Proviso Rule 19(2) of the SEZ Rules, 2006. Agenda Item No. 08 : Application received from M/s. Luxury Jewelry (India)Private
Limited. for reduction in capacity on deletion of location i.e. Unit No.
703&704, SDF - VIII SEEPZ-SEZ admeasuring a total area 730 Sq.mtr,
and
downward revision of Projection for the period of
1 year i.e. 2023-24
The unit has submitted the application for reduction in capacity on deletion of location i.e. Unit
No. 703 & 704, SDF - VIII SEEPZ-SEZ admeasuring a total area 730 Sq.mtr, and downward revision of Projection for the period of 1 year i.e. 2023-24. The details of revision of projections, due to deletion of area are given in agenda item. The representative of the unit explained that due to nature of the current building (SDF-VIII) they are not able to manufacture the goods and hence they are requesting for deletion of area. They will submit their application for fresh area as soon as the details of vacant area are available. Decision: After deliberation, the Committee approved the proposal of the unit for reduction in capacity on deletion of location i.e. Unit No. 703 & 704, SDF - VIII SEEPZ-SEZ admeasuring a total area 730 Sq.mtr, and downward revision of Projection for the period of 1 year i.e. 2023-24 in terms of Proviso Rule 19(2) of the SEZ Rules, 2006.
Agenda Item No.09 : Application for Additional Input Services required for Authorized
Operations of M/s. Omega Jewellery
The unit requested for Additional Services which are not covered under default list of services as per details given below :-
Sr. No. List of Additional Services Justification 1 Any other services as [Club or association services] Membership in various export promotion associations as well as SEEPZ Association. 2 Any other services as [Business Auxiliary services] Commission and other intermediary services falls under Business Auxiliary services. Decision : After deliberation, the Committee approved the following Input services required for authorized operations to the unit:
- Club or association services
- Business Auxiliary services
The Committee also directed the unit to submit to Specified Officer, the quarterly details of commission paid to their service providers.
Agenda
Item
No.
10:
Application
for
Additional
Input
Services required for
Authorized Operations of M/s. Omnia Jewels LLP
The unit requested for Additional Services which are not covered under default list of services as
per details given below :-
Sr. No. List of Additional Services Justification 1 Any other services as [Club or association services] Membership in various export promotion associations as well as SEEPZ Association. 2 Any other services as [Business Auxiliary services] Commission and other intermediary services falls under Business Auxiliary services. Decision : After deliberation, the Committee approved the following Input services required for authorized operations to the unit:
- Club or association services
- Business Auxiliary services
The Committee also directed the unit to submit to Specified Officer, the quarterly details of commission paid to their service providers.
Agenda Item
No.
11:
Application for
Additional
Input
Services required for
Authorized Operations of
M/s. Tiana
Jewellery Exports Pvt. Ltd.
The unit requested for Additional Services which are not covered under default list of services as
per details given below :-
Sr. List of Additional Services Justification
No. 1 Any other services as [Club or association services] Membership in various export promotion associations as well as SEEPZ Association. 2 Any other services as [Business Auxiliary services] Commission and other intermediary services falls under Business Auxiliary services.
Decision : After deliberation, the Committee approved the following Input services required for authorized operations to the unit:
- Club or association services
- Business Auxiliary services
The Committee also directed the unit to submit to Specified Officer, the quarterly details of commission paid to their service providers.
Agenda
Item
No.12: Application for Additional Input Services
required for Authorized
Operations of M/s. Sitara Diamond Pvt. Ltd.
The unit requested for Additional Services which are not covered under default list of services as
per details given below :-
Sr. No. List of Additional Services Justification 1 Any other services as [Club or association services] Membership in various export promotion associations as well as SEEPZ Association. 2 Any other services as [Business Auxiliary services] Commission and other intermediary services falls under Business Auxiliary services.
Decision : After deliberation, the Committee approved the following Input services required for authorized operations to the unit:
- Club or association services
- Business Auxiliary services
The Committee also directed the unit to submit to Specified Officer, the quarterly details of commission paid to their service providers.
Agenda Item No. 13: Monitoring of Performance of M/s. Shankar Jewels Ltd for the period
of 2 years i.e. 2020-21 & 2021-22.
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 2020-21 & 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 of 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 also directed that - a. Unit should clear the outstanding dues Rs.48,95,744.63/- immediately & also execute the sub- lease agreement on priority b. Unit should comply with the CRA objection c. Specified Officer should issue Show Cause notice for delay in submission of APRs d. Unit should clear the pending foreign exchange realization and Specified officer to monitor
the same. Agenda Item No. 14: Monitoring of Performance of M/s. Praxis Interactive
Services Pvt. Ltd
for the period of 1 year i.e. 2021-22.
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. The Unit also informed that their management is on the verge of closure of business and looking out for buyers, however could not find suitable buyers. Hence, the Unit requested for one year renewal of projections. 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 of SEZ Rules 2006. The Committee also directed to explore the possibilities of finding suitable entrepreneurs who are in need of buyers and initiate the procedure for allotment of space accordingly to ensure productive use of the space. Agenda Item No. 15: Monitoring of Performance of M/s. R B OneSource Pvt.
Ltd
for the
period of 4 year i.e. 2019-20 to 2022-23
The unit has submitted the APR for the period 2019-20 to 2022-23 duly certified by Chartered Accountant. The export and import data for the period 2019-20 to 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 Committee noted the performance of the unit for the period 2019-20 to 2022-23, as the unit had achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006. The Committee also directed Specified Officer to initiate action for issuance of Show Cause Notice to the unit for delay in submission of APR for the period 2019-20 to 2022-23. Agenda Item No. 16: Monitoring of Performance of M/s. Ornamentation (India)
Pvt. Ltd
for
the period
2021-22 & 2022-23
The unit has submitted the APR for the period 2021-22 & 2022-23 duly certified by Chartered Accountant. The export and import data for the period 2021-22 & 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 Committee noted the performance of the unit for the period 2021-22 to 2022-23, as the unit had achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006. Agenda Item No. 17: Monitoring of Performance of M/s. Pretty Jewellery Pvt.
Ltd for the
period of 1 year i.e. 2021-22
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.
Shri. Sailesh Mehta, Director of the unit, had requested for time period for pending foreign exchange
realization atleast till 31st March 2024 as they are following up seriously with their buyers and
submitted the papers before Bank of Baroda for approval which they are mostly likely to obtain by end
of Dec. 2023.
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 of SEZ Rules
2006.
The Committee also directed -
a. Specified Officer to initiate action for issuance of Show Cause Notice on non-submission of
APR for the period 2021-22 and
b. Specified Officer to also initiate action for issuance of Show cause notice for outstanding
export proceeds, if the Unit fails to comply with the same by March 2024 as committed by
them.
Agenda Item No. 18: Monitoring of Performance of M/s. Sitara Diamond Pvt. for the period
of 1 year i.e. 2022-23
The unit has submitted the APR for the period 2022-23 duly certified by Chartered Accountant. The
export and import data for the period 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 Committee noted the performance of the unit for the period 2022-23,
as the unit had achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006.
Agenda Item No. 19: Monitoring of Performance of M/s Trigyn Technologies Ltd for the
period of 1 year i.e. 2022-23
The unit has submitted the APR for the period 2022-23 duly certified by Chartered Accountant. The
export and import data for the period 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 Committee noted the performance of the unit for the period 2022-23,
as the unit had achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006.
Agenda Item No. 20: Monitoring of Performance of M/s. Transasia Bio Medical Ltd for the
period of 1 year i.e. 2021-22
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. The Unit representative also mentioned that their performance is less as they are shortage of space for import of machinery and subsequent exports. 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 of SEZ Rules 2006.
The Committee also directed Estate Section to explore the availability of space and carry out due procedure for allotment of space to assist the Unit in their endeavors for higher exports.. Agenda Item No. 21 :
Monitoring of Performance of M/s. Ammante Jewels for the period
2020-21, 2021-22 & 2022-23
The unit has submitted the APR for the period 2020-21, 2021-22 & 2022-23 duly certified by
Chartered Accountant. The export and import data for the period 2020-21, 2021-22 & 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 Committee noted the performance of the unit for the period 2020-21, 2021-22 & 2022-23, 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 immediately.
- Specified Officer to initiate action for issuance of Show Cause Notice for delay in submission of APR of the period 2020-21 & 2021-22
Agenda Item No. 22 :
Monitoring of Performance of M/s. Euro Diamonds Pvt. Ltd for the
period 2022-23
The unit has submitted the APR for the period 2022-23 duly certified by Chartered
Accountant. The export and import data for the period 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 Committee noted the performance of the unit for the period 2022-23, as the unit had achieved positive NFE on cumulative basis in terms of Rule 54 of SEZ Rules 2006. Agenda Item No. 23 :
Monitoring of Performance of M/s. Ashir Services Pvt
Ltd (Formerly Know as Anchorcert Analytical India Pvt. Ltd)
for the
period 2019-20. 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 meeting ended with a vote of thanks to the Chair.
(Rajesh Kumar Mishra, IRS)
Chairperson-cum-
Development Commissioner,
SEEPZ-SEZ
Verbatim extracted text (OCR/PDF). Older scans and tables may show extraction artifacts — verify against the original for anything you act on.
No analysis has been generated for this document yet.