Minutes of the Approval Committee meeting of SEEPZ-SEZ held on 07.02.2024
File No.S-SEZ-11/11/202'l-SEEPZ-SEZ fm 07 , 2024 'N f-zm .i *'l .wg'uam * v ':k.
h @ .qq'm ' @ isaffi ' ir 'mr;$r MINUTES
OF
183'a MEETING
OF THE
API)ROVAL
COMMITTEE
FOR SEEPZ
SEZ
HELD
UNDER
THE CHAIRMANSHIP
OF
DEVELOPMENT
COMMISSIONER
ON
07th FEBRUARY,
'@- u 'w Name
of the
SEZ
Q-b* nvar
183 =5f
'
07. 02.2024
sq2ci
a<n'i
- -II'T: Members
Present ' Sr. No. my Name of Members '-TJT Designation 'mm Organization 1 4. @. *. q. 'a'hr-i Shri.
C.
P.
S.
Chauhan
$h- f=hi;a 3?RJ-xh,
Jt.
Development
Commissi
oner
S EEPZ-SEZ.
2
4
en.s< qmicrcri<
Shri.
Leider
Panicker
$
Joint Com missioner Income Tax ', 8 % Nominee of Income Tax office, 3 *. fpsl m a Shri.
}-{imanshu I)har Pandey 'q frtsm ;ffi Deputy D irector DG171" %
-usiram rplTh, li Nominee
of the Addl.
DGFT,
Mi 4 @'f& ts Smt.
Kirti Deshmukli 'm M!!TE15 ' Deputy Direc tor Industries ' f m., #, ' 'k 'q Nominee
of Development
Comi f Industries,
GoM, Mumbai 5 i-ffl H-4"lar iii-aiq Smt.
Sunita
Jagtap
34'tflaTTh-
#'fl !,l-c'a'i
Superinten
dent
of Customs
#'t
J,
mum, rm ';m"n,
u
Nominee
of Commissioner of ( eneral, Air Cargo,
Sahar.
ft*'l"q .#f'-m
:
Special
Invitee:- *. m==r 4 Shri.
Anil Chaudhary fSffa_ afti-i0 *c=i-4ui Specified Officer,
SEEPZ-SEZ
File No.S-SEZ-"I'l/11/2021-SEEPZ-SEZ
- ds-i
, '
(;-*), 4 nq. ', '
(q-!), +N 'm -m, u ', ' ' m_,
- '
, ', sffl pr q, ', ;@ sff
, sffl ys'rm
, y <
.* *
sr ;r'r'h,
;N '1 m < ' q '
-
':
-
%
*i Shri. Hanish Rathi, ADC (SEEPZ-SEZ), Shri. Ma nish Kumar, ADC (New-SEZ), Smt. Rekha Nair, ADC,
Shri.
GS Bhandari, jlssistant,
Shri.
Ravin
dra Kumar,
Assistant,
Mrs. Divyanshi
Goyal
LD
C,
Shri. Ashok
Meena
LDC and Shri. Jagdish
G
aur, LDC also attended
for assistance
and smo
oth functioning
of the meeting.
I
Agenda
Item
No.
01:
Confirmation
of the
M
18
inutes
of the 182"d Meeting held
on
20. 12.2
023.
e
of Entrepreneurship
on account
of
the
Directors
and shareholding pattern
File No.S-SEZ-ll11"l/2021-SEEPZ-SEZ I &, II into M/s. Creation Gems & Jewellery Privat on business
(of Manufacture
and export of diamon nding the growth of Creations Jewelleiy, by invitin Creation Gems &, Jewellery Private Limited Unit I Decision:
After deliberation,
the
Committee
appr
oved the proposal
for Change
in Entrepreneur
and
Jewellery
Mfg. Pvt. Ltd Unit - I &, II into M/s. Crea
ancemcnt
proposed
items
For trading
activity
as per agenda
as under
:
They
have conveyed
that
as per directions
of Appro
val
Committee
they would delete
ONE item from t
File No.S-SEZ-11/11/2021-SEEPZ-SEZ
EXISTING
APPROVED
ITEMS
OF SERVICE
ACTIVITY
fl%
Sr.
No.
.iir
Description
of the
items
Il';p'p';o::dd'C(a-p")acity (Pieces) 01 i5 iim- siRi5 ;li:iii, !fh, q;%rnr iti Assaying,
Hallmarking,
Stamping,
P1
ating,
Testing
etc
214000.00
ffe%mrrWr*faggtf-rr
:-
PROPOSED
BROAD
BANDING
ITEM
FOR TRADING
ACTIVITY
:-
flT?fi.
Sr. No I:jri"pt'f
the
items
urarf'ari
ffi'-T6T
Proposed
Capac
'g-+-aiP'a
e%T1
_sed Capaci
m
$e"'r@ (qwa) #
<::i%m
7
Classi
xcation j!!/ 01
r'teur mft
Assaying,
Stamping,
Plating,
Testing
etc
"T'T
Pieces
200000.00
7113
02
M @
in *
M #
,
k,
Gold Casting,
Silver Jewellery,
Gold Findings,
Gold Chains,
Platinum Je wellery
$ U S Dollar $ 1363640 7113 03
"' f fi+mrrgim Various
alloy used in Jewellery mak ing : ' $ U S Dollar $ 200. 00 7113 04 m m# 4
mg (aW) ah y
) m r
Precious Metal finding used in jewellery makin g (Silver & Platinuin) .x+f# ;4m $ U S Dollar $ 200.00 7113 los I I ; 4:gy qgofWtsik @ Mach inery and Spares used in jewelle ry mal6ng
$ U S Dollar $ 50.00 7113 i06 m ' @ qdt-'r h
A v ': r,' Engraving or making machine arxd its components & spares parts
$ U S Dollar $ 50.00 7113 07 ,v
x'i mq'trr ff@ d d #v w(,
akridt@-
- %) Non Hazardous chemi cals used in jewellery mal<ing
( Rhodium, Gold & silver Plating i Solution)
i M#
$
U S Dollar
$
453 €)375.00
7113
08
I
fmfur 4gp
mt
k =AII
types
of wax used in jewellery
making
$ U S Dollar $ 25.00 7113
File No.S-SEZ-11/11/202'l-SEEPZ-SEZ og '
4 gp m?'gm
-
f@ir w ,W All types of investment powder used in jewellery malcing ' $ U S Dollar $ '75.00 7113 10 gr-+ * ei"q arm
-
rri @fry ,* r:efizy s- qwi Av ;nsiqm su= tv All types of filing & polishing t ools and accessories required f or jewellery mal(_ing
$ U S Dollar $ 10.00 7113 11 mHqur mr;4 * err:,r ar-r=q'7rrfr.,r ai-+ aid hTh g
- aq *
r All types of hand tools used for jewellery making m'lf"2=.fi -jihg $ U S Dollar $ 10.00 7113 12 mpur - mar aq*r% 'gi-:'t * nTh g
- f m & aru e-rvAll ty pes of Silicone rubber and otlier tubber used for jewellery mak_in g ,y+€fm Th-.-a-v $ U S I)ollar $ 10.00 7113 13 a qvg-c,;
, ('%, 5;', f Envisiontec consumables sucli a s resin, lamps, trays, filters y4tffl -im'g $ U S Dollar $ 15.00 I 7113
(
%l rs
1
1
rs'
n
%L..
_ _ _ _ 1
l____
14
qch
€/4..5; Jlek:IQILIJI
Jl?ljT ,W
E7E Envisiontec rapid protyping mac liine and its components 3 € $ U S Dollar $ 25.00 7113 15 m"t k
- % mp=w
mq m
q *
,*
r,' Weighting scales components a nd Spares parts required for asse mbly & Repairing 3T'l%'= ' $ U S Dollar $ 10.00 7113 16 rr#i
h '@ =mf " h q m4 d
Digital
Weighting
scales used i
n jewellery
malting,
component
s aiyd sapre parts
y4fa
ffrz-< $
U S I)ollar
$
25.00
7113
17
m
fmfrir * @
? r.ng simR'cr- /'
W qPrecious
metal based alloy
for jewellery
mfg
r
Nos
80.00
7113
18
,m
f
- m itv-e# mg smrfq % q Nf0ornJ-epWreecl1ieoruysllilnfegtal based alloyl ff6ai Nos 75.00 7113 ig
sk e
& k fv
mg ;p n'7'm
Solder containing
Precioris
me
al for mfg of Gold, Silver, Plati
raun & Palladirun
Jewelcr
W
Nos
80.00
7113
File No.S-SEZ-'11/11/202'l-SEEPZ-SEZ 20 ', < r k
k f- & * far itv4rreft mgp- n'7wvr Solc containing Non-Precious met for mfg of Gold, Silver, Plati & Palladium Jeweler OS .00 7113 21 lm'gi@f& pit, m l,* iFitting & Findings, sheets, wire s aiid Tubes of Precioris Metals it: 90.00 71 13 22 mgi =;'= Mounting of Precious Metals I' 85.00 7113 23 I mg * *r Precious Metal Chains ):7TOS 100.00 7113 24 IS"e"in"iFi"'nish'e'd Products Slieet l; 70.00 7113 25 'mfAmvm Semi Finished Products Wire I:o'Sl 70.00 7113 26 mt-;';ey Semi Finished Products Tube 9 Nos '70.00 7113 27
d
Platinum
Plating
Chemicals
Grams
5000.00
7112
28
=7,'
=7-'
Palladium
Plating
Chemicals
En'T
'Grai'ns
3000.
00
7110
29
w
d m- Ruthenium Plating Chemicals 'TT"T Grams 2000.00 7110 30 ' d mm Bronze Plating Chemicals
,Grains
7000.00
7409
31
II f-dhr
Anti-tarnish Chemicals I ' Grains iooo.oo 8479 I 32 P""reci'ous"'Metal Strippers
I Ql'l Grams 2500.00 8448 33 ('77 Anodes *rq Grams 500.00 7402
I
34
P"'recio""us
"Metal
Salts
IGrams
:
3500.00
3815
35
*g k @& m'g 3-rgffg ;Ms7v miml
'
i
Gold & Precious Metal recoverl
y plants & Cliemicals/ resins
iGrams
I 50.00 7112 36 P're"-fle""aning chemicals
IGrams I 1200.00 8421
I
37
r qpft;'r
i;'y'
l
Electroplating machines & sparl
es
iGrams
I 150.00 8543 38 Rectifiers
I: Grams I ] 50. DO 8504
File No.S-SEZ-11/'11/2021-SEEPZ-SEZ fufu: Decision: ly Enhancement and revision of projection for remain I"he Con'unittee also directed to the rinit that t @'i 2 'rp k vq-a fri
hird Party Repair aS per the details given in agenda.
File No.S-SEZ-"I'l/11/2021-SEEPZ-SEZ
t.
The iinport of the items will only be for
tlie purpose of repairs and re-expoit
onl
II.
The basic identity of the jewellery
ii'npor
ted shall not change.
ui.
The repairs will be cataried out within tli
e anotted premises
IV.
Proper detailed description
of tlie jewell
ery to be unported for repairs and event
ually cxported shall be given to the Cust
OnlS.
V.
100% exan'ffnation shall be carried by S
EEPZ Custoins at tlie tixne of iniports a
s well as cxports of the same to establis
11 identity
Vi.
The activity
will be restricted
to 5% of
previous year FOB value of export iiy re
spect of LOA dated 25.03.2008.
Vri.
The provisions of SEZ Act, Rules and o
rder made tliereinder
shan be comphed.
Viii.
Tlie pennission
granted will be subject t
o review.
File No.S-SEZ-'11/11/202'l-SEEPZ-SEZ
fhti: f-fhsf
% <. bfn
-i Mr Thbr s :i km Decision:
After deliberation, the Committee appro
Specified
Officer, SEEPZ-SEZ
to furnish
a report
on the devised
implementation
w.r.t. Third Party
Repair in terms of Instruction
No. 51 dated 25.03
.2010.
Grant approval
letter
only on clearance
of outsta
nding dues.
aI"hc iinport of the items will only be for the purpose
of repairs and re-export
only.
a'I"lic basic identity of the jewellery
iinported
shall n
ot change.
The repairs will bc cat-ried out within the allotted pr
enuses
Pi'opcr detailcd dcscription
of the jewellery
to be i
mported
for repairs and eventually
exported
shan b
e given to the Customs.
100'/"O examiiiation
sliall be carried
by SEEPZ Cust
oms at thc tin"ic of imports as well as exports of the
same to establisli
identity
The activity
will be restricted
to 5% of previous ye
ar FOB value of export in respect
of LOA
dated 2
5.03.2008.
*
arlie provisions
of SEZ Act, Rules and order made
thcrcunder
sliall be coinplied.
*
al"he pei'inission
granted
will be subject to review.
m M/s.
Luxury
Jewelry
(India)
Private
Limite
File No.S-SEZ-'11/11/2021-SEEPZ-SEZ
alahe iinport of the items will only be for the purpose
of repairs and re-export
only.
The basic identity of the jewellery
iinported
shan n
ot change.
The repairs will be cai'ried orit within
the allotted pr
emises
Proper detailed description
of the jewellery
to be i
mported
for repa'vs and evennially
exported
shan b
c givcn to thc Customs.
100oA examination
shall be canied
by SEEPZ Cust
oms at the time of imports as well as exports of the
same to establish
identity
l"lie activity
will be restricted
to 5% of previous ye
ar FOB value of export in respect of LOA
dated 2
5.03.2008.
*
arhe provisions
of SEZ Act, Rules and order n'iade
thereunder
sliall be complied.
*
Tlie pern'msion granted
will be subject to review.
'fmg
ing Pattern of M/s. Jinai Jewels
Private
Limi ted M/s. Jinai Jewels Private Limited had submitted t he application for Change in Shareholding Pattern of the company and the details are as follows :
File No.S-SEZ-11/11/2021-SEEPZ-SEZ f'rt=gr=d @ q* I,IST OF DIRECTORS r'q'r'w Sr. No ftt'ir';w'f 'wr qr'q (t'rcw'r;ftr) Name
of
Dir
ectors
(Erst while) '' € TJT Designation flj"f Sr.No fffsr'iY 'q qru (d'qrq) Name of Directors (Current) 'T\ffiTffl Designation ..A ..-
.-
J;
. _r
(%
(y
X . . _
.
-'
...
' ..
. .
...
rS
x
')l
'l (l 11 '1 gl'l
al 'l
!'TTg
Mr.
Parag
Nav n Bhai Shah ';lUl==hllH-h I-l<!tlTh Whole
time
Di
re ctor
l
'g I -1 ('tl 'l l l-1 H H H I u-II-11
Mr.
Naresh
Manganm al Sadhwani 'lUl=hllt-l=h I-l=.!tl=h Whole time
Director 2 p '
TT)T
T !ITTU
Mrs.
Priyal
Par ag Shah F",T fmsir's Managing Dire ctor 2
- t'g'rrr isrm', Mr. Ishan Naresh
Sa dhwani t;'B igq Manag'ng Director 3 p
hr'g Mrs.
Priyal
Parag Sha h fmsr'b Dire ctor ql-ehmrrftvr *z';T PRE-SHAREHOLmNG
PAT'rERN %fflT'f;. Sr. No. nrf'tm v?'ri 'R trft m=r Change
of
Shareho
Iding
Pattern
vq* % tmY @ 'n'm
10 / - VFTT
No.
of Shares
of R
s.
10 / -
e ach
tq"orrftv'r
+#
br
%
%
of
Shareholding
Pattern
4uv
Value
1.
% 'iau -i!1-i ai=' ynq
Mr.
Parag
Navn
Bhai
Shah
1319900
87.99%
1,31,99,000
1.
'!lTJTtil
I'l!IH
!(Ill
!1110
Mrs.
Priyal
Parag
Sha h 15U IUU ll.lJl-/o 10 , U 1, k)LILI y Total 1500000 100. 00% 1,50,00,000 tmrfti % me 'm +# POST-SHAREHOLDING
PATTERN ffiffiT'f; Sr. No. tzmnfffir *zi s( q f=rf;'r Change
of
Share
holding
Pattern
;bq*
"%
Y @ nu
'n 10 / - y-ch
No.
of Shares
of
Rs. 10/-
each
tmnftm
+;zl 'w'r %
%
of
Shareholding
Pattern
*'qv
Value
1.
"*mhi
411-iHm
uiq-u-
-f
Mr.
Naresh
Mangan
mal Sadhwani
1319900
87. 99%
1,31
, 99, 000
2.
- ihma'hrm
Mr.
Ishan Naresh S adhwani 180100 12.01% 18,01,000 Total 1500000 lOO.OO% 1,50,00,000
File No.S-SEZ-'11/11/202"l-SEEPZ-SEZ
fr:
f-*sf
%
.
'?q f-'
18. 10.2021
:- After deliberation, the Committee appro rted 18.10.2021.
Further,
the
Committee
also directe
ms of Instruction
no.
109. dated
18.10.2021
1.
Seamless
continuity
of the
SEZ activities
wit
h unaltered
responsibilities
and obligations f or the altered entity. 2. Fulfilment of all eligibility criteria applicable, including security clearances etc, by the alter ed entity and its constituents 3. Applicability of and compliance with all Reven ue /Company Affairs /SEBI etc. Acts /Rules wh ich regulate
issues
like
capital
gains,
equity
change,
transfer,
taxability
etc.
4.
Full financial
details
relating
to change
in eq
uity/merger,
demerger,
amalgamation
or tran
sfer in ownership
etc. shall
be furnished
imm
ediately
to Member
(IT&R),
CBDT,
Departmen
t of Revenue
and to the jurisdictional
Authori
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
demerg
er, amalgamation,
transfer
and ownerships
et
c.
as
may be
applicable
and eligibility for ded uction under relevant sections
of the Income
Tax Act. 1961
6.
The applicant
shall
comply
with
relevant
Stat
c
Government
laws,
including
those
relating
to lease of land, as applicable
7.
The applicant
shall
fumish
details
of PAN
an
d jurisdictional
assessing
officer
of the unit
t
o CBDT.
8.
The applicant
shall
be recognized
by the new
harebolding
Pattern
of the Company The details are as follow List
of Directors
Pre Changes
File No.S-SEZ-11/11/2021-SEEPZ-SEZ
ffi
Sr. No.
fmsm -q <
Name
of Direct
ors
'-lm
Address
)Tha -i-wq
DIN
No.
z
Date
of Birth
h-i'a
PAN
N O .
1
4
q
%
!'n"g
Mr.
Nikhilkuma
r Ambalal
Shah
s'rifh %m, n'
m,
269,
-h
g, x
(*.yp.l
p-=+oooig
Shanti
Niwas, 3"d Floor,
269, Deodhar Road, Matunga (C.R.), Mumbai-40001 g 00142223 15.02. 1938 AN IPS2043N I 2 4 : mu si Mr. Anuj
Prabo dh Shah olo, '4"'A"i%b," au a4-+oooo"z 10, Beach View, '4'h Floor,
Chow patty
Seaface, Mumbai-40000 7 00152565 14.07. 1974 ALTPS3529E 3
- msr
sn
x
Mr.
Paresh
Hir alal Shah -' 20, s: z,
s
h,
:znai-<p faa,
+4-4-.
400006, 'Klein,
Flat
No.20,
5'h
Floor,
Akashde
cp
Road,
Mala
bar
l-Iill,
Mumb
ai-400006,
Mah arashtra,
India 06430319 os.o=4. 1966 I AMYPS7529Q i =x f'tsr'T * d J,ist of Directors
Post Changes 'm Sr. No. f;'ms'm EI) m Name
of Direct
o rs
':f'ffl
Addre
ss
fhr
DIN
No.
Date
of Birth
$;w
PAN
N O. 1
- rp m'-i sms Nlr. Anuj
Prabo
dh Shah
nio,h,,\A:7 a!
4qooooy
10,
Beach
View,
4'h Floor,
Chow patty
Seaface, Mumbai-40000 7 00152565 14.07. 1974 ALTPS3529E
F- e No S-SEZ 11/'11/2021-SEEPZ-SEZ l' *sy sn . Paresh
Hir
Shah
:20,
sm
y,
mt'q -h,
%, fi-
400006,
q,
,
th
Flat NO.20
5 'l Floor,
Akashde
ep
Road,
Malai
bar Hill,
Mumb
ai-400006,
Mah'
arashtm,
India,
30319
I
I
I
I
I
I
I
I
.o=4. 1966
3
<s'ri
sr sms
.
Darshak
Ja
sh Shah
g-gob, 4 s
*'
4'w,
qn.;&.
g'r,<
#m 4,
'
% * wm,
4zooobs
A-206,
Shi
S
kti
Complex,
S.
V.
Road Dahis
r East, near
nav Kalyan
Ke
dra, Mumbai
0068
I
I
I
15.03.
1983
I
I
I
PS2315A
I
I
i
I
I
4
'
w
Eff Nikunj BharatK umar Gheewala 544,
,
"hw
u, :m;r
m23-24,
'
00002
54-B, Fanas
i,
Gaurakshak
Chawl,
R No.
-24, Mumbai
0002
107761916
I
110.03.1980
, I I I I .AEMPG0 1 55N j_
_
_
_ _
j
%____
__l'
-1
rs
S
S r"'a
'
sl
C
S'.
C
ts
C l 31.03.2023 'E5T eRR 'l !e- I !Hl eRl<61R"6'l !ed R 'lffl
i Share holding pattern as on 3].03.2023 i.e. Pre Cha+'ige in (he Shareliolding pattern
File No.S-SEZ-11111/202'l-SEEPZ-SEZ sC u w Name of Share Holders s
- ' No. of Shares s"d * q Rate / Sh. mh '
Amount
m Rs.
'm
sm @
Equity
Share
Capital
4
rr si (ox-g
9))
Mr.
Nikhilkumar
A Sha
h(0 1-99)
99
10
990
- :ir N sms ( ioo- ioo)
Mr.
Paresh H Shah (10 O-100) 1 10 10 4 mi @ ' (H,m-xd; (101-10200) Mr. Ra3esh V Mehta (N Pi) (101-10200) 10100 10 1,01,000 = (d) m.
"IT"" (10201-5308755) Supergems
(I)
Pvt.
Ltd-
India
(10201-5308755)
52,98,555
10
5,29,85,550
?
TotaJ
53,08,755
5,30,87,550
10.08.2023
'affi sTh< s'l9ii aeA qi-i'l iiu<
*
Shtare holding
pattern
as on
10 08 2023 i.r
Post Change
in the Shareholdirig
pattern
s"i'w
u >
Name
of Share
Holders
s''r *
No. of Shares
s'f-ig'T
a ;av
Rate / Sh.
qrftr
*
Amount
n"i Rs.
Equity
Share
Capital
- #sr 'rp sg (oi-gg))
Mr.
Paresh H Shah
(01 -gg) gg 10 ggo 4 qhr 1 sw ( ioo- :ioo) Mr.
Paresh H Shah
(10 O-100 1 10 10 - -isr *
(smn) (101-10200) Mr.
Rajesh V Mehta (N R_[) (101-10200) 10100 10 1,01,000 (d) w. '- ')TR?T (10201-5308755) Supergems
(I)
Pvt.
Ltd-
India
(10201-5308755)
52,98,555
10
5,29,85,
sso
p
53,08,755
5,30,87,550
File No.S-SEZ-11/'11/2021-SEEPZ-SEZ Q rlated 18.10.2021.
Further.
the
Committee
als
ma
o $ f-"sr f:-
safe guards
in te rms of Inst
ruction
no. 109, date
d 18.10.2021
1.
Seamless
continuity
of the SEZ activities
with
unaltered
responsibilities
and oblig
ations
for the altered
entity.
2 ,
Fulfillment
of all eligibility
criteria
applic
able, including
security
clearances
etc, b y the altered entity and its constituents. 3 . Applicability of and compliance with all R evenue / Company Affairs / SEBI etc. Acts / Rules which regulate issues
Iike
capital
gains,
equity change, transfer, taxability etc. 4 . Full financial details
relating to change i n equity/merger, demerger, amalgamatio n or transfer in ownerships etc. shall be fumished immediately to Member (IT&R) , CBDT,
Department of Revenue
and to t
he jurisdictional
Authority.
5 .
The Assessing
Officer
shall
have the righ
t to assess the taxability
of the gain/los
s
arising
out of the
transfer
of equity
or
merger
demerger,
amalgamation,
transfer
and ownerships
etc. as may be applicable
and eligibility
for deduction
under
releva
nt sections
of the Income
Tax Act, 1961.
6 .
I'he applicant
shall
comply
with
relevant
State
Government
laws,
including
those
relating
to lease
of land,
as applicable.
7 .
The
applicant
shall
fumish
details
of PA
N and jurisdictional
assessing
officer
of t
he unit
to CBDT.
8 .
The
applicant
shall
be recognized
by the
new name or such
arrangement
in all the
records.
File No.S-SEZ-'11/11/202'l-SEEPZ-SEZ Designs
(India)
LLP had submitted
the
for Change
in Profit
sharing
ratio of Pa
dct ails of in Profit
s haring
ratio
of Part
Company
are as under:
Details
of Pre &, Posi profit
sharinq
ratio
"Th'i rCf)
Sr.
No.
'qr
% qm
Name
of Partners
'm'uta'ro*
% Shares
'Eh II ri
Sr.No.
'qpff
'h q'm
Name
of Partners
wr %
% Shares
1
4
*.
br
Shri. Savjibhai
D. Dhola
kia
22o/o
1.
*. '
*.
Shri. Savjibhai
D. Dhola
kia
34oA
2
*. -msmqJ
A. an);im
Shri.
Ghanshyambhai
D. Dholakia
21'%)
2.
*. -wsmqJ
&
Shri.
Ghanshyambhai
D. Dholakia
330/.,
'Sl. 6a'jG"11q (51Cl')<ell'll!5 (Zl(=11(1)21
- =1
m. fm f- Shri.
Hasmuklibhai
Tli akarshibl"iai Di-iolakia- Rep. Hari Kirsl'uia Exp ort Pvt. Ltd. J l -/O .).
- 7"q 'sn"q fl m - '
- I
gi . Shri. Hasmukl"ibhai Th akarsliibhai Dholakia- Rep. Hari Kirshna Exp ort Pvt. Ltd. 10-/O _.tS r'
(1
r
S
I"%
n
IM._.
.._
n
(
l__Cx
'311.
1% @m%ll'll!6
aR.llO)Lll
Shri. Pintu
Tulsibhai
D
holakia
I
-/o
'+.
'ffi. TCI'§
7'l
Th
Shri.
Pintu
Tulsibhai
Dholakia
.) -/o
5
4
'g !!T1E
Shri. Parag
A. Shah
4%
5.
<n. qgrrr 'g siv
Shri. Parag
A. Sliah
4'/o
p
l00%
p
100%
File No.S-SEZ-1'?/11/202'l-SEEPZ-SEZ Decision : After deliberation,
the
Committee
approved
the proposal
of the unit
for Change
in
profit
Sharing
ratio
of
the
Company
in terms
of MOC&I
Instruction
no. 10al dated
18.10.2021
. Further,
the Committee
also directed
the Unit
to comply
with
the following
safeguards
in term
s of Instruction
no.
109, dated
18.10.2021:-
1.
Seamless
continuity
of the SEZ activities
wi
th unaltered
responsibilities
and obligation
s for the altered
entity.
2.
h'ulfillment
of all eligibility
criteria
applicabl
e,
including
security
clearances
etc, by the altered entity and its constituents. 3. Applicability of and compliance with all Reve nue/CompanyAffairs/SEBI etc. Acts/Rules which regulate
issues
like
capital
gains,
eq
uity
change,
transfer,
taxability
etc.
4.
Full financial
details
relating
to change
in e
quity/merger,
demerger,
amalgamation
or tr
ansfer
in ownerships
etc. shall
be furnished
immediately
to Member
(IT&,R),
CBDT,
Depa
rtment
of Revenue
and to the jurisdictional
Authority.
5.
Thc
Assessing
Officer
shall
have
the
right t
o assess the taxability
of the gain/loss aris
ing out of the transfer
of equity
or merger
d
emerger,
amalgamation,
transfer and owner ships etc. as may be applicable and eligibilit y for deduction under relevant sections
of t
hc Income
aI"ax Act,
1961.
6.
The applicant
shall
comply
with
relevant
Sta
te Government
laws,
including
those
relatin
g to lease of land, as applicable.
7.
The applicant
shall
furnish
details
of PAN
a
nd jurisdictional
assessing
officer
of the uni
ttO
CBDT.
8.
The
applicant
shall
be
recognized
by the ne
w name
or such
arrangement
in all the reco
rds.
y LLP
@,
have informed that the reasons
of change
of consti
tution
of the company
are as under:
File No.S-SEZ-11/11/2021-SEEPZ-SEZ
1.
Access
to Funding Opportunities:
Operating
as an LLP may enhance
their
ability
to attra
ct external
investments
and secure
financin
g. The
distinct
legal structure
and limited
li
ability
status
often
make LLPs more appeali
ng to potential
investors
and lenders.
2.
In light
of thexr
established
presence
in SE
EPZ and the expansion
into the domestic
m
arket,
the transition
to an LLP aligns
with
t
heir commitment
to adapt
to evolving
busin
ess landscapes
and enhance
their
competiti
veness.
This move is indicative
of their
dedi
cation
to fostering
growth,
ensuring
financia
l prudence,
and fortifying
Arina
Jewellery's
p
osition
in both local
and international
mark
ets.
3.
There
will be no change
in the Partners
&, h
is profit
Sharing
ratio
of the company.
File No.S-SEZ-11/11/2021-SEEPZ-SEZ
%'#
4
mm M 6
d-
'q ,Hurther, the Committee
also directed the Unit to co
mply
with
the following
safeguards
in terms
of Inst
NeT"':-
ruction
no. 109. dated
18.10.2021:
1.
Seamless
continuity
of the SEZ activities
wi
th unaltered
responsibilities
and obligation
s for the altered
entity.
2.
Fulfillment
of all eligibility
criteria
applicabl
e,
including
security
clearances
etc,
by the
altered
entity
and its constituents.
3.
Applicability
of and compliance
with
all Reve
nue /Company Affairs /SEBI etc. Acts / Rules
which
reg'ulate
issues
like
capital
gains,
eq
uity
change,
transfer,
taxability
etc.
4.
F'ull financial
details
relating
to change
in e
quity/merger,
demerger,
amalgamation
or tr
ansferin
ownerships
etc. shall
be fumished
immediately
to Member
(IT&,R),
CBDT,
Depa
rtment
of Revenue
and to the jurisdictional
Authority.
5.
The Assessing
Officer
shalI
have
the right
t
o assess the taxability
of the gain/loss aris
ing out of
he
t+-ansfer
of equity
or merger
d
emerger,
amalgamation,
transfer and owner ships etc. as may be applicable and eligibilit y for deduction under relevant sections
of t he Income Tax Act, 1961. 6. The applicant shall comply with relevant Sta te Govemment laws, including those relatin g to lease of land, as applicable. 7. The applicant shall furnish details
of PAN
a
nd jurisdictional
assessing
officer
of the uni
t to CBDT.
8.
The
applicant
shall
be
recognized
by the
ne
w name or such
arrangement
in all the reco
rds.
name
from
M/s.
Cherokee India Private Private
Limited
File No.S-SEZ-11/11/2021-SEEPZ-SEZ
Limited.
The
details
of in Change
Name
of the
Company
are as under:
DETAILS
OF DIRECTORS
BEFORE
AND AFaloER OF CHANGE
OF COMPANY
NAME
'mrw
Sr.
No.
*;q'd *f4
-$w
'srr'
ftx
$ 'r;r
f-r-#=qr=d @ q#
List
of
existing
Directors
of M/s. Cherokec India Private
Limited. *v# anqf-rw q'rm qd 'sr'r fty % tx'p'a"rftv fWsrvf 4 K4 Propose
Proposed
Directors
of
M/s.
Omnion
Power
Mumbai
Private Limited. 1 f'rtqr'm € q'ru @ qH# Before
Name
of
the
Directors
Fa'TTT
Designation
f-tsrxf
€ qrq $ ma
After
Name
of
the
Directors
qa';'rrzr
Designation
2
*
hr
Mr.
Prakas
hkumar
Rambhai
Patcl
',".r
fWhn
Managing
I)irectors
*
s
m'm'
€
Mr.
Prakashlcumar
Rambhai
Patel
*q
f!sr'i
Manag'ng
Directors
r'<
-..
_.
. _r
_
j
'41 I=.d!!l '=11H-IHI
==+.ll&'Fr
Mr.
Dinesh
Shrinivas Kotian flffi
" FF' Whole
Time Directors "!) I I '4 '1 'l I 'N I I '1 "{ I '!1 "11 l I (_ 'l 'l Mr.
Dinesh Shrinivas Kotian 'lul'-hllWl l'l(i"Ion Whole
Time Directors DETAILS
OF SHAREHOLDING
PATTERN
BEFORE COMPANY
NAME mi fjmm AND
AF"I'ER
CHANGE
OF
THE
l_.___r
-i____u
_:__!
--!
'!'s #v@ ra '@t'qr, y'r iBT?r % 'i(T" 't-f @ qy* Before
Shareholding
Pattern
of
M
/s.
Cherokee
India,
Private
Limited
'jT;!TH
3TT")TTffi"
4K(
ssiq
xrqqe
imtse-s
m '<tfhq +# $ ir'a After
Shareholding
Pattern
of
M/s.
Omnion
Power Mumbai
Private
Limited. 'wr qru Name of Person i o/o Shares ;qfm y ;'mr Name of Person x % Shares ='
'
fl
ff
'ff.
Omnion
Power
Inc.
99.95 %
\ I 'I I '1 'l '1 '4 I ? 1 2 Ki.
99 95 %
!l-hl"l:pH R 'lt_d
Prakashkumar
Patel
0.05
X '-n I j I T "1 I I Y C ral
0.05
TO
'§ffi
100 %
T
§ffi
100 %
File No.S-SEZ-11/'11/2021-SEEPZ-SEZ
the Committee
also directed
the Unit
to comply
Jnstruction
no. 109. dated
18.10.2021
1.
Seamless
continuity
of
the
SEZ
activities
w'th
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
Affairs/SEBI
etc. Acts/Rules
which
regulate
issues
like capital
gains,
equity change,
transfer,
taxability
etc.
4.
Full
financfal
details
relating
to change
in
equity/merger,
demerger,
amalgamation
or transfer
in ownerships
etc.
shall
be fumished
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,
1%1.
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.
File No.S-SEZ-l 1/1 1/2021 -SEEPZ-SEZ rvl.
Ltd
/Steeper
Motors)
(LOA-HW-14)
The
unit
has
submitted
the
APR for the
period
t
Decision:
After deliberation.
the
Committee noted
the
performance
of
the
unit
for
the
The
Committee
also
directed
:-
al"he
unit
to
clear
the
outstanding
dues
Rs. 39,89,743.21 /-, at the earliest. tq* q'a #. 13 : 2 qf m4 d 2020-21 #< ;>o.,3 1- Agenda
Ite
m
No.
13:
MOnl,taring
of period
of 2 years i.e.
2020-21
&
2021-22
The
unit
has
submitted
the
APR for the
period
p
beenfoundsatisfactory.
Decision:
After deliberation.
the
Committee
The
Committee
also directed;
File No.S-SEZllt'?l/2021-SEEPZ-SEZ
Performance
of
M/s.
Omnia
Jewels
LLP
f!rurr
The unit
has
submitted
the APR for the period
2022-23
duly
certified
by Chartered
Accountant.
Decision:
After
deliberation.
the
Committee
noted
the
performance
of
the
unit
for
the
period
2022-23,
as
the
unit
had
achieved -' 4f%m;- The Committee also directed;
The Specified
Officer
to initiate
action
for issuance
of Show
Cause
notice
for delay
in
submission
of APR For the period
2022-23.
II.
The unit to clear
the outstanding
dues Rs. 1,35,662.93/-
at the
earliest.
File No.S-SEZ-11/'l"l/2021-SEEPZ-SEZ
lui
llie
period
of
2
years
i.e.
2020-21 ftBmt
2021-22
The unit
has
submitted
the APR for the
period
Decision:
After deliberation. the Committee period 2020-21
&, 2021-22,
as
the
unit
had The Committee also directed;
- q * fzfS-r;-
I.
The Specified Officer to initiate action for issuance of Show Cause notice for delay in submission of APR for the period 2021-22. I I.
The unit to clear the outstanding dues Rs. 1,63,201.96/- as on 18.01.2024, at the earliest. %Agenda
Item
No.
16:
Monitoring
of =Performance
of
M/s.
KP
Sanghvi
International
Private
Limited 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.
fh * d 2021-22 @ dk : fJ
4
apBe export and i mport data for the period 2021 noted
the
peformance
of the
unit
for
the
File No.S-SEZ-11ffl/202"l-SEEPZ-SEZ Agenda
Item
No.
17:
Monitoring
of Performance
of
M/s.
KP
Sanghvi
The unit
has
submitted
the APR for the period
2022-23
duly
certified
by Chartered
Accountant.
noted
the
performance
of the
unit
for
the
period
2022-23,
as
the
unit
had
achieved J'erjormance
of M/s.
Suniewels
Pvt.
Ltd
been found
satisfactory.
Decision:
After deliberation. the Committee 'k q * '= f;- The Committee also directed;
I.
The Specified
Officer
to initiate
action
for issuance
of Show
Cause
notice
for
delay
in submission
of APR for the
6,74,455.66/-
as on 23.01.2024.
at the earliest
File No.S-SEZ-11/'11/2021-SEEPZ-SEZ ,!o22-23"geoaa
Item
No.
19
:
Monitoring
of ,,-,, Performance
of
M/s.
Hurix
Systems Piivate
Limited
for
the
period
of
2
years
ie.
2021-22
&,
2022-23.
The unit
has
submitted
the APR for the period
Decision:
After
deliberation.
the
Committee
Perjormance
of M/s.
Gesswein
Trading 01 hasbeenfoundsatisfactory. received
for
Rectification
in
the
Export
- l"he
unit
had
submitted
application
for 'Rectification
in
the
Export
Projections
and
Total
area allotted
after re-location
i.e. SDF-I to N EST- 01. The Proposed
Projections on re-location
area Sr.
No. -k- 01 '#
at-r (608.76 'ir) ;,Pg=5mz-lsi-i The
Total
Projection
for Proposed
relocation
area (608.76
Sq.
mtrs)
in NEST-01
b'#
Rs.
In
Lakhs
mfm
$ '00
US$'OO
File No.S-SEZ-11/11/2021-SEEPZ-SEZ n
r .__ i
I"1 10 j "7 t"'l '7
/'1 n
ri ri ri r_ (_ 0
77 e
1.
rFmT $1 1!,$611 ml %v!
FOB
Value
of Export 10 ,) / ,2 / . UU ,?,&':10,)0. / ,) 2. qsu Import of Machinery 1600.00 2000.00 3. =*,j oi-i .gl ( sa=hT ==hi Import
of
Raw
Material
and Components 84148.00 105185.00 4. xyqvh/yq-i,
-i iz, Ht p in % p: ()
('
-I
()
_l
_
__
2756.00
3445.00
l-l H I Ul a1 <. 4-1: l-l ffT'T u 3T1'
Import
of
re -making
and remanufacturing
unused/used, new, broken jewellery goods r _3 _j
i
l)
)'
.
I A l"1
l"1 lal
117
[j
/"x /'l
.:).
'p
3TI ( d 'l !-II 4-!-1
H I H I 'J '-II -hl fl
Import
of
Spare
s
and
Consumables
P%U.kR)
1 / ,).(Jtj
6.
fmn ,hqq"iP<'f
=hl
mmr k
mq q
Repatriation
of
dividends
and profit to foreign collaborators 7. ilJ2' Royalty ._xr"s
rs
_
5.
'$I
'sll'lohRl (!,ahJ4!d
!lvf
Lump
sum
know-how
fee
g.
't<'
Design
and
drawing
fee
r
_
_ a _ IU. r';w=n
gprn m ' Payment of foreign technicians r _ l
_ _ r'>
l_
_
r'___
_ _
._
11.
T"I"E"?TT
Y 7
'!?PFTT
i ';'IT
'R
'
Payment
on
training
of
Indian
Te chnicians
abroad
P)
lCr
v
r%
r'_
___C!-
01 Q nn 1 1 zlQ
7(, 16. T"'flld/=4d I<'lul-1 0wl! ,gll=H"T-FiT!"T'ffi Commission
on
export/discount
mkting
exps etc.
-/ l )- . (.1(.1
11
'T
O . / .J
13.
fWsr
Foreign
Travel
184.00
230.00
IA
f_Ci
u
_____k
_
__Cl j l'+. wm
vgm
w
"q '
0
l)
=llml
=541< (II'<l Amount
of Interest
to
be paid
on
external
Commercial
borrowings
15.
xipfs
qimi-i
'4b
w
-8 '
<iffl
O!M h <il'9r
Amount
of interest
to
be paid
on
deferred
payment
credit
16.
=h'%'z-q qimi-i
Any
Other
payment
460.00
575.00
File NO.S-SEZ-11/11/2UZl-5tlt-Z-5t=4 (f
=a) , xtft,
-h 7i, , LIVEX
) (specify detailsl Exhibition, Bank Charges,
Subscription,
LIVEX etc). 17. y (2 @ +6) Total (2 to 16) 90207.00 112758.75 18. pfffqffH'a (1-17) Net
Foreign
Exchange
Earnings (1-17) 93520.00 ,116900.00 I I approved
the
proposal
of
the
unit
for areas 608.73
Sq.mtrs on relocation
i.e. SDF-I to NEST- 01 The meeting concluded with a vote of thanks to the chair. Joint Dev-elopment C.crn-rnissioner SEEPZ Special Economic Zone Govt. of India, Ministry of Commerce and Industry (mar ;Hrr ftm, it) qbqg-q-f-m
, '-h
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.