TMI BlogMinutes of the 91th meeting of the. Board of Approval for SEZ held on 6th August, 2019 to consider setting up of Special Economic Zones and other miscellaneous proposalsX X X X Extracts X X X X X X X X Extracts X X X X ..... f sector specific IT/ITES SEZ at Gangaikondan, Tirunelveli for a further period of six months beyond 07.05.2019 up to 07.11.2019. The Board, after deliberations, approved extension of the validity of the formal approval up to 7th November, 2019. 91.2(ii) Request of M/s. Electronics Corporation of Tamil Nadu Ltd. (ELCOT Ltd.) for further extension of the validity period of formal approval, granted for setting up of sector specific IT/ITES SEZ at Viswanathapuram, Hosur, Tamil Nadu for a further period of six months beyond 07.05.2019 up to 07.11.2019. The Board, observed that despite substantive investment, the developer has constructed a very small portion of the built up area. The Board, after deliberations, decided that a well defined roadmap from the developer for meeting the necessary requirements of built up area laid down in Rule 5(7) of the SEZ Rules, 2006 be obtained through DC, MEPZ, and put up in the BoA. 91.2(iii) Request of M/s. Electronics Corporation of Tamil Nadu Ltd. (ELCOT Ltd.) for further extension of the validity period of formal approval, granted for setting up of sector specific IT/ITES SEZ at Vadapalanji, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. 12 of M/s. Aspen Infrastructure Ltd. SEZ, Padubidri, Udupi for extension in the validity period of Letter of Approval beyond 26.06.2019 for a further period of one year i.e. up to 25.06.2020. The Board, after deliberations, approved extension of the validity of the LoA up to 25th June, 2020. 91.3 (iii) Request of M/s. Raghukaushal Textile Pvt Ltd in the Apparel Park SEZ, Khokhra, Ahmedabad for extension of Letter of Permission (LoP) beyond 24.07.2019 for 1 year upto 24.07.2020. The Board, after deliberations, approved extension of the validity of the LoP up to 24th July, 2020. 91.3(iv) Request of M/s. BEML Ltd., a unit in KIADB Aerospace SEZ located at Bangalore, Karnataka for extension of validity of Letter of Approval (LoA) beyond 05.01.2019 for a period of one year i.e. upto 05.01.2020. The Board, after deliberations, approved extension of the validity of the LoA up to January, 2020. 91.3(v) Request of ET Elastomer Technik Pvt Ltd. in the Electronic Park SEZ located at Gandhinagar for extension of validity of Letter of Permission (LoP) w.e.f. 13.03.2019 for 1 year upto 12.03.2020. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Z in an area of 1.214 hectares in accordance with the co-developer agreement entered into with the developer subject to standard terms and conditions as per SEZ Act and Rules provided that the lease period does not exceed 30 years (Renewable). 91.5(ii) of Phoenix IT Hub Pvt. Ltd. for co-developer status in M/s. Phoenix Tech Zone Pvt. Limited SEZ at Sy. No. 115/35, Nanakramguda Village, Serilingampally District, Telangana for development, operation and maintenance of the SEZ and other activities. The Board, after deliberations, approved the proposal of M/s. Phoenix IT Hub Pvt. Ltd. for construction of IT/ITES building and operating and maintaining the facility within the framework of SEZ in an area of 0.49 hectares in accordance with the co-developer agreement entered into with the developer subject to standard terms and conditions as per SEZ Act and Rules provided that the lease period does not exceed 30 years (Renewable). 91.5(iii) Request of M/s. Phoenix SEZ Spaces Pvt. Ltd. for co-developer status in M/s. Phoenix Tech Zone Pvt. Limited SEZ at Sy. No. 115/35, Nanakramguda Village, Serilingampally District, Telangana for development, opera ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment of such relationship within the SAK Synergy Private Campus Land admeasuring 1.627 Acres (0.6583 Hectares) in Non-Processing Area of SEZ in accordance with the co-developer agreement entered into with the developer subject to standard terms and conditions as per SEZ Act and Rules provided that the lease period does not exceed 30 years (Renewable). Item No. 91.6 Change of Shareholding Pattern/Change of name (four proposals) 91.6 (i) Request of M/s. Embassy VTV Infrastructure Management Private Limited a co-developer in M/s Vikas Telecom Private Limited SEZ located in Bangalore for change of name from Embassy VTV Infrastructure Management Private Ltd to VTV Infrastructure Management Private limited . The Board, after deliberations, approved the proposal with the following conditions:- i. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered co-developer entity; ii. Fulfillment of all eligibility criteria applicable to co-developer, including security clearances etc., by the altered co-developer entity and its constituents; iii. Applicability ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... including those relating to lease of land, as applicable. vii. The developer shall furnish details of PAN and jurisdictional assessing officer of the developer to CBDT. 91.6(iii) Request of M/s. TSI Business Parks (Hyderabad) Pvt. Ltd, Co-Developer in M/s. TSIIC SEZ, IT/ITES SEZ at Nanakramguda Village, Serilingampally Mandal, Ranga Reddy District, Telangana for change in Shareholding Pattern of their company. The Board, after deliberations, approved the proposal subject to approval by relevant statutory authorities with following conditions:- i. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered co-developer entity; ii. Fulfillment of all eligibility criteria applicable to co-developer, including security clearances etc., by the altered co-developer entity and its constituents; iii. Applicability of and compliance with all Revenue / Company Affairs /SEBI etc. rules which regulate issues like capital gains, equity change, transfer, taxability etc. iv. Full financial details relating to change in equity/merger, demerger, amalgamation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... als) 91.7(i) Request of M/s. Flextronics Technologies India Private Limited a sector specific SEZ for Electronic Hardware at Sriperumbudur, Tamil Nadu for change in sector to IT/ITES Electronic components Hardware manufacturing related services sector. The Board, after deliberations, approved the proposal of M/s. Flextronics Technologies India Private Limited for change in sector from Electronic Hardware to IT/ITES Electronic components Hardware manufacturing related services sector. 91.7(ii) Proposal of M/s. Artha Infratech Pvt. Ltd., Developer at Plot No. 21, Sector Techzone IV, Greater Noida (Uttar Pradesh) for amendment in sector nomenclature of Electronic Hardware Software including IT/ITES SEZ into IT/ITES Sector . The Board, after deliberations, approved the proposal of M/s. Artha Infratech Pvt. Ltd. for amendment in sector nomenclature of Electronic Hardware Software including IT/ITES SEZ to IT/ITES Sector . 91.8 Miscellaneous Cases (Five proposals) 91.8(i) Request of M/s. Aarti Industries Limited at (Plot No.Z/103/H) for permission for laying steam pipe rack above groun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he documents. (iv) The existing agreements based on 30 years norms may be accordingly considered administratively for amendment of tenure clause. Alternatively, the same could be considered at the time of next renewal. The recommendations of the Board may be taken on file for approval of the Competent Authority. 91.8 (iv) Irregularities and compliance issues in the port based SEZ developed by Cochin Port Trust in Puthuvypeen, Ernakulam, District, Kerala. The Board, after deliberations, directed DC, CSEZ to work out settlement of NFE status and necessary recove1Y of dues. The Board, directed that the matter may be delibemted on file based on receipt of necessary inputs from the DC and concerned parties viz. the developer, M/S Cochin Port Trust; the co-developer, M/s Petronet LNG Limited and the unit, M/s GAIL (India) Ltd. Thereafter, the case may be brought before the Board for further consideration. 91.8(v) Request of M/s Shreekunj Hospitality Pvt. Ltd. for permission to take up authorization operations as a Co-developer in Dahej SEZ. DC, Dahej SEZ informed the Board that Debt Recovery Tribunal, vide ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Board that the Environmental Clearance from MoEF CC and Consent for Establishment from Andhra Pradesh Pollution Control Board has been received. The Board, after deliberations, decided to approve the proposal of the unit, M/s Deccan Fine Chemicals (India) Private Limited for grant of Industrial License for manufacture of Phosgene subject to necessary permissions and safety/security standards laid down under relevant law. 91.10 Appeal (one appeal) 91.10(i) Appeal dated 13.06.2019 filed by M/s. Jay Bholenath Waybridge against the decision of the UAC, KASEZ in its meeting held on 30.01.2019 for rejection of proposal for broad-banding of manufacturing activity and cancellation of their in-principle LoA dated 29.03.2016. The Board noted that the appeal was time barred, however, the appellant requested for condonation of delay. The Board also noted that in view of the fact that the unit neither commenced any activity during the three years period since grant of in-principle approval on 29.03.2016 nor made any request for extension of their in-principle LoA, the UAC rejected the proposal for broad-banding for manufacturing activity and decided ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an FTWZ for Infrastructure FacilitiesModular Warehouses, container yard, Office Complex, Open Spaces, Roads, Operations-Leasing of Project infrastructure and supply of utilities at JNPT SEZ for an area of 17.97 Ha. The Board, after deliberations, approved the proposal of M/s. Nhava Sheva Business Parks Pvt. Ltd. to set up an FTWZ for Infrastructure Facilities- Modular Warehouses, container yard, Office Complex, Open Spaces, Roads, Operations-Leasing of Project infrastructure and supply of utilities at JNPT SEZ over an area of 17.97 Ha. in accordance with the co-developer agreement entered into with the developer subject to standard terms and conditions as per SEZ Act and Rules provided that the lease period does not exceed 30 years (Renewable). ANNEXURE - 1 List of Participants for the Meeting of the Board of Approval for Special Economic Zones held on 6th August, 2019 under the Chairmanship of Commerce Secretary, Department of Commerce. 1. Shri Anup Wadhawan, Chairman, BoA Commerce Secretary, Department of Commerce 2. Shri R.P. Goyal, Additional, DGFT 3. Shri Bidyut Behari Swain, Addition ..... X X X X Extracts X X X X X X X X Extracts X X X X
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