TMI BlogMinutes of the 111th meeting of the Board of Approval for SEZs held on 28th July, 2022X X X X Extracts X X X X X X X X Extracts X X X X ..... it in the AMRL Hi Tech City Ltd., Multi Product SEZ, Nanguneri, Tirunelveli District, Tamil Nadu for extension of Letter of Approval (LoA) from 01.08.2022 to 31.12.2022. The Board, after deliberations, approved extension of the validity of LoA upto 31.12.2022. 111.3 Requests for co-developer status (four proposals) 111.3(i) Request of M/s. Ozone Vishwanath Developers, Ahmedabad for approval as Co-Developer in Multi Services SEZ at Ratanpur, District Gandhinagar, Gujarat, developed by M/s. GIFT SEZ Limited. The Board, after deliberations, approved the proposal of M/s. Ozone Vishwanath Developers for co-developer status for construction, development, maintenance and operation of SEZ building for units to undertake services/authorized operations in the processing area of GIFT SEZ over an area of 11,148.27 sq. mtrs. footprint 14 G in Block 14. The approval shall be subject to execution of necessary co-developer agreement with the developer as well as subject to standard terms and conditions as per SEZ Act and Rules and conditions and observations of CBDT and CBIC which will be mentioned in LoA to be issued subsequently. The lease period shall be in accordance with DoC's Instruction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as subject to standard terms and conditions as per SEZ Act and Rules and conditions and observations of CBDT and CBIC which will be mentioned in LOA to be issued subsequently. The lease period shall be in accordance with DoC's Instruction no.98 dated 29.08.2019. 111.4 Setting up of new SEZ (one proposal) 111. 4(i) Request of M/S. L T Realty Developers Limited for formal approval for setting up of an IT/ITES SEZ at L T Campus, Bellary Road, Byatarayanapura Village, Next to GKVK, Bangalore, Karnataka over an area of 2.361 Ha. The Board, after deliberations, approved the proposal for setting up of IT/ITES SEZ at L T Campus, Bellary Road, Byatarayanapura Village, Next to GKVK, Bangalore, Karnataka over an area of 2.361 Ha. 111.5 Miscellaneous cases (five proposals) 111.5(i) Request for cancellation of Co-developer status of M/S Bhartiya Urban Pvt. Ltd. (formerly M/S Bhartiya Urban Infrastructure Land Development Company Private Limited) in Milestone Buildcon SEZ, Bangalore North, Karnataka. The Board, after deliberations, approved cancellation of co-developer status granted to the codeveloper ws Bhartiya Urban Pvt. Ltd. subject to fulfilment of all statutory provisions in this reg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e on 26.08.2022. The representative from MoEF CC informed the Board that they are reviewing their policy for import of such items and that a suitable amendment/notification in this regard shall be issued by their department after such review. The Board examined the unit-wise performance taking into account the positive Net Foreign Exchange Earnings in past five years i.e. 2017-2022, fulfillment of criteria of 35% exports in terms of annual turnover and 50% in terms of tonnage as specified in the DoC's policy dated 27.05.2021. Further, in light of notification of the Hazardous and Other Waste (Management and Transboundary Movement) Amendment Rules, 2021 vide G.S.R. 47(E) dated 27.01.2021 issued by the MoEF CC allowing import of 'post industrial or preconsumer polyethylene wastes' and 'polymethyl methacrylate' by the SEZ units and EoUs only, the performance of the unit during the period January, 2021 to June, 2022 was also deliberated upon by the Board. The Board, after detailed deliberation decided that the LoA of only those units which meet the NFE obligations in addition to the criteria of exports in terms of annual turnover as well as tonnage, as specified in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the developer as well as subject to standard terms and conditions as per SEZ Act and Rules and conditions and observations of CBDT and CBIC which will be mentioned in LOA to be issued subsequently. The lease period shall be in accordance with DoC's Instruction no.98 dated 29.08.2019. Table Agenda Items 111.9 Miscellaneous requests of the units (two proposals) 111.9(i) Request for renewal of Letter of Approvals of M/s Ambika Scrap Recycling Pvt. Ltd. for their plastic recycling and metal scrap recycling units in KASEZ. The Board, after deliberations, decided to revert the matter to DC, KASEZ for further examination. 111.9 (ii) Request of M/s Motan Enterprises, a unit in KASEZ SEZ for renewal of LOA of their trading unit. The Board noted that M/s Motan Enterprises has been granted a fresh LoA on 09.03.2022 for trading activity. The Board, did not find any merit on the request for renewal of LoA granted to the unit on 09.08.2001. Decision on Table Agenda Il Item no. 111.10 Proposal for setting up of new SEZ 111.10(i) Request of M/s. Essar Minmet Limited for In-Principle approval for setting up of an SEZ for specific sector (Iron Ore Pellets/Steel) in Odisha over an area of 93.97 H ..... X X X X Extracts X X X X X X X X Extracts X X X X
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