minutes of meeting held on 22-08-14
TRANSCRIPT
Page 1 of 19Noida Special Economic Zone
(Minutes of Meeting of Approval Committee of Noida SEZheld on 22/08/2014
The meeting of the Approval Committee of Noida SEZ was held on 22/08/2014
at 11:00 AM in the Conference Hall of NSEZ, Noida. The meeting was chaired by
Shri Sumeet Jerath, Development Commissioner, Noida SEZ. Following members
were present:
1 Shri Amiya Chandra, Joint DGFT, 010 DGFT.
2 Shri Bharat B. Garg, Joint Commissioner, Income Tax, Noida
3 Shri Ramjilal Meena, Joint Commissioner, Customs.
4 Shri D.S. Yadav, AM, DIC, G.B. Nagar.
Besides, Shri Rakesh Kumar, Oy. Development Commissioner, NSEZ, Shri Sharad
Srivastava, Jt. Commissioner of Customs, NSEZ, Shri R.P. Verma, Asstt.
Development Commissioner, NSEZ, Shri Bhuvan Yadav, AEE, U.P.P.C.B. Noida and
Shri Anil Kumar Sharma, SDO, UPPCL also attended the meeting.
GIST OF THE MEETING:
1. Ratification of Minutes of last meeting of the Approval Committee:
The Approval Committee ratified the minutes of the last meeting held on 20103/2014.
Decisions on Proposals:
2. Proposal of M/s. Classic Jewellers for setting up a Unit in NSEZ for manufacturing of
Handcrafted/Machine made Gold / Silver/ Platinum Jewellery (Plain/Studded with
Precious / Semi-precious / Synthetic Stones, Pearls & Diamonds).
Nobody from the applicant firm turned up for the meeting. The Committee deferred the
proposal with the directions to the applicant to submit a copy of agreement executed with I
the buyer for supply of free of cost gold for manufacturing of jewellery. The Committee also Idirected the applicant to submit revised projections along with details of calculation towards
fulfilment of value addition norms in terms para 4A.2.1 of Handbook of Procedures (Vol. 1),
as applicable, as per the following norms:
SI.No. Item of export Minimum value addition(a) Plain gold jewellery and articles and ornaments 3%
like Mangalsutra containing gold and blackbeadslimitation stones, except in studded form ofjewellery.
(b) All types of studded gold jewellery and articles 5%\ thereof.
3.. Proposal of M/s. P. Mittal Manufacturing Pvt. Ltd. for setting up a Unit in NSEZ for I
~ z>:
(Minutes of Meeting of Approval Committee of Naida SEZ held on 22/08/2014
6. Proposal of Mis. Shree Raj Mahal Jewellers Ltd. for setting up a Unit in NSEZ for
manufacturing of Handcrafted/Machine made Gold/Silver Jewellery Plain/ Studded with
Precious/ Semi Precious/Synthetic Stones, Pearls & Diamonds.
Noida Special Economic ZonePage 2 of 19
Manufacturing of Oil Drilling Equipments, Machines, Tools, Parts and Accessories (as per
details in agenda note).
The Approval Committee discussed the agenda note at length and decided to approve the
proposal for the following activities:
Manufacturing of Oil Drilling Equipments, Machines, Tools, Parts and Accessories:
1. Casing pipe work fast make up connectors (1500 nos/PA)2. Fast make up connectors (1000 nos/PA)3. Tubing Retrievable Gas Lift Valve (2000 Nos/PA)4. Down Hole tools (200 Nos/PA)5. Wire Line Winch (06 Nos/PA)
4. Proposal of Mis. Impetus lrifotech (India) Pvt. Ltd. for setting up a Unit in NSEZ for
Information Technology Services such as Software Development, Test Engineering
and R&D Consulting.
The Committee deliberated on the agenda note and decided to approve the proposal for
undertaking activities i.e. Information Technology Services such as Software Development,
Test Engineering and R&D Consulting.
Further, the Joint Commissioner of Income Tax, Noida informed the Committee Members
that there was some income tax assessment related case pending in respect of the
company. The Committee, therefore, directed the applicant to produce assessment order
issued by the Income Tax Department.
5. Proposal of Mis. Q2A Services Pvt. Ltd. for setting up a Unit in NSEZ for Ad
Designing, Magazine and Directory page layout design, Proof readinq services and
Marketing material design.
No one turned up for the meeting. Therefore, the Committee decided to defer the proposal
for its next meeting.
The applicant told the Committee that they will not undertake any sub-contracting. The
Committee deferred the proposal with the directions to the applicant to submit a declaration
If IAo the effect that no sub-contracting shall be undertaken by them. The Committee alsoII.. .dIl""/
- Noida Special Economic ZonePage 3 of 19
{Minutes of Meeting of Approval Committee of Noida SEZ held on 22/08/2014
directed the applicant to submit a copy of agreement executed with the buyer for supply of
free of cost gold. Besides, the Committee also asked the applicant to submit revised
projections along with details of calculation towards fulfilment of value addition norms in
terms para 4A.2.1 of Handbook of Procedures (Vol. 1), as applicable, as per the following
norms:
SI.No. Item of export Minimum value addition(a) Plain gold jewellery and articles and ornaments 3%
like Mangalsutra containing gold and blackbeads/imitation stones, except in studded form ofjewellery.
(b) All types of studded gold jewellery and articles 5%thereof.
7. Proposal of MIs. Goel Exim (I) Pvt. Ltd. for setting up a Unit in NSEZ for
handcrafted/Machine made Gold/Silver Jewellery Plain/Studded with Precious/Semi
Precious /Synthetic Stones, Pearls & Diamonds.
The Committee deferred the proposal with the directions to the applicant to submit a copy of
agreement executed with the buyer for supply of free of cost gold for manufacturing of
jewellery. The Committee also directed the applicant to submit revised projections along
with details of calculation towards fulfilment of value addition norms in terms para 4A.2.1 of
Handbook of Procedures (Vol. 1), as applicable, as per the following norms:
SI.No. Item of export Minimum value addition(a) Plain gold jewellery and articles and ornaments 3%
like Mangalsutra containing gold and blackbeads/imitation stones, except in studded form ofjewellery.
(b) All types of studded gold jewellery and articles 5%thereof.
8. I Proposal of MIs. Daiwik Exports for setting up a Unit in NSEZ for Handcrafted/Machine
made Gold Jewellery (Plain/Studded with Precious/Semi Precious /Synthetic Stones, Pearls
& Diamonds).
The Committee deferred the proposal with the directions to the applicant to submit a copy of
agreement executed with the buyer for supply of free of cost gold for manufacturing of
jewellery. The Committee also directed the applicant to submit revised projections along
with details of calculation towards fulfilment of value addition norms in terms para 4A.2.1 of
Handbook of Procedures (Vol. 1), as applicable, as per the following norms:
SI.No. Item of export Minimum value addition(a) Plain gold jewellery and articles and ornaments 3%
r Ii- like Manqalsutra containinc cold and blacklJJJj.
(Minutes of Meeting of Approval Committee of Naida SEZ held on 22/08/2014
Noida Special Economic ZonePage 4 of 19
beads/imitation stones, except in studded form ofjewellery.
(b) All types of studded gold jewellery and articles 5%thereof.
9. Proposal of MIs. Oeepak Care Ltd. for setting up a Unit in NSEZ for Trading in Hospital
Goods, Medical Goods, Medicines.
The Committee deliberated on the proposal in detail and decided to approve the same for
undertaking activities relating to Trading in Hospital Goods and Medical Goods. The
Committee, however, did not allow trading in Medicines. The approval is subject to the
condition that necessary applicable approvals such as SCOMET licence for SCOMET items
from the DGFT; Licence from the Drug Controller and NOC from the Narcotics
Commissioner & D.G.H.S. shall be obtained to ensure necessary compliances with
statutory provisions.
10. Proposal of MIs. Encore Crafts for setting up a unit in NSEZ for Items of handicrafts
made of paper, paper board, cloth, fabric, fibre, with or without electrical fittings like
cord, holders, switch, lamps. Items of home decore and furnishings like bed sheet,
pillows, covers, curtains hangings etc.
Nobody from the applicant firm appeared before the Approval Committee. The Committee
deferred the proposal with the directions to the applicant to submit the details of GSM of
paper and classification of items along with complete manufacturing process detailing as to
how applicant will manage with only 9 employees, as proposed in the project report.
11. Proposal of MIs. Parisian Parfum Pvt. Ltd. for setting up a Unit in NSEZ for
Manufacturing of (a) EAU DE Perfume, EAU DE Toilette, Body Lotion, Perfume Body
Spray, Perfume Shower Gel, Room Freshner. (b) Perfume Gift set contain Perfume, Lotion,
Fragrance, Gel and other items related thereto (c) Other color cosmetics items.
The Committee discussed the proposal in detail and observed that there is some dispute
between M/s Alcome Perfumes & Cosmetics Pvt. Ltd. and SIDBI in respect of plot No. 59-
J(A). Therefore, the Committee decided to defer the proposal till settlement of said dispute.
12. Proposal of MIs. Centradrill Services LLP for setting up a Unit in NSEZ for
Manufacturing of Steel clamps and collers.
The representative informed the Committee that there will be no imported raw material for
It. (' manufacturing of proposed activities. The Committee, after due deliberations, approved the
L~
(Minutes of Meeting of Approval Committee of Noida SEZ held on 22/08/2014
Noida Special Economic ZonePage 5 of 19
proposal.
13. Proposal of MIs. Saksham Trade for setting up a Unit in NSEZ for CR Steel, Silicon
Steel, Carbon Steel and Color Coated Steel.
While discussing the proposal, the Joint Commissioner, Customs informed that in the
instant case duty on raw material and scrap is the same. The Committee, after due
deliberations, approved the proposal subject to condition that 100% physical export shall be
carried out by the unit and no sub-contracting would be allowed to it.
14. Proposal of MIs. SG Software Pvt. Ltd. for setting up a Unit in NSEZ for Software
Development.
The Committee discussed the proposal and decided to approve the same. The Committee
further advised the applicant to submit details of software which they intend to develop.
LOA to be issued on receipt of such details.
15. Proposal of MIs. Maya Crafts Pvt. Ltd. for setting up a Unit in NSEZ for Plain &
Studded Gold Jewellery.
The promoter of the applicant company could not turn up for the meeting as per email
received. The Committee deferred the proposal with the directions to the applicant to submit
a copy of agreement executed with the buyer for supply of free of cost gold for
manufacturing of jewellery. The Committee also directed the applicant to submit revised
projections along with details of calculation towards fulfilment of value addition norms in
terms para 4A.2.1 of Handbook of Procedures (Vol. 1), as applicable, as per the following
norms:
SI.No. Item of export Minimum value addition(a) Plain gold jewellery and articles and ornaments 3%
like Mangalsutra containing gold and blackbeads/imitation stones, except in studded form ofjewellery.
(b) All types of studded gold jewellery and articles 5%thereof.
16. Proposal of MIs. Divya Creations for setting up a second Unit in NSEZ for
Manufacturing of Gold Jewellery plain & studded with diamonds, precious, semi
precious & CZ stones; and Silver Jewellery plain & studded with diamonds, precious,
semi precious & CZ stones.f" 1. __
(Minutes of Meeting of Approval Committee of Noida SEZheld on 22/08/2014
19. Proposal of M/s. K.K. Exports for setting up a new Unit in NSEZ for Manufacturing of
Hair Dye and Henna Hair Colour. Trading of Kohl, Gulab Jal and Herbal Handmade
Soap.
,.! The Committee discussed the proposal and decided to approve the same subject to 100%\U \ J
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Noida Special Economic ZonePage 6 of19
The Committee, after due deliberations, approved the proposal for Manufacturing of (a)
Gold Jewellery plain & studded with diamonds, precious, semi precious & CZ stones; (b)
Silver Jewellery plain & studded with diamonds, precious, semi precious & CZ stones.
17. Proposal of M/s. Ved & Sons Products Pvt. Ltd. for setting up a new Unit in NSEZ for
Manufacturing/Assembling/Trading of Leather Goods, Bags, Holsters; Decorative &
Ceremonial Helmets, Knives, Swords, Daggers, Shield and Armor; and Toy Guns.
The Committee discussed the proposal in detail and decided to approve the same subject
to verification of veracity of declaration that the promoters of applicant company have no
relationship with M/s Windlass Steel Craft.
18. Proposal of M/s. Technix Electronics Pvt. Ltd. for setting up a Unit in NSEZ for
Refurbishing Services.
The Committee discussed the agenda note in detail and after due deliberations approved
the proposal for the following authorised operations:
Refurbishing Services in following items:
1. Laptops
2. Hard Drives
3. Mobiles
4. Electronic Toys
5. Tablet PC
6. LCD/LED
7. Cables
8. Computer Peripherals
9. Computer Accessories
The approval is subject to 100% export and further condition that exports shall have one to
one correlation with imports and all the reconditioned or repaired or reengineered products
and scrap or remnants or waste shall be exported and none of these goods shall be allowed
to be sold in the Domestic Tariff Area or destroyed.
(Minutes of Meeting of Approval Committee of Naida SEZheld on 22/08/2014
Noida Special Economic ZonePage 7 of 19
export and submission of declaration that they will ensure strict compliance with pollution
control norms while undertaking the approved activities.
20. Proposal of M/s. KPIT Technologies Ltd. for setting up a new Unit in NSEZ for IT
Enabled Services, I.T. Software Development, maintenance, Consultancy, Testing,
Business Process Outsourcing, etc.
The Committee discussed the proposal and decided to approve the same. The Committee
further advised the applicant to submit comprehensible specific details of activities to be
carried out under the proposed operations. LOA to be issued on receipt of such details.
21. Proposal of M/s. J M D Overseas for setting up a Unit in NSEZ for
Handcrafted/Machine made Gold Jewellery Plain/Studded with Precious/Semi
Precious /Synthetic Stones, Pearls & Diamonds.
The Committee deferred the proposal with the directions to the applicant to submit a copy of
agreement executed with the buyer for supply of free of cost gold for manufacturing of
jewellery. The Committee also directed the applicant to submit revised projections along
with details of calculation towards fulfilment of value addition norms in terms para 4A.2.1 of
Handbook of Procedures (Vol. 1), as applicable, as per the following norms:
SI.No. Item of export Minimum value addition(a) Plain gold jewellery and articles and ornaments 3%
like Mangalsutra containing gold and blackbeads/imitation stones, except in studded form ofiewellerv.
(b) All types of studded gold jewellery and articles 5%thereof.
22. Appeal of M/s. Garmex India, a unit in NSEZ against order dated 28/01/2014 of the
Approval Committee held on 20/01/2014.
The Committee discussed the matter and decided to obtain legal opinion in the matter from
the nominated Legal firm. The Committee further directed that on receipt of the legal
opinion, a speaking order, duly legally vetted, shall be issued.
23. Appeal of M/s. Sterling Flatware Ltd., a unit in NSEZ against order dated 27/01/2014 of
the Approval Committee held on 20/01/2014.
The Committee discussed the matter and decided to obtain legal opinion in the matter from
i r ~: nominated Legal firm. The Committee further directed that on receipt of the legalH J l J1_
?
(Minutes of Meeting of Approval Committee of Noida SEZ held on 22/08/2014
Noida Special Economic ZonePage 8 of 19
26. Proposal in respect of MIS VISHWAAS for Personal Hearing for adjudication of SCN.
I 27. Proposal in respect of MIs Jayshree Gems & Jewellery for renewal of LOA for next
five years in terms of rule 19(6) of SEZ Rules'06.
On specific query, the representative of the unit informed the Committee that he could not
complete the exit formalities because unit was not given allowed uls 10AA of the Income
Tax Act, 1961 which was finally allowed by the Hon'ble High Court. He requested for
.r. IT\revocation of 'in principle' exit approval dt. 14/06/2011 and renewal of LOA.
opinion, a speaking order, duly legally vetted, shall be issued.
24. Proposal in respect of MIs. Radha Jewellery Pvt. Ltd. for Change of Directors and
monitoring of performance in terms of Rule 54 of SEZ Rules, 2006..
The Committee considered the proposal and took note of change of directors of the
company. The Committee also monitored the performance of the unit on the basis of APRs
and noted achievement of positive NFE by the unit during first five year block i.e. from
12/07/2007 to 11/07/2012 and as on 31/03/2013 and compliance with the terms and
conditions of LOA.
25. Proposal in respect of MIs India Craft-loom for Monitoring of performance in terms of
Rule 54 of SEZ Rules, 2006.
The Committee monitored the performance of the unit and expressed its displeasure on
non-performance of the unit. The Committee directed the unit to submit an affidavit to the
effect that it would made export worth Rs. 5.00 crore within the validity of its LOA i.e. up to
29/03/2015 failing which unit's LOA will. be cancelled and no further opportunity shall be
given to the unit.
The Committee discussed the agenda note containing inter alia reasons of issuance of SCN
dated 27/03/2012 and detailed reply filed by the unit. After due deliberations, the
Committee imposed a fiscal penalty of Rs. 1.00 lakh on the unit under the provisions of the
Foreign Trade (Development & Regulation) Act, 1992 for non-realization of NFE amount of
Rs. 0.21 lakhs and thus resulting in zero NFE during the period of its operation. The
Committee also cancelled the LOA dt. 10104/2008 issued to the unit. It was also decided by
the Committee to inform to the RBI regarding unrealized export proceeds. The Committee
empowered the DC, NSEZ to issue Adjudication Order as per decision above.
llJI \ .•""'?
Noida Special Economic ZonePage 9 of 19
(Minutes of Meeting of Approval Committee of Noida SEZheld on 22/08/2014
The Committee deferred the proposal with the directions to the unit to submit revised
projections giving details of calculation towards fulfilment of value addition norms in terms
para 4A.2.1 of Handbook of Procedures (Vol. 1), as applicable, as per the following norms:
SI.No. Item of export Minimum value addition(a) Plain gold jewellery and articles and ornaments 3%
like Mangalsutra containing gold and blackbeads/imitation stones, except in studded form ofiewellerv.
(b) All types of studded gold jewellery and articles 5%thereof.
The Committee also directed the unit to submit an undertaking to the effect that no transfer
of building on the allotted plot shall be sought by it if the LOA is renewed for another block
of five year ending on 31/03/2015.
28. Proposal in respect of Mis Mahalaxmi Jewel Exports for change in Constitution of
firm and monitoring of performance.
The Committee considered the proposal and took note of change of constitution of the
firm/unit. The Committee also monitored the performance of the unit on the basis of
submitted APRs and noted achievement of positive NFE by it as on 31/03/2013 and
compliance with the terms and conditions of LOA.
29. Proposal in respect of Mis United Drilling Tools Ltd. for inclusion of Additional items
as authorized operations in LOA
The Committee considered the proposal. After detailed discussion, the Committee
approved inclusion of additional items in LOA and accordingly allowed amended authorized
operations in respect of LOA dt. 17/03/2011 as under:
Manufacturing of:
Oil Drilling, Production and exploration equipments, Machines, Tools, Components and
Spares parts including Wire Line Winches, Tubing and Wire line Retrievable Gas Lift
Valves, Down Hole Tools, Fast make up connectors, Casing pipe with connectors, Truck
Mounted Winches (Winches to be mounted on truck)
Services:
\
1. Engineering Consultancy Services2. Research and Development Services3. Design, Graphic and information System Services4. Technical Support Services and Technical Field Services
r. I~.Market Research and Survey
(Minutes of Meeting of Approval Committee of Noida SEZ held on 22/08/2014
Noida Special Economic ZonePage 10 of 19
30. Proposal for Change of Entrepreneur (by way of transfer of assets of MIs Northern
Petroleum Co. to MIs Sahasra Electronics Pvt. Ltd.) under Rule 19(2) read with Rule
74A of SEZ Rules, 2006.
The Committee discussed the proposal and decided to renew the LOA of Mis Northern
Petroleum Co. The Committee further directed the unit to submit the shareholding details in
respect of both the units for further consideration of proposal.
The Committee also monitored the performance of Mis Northern Petroleum Co. on the
basis of submitted APRs and noted achievement of positive NFE as on 31/03/2013 and
compliance with the terms and conditions of LOA by it.
The Committee considered the proposal for expansion I enhancement in Production
r. hCapacity and approved the same. The Committee also monitored the performance of the\ UlAl_.......-/
31. Proposal for transfer of building at Plot No. 144 in favour of MIs GCS Impex (NSEZ).
The Committee discussed the proposal at length and after due deliberations decided to
defer the proposal for obtaining legal opinion in the matter from the nominated Legal firm
regarding transfer of building to Mis GCS Impex (NSEZ).
32. Proposal for Change of Entrepreneur (by way of transfer of assets of MIs Attar Mohd.
Saeed Dawood & Co. to MIs Attar Mohd. Saeed Dawood & Bros) under Rule 19(2)
read with Rule 74A of SEZ Rules, 2006.
The Committee, after due deliberations, approved the proposal of change of Entrepreneur
(by way of transfer of assets of Mis Attar Mohd. Saeed Dawood & Co. to Mis Attar Mohd.
Saeed Dawood & Bros) under Rule 19(2) read with Rule 74A of SEZ Rules, 2006 subject to
fulfilment of exit formalities by Mis Attar Mohd. Saeed Dawood & Co.; payment of applicable
transfer charges and submission of an undertaking by incoming entrepreneur regarding
taking over the assets & liabilities of existing unit.
The Committee also monitored the performance of Mis Attar Mohd. Saeed Dawood & Co.
on the basis of submitted APRs and noted achievement of positive NFE during previous five
year block i.e. from 01/04/2007 to 31/03/2012 and as on 31/0312013 and compliance with
the terms and conditions of LOA by it.
33. Proposal in respect of MIs Piezo Technology India Pvt. Ltd. for Expansion I
Enhancement in Production Capacity.
(Minutes of Meeting of Approval Committee of Naida SEZ held on 22/08/2014
Naida Special Economic ZonePage 11 of 19
unit on the basis of submitted APRs and noted achievement of positive NFE as on
31/03/2013 and compliance with the terms and conditions of LOA by it.
34. Proposal for Personal Hearing to MIs Jagat Industrial Resources Ltd. for adjudication
of SCN dated 15/12/2011
The Committee reviewed the case and after due deliberations gave three weeks' time to the
unit to complete remaining exit formalities failing which further action for cancellation of LOA
and eviction proceedings shall be initiated against the unit.
35. Proposal in respect of MIs 8ackbay Clothing for renewal of LOA for next five years
and monitoring of performance.
The Committee discussed the case and also monitored the performance. After due
deliberations the Committee decided not to extend the LOA; and directed the Estate
Management, NSEZ to initiate action under the P.P. Act for eviction of unauthorized
occupancy. The Committee further empowered the DC to adjudicate the SCN dt.
12/12/2012 accordingly.
\ The Committee also monitored the performance of the unit on the basis of submitted APRs
and noted achievement of positive NFE as on 31/03/2013 and compliance with the termsI t I 1\
[\14 LAI~
36. Proposal in respect of MIs. GPL Exports Ltd for amendment in LOA
The Committee considered the proposal and approved the amendment In LOA as
requested by the unit.
The Committee also monitored the performance of the unit on the basis of submitted APRs
and noted achievement of positive NFE as on 31/03/2013 and compliance with the terms
and conditions of LOA by it.
37. Proposal in respect of MIs Herbul Henna Export House for Inclusion of trading
activities as authorized operation in LOA
The Committee considered the proposal and approved the amendment in LOA as
requested by the unit except that 'grains' shall be replaced with 'flour'. The approval is .
subject to condition that the unit will ensure strict compliance with the guidelines issuedlto
be issued by DGFT from time to time in this regard.
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Noida Special Economic ZonePage 12 of 19
42. Proposal in respect of M/s Pertech Exports Pvt. Ltd. for monitoring of
performance/compliance and consideration of renewal of LOA
I
and conditions of LOA by it.
38. Proposal in respect of M/s Cyber Futuristics India Pvt. Ltd. for Inclusion of Additiona
Services as authorized operation in LOA and monitoring of performance
The Committee considered the proposal and approved inclusion of additional services in the
LOA as requested by the unit.
The Committee also monitored the performance of the unit on the basis of submitted APRs
and noted achievement of positive NFE as on 31/03/2013 and compliance with the terms
and conditions of LOA by it.
39. Proposal in respect of M/s. Bullet International for extension for completion of exit
formalities/monitoring of performance
The Committee considered the request of the unit and allowed extension for compliance
with exit formalities up to October, 2014 in respect of both LOAs failing which further action
inter alia eviction proceedings shall be initiated against the units.
40. Proposal of M/s Moser Baer India Ltd. for withdrawal of in-principle exit approval from
SEZ and Renewal of LOA for Diversification to LED Manufacturing Business.
In respect of LOA of 2008 the Committee directed the unit to complete the exit formalities
within next three months.
In respect of LOA of 1990, the Committee deferred the proposal with the directions to the
unit to submit revised projections with concrete proposal for further consideration.
41. Proposal in respect of M/s Furniture for USA for monitoring of
performance/necessary directions
The Committee deferred the case with the directions to the unit to submit revised
projections with credible business plan & objective targets within 15 days for further review.
The Committee monitored the performance of the unit on the basis of submitted APRs and
noted achievement of positive NFE as on 31/03/2013 and compliance with the terms and
conditions of LOA by it.I r f\
43.
(Minutes of Meeting of Approval Committee of Noida SEZ held on 22/08/2014
r "The Committee discussed the proposal in detail and decided to extend the LOA for five
JJ-t A~
Noida Special Economic ZonePage 13 of 19
The Committee further considered the proposal for LOA extension and after detailed
discussions decided to extend the LOA for five years i.e. up to 05/08/2017 subject to the
following conditions:
i) 100% physical export shall be carried out by the unit.ii) Unit/promoters shall ensure that penalty of Rs. 4.40 lakhs previously imposed on
their another unit Mis NEK Electronics Ltd. is deposited.iii) Unit shall give credible business plan & objective targets for further review.
Proposal of Mis Interactivity Broadband Telecommunication Pvt. Ltd. for monitoring
of performance, Hearing for adjudication of SCN and Renewal & Amendment of LOA.
The Committee considered and decided to extend the LOA for five years i.e. up to
24/03/2018 for undertaking existing authorised operations.
The Committee further decided to defer the proposal for adjudication of SCN with the
directions to the unit to submit business planltechnical write up for past/proposed business
activities in a comprehensible manner and on receipt of reply from the unit the matter
regarding non filing of softex by the unit shall be referred to the RBI for clarification. Further
action for amendment of LOA and adjudication of SCN shall be taken on receipt of
clarification from the RBI.
44. Proposal of Mis. Electro Optic Systems Division (Unit - II) [A division of Mis. Optic
Electronic India Pvt. Ltd.] for change of name of unit & Amendment in LOA
The Committee considered and decided to take note of change of name of unit from Mis.
Electro Optic Systems Division (Unit - II) [A division of Mis. Optic Electronic India Pvt. Ltd.]
to Mis Optic Electronic India Pvt. Ltd. For proposal for amendment in LOA, the Committee
decided to refer the matter to BOA in view of initial approval being from the BOA.
The Committee also monitored the performance of the unit on the basis of submitted APRs
and noted achievement of positive NFE as on 31/03/2013 and compliance with the terms
and conditions of LOA by it.
45. Proposal in respect of Mis iGATE Computer Systems Ltd. for review of compliance
with terms & conditions of change of entrepreneur; monitoring of performance;
proposal for LOA renewal and merger of Mis iGate Computer Systems Ltd. with
iGATE Global Solutions Ltd.
'Ie
(Minutes of Meeting of Approval Committee of Naida SEZ held on 22/08/2014
47. Proposal in respect of M/s Virtual Studio Pvt. Ltd. for Hearing for adjudication of SCN
on commencing export prior to execution/acceptance of Bond-cum-LUT; taking note
of DCP & monitoring of performance.
48. Proposal of M/s Virtual Employee Pvt. Ltd. for expansion of project / requirement of
additional space
49. Proposal in respect of M/s. Rohtan ITS India Pvt. Ltd. for change of
name/shareholding and monitoring of performance.
1\The Committee discussed the proposal and took note of change of namelshareholding of
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Noida Special Economic ZonePage 14 of 19
years i.e. up to 18/06/2018. The Committee also decided to take the merger of Mis iGATE
Computer Systems Ltd. with iGATE Global Solutions Ltd. on records subject to compliance
with usual conditions as may be intimated to the unit by Project/Estate Section, NSEZ
respectively.
The Committee also monitored the performance of the unit on the basis of submitted APRs
and noted achievement of positive NFE as on 31/03/2013 and compliance with the terms
and conditions of LOA by it.
46. Proposal in respect of M/s Mohan Gems & Jewels Pvt. Ltd. for Monitoring of
performance and Enhancement of production capacity.
The Committee approved the enhancement of production capacity, as proposed, subject to
condition that the unit will provide copy of agreement executed with the buyer for supply of
free of cost gold for manufacturing of jewellery. The Committee was also informed by the
unit representative that they will not carry out any sub contracting outside the zone.
The Committee further monitored the performance of the unit on the basis of submitted
APRs and noted achievement of positive NFE as on 31/03/2014 and compliance with the
terms and conditions of LOA by it.
No one turned up for the meeting. The Committee decided to defer the matter with the
directions to issue a final notice to the unit to ensure its appearance before the Committee
in its next meeting.
The Committee considered the proposal and approved the same.
(Minutes of Meeting of Approval Committee of Noida SEZheld on 22/08/2014
Ir ~he Committee discussed the agenda note in detail and also monitored the performance of
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Naida Special Economic ZonePage 15 of 19
the company subject to compliance with usual conditions as may be intimated to the unit by
Project/Estate Section, NSEZ respectively.
The Committee also monitored the performance of the unit on the basis of submitted APRs
and noted achievement of positive NFE as on 31/03/2013 and compliance with the terms
and conditions of LOA by it.
50. Proposal in respect of M/s ACPL Products Pvt. Ltd. for change of name of company;
Monitoring of Performance and compliance with UPPCB norms.
The Committee discussed the proposal and took note of change of name of company from
ACPL Products Pvt. Ltd. to Agra Products Pvt. Ltd. subject to usual terms and conditions as
may be intimated to the unit by Project/Estate Section, NSEZ respectively.
The Committee also monitored the performance of the unit on the basis of submitted APRs
and noted achievement of positive NFE by it during five year block i.e. from 01/08/2008 to
31/07/2013 and as on 31/03/2014. The Committee however directed the unit to obtain
within one month the requisite extension from the RBI in respect of pending unrealized
export proceeds and submit a copy of the same to 010 DC, NSEZ for further review.
The Committee also discussed the matter regarding non-issuance of consent under the Air
and Water Act to the unit by the UPPCB, with the RO, UPPCB present in the meeting. The
Committee directed the R.O., UPPCB to look into the matter. He assured to revisit the unit
and sort out the matter early.
51. Proposal of M/s Sparta Infotech India Pvt. Ltd. for merger/amalgamation of into KPIT
Technologies Ltd.lChange of name; and monitoring of performance.
The Committee discussed the proposal and decided to take the mergerlamalgamation on
records. The Committee also monitored the performance of the unit on the basis of
submitted APRs and noted achievement of positive NFE by it during previous five year
block i.e. from 3010512008 to 29/05/2013 and as on 31/03/2014 and compliance with the
terms and conditions of LOA by it.
52. Proposal in respect of M/s JP Horology for Adjudication of SCN and consideration of.
LOA extension
lx:
(Minutes of Meeting of Approval Committee of Naida SEZheld on 22/08/2014
The Committee discussed the agenda and directed the Specified Officer, NSEZ to issue a
Ir. /r\show cause notice to the unit on the matter at the earliest. On receipt of findings from the
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Noida Special Economic ZonePage 16 of 19
the unit during previous block of five years i.e. from 01/04/2007 to 31/03/2012. The
Committee decided to approve extension of LOA for remaining 4~ years i.e. up to
31/03/2017 for the current block of five years. The extension is subject to 100% export and
clearance of all outstanding lease rental dues by the unit by 1st Sept, 2014. The Committee
further empowered the DC, NSEZ to issue adjudication order against the SCN accordingly.
53. Proposal of MIs Ajit Exports for LOA extension in terms of rule 19(6) of the SEZ
Rules, 2006.
The Committee deferred the proposal with the directions to obtain legal opinion from the
nominated legal firm on the matter of extension of LOA and place the case again before the
Committee on receipt of the legal opinion.
54. Proposal of MIs Jindal Exports & Imports Pvt. Ltd. for LOA extension in terms of rule
19(6) of the SEZ Rules, 2006.
The Committee deferred the case with the directions to the unit to submit revised
projections with credible business plan & objective targets for further monitoring and
decision on L9A extension.
55. Proposal of MIs M.D. Overseas Ltd. for LOA extension in terms of rule 19(6) of the
SEZ Rules, 2006.
The Committee deferred the case with the directions to the unit to submit revised
projections with credible business plan & objective targets for further monitoring and
decision on LOA extension/sharing permission.
56. Proposal of MIs Aksasia Creations Pvt. Ltd. (Unit-II) for extension of LOA in terms of
rule 19(4) of the SEZ Rules, 2006.
The Committee, after discussion, approved extension of LOA up to 02/07/2015 subject to
submission of revised projections with credible business plan & objective targets.
57. Proposal of MIs Sterling Ornaments Pvt. Ltd. for clearance of brass scrap
compressed into bricks, in OTA
[Minutes of Meeting of Approval Committee of Noida SEZ held on 22/08/2014
Noida Special Economic ZonePage 17 of 19
61. Proposal in respect of MIs Aar Ess Exim Pvt. Ltd. regarding submission of Utilisation
details & issuance of Form-Ir. 11,
S.O., case shall be placed before the Committee for further appropriate directions.
58. Proposal of MIs Nirmal Overseas Ltd. for Inclusion of trading items in LOA and
monitoring of performance.
No one turned up for the meeting. The Committee deferred the case for its next meeting.
59. Proposal of MIs Divya Creations for clarification on applicability of FORMF for Import
of used, unused, new, broken plain & studded jewellery for remaking
The Committee discussed the agenda and in view of the fact that since the authorised
operations already approved to the unit contain Remaking of Outdated/Old Jewellery hence
it was decided that submission of fresh FORM F is not required.
60. Proposal for Inclusion of additional services in the list of default services approved
by the Approval Committee in the meeting held on 26.09.2013 & 20.01.2014, in terms
of Notification No. 12/2013-ST dated 01.07.2013.
The Committee approved the following 06 more services as default authorised services in
terms of DOC letter no. D-12/19/2013-SEZ dated 19thJune, 2014 & subsequent letter dated
9thJuly, 2014 for the sake of uniformity across all SEZs:
(i) Air Travel Agent Services(ii) Rail Travel Agent's Services(iii) Travel Agent's Services(iv) Business Support Service(v) Transport Passengers by Air(vi) Accommodation Service
The Committee further also considered in terms of guidelines laid down in Instruction No.
79 dt. 19.11.2013 and DOC letter dated 24th June, 2014 the services (other than default
services) as applied by individual NSEZ units and approved the same with modification in
'Telephone Services' as 'Telephone Services (other than mobile)'. The Following services
have not been approved by the Committee:
1. Tour Operator Services2. Insurance business services (Life Insurance)3. Real Estate Agent services4. IPLC Service
(Minutes of Meeting of Approval Committee of Naida SEZ held on 22/08/2014
Noida Special Economic ZonePage 18 of 19
The Committee noted that the mistake on the part of the unit appeared to be bonafide. Unit
was directed to submit a certificate from the Commercial Tax Department that all Form-I in
question have been utilized for purchases made by the unit from within the state of UP.
The Committee further directed that a warning letter be issued to the unit to be more careful
in future and not to repeat such mistake failing which strict action shall be initiated against
the unit.
62. Proposal for monitoring of Non-utilization of Plot No. 59-J(B) by MIs Impetus Infotech
India Pvt. Ltd.
The Committee discussed the agenda note and allowed next three months' time to the unit
for completion of construction and commencement of production from the plot in question.
63. Proposal in respect of MIs. Pana Exports for monitoring of performance
The Committee directed the unit to first submit revised projections with credible business
plan & objective targets for further monitoring and appropriate decision.
64. Proposal of MIs Shree Namo Alloys for amendment in LOA; monitoring of
performance and adjudication of SCN.
Unit representative explained that they have given the value of CIF in place of FOB value in
their APRs inadvertently which resulted in negative NFE. Unit claimed to have earned
positive NFE during previous five years' block. The Committee directed the unit to submit
revised APRs for re-examination. On receipt of revised APRs and verification of their
veracity, the SCN shall be adjudicated and request for LOA amendment shall be considered
thereafter.
66. Supplementary Agenda items:,
65. Issues discussed with the representative of concerned Department:
Issue of Electricity duty exemption in the case of MIs Stalwart Overseas and MIs
Medico Electrodes International: The Committee directed the SDO, UPPCL present in
the meeting to look into the matter and get the same sorted out.
Issue of renewal of WaterlAir consent from the UPPCB in the case of MIs SSP Pvt.
Ltd.: The unit meanwhile informed that the matter has been sorted out.
r /\ 1. Proposal in respect of MIs Alcome Perfumes & Cosmetics pvt. Ltd. for
~