RMZ ECOWORLD INFRASTRUCTURE PVT. LTD. SEZ. 28 th (1/2015 series) APPROVAL COMMITTEE MEETING DATE : AGENDA--

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1 RMZ ECOWORLD INFRASTRUCTURE PVT. LTD. SEZ (Formerly Adarsh Prime Projects Pvt. Ltd. SEZ) 28 th (1/2015 series) APPROVAL COMMITTEE MEETING DATE : AGENDA-- Venue: SEZ Bhavan, 120-C, EPIP, Whitefield, Bangalore

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3 RMZ ECOWORLD INFRASTRUCTURE PVT. LTD. SEZ, Bangalore Approval Committee Members Date Shri Madhup Vyas, Director, Government of India, Department of Commerce, Udyog Bhavan, New Delhi Shri V. Sraman, Jt. Director General of Foreign Trade C & E Wing, 6th Floor, Kendriya Sadan, 17th Main, 2nd Block, Koramangala, Bangalore. v.sraman@nic.in 3. Shri Surjith Bhujabal, Commissioner of Central Excise, Bangalore I Commissionerate, P.B. No.5400, Central Revenue Building Queens Road, Bangalore cexbang@excise.nic.in shailu11704@rediffmail.com commrcexbangalore1@gmail.com Ph: Fax: Shri S.C. Goyal, IRS, Commissioner of Income Tax, Bangalore-1 Commissionerate, C R Building, Queen s Road, Bangalore satgoyal@yahoo.co.in Fax: Tel: Shri Sanjeev Kumar Jindal, Deputy Secretary (IF-I), Ministry of Finance, Govt of India, Jeevan Deep Building, Sansad Marg, New Delhi. 6. Shri Srivatsa Krishna, IAS Secretary to Government of Karnataka, Department of IT, BT & Science & Technology, 6th Floor, 5th Stage, Multi Storeyed Building, Dr. B.R.Ambedkar Veedhi, Bangalore prsegv@gmail.com; itbtsec@gmail.com Ph: , Fax: Shri Gaurav Gupta Commissioner for Industrial Development & Director of Industries & Commerce, Govt of Karnataka, Khanija Bhavan, (South Wing), No 49, Race Course Road, Bangalore Fax: , Tel: commissioner@karnatakaindustry.gov.in 8. Shri P. Unnikrishnan, General Manager, RMZ Ecoworld Infrastructure Pvt. Ltd. The Millennia Tower B, Level 12-16, No.1&2, Murphy Road, Ulsoor, Bangalore unni.krishnan@rmzcop.com 3

4 Agenda for the 28 th Meeting (1/2015 series) of Approval Committee of RMZ Ecoworld Infrastructure Pvt. Ltd SEZ (formerly known as Adarsh Prime Projects Pvt. Ltd. SEZ) to be held on at am Sl. No. Agenda items A Confirmation of the Minutes of 27 th (8/2014 series) Meeting of Approval Committee. 1 B Action taken on decisions of previous meeting 1 C To consider the following : Application for approval of additional service item submitted by 1 M/s Danske IT and Support Services India Pvt. Ltd., Bangalore. 2 Annexure I, I/A). D Any other matter with the approval of the Chairperson. Pages. A Confirmation of the minutes of the last meeting The minutes of the 27 th meeting of the Approval Committee ( 8/2014 ) held on is placed at Annexure-A.. This may be confirmed. B. Action taken on decisions of previous meeting: Sl No Approvals 1 Application for approval of setting up of a new unit in RMZ Ecoworld Infrastructure Pvt. Ltd SEZ Bangalore, submitted by M/s Liquent Software India Pvt. Ltd., Bangalore. 2 Application for approval of setting up of a new unit in RMZ Ecoworld Infrastructure Pvt. Ltd SEZ Bangalore, submitted by M/s Danske IT and Support Date issue Approval Services India Pvt. Ltd., Bangalore. 3 Application for approval of additional list of services submitted by M/s UnitedHealth Group Information Services Pvt. Ltd., Bangalore Application for approval of expansion of existing Unit, submitted by M/s Virtusa Consulting Services Pvt. Ltd., Bangalore of of 4

5 C.1. Application for approval of additional service item submitted by M/s Danske IT and Support Services India Pvt. Ltd., Bangalore.. M/s Danske IT and Support Services India Pvt. Ltd, Bangalore. holding a Letter of Approval No. KA:06:06:RMZSEZ:01:2A:29 dated vide their letter dated has submitted an application for approval of additional list of service item viz. Management Consultancy Services for carrying out authorized operation, (as annexed) which are not covered in the default list of services issued by the Department of Commerce, Govt. of India, as per Notification No.12/2013-ST dated and circulated vide this office Circular No.2/2014 dated The unit has submitted the nature of services and justification in relation to authorised operation of the said services, but the name of vendor has not been submitted. The request of the unit is placed before the Approval Committee for consideration and approval. (Annexure-I/A). 5

6 . No.KA:06:27 OFFICE OF THE DEVELOPMENT COMMISSIONER RMZ ECOWORLD INFRASTRUCTURE PVT. LTD. SPECIAL ECONOMIC ZONE CSEZ ADMINISTRATIVE BUILDING, KAKKANAD, KOCHI Minutes of the 27 th Meeting of the Approval Committee (8/2014 series) of RMZ Ecoworld Infrastructure Pvt. Ltd. Special Economic Zone held on 23 rd December, The 27 th Meeting of the Approval Committee (8/2014 series) of RMZ Ecoworld Infrastructure Pvt. Ltd. Special Economic Zone, Bangalore, constituted under Section 13 of Special Economic Zones Act, 2005, was held on 23 rd December, 2014 at am. The meeting was chaired by Dr. Safeena A.N., Development Commissioner at SEZ Bhavan, Whitefield, Bangalore. 2. The following members were present: a) Ms. Prajwala M.N Asst. Commissioner of Central Excise, Bangalore I. (As nominee of Shri Surjith Bhujabal, Commissioner of Central Excise & Customs, Bangalore-I Commissionerate.) b) Shri D. Phani Kumar, Dy. Commissioner of Service Tax, Bangalore. (As nominee of Shri Sanjay Pant, Commissioner of Service Tax, Bangalore) - (Special Invitee). c) Shri Md. Ateequlla Shariff, Dy. Director SEZ (As nominee Shri Gaurav Gupta, Commissioner for Industrial Development and Director of Industries & Commerce, Bangalore.) d) Shri Bharath G. L., Senior Manager (Finance), RMZ Ecoworld Infrastructure Pvt. Ltd. SEZ, Bangalore. (Developer Special Invitee) Leave of absence of Shri Madhup Vyas, Director, Department of Commerce, New Delhi, Shri V. Sraman, Jt. Director General of Foreign Trade, Bangalore, Shri S.C. Goyal, Commissioner of Income Tax, Bangalore -1, Shri Sanjeev Kumar Jindal, Deputy Secretary (IF-I), Ministry of Finance, New Delhi and Shri Srivatsa Krishna, Secretary to Government of Karnataka, Bangalore, were noted. The Chairperson noted the lack of quorum for the meeting. Since the transaction of SEZ cannot be held up, the Chairperson has taken up the agenda items as per procedure laid down for the Approval Committee. 3. At the outset the Chairperson welcomed the members of the Approval Committee. 4. The following items in the agenda, circulated in advance, were thereafter taken up for consideration: A. Confirmation of the minutes of the 26 th meeting of the Approval Committee. The minutes of the 26 th meeting of the Approval Committee held on was confirmed. B. Action taken on the decisions of the previous meeting. The Chairperson informed the members that the following decisions of the last meeting had been communicated: Sl Approvals Date of issue of Approval No 1 Application for approval of additional list of goods (Mechanical Car Parking System) submitted by RMZ Ecoworld Infrastructure Pvt. Ltd. SEZ (Developer), Bangalore Review of Performance of the Units in RMZ Ecoworld Infrastructure Pvt Ltd. SEZ, Bangalore under Rule 54 of SEZ rules, 2006 for the financial year Supplementary Agenda :- Application for setting up of a unit in RMZ Ecoworld Infrastructure Pvt. Ltd. Special Economic Zone, Bangalore submitted by M/s Epicor Software India Pvt. Ltd., Bangalore. Review approved Contd.. 6

7 -:2:- C. The following approvals were considered by the Approval Committee:- 1. Application for approval of setting up of a new unit in RMZ Ecoworld Infrastructure Pvt. Ltd SEZ Bangalore, submitted by M/s Liquent Software India Pvt. Ltd., Bangalore. The Chairperson informed the Committee that M/s Liquent Software India Pvt. Ltd. vide their letter dated received by this office on has submitted an application for setting up of a unit at RMZ Ecoworld Infrastructure Pvt. Ltd. SEZ, Bangalore for authorised operation of Software Development. The applicant has also stated that they shall avail the facility of transferring employees of the existing STPI unit to the new SEZ unit in terms of Circular No.14/2014 dated issued by the Department of Revenue, CBDT, Ministry of Finance. The Chairperson further informed the Committee that the projected exports of the new unit for the first block of five years is Rs lakh and NFE of Rs lakh. Decision of the Committee: The Committee noted that the application was accompanied by all relevant documents as stipulated and conforms to all requirements of Rule 18(2) of SEZ Rules 2006 and approved the proposal. 2. Application for approval of setting up of a new unit in RMZ Ecoworld Infrastructure Pvt. Ltd SEZ Bangalore, submitted by M/s Danske IT and Support Services India Pvt. Ltd., Bangalore. The Chairperson informed the Committee that M/s Danske IT and Support Services India Pvt. Ltd. vide their letter dated received by this office on has submitted an application for setting up of a unit at RMZ Ecoworld Infrastructure Pvt. Ltd. SEZ, Bangalore for authorised operation of Information Technology Software Development and Consultancy Service. The Chairperson further informed the Committee that the projected exports of the new unit for the first block of five years is of lakh and NFE of Rs lakh. Decision of the Committee: The Committee noted that the application was accompanied by all relevant documents as stipulated and conforms to all requirements of Rule 18(2) of SEZ Rules 2006 and approved the proposal. 3. Application for approval of additional list of services submitted by M/s UnitedHealth Group Information Services Pvt. Ltd., Bangalore. The Chairperson informed the Committee that M/s UnitedHealth Group Information Services Pvt. Ltd. Bangalore vide their letter dated has submitted an application for approval of list of services for carrying out authorised operation, which are not covered in the default list of services issued by the Department of Commerce, Govt. of India, as per Notification No.12/2013-ST dated and circulated vide this office Circular No.2/2014 dated Contd.. 7

8 KA:06:27 -:3:- The following are the additional list of services submitted for approval:- 1. Management or Business Consultant Services 2. Business Support Services. 3. Employee related Insurance Services Out of the three services given above, the Business support services is already covered in the default list of services as expanded by the Department of Commerce vide F. No. D. 12/19/2013-SEZ dated and circulated by this office Circular No.2/2014 dated Hence, no separate approval of UAC required for availing the service item viz. Management or Business Consultant s Services and Employee related Insurance Services. Decision of the Committee: The Committee while considering the request, noted that M/s UnitedHealth Group Information Services Pvt. Ltd. Bangalore has not been furnished the name of vendors for the service item viz. Management or Business Consultant s Services. They have only submitted the nature of services and justification in relation to authorised operation of the said service. However, after due deliberation, the Committee approved the said service item subject to furnishing the name of vendors of the above said service item. The Committee further noted that the service item viz., Employee related Insurance Services as sought for by the Unit cannot be permitted vis-à-vis their authorised operations. However, the representative of the unit tried to justify the requirement of the said services for authorised operation. Hence, the Committee directed the unit to quantify the Service Tax involved while availing the services in value terms and to submit a revised application in the next UAC. 4. Application for approval of expansion of existing Unit, submitted by M/s Virtusa Consulting Services Pvt. Ltd., Bangalore. The Chairperson informed the Committee that M/s Virtusa Consulting Services Pvt. Ltd. Bangalore, vide their letter dated has submitted a request for approval of revised projections due to adding additional space of Sq. ft. in another building 7 th floor, Block 4/A, RMZ Ecoworld Infrastructure Pvt. Ltd. SEZ, Sarjapur, Marathahalli Outer Ring Road, Devarabeesanahalli Village, Varthur Hobli, East Taluk, Bangalore Since the construction work of the proposed main premises is under progress the unit has availed incubation facility till the additional premises is ready. Consequent on increase in the original projected space, the other parameters of the project of the unit in RMZ Ecoworld Infrastructure Pvt. Ltd. SEZ will be revised to the following extent:- Contd.. 8

9 -:4:- Sl. No Existing approval (Rs. In lakh) Additional proposal (Rs. In lakh) Description R Total s FOB value of Exports for 5 years period 2 Foreign Exchange Outgo I NFE (1-2) Imported Capital Goods n Indigenous Capital Goods Men Women l Men Women Men Women 5 Employment (Men & Women) ( Nos) a Space occupied by the Unit ( Sq.ft) k 6 33,909 Sq.ft. 46,252 Sq. ft. 80,161 Sq.ft. h s Decision of Decision of the Committee: The Committee after due deliberation approved the proposal for adding additional space and consequent revision in the existing projections as shown above. Sd/- (Dr. Safeena A.N.) Chairperson Approval Committee RMZ Ecoworld Infrastructure Pvt. Ltd. SEZ Annexure-I 9

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