KIADB AEROSPACE SEZBANGALORE --AGENDA-- 6 TH APPROVAL COMMITTEE MEETING (1/2015 SERIES) DATE :06.07.2015 TIME : 11.30 A.M VENUE: SEZ BHAVAN, WHITEFIELD, BANGALORE-560 066 1
Mailing List 1 Shri Madhup Vyas, Director (SEZ) DoC, MoC&I, Govt. of India UdyogBhavan, New Delhi 110 107. Fax:011-23063419 Email: moc_epz@nic.in 3. Shri SurjithBhujabal Commissioner of Central Excise, Bangalore-1Commissionerate, C R Building, Queen s Road, Bangalore 560 001. Ph:080 2286 4073, Fax:0802286 4170 cexbang@excise.nic.in commrcexbangalore1@gmail.com 5. Shri Sanjeev Kumar Jindal, Deputy Secretary (IF-1), Ministry of Finance, Govt of India Jeevan Deep Building, Parliament Street, Sansad Marg, New Delhi. Fax No.011-23742207 7. Shri Gaurav Gupta, Commissioner for Industrial Development & Director of Industries & Commerce, Govt of Karnataka, KhanijaBhavan, (South Wing), No 49, Race Course Road,Bangalore 560 001. Ph: 080-22386796,Fax: 080-22389909 commissioner@karnatakaindustry.gov.in 2. Shri S.K. Sharma Jt. Director General of Foreign Trade C & E Wing, 6 th Floor, KendriyaSadan, 17 th Main, 2 nd Block, Koramangala, Bangalore 560 034. Fax: 080-25537214 4. Shri Patanjali, Commissioner of Income Tax, Large Tax Payers Unit (LTU), JSS Towers, BanashankariIII rd Stage, 100 Feet Ring Road, Bangalore 560 085. Email: cit.ltu.bangalore@nic.in, cit.ltu.bangalore @gmail.com Fax: 080 26893929, Ph: 080-26893932/26893930 6. Shri Srivatsa Krishna, Secretary to Government of Karnataka, Department of IT, BT & Science & Technology,6th Floor, 5th Stage, Multi StoriedBuilding,Dr. B.R.AmbedkarVeedhi, Bangalore 560 001. itbtsec@gmail.com, skrishna@outlook.com skrishna@gov.in Ph:08022280562/08022032434/08022374314 Fax: 080 22288340 8. Shri Eugene E. Karthak, Regional Director, Reserve Bank of India, 10/3/8, Nrupathunga road, Bangalore 560 001 Tel:080-22212789 Fax: 80-22210185 Email: rdbengaluru@rbi.org.in 9. Shri B.S.Shekarappa, IAS, CEO & Executive member, KIADB, 4 th floor, khanijabhavan, 49, Race course Road, email:ceoemkiadb@gmail.com CC: kiadb@mail.nic.in 2
Agenda for the 6 th Approval Committee Meeting (1/2015 Series) of KIADB Aerospace Special Economic Zone to be held on 06.07.2015.. KA:38:11:KIADB(Aero):1Z A. Confirmation of the Minutes of the 5th Meeting (4 th Serires) of the Approval committee held on 10.10.2014 B. Action taken on decision of previous Meeting of the Approval Committee (4/2015 series) held on 10.10.2015 C. To consider the following: 1. Approval for setting up of SEZ Unit a) Proposal for setting up of New unit in KIADB Aerospace SEZreceived vide letter dated 19.05.2015 from M/s.Bliss Aerospace Components Private Limited. (Page No. 7,8 ). 2. Approval of List of materials 3. Approval of List of services 4. Misc approvals for authorised operations in the processing zone D. Any Other matter with the approval of the Chairman/Chair person 3
A. Confirmation of the Minutes of the 5 th Meeting (4/2015 series) of the Approval committee held on 10.10.2014. 4
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B. Action Taken on the decisions of the previous meeting Sl. No. Approval Date of issue of Letter of Approval 1. Application of M/s.CIM Tools Private Limited, for setting up of a new unit in KIADB (Aerospace) SEZ. LoP issued on 13.10.2014 C. Consideration of applications: 1. Approval for setting up of SEZ Unit M/s.Bliss Aerospace Components Private Limited,68/1-2,Lakshmi Complex, Industrial Suburb,Yeshwanthpur, Bangalore 560 022 has submitted an application to set up a new unit in KIADB Aerospace SEZ, Bangalore, for manufacture and export of Aerospace components,. The projected exports of the unit for the first five years are Rs. 1,485.00 lacs and NFE is Rs. 493 lacs ($:782.54 thousands). The proposal is placed before the Unit Approval Committee for consideration under provision of Sec 14 of SEZ Act, 2004. Summary of New Unit Application Appended hereto (Annexure I) 2. Approval of List of materials 3. Approval of List of services 4. Misc approvals for authorised operations in the processing zone D. Any Other matter with the approval of the Chair person **END** 6
Annexure-I M/s. Bliss Aerospace Components Private limited, File No. KA:38:11:KIADB (Area):2F M/s. Bliss Aerospace Components Private limited, vide letter dated 19.05.2015 has submitted an application in Form F for LoA for setting up of a Unit for manufacture and export of Aerospace components KIADB Aerospace SEZ, Devanahalli, Bangalore. DD bearing No.520351 dated 17.06.2015 for Rs.10,000 was forwarded to PAO, Cochin, vide letter dated 22.06.2015. Furnished below is the Summary of Application: Name of Applicant M/s. Bliss Aerospace Components Private Limited, 68/1-2,Lakshmi Complex, Industrial Suburb, Yeshwanthpur, Bangalore 560 022. Date of Application 19.05.2015 Date of submission 15.06.2015 Name & Address of the Directors 1. Mr. Akhil Khanna, Managing Director 2. Smt. Vanita Khanna, Director 3. Mr. Raj Krishan Khanna, Director Item of manufacture/service Employment Project Summary Men 25 Women 5 Export for 5 years(value) (Rs.in lakh) 1 ST Year 80.00 2 nd Year 303.00 3 rd Year 333.00 4 th Year 366.00 5 th Year 403.00 Total (INR) 1,485.00 (In US$ in thousands) $:2357.14 Import of Capital Goods for 5 years 100.00 Other Outflow for 5 years 892.00 Total Outflow for 5 years 992.00 NFE for 5 years 493.00 Foreign equity participation (Rs. in lacs) 132.40 7
Area to be allotted in sq. Mts. i) Built up area 1009.00 ii) Land 359 Requirement of water (in KL) 0.5 KL Nature of effluent 500 Ltrs Requirement of power (KVA) 200 KVA Check list for Enclosure: Application fee DD for Rs.10000/drawn in favour of The Pay & Accounts Officer, Cochin Special Economic Zone Affidavit of undertaking as prescribed in the Form-F in stamp paper Developer s provisional letter of allotment of space in SEZ Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association in case of companies and attested copy thereof. Income tax returns of proprietors/partners for the last 3 years. PAN of Applicant Residence proof of Promoters/Directors Project Report indicating list of Capital Goods to be imported/ procured, Description of Raw Materials and other imports, Technical Collaboration, Marketing collaboration, activities purposes etc(including a write up on the background of the promoters establishing their credentials and standing) DD No.520351 dated for Rs.10,000.00 Yes, enclosed Yes, enclosed Yes, enclosed Yes, enclosed Yes, NOT enclosed PP Copy enclosed Yes; Project Report with Write Up enclosed The applicant is a KIADB Aerospace SEZ, Devanahalli, Bangalore, already engaged in operation for manufacture and export of Aerospace components with a strength of 30 employees (Both Men and Women) and the present SEZ Unit has an additional investment of Rs.208.00 Crores. The application submitted on line and the hard submitted to the office does not tally in facts and figures, The application is not properly filed with accurate information against relevant columns. Also the handwritten amendments in the online submitted hard copy not acceptable. The applicant has to re-submit revised applications with relevant information before placing the same in the UAC. However, we may place the proposal before the the Unit Approval Committee for consideration under provision of Sec 14 of SEZ Act, 2004, if proper application is submitted or to defer the matter in UAC, otherwise. 8