Minutes of Meeting held on 09-04-13 - Nsez.gov.in

Naida Special Economic Zone(<strong>Minutes</strong> <strong>of</strong> <strong>Meeting</strong> <strong>of</strong> Approval Committee <strong>of</strong> Noida SEZ<strong>held</strong> on 09/04/2013)Page 4 <strong>of</strong>5dismal performance <strong>of</strong> the unit and deferred the case deciding toexamine the activities being carried out by the unit and calling for thecopies <strong>of</strong> latest ITRs filed by the unit, for perusal <strong>of</strong> UAC.6. Corbus India Pvt. Ltd.: The Committee monitored the performance <strong>of</strong>the unit on the basis <strong>of</strong> APRs up to 2011-12 and noted achievement <strong>of</strong>positive NFE by the unit as on 31/03/2012.7. Roto Pumps: The Committee monitored the performance <strong>of</strong> the unit onthe basis <strong>of</strong> APRs up to 2011-12 and noted achievement <strong>of</strong> positive NFEby the unit as on 31/03/2012. The Committee however decided to review<strong>of</strong> status <strong>of</strong> realization <strong>of</strong> pending foreign exchange <strong>of</strong> the unit, in thenext UAC.Supplementary Agenda:1. Application <strong>of</strong> M/s. Metco International for setting up a unit in Noida SEZfor Manufacturing/processing <strong>of</strong> Tinplate, TFS, CR, GP - Coils, Sheets,Strips.The Committee discussed the proposal <strong>of</strong> the applicant and expressed its doubtabout the project viability. The Committee deferred the proposal with thedirections to the applicant to furnish detailed manufacturing/process flow chart,details <strong>of</strong> project viability and self certified copy <strong>of</strong> MoU from supplier for furtherconsideration <strong>of</strong> proposal.2. On specific requst following proposals were considered by the UAC:(i) M/s G.S.R. Industries - Amendment in LOA.The promoter requested to allow amendment in LOA by way <strong>of</strong> inclusion <strong>of</strong>following additional item <strong>of</strong> manufacture in LOA:Rolling Paper Bobbins, Hulzen Futurola Paper with Accessories.The Committee noted that the performance <strong>of</strong> the unit and its sister concern M/sBullet International were placed before the UAC dt. 12/02/2013 for review. TheCommittee, based on input from the Jt. Commissioner <strong>of</strong> Income Tax, Noida,had decided to defer the proposal <strong>of</strong> review awaiting a report from the IncomeTax, Noida. The Committee deferred and proposal with the directions to write alr.;::usformal letter to the Joint Commissioner, Income Tax, Noida requesting forreport in the matter.