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Core Purpose

Notification under the first proviso to rule 8 of the Special Economic Zones Rules, 2006, rescinding the notification of a Special Economic Zone area for M/s. Saltire Developers Private Limited at Rachenahalli Village, Bengaluru, Karnataka.

Detailed Summary

The Ministry of Commerce and Industry, Department of Commerce, SEZ Division, issued S.O. 1166(E) dated 6 March 2024, noting that M/s. Saltire Developers Private Limited had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005) to establish an IT and ITES Special Economic Zone at Outer Ring Road, Rachenahalli Village, Nagavara, Bengaluru District, Karnataka, and that the Central Government had notified 4.05 hectares of this SEZ under section 4(1) of the Act read with Rule 8 of the Special Economic Zones Rules, 2006, vide Notification No. S.O. 2137(E) dated 13 June 2016. Saltire Developers subsequently proposed to de-notify the entire 4.05-hectare area for use in non-SEZ IT infrastructure; the Karnataka State Government issued a No Objection Certificate vide letter No. CI 127 SPI 2023 dated 13 November 2023; and the Development Commissioner, Cochin Special Economic Zone, recommended the de-notification. The Central Government, exercising powers under the first proviso to rule 8 of the Special Economic Zones Rules, 2006, rescinds the 2016 notification, except as respects things already done or omitted before rescission. F. No. F.1/9/2016-SEZ. Signed by Vipul Bansal, Joint Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-09032024-252778 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1104 | NEW DELHI, FRIDAY, MARCH 8, 2024/PHALGUNA 18, 1945 1675 GI/2024 (1) 2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II-SEC. 3(ii)] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ DIVISION) NOTIFICATION New Delhi, the 6th March, 2024 S.O. 1166(E).—Whereas, M/s. Saltire Developers Private Limited had proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a Special Economic Zone for Information Technology and Information Technology Enabled Services at Outer Ring Road, Rachenahalli Village, Nagavara, District Bengaluru, in the State of Karnataka; And, whereas, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4 of the said Act read with rule 8 of the Special Economic Zones Rules 2006, notified an area of 4.05 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notification Number S.O. 2137(E) dated 13th June, 2016; AND, WHEREAS, M/s. Saltire Developers Private Limited has now proposed to de-notify the entire area of 4.05 hectares of the above Special Economic Zone; AND, WHEREAS, the State Government of Karnataka has given No Objection Certificate to the proposal vide letter No. CI 127 SPI 2023 dated 13th November, 2023. Further, de-notified land will be utilized towards creation of IT infrastructure (Non-SEZ); AND, WHEREAS, the Development Commissioner, Cochin Special Economic Zone has recommended the proposal for de-notification of entire area of 4.05 hectares of the Special Economic Zone; NOW, THEREFORE, in exercise of the powers conferred by first proviso to rule 8 of the Special Economic Zones Rules 2006, the Central Government hereby rescinds the above notification except as respects things done or omitted to be done before such rescission. [F. No. F.1/9/2016-SEZ] VIPUL BANSAL, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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