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Core Purpose

Notification under the Special Economic Zones Act, 2005 notifying an IT/ITES Special Economic Zone of Larsen & Toubro Limited at Ramapuram, Chennai, Tamil Nadu, constituting its Approval Committee, and declaring it an Inland Container Depot.

Detailed Summary

The Ministry of Commerce and Industry (Department of Commerce, SEZ Division) issued S.O. 4721(E) dated 27th October 2023 stating that M/s. Larsen & Toubro Limited proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005) to set up an IT/ITES SEZ at Ramapuram Village, Maduravoyal Taluk, Chennai, Tamil Nadu; after the Central Government granted a letter of approval under section 3(10) on 4th July 2023, the Central Government, exercising powers under section 4(1) of the Act read with rule 8 of the Special Economic Zones Rules, 2006, notified 0.9190 hectares comprising four survey/patta numbers (119/1, 120(Part), 124(Part), 125/1) in Ramapuram village as the SEZ. Exercising powers under section 13(1), it constituted an Approval Committee for the SEZ chaired ex officio by the Development Commissioner and comprising ex officio members from the Ministry of Commerce and Industry (Department of Commerce), the Directorate General of Foreign Trade, Customs or Central Excise, Income Tax, and the Ministry of Finance (Banking Division), two State Government-nominated Joint Secretary-level officers, and a Developer representative as special invitee. Further, exercising powers under section 53(2), the Central Government appointed 27th October 2023 as the date from which the SEZ shall be deemed an Inland Container Depot under section 7 of the Customs Act, 1962 (52 of 1962). Signed by Vipul Bansal, Joint Secretary.

Full Text

EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 4533] NEW DELHI, MONDAY, OCTOBER 30, 2023/KARTIKA 8, 194 5 CG-DL-E-30102023-249786 1. 2. 120 ( पाटस) 0.2868 3. 124 ( पाटस) 0.3422 4. 125/1 ( पाटस) 0.1314 क ु ल 0.9190 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ Division) NOTIFICATION New Delhi, the 27 th October, 2023 S.O. 4721 (E).—Whereas, M/s. Larsen & Toubro Limited , has proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up an IT/ITES SEZ at Ramapuram Village, Maduravoyal Taluk, Chennai, in the State of Tamil Nadu ; AND, WHEREAS , the Cent ral Government is satisfied that requirements under sub -section (8) of section 3 of the said Act, and other related requirements are fulfilled and it has granted letter of approval under sub -section (10) of section 3 of the said Act for development, operat ion and maintenance of the above Special Economic Zone on 4th July, 2023; NOW, THEREFORE , the Central Government, in exercise of the powers conferred by sub -section (1) of section 4 of the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules, 2006, hereby notifies the 0.9190 hectares area comprising the Survey numbers and the area given below in the table, namely: - TABLE Sl. No. Name of Village Patta Number Survey No. Area (in Hectares) 1. Ramapuram, Maduravoyal Taluk 7039 119/1 0.1586 2. 120(Part) 0.2868 3. 124 (Part) 0.3422 4. 125/1 (Part) 0.1314 Total 0.9190 AND, THEREFORE, the Central Government, in exercise of the powers conferred by sub -section (1) of section 13 of the Special Economic Zones Act, 2005 (28 of 2005), hereby constitutes a Committee to be called the Approval Committee for the above Special Economic Zone for t he purposes of section 14 of the said Act consisting of the following Chairperson and Members, namely: - 1. Development Commissioner of the Special Economic Zone Chairperson ex officio; 2. Director or Deputy Secretary to the Government of India, Ministry of Commerce and Industry, Department of Commerce or his nominee not below the rank of Under Secretary to the Government of India Member ex officio; 3. Zonal Joint Director General of Foreign Trade having territorial jurisdiction over the Special Economic Zone Member ex officio; 4. Commissioner of Customs or Central Excise having territorial jurisdiction over the Special Economic Zone or his nominee not below the rank of Joint Commissioner Member ex officio; 5. Commissioner of Income Tax having t erritorial jurisdiction over the Special Economic Zone or his nominee not below the rank of Joint Commissioner Member ex officio; 6. Director (Banking) in the Ministry of Finance, Banking Division, Government of India Member ex officio; 7. Two officers, not below the rank of Joint Secretary, to be nominated by the State Government Member ex officio; 8. Representative of the Developer of the zone Special invitee AND, THEREFORE, the Central Government, in exercise of the powers conferred by sub-section (2) of section 53 of the Special Economic Zones Act, 2005 (28 of 2005), hereby appoints the 27th October , 2023 as the date from which the above Special Economic Zone shall be deemed to be Inland Container Depot under section 7 of the Customs Act, 1962 (52 of 1962). [F. No. K -43016/8/2023 -SEZ] VIPUL BANSAL , Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Publis hed by the Controller of Publications, Delhi -110054.

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