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Date: 05-Dec-2023 Category: Extra Ordinary State: Union Government Country: India

Publication of notification Kanai Technology Parks Private Limited for Electronic Hardware and Software including IT ITES SEZ at Sriperumbudur, Kanchipuram District, Chennai, in the State of Tamil Nadu for Full Denotification of 57.46715 Ha.

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

What it means

  • The gazette notification pertains to the de-notification of a Special Economic Zone (SEZ) for Electronic Hardware and Software including Information Technology Enabled Services, originally proposed by M/s. Kanai Technology Parks Private Limited (formerly M/s. Velankani Technology Parks Private Limited) in Sriperumbudur, Kanchipuram District, Chennai, Tamil Nadu.
  • The Central Government is rescinding its earlier notification that had designated the specified area as an SEZ.

Key Changes

  • The entire area of 57.46715 hectares, previously notified as a Special Economic Zone, is being de-notified.
  • M/s. Kanai Technology Parks Private Limited proposed the de-notification.
  • The Tamil Nadu government has issued a No Objection Certificate (NOC) for the de-notification vide letter No. 4512188/MIB.1/2023 dated 31st July, 2023.
  • The Development Commissioner, Madras Special Economic Zone, recommended the de-notification.
  • The de-notification will not affect actions already taken or omitted before the rescission.

Impact Analysis

Impact on M/s. Kanai Technology Parks Private Limited

  • The company can utilize the land parcels in accordance with the Land Guidelines/master plans of the Government of Tamil Nadu.

Impact on Tamil Nadu Government

  • The state government's revenue may be affected due to changes in tax and other benefits associated with SEZ status.

Impact on Madras Special Economic Zone

  • The de-notification may impact the overall economic activity and investment within the Madras SEZ.

Impact on Central Government

  • The decision reflects the Central Government's power to regulate and modify SEZ designations based on prevailing conditions and recommendations.

Suggested Action Items

  • All stakeholders should ensure compliance with the notification's effective date and any transitional arrangements.

Key Entities Referenced

M/s. Kanai Technology Parks Private Limited (formerly M/s. Velankani Technology Parks Private Limited): The company that proposed the establishment and subsequent de-notification of the Special Economic Zone. Special Economic Zones Act, 2005 (28 of 2005): The primary legislation governing the establishment and operation of Special Economic Zones in India. Special Economic Zones Rules, 2006: The rules framed under the Special Economic Zones Act, 2005, providing detailed procedures and guidelines for SEZ operations. Ministry of Commerce and Industry: The central government ministry responsible for formulating and implementing policies related to commerce and industry, including SEZs. Tamil Nadu Government: The state government that provided the No Objection Certificate for the de-notification and whose land use regulations will now apply to the land. Development Commissioner, Madras Special Economic Zone: The official responsible for overseeing the operations and development of the Madras Special Economic Zone. Notification Number S.O. 2118(E) dated 11th December, 2007: The original notification that designated the area as a Special Economic Zone, now being rescinded.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-05122023-250428 CG-DxLx-xEG-I0D5H1x2x2x0 23-250428 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 4941] नई दिल्ली, मगं लवार, दिसम्ब र 5, 2023/अग्रहायण 14, 1945 No. 4941] NEW DELHI, TUESDAY, DECEMBER 5, 2023/AGRAHAYANA 14, 1945 वाजणज्य एव ं उद्योग मत्रं ालय (वाजणज्य जवभाग) (एसईिडे अनभु ाग) अजधसचू ना नई दिल्ली, 4 दिसम् बर, 2023 का.आ. 5166(अ).— यतः, म.ै कनाई टेक्नोलॉिी पाकक प्राइवेट जलजमटेड (पूव क म ें मेसस क वेलकं नी टेक्नोलॉिी पाकक प्राइवेट जलजमटेड) न े तजमलनाडु राज्य म ें श्रीपेरुम्बुिरू , कांचीपुरम, चेन्नई जिला म ें इलेक्ट्रॉजनक हाडकवेयर और सॉफ्टवेयर सजहत सूचना प्रौद्योजगकी समर्थकत सेवाओं के जलए एक क्षत्रे जवजिष्ट जविेष आर्थकक िोन की स्ट्थापना हते ु जविेष आर्थकक िोन अजधजनयम, 2005 (2005 का 28), (जिसे एतद्पश्चात् उक्त अजधजनयम कहा गया ह)ै की धारा 3 के अंतगकत प्रस्ट्ताव दकया था ; और, यतः केन्द्र सरकार न,े जविेष आर्थकक िोन जनयमावली, 2006 के जनयम 8 के साथ पठित उक्त अजधजनयम की धारा 4 की उप-धारा (1) द्वारा प्रित्त िजक्तयों का प्रयोग करत े हुए, वाजणज्य एव ं उद्योग मंत्रालय की अजधसूचना सख्ं या का. आ. 2118(अ) दिनांक 11 दिसम्बर, 2007 द्वारा उपयक्तुक जविेष आर्थकक िोन म ें 57.46715 हक्ट्े टेयर के क्षत्रे को अजधसूजचत दकया था; 7500 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] और यतः, म.ै कनाई टेक्नोलॉिी पाकक प्राइवेट जलजमटेड न े अब उक्त जविेष आर्थकक िोन के 57.46715 हक्ट्े टेयर के सम्पूणक क्षत्रे को अनजधसूजचत करने का प्रस्ट्ताव दकया ह;ै और यतः, तजमलनाडु सरकार ने उनके पत्र संख्या 4512188/एमआईबी.1/2023 दिनांक 31 िुलाई, 2023 के तहत प्रस्ट्ताव को अनापजत्त प्रमाण पत्र ि े दिया ह।ै अनजधसूचना के बाि, भूजम पासकल का उपयोग तजमलनाडु सरकार के भूजम दििाजनिेिों/मास्ट्टर प्लान के अनुरूप होगा; और यतः, जवकास आयुक्त, मरास जविेष आर्थकक िोन ने उक्त जविेष आर्थकक िोन के 57.46715 हक्ट्े टेयर के सम्पूणक क्षत्रे को अनजधसूजचत करने के प्रस्ट्ताव की संस्ट्तुजत की ह;ै अत: अब केन्द्र सरकार, जविेष आर्थकक िोन जनयमावली, 2006 के जनयम 8 के प्रथम परंतुक द्वारा प्रित्त िजक्तयों का प्रयोग करत े हुए एतद्द्वारा उक्त अजधसूचना को इस उत्सािन स े पूव क दकए गए कायों या दकए िान े के जलए लोजपत को छोड़कर, रद्द करती ह।ै [फा. स.ं फ. 2/54/2006-एसईिेड] जवपुल बंसल, संयक्ट्ु त सजचव MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (SEZ DIVISION) NOTIFICATION New Delhi, the 4th December, 2023 S.O. 5166(E).—Whereas, M/s. Kanai Technology Parks Private Limited (formerly M/s. Velankani Technology Parks 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 Electronic Hardware and Software including Information Technology Enabled Services SEZ at Sriperumbudur, Kanchipuram District, Chennai, in the State of Tamil Nadu; 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 57.46715 hectares at the above Special Economic Zone vide Ministry of Commerce and Industry Notification Number S.O. 2118(E) dated 11th December, 2007; AND, WHEREAS, M/s. Kanai Technology Parks Private Limited has now proposed to de-notify the entire area of 57.46715 hectares of the above Special Economic Zone; AND, WHEREAS, the State Government of Tamil Nadu has given No Objection Certificate to the proposal vide letter No. 4512188/MIB.1/2023 dated 31st July, 2023. Further, the land parcels after de-notification will conform to Land Guidelines/master plans of the Government of Tamil Nadu; AND, WHEREAS, the Development Commissioner, Madras Special Economic Zone has recommended the proposal for de-notification of entire area of 57.46715 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.2/54/2006-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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