Home India Ministry of Commerce and Industry Publication of notification of Saltire Developers Pvt. Ltd. ...
Date: 08-Mar-2024 Category: Extra Ordinary State: Union Government Country: India

Publication of notification of Saltire Developers Pvt. Ltd. for Information Technology and Information Technology Enabled Services at Outer Ring Road, Rachenahalli Village, Nagavara, District Bengaluru, Karnataka

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

What it means

  • The gazette notification S.O. 1166(E) issued by the Ministry of Commerce and Industry, Department of Commerce, announces the de-notification of a previously notified Special Economic Zone (SEZ) in Karnataka.
  • The SEZ, originally designated for Information Technology (IT) and IT-enabled services, is being de-notified at the request of M/s. Saltire Developers Private Limited.

Key Changes

  • De-notification of 4.05 hectares of land in Rachenahalli Village, Nagavara, District Bengaluru, Karnataka, which was previously notified as an SEZ under notification S.O. 2137(E) dated 13th June, 2016.
  • The de-notification is based on a proposal by M/s. Saltire Developers Private Limited.
  • The Karnataka government has issued a No Objection Certificate (NOC) for the de-notification vide letter No. CI 127 SPI 2023 dated 13th November, 2023.
  • The de-notified land will be used for the creation of IT infrastructure (Non-SEZ).
  • The Development Commissioner, Cochin Special Economic Zone, recommended the de-notification proposal.
  • The Central Government rescinds the original notification, except for actions already taken or omitted before the rescission.

Impact Analysis

Impact on M/s. Saltire Developers Private Limited

  • The company can proceed with its plans to develop IT infrastructure (Non-SEZ) on the land.

Impact on Karnataka State Government

  • The state government should ensure that the proposed IT infrastructure development aligns with its overall development plans.

Impact on Central Government

  • The Ministry of Commerce and Industry will need to update its records and SEZ-related data accordingly.

Impact on Cochin Special Economic Zone

  • The Cochin Special Economic Zone's role is primarily recommendatory in this case.

Suggested Action Items

  • All stakeholders should ensure that the transition from SEZ to non-SEZ IT infrastructure is smooth and complies with all applicable laws and regulations.

Key Entities Referenced

M/s. Saltire Developers Private Limited: The company that proposed the establishment of the SEZ and subsequently requested its de-notification. Special Economic Zones Act, 2005 (28 of 2005): The primary legislation governing the establishment and operation of SEZs 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 SEZ policy and administration. Cochin Special Economic Zone: The SEZ whose Development Commissioner recommended the de-notification proposal. Government of Karnataka: The state government that provided the No Objection Certificate for the de-notification. Notification S.O. 2137(E) dated 13th June, 2016: The original notification that designated the 4.05 hectares of land as a Special Economic Zone.
Official Source Record View Original Source →
See Full Document Text
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-09032024-252778 CG-DxLx-xEG-I0D9H0x3x2x0 24-252778 xxxGIDExxx ऄसाधारण EXTRAORDINARY भाग II—खण् ड 3—ईप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1104] नइ ददल्ली, िुक्रवार, माचच 8, 2024/फाल्ग नु 18, 1945 No. 1104] NEW DELHI, FRIDAY, MARCH 8, 2024/PHALGUNA 18, 1945 वाजणज्य एव ं ईद्योग मत्रं ालय (वाजणज्य जवभाग) (एसइजडे ऄनभु ाग) ऄजधसचू ना नइ ददल्ली, 6 माचच, 2024 का.अ. 1166(ऄ).—यतः, मै. साल्टायर डवलपसच प्राआवेट जलजमटेड ने कनाचटक राज्य के राचनाहल्ली गााँव, नागावारा, जजला बेंगलुरु म ें सूचना प्रौद्योजगकी एवं सूचना प्रौद्योजगकी समर्थथत सेवाओं के जलए एक क्षेत्र जवजिष्ट जविषे अर्थथक जोन की स्ट्थापना हते ु जविेष अर्थथक जोन ऄजधजनयम, 2005 (2005 का 28), (जजसे एतद्पश्चात ् ईक्त ऄजधजनयम कहा गया ह)ै की धारा 3 के ऄतं गचत प्रस्ट्ताव दकया था ; और, यतः केन्द्र सरकार ने, जविेष अर्थथक जोन जनयमावली, 2006 के जनयम 8 के साथ पठित ईक्त ऄजधजनयम की धारा 4 की ईप-धारा (1) द्वारा प्रदत्त िजक्तयों का प्रयोग करत े हुए, वाजणज्य एवं ईद्योग मंत्रालय की ऄजधसूचना सख्ं या का. अ. 2137(ऄ) ददनांक 13 जून, 2016 द्वारा ईपयुचक्त जविेष अर्थथक जोन म ें4.05 हक्े टेयर के क्षेत्र को ऄजधसूजचत दकया था; और यतः, मै. साल्टायर डवलपसच प्राआवेट जलजमटेड ने ऄब ईक्त जविेष अर्थथक जोन के 4.05 हक्े टेयर के सम्पणू च क्षेत्र को ऄनजधसूजचत करन े का प्रस्ट्ताव दकया ह;ै और यतः, कनाचटक सरकार ने ईनके पत्र संख्या सीअइ 127 एसपीअइ 2023 ददनांक 13 नवम्बर, 2023 के तहत प्रस्ट्ताव को ऄनापजत्त प्रमाण पत्र दे ददया ह।ै ऄनजधसूचना के बाद, भूजम का ईपयोग अइटी बुजनयादी ढांचे (गरै -एसइजेड) के जनमाचण के जलए दकया जाएगा; 1675 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] और यतः, जवकास अयुक्त, कोचीन जविेष अर्थथक जोन ने ईक्त जविेष अर्थथक जोन के 4.05 हक्े टेयर के सम्पूण च क्षेत्र को ऄनजधसूजचत करन े के प्रस्ट्ताव की संस्ट्तुजत की ह;ै ऄत: ऄब केन्द्र सरकार, जविेष अर्थथक जोन जनयमावली, 2006 के जनयम 8 के प्रथम परंतुक द्वारा प्रदत्त िजक्तयोंका प्रयोग करते हुए एतद्द्वारा ईक्त ऄजधसूचना को आस ईत्सादन से पूवच दकए गए कायों या दकए जाने के जलए लोजपत को छोड़कर, रद्द करती ह।ै [फा. सं. एफ. 1/9/2016-एसइजेड] जवपुल बंसल, संयुक्त सजचव 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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