Executive Summary:
This notification announces the rescission of a previous notification regarding a Special Economic Zone (SEZ) in Navi Mumbai. Ms. Navi Mumbai SEZ Pvt. Ltd. proposed to denotify the entire area of 38.28 hectares. The Central Government rescinds the notification, effective February 28, 2019, except for actions already taken or omitted.
Key Points / Main Content:
* **Background:**
* Ms. Navi Mumbai SEZ Pvt. Ltd. proposed setting up a sector-specific SEZ for the IT/ITES sector in Village Ulwe, Navi Mumbai.
* Notification S.O. 1116(E) dated May 8, 2008, initially notified an area of 38.28 hectares for the SEZ.
* **Denotification Proposal:**
* Ms. Navi Mumbai SEZ Pvt. Ltd. proposed to denotify the entire 38.28-hectare area.
* The Maharashtra government issued a No Objection Certificate on February 20, 2019.
* The Development Commissioner recommended the denotification proposal.
* **Rescission:**
* The Central Government rescinds Notification S.O. 1116(E) under the powers conferred by the Special Economic Zones Rules 2006.
* The rescission does not apply to actions already taken or omitted before the rescission date.
Impact Analysis:
* **Ms. Navi Mumbai SEZ Pvt. Ltd.:**
* Impact: The company's proposal to denotify the SEZ area has been approved, rescinding the initial notification.
* Action Required: Ensure compliance with the rescission, considering actions already taken or omitted before the rescission date.
* **Central Government:**
* Impact: The Central Government has executed its power to rescind the notification.
* Action Required: Maintain records of the rescission and ensure proper implementation.
* **State Government of Maharashtra:**
* Impact: The State Government's No Objection to the denotification has been acted upon.
* Action Required: Update records to reflect the change in SEZ status.
* **Development Commissioner, SEEPZ-SEZ:**
* Impact: Recommendation for denotification was accepted.
* Action Required: Update SEZ records to reflect denotification.
Key Entities Referenced
Special Economic Zones Act, 2005: An act of the Indian Parliament concerning special economic zones.
Special Economic Zone Rules 2006: Rules pertaining to the operation and administration of Special Economic Zones in India.
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry.
Navi Mumbai SEZ Pvt. Ltd.: A private company that proposed to set up a Special Economic Zone.
Village Ulwe, Maharashtra: The location in Navi Mumbai, Maharashtra where the Special Economic Zone was proposed.
Maharashtra: The State in India where the SEZ was proposed.
SEEPZ-SEZ: The Development Commissioner, SEEPZ-SEZ Special Economic Zone recommended the proposal for denotification.
ITITESB sector: Information Technology and IT Enabled Services sector
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 28th February, 2019
S.O. 1100(E).— WHEREAS, M/s. Navi Mumbai SEZ Pvt. Ltd., 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 sector specific Special Economic Zone for IT/ITES-B sector at Village-Ulwe, Navi Mumbai, in
the State of Maharashtra;
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 Zone Rules 2006,
had notified an area of 38.28 hectares vide Ministry of Commerce and Industry Notification Number
S.O. 1116(E) dated 8th May, 2008;
AND, WHEREAS, M/s. Navi Mumbai SEZ Pvt. Ltd. has now proposed to de-notify entire
area of 38.28 hectares of the above Special Economic Zone;
AND, WHEREAS, the State Government of Maharashtra has given its “No Objection” to the
proposal vide letter No. SEZ-2019/CR-41/Ind-2 dated 20th February, 2019;
AND, WHEREAS, the Development Commissioner, SEEPZ-SEZ Special Economic Zone
has recommended the proposal for de-notification of entire area of 38.28 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.2/169/2007-SEZ]
B.B. SWAIN, Addl. 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.