Executive Summary:
This notification from the Ministry of Commerce and Industry rescinds Notification S.O. 663E, dated March 12, 2009, which had previously notified an area of 10.77 hectares for a Special Economic Zone (SEZ) by Ms. Navi Mumbai SEZ Pvt. Ltd. The rescission was effective February 28, 2019, and was made following a proposal by Ms. Navi Mumbai SEZ Pvt. Ltd. to denotify the entire area, and with no objection from the Maharashtra government.
Key Points / Main Content:
* **Denotification of Special Economic Zone:**
* The Central Government rescinds notification S.O. 663E, dated March 12, 2009, regarding the Special Economic Zone.
* This involves denotifying the entire 10.77 hectares of the SEZ previously approved for Ms. Navi Mumbai SEZ Pvt. Ltd.
* **Background and Approvals:**
* Ms. Navi Mumbai SEZ Pvt. Ltd. initially proposed the SEZ under Section 3 of the Special Economic Zones Act, 2005.
* The Maharashtra government provided a No Objection Certificate (dated February 20, 2019) for the denotification proposal.
* The Development Commissioner, SEEPZ-SEZ, recommended the denotification of the area.
* **Legal Basis:**
* The rescission is enacted under the powers conferred by the first proviso to rule 8 of the Special Economic Zones Rules 2006.
* The rescission does not apply to actions already completed or omitted before the rescission date.
Impact Analysis:
Central Government:
* Impact: Exercises its power to rescind the notification related to the Navi Mumbai SEZ.
* Action Required: Update records and ensure compliance with the rescission, except for actions already taken or omitted.
Ms. Navi Mumbai SEZ Pvt. Ltd.:
* Impact: The approved SEZ area of 10.77 hectares is now denotified.
* Action Required: Adjust business plans and operations to reflect the denotification of the SEZ, and comply with any further directives from the government.
State Government of Maharashtra:
* Impact: The denotification impacts the economic zone planning within the state.
* Action Required: Update land records and regional development plans to reflect the change.
Development Commissioner, SEEPZ-SEZ:
* Impact: The recommendation for denotification has been acted upon.
* Action Required: Update records and monitor the area's future development in accordance with the denotification.
Key Entities Referenced
Special Economic Zones Act, 2005: Indian legislation governing the establishment, development, and management of Special Economic Zones in India.
Special Economic Zone Rules 2006: Rules framed under the Special Economic Zones Act, 2005, providing detailed procedures and guidelines for the operation of SEZs.
Ministry of Commerce and Industry: The Indian government ministry responsible for the formulation and implementation of policies related to commerce, industry, and trade.
Navi Mumbai SEZ Pvt. Ltd.: A private limited company that proposed to set up a sector-specific Special Economic Zone and later proposed to denotify the entire area.
Maharashtra: A state in India where the proposed Special Economic Zone was located.
Navi Mumbai: A city in Maharashtra, India, where the proposed Special Economic Zone was located, specifically in Village Ulwe.
SEEPZSEZ Special Economic Zone: An existing Special Economic Zone, whose Development Commissioner recommended the proposal for denotification of the area of Navi Mumbai SEZ.
B. B. Swain: Additional Secretary, Ministry of Commerce and Industry, who signed the notification.
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1378 GI/2019 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 28th February, 2019
S.O.1108(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-C 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 10.77 hectares vide
Ministry of Commerce and Industry Notification Number S.O. 663(E) dated 12th March, 2009;
AND, WHEREAS, M/s. Navi Mumbai SEZ Pvt. Ltd. has now proposed to de-notify entire area of 10.77
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 10.77 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. 2/167/2007-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.