Executive Summary:
This notification, issued by the Ministry of Commerce and Industry, Department of Commerce, rescinds Notification Number S.O. 1237E dated 27th May, 2008, which had previously notified an area of 21.13 hectares for a sector-specific Special Economic Zone (SEZ) for IT/ITES in Navi Mumbai. The rescission is made following a proposal from Ms. Navi Mumbai SEZ Pvt. Ltd. to denotify the entire area, with no objections from the Maharashtra State Government. The rescission excludes actions already taken or omitted before this notification.
Key Points / Main Content:
* **Denotification of SEZ Area:**
* Ms. Navi Mumbai SEZ Pvt. Ltd. proposed to denotify the entire 21.13 hectares of the Special Economic Zone.
* The Central Government has rescinded the original notification for the SEZ area.
* **Government Approvals and Recommendations:**
* The State Government of Maharashtra provided a No Objection Certificate to the denotification proposal on February 20, 2019.
* The Development Commissioner, SEEPZ-SEZ, recommended the denotification of the entire area.
* **Legal Basis:**
* The rescission is made under the powers conferred by the first proviso to rule 8 of the Special Economic Zones Rules 2006.
* The original proposal was made under Section 3 of the Special Economic Zones Act, 2005.
* **Exclusions:**
* The rescission does not apply to actions already completed or omitted before the date of the notification (February 28, 2019).
Impact Analysis:
* **Ms. Navi Mumbai SEZ Pvt. Ltd.**
* *Impact:* The company's proposal to denotify the SEZ area has been approved, and the original notification has been rescinded.
* *Action Required:* Ensure compliance with the terms of the rescission, particularly regarding actions already taken or omitted.
* **Central Government**
* *Impact:* Implements the rescission of the SEZ notification.
* *Action Required:* Ensure proper record-keeping and communication of the rescission.
* **State Government of Maharashtra**
* *Impact:* The state government's no-objection to the proposal was a factor in the rescission.
* *Action Required:* Monitor the implications of the denotification on the region's economic development.
* **Development Commissioner, SEEPZ-SEZ**
* *Impact:* Their recommendation was considered in the denotification process.
* *Action Required:* Update records to reflect the change in SEZ status.
Key Entities Referenced
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 setting up a sector-specific Special Economic Zone and later proposed to denotify the entire area.
Special Economic Zones Act, 2005: An Indian law providing the legal framework for establishing and operating Special Economic Zones.
Village Ulwe, Navi Mumbai, Maharashtra: The location where the Special Economic Zone was initially proposed to be set up.
Special Economic Zone Rules 2006: The rules established by the Indian government related to the Special Economic Zones Act, 2005.
SEEPZ-SEZ Special Economic Zone: The Development Commissioner who recommended the proposal for denotification of the Special Economic Zone.
21.13 hectares: The area initially notified for the Special Economic Zone.
B.B. Swain: Additional Secretary, Ministry of Commerce and Industry.
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 28th February, 2019
S.O. 1101(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-A 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 21.13 hectares vide Ministry of Commerce and Industry Notification Number
S.O. 1237(E) dated 27th May, 2008;
AND, WHEREAS, M/s. Navi Mumbai SEZ Pvt. Ltd. has now proposed to de-notify entire
area of 21.13 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 21.13 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.1/168/2007-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.