Executive Summary:
This notification concerns the denotification of a sector-specific Special Economic Zone (SEZ) for Information Technology and Information Technology Enabled Services in Gujarat. Ms. Shivganga Real Estate Holders Pvt. Ltd. proposed the denotification of the entire 37.5556-hectare area, which the Central Government has now approved, rescinding the original notification from July 2, 2008. The denotification is effective immediately, except for actions already taken or omitted.
Key Points / Main Content:
* **Background:**
* Ms. Shivganga Real Estate Holders Pvt. Ltd. proposed setting up a Special Economic Zone (SEZ) in Gujarat for Information Technology and related services under Section 3 of the Special Economic Zones Act, 2005.
* The Central Government initially notified an area of 37.5556 hectares for this SEZ on July 2, 2008, via Notification Number S.O. 1610E.
* **Denotification:**
* Ms. Shivganga Real Estate Holders Pvt. Ltd. proposed to denotify the entire 37.5556-hectare area of the SEZ.
* The Gujarat government issued a No Objection Certificate (NOC) for the denotification on December 23, 2019.
* The Development Commissioner, Kandla Special Economic Zone, recommended the denotification proposal.
* **Central Government Action:**
* The Central Government rescinds the notification S.O. 1610E, dated July 2, 2008, effectively denotifying the SEZ.
* This rescission does not affect actions already completed or omitted before the rescission date.
Impact Analysis:
* **Ms. Shivganga Real Estate Holders Pvt. Ltd.:**
* *Impact:* The company's proposal to denotify the SEZ has been approved, releasing them from the obligations and benefits associated with the SEZ status for the specified land.
* *Action Required:* Ensure compliance with all conditions related to the rescission, especially concerning actions already undertaken or omitted during the SEZ's operational period.
* **Central Government (Ministry of Commerce and Industry):**
* *Impact:* The Ministry is responsible for implementing and overseeing the denotification process.
* *Action Required:* Ensure proper recording and communication of the denotification, and address any pending issues or claims related to the SEZ's prior operation.
* **State Government of Gujarat:**
* *Impact:* The denotification alters the economic landscape of the Gandhinagar district, potentially affecting regional development plans and revenue streams.
* *Action Required:* Adjust regional development strategies and policies to account for the removal of the SEZ, and address any potential economic impacts.
* **Development Commissioner, Kandla Special Economic Zone:**
* *Impact:* Reduced oversight responsibilities with the removal of the SEZ
* *Action Required:* Close out any oversight activities, records or other requirements related to the former SEZ.
Key Entities Referenced
Special Economic Zones Act, 2005: An act under which Ms. Shivganga Real Estate Holders Pvt. Ltd. initially proposed to set up a Special Economic Zone.
Ms. Shivganga Real Estate Holders Pvt. Ltd.: The company that initially proposed to set up a Special Economic Zone and later proposed to denotify it.
Gujarat: The state where the Special Economic Zone was proposed to be set up.
Gandhinagar, Gujarat: The district and taluka within Gujarat where the Special Economic Zone was proposed.
Special Economic Zone Rules 2006: The rules under which the Central Government exercised its powers to notify the Special Economic Zone.
Ministry of Commerce and Industry: The ministry that issued the notification for the Special Economic Zone.
Kandla, Special Economic Zone: The Development Commissioner who recommended the proposal for denotification of the Special Economic Zone.
Information Technology and Information Technology Enabled Services: The sector for which the Special Economic Zone was intended.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एलxx.x-GअI.D-E1x0x0x 22020-216048
CG-DL-E-10022020-216048
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 564] नई दिल्ली, िक्रु वार, फरवरी 7, 2020/माघ 18, 1941
No. 564] NEW DELHI, FRIDAY, FEBRUARY 7, 2020/MAGHA 18, 1941
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 5th February, 2020
S.O. 614(E).—WHEREAS, M/s. Shivganga Real Estate Holders 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 Information Technology and Information Technology Enabled Services at
Sargasan, (Sarkhej-Gandhinagar Highway), Taluka Gandhinagar, District Gandhinagar, in the State of Gujarat;
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
37.5556 hectares vide Ministry of Commerce and Industry Notification Number S.O. 1610(E) dated 02nd, July
2008;
AND, WHEREAS, M/s. Shivganga Real Estate Holders Pvt. Ltd. has now proposed to de-notify entire
area of 37.5556 hectares of the above Special Economic Zone;
AND, WHEREAS, the State Government of Gujarat has given its “No Objection” to the proposal vide Memo.
No. IC/INFRA/NOC/1599722 dated 23rd December, 2019;
AND, WHEREAS, the Development Commissioner, Kandla, Special Economic Zone has recommended the
proposal for de-notification of entire area of 37.5556 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.2/518/2006-SEZ]
B.B. SWAIN, Add. Sec.
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.