Home India Ministry of Commerce and Industry WHEREAS, Ms Divis Laboratories Limited has proposed under se...
Date: 2019-03-05 Category: Extra Ordinary State: Union Government Country: India

WHEREAS, Ms Divis Laboratories Limited has proposed under section 3 of the Special Economic Zones Act

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

Executive Summary: This notification announces the establishment of a Sector Specific Special Economic Zone for Pharmaceutical by Ms. Divis Laboratories Limited in Telangana, as per the Special Economic Zones Act, 2005. It specifies the area and survey numbers of the notified zone. Additionally, it constitutes an Approval Committee for the zone and designates February 27, 2019, as the date from which the zone is considered an Inland Container Depot. Key Points / Main Content: * **Establishment of Special Economic Zone:** * A Sector Specific Special Economic Zone for Pharmaceutical is established in Lingojiguda Village, Choutuppal Mandal, Yadadri Bhuvanagiri District, Telangana. * The establishment is under Section 3 of the Special Economic Zones Act, 2005. * Approval for development, operation, and maintenance was granted on February 8, 2019. * **Area Notification:** * 50.946 hectares area is notified as a Special Economic Zone. * Specific survey numbers for Lingojiguda village are listed, totaling the specified area. * **Approval Committee Constitution:** * An Approval Committee is constituted for the Special Economic Zone as per Section 13 of the Special Economic Zones Act, 2005. * The committee's chairperson is the Development Commissioner of the Special Economic Zone. * Committee members include representatives from various government departments (Commerce, Foreign Trade, Customs, Income Tax, Finance), State Government officers, and a representative of the Zone's Developer. * **Inland Container Depot Designation:** * February 27, 2019, is designated as the date from which the Special Economic Zone is deemed an Inland Container Depot under Section 7 of the Customs Act, 1962. Impact Analysis * **Ms. Divis Laboratories Limited:** * Impact: The company's proposal to set up a Special Economic Zone has been approved. * Action Required: To proceed with the development, operation, and maintenance of the Special Economic Zone as per the Act and Rules. * **Central Government:** * Impact: Responsible for overseeing the establishment and operation of the Special Economic Zone. * Action Required: To ensure compliance with the Special Economic Zones Act, 2005, and related rules, and to facilitate the functioning of the Approval Committee. * **Approval Committee:** * Impact: Responsible for the purposes of section 14 of the said Act. * Action Required: To convene and perform its duties as outlined in Section 14 of the Special Economic Zones Act, 2005. * **Government of Telangana:** * Impact: The State government is involved through the nomination of officers to the Approval Committee. * Action Required: To nominate two officers (not below the rank of Joint Secretary) to serve on the Approval Committee. * **Customs and Tax Authorities:** * Impact: The Special Economic Zone is now considered an Inland Container Depot. * Action Required: To treat the specified area as an Inland Container Depot for customs and tax purposes from February 27, 2019.

Key Entities Referenced

Special Economic Zones Act, 2005: An act of the Indian Parliament to provide for the establishment, development and management of special economic zones for the promotion of exports and for matters connected therewith or incidental thereto. Divis Laboratories Limited: Applicant company that proposed to set up a Sector Specific Special Economic Zone for Pharmaceutical. Telangana: The State in India where the Sector Specific Special Economic Zone for Pharmaceutical is to be set up. Yadadri Bhuvanagiri District: The district in Telangana where the Sector Specific Special Economic Zone for Pharmaceutical is to be set up. Lingojiguda Village: The village in Telangana where the Sector Specific Special Economic Zone for Pharmaceutical is to be set up. Choutuppal Mandal: The mandal in Telangana where the Sector Specific Special Economic Zone for Pharmaceutical is to be set up. Approval Committee: A committee constituted under Section 13 of the Special Economic Zones Act, 2005 to approve matters related to the Special Economic Zone. Customs Act, 1962: An act of the Indian Parliament to consolidate and amend the law relating to customs.
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Tkkus d s fodkldrk Z dk ifzrfuf/k fo'k’sk, vkea f=rh vkSj ;r%] fo'ks"k vkfFkZd tkus vf/kfu;e 2005 ¼2005 dk 28½ dh /kkjk 53 dh mi-/kkjk (2) n~okjk iznÙk 'kfDr;k sa dk i;z kxs djr s gq,, dUs nz ljdkj ,rn}~ kjk fnukda 27 Qjojh] 2019 dk s ml rkjh[k d s :Ik e sa fu/kkfZjr djrh g S ftl rkjh[k l s mi;qZDr fo'k"s k vkfFkdZ tkus dk s lhek-'kqYd vf/kfu;e] 1962 ¼1962 dk 52½ dh /kkjk 7 d s varxZr varnsZ'kh; dVa us j fMik s ekuk tk,xkA [Qk- l-a ,Q- 1/7/2018&,lbZtMs ] ch- ch- Lous ] vij lfpo¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 27th February, 2019 S.O. 1122(E).—WHEREAS, M/s. Divi’s Laboratories Limited has 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 Pharmaceutical at Lingojiguda Village, Choutuppal Mandal, Yadadri Bhuvanagiri District, in the State of Telangana; AND, WHEREAS, the Central Government is satisfied that requirements under sub-section (8) of section 3 of the said Act, and other related requirements are fulfilled and it has granted letter of approval under sub-section (10) of section 3 of the said Act for development, operation and maintenance of the above sector specific Special Economic Zone on 8th February, 2019; NOW, THEREFORE, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules, 2006, hereby notifies the 50.946 hectares area at above location with survey numbers given in the table below as a Special Economic Zone, namely: TABLE Sl. No. Name of Village Survey No. Area (in hectares) 1. Lingojiguda 266 8.674 2. 267 3.137 3. 268 5.526 4. 269 3.238 5. 270 10.84 6. 271 4.311 7. 272 4.817 8. 273 1.852 9. 276 0.587 10. 277 1.042 11. 278 5.141 12. 279 1.781 Total 50.946 AND, THEREFORE, the Central Government, in exercise of the powers conferred by sub-section (1) of section 13 of the Special Economic Zones Act, 2005 (28 of 2005), hereby constitutes a Committee to be called the Approval Committee for the above Special Economic Zone for the purposes of section 14 of the said Act consisting of the following Chairperson and Members, namely:- 1. Development Commissioner of the Special Economic Zone Chairperson ex officio; 2. Director or Deputy Secretary to the Government of India, Ministry of Commerce and Member ex Industry, Department of Commerce or his nominee not below the rank of Under officio; Secretary to the Government of India 3. Zonal Joint Director General of Foreign Trade having territorial jurisdiction over the Member ex Special Economic Zone officio; 4. Commissioner of Customs or Central Excise having territorial jurisdiction over the Member ex Special Economic Zone or his nominee not below the rank of Joint Commissioner officio;4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 5. Commissioner of Income Tax having territorial jurisdiction over the Special Member ex Economic Zone or his nominee not below the rank of Joint Commissioner officio; 6. Director (Banking) in the Ministry of Finance, Banking Division, Government of Member ex India officio; 7. Two officers, not below the rank of Joint Secretary, to be nominated by the State Member ex Government officio; 8. Representative of the Developer of the zone Special invitee AND, THEREFORE, the Central Government, in exercise of the powers conferred by sub-section (2) of section 53 of the Special Economic Zones Act, 2005 (28 of 2005), hereby appoints the 27th day of February, 2019 as the date from which the above Special Economic Zone shall be deemed to be Inland Container Depot under section 7 of the Customs Act, 1962 (52 of 1962). [F. No. F.1/7/2018-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.

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