Executive Summary:
This notification concerns a proposal by Ms. Mahaveer Skyscrapers Limited to denotify an entire area of 22.78 hectares of a sector-specific Special Economic Zone (SEZ) for Information Technology and Information Technology Enabled Services (IT/ITES) in Telangana. The Central Government, after receiving no objection from the Telangana government and a recommendation from the Development Commissioner, Visakhapatnam SEZ, rescinds the previous notification related to the SEZ, effective August 6, 2019. This action is taken under the Special Economic Zones Rules, 2006.
Key Points / Main Content:
* **Background:**
* Ms. Mahaveer Skyscrapers Limited proposed setting up a Special Economic Zone (SEZ) for IT/ITES in Andhra Pradesh.
* The Central Government initially notified an area of 22.78 hectares for this SEZ via Notification Number S.O. 919(E) dated June 6, 2007.
* **Denotification Proposal:**
* Ms. Mahaveer Skyscrapers Limited proposed to denotify the entire 22.78-hectare area.
* The State Government of Telangana issued a No Objection Certificate on May 14, 2019.
* The Development Commissioner, Visakhapatnam SEZ, recommended the denotification.
* **Central Government Action:**
* The Central Government rescinds the earlier notification (S.O. 919(E) dated June 6, 2007).
* This rescission is effective from August 6, 2019.
* The rescission does not affect actions already taken or omitted before this notification.
Impact Analysis:
* **Ms. Mahaveer Skyscrapers Limited**
* Impact: The company's proposal to denotify the SEZ area has been approved.
* Action Required: The company should take note that the SEZ notification has been rescinded, and plan their operations accordingly.
* **Central Government**
* Impact: The Central Government has executed the denotification process.
* Action Required: Ensure compliance with legal and regulatory requirements related to SEZ denotification.
* **State Government of Telangana**
* Impact: The State Government's No Objection to the denotification has been acknowledged.
* Action Required: Update records to reflect the change in SEZ status.
* **Development Commissioner, Visakhapatnam SEZ**
* Impact: The Development Commissioner's recommendation was considered in the decision.
* Action Required: Update SEZ records and monitor the area's status.
Key Entities Referenced
Mahaveer Skyscrapers Limited: Company that proposed to set up a Special Economic Zone and later proposed to denotify it.
Special Economic Zones Act, 2005: The Act under which the proposal for setting up the Special Economic Zone was made.
Special Economic Zone Rules, 2006: The rules governing the Special Economic Zones, which are referenced in the notification.
Chevella Village, Telangana: The village where the Special Economic Zone was proposed to be located (original proposal mentioned Andhra Pradesh, but later correspondence indicates Telangana).
Ranga Reddy District, Telangana: The district in Telangana where Chevella Village is located, and where the Special Economic Zone was proposed.
Information Technology and Information Technology Enabled Services (ITITES): The sector for which the Special Economic Zone was intended.
Visakhapatnam Special Economic Zone: The Development Commissioner of Visakhapatnam Special Economic Zone recommended the denotification proposal.
Telangana Government: The State Government that provided a No Objection Certificate for the denotification of the Special Economic Zone.
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4108 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 6th August, 2019
S.O. 2874(E).—WHEREAS, M/s. Mahaveer Skyscrapers Limited, 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 (IT/ITES) at Chevella
Village, besides Faraha Engineering College, Ranga Reddy District in the State of Andhra Pradesh;
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 22.78 hectares vide
Ministry of Commerce and Industry Notification Number S.O. 919(E) dated 06th June, 2007;
AND, WHEREAS, M/s. Mahaveer Skyscrapers Limited has now proposed to de-notify entire area of
22.78 hectares of the above Special Economic Zone;
AND, WHEREAS, the State Government of Telangana has given its “No Objection” to the proposal vide letter
No.1357/IT&C/Prom2/2006 dated 14th May, 2019;
AND, WHEREAS, the Development Commissioner, Visakhapatnam, Special Economic Zone has
recommended the proposal for de-notification of entire area of 22.78 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. 2/555/2006-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.