Executive Summary:
This notification concerns the denotification of a sector-specific Special Economic Zone (SEZ) for gems and jewellery in Navi Mumbai, Maharashtra. Ms. Navi Mumbai SEZ Pvt. Ltd. proposed the denotification of the entire area of 33.5403 hectares, which the Central Government has now approved. The rescission is effective, except for actions taken or omitted before the rescission. The notification is dated February 28, 2019.
Key Points / Main Content:
* **Denotification of Special Economic Zone:**
* The Central Government rescinds notification S.O. 2255E dated 3rd September, 2009, which initially notified an area of 33.5403 hectares for a gems and jewellery SEZ in Navi Mumbai.
* The denotification was proposed by Ms. Navi Mumbai SEZ Pvt. Ltd.
* **Legal Basis and Approvals:**
* The action is taken under the powers conferred by the first proviso to rule 8 of the Special Economic Zones Rules 2006.
* The State Government of Maharashtra provided a No Objection Certificate on February 20, 2019.
* The Development Commissioner, SEEPZ-SEZ, recommended the denotification.
Impact Analysis:
* **Ms. Navi Mumbai SEZ Pvt. Ltd.:**
* Impact: The company's proposal to denotify the SEZ area has been approved by the Central Government.
* Action Required: Acknowledge and comply with the rescission of the notification, understanding that the denotification is now in effect, except for prior actions.
* **Central Government:**
* Impact: The Central Government has executed its power to rescind the notification for the SEZ.
* Action Required: Ensure the denotification is properly recorded and communicated to relevant departments and agencies.
* **State Government of Maharashtra:**
* Impact: The State Government's No Objection to the denotification has been acted upon.
* Action Required: Update records and policies to reflect the change in SEZ status.
* **Development Commissioner, SEEPZ-SEZ:**
* Impact: The Development Commissioner's recommendation for denotification has been accepted.
* Action Required: Update SEZ records to reflect the denotification and cease administrative oversight of the area as an SEZ.
Key Entities Referenced
Special Economic Zones Act, 2005: An act of the Indian Parliament concerning Special Economic Zones.
Ms. Navi Mumbai SEZ Pvt. Ltd.: The company that proposed to set up a sector-specific Special Economic Zone and later proposed to denotify it.
Village Ulwe Node, Navi Mumbai, Maharashtra: The location in the state of Maharashtra where the Special Economic Zone was proposed to be set up.
Special Economic Zone Rules 2006: Rules pertaining to the Special Economic Zones Act, 2005.
Ministry of Commerce and Industry: The Indian government ministry responsible for commerce and industry.
Development Commissioner, SEEPZSEZ: The Development Commissioner of Santacruz Electronic Export Processing Zone Special Economic Zone. Recommended the proposal for denotification.
Maharashtra: The State Government that gave no objection to the denotification proposal.
B.B. Swain: Additional Secretary, Ministry of Commerce and Industry, Government of India.
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 28th February, 2019
S.O. 1103(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 gems and jewellery at Village-Ulwe Node, 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 33.5403 hectares vide
Ministry of Commerce and Industry Notification Number S.O. 2255(E) dated 3rd September, 2009;
AND, WHEREAS, M/s. Navi Mumbai SEZ Pvt. Ltd. has now proposed to de-notify entire area of 33.5403
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 33.5403 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.1/140/2008-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.