engineering export bulletin engineering the future
  • Dr. Aman Puri, Consul General of India, Birmingham, UK inaugurating the India Pavilion at Subcon 2018 on 5-7 June, 2018 in Birmingham, UK along with Mr. R. P. Jhalani former Chairman, EEPC India ( on his right) and Mr. Nishikant Jumde, Sr. Joint Director, EEPC India ( on his left)
  • India Pavilion at Subcon 2018 on 5-7 June, 2018 in Birmingham, UK. Mr. Nishikant Jumde, Sr. Joint Director, EEPC India with Dr. Aman Puri, Consul General of India, Birmingham, UK along with Mr. R. P. Jhalani former Chairman, EEPC India inside EEPC India Booth
  • Dr. Aman Puri, Consul General of India, Birmingham, UK taking a tour of the India Pavilion at Subcon 2018 along with Mr. R. P. Jhalani former Chairman, EEPC India Mr. Nishikant Jumde, Sr. Joint Director, EEPC India
  • India Pavilion at Subcon 2018 on 5-7 June, 2018 in Birmingham, UK. Dr. Aman Puri, Consul General of India, Birmingham, UK in front of EEPC India Booth along with Mr. R. P. Jhalani former Chairman, EEPC India Mr. Nishikant Jumde, Sr. Joint Director, EEPC India and Mr. Bhaskar Vaithiyanathan, Sr. Executive Officer and other Indian entrepreneurs
  • Mr. Bhupinder S Bhalla, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India and Ms. Kamna Raj Aggarwalla, Regional Chairperson, EEPC India (NR) inaugurating the office of EEPC India Northern Region at New Delhi on 12th June, 2018. Also we can see to the left of the Joint Secretary - Mr. Suranjan Gupta, Executive Director, EEPC India; Mr. Rakesh Suraj, Regional Director, EEPC India (NR); Mr. R. P. Jhalani, Former Chairman, EEPC India along with other dignitaries. Mr. Pradeep Aggarwal, Dy. Regional Chairman, EEPC India (NR) and Mr. Nishikant Jumde, Sr. Joint Director, EEPC India, New Delhi are also seen behind the Joint Secretary
  • Conversation between Ms. Kamna Raj Aggarwalla, Regional Chairperson, EEPC India (NR) and Mr. Bhupinder S Bhalla, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India after inauguration. Mr. Pradeep Aggarwal, Dy. Regional Chairman, EEPC India (NR) is present to the left of the Joint Secretary and Mr. R. P. Jhalani, Former Chairman, EEPC India; Mr. Nishikant Jumde, Sr. Joint Director, EEPC India, New Delhi are also present to the right of the Regional Chairperson (NR)

ENGINEERING EXPORT INFO-BULLETIN | VOL. 20 | ISSUE NO. 24 | JUNE 18, 2018

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Contents

From Chairman’s Pen

OVERSEAS SECTION

Global Business Opportunities

DOMESTIC SECTION

For information about
EEPC INDIA visit :
www.eepcindia.org

Highlights

Govt. Notifications/ Circulars

  • Notification No. 52/2018- Customs (N.T.) - Amendment to Notification no. 62/94-Customs (N.T.) dated 21.11.1994 notifying Karanja Terminal u/s 7(a) of Customs Act, 1962 for unloading of imported goods and loading of export goods or any class of goods.
  • Notification No. 53/2018-Customs (N.T.) - Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg.
  • Circular No. 18/2018-Customs - Procedure for e-commerce exports through Post and clarification regarding personal imports (amendment to Circular 14/2018 dated 04th June, 2018).
  • Circular No. 19/2018-Customs - Electronic sealing-deposit in and removal of goods from Customs Bonded warehouse.
  • Notification No. 26/2018 – Central Tax - Seeks to make amendments (Fifth Amendment, 2018) to the CGST Rules, 2017.
  • Circular No. 48/22/2018-GST - Clarifications of certain issues under GST– regarding.
chairman

My dear fellow exporters,

Indian exporting community looks quite determined in the new fiscal to shrug off the impediments to growth of exports on both domestic as well as external fronts as evident by the performance of Indian exports during the first two months of fiscal 2018-19. Merchandise exports registered over 20 percent growth during May 2018 while engineering exports accelerated by around 15 percent. On a cumulative basis however, engineering exports outperformed the broader merchandise growth with 16.5 percent year-on-year growth during Apr - May 2018-19.

This noteworthy performance of engineering exports was led by impressive rise in overseas shipments of products like Electrical machinery, Auto components, Ships and Boats, Alminium articles etc. Most importantly, global demand for Indian engineering products surged from all regions in the new fiscal except CIS that witnessed decline in imports of Indian engineering products during the period concern.

The supportive role of the domestic government in taking the export to a new high is really praiseworthy. Fund crisis and other post-GST concerns of the exporters have been adequately addressed by the government and the problem is expected to be fully worked out very soon. External threats, on the contrary may take a bigger shape as both China and US, along with EU intimidating their trade partners with protectionist measures on strategically selected products. In addition, US investigation on India`s compliance with the norms under Generalized System of Preference may be proved as another threat for the exporting community. The possibility of a slowdown in export growth cannot be ruled out.

 

Ravi Sehgal 

Overseas Information

OVERSEAS MARKET INFORMATION

Australia
(Source : Consulate General of India, Sydney)

In the first three months of the Calendar Year (Jan-Mar), Australia exported merchandise goods to India worth USD 2.883 billion, while importing goods worth USD 1.168 billion from India. Indian merchandise Exports to Australia for Jan-Mar 2018 witnessed an increase of 54 % over Jan-Mar 2017. Whereas, during the same period Australian export to India increased marginally by 1.9 %.

Refined Petroleum, Medicaments, Railway vehicles, Pearls & precious stones, made up articles of textile materials, passenger motor vehicles, organo-inorganic compounds, jewellery, floor coverings, manufactures of base metal, apparels of articles and textile fabrics, travelling cases and bags, women / girls clothing, equipment for distributing electricity and fixed vegetable fats and oils in that order, were dominant commodities of export from India to Australia.

In January-March 2018, export of Refined Petroleum Oils from India to Australia increased by 241 % over Jan-Mar 2017.

Export of ‘Coal’ from Australia to India was the main contributor for the volume of bilateral trade between the countries for the period Jan-Mar 2018, with a value of USD 1.863 billion, amounting to 46 % of total bilateral trade in value terms.

The total trade increased from USD 3.6 b to USD 4.1 b between Jan-Mar 2017 and Jan-Mar 2018.

France
(Source : Embassy of India, Paris)

Significant Trends in trade and investment

Trade – In Jan-Mar 2018, India France bilateral trade stood at € 2.59 billion (-2.53%) as compared to the corresponding period the previous year. India’s exports to France increased by 1.34% during this period with a rise in exports of following top 10 category products: mineral fuels & oils (17.07%); nuclear reactors, boilers, machinery and mechanical appliances (12.09%); footwear (9.55%) & knitted or crocheted articles of apparel & clothing accessories (2.89%). However there was a drop in exports of organic chemicals (-8.17%); automobiles and parts (-28.66%); & electrical machinery (-24.29%); articles of leather (-14.23%); non knitted or crocheted articles of apparel & clothing accessories (-0.62%) & natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin (-1.17%).

Meanwhile, French exports to India decreased by 7.4% during the same period: Exports of following top 10 ranked products increased: nuclear reactors, boilers, machinery & mechanical appliances (10.32%); optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus & parts thereof (50.52%); & plastics and articles thereof (14.26%); miscellaneous chemical products (4.17%) & pharmaceutical products (2.21%). However, exports of following products decreased: electrical machinery & equipment (-32.38%); aircraft & spacecraft (-19.97%); organic chemicals (-7.07%) & iron & steel (-7.98%) & essential oils and resinoids; perfumery, cosmetic or toilet preparations (-2.62%).

Investment – According to the ‘Business France Annual Report 2017’, a public operator supporting French investors in India and Indian investors in France, there are over 150 Indian companies operating in France (including sub-subsidiaries), employing around 7,000 people. Nineteen investments from India were recorded in 2017 (+73%), creating or maintaining 284 jobs (+66%). Indian projects often involved decision-making centres (42% of projects), including a global/European headquarters, and production/manufacturing operations (32%). Investments were mainly made in the software and IT services sector (26% of projects and 52% of jobs generated) and chemicals/plastics industry (21% of projects, 23% of jobs), while location-wise, Indian companies invested primarily in the Paris Region (Ile-de-France) (26% of projects), Nouvelle-Aquitaine (16%), Bourgogne-Franche-Comté (16%) and Hauts-de-France (16%).

Tunisia
(Source : Embassy of India, Tunis)

Bilateral Trade Data - Annual (US$ million)

Year

2013

2014

2015

2016

2017

2018
(Jan-April)

India’s Exports

313.11

283.92

239,5

249.06

 299.810

111.98

India’s Imports

85.77

148.45

100,75

121.4

 103.903

  24.26

Total

398.9

432.37

340.25

370.46

  403.713

136.24

India Tunisia Joint Venture worth US$450 million was launched in 2006 in Tunisia for manufacturing Phosphoric Acid. Its production started in 2013. Two Indian companies Coromandel Fertilizers Ltd and the Gujarat State Fertilizers Ltd have 30% shares in the project. To improve production, Tunisian Government is taking several measures to remove hurdles in the smooth running of the plant and supply of rock phosphate to the plant. The plant management is also is being restructured. 

Other Projects: Indian companies M/s KEC International Ltd and Jyoti Structures Ltd have a presence in Tunisia for erection of electric transmission lines. An assembly plant of Mahindra pickup trucks is established in Tunisia with a target to produce up to 2500 trucks per year. Indian Auto Company, Mahindra and Mahindra, provides the vehicles as knocked-down kits, to be assembled by the Tunisian company, with full technical support from the Indian company.  Mahindra has further diversified its product portfolio by introducing SUV class vehicles.  M/s TATA Motors commenced assembly of pick-up trucks with Tunisian companies ‘Le Moteur’ and ‘Icar’ in June 2015. TATA’s flagship Tunisian model Tata Xenon has been very popular as 2000 vehicles have been sold in short span of 2 years.  TATA is also exploring possibility to introduce small commercial and heavy vehicle.  

Analysis of Investment opportunities in Tunisia

The flow of foreign investments (January-December 2017) stood USD 939.370. It included $890.735 m as FDI and & 48.6345 m as portfolio. 

As per Agency for the Promotion of Foreign Investment (FIPA), the flow of foreign investments reached 224.17 million USD at the end of March 2018, up 25.2%, compared to the same period in 2017.

Venezuela
(Source : Embassy of India, Caracas)

Bilateral Trade

Period

Imports from Venezuela

Exports to Venezuela

Total trade

US$ million

Rs. Lacs

US$ million

Rs. Lacs

US$ million

Rs. Lacs

2017-18

5,866.37

3,779,668.44

79.21

51,053.33

5,945.58

3,830,721.77

2016-17

5,512.06

3,696,429.07

62.22

41,615.42

5,574.28

3,738,044.49

2015-16

5,701.81

3,715,029.41

130.66

85,177.63

5,832.47

3,800,207.00

2014-15

11,729.89

7,158,579.90

258.07

158,004.43

11,987.96

7,316,585.00

Source : Export Import Data Bank, Department of Commerce, Ministry of Commerce & Industry, Government of India and Export Import Data Bank, National Institute of Statistics (INE), Government of Venezuela. Venezuela has not published any official data in respect of trade after 2014.

Potential products of exports for India

Pharmaceutical Products - Venezuelan pharmaceutical industry is severely affected by the lack of private investment and relies heavily on the imports for drugs and pharmaceuticals. India is one of the leading manufacturers and exporters of pharmaceuticals in the world and enjoys acceptance in the Venezuelan market due to its quality and competitive prices.

Auto Parts - India is one of the top manufacturers of auto-parts in the world. Venezuela is in dire need of auto-parts for all kind of Vehicles.

Venezuela
(Source : Embassy of India, Caracas)

Venezuela pushes launch of new banknotes: On 02 June, the Government of Venezuela shifted the date for the introduction of new banknotes to 04 August 2018. The Venezuelan government was supposed to introduce the new banknotes on 04 June, but the Venezuelan Banking Association (ABV) had requested more time to prepare for the switch. The new date was announced after Venezuelan President Nicolas Maduro met with ABV officials. The new banknotes eliminate three zeroes from the existing currency. "The executive branch, after evaluating the proposal, has agreed to reschedule the start of the currency redenomination for Aug. 4, 2018," according to a statement from the Sectoral Vice Presidency of Economy.

TENDER INFORMATION

Kazakhstan Kazakhstan
(EEPC Ref. No. DB-2176)
Project              

Semey Water Project
Project ID No. : 47458
Loan from EBRD              

DB Ref. No.  EBRD339-06/18 
Issued by 

GKP “Semey Vodokanal” PIU
Karzhaubay-uly Street, building 249
Vostochno-Kazakhstanskaya Region
Semey City 071404, Kazakhstan
Mr. Rakhimzhan Nigmedzhanov, PIU Director
Tel. : +7 7222 51 55 29/44 08 14
E-mail : ebrd@semey-vodokanal.kz 

Bid No.  9146-IFT-47458 
For 

Supply of Specialised Vehicles :
- Lot A : Vehicles for Emergency and Rehabilitation Works (2 pcs);
- Lot B : Service Transporters (3 pcs);
- Lot C : Crane Truck (1 pcs);
- Lot D : Trenchless Machine (1 pcs).

Tenders are invited for one or more lots. Each lot must be priced separately. Tenders for more than
one lot may offer discounts and such discounts will be considered in the comparison of tenders.

Tender cost  The tender documents are available electronically, on a free of charge basis. 
Bid deadline  17.07.2018 
Nepal Nepal
(EEPC Ref. No. DB-2177)
Project             

Disaster Resilience of Schools Project
Loan No. : 51190-NEP
Financing from ADB               

DB Ref. No.  ADB431-06/18 
Issued by 

Project Director
Central Level Project Implementation Unit (Education)
4th Floor Shanta Plaza, Gyaneshwor
Kathmandu, Nepal
Tel. : +977-1-4420106
Fax : +977-1-4420521
E-mail : info@moepiu.gov.np
Website : www.moepiu.gov.np 

Bid No.  DRSP/CLPIU/074/75-Dolakha-01 
For  Construction of School buildings, Toilet and Water Supply facilities including
site development works in 12 (Twelve) schools in Dolakha District. 
Tender cost 

Non-refundable fee of NPR 20,000 or US$ 200 towards the cost of the Bidding Document. Bidders who wish to
receive the bidding document by courier shall pay an additional amount of NPR 25,000 or US$ 250 for overseas
delivery. No liability will be accepted for any loss or late delivery.

The local currency is to be deposited in the account as given below. In case of foreign currency, it is to be in the
form of a Bank Draft in favour of Central Level Project Implementation Unit (Education).

Name of the Bank : Rastriya Banijya Bank, Thamel, Kathmandu
Name of Office : Central Level Project Implementation Unit (Education)
Office Code No. : 27-350-16
Revenue Account No. : 1.1.001
Rajaswa (revenue) Shirshak No. : 14227 

Bid deadline  27.07.2018 
Nepal Nepal
(EEPC Ref. No. DB-2178)
Project            

Disaster Resilience of Schools Project
Loan No. : 51190-NEP
Financing from ADB            

DB Ref. No.  ADB430-06/18 
Issued by 

Project Director
Central Level Project Implementation Unit (Education)
4th Floor Shanta Plaza, Gyaneshwor
Kathmandu, Nepal
Tel. : +977-1-4420106
Fax : +977-1-4420521
E-mail : info@moepiu.gov.np
Website : www.moepiu.gov.np 

Bid No.  DRSP/CLPIU/074/75-Ramechhap-01 
For  Construction of School buildings, Toilet and Water Supply facilities including
site development works in 12 (Twelve) schools in Ramechhap. 
Tender cost 

Non-refundable fee of NPR 20,000 or US$ 200 towards the cost of the Bidding Document. Bidders who wish to
receive the bidding document by courier shall pay an additional amount of NPR 25,000 or US$ 250 for overseas
delivery. No liability will be accepted for any loss or late delivery.

The local currency is to be deposited in the account as given below. In case of foreign currency, it is to be in the
form of a Bank Draft in favour of Central Level Project Implementation Unit (Education).

Name of the Bank : Rastriya Banijya Bank, Thamel, Kathmandu
Name of Office : Central Level Project Implementation Unit (Education)
Office Code No. : 27-350-16
Revenue Account No. : 1.1.001
Rajaswa (revenue) Shirshak No. : 14227 

Bid deadline  27.07.2018 
Source  UN Development Business Website 
Iraq Iraq
(EEPC Ref. No. MEED-2254)
Tender No.            343/2016/E (1559)             
Tender for  Substation power centre 
Tender details  Supply of a complete power centre for a substation. 
Bid bond  $ 9,750 
Cost of tender documents  ID 200,000 
Miscellaneous  The estimated cost of the tender is $ 486,000 
Closing date  08.07.2018 
Issued by

South Refineries Company
Oil Ministry, Shuaiba, Basra Refinery
P. O. Box 77, Basra, Iraq
Tel. : (9641) 8861762/8875850
Fax : (9641) 8875850/8861762
Website : www.src.gov.iq

Iraq Iraq
(EEPC Ref. No. MEED-2255)
Tender No.              BD/F/10/2018             
Tender for  Diesel air compressors 
Tender details  Supply of 25 portable diesel air compressors. 
Cost of tender documents  ID 500,000 
Closing date  04.07.2018 
Issued by 

Oil Products Distribution Company
Materials Division
Foreign Procurement Department
Al-Daura Refinery
P. O. Box 12037
Baghdad, Iraq
Tel. : (9641) 7751484
E-mail : info@opdc.oil.gov.iq
Website : www.opdc.oil.gov.iq 

Iraq Iraq
(EEPC Ref. No. MEED-2256)
Tender No.              440/2018/E           
Tender for  Screw-type pumps 
Tender details  Supply of screw-type pumps with spare parts. 
Bid bond  $ 12,900 
Cost of tender documents  ID 200,000 
Miscellaneous  The estimated cost of the tender is $ 642,000 
Closing date  10.07.2018 
Issued by 

South Refineries Company
Oil Ministry, Shuaiba, Basra Refinery
P. O. Box 77, Basra, Iraq
Tel. : (9641) 8861762/8875850
Fax : (9641) 8875850/8861762
Website : www.src.gov.iq 

Iraq Iraq
(EEPC Ref. No. MEED-2257)
Tender No.            411/2017/E (1561)             
Tender for  Fire alarm and gas detection system 
Tender details  Supply of a fire alarm and gas detection system. 
Bid bond  $ 22,000 
Cost of tender documents  ID 200,000 
Miscellaneous  The estimated cost of the tender is $ 1.097m 
Closing date  17.07.2018 
Issued by 

South Refineries Company
Oil Ministry, Shuaiba, Basra Refinery
P. O. Box 77, Basra, Iraq
Tel. : (9641) 8861762/8875850
Fax : (9641) 8875850/8861762
Website : www.src.gov.iq

Iraq Iraq
(EEPC Ref. No. MEED-2258)
Tender No.            16/2018           
Tender for  Light vehicles 
Tender details  Supply of 35 diesel Toyota light vehicles. 
Bid bond  ID 55m 
Cost of tender documents  ID 500,000 
Closing date  15.07.2018 
Issued by 

Oil Exploration Company
Oil Ministry
P. O. Box 476
Baghdad, Iraq
Tel. : (9641) 7270710
Fax : (9641) 727056
E-mail : exploration@oec.oil.gov.iq
oecman@oec.oil.gov.iq
Website : www.oec.oil.gov.iq 

Iraq Iraq
(EEPC Ref. No. MEED-2259)
Tender No.              17/2018             
Tender for  Heavy truck 
Tender details  Supply of a heavy truck with winch. 
Bid bond  ID 25m 
Cost of tender documents  ID 500,000 
Closing date  22.07.2018 
Issued by 

Oil Exploration Company
Oil Ministry
P. O. Box 476
Baghdad, Iraq
Tel. : (9641) 7270710
Fax : (9641) 727056
E-mail : exploration@oec.oil.gov.iq
oecman@oec.oil.gov.iq
Website : www.oec.oil.gov.iq 

Kuwait Kuwait
(EEPC Ref. No. MEED-2260)
Tender No.             21/2017/2018              
Tender for  Gas burning plant parts 
Tender details  Supply, operation and maintenance of spare parts for a gas burning plant and
accessories for a waste dumping closed site in the Adan area of Al-Qurain. 
Bid bond  KD 3,500 
Cost of tender documents  KD 150 
Closing date  15.07.2018 
Issued by 

Central Tenders Committee
Kuwait Municipality
PO Box 1070
Safat 13011, Kuwait
Tel. : (965) 2401200
Fax : (965) 2416574
E-mail : info@ctc.gov.kw
Website : www.ctc.gov.kw 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2261)
Tender No.             RFX-2211800068             
Tender for  Cable circuit PD spot testers 
Tender details 

Supply of portable online PD spot testers for medium-voltage distribution cable circuits.

Bid bond  5 per cent of tender price 
Cost of tender documents  AED 210 
Closing date  08.07.2018 
Issued by 

Dubai Electricity & Water Authority
Office of the Contracts Manager
Zabeel East, P. O. Box 564
Dubai, UAE
Tel. : (9714) 3244444
Fax : (9714) 3248111
E-mail : contracts@dewa.gov.ae
Website : www.dewa.gov.ae 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2262)
Tender No.               RFX-2211800044                
Tender for  Trucks 
Tender details  Supply of trucks. 
Bid bond  5 per cent of tender price 
Cost of tender documents  AED 1,050 
Closing date  11.07.2018 
Issued by 

Dubai Electricity & Water Authority
Office of the Contracts Manager
Zabeel East, P. O. Box 564
Dubai, UAE
Tel. : (9714) 3244444
Fax : (9714) 3248111
E-mail : contracts@dewa.gov.ae
Website : www.dewa.gov.ae 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2263)
Tender No.               RFX-2051800041               
Tender for  Fiber optic cable ducts 
Tender details  Supply of high-density polyethylene (HDPE) ducts and accessories for fiber optic cables. 
Bid bond  5 per cent of tender price 
Cost of tender documents  AED 525 
Closing date  05.07.2018 
Issued by 

Dubai Electricity & Water Authority
Office of the Contracts Manager
Zabeel East, P. O. Box 564
Dubai, UAE
Tel. : (9714) 3244444
Fax : (9714) 3248111
E-mail : contracts@dewa.gov.ae
Website : www.dewa.gov.ae 

Source  MEED.com website 

Domestic Information

PUBLIC NOTICE

Dated 13 June, 2018

Notification No. 52/2018-Customs (N.T.)



Ministry of Finance, Department of Revenue, Government of India, New Delhi has issued a Notification No. 52/2018-Customs (N.T.), dated 13th June, 2018 regarding Amendment to Notification no. 62/94-Customs (N.T.) dated 21.11.1994 notifying Karanja Terminal u/s 7(a) of Customs Act, 1962 for unloading of imported goods and loading of export goods or any class of goods. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/180615151829.pdf) for information of our Members.
Dated 14 June, 2018

Notification No. 53/2018-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Notification No. 53/2018-Customs (N.T.), dated 14th June, 2018 regarding Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/180615151920.pdf) for information of our Members.
Dated 13 June, 2018

Circular No. 18/2018-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 18/2018-Customs, dated 13th June, 2018 regarding Procedure for e-commerce exports through Post and clarification regarding personal imports (amendment to Circular 14/2018 dated 04th June, 2018). The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/180615152029.pdf) for information of our Members.
Dated 18 June, 2018

Circular No. 19/2018-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 19/2018-Customs, dated 18th June, 2018 regarding Electronic sealing-deposit in and removal of goods from Customs Bonded warehouse. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/180618150059.pdf) for information of our Members.
Dated 13 June, 2018

Notification No. 26/2018-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Notification No. 26/2018-Central Tax, dated 13th June, 2018 regarding Seeks to make amendments (Fifth Amendment, 2018) to the CGST Rules, 2017. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/180615152134.pdf) for information of our Members.
Dated 14 June, 2018

Circular No. 48/22/2018 - GST



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 48/22/2018-GST, dated 14th June, 2018 regarding Clarifications of certain issues under GST. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/180615152246.pdf) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (June 16, 2018)

(Exclusive of GST) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace  
Round quality (21x25) 38,500
Structural quality (28x30) 38,500
Low carbon (12x16) -
Semi low carbon (18x21) 38,800
5x6 Girder quality (25x30) -
Runners/Risers 38,800
Bones/Clean -
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 38,500
100x100 mm MS 38,800
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 38,800
100x100 Concast-SAIL DSP 38,800
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 38,400
Above 251 mm Bloom (MS) 38,400
(DSP) Bloom 160x250 mm 38,500
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 38,500
150x150 mm MS (SAIL) 38,500
Bloom Cut into pcs. (MS) 38,600
Bloom Cut into pcs. (Medium) 38,400
Bloom Cut into (Patra Pass) 38,500

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 27,700
Untested Rail - 90 lbs. 27,600
Untested Rail - 105 lbs. 27,900
Rej. Wheel (Big) -
Rej. Wheel (Small) 28,300
Cut Tyre (Big) 33,600
Cut Tyre (Small) 28,200
Melting Scrap (F.O.R.)  
Fresh Scrap (Rolling Mill End)  31,100
Old Scrap (Godown) 27,700
Turning 26,400
Tin Tapper 27,900
Sponge Iron 27,400
Pig Iron (F.O.R.)  
Foundry Grade 35,500
Steel Grade 34,300
C.I. Turning 20,800
Degi Scrap 28,800
Deg Casting 38,600
Ingot Moulds (Old) 29,100
Ingot Moulds (New) 39,200
Cut Ingot Moulds 26,700
Open Market Rates of Finished Goods (June 16, 2018)
(Inclusive of GST)
       (Rate per Qntl.)       

M. S. Rounds 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 4720 4690 4600 4700 4660 4700 4690 4730
Zindi Pass (Drawing) - - - 4700 4670 4710 4700 4740

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 4700

Heavy Rounds 28 to 53 mm 63 to 100 mm 110 to 125 mm 140 to 150 mm 165 mm 180 mm 200 mm
Mild    4760 4800  4810     4820 4820 4840 4880
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 4660
4660
4630
4690
4690
4700
4680
4620
M. S. Angles 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm 110 mm 150 mm 200  mm
3 mm 4620 4600 4610 4700 4800 4790 - - - - -
5 mm 4560 4560 4700 4800 4790 4800
4800 - - -
6 mm 4640 4640 4700 4800 4790 4800 4800 - - -
8 mm - - 4670 4770 4770 4770 4770 - - -
10 mm - - 4670 4770 4770 4770 4840 4840 - -
12 mm - - 4670 4770 4770 4770 4840 - 4870

-

16 mm - - 4670 4770 4770 4770 4840 - - -
M. S. Flats 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm
3 mm 4600 4600 4600 4640 4700 4800 - -
5 mm 4600 4600 4600 4600 4700 4790 4790 4790
6 mm 4600
4600 4600 4600 4700 4790 4790 4790
8 mm 4480 4600 4650 4750 4760 4760
10 mm - - 4480 4600 4650 4750 4760 4760
12/25 mm - - 4480 4600 4650 4750 4760 4760
18/19 Gauge 4560 4540 4690 4600
4650 4750 4760 4760

[Prices at other stockyards may vary]                                          Source : Steel Town (Weekly), June 16, 2018]

EEPC INDIA OFFICE BEARERS

CHAIRMAN SR. VICE CHAIRMAN AND OFFICIATING AS REGIONAL CHAIRMAN (SR) VICE CHAIRMAN

Ravi Sehgal 
Tel.: 91-33-2287-2256/8229/2290 
Fax : 91-33-2287-9938
E-mail : ravisehgal5@gmail.com

 

 

Mahesh K Desai
Tel.: 91-40-27617098/5131 (O)
91-40-27765793 (R)
Fax : 91-40-27614376
E-mail : desai.mahesh64@gmail.com
              hyd1_meera@bsnl.in

 

Arun Kumar Garodia
Tel.: 91-33-40052700
Fax : 91-33-40052800
E-mail : corona@coronaind.com
              arun@coronaind.com

 

REGIONAL CHAIRMEN / CHAIRPERSON

EASTERN REGION

B. D. Agarwal
Tel. : 91-33-22487249
Fax : 91-33-22481879
E-mail : bdacec@gmail.com

NORTHERN REGION
Kamna Raj Aggarwalla
Tel.: 91-181-2642001/02/03/04
Fax : 91-181-2642005
E-mail :         kamna.aggarwalla@gmail.com                          
SOUTHERN REGION

WESTERN REGION

Krishanlal Dhingra
Tel.: 91-22-64527953
Fax : 91-22-26556955
E-mail : kldhingra@gmail.com

EEPC INDIA OFFICES

H.O. (Cell) REGISTERED & HEAD OFFICE

Suranjan Gupta 
Executive Director
EEPC INDIA
Vandhna (4th Floor)
11 Tolstoy Marg 
New Delhi 110 001
Tel.: 91-11-23353353, 23711124/25
Fax : 91-11-23310920
E-mail : eepcto@eepcindia.net
URL : www.eepcindia.org

Adhip Mitra
Addl. Executive Director & Secretary
EEPC INDIA
Vanijya Bhavan (1st Floor)
International Trade Facilitation Centre
1/1 Wood Street, Kolkata 700 016
Tel.: 91-33-22890651/52/53
Fax : 91-33-22890654
E-mail : eepcho@eepcindia.net
URL : www.eepcindia.org

REGIONAL OFFICES

EASTERN REGION
Anima Pandey
Regional Director & Director (Membership)
EEPC INDIA
Vanijya Bhavan (2nd Floor)
International Trade Facilitation Centre
1/1, Wood Street
Kolkata 700 016
Tel.: 91-33-22890673/74
Fax : 91-33-22890687
E-mail : eepcrokol@eepcindia.net
NORTHERN REGION
Rakesh Suraj
Regional Director
EEPC INDIA
Flat No.10
P, Q, N, 10th Floor
DCM Building
16 Barakhamba Road
New Delhi - 110 001
Tel.: 91-11-23314171/74
Fax : 91-11-23317795
E-mail : eepcrodel@eepcindia.net
SOUTHERN REGION
C. H. Nadiger
Regional Director
EEPC INDIA
Greams Dugar (3rd Floor)
149 Greams Road
Chennai 600 006
Tel.: 91-44-28295501, 28295502
Fax : 91-44-28290495
E-mail : eepcrochen@eepcindia.net
WESTERN REGION
Rajat Srivastava
Regional Director & Director (Marketing & Sales)
EEPC INDIA
B-202 & 220, Aurus Chambers
Annex "B", 2nd Floor Behind Mahindra Tower
S.S. Amrutwar Marg
Worli, Mumbai 400 013
Tel.: 91-22-4212 5555
Fax : 91-22-4212 5556, 022-2495 5486
E-mail : eepcromum@eepcindia.net

SUB-REGIONAL OFFICE

AHMEDABAD
Sudhakaran C. K. Nair
Deputy Director
EEPC INDIA
TF-313/A(3rd Floor)
ATMA House, Ashram Road
Ahmedabad 380 009
Tel.: 91-79-26588720
E-mail : eepcsroahd@eepcindia.net
BANGALORE
J. V. Raja Gopal Rao
Sr. Deputy Director
EEPC INDIA
Embassy Square, 103, First Floor
No.148, Infantry Road
Bengaluru - 560 001
Tel.: 91-80-22261396/22268669
Fax : 91-80-22266914
E-mail : eepcsroblr@eepcindia.net
HYDERABAD
V. C. Ravish
Sr. Executive Officer
EEPC INDIA
`Soham Mansion` (1st Floor)
No. 5-4-187/3 & 4/4, M.G Road
Secunderabad 500 003
Tel.: 91-40-27536704
Fax : 91-40-27536705
E-mail : eepcsrohyd@eepcindia.net
JALANDHAR
Opinder Singh
Deputy Director
EEPC INDIA
Plot Comm. 1, Focal Point
Jalandhar 144 012
Tel.: 91-181-2602264
Fax : 91-181-2601124
E-mail : eepcsrojld@eepcindia.net

CIN : U51900WB1955NPL022644