engineering export bulletin engineering the future
  • Mr. D. P. Mohapatra, Addl. DGFT delivering the Inaugural address at Niryat Bandhu Seminar by Addl. DGFT, Ahmedabad & Business Opportunities at IESS VII held on 10th November, 2017 in Ahmedabad
  • Mr. K. V. Tirumala, Dy. DGFT making presentation on FTP post GST at Niryat Bandhu Seminar by Addl. DGFT, Ahmedabad & Business Opportunities at IESS VII held on 10th November, 2017 in Ahmedabad
  • Mr. Sachin Patel presenting a bouquet to Mr. D. P. Mohapatra, Addl. DGFT at Niryat Bandhu Seminar by Addl. DGFT, Ahmedabad & Business Opportunities at IESS VII held on 10th November, 2017 in Ahmedabad
  • Mr. S. Nair, Dy. Director, EEPC India, Ahmedabad making the presentation on IESS 2018 held on 10th November, 2017 in Ahmedabad
  • Mr. Rajiva Sinha, IAS, Additional Chief Secretary, MSME & Textiles Department, Government of West Bengal addressing on BGBS (Bengal Global Business Summit) 2018 held on 8th November, 2017 in Kolkata. On his left is Mr. Arun Kumar Garodia, Regional Chairman, EEPC India (ER); Mr. Suranjan Gupta, Additional Executive Director, EEPC India; Mr. G K Madhogaria, Deputy Regional Chairman, EEPC India (ER) and Ms. Anima Pandey, Regional Director, EEPC India (ER). On his right Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India; Mr. B D Agarwal, Deputy Regional Chairman, EEPC India (ER) and Mr. Rakesh Shah, Past Chairman, EEPC India and Chairman of the Committee on Publicity, Exhibition and Delegation, EEPC India is also present
  • Mr. Arun Kumar Garodia, Regional Chairman, EEPC India (ER) welcoming all at the Interactive Session on Light Engineering Sector at BGBS 2018 held on 8th November, 2017 in Kolkata. On his right Mr. Rajiva Sinha, IAS, Additional Chief Secretary, MSME & Textiles Department, Government of West Bengal; Mr. Bhaskar Sarkar, Executive Director & Secretary, EEPC India; Mr. B D Agarwal, Deputy Regional Chairman, EEPC India (ER) and Ms. Anima Pandey, Regional Director, EEPC India (ER). On his left Mr. Suranjan Gupta, Additional Executive Director, EEPC India; Mr G K Madhogaria, Deputy Regional Chairman, EEPC India (ER) and Ms. Mahua Banerjee, Special Secretary, MSME & Textiles Department, Government of West Bengal
  • Mr. Mahesh K. Desai, Regional Chairman, EEPC India (SR), addressing the audience at Industry Awareness Program on Zero Defect Zero Effect - Enhancing Quality and Global Competitiveness held on 8th November, 2017 in Hyderabad. On the dais (L to R) : Mr. M.V. Sudheer Kumar, Assistant Director, MSME-DI; Mr. V. Sanjanna, Deputy Director, National Productivity Council; Mr. Arvind Patwari, Director, MSME-DI and Mr. Srinivas Chakravarthy, Assistant Director, EEPC India, Sub-Regional Office, Hyderabad

ENGINEERING EXPORT INFO-BULLETIN | VOL. 19 | ISSUE NO. 43 | NOVEMBER 20, 2017

eepc mobile app

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.108/2017 - Customs (N.T.) - Exchange Rates Notification No.108/2017-Custom(NT) dated 14.11.2017.
  • Notification No. 109/2017-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.
  • Notification No.110/2017 - Customs (N.T.) - Exchange Rates Notification No.110/2017-Custom(NT) dated 16.11.2017.
  • Notification No. 55/2017 – Central Tax - Twelfth amendment to CGST Rules, 2017.
  • Notification No. 56/2017 – Central Tax - Seeks to mandate the furnishing of return in FORM GSTR-3B till March, 2018.
  • Notification No. 57/2017 – Central Tax - Seeks to prescribe quarterly furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crore.
  • Circular No. 44/2017-Customs - Implementing Electronic sealing for Containers by exporters under self-sealing procedure by Circular 26/2017-Cus dated 01.07.2017, 36/2017 dated 28.08.2017, 37/2017 dated 20.09.2017 and 41/2017 dated 30-10-2017.
  • Notification No. 58/2017 – Central Tax - Seeks to extend the due dates for the furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs.1.5 crores.
  • Notification No. 59/2017 – Central Tax - Seeks to extend the time limit for filing of FORM GSTR-4.
  • Notification No. 60/2017 – Central Tax - Seeks to extend the time limit for furnishing the return in FORM GSTR-5, for the months of July to October, 2017.
  • Notification No. 61/2017 – Central Tax - Seeks to extend the time limit for furnishing the return in FORM GSTR-5A for the months of July to October, 2017.
  • Notification No. 64/2017 – Central Tax - Seeks to limit the maximum late fee payable for delayed filing of return in FORM GSTR-3B from October, 2017 onwards.
  • Notification No. 41/2017-Central Tax (Rate) - Seeks to amend notification no. 1/2017- Central tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding gst rates.
  • Circular No. 16/16/2017-GST - Clarifications regarding applicability of GST and availability of ITC in respect of certain services.
  • A.P. (DIR Series) Circular No. 13 - Exim Bank`s Government of India supported Line of Credit of USD 81 million to the Government of the Republic of Rwanda.
  • Notification No. 62/2017 – Central Tax - Seeks to extend the time limit for furnishing the return in FORM GSTR-6 for the month of July, 2017.
  • Notification No. 63/2017 – Central Tax - Seeks to extend the due date for submission of details in FORM GST-ITC-04.
  • Notification No. 65/2017 – Central Tax - Seeks to exempt suppliers of services through an e-commerce platform from obtaining compulsory registration.
  • Notification No. 66/2017 – Central Tax - Seeks to exempt all taxpayers from payment of tax on advances received in case of supply of goods.
  • Circular No. 17/17/2017 - GST - Manual filing and processing of refund claims in respect of zero-rated supplies.
  • A.P. (DIR Series) Circular No. 12 - Exim Bank`s Government of India supported Line of Credit of USD 500 million to the SBM (Mauritius) Infrastructure Development Company Ltd.
chairman

My dear fellow exporters,

Unlike the broader merchandise exports, Indian engineering exports continued its growth run for the 15th straight month to October 2017 albeit with a slower year-on-year growth of 11.60 percent as against 44.65 percent in September 2017 and 19.09 percent in August 2017. Overseas shipment of India`s engineering products was recorded at US$ 5728.95 million during October 2017 as against US$ 5133.58 million in the same month last year. Engineering exports during April - October 2017-18 was recorded at US$ 41,994.64 million as against US$ 35,166.67 million during the same period last fiscal. India’s engineering exports to N E Asia countries recorded highest positive growth to the extent of 74.8 percent in April – October 2017-18 over the same period in the previous year, followed by North America and Latin America. Among the 33 engineering panels, sectors like Lead and Products, Zinc and products, Tin and products, Iron and Steel, Copper and Aluminium products recorded considerable growth in exports during April-October 2017-18.

The slowdown in engineering export growth may continue as corrected measures approved by the GST Council is yet to be implemented properly and the fund crisis faced by the exporters, especially from the MSME sector still persists as a consequence. This was basically attributed to delayed refund of both IGST paid exports and input-tax credit for LUT/Bond exports to the exporters under the new GST regime that led to liquidity crunch for them.

 

Tarvinder Singh Bhasin 

Overseas Information

OVERSEAS MARKET INFORMATION

Ethiopia
(Source : Embassy of India, Addis Ababa)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for the trade agreement between India and Ethiopia for strengthening and promoting trade and economic co-operation.  The trade agreement was signed on 5th October, 2017 during the State visit of the President of India to Ethiopia from 4th to 6th October, 2017.  The trade agreement will replace the existing trade Agreement signed in 1982.  The trade agreement will provide for all necessary measures to encourage trade, economic cooperation, investment and technical co-operation.

Libya
(Source : Embassy of India, Tripoli)

Exports by India to Libya during the period 2016-17 stood at US$ 120.46 million and India’s imports from Libya went down to US $ 7.45 million. Thus the trade decreased substantially mainly because of civil strife in Libya and decrease in oil production due to militia fighting and perennial strikes.

                                                                                                                                                                                                Values in US $ Millions in Libya

 

2011-2012 

2012-2013 

2013-2014 

2014-2015 

2015-2016 

2016-2017 

Export

60.98

215.30

287.20

163.74

122.58

120.46

Import

38.33

1,834.80

451.54

70.14

8.86

7.45

Total Trade

99.31

2,050.10

738.74

233.88

131.44

127.91

The main items of India’s exports to Libya are transport equipment, processed minerals, machinery & instruments, coffee, drugs & pharmaceuticals, natural silk yarn, fabrics and other commodities. The main item of India’s imports from Libya is petroleum (crude and products).

Peru
(Source : Embassy of India, Lima)

According to the Global Retail Development Index, prepared by the consultancy A.T. Kearney, Peru is the leader in Latin America regarding the development of the retail sector and continues to outperform other economies in the region such as Colombia (10th), Paraguay (19th), Bolivia (28th) and Brazil (29th). In this way, Peru is on the right track towards achieving first world standards in the sector in coming years. This occurs, in part, as a result of a diversity of efforts which include integration, liberal policies and free market. The bilateral agreements with strategic partners such as China, USA, the European Union, our Latin American peers and the Asia-Pacific countries strengthen investment flow and trade. The macroeconomic figures also favour the climate for doing business in the country, because in the coming years it is expected that the GDP will continue to grow, stable inflation, a growing middle class and a consolidated consumer confidence. Likewise, according to the latest global Doing Business ranking of the World Bank, Peru is the third ranked economy in Latin America with an ease to doing business. This is reflected in the fact that, in recent years, important retailers have positioned themselves and developed in the country.

Peru, one of the countries with highest investment potential (Andina : 08/11/2017) - Peru ranks as one of the countries offering the greatest Public-Private Partnership (PPP) investment opportunities, the country`s Private Investment Promotion Agency (ProInversion) Executive-Director Alberto Ñecco pointed out on Wednesday. According to Ñecco, ProInversion has implemented the best practices from the Canadian PPP model, focusing on process efficiency to achieve better project execution and quality. "From now on, Peru will not only be seen as one of the world`s most stable countries, in macroeconomic terms, but also when it comes to investment opportunities and execution" he noted. Remarks were made during his participation in the 25th edition of the Annual CCPPP National Conference held on November 6-7 in Toronto, Canada`s economic capital.

TENDER INFORMATION

Jamaica Jamaica
(EEPC Ref. No. DB-2094)
Project            

Fiscal Administration Modernization Program  (FAMP)
Loan  No. : 2658/OC-JA
Project ID No. : JA-L1039             

DB Ref. No.  IDB1486-11/17 
Issued by 

Jamaica Customs Agency
2 – 4 King Street
Kingston, Jamaica
Attn. : Procurement Manager
Tel. : 922-5140-9
Fax : 948-6920
E-mail : naidine.samuels@jacustoms.gov.jm 

Bid No.  GOJ/JCA/FAMP/RFP2017/Q1-7-1 
For  Procurement of Two Scan Vans for Jamaica Customs Agency. 
Tender cost  Non-refundable cost of J$ 5,000.00 payable in cash or Managers’ Cheque to the Commissioner of  Customs. 
Bid deadline  08.01.2018 
Tanzania Tanzania
(EEPC Ref. No. DB-2095)
Project                   

Arusha Sustainable Urban Water and Sanitation Delivery  Project
Loan No. : 2000130014084 & No: 5050130000101
Financing from AfDB                

DB Ref. No.  AfDB1102-11/17 
Issued by 

Secretary of the Tender Board
Arusha Urban Water Supply and Sanitation Authority (AUWSA)
Wachagga Street
P. O. Box 13600
Arusha, Tanzania
Tel. : +255 27 2547186
Fax : +255 27 254 7163
E- mail : md@auwsa.go.tz 

Bid No.  AUWSA/AfDB/W/004/2017 
For 

"Drilling, Testing, Evaluation and Completion of 30 deep wells at the Mbuguni -Valesca well field
and Maji moto well field" as summarized here below :
- Part 1 of 12 deep wells in two lots of 6 wells each at Valesca - Mbuguni well field;
- Part 2 of 18 deep wells in three lots of 6 wells each at Maji moto well field.

Tender cost 

Non-refundable fee of TZS 200,000.00 or equivalent in a freely convertible currency.
Payable in Cash, Banker’s Draft, or Banker’s Cheque to AUWSA Revenue account,
CRDB Arusha Branch, Account number : 01J1034115700 in TZS, Swift code : CORUTZTZ.

Bid Security 

US$ 25,000.00 (for each lot) or its equivalent in a freely convertible currency.

Bid deadline  04.01.2018 
Source  UN Development Business Website 
Iraq Iraq
(EEPC Ref. No. MEED-2074)
Tender No.              383/2017/E             
Tender for  Boiler parts 
Tender details  Supply of boiler parts. 
Bid bond  $ 3,800 
Cost of tender documents   ID 200,000 
Closing date  12.12.2017 
Issued by 

South Refineries Company
Contracts & Purchasing Department
Oil Ministry, Shuaiba
PO Box 84977
Basra, Iraq
Tel. : (9641) 8861762/8875850
Fax : (9641) 8875850/ 8861762
E-mail : contracts@src.gv.iq, office@src.gov.iq
Website : www.src.gov.iq 

Kuwait Kuwait
(EEPC Ref. No. MEED-2076)
Tender No.            7/2017/2018                       
Tender for  Water suction pumps 
Tender details  Supply and installation of water suction pumps at a passenger building in Kuwait International Airport. 
Bid bond  2 per cent of tender price 
Cost of tender documents   KD 75 
Closing date  03.12.2017 
Issued by 

Directorate General of Civil Aviation
Financial Department
Tenders & Contracts Section
Kuwait International Airport Area
Safat 13001, Kuwait
Tel. : (965) 24319916
Fax : (965) 24768774
E-mail : info@dgca.gov.kw
Website : www.dgca.gov.kw 

Jordan Jordan
(EEPC Ref. No. MEED-2075)
Tender No.                 58/2017                
Tender for  Gas detection accessories 
Tender details  Supply of gas detection accessories. 
Bid bond  JD 1,500 
Cost of tender documents   JD 25 
Closing date  29.11.2017 
Issued by 

Samra Electric Power Generating Company (Sepco)
Jabal Amman Third Circle
PO Box 1885
Amman 11821, Jordan
Tel. : (9626) 5506510
Fax : (9626) 5506520
Website : www.sepco.com.jo 

Qatar Qatar
(EEPC Ref. No. MEED-2077)
Tender No.              LTC 1054/2016                   
Tender for  Aerators 
Tender details  Supply and installation of aerators for governmental buildings on a call-off contract basis. 
Bid bond  QR 50,000 
Cost of tender documents   QR 500 – to Account No. 0013-160003-002, Qatar National Bank 
Closing date  26.11.2017 
Issued by 

Qatar General Electricity & Water Corporation (Kahramaa)
Conservation & Energy Efficiency Department
Dafna, PO Box 41
Doha, Qatar
Tel. : (974) 44845484/44845555
Fax : (974) 44845496
E-mail : contactus@km.com.qa
Website : www.kahramaa.com.qa 

Source  MEED.com website 

Domestic Information

PUBLIC NOTICE

Dated 14 November, 2017

Notification No. 108/2017-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 108/2017-Customs (N.T.), dated 14th November, 2017 regarding Exchange Rates Notification No.108/2017-Custom(NT) dated 14.11.2017. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116125758.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 109/2017-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 109/2017-Customs (N.T.), dated 15th November, 2017 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/171116125847.pdf) for information of our Members.
Dated 16 November, 2017

Notification No. 110/2017-Customs (N.T.)



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 110/2017-Customs (N.T.), dated 16th November, 2017 regarding Exchange Rates Notification No.110/2017-Custom(NT) dated 16.11.2017. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116175420.pdf) for information of our Members.
Dated 18 November, 2017

Circular No. 44/2017-Customs



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Circular No. 44/2017-Customs, dated 18th November, 2017 regarding Implementing Electronic sealing for Containers by exporters under self-sealing procedure by Circular 26/2017-Cus dated 01.07.2017, 36/2017 dated 28.08.2017, 37/2017 dated 20.09.2017 and 41/2017 dated 30-10-2017. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/171119194954.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 55/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 55/2017-Central Tax, dated 15th November, 2017 regarding Twelfth amendment to CGST Rules, 2017. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132230.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 56/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 56/2017-Central Tax, dated 15th November, 2017 regarding Seeks to mandate the furnishing of return in FORM GSTR-3B till March, 2018. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132315.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 57/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 57/2017-Central Tax, dated 15th November, 2017 regarding Seeks to prescribe quarterly furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crore. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132513.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 59/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 59/2017-Central Tax, dated 15th November, 2017 regarding Seeks to extend the time limit for filing of FORM GSTR-4. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132650.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 60/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 60/2017-Central Tax, dated 15th November, 2017 regarding Seeks to extend the time limit for furnishing the return in FORM GSTR-5, for the months of July to October, 2017. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132737.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 61/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 61/2017-Central Tax, dated 15th November, 2017 regarding Seeks to extend the time limit for furnishing the return in FORM GSTR-5A for the months of July to October, 2017. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132825.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 62/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 62/2017-Central Tax, dated 15th November, 2017 regarding Seeks to extend the time limit for furnishing the return in FORM GSTR-6 for the month of July, 2017. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132919.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 58/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 58/2017-Central Tax, dated 15th November, 2017 regarding Seeks to extend the due dates for the furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs.1.5 crores. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116132600.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 65/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 65/2017-Central Tax, dated 15th November, 2017 regarding Seeks to exempt suppliers of services through an e-commerce platform from obtaining compulsory registration. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116133235.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 63/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 63/2017-Central Tax, dated 15th November, 2017 regarding Seeks to extend the due date for submission of details in FORM GST-ITC-04. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116133055.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 64/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 64/2017-Central Tax, dated 15th November, 2017 regarding Seeks to limit the maximum late fee payable for delayed filing of return in FORM GSTR-3B from October, 2017 onwards. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116133142.pdf) for information of our Members.
Dated 15 November, 2017

Notification No. 66/2017-Central Tax



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Notification No. 66/2017-Central Tax, dated 15th November, 2017 regarding Seeks to exempt all taxpayers from payment of tax on advances received in case of supply of goods. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116133343.pdf) for information of our Members.
Dated 14 November, 2017

Notification No. 41/2017-Central Tax (Rate)



Ministry of Finance, Department of Revenue, Government of India, New Delhi has issued a Notification No. 41/2017-Central Tax (Rate), dated 14th November, 2017 regarding Seeks to amend notification no. 1/2017- Central tax(rate) dated 28.06.2017 to give effect to gst council decisions regarding gst rates. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/171116133454.pdf) for information of our Members.
Dated 15 November, 2017

Circular No. 16/16/2017-GST



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Circular No. 16/16/2017-GST, dated 15th November, 2017 regarding Clarifications regarding applicability of GST and availability of ITC in respect of certain services. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/171116133643.pdf) for information of our Members.
Dated 15 November, 2017

Circular No. 17/17/2017-GST



Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, Government of India, New Delhi has issued a Circular No. 17/17/2017-GST, dated 15th November, 2017 regarding Manual filing and processing of refund claims in respect of zero-rated supplies. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/171116133748.pdf) for information of our Members.

EXPORT FINANCE

Dated 16 November, 2017

RBI/2017-18/92
A.P. (DIR Series) Circular No. 12




The Reserve Bank of India, Mumbai has issued A.P. (DIR Series) Circular No. 12, dated 16th November, 2017 regarding Exim Bank`s Government of India supported Line of Credit of USD 500 million to the SBM (Mauritius) Infrastructure Development Company Ltd. The above Circular has already been hosted in our Website (http://www.eepcindia.org/download/171120112846.PDF) for information of our Members.
Dated 16 November, 2017

RBI/2017-18/93
A.P. (DIR Series) Circular No. 13




The Reserve Bank of India, Mumbai has issued A.P. (DIR Series) Circular No. 13, dated 16th November, 2017 regarding Exim Bank`s Government of India supported Line of Credit of USD 81 million to the Government of the Republic of Rwanda. The above Circular has already been hosted in our Website (http://www.eepcindia.org/download/171120112943.PDF) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (November 18, 2017)

(Exclusive of GST) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace  
Round quality (21x25) 29,800
Structural quality (28x30) 31,900
Low carbon (12x16) -
Semi low carbon (18x21) 32,300
5x6 Girder quality (25x30) 32,300
Runners/Risers 32,300
Bones/Clean -
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 30,750
100x100 mm MS 30,650
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 30,650
100x100 Concast-SAIL DSP 30,850
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 30,050
Above 251 mm Bloom (MS) 30,050
(DSP) Bloom 160x250 mm 30,050
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 29,450
150x150 mm MS (SAIL) 30,250
Bloom Cut into pcs. (MS) 30,950
Bloom Cut into pcs. (Medium) 29,850
Bloom Cut into (Patra Pass) 28,950

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 25,000
Untested Rail - 90 lbs. 25,000
Untested Rail - 105 lbs. 25,300
Rej. Wheel (Big) -
Rej. Wheel (Small) 25,700
Cut Tyre (Big) 30,900
Cut Tyre (Small) 25,500
Melting Scrap (F.O.R.)  
Rolling Mill end (Fresh) 21,000
Good Godown 17,900
Godown Scrap 17,400
Turning 16,900
Tin Tapper 17,900
Sponge Iron 20,600
Pig Iron (F.O.R.)  
Foundry Grade 31,300
Steel Grade 29,900
C.I. Turning 15,600
Degi Scrap 22,400
Deg Casting 33,400
Ingot Moulds (Old) 24,400
Ingot Moulds (New) 34,775
Cut Ingot Moulds 21,100
Open Market Rates of Finished Goods (November 18, 2017)
(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 3890 3790 3660 3680 3660 3660 3660 3620
Zindi Pass (Drawing) - - - 3710 3690 3690 3680 3650

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 3020

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    3710 3690  3790     3890 3970 3950 3950
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 3900
3900
3740
3720
3720
3720
3710
3600
M. S. Angles 20 mm 25 mm 32 mm 37 mm 50 mm 65 mm 75 mm 90 mm 100 mm 110 mm 150 mm 200 mm
3 mm 3850 3760 3760 3760 3780 3780 - - - - - -
5 mm 3790 3790 3740 3740 3740 3780
3860 3860 - - -
6 mm 3770 3770 3730 3730 3730 3770 3850 3850 - - -
10 mm - - - - - - - - 3970 - -
12 mm - - - - - - - - -

3970

-
16 mm - - - - - - - - - -
M. S. Flats 20 mm 25 mm 32 mm 37 mm 50 mm 65 mm 75 mm 100 mm
3 mm 3760 3760 3760 3770 3790 3790 - -
5 mm 3660 3660 3760 3660 3690 3690 3690 3690
6 mm 3660
3660 3660 3660 3690 3690 3690 3690
10 mm - - 3715 3690 3690 3690 3690 3690
12/25 mm - - 3715 3710 3690 3690 3690 3690
18/19 Gauge 3720 3710 3740 3690
3690 3790 3770 3710

[Prices at other stockyards may vary]                                            Source : Steel Town (Weekly), November 18, 2017]

EEPC INDIA OFFICE BEARERS

CHAIRMAN SR. VICE CHAIRMAN VICE CHAIRMAN

Tarvinder Singh Bhasin 
Tel.: 91-22-23738856, 23724381 
Fax : 91-22-23730107 
E-mail : tsb@bharatsprings.com

Ravindra Prakash Sehgal 
Tel.: 91-33-2287-2256/8229/2290 
Fax : 91-33-2287-9938
E-mail : ravisehgal5@gmail.com
Pankaj Chadha
Tel.: 91-22-26455474 - 75
Fax : 91-22-26455478
E-mail :export@jyotisteel.com
              pankaj@jyotisteel.com

REGIONAL CHAIRMEN / CHAIRPERSON

EASTERN REGION
Arun Kumar Garodia
Tel.: 91-33-40052700
Fax : 91-33-40052800
E-mail : corona@coronaind.com
              arun@coronaind.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
Mahesh K Desai
Tel.: 91-40-27617098/5131 (O)
91-40-27765793 (R)
Fax : 91-40-27614376
E-mail : hyd1_meera@sancharnet.in
              desai.mahesh64@gmail.com
WESTERN REGION

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

EEPC INDIA OFFICES

TERRITORIAL OFFICE REGISTERED & HEAD OFFICE
Bhaskar Sarkar
Executive Director & Secretary
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
Suranjan Gupta
Addl. Executive Director
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
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
Vandhna Building (7th Floor)
11, Tolstoy Marg
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
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
Sr. Asst. 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
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
Srinivas Chakravarthy
Assistant Director
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