engineering export bulletin engineering the future
  • India Pavilion at Autotech 2018 on 14-16 December, 2018 in Cairo, Egypt. Dr. Vinod Bahade, First Secretary (Commercial), Indian Embassy, Cairo at EEPC India booth and Ms. Jaya Basu, Joint Director, EEPC India looks on
  • India Pavilion at Autotech 2018 on 14-16 December, 2018 in Cairo, Egypt. Dr. Vinod Bahade, First Secretary (Commercial), Indian Embassy, Cairo taking a VIP tour of India Pavilion
  • India Pavilion at Autotech 2018 on 14-16 December, 2018 in Cairo, Egypt. ENG. Abdel Momen El Kady, Vice Chairman, Chamber of Engineering Industries and Dr. Vinod Bahade, First Secretary (Commercial), Indian Embassy, Cairo and Ms. Jaya Basu, Joint Director, EEPC India taking a VIP Tour of the India Pavilion
  • Chief Guest H.E. Mr. Banwarilal Purohit, Hon`ble Governor of Tamil Nadu delivering the keynote address at 41st Southern Regional Export Awards of EEPC India held on 28th December, 2018 in Chennai. On the dais from Left : Mr. K S Mani, Dy. Regional Chairman (SR), Mr. Ravi Sehgal, Chairman, EEPC India, Mr. Mahesh K. Desai, Sr. Vice Chairman and officiating as Regional Chairman (SR), EEPC India and Mr. C. H. Nadiger, Regional Director (SR), EEPC India
  • Mr. Ravi Sehgal,Chairman, EEPC India felicitating the Chief Guest, H.E. Mr. Banwarilal Purohit, Hon`ble Governor of Tamil Nadu with a memento at 41st Southern Regional Export Awards of EEPC India held on 28th December, 2018 in Chennai. Also present Mr. Mahesh K. Desai, Sr. Vice Chairman and officiating as Regional Chairman (SR), EEPC India (to the left of Chief Guest), Mr. K. S. Mani, Dy. Regional Chairman, (SR), EEPC India (far left) and Mr. C. H. Nadiger,Regional Director (SR), EEPC India (far right)
  • India Pavilion at Autotech 2018 on 14-16 December, 2018 in Cairo, Egypt. ENG. Abdel Momen El Kady, Vice Chairman, Chamber of Engineering Industries at EEPC India booth and Ms. Jaya Basu, Joint Director, EEPC India looks on

ENGINEERING EXPORT INFO-BULLETIN | VOL. 21 | ISSUE NO. 01 | JANUARY 7, 2019

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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

  • Circular No. 78/52/2018-GST - Clarification on export of services under GST – Reg.
  • Trade Notice No. 41/2018-19 - Rationalization of procedures in handling EODC requests under Advance-EPCG Authorizations.
  • Public Notice No. 66/2015-20 - Rationalization of procedures in handling redemption requests under Advance-EPCG Authorizations.
  • Notification No. 02/2019 - Customs (N.T.) - Exchange Rates Notification No.2/2019-Custom (NT) dated 3.1.2019.
  • Circular No. 01/2019-Customs - IGST Export Refunds–resolution of errors– reg.
  • Policy Circular No. 15/2015-20 - Clarification in respect of “not permitting” the import of the capital goods required for “distribution of electrical energy (power)” under the EPCG Scheme.
  • Notification No. 74/2018 – Central Tax - Fourteenth amendment to the CGST Rules, 2017.
  • Notification No.24/2018-Central Tax (Rate) - Seeks to further amend notification No. 1/2017-Central Tax (Rate) dated 28.06.2017 to change GST rates on goods as per recommendations of the GST Council in its 31st meeting.
  • Circular No. 79/53/2018-GST - Clarification on refund related issues – Reg.
  • Circular No. 81/55/2018-GST - Clarification regarding GST tax rate for Sprinkler and Drip Irrigation System including laterals–reg.
  • Circular No. 87/06/2019-GST - Central Goods and Services Tax (Amendment) Act, 2018- Clarification regarding section 140(1) of the CGST Act, 2017-reg.
  • DBR.No.BP.BC.18/21.04.048/2018-19 - Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances.
chairman

My dear fellow exporters,

The New Year seems to be an encouraging one for the Indian exporting community as an important development is supposed to take place very soon that will act as a booster dose for India`s overseas shipment. India is now hopeful to full operationalise the strategic Chabahar Port located in Iran. The Indian Union Minister Mr. Nitin Gadkari met the Iranian Minister of Foreign Affairs Mohammad Javed Zariff and assured a fruitful meeting with promise to resolve several issues in this connection. Most importantly, UCO bank from Indian and Pasargad bank from Iran are ready to facilitate transactions relating to the operation of berths at Chabahar Port. Now for India, trade with Iran and the largely untapped Central Asian region will surge significantly in all possibilities as Chabahar Port is considered as the gateway to opportunity for India.

Another good news for the Indian exporter is that the union government, state governments and industry representatives will reportedly meet on 10th January in the fourth meeting of the Council for Trade Development and Promotion to discuss possible ways to boost India`s exports on the back of growing protectionism across the globe. While we expect to see another all-time high engineering export from India in fiscal 2018-19, these steps from the Government will surely be supportive for the exporters.

 

Ravi Sehgal 

Overseas Information

OVERSEAS MARKET INFORMATION

Kuwait
(Source : Embassy of India, Kuwait)

Ease of Doing Business: Kuwait was ranked at 97 in ease of doing business in the 2019 Doing Business Report released by the World Bank Group (WBG). The improvement was driven by Kuwait’s improved score in Starting a Business and Protecting Minority Investor. Protecting Minority Investors indicator improved from 81 to 72, the time required to start a business reduced from 38.5 to 35 days, and the number of procedures involved with starting a business reduced from 9.5 to 7. Kuwait’s rank improved in getting electricity from 97 to 95, and reduced the number of days from 85 to 65 days.

India’s visiting External Affairs Minister Mrs. Sushma Swaraj met with the Amir of Kuwait on October 31 and exchanged views on furthering cooperation on various issues between India and Kuwait. She also met with the Prime Minister, and her Kuwaiti counterpart Sheikh Sabah Al-Khaled AlSabah. During the visit, both sides signed an agreement on mutual visa exemptions for holders of diplomatic, official and special passports and a memorandum of cooperation on employment of domestic helpers.

Kuwait Airways opened its office in New Delhi, India on November 15. The office was inaugurated by Kuwaiti Ambassador Jassim Al-Najem, and the event was attended by officials representing various airlines and tourism and recruitment companies.

Peru
(Embassy of India, Lima)

Significant Trends : Exports from Peru to India have increased by 149.27%, and Imports have shown the same trend increasing by 25.96% as compared to January 2017.  Gold continues to be the main export from Peru to India (88% of total exports to India during January 2018). Exports of Plywood safety glass for cars have increased by 5500%

Although bilateral trade between India and Peru continues to grow (Exports grew by 39.82% and Imports by 14.35%), the percentage of Indian participation in Peru`s total trade is 3.9%, only 0.5 more than in the same period last year.

Copper, Calcium phosphates and Cocoa beans exported to India show a decrease for the third consecutive month (-42.08%,-10.63% and -23.74% respectively).

Greece
(Source : Embassy of India, Athens)

During the visit of Rashtrapatiji, Leaders of both sides appreciated the bilateral economic cooperation between the two countries and expressed satisfaction that bilateral trade stood at over half a billion US Dollars. Leaders committed to work together to achieve the vast untapped potential. They noted the presence of Indian companies in infrastructure, pharmaceuticals and steel sectors in Greece and of Greek companies in the fields of IT and construction in India. They were of the view that sectors such as agriculture, shipping and tourism also offer scope for cooperation.

While addressing the India-Greece Business Forum on 19.6.2018, Rashtrapatiji said “Our bilateral trade at US Dollars 530 million is way below what had been achieved in the past, and what possibly could be a reasonable target for the future. As per market survey, with some efforts this can easily be made to cross US Dollars 1 billion in the next few years. My Government is keen to take lead in this effort. We have accepted the Greek Government’s invitation to be the "Honoured Country” at the Thessaloniki lnternational Fair, Greece’s flagship business event, to be held in September 2019. I hope this will give a major boost to our bilateral trade. And while the two Governments are taking lead, we would expect Chambers of Commerce, Export Promotion Councils and Industry Groups to participate in the Thessaloniki fair in large numbers and make our partcipation a grand success.”

An India-Greece Business Forum was organized by the Mission in collaboration with Enterprise Greece on 19 June 2018. The business meeting attended by an Indian business delegation comprising of 31 business representatives and a large number of leading Greek business persons representing the sectors of information technology, electronics, shipping, real estate, agriculture, tourism and food processing etc. Rashtrapatiji addressed the business leaders at an India-Greece Business Forum.

Qatar
(Source : Embassy of India, Doha)

According to the ‘The Global Competitiveness Report 2018’ released by the World Economic Forum (WEF), Qatar is ranked the second-most competitive economy in the region and 30th globally. The World Economic Forum’s annual study on the global economy showed that Qatar improved its rank by two places from last year’s 32nd, out of 135 countries that were reviewed.

Potential products of exports for India

Pharmaceuticals - After the start of the blockade, Qatar has done away with GCC umbrella understanding on import of Pharmaceuticals and has been importing pharma products from India. The prospects of enhancing trade in this sector are substantial.

Construction Materials & Iron & steel products - Due to the boom in construction and infrastructure development sector owing to the FIFA World Cup 2022 and closing down of import sources in the UAE, there is a high demand for these items. In fact a couple of consignments of gabbro (aggregate) have been delivered to Qatar from Gujarat.

Bilateral Engagement

External Afairs Minister (EAM) Smt. Sushma Swaraj visited Doha from 28-30 October 2018 and called on the Emir Sheikh Tamim bin Hamad Al-Thani and discussed bilateral partnership and co-operation in a number of felds including pharmaceuticals, infrastructure, agriculture and food processing. She also met with the Deputy Prime Minister and Minister of Foreign Afairs Sheikh Mohamed bin Abdulrahman al-Thani on October 29, 2018. Both sides signed a joint declaration to establish the Joint Commission.

Vibrant Gujarat delegation led by Dr. Rajiv Kumar Gupta, Additional Chief Secretary, Government of Gujarat visited Doha from 10-12 October, 2018 to explore prospects of further promoting trade and investment between India and Qatar and met with the officials of Qatar Development Bank (QDB), Qatar Investment Authority (QIA) and Muntajat.

A business handbook on “How to do business in Qatar’ is being prepared by the Embassy in collaboration with IBPC, a community based organization working under the aegis of the Embassy of India, Doha. The project is at an advanced stage of finalization.

The business directory of Indian entities operating in Qatar independently or in collaboration with Qatari partners being done with active cooperation of IBPC and the directory would be released soon. A soft launch of the directory was done in April 2018.

Action taken on the previous JWGs, Joint Commissions, subcommissions etc. (issues that Mission had to follow up with host government):

Joint Working Group on fertilizers - A letter of Intent has been signed with Qatar on setting up a Joint Venture fertilizer plant in Qatar, subject to allocation of gas for this project. Qatar Petroleum hasn’t shown much interest in implementing this project.

Joint Working Group on Labour and Manpower Development - The meeting is expected to be held in later part of the year. A meeting between India and Qatar was held in New Delhi on 24 and 25 November, 2016. Shri. Manish Gupta, Joint Secretary [OIA-I], headed the Indian delegation. Mr. Mohammed Hassan Al Ubaidali, Head of Labour Section, led the Qatari delegation. The Qatari delegation also included Mr. Salih Saeed Al-Shawi, Director, International Cooperation Department in the Ministry of Labour & Social Afairs and Mr. Badar Abdulla Al Sideequi, Legal Researcher.

Any other issues/developments of importance

Two new free zones in the country would be opened to local and international investors by 2019, according to the Minister of State Ahmed bin Mohamed al-Sayed, Chairman of Qatar’s Free Zones Authority.

Venezuela
(Source : Embassy of India, Caracas)

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.

TENDER INFORMATION

Bangladesh Bangladesh
(EEPC Ref. No. DB-2249)
Project              

Urban Resilience Project
Loan No. : IDA-55990
Project ID No. : P149493

DB Ref. No.  WB135-01/19 
Issued by 

Rajdhani Unnayan Kartripakhha
RAJUK Commercial Complex cum Car Parking Building
(8th & 9th Floor) Gulshan-1
Dhaka-1212, Bangladesh
Attn. : Abdul Latif Helaly, Project Director
Tel. : 8801714042382
Cell : +88-01730013947
E-mail : helalyrajuk@yahoo.com;
pd@urprajuk.com
Website : www.rajukdhaka.gov.bd 

Bid No.  URP/RAJUK/G-16 
For  Procurement of Equipment for Exploration of RSLUP Profile : 200 kN Truck Mounted CPT Equipment. 
Tender cost  Non-refundable fee of BDT 4,200.00 (Four Thousand Two Hundred Bangladeshi Taka) or US$ 50.00 (Fifty US Dollar). 
Bid Security  BDT 2.54 Million (Two point Five Four Million Bangladeshi Taka) or US$ 30,000 (Thirty Thousand US Dollar). 
Bid deadline  25.02.2019 
Bangladesh Bangladesh
(EEPC Ref. No. DB-2250)
Project             

Urban Resilience Project
Loan No. : IDA-55990
Project ID No. : P149493               

DB Ref. No.  WB134-01/19 
Issued by 

Rajdhani Unnayan Kartripakhha
RAJUK Commercial Complex cum Car Parking Building
(8th & 9th Floor) Gulshan-1
Dhaka-1212, Bangladesh
Attn. : Abdul Latif Helaly, Project Director
Tel. : 8801714042382
Cell : +88-01730013947
E-mail : helalyrajuk@yahoo.com;
pd@urprajuk.com
Website : www.rajukdhaka.gov.bd 

Bid No.  URP/RAJUK/G-15 
For  Procurement of Field Equipment for Vulnerability Assessment Aspect of Structures & Geo-physics. 
Tender cost  Non-refundable fee of BDT 4,200.00 (Four Thousand Two Hundred Bangladeshi Taka) or US$ 50.00 (Fifty US Dollar). 
Bid Security  BDT 2.54 Million (Two point Five Four Million Bangladeshi Taka) or US$ 30,000 (Thirty Thousand US Dollar). 
Bid deadline  25.02.2019 
Pakistan Pakistan
(EEPC Ref. No. DB-2251)
Project              

Second Power Transmission Enhancement Investment Program – Tranche 3
Loan No. : 3677-PAK
Financing from ADB

DB Ref. No.  ADB27-01/19 
Issued by 

National Transmission and Despatch Company
622-WAPDA House, Shahrah-e- Quaid-e- Azam
Postal Code: 54000
Lahore, Pakistan
Attn. : Chief Engineer (Material Procurement & Management)
Tel. : +92-42-99202597
Fax : + 92-42-99202173
E-mail : cempm@ntdc.com.pk 

Bid No.  ADB-300A-2018 
For  Design, Supply, Installation, Testing and Commissioning of 500/220/132kV Lahore North Substation
and Extension Works at 500/220/132kV Gakkhar Substation. 
Tender cost  Non-refundable fee of PKR 5,000.00 or US$ equivalent by cashier’s cheque, pay order or demand bank
draft in favor of Chief Engineer (Material Procurement & Management), NTDC, 622-WAPDA House, Lahore,
Pakistan. The document may be collected in person or may be sent by express airmail for an additional fee
of PKR 3,000.00 for domestic delivery or US$ 100.00 for overseas delivery. No liability will be accepted for
loss in transit or late delivery. 
Bid deadline  08.03.2019 
Source  UN Development Business Website 
Bahrain Bahrain
(EEPC Ref. No. MEED-2468)
Tender No.               BAC/260/2018               
Tender for  Airport equipment 
Tender details  Provision of hand tools and workshop equipment at Bahrain International Airport. The equipment is for an
infrastructure and building maintenance department and will be used to carry out maintenance of cooling
and ventilation systems, high and low-voltage electrical systems, electronic systems, electromechanical
systems and civil services such as carpentry works. 
Bid bond  BD 1,000 
Cost of tender documents  BD 50 
Closing date  23.01.2019 
Issued by 

Bahrain Airport Company
P. O. Box 24924
Manama, Bahrain
Tel. : (973) 17353333
Fax : (973) 17331410
E-mail : info@bac.bh
Website : www.bac.bh 

Jordan Jordan
(EEPC Ref. No. MEED-2469)
Tender No.               9/2018                  
Tender for  Batteries 
Tender details  Supply of dual, 50-VDC chargers and nickel cadmium batteries. 
Bid bond  JD 7,500 
Cost of tender documents  JD 50 
Closing date  29.01.2019 
Issued by 

National Electric Power Company (Nepco)
P. O. Box 2310
Amman 11181, Jordan
Tel. : (9626) 5858615
Fax : (9626) 5818336
E-mail : info@nepco.com.jo
Website : www.nepco.com.jo 

Kuwait Kuwait
(EEPC Ref. No. MEED-2470)
Tender No.             RFQ/1024302              
Tender for  Gas compressor parts 
Tender details  Supply of spare parts for Mitsubishi recycled gas compressors. 
Bid bond  KD 1,000 
Closing date  24.01.2019 
Issued by 

Kuwait National Petroleum Company
Mina Abdulla Refinery
P. O. Box 70
Ahmadi 13001, Kuwait
Tel. : (965) 23887794/23887792/23207793
E-mail : cwphelp@knpc.com.kw
Website : http://esourcing.knpc.com 

Kuwait Kuwait
(EEPC Ref. No. MEED-2471)
Tender No.               RFQ/2056168                
Tender for  Pneumatic compression equipment 
Tender details 

Supply of intermittent pneumatic compression equipment and consumables for a four-year period.

Bid bond  KD 15,000 
Cost of tender documents  KD 1,000 
Closing date  01.04.2019 
Issued by 

Kuwait Oil Company
P. O. Box 9758
Ahmadi 61008, Kuwait
Tel. : (965) 23989111
Fax : (965) 23983661
E-mail : kocinfo@kockw.com
Website : www.kockw.com 

Kuwait Kuwait
(EEPC Ref. No. MEED-2472)
Tender No.             RFQ/1024204                   
Tender for  Pump parts 
Tender details  Supply of spare parts for Dresser Rand pumps. 
Bid bond  KD 1,000 
Closing date  24.01.2019 
Issued by 

Kuwait National Petroleum Company
Mina Abdulla Refinery
P. O. Box 70
Ahmadi 13001, Kuwait
Tel. : (965) 23887794/23887792/23207793
E-mail : cwphelp@knpc.com.kw
Website : http://esourcing.knpc.com 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2473)
Tender No.               RFX-2051800096               
Tender for  Power cables 
Tender details  Supply of low-voltage power cables. 
Bid bond  5 per cent of tender price 
Cost of tender documents  AED 1,050 
Closing date  17.01.2019 
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;
https://srm.dewa.gov.ae 

Source  MEED.com website 

Domestic Information

PUBLIC NOTICE

Dated 2 January, 2019

Circular No. 87/06/2019 - GST



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 87/06/2019-GST, dated 2nd January, 2019 regarding Central Goods and Services Tax (Amendment) Act, 2018- Clarification regarding section 140(1) of the CGST Act, 2017. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/190104152946.pdf) for information of our Members.
Dated 4 January, 2019

Trade Notice No. 41/2018-19



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Trade Notice No. 41/2018, dated 4th January, 2019 regarding Rationalization of procedures in handling EODC requests under Advance-EPCG Authorizations. The above Trade Notice has already been hosted in our Website (http://www.eepcindia.org/download/190104193123.pdf) for information of our Members.
Dated 3 January, 2019

Public Notice No. 66/2015-20



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued a Public Notice No. 66/2015-20 dated 3rd January, 2019 regarding Rationalization of procedures in handling redemption requests under Advance-EPCG Authorizations. The above Public Notice has already been hosted in our Website (http://www.eepcindia.org/download/190104152024.pdf) for information of our Members.
Dated 3 January, 2019

Notification No. 02/2019-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. 02/2019-Customs (N.T.), dated 3rd January, 2019 regarding Exchange Rates Notification No.2/2019-Custom (NT) dated 3.1.2019. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/190104152155.pdf) for information of our Members.
Dated 2 January, 2019

Circular No. 01/2019-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 01/2019-Customs, dated 2nd January, 2019 regarding IGST Export Refunds–resolution of errors. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/190104152255.pdf) for information of our Members.
Dated 31 December, 2018

Notification No. 74/2018-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. 74/2018-Central Tax, dated 31st December, 2018 regarding Fourteenth amendment to the CGST Rules, 2017. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/190104152355.pdf) for information of our Members.
Dated 31 December, 2018

Notification No. 24/2018-Central Tax (Rate)



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Notification No. 24/2018-Central Tax (Rate), dated 31st December, 2018 regarding Seeks to further amend notification No. 1/2017-Central Tax (Rate) dated 28.06.2017 to change GST rates on goods as per recommendations of the GST Council in its 31st meeting. The above Central Tax Notification has already been hosted in our Website (http://www.eepcindia.org/download/190104152624.pdf) for information of our Members.
Dated 31 December, 2018

Circular No. 79/53/2018 - GST



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 79/53/2018-GST, dated 31st December, 2018 regarding Clarification on refund related issues. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/190104152741.pdf) for information of our Members.
Dated 4 January, 2019

Policy Circular No. 15/2015-20



The Directorate General of Foreign Trade, Ministry of Commerce and Industry, Department of Commerce, Government of India, New Delhi has issued Policy Circular No. 15/2015-20, dated 4th January, 2019 regarding Clarification in respect of “not permitting” the import of the capital goods required for “distribution of electrical energy (power)” under the EPCG Scheme. The above Policy Circular has already been hosted in our Website (http://www.eepcindia.org/download/190104193455.pdf) for information of our Members.
Dated 31 December, 2018

Circular No. 81/55/2018 - GST



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 81/55/2018-GST, dated 31st December, 2018 regarding Clarification regarding GST tax rate for Sprinkler and Drip Irrigation System including laterals. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/190104152852.pdf) for information of our Members.
Dated 31 December, 2018

Circular No. 78/52/2018 - GST



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 78/52/2018-GST, dated 31st December, 2018 regarding Clarification on export of services under GST. The above GST Circular has already been hosted in our Website (http://www.eepcindia.org/download/190107173258.pdf) for information of our Members.

EXPORT FINANCE

Dated 1 January, 2019

RBI/2018-19/100
DBR.No.BP.BC.18/21.04.048/2018-19




The Reserve Bank of India, Mumbai has issued DBR.No.BP.BC.18/21.04.048/2018-19, dated 1st January, 2019 regarding Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances. The above Notification has already been hosted in our Website (http://www.eepcindia.org/download/190104153039.PDF) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (January 5, 2019)

(Exclusive of GST) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace
Round quality (21x25) 34,000
Structural quality (28x30) 34,000
Low carbon (12x16) -
Semi low carbon (18x21) 34,300
5x6 Girder quality (25x30) -
Runners/Risers 34,300
Bones/Clean -
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 34,300
100x100 mm MS 34,300
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 34,300
100x100 Concast-SAIL DSP 34,300
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 33,900
Above 251 mm Bloom (MS) 33,900
(DSP) Bloom 160x250 mm 34,000
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 34,000
150x150 mm MS (SAIL) 34,000
Bloom Cut into pcs. (MS) 34,200
Bloom Cut into pcs. (Medium) 33,900
Bloom Cut into (Patra Pass) 34,000

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 28,800
Untested Rail - 90 lbs. 28,600
Untested Rail - 105 lbs. 28,900
Rej. Wheel (Big) -
Rej. Wheel (Small) 29,300
Cut Tyre (Big) 34,600
Cut Tyre (Small) 29,600
Melting Scrap (F.O.R.)  
Fresh Scrap (Rolling Mill End)  30,300
Old Scrap (Godown) 26,200
Turning 25,600
Tin Tapper 27,200
Sponge Iron 26,600
Pig Iron (F.O.R.)  
Foundry Grade 34,200
Steel Grade 32,900
C.I. Turning 19,600
Degi Scrap 27,600
Deg Casting 37,400
Ingot Moulds (Old) 27,900
Ingot Moulds (New) 38,000
Cut Ingot Moulds 25,500
Open Market Rates of Finished Goods (January 5, 2019)
(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 4330 4310 4320 4340 4310 4310 4500 4660
Zindi Pass (Drawing) - - - 4350 4310 4110 4500 4510

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 4320

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    4460 4510  4510     4510 4510 4540 4580
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 4560
4560
4530
4590
4590
4600
4550
4520
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 4380 4360 4470 4460 4560 4550 - - - - -
5 mm 4320 4320 4460 4560 4550 4560
4560 - - -
6 mm 4400 4400 4460 4460 4550 4560 4560 - - -
8 mm - - 4430 4430 4550 4530 4530 - - -
10 mm - - 4430 4430 4550 4530 4600 4600 - -
12 mm - - 4430 4430 4550 4530 4600 - 4630

-

16 mm - - 4430 4430 4550 4530 4600 - - -
M. S. Flats 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm
3 mm 4500 4500 4500 4540 4650 4550 - -
5 mm 4500 4500 4500 4500 4650 4740 4740 4740
6 mm 4500 4490 4500 4500 4650 4740 4740 4740
8 mm 4380 4500 4600 4700 4710 4710
10 mm - - 4380 4500 4600 4700 4710 4710
12/25 mm - - 4380 4500 4600 4700 4710 4710
18/19 Gauge 4460 4440 4590 4500
4600 4700 4710 4710

[Prices at other stockyards may vary]                                          Source : Steel Town (Weekly), January 5, 2019]

Miscellaneous

The Ministry of Shipping, Government of India has issued Draft Tariff Guidelines, 2019 for BOT Operators in major ports governed by Tariff Guidelines, 2005

To replace the Tariff Guidelines, 2005 for the BOT Operators in the Major Ports, the Draft Tariff Guidelines, 2019 are placed on the Ministry of Shipping website (http://shipmin.gov.in) for inviting comments of all stakeholders. The stakeholders are requested to furnish their comments on the Draft Tariff Guidelines, 2019 by email to ajay.sirohi@nic.in or at the following postal address latest by 14th January, 2019.

Shri Ajay Pal Singh Sirohi
Deputy Director
Ministry of Shipping
Room No.535, Transport Bhawan
Parliament Street
New Delhi 110 001

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
Telefax : 91-22-2651-0038/2655-6955
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 : 91-22-2495 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