engineering export bulletin engineering the future
  • Mr. L P Gupta, Dy. Regional Chairman (ER), EEPC India giving welcome address at the Interactive Session on Input Tax Credit and New GST Returns held on 14th February, 2020 in Kolkata. On his left Mr. Abhishek Jalan, Advocate, Taxease and Mr. N P Agarwal, Advocate, Taxease
  • Mr. Krishanlal Dhingra, Regional Chairman (WR), EEPC India interacting with the Australian Delegates at EEPC India Mumbai Office held on 2nd March, 2020. Ms. Varsha Baria, Executive Officer, EEPC India, Mumbai is also present to the right side of Mr. Dhingra
  • Mr. Partha Santra, Superintendent, CGST & Cx, Kolkata addressing the audience at the Interactive Session on Input Tax Credit and New GST Returns held on 14th February, 2020 in Kolkata
  • Mr. Abhishek Jalan, Advocate, Taxease addressing the audience at the Interactive Session on Input Tax Credit and New GST Returns held on 14th February, 2020 in Kolkata
  • Mr. Ankan Bose, Superintendent, CGST & Cx, Kolkata addressing the audience at the Interactive Session on Input Tax Credit and New GST Returns held on 14th February, 2020 in Kolkata

ENGINEERING EXPORT INFO-BULLETIN | VOL. 22 | ISSUE NO. 12 | JULY 6, 2020

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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

  • Public Notice No. 11/2015-2020 - Extension of validity of Recognition of Pre-shipment Inspection Agencies (PSIAs).
  • Trade Notice No. 15/2020-2021 - Issuance of Preferential Certificate of Origin for India’s exports to Vietnam under ASEAN-India FTA.
  • Trade Notice No. 16/2020-21 - Launch of new DGFT platform and Digital delivery of IEC related services –reg.
  • Notification No. 54/2020-Customs (N.T.) - Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg.
  • Notification No. 55/2020 - Customs (N.T.) - Exchange Rates Notification No.55/2020-Custom (NT) dated 02.07.2020.
  • Notification No. 16/2020-Customs (ADD) - Seeks to impose Anti-Dumping Duty on import of Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc originating in, or exported from China PR, Vietnam and Korea RP.
  • Circular No. 29/2020-Customs - Procedure for Transhipment of Export Cargo from Bangladesh to third countries through Land Customs Stations (LCSs ) to Port/Airport, in containers or closed bodied trucks - reg.
  • Circular No. 30/2020-Customs - Paperless Customs – Electronic Communication of PDF Based Copies of Shipping Bill & e-Gatepass to Custom Brokers/Exporters - reg.
  • Circular No. 31/2020-Customs - Extension of validity of AEO certification for ease of renewal process (Modification in Circular No. 27/2020 dated 02.06.2020) [Circular No. 31/2020 - Customs dated 30.06.2020].
  • Circular No. 32/2020-Customs - Turant Customs – Turant Suvidha Kendra and Other Initiatives for Contactless Customs – reg.
  • FIDD.MSME & NFS.BC.No.3/06.02.31/2020-21 - Credit flow to Micro, Small and Medium Enterprises Sector.
chairman

My dear fellow exporters,

India’s engineering exports have declined sharply in the first two months of 2020-21 on account of the COVID 19 pandemic. In April 2020, India’s engineering exports came down by almost 64 percent when compared to the same period last year. While the rate of decline came down in May 2020, it still remained significant at 24 percent. However this is in line with the global trade trend which is also exhibiting a dismal performance this fiscal. COVID-19 has imparted important lessons for all countries including India, the biggest one being- to cut down overdependence on any one source of input. Over dependence on China has led to havoc disruption in India’s manufacturing activities, like many other countries. So India must venture out to look for other sourcing partners beyond China-to reduce the supply chain risks associated in near future. Simultaneously India needs to develop its own domestic sourcing partners in order to become self-reliant.  For this to happen both the government and the industry have to come forward and develop India’s own engineering clusters such that a significant part of the sourcing can be done domestically in a cost effective way. 

Indian engineering exporters must also contemplate improving the quality of their products and move up the value chain by investing in technology and R&D. This enhancement will make India as one of the preferred destinations of investment across the globe. The countries who are wanting to replace China might then find India to be a potential sourcing partner.

 

Mahesh K. Desai 

Amidst India’s faltering merchandise export growth and prolonged contraction in export credit growth, exporters have at least seen some silver lining as both the domestic government and the monetary regulatory authority RBI have been in consultation to ease priority sector lending norms for exports in order to ensure higher flow of credit towards export sector, according to news source. The Commerce and Industry minister has very recently held a meeting with senior public-sector bankers to push for easier and higher flow of credit disbursalfor exporters at cheaper rates. The government is expected to announce a slew of measures to boost export growth very soon while the RBI is also likely to change credit norms in favour of the exporters.

 

The measures to reinvigorate export credit has been the demand of the exporters as many MSME exporters have already been forced to go out of business due to excessive financial crunch and many are facing the same threat. To ensure availability of hassle-free credit to small exporters is a priority for the commerce minister.According to the latest RBI data, export credit of scheduled banks shrank as much as 36.1% year-on-year as of June 21, even on a low base of 42.7% contraction a year earlier.

 

The interest subvention provided to the exporters to the extent of three to five percent on bank credit has to make way for suitable alternative as WTO has raised objection to this kind of schemes on the ground of non-compliance. An alternative mechanism to facilitate export credit is desperately required. EEPC India has already suggested refund of embedded taxes for the exporters.

 

EEPC India, as a premiere trade and investment promotion body under the Ministry of Commerce and Industry, wholeheartedly thank the government for its initiative to revive exports from India.

Overseas Information

OVERSEAS MARKET INFORMATION

Egypt
(Source : Embassy of India, Cairo)

Potential products of Imports from India –

Automobile and auto components (8708) - Egypt is strategically located close to many developing countries with open markets for car imports. The Egyptian automotive Market Volume in 2018 reached 19,804 vehicles (15088 are passenger cars, 1586 buses and 3130 trucks) compared to 14,673 vehicles in 2017 (with increase of 35.6 %).

All auto majors like GM, Toyota, BMW, and Hyundai have presence in Egypt. Our exports of automobiles during 2018-19 were USD 136.2 million and auto components were USD 77.5 million in the same period (Total 213.4 Million USD).

Following the implementation of zero tariffs for automobile imports from EU to Egypt early this year, as per provisions of Egyptian – European Partnership Agreement, there were some concerns among local auto component manufacturers on likely adverse impact on them. However, the Egyptian Government has recently come up with customs incentive scheme to protect local manufacturing while at the same time keeping the doors open for imports.

Bajaj has a partnership with Ghabbour of Egypt for CKD assembly of two and three wheelers for Egyptian markets. TVS and Mahindra also have presence in the market.

Project exports in railways, construction, renewable energy, infrastructure etc.(Railway Items: 86) (Electrical Machinery (85) - Egypt has announced various mega projects which have created opportunities for the project exports by the Indian companies. Some of the major projects are: Suez Canal Economic Zone, High Speed Trains and new Metro lines, Housing units’ project, 1.5 million feddan (acre) land reclamation project, Renewable Energy projects and new Administrative Capital.

France
(Source : Embassy of India, Paris)

Significant trends in Trade & Investment (Sources: French customs statistics and Business France statistics)

Trade in goods - Trade – In JANUARY 2020, India France bilateral trade stood at € 768.14 million. India’s exports to France stood at € 518.49 million. Main exports to France included Aviation turbine fuel (ATF), Light diesel oil (LDO), T-shirts, precious jewellery, diamonds, pharmaceutical products, turbo-jets, articles of apparel, clothing accessories, handbags and other articles of leather or of composition leather, telephones for cellular networks "mobile telephones" or for other wireless networks, parts of turbojets or turbopropellers

Meanwhile, French exports to India stood at € 249.65 million. Main exports to India included turbo-jets and turbo propellers and gas turbines; other confidential organic chemicals; parts of turbo-jets and turbo propellers, other confidential products under chapter 85; Medicaments containing insulin but not antibiotics, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale; Hand pumps for liquids (excl. those of subheading 841311 and 841319).

Investment - Investment – According to the ‘Business France Annual Report 2018’, 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. Seventeen investments from India were recorded in 2018, Indian projects often involved decision-making centres (59% of projects; 53% of jobs) and production/manufacturing operations (18% of projects; 34% of jobs). Investments were mainly made in the software and IT services sector (24% of projects; 30% of jobs), and the machinery and mechanical equipment sector (12% of projects; 21% of jobs).

DCM Mr. Ankan Banerjee, FS (ITOU/E&C) Mr. Premanand Jothy & Mr. Kalyan Chakravarthy Madala, Counsellor (Atomic Energy), Embassy of India, along with a 5-member Indian delegation (1. Mr. Atanu Chakraborty, Secretary (DEA), Ministry of Finance, Government of India; 2. Mr. S.K. Sharma, Chairman and Managing Director, NPCIL; 3. Mr. Sorabh Babu, Director (Power), Department of Atomic Energy, Mumbai; 4. Mr. Nitin Chaudhary, General Manager(Finance), NPCIL; 5. Mr. Hanish Chhabra, Deputy Secretary (DEA) Ministry of Finance, Government of India) participated in the 4th Meeting of the Indo-French Committee for Negotiation and Finalisation of Export Credit Financing for Jaitapur Nuclear Power Plant (JNPP) on 24-25 February 2020 at the French Ministry for Economy & Finance in Paris 12.

Mr. Upendra Tripathy, Director General, International Solar Alliance (ISA) visited Paris from 25 - 27 February 2020 for the ISA STAR-C Workshop [International Solar Alliance (ISA) & the United Nations Industrial Development Organization (UNIDO) - an invitational consultation workshop to refine the strategy for developing the STAR-C network].

Thailand
(Source : Embassy of India, Bangkok)

Webinar on ‘e-Diplomacy Dialogue’ on 23 June, 2020

IMC Chamber of Commerce & Industry organized a webinar on ‘e-Diplomacy Dialogue’ on 23 June 2020 on new Challenges and opportunities for India`s trade with Thailand and the role of diplomacy in transforming the relationship and facilitating bilateral trade in the changing dynamics in the times of COVID-19.  Ambassador on her remark spoke about the Thai economy and opportunities existing in Thailand for Indian companies to promote business ties including enhancing trade and investment.

Meeting with representatives of major Indian IT Companies in Thailand

Deputy Chief of Mission convened a meeting on 29 June, 2020 with the representative of major Indian IT companies in Thailand to discuss about the opportunities available and to promote Indian IT Sector for exports/services in post COVID-19 scenario in Thailand.

India closes country to prevent COVID
Manager Daily 360 12.03.2020

India said on 12th March 2020 it will suspend all tourist visas to the country in a wide-reaching attempt to prevent the spread of coronavirus, as cases across the region continued to rise. U.N./international organizations, employment, project visas, stand suspended till 15th April 2020,” India’s Health Ministry said in a statement.

PTTEP wins Platinum Winner award
Krungthep Turakij 13.03.2020

PTT Exploration and Production Public Company Limited (PTTEP) represented by Mr. Siriphong Fuenglikhit, Vice President for Social Responsibility Department, recently received the Global CSR award at Platinum Winner, honoring the H.T.M.S. Underwater Learning Center Project. The award was presented by Hon’ble Justice Swatanter Kumar, Former Chairperson of National Green Tribunal, at the Energy and Environment Foundation Global CSR Awards 2020 recently held in New Delhi, India.

Covid 19 impacts Thai economy
Khao Sod 08.03.2020

In the past 2-3 weeks, COVID-19 outbreak has increasingly affected the economy. Private sector reduced GDP growth expectation as the export and tourism industries are directly impacted by the outbreak. Kasikorn Research Institute expected that Thailand will see only 0.5% GDP growth, reduced from the expected 2.7% growth. The country is expected to lose THB 410 Billion from the 8.3 million lower number of tourists amounted to a 2.4% of GDP. The retail industry is expected to see no less than THB 100 Billion damage as people don’t want to leave home. Commercial banks will see lower revenues due to the measures issued to help customers. The Tripartite Private Committee expected that the GDP growth of Thailand will be at 1.5-2%. The Thai National Shippers’ Council expected that Thailand’s export in 2020 will grow by 0-1%. The Vice Chairman of the Employers’ Confederation of Thailand revealed that employers are finding measures to reduce cost. Employers may slowdown the recruitment which will affect the 500,000 new graduates.

Gamble on national economy in Covid 19 outbreak situation
Daily News 09.03.2020

The economic cabinet has come up with the emergency measures to support Thai people during the recent COVID-19 outbreak in the country, including the measure to reduce Social Security’s contribution from THB750 per month or 5 percent of the salary to only 0.1 percent of the salary. The measure is expected to be available for 3 months.

THAIFEX may postpone
Prachachart Turakij  09.03.2020

The Director-General of the Department of International Trade Promotion revealed that the department will host a meeting on March 9 to decide the postponement of THAIFEX 2020. The department has developed measures for event postponement due to COVID-19 including 1) constant updates, 2) technology implementation for online marketing promotion, 3) hosting a teleconference with leaders, and 4) use Facebook Live to host workshops for exporters.

PM stops providing THB 2000
Kom Chad Luek 10.03.2020

On March 9, the Prime Minister Gen. Prayut Chan-o-cha revealed that the government suspended the THB 2,000 free money policy to help the public cope with COVID-19. Mr. Satit Pitutacha, Deputy Minister of Public Health, revealed that the government has adjusted the mask allocation to provide masks to medical personnel first. The Department of Internal Trade has increased the mask allocation for the Public Health Ministry from 300,000 to 700,000 pieces per day. MR Jatumongkol Sonakul, Labour Minister, presided over the unemployment center to monitor employments from COVID-19 crisis.

Measures to support farmers
Thai Rath 11.03.2020

The secretary-general of the Office of Agricultural Economics reveals that the office prepares 3 measures to support farmers who are being affected by COVID-19 outbreak, including the measure to promote domestic fruit consumption with the coordination from HomePro, IT Square, Tesco Lotus, Big C, and others. They will provide their department stores to sell 3,000 tons of fruit at fair prices.

Help Thai labors returning back from covid risk countries
Krungthep Turakij 11.03.2020

The Ministry of Labour established a countermeasure for the Covid-19 virus for every worker who recently returns from high-risk countries to quarantine themselves for 14 days. The National Security Health Office (NHSO), along with the Social Security Office (SSO), and the Comptroller General`s Department, is considering increasing compensation for medical expenses for insured patients who got infected with the Covid-19 virus.

Lower investor confidence index
Siam Rath 11.03.2020

The Chairman of the Federation of Thai Capital Market Organizations (FETCO) revealed that investor confidence index in March 2020. The 3-month investor confidence index reduced by 11.48% to 64.40 points due to concerns about the tourism crisis. Investors mostly interested in food and drink investment followed by energy, public utility, real estate funds, etc. Investors are hoping that the government’s measures will help improve the economy. The global factors that need to be monitored are COVID-19 outbreak, financial policies from central banks, etc.

TENDER INFORMATION

Bangladesh Bangladesh
(EEPC Ref. No. DB-2422)
Project             

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

DB Ref. No.  WB-P532606-06/20 
Issued by

Abdul Latif Helaly, Project Director
Urban Resilience Project: RAJUK Part
RAJUK Commercial Complex cum Car Parking Building
Gulshan-1, Dhaka 1212, Bangladesh
Cell : +88-01730013947
Email : helalyrajuk@yahoo.com;
pd.urp@uru.gov.bd 

Bid No.  URP/RAJUK/G-23 
For  Procurement of Equipment : Cutter Crane with 10 inch RCC Slab Cutting Capacity & 3.65 Ton Lifting Capacity. 
Tender cost  Non-refundable fee of BDT 4,200.00 (Four Thousand Two Hundred Bangladesh Taka) or US$ 50.00 (Fifty US Dollar).
The method of payment will be cash or pay order in favor of “Project Director, Urban Resilience Project: RAJUK Part”. 
Bid Security  BDT 0.6 Million (Zero point Six Million Bangladesh Taka) or US$ 7,000 (Seven Thousand US Dollar). 
Bid deadline  06.08.2020 
Ethiopia Ethiopia
(EEPC Ref. No. DB-2423)
Project               

Second Ethiopia Urban Water Supply and Sanitation Project
Loan No. : IDA-60070
Project ID No. : P156433                

DB Ref. No.  WB-P529903-06/20 
Issued by

The Addis Ababa Water and Sewerage Authority,
Water and Sanitation Infrastructure Development Division (AAWSA-WSIDD)
LidetaKifleKetemaWereda 04 around Lideta  Condominium
on the Left Side  of LidetaMenafesha
Floor/ Room number : 1st Floor
P.O. Box : 1505
Addis Ababa, Ethiopia
Attn. : Ms. MestawotAbebe, Head of Procurement Department
Tel. : +251 116673920
Fax : +251 116623924
E-mail : kiyake21@gmail.com;
aawsaadamu@gmail.com 

Bid No.  ET-AAWSA-155838-GO-RFB 
For  Procurement of Machines (2 excavators, 2 damp trucks and 1 low bed truck) for WWTPs management. 
Tender cost  Non-refundable fee of ETB 500.00 (Five Hundred Ethiopian Birr). The method of payment will be direct deposit
at Commercial Bank of Ethiopia, Megenagna Branch, Account No : 1000024625153, or direct cash payment to
counter cashier at the Water and Sanitation Infrastructure Division office.  Bids must be delivered to the address
above on or before 7 August 2020, 2:00 PM. 
Bid deadline  07.08.2020 
Moldova Moldova
(EEPC Ref. No. DB-2424)
Project           

Power System Development Project
Loan No. : IDA-63800
Project ID No. : P160829             

DB Ref. No.  WB-P535649-06/20 
Issued by 

Moldova Energy Projects Implementation Unit
Power System Development Project
1, Alecu Russo Street, Block A1
Floor/ Office number: 16th Floor, Office 163
ZIP/Postal Code: MD-2068
Chisinau, Republic of Moldova
Attn. : Mrs. Aurelia Samson, Director
Tel./Fax : (+373 22) 49 67 90
E-mail : mepiu@mepiu.md
Website : www.mepiu.md 

Bid No.  A1 
For  Design, manufacture, test, supply, delivery, construction, erection, commissioning of a new 400 kV single circuit
overhead transmission line (OHTL), three bundle 3 x ACSR 300/69 mm², insulator strings, one conventional earth
wire (ACS 95 mm²) plus one OPGW (36 fibers), steel latticed towers, reinforced concrete foundations between
Vulcanesti Substation and Chisinau Substation, on the territory of the Republic of Moldova. The length of the OHTL
is approximately 158 km. 
Tender cost 

Non-refundable fee of Moldovan Lei 2 500.00 (two thousand five hundred MDL, 00 bani), in the case of collection
from the MEPIU office at the address stated above, or EUR 270.00 (two hundred seventy Euro, 00 eurocents), in
the case of courier delivery, net of charges. The method of payment in both cases, will be by bank transfer to one
of the accounts listed below :

For Moldovan Lei:
Beneficiary: MF- TR Chisinau - bugetul de stat UCIPE
Fiscal Code: 13747014
Beneficiary Bank: MinisterulFinantelor – Trezoreria de stat
IBAN: MD82TRPHAA145150I15302AF
SWIFT Code: TREZMD2X

For Euro:
Beneficiary: MF – TT Chisinau – bugetul de stat UCIPE
Beneficiary Bank: National Bank of Moldova, Chisinau, Moldova Republic Of
IBAN: MD47NBPBFR145150I15302AF
SWIFT Code: NBMDMD2X
Intermediary bank: De Nederlandsche Bank N.V., Amsterdam, Netherlands
IBAN: NL90FLOR0600126226
SWIFT Code: FLORNL2A 

Bid Security  EUR 600,000.00 (six hundred thousand Euro, 00 eurocents). 
Bid deadline  03.09.2020 
Sierra Leone Sierra Leone
(EEPC Ref. No. DB-2425)
Project           

Sierra Leone Agribusiness and Rice Value Chain Support Project
Grant No. : 2100155040116
Grant from the African Development Fund (ADF)            

DB Ref. No.  AfDB-P535045-06/20 
Issued by 

The Project Manager
Sierra Leone Agribusiness and Rice Value Chain Support Project (SLARiS)
Ministry of Agriculture and Forestry
1st Floor, West Wing, Youyi Building
Freetown, Sierra Leone
Tel: 232 76979859/76601492/76601493
E-mail : henkuyembeh@yahoo.com 

Bid No.  SLARIS/MAF/ICB/VEH/01/20 
For  Supply of Vehicles and Motorcycles. 
Tender cost  Non-refundable fee of US 100 or SLL 800, 000.00.  Payment shall be made by Cash, Cashier’s Cheque or
by telegraphic transfer into Account No. : 17-01-1774149 BBAN NO. 0020010171774149901, Swift Code :
RCBKSLFR. 
Bid Security  US$ 25,000 or SLL 245, 000,000.00.   
Bid deadline  10.08.2020 
Source  UN Development Business Website 
Bahrain Bahrain
(EEPC Ref. No. MEED-2886)
Tender No.               RFQ/INT/CSD/2020/16 (IN/CSD/AA/2020/097)               
Tender for  Stop valves 
Tender details  Supply of 63-millimetre-diameter, tamper-proof stop valves. 
Bid bond  BD 500 
Cost of tender documents  BD 15 
Closing date  27.07.2020 
Issued by 

Central Stores Directorate
Electricity & Water Authority
P. O. Box 5325
Sitra, Bahrain
Tel. : (973) 17995500
Website : http://www.tenderboard.gov.bh 

Bahrain Bahrain
(EEPC Ref. No. MEED-2887)
Tender No.               RFP/CSD/2020/3 (PT/CSD/OK/2020/095)               
Tender for  Cables 
Tender details  Supply of cables and accessories. 
Bid bond  BD 500 
Cost of tender documents  BD 30 
Closing date  22.07.2020 
Issued by 

Central Stores Directorate
Electricity & Water Authority
P. O. Box 5325
Sitra, Bahrain
Tel. : (973) 17995500
Website : http://www.tenderboard.gov.bh 

Jordan Jordan
(EEPC Ref. No. MEED-2888)
Tender No.              P1-2020-7               
Tender for  Cardiovascular surgery equipment 
Tender details  Supply of cardiovascular surgery equipment. 
Cost of tender documents  JD 60 
Closing date  25.07.2020 
Issued by 

Jordanian Royal Medical Services
P. O. Box 855122
Amman 11855, Jordan
Tel. : (9626) 5347102
E-mail : gdrms@jrms.gov.jo 

United Arab Emirates United Arab Emirates
(EEPC Ref. No. MEED-2889)
Tender No.              RFX-2212000021              
Tender for  Flash point tester and FTIR spectrometer 
Tender details  Supply, installation and commissioning of a flash point tester and FTIR spectrometer for a transformer oil laboratory. 
Bid bond  5 per cent of tender price 
Cost of tender documents  AED 210 
Closing date  22.07.2020 
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 30 June, 2020

Public Notice No. 11/2015-2020



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. 11/2015-2020 dated 30th June, 2020 regarding Extension of validity of Recognition of Pre-shipment Inspection Agencies (PSIAs). The above Public Notice has already been hosted in our Website (http://www.eepcindia.org/download/200701130717.pdf) for information of our Members.
Dated 21 June, 2020

Trade Notice No. 15/2020-2021



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. 15/2020-2021, dated 21st June, 2020 regarding Issuance of Preferential Certificate of Origin for India’s exports to Vietnam under ASEAN-India FTA. The above Trade Notice has already been hosted in our Website (http://www.eepcindia.org/download/200621231107.pdf) for information of our Members.
Dated 25 June, 2020

Trade Notice No. 16/2020-21



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. 16/2020-21, dated 25th June, 2020 regarding Launch of new DGFT platform and Digital delivery of IEC related services. The above Trade Notice has already been hosted in our Website (http://www.eepcindia.org/download/200626103008.pdf) for information of our Members.
Dated 30 June, 2020

Notification No. 54/2020-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. 54/2020-Customs (N.T.), dated 30th June, 2020 regarding Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200701130812.pdf) for information of our Members.
Dated 6 July, 2020

Circular No. 32/2020-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 32/2020-Customs, dated 6th July, 2020 regarding Turant Customs – Turant Suvidha Kendra and Other Initiatives for Contactless Customs. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/200707175902.pdf) for information of our Members.
Dated 2 July, 2020

Notification No. 55/2020-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. 55/2020-Customs (N.T.), dated 2nd July, 2020 regarding Exchange Rates Notification No.55/2020-Custom (NT) dated 02.07.2020. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200703131436.pdf) for information of our Members.
Dated 23 June, 2020

Notification No. 16/2020-Customs (ADD)



Ministry of Finance, Department of Revenue, Government of India, New Delhi has issued a Notification No. 16/2020-Customs (ADD), dated 23rd June, 2020 regarding Seeks to impose Anti-Dumping Duty on import of Flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc originating in, or exported from China PR, Vietnam and Korea RP. The above Customs Notification has already been hosted in our Website (http://www.eepcindia.org/download/200624145240.pdf) for information of our Members.
Dated 22 June, 2020

Circular No. 29/2020-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 29/2020-Customs, dated 22ndJune, 2020 regarding Procedure for Transhipment of Export Cargo from Bangladesh to third countries through Land Customs Stations (LCSs ) to Port/Airport, in containers or closed bodied trucks. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/200624145355.pdf) for information of our Members.
Dated 22 June, 2020

Circular No. 30/2020-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 30/2020-Customs, dated 22ndJune, 2020 regarding Paperless Customs – Electronic Communication of PDF Based Copies of Shipping Bill & e-Gatepass to Custom Brokers/Exporters. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/200624145450.pdf) for information of our Members.
Dated 30 June, 2020

Circular No. 31/2020-Customs



Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, Government of India, New Delhi has issued a Circular No. 31/2020-Customs, dated 30thJune, 2020 regarding Extension of validity of AEO certification for ease of renewal process (Modification in Circular No. 27/2020 dated 02.06.2020) [Circular No. 31/2020 - Customs dated 30.06.2020]. The above Customs Circular has already been hosted in our Website (http://www.eepcindia.org/download/200701130936.pdf) for information of our Members.

EXPORT FINANCE

Dated 2 July, 2020

RBI/2020-2021/10
FIDD.MSME & NFS.BC.No.3/06.02.31/2020-21




The Reserve Bank of India, Mumbai has issued FIDD.MSME & NFS.BC.No.3/06.02.31/2020-21, dated 2nd July, 2020 regarding Credit flow to Micro, Small and Medium Enterprises Sector. The above Notification has already been hosted in our Website (http://www.eepcindia.org/download/200705202212.PDF) for information of our Members.

STEEL PRICES

Steel Market Current Report

Mandi Gobindgarh
Open Market Rates of Rerollables (June 13, 2020)

(Exclusive of GST) (Trade Terms 1% Cash Discount) (Rate Rs. per Tonne)
Ingot
Arc/Ind. Furnace
Round quality (21x25) 31,700
Structural quality (28x30) 31,900
Low carbon (12x16) -
Semi low carbon (18x21) 31,850
5x6 Girder quality (25x30) -
Runners/Risers 32,000
Bones/Clean -
Billets & Squares  
50x50x63x63x65x65 mm MS -
75x75x80x80x90x90 mm MS 31,900
100x100 mm MS2 32,200
125x125 mm MS/ Concast -
100x100 mm Concast-Billets 32,300
100x100 Concast-SAIL DSP 32,300
H.C. Billet SAIL 150x150 mm) -
H.C. Billet-Tisco 75x75 mm) -
Blooms  
Above 251 mm Bloom (HC) 28,900
Above 251 mm Bloom (MS) 28,900
(DSP) Bloom 160x250 mm 28,900
130/135/140 mm (Tisco) MS -
150x150 mm Concast (DSP) 31,900
150x150 mm MS (SAIL) 31,900
Bloom Cut into pcs. (MS) 32,900
Bloom Cut into pcs. (Medium) 32,100
Bloom Cut into (Patra Pass) 32,100

Slabs  
Durgapur Slabs 14"x3" -
Durgapur Slabs -
Bokaro Slab Heavy -
Tata Concast Slab (Heavy) -
Skelp Tisco -
Rails  
Untested Rail - 75 lbs. 25,400
Untested Rail - 90 lbs. 25,400
Untested Rail - 105 lbs. 25,300
Rej. Wheel (Small) 25,300
Cut Tyre (Big) 32,200
Cut Tyre (Small) 26,200
Melting Scrap (F.O.R.)  
Fresh Scrap (Rolling Mill End)  24,500
Old Scrap (Godown) 21,000
Turning 20,100
Tin Tapper 22,400
Mill Scale 17,200
Sponge Iron 20,400
Pig Iron (F.O.R.)  
Foundry Grade 30,000
Steel Grade 22,700
C.I. Turning 15,600
Degi Scrap 23,200
Deg Casting 35,600
Ingot Moulds (Old) 22,200
Ingot Moulds (New) 34,400
Cut Ingot Moulds 21,100
Open Market Rates of Finished Goods (June 20, 2020)
(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 4280 4300 4300 4310 4290 4390 4450 4310
Zindi Pass (Drawing) - - - 4300 4370 4370 4470 4470

                  Above rates of 6 mm rounds are of length up to 14’ Above 18’ = 4340

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    4430 4430  4450     4450 4460 4470 4350
M. S. Squares 4 mm 5 mm 6 mm 8 mm 10 mm 12 mm 16/20 mm 22/25 mm
Mild 4500
4500
4470
4530
4530
4530
4470
4460
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 4320 4280 4330 4400 4400 4470 - - - - -
5 mm 4170 4280 4400 4400 4470 4500
4400 - - -
6 mm 4360 4360 4400 4400 4470 4500 4490 - - -
8 mm - - 4400 4470 4470 4490 4490 - - -
10 mm - - 4400 4470 4470 4490 4550 4490 - -
12 mm - - 4400 4470 4150 4470 4480 - 4570

-

16 mm - - 4400 4470 4480 4470 4550 - - -
M. S. Flats 20 mm 25 mm 32 mm 40 mm 50 mm 65 mm 75 mm 100 mm
3 mm 4270 4260 4270 4300 4400 4360 - -
5 mm 4270 4260 4270 4270 4500 4560 4500 4500
6 mm 4300 4330 4270 4270 4420 4550 4500 4500
8 mm 4150 4270 4370 4510 4480 4500
10 mm - - 4140 4270 4370 4500 4480 4480
12/25 mm - - 4140 4270 4370 4500 4480 4480
18/19 Gauge 4100 4180 4350 4270
4370 4480 4480 4480

[Prices at other stockyards may vary]                                          Source : Steel Town (Weekly), June 13 & 20, 2020]

EEPC INDIA OFFICE BEARERS

CHAIRMAN SR. VICE CHAIRMAN  VICE CHAIRMAN

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

 

 

 

 

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

K. S. Mani 
Tel. : (91 491) 253-5669/9870
E-mail : atlasmachinetools1978@gmail.com

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
Pranab Kumar Singh
Assistant 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