FOR INTERNAL CIRCULATIONPUBLISHED BY :INDUSTRIES ASSOCIATION OF UTTRAKHAND (IAU)

TRADE FAIRS

UPCOMING EVENTS

MEETINGS

Mefsec Cairo 2012 from: 01 Dec – 02 Dec 2012 In Egypt

For more details, please contact Association Office

Labour Commissioner Office of Employment & Training, EC Road on 7th Nov,2012 at 4.00 PM

Maritima Paris 2012 from: 01 Dec – 01 Dec 2012 in France

Quality Exhibition at Titan Industries Ltd., Mohabewala Industrial Area, Dehradun from 7th Nov, 2012 at 9 AM to 5 PM

Toronto Women's Expo 2012 from: 01 Dec – 02 Dec 2012 in Canada

Xmas Craft And Gift Fair 2012 From: 01 Dec – 02 Dec 2012 in Australia

SLBC on 20th Nov, 2012 at 11:30 AM at Hotel Pacific, Dehradun

Nautic Paris 2012 from: 01 Dec – 01 Dec 2012 in France

Entrepreneurship Development Programme at DIT, Dehradun at 10 AM on 8th November 2012

Westdeutsche Mineralientage 2012 from: 01 Dec – 02 Dec 2012 in Germany

Workshop on Microbiology at Dolphin Institute, Dehradun at 3 PM on 8th November 2012

District Advisory Committee Meeting at Teg Bahadur Road, Dehradun at 11 AM on 24th November 2012

Benefitting the farmers •At least 50%of total foreign investment will be in villages.•Transform rural India through improved agro processing and cold chain.•Farm produce will reach store directly thereby reducing wastage.•Farmers will get their due in the form of higher prices. Creating more jobs •Over 1 crore new jobs will be created.•FDI-backed retailers will source 30% of all their products from small scale sector.•New manufacturing opportunities will open for the nation’s micro, small and medium enterprises.•The nation’s youth will benefit from numerous employment opportunities in this sector.

Distinct Indian Imprint •Foreign investors allowed only up to 51% ownership, as opposed to other countries that allow 100%•Retail stores can be established in cities across the country, with a minimum population of 10 lakhs.•Smaller states have the right to make their decision.•50% foreign investment in villages for infrastructure creation. Benefitting the Consumers Farm produce will reach stores directly resulting in good quality and lower prices.

FOREIGN DIRECT INVESTMENT IN RETAIL

• The constitution of India confers equal right on all states• Agrarian and fruit and vegetables producing states have demanded implementation.• Decision to implement and benefit from the policy is left to the states.

Source:Ministry of Commerce and IndustryGovernment of India

Myth RealityKiranas and retailers will lose

Retailers will benefit from existing policy of sourcing their requirements from wholesale cash & carry stores at a discount. In countries such as China, Thailand, Indonesia, Brazil, Singapore, Argentina & Chile where there are no caps for FDI and where there no conditions, small retail stores have flourished, leading to more employment.

The retail sector will be controlled by foreign stores

The FDI- backed stores can only operate in cities and every state has the freedom to allow or disallow FDI-backed retail investment

FDI in multi brand retail may result in job losses

Contrary to this mistaken belief, FDI in multi brand retail will generate new employment opportunities, resulting in 1 crore new jobs.

Farmers will be exploited and will lose their fields and crops to foreign investors

On the contrary, farmers will receive better remuneration for their produce & will benefits from additional job opportunities resulting in overall improvement in their quality of life.

The real story behind FDI myths

CLICK HERE TO VIEW MORE ON FDI

Press Note No. 1 (2012 Series) - FDI in Single Brand Retail Trading

Press Note No. 2 (2012 Series) - Investment By a Banking Company incorporated in India

Press Note No. 3 (2011 Series) - FDI in Pharmaceutical Sector

Press Note No. 3 (2012 Series) - FDI permitting investments from Pakistan

Press Note No. 4 (2012 Series) - FDI in Single-Brand Retail Trading

Press Note No. 5 (2012 Series) - FDI in Multi-Brand Retail Trading

Press Note No. 6 (2012 Series) - FDI in Civil Aviation Sector

Press Note No. 7 (2012 Series) - FDI in Broadcasting Sector

Press Note No. 8 (2012 Series) - FDI in Power Exchanges

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FOR ENGINEERING INDUSTRIES

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OFFICE OF THE COMMISSIONER, CUSTOMS & CENTRAL EXCISE, COMMISSIONERATE :: MEERUT-1

Trade Notice No. 03/S.Tax/2012 Date : /10/2012

Subject:- Filing of ST-3 only for the period 1st to 30th June 2012-reg.

On the above subject attention of the trade is invited towards the Oredr No. 03/2012, Dated 15.10.2012 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, New Delhi vie F.No. 137/99/2011- Service tax, where in it has been informed that in exercise of the powers conferred by sub-rule(4) f rule 7 of the Service Tax rules, 1994, the Central Board of Excise & Customs ectends the date of submission of the return for the period 1st April 2012 to 30th June 2012, from 25th October, 2012 to 25th November, 2012.

2. The Circumstances of a special nature which have given rise to this extension of time are as follows:

a) ACES will start releasing the return in Form ST3 in a quarterly format, shortly before the due date of 25th October, 2012.

b) This will result in all the assesses attempting to file their returns in a short time period, which may result in problems in the computer network and delay and inconvenience to the assesses.

3. A copy of the Order No. 03/2012, Dated 15.10.2012 issued by the Government of India , Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, New Delhi vide F.No. 137/99/2011-Service tax is enclosed.

4. Accordingly, all members of the Trade Associations / Chambers of Commerce / Regional Advisory Committee (SSI Sector, Organized and Service Tax Sectors) and field formations are requested to bring the contents of this Trade Notice to the knowledge of their constituent members and all other concerned and give wide publicity in the trade.

Enclosures : as above (V.K Saxena)

CommissionerCentral Excise, Meerut-I

Service

Tax

Government of IndiaMinistry of Finance

Department of RevenueCentral Board of Excise & Customs

New Delhi

ORDER NO

3/2012, Dated : October 15, 2012

In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends the date of submission of the return for the period 1st April 2012 to 30th June 2012, from 25th October, 2012 to 25th November, 2012.

The circumstances of a special nature which have given rise to this extension of time are as follows:

a) ACES will start releasing the return in From ST3 in a quarterly format, shortly before the due date of 25th October, 2012.

b) This will result in all the assesses attempting to file their returns in a short time period, which may result in problems in the computer network and delay and inconvenience to the assesses.

F.No. 137 / 99 / 2011-Service Tax(S.M. Tata)

Commissioner Service TaxCentral Board of Excise and Customs

Service

Tax

UP COMING TENDERS

An initiative under Marketing Intelligence Cell

For More Details please contact Association Office

Sl. No.

Organization Name Tender Title Product

Category Location Last date for Submission

1 Rashtriya Chemicals And Fertilizers Limited

Supply of Coupling and spares

Mechanical Equipment

Mumbai 12-November-2012Up To : 5:00 PM

2 Central Coalfields Limited (CCL)

Corrigendum Machineries/ Mechanical Equipment

CCL Command Area

15-November-2012 Up To : 3:00 PM

3 Rourkela Steel Plant, SAIL

Requirement of Chain Mounted Payloader

Machineries/ Mechanical Equipment

Rourkela 23-November-2012 Up To : 2:30 PM

4 ALL INDIA INSTITUTE OF MEDICAL SCIENCES

Digital Mobile X-ray Unit

New Delhi 12-November-2012upto 12.30 p.m.

5 MINISTRY OF WATER RESOURCES

Tricone Rock Roller Bits

Chennai 12-November-2012Up To : 3:00 PM

6 Ordnance Factory Board

Amendment in bid Submission and Tender Opening Date

Machineries/ Mechanical Equipment

ORDNANCE FACTORY AMBAJHARI NAGPUR-21

31-December-2012 Up To : 5:00 PM

Mohabewala Industrial Area, Dehradun - 248 110 Uttarakhand (India) Tel.: 91+135+2640530, Fax 91+135+2643382; Website:

www.iauonline.in; www.msmesolutions.org

E-mail: iauuttarakhand@gmail.com