new normalwebinar on “updates in gst—taxes” on the 29th june 2020 06 india’s foreign trade...
TRANSCRIPT
ANDHRA CHAMBER OF COMMERCE
Vol. LXIII
July 2020
INFORMATION BULLETINPROGRESS THROUGH COMMERCE AND INDUSTRY
www.andhrachamber.com
New Normal
1
2
Bulletin Advisory BoArd
Shri Ch. Venkateswara RaoVice-President
Shri R.R. PadmanabhanChairman, Foreign Trade and Skill Development Sub-Committees
Shri V.V. Sampath KumarChairman, Indirect Taxes Sub-Committee
Shri K.n. Suresh BabuChairman, Public Relations Sub-Committee
Shri M.K. AnandChairman Information Technology Computerisation Telecom and MSME, Subcommittees
Shri V.S. Prasanth KumarCo-Chairman MSME Subcommittee
Editor And Publisher
Andhra Chamber of Commerce, Chennai
President Desk 03
Webinar on “Cyber Issues during Covid - 19 Crisis” on the 13th June 2020 04
“E commerce and Digital Marketing, Vizag (Online)” from 15th to 18th June, 2020 04
Webinar on “Economy - Shape of things to come post Covid 19” on the 26th June 2020
05
Webinar on “Updates in GST—TAXES” on the 29th June 2020 06
INDIA’S FOREIGN TRADE 07
Recent Judgements in VAT CST GST by Mr. V.V. Sampath Kumar 11
Free Sale and End use Certificates by Mr. R R Padmanabhan 13
Recent notification on MSME by Mr. G Ramachandran 15
Pillars of Mental Mastery by Mr. S. Prakash 19
Managing Director by Mr. CS.U.Siddharth 21
Consumer Price Index 23
Updation of Membership Details 27
3
Dear Members,
Tamil Nadu continues to be in lock down till July 31st due to this Covid 19 Pandemic. Government has announced certain relaxation in the lock down and hope this will be the final one provided the cases of Corona decreases.
When I am writing this I understand that the cases have decreased in Chennai last week, but increased in certain Districts of Tamil Nadu including Madurai.
According to the International Monetary Fund, India will be the large economy worst hit by the Covid-19 pandemic. The Fund now says that Indian GDP in the ongoing financial year, which began in March 2020, will contract by 4.5%. Just a few weeks ago, it had been predicting 2% growth for the year.
Travel and hospitality — across the board — has taken a huge hit in the face of the Coronavirus pandemic that has thrown the economy out of gear. While no one is travelling just yet, the industry is looking at ways to adapt to changing consumer preferences, safety guidelines and social distancing norms to reboot the sector in a post lockdown world. There are many people who have travelled across the world are stuck due to covid 19 and unable to reach back and vice versa.
Though the Government is trying its level best to bring back the stranded passengers from various countries, there is a fear in the minds of the people to travel at this juncture, risking their lives.
The COVID-19 pandemic has altered the way we look at life. The sense of uncertainty and helplessness has consumed us beyond control. People have lost jobs, friends, and family members. News channels do not report positive stories anymore. Education has become online even for small children.
To overcome this, Stay away from negative narratives on social media. Spend more time with your loved ones than being alone; not letting the pandemic get to you is the first step to ensure a healthy mental state. Limit your news time to an hour per day. Eat right. Sleep enough. Concentrate on spiritual activities. Be grateful for all you have. Stay Positive & Stay Safe.
This too shall pass.Dr. V.L. INDIRA DUTT
President
Pr
esid
ent
des
k
4
Webinar on “Cyber issues during Covid - 19 Crisis” on the 13th June 2020
Andhra Chamber of Commerce hosted a webinar on the latest cyber related issues faced by MSMEs during the Covid 19 on the 13th June 2020 for the benefit of its members.
The webinar is moderated by Mr. Manoj Pillai, Hon. Adviser on Intellectual Property Rights, Immigration Laws And Cyber Laws at Andhra Chamber of Commerces.
The discussion started with a presentation on the Managed Endpoint Detection and Response (Managed EDR) in business with round the clock monitoring and management against cyber attacks. And regarding how it guarantees
protection against virus attack, phishing attack, unauthorized access, and VPN management etc.
Later started a discussion on how these type of services can save heavily on the payroll of an in-house team without compromising on the security of the running project and what are the things organization needs to consider while on boarding a managed security service provider and there by protect an organization from Cyber Attacks.
Finally the webinar concluded with a Q&A session regarding the Techno – Legal Impact on Cyber Security from the attendees.
“e CommerCe and digital marketing, vizag (online)” from 15th to 18th June, 2020
Andhra Chamber of Commerce along with Friedrich Naumann Foundation for Freedom organised the first workshop for this year on Digital Marketing for the members in and around Visakhapatnam.
President of the Chamber Dr V.L.Indira Dutt welcomed the participants. In her welcome address she said that By adopting Digital Marketing & ecommerce, SMEs shall achieve significant advantages such as increased Revenues
and margins, improved market research, access to new markets, cost savings in marketing and communication, customer acquisition and improved customer experience. Mr.Prasanna Kumar, Chairman of Vizag chapter of the Chamber also attended the inauguration and appreciated the efforts of the Chamber in organising this workshop which is the need of the hour.
The workshop was aimed at providing online awareness to business men / women who are
interested in learning and upgrading themselves by understanding the digital world which has completely revolutionised the way how business is done today. Whether the business is big or small without digital intervention nothing happens. With all happening at the click of a button it becomes ever more necessary to be skilled digitally to effectively run today’s businesses.
Post COVID 19, the industries/MSMEs have to get ready for a NEW NORMAL that’s where these practical digital skills are going to play a key role in helping them develop their business further. As India is getting ready to become a
major industrial hub these SMEs are going to play a major role there. These digital skills are going to set a new path in the way they will reach their new customers in India & Abroad.
The workshop covered modules pertaining to SEO, SEM & Social Media and was held from 15th to 18th June 2020 through online.
The programme was attended by 20 participants and the participants did quite well. They shared lots of work implementation screenshots - that showed how deeply they were interested in implementing the learnings from the class.
5
Webinar on “eConomy - shape of things to Come post Covid 19” on the 26th June 2020
Mr.R.R.Padmanabhan, Chairman of Foreign Trade sub Committee welcomed the participants from all over South India.
He gave an introduction about the Andhra Chamber of Commerce to the new participants. This is the only chamber having its presence in three States viz., Tamil Nadu, Telangana and Andhra Pradesh. The Chamber has more than 1500 members and organising programmes regularly during this Covid 19.
In his introduction, he said that regarding the World War we have all heard from our forefathers but now the present situation we are facing is first of its kind and we felt that the dimension of an Economist on the present day economy for the benefit of our members. One side of the view is that let us boycott China but on the other side our major imports from China accounts to 14% on major items like textiles, raw materials, finished goods and electronic goods. So if we say a big no to China then what will be the impact on our Economy.
He also added that this year agriculture has been
really good. We had a record procurement of
Wheat in Punjab and by and large good rainfall all
over the country. Though these are the good side,
we would like to know the economy in the next
three/six months considering the present Covid
19. To get a clear picture about the economy we
would like to hear from Dr Prof.Nilanjan Banik
through this Webinar.
Mr Padmanabhan introduced Dr Banik, who was a
product of Delhi school of Economics and he also
worked in IFMR for a brief period of four years.
Dr Banik in his presentation said that the Covid
19 positive vs deaths are actually low in India
Death rate is 0.6% in Tamil Nadu. There are far
more people are dying in TB, Malaria, Cholera,
Road accidents etc.,
Covid is impacting on Higher and lower income
group of people. For TB we are all vaccinated
now and so are not worried much. Media is also
creating a hype to the present situation.
As far as the business side is concerned since Government is not able to generate income from other sources, they are taxing on Petrol and Diesel and due to the increase in price of this, the prices of fruits and vegetables are up. MSMEs have stopped manufacturing and in fact many of the MSMEs have been closed.
As per the ICMR report atleast around 70% of the people would be affected due to Covid 19 until November, whether symptomatic or asymptomatic.
If you see the economic growth, the stock markets fell very deeply during the second half of March which has now come back to 60% normal. Foreign portfolio buyers have started buying from India. This upward movement is happening now.
Coming to India, even before the Covid 19 the economy was not doing very well. Indian economy is contracted by negative 4.5% for the first time. This is quite worrisome. For the first quarter if you take consumption expenditure have started falling. This is major criteria for GDP. Most of the people are operating with excess capacity and the banks have idle loans and major MSMEs have
been closed. So fall of consumption expenditure will further more.
There are many manufacturing companies from other countries are looking for setting up their facility in India.
China is providing many facilities to the foreign companies which sets up their unit in China.
Our Indian Government should also be much more flexible and much more legal for other companies to set up industries in India.
In Pharmaceutical sector, India has been quite successful with many leading players including Reddy’s laboratories. Thanks to the Government policy that India is the 3rd largest producer of Generic Medicine in the world. Like this the Policies have to be very conducive.
Government should map the local resources and the availability of migrant labourers so that some potential industries can be set up. Employing the labourers in an economical activity would be ideal.
The Webinar ended with Q & A session. Mrs.Vijayalakshmi, Secretary General of the chamber proposed vote of thanks.
Webinar on “updates in gst—taXes”on the 29th June 2020
Andhra Chamber of Commerce, Vijayawada Unit organised a webinar on “Updates in GST—TAXES” on the 29th June 2020. The session was handled by Mr Paruchuri Lakshmna Rao, Hon’
Advisor ACC Vijayawada and moderated by Mr N. Rajarao, Jt.Secretary, Vijayawada. 30 members participated in the webinar.
6
INDIA’S FOREIGN TRADE: June 2020
FOreiGn trAdestAtistiCs
India’s overall exports (Merchandise and Services combined) in April-June2020-21* are estimated to be
USD 101.02 billion, exhibiting a negative growth of (-)25.92 per cent over the same period last year. Overall
imports in April-June 2020-21* are estimated to be USD 89.31 billion, exhibiting a negative growth of
(-)45.10per cent over the same period last year.
*Note: The latest data for services sector released by RBI is for May 2020. The data for June 2020 is an estimation,
which will be revised based on RBI’s subsequent release.
7
I. MERCHANDISE TRADE
EXPORTS (including re-exports)
Exports in June 2020 were USD 21.91 billion,
as compared to USD 25.01 billion in June 2019,
exhibiting a negative growth of (-)12.41 per cent.
In Rupee terms, exports were ` 1,65,898.85 crore
in June 2020, as compared to ` 1,73,682.55 crore in
June2019, registering a negative growth of (-) 4.48
per cent.
Major commodity groups which have recorded
positive growth during June 2020 vis-à-vis June
2019 are Iron Ore (63.11%), Oil seeds (50.48%),
Rice (32.72%), Oil meals (27.36%), Spices
(22.92%), Other cereals (19.35%), Organic &
inorganic chemicals (19.06%), Cereal preparations
& miscellaneous processed items (13.8%), Fruits
& vegetables (11.01%), Drugs & pharmaceuticals
(9.89%), Tobacco (3.56%) and Coffee (2.58%).
Major commodity groups which have recorded
negative growth during June 2020 vis-à-vis June
2019 are Gems & jewellery (-50.06%), Leather &
leather products (-40.47%), RMG of all textiles
(-34.84%), Manmade yarn/fabs./made-ups
etc. (-31.98%), Petroleum products (-31.65%),
Cashew (-27.02%), Meat, dairy & poultry
products (-25.88%), Handicrafts excl. hand-made
carpet (-23.95%), Electronic goods (-22.52%),
Jute mfg. including floor covering (-14.06%),
Ceramic products & glassware (-10.91%), Carpet
(-10.46%), Marine products (-9.74%), Tea (-8.01%),
Engineering goods (-7.5%), Plastic & Linoleum
(-4.4%), Cotton yarn/fabs./made-ups, handloom
products etc. (-3.83%) and Mica, Coal & other ores,
minerals including processed minerals (-1.13%).
Cumulative value of exports for the period
April-June 2020-21 was USD 51.32 billion
(` 3,89,016.27 crore) as against USD 81.08 billion
(` 5,63,984.51crore) during the period April-June
2019-20, registering a negative growth of (-)36.71
per cent in Dollar terms (negative growth of
(-)31.02 per cent in Rupee terms).
Non-petroleum and Non-Gems and Jewellery
exports in June 2020 were USD 18.48 billion,
as compared to USD 19.15 billion in June 2019,
exhibiting a negative growth of (-) 3.51 per cent.
Non-petroleum and Non-Gems and Jewellery
exports in April-June 2020-21 were USD 43.91
billion, as compared to USD 60.10 billion for the
corresponding period in 2019-20, a decrease of (-)
26.94 per cent.
IMPORTS
Imports in June 2020 were USD 21.11 billion
(` 1,59,892.42 crore), which was 47.59 per cent
lower in Dollar terms and 42.85 per cent lower in
Rupee terms over imports of USD 40.29 billion
(` 2,79,771.07crore) in June 2019. Cumulative
value of imports for the period April-June 2020-
21 was USD 60.44 billion (` 4,58,395.18 crore), as
against USD 127.04 billion (` 8,83,652.93 crore)
during the period April-June 2019-20, registering
a negative growth of (-)52.43 per cent in Dollar
terms (negative growth of (-)48.12 per cent in
Rupee terms).
Major commodity groups of import showing
negative growth in June 2020 over the corresponding
month of last year are:
8
CRUDE OIL AND NON-OIL IMPORTS:
Oil imports in June 2020 were USD 4.93 billion
(` 37,341.70 crore), which was 55.29 per cent lower
in Dollar terms (51.24 per cent lower in Rupee
terms), compared to USD 11.03 billion (` 76,586.73
crore) in June 2019. Oil imports in April-June 2020-
21 were USD 13.08 billion (` 99,259.42 crore)
which was 62.47 per cent lower in Dollar terms
(59.05 per cent lower in Rupee terms) compared
to USD 34.85 billion (` 2,42,398.55 crore), over
the same period last year.
In this connection it is mentioned that the global
Brent price ($/bbl) has decreased by 36.92% in
June2020 vis-à-vis June 2019 as per data available
from World Bank.
Non-oil imports in June 2020 were estimated at
USD 16.18 billion (` 1,22,550.72 crore) which was
44.69 per cent lower in Dollar terms (39.68 per cent
lower in Rupee terms), compared to USD 29.26
billion (` 2,03,184.34 crore) in June 2019. Non-oil
imports in April-June 2020-21 were USD 47.36
billion (` 3,59,135.76 crore) which was 48.63 per
cent lower in Dollar terms (43.99 per cent lower
in Rupee terms), compared to USD 92.19 billion
(` 6,41,254.38 crore) in April-June2019-20.
Non-Oil and Non-Gold imports were USD 15.57
billion in June 2020, recording a negative growth
of (-)41.37 per cent, as compared to Non-Oil and
Non-Gold imports of USD 26.57 billion in June
2019. Non-Oil and Non-Gold imports were USD
46.67 billion in April-June 2020-21, recording a
negative growth of (-)42.20 per cent, as compared
to Non-Oil and Non-Gold imports USD 80.75
billion in April-June 2019-20.
II. TRADE IN SERVICES
EXPORTS (Receipts)
As per the latest press release by RBI dated 15 July
2020, exports in May 2020 were USD 16.77 billion
(` 1,26,851.39 crore) registering a negative growth
of (-) 10.24 per cent in dollar terms, vis-à-vis May
2019. The estimated value of services export for
June 2020* is USD 16.48 billion.
IMPORTS (Payments)
As per the latest press release by RBI dated 15 July
2020, imports in May 2020 were USD 9.94 billion
(` 75,190.81 crore) registering a negative growth
of (-)20.45 per cent in dollar terms, vis-à-vis May
2019. The estimated value of service import for
June 2020* is USD 9.64 billion.
III. TRADE BALANCE
MERCHANDISE
The trade surplus for June 2020 was estimated at
USD 0.79 billion as against the deficit of USD
15.28 billion in June 2019.This is the first time in
the last decade that India is a net exporter.
SERVICES
As per RBI’s Press Release dated 15 July 2020, the
trade balance in Services (i.e. Net Services export)
for May 2020 is estimated at USD 6.83 billion.
9
OVERALL TRADE BALANCE
Taking merchandise and services together, overall
trade surplus for April-June 2020-21* is estimated
at USD 11.70 billion as compared to the deficit of
USD 26.32 billion in April-June 2019-20.
* Note: The latest data for services sector released by RBI
is for May 2020. The data for June 2020 is an estimation,
which will be revised based on RBI’s subsequent release.
MERCHANDISE TRADE
EXPORTS & IMPORTS : (US $ Billion)
(PROVISIONAL)
JUNEAPRIL - JUNE
EXPORTS (including re-exports)2019-20 25.01 81.082020-21 21.91 51.32%Growth 2020-21/ 2019-20 -12.41 -36.71IMPORTS 2019-20 40.29 127.042020-21 21.11 60.44%Growth 2020-21/ 2019-20 -47.59 -52.43TRADE BALANCE 2019-20 -15.28 -45.962020-21 0.79 -9.12
EXPORTS & IMPORTS: (Rs. Crore)(PROVISIONAL)
JUNEAPRIL - JUNE
EXPORTS(including re-exports)
2019-20 1,73,682.55 5,63,984.512020-21 1,65,898.85 3,89,016.27%Growth 2020-21/ 2019-20 -4.48 -31.02IMPORTS 2019-20 2,79,771.07 8,83,652.932020-21 1,59,892.42 4,58,395.18%Growth 2020-21/ 2019-20 -42.85 -48.12TRADE BALANCE 2019-20 -1,06,088.52 -3,19,668.422020-21 6,006.43 -69,378.91
SERVICES TRADE
EXPORTS & IMPORTS (SERVICES) : (US $ Billion)
(PROVISIONAL) May 2020April-May 2020-21
EXPORTS (Receipts) 16.77 33.22IMPORTS (Payments) 9.94 19.24TRADE BALANCE 6.83 13.98
EXPORTS & IMPORTS (SERVICES): (Rs. Crore)
(PROVISIONAL) May 2020April-May 2020-21
EXPORTS (Receipts) 126,851.39 252,260.43IMPORTS (Payments) 75,190.81 146,098.38TRADE BALANCE 51,660.58 106,162.05Source: RBI Press Release dated 15th July 2020
*Note: The latest data for services sector released by RBI is for April 2020. The data for May 2020 is an estimation,
which will be revised based on RBI’s subsequent release.
10
11
VAT
Articles from members
GST
reCent Judgements in
VAt Cst GstOpportunity: Writ petition is of the year 2011. The impugned order is liable to be sustained as the petitioner has not clearly explained the transaction and TNVAT Act, authorities have passed a fair order. The Court observed that there are several disputed questions of facts, which were not placed before authorities by the petitioner. Stating so, amongst others, Court a chance and the impugned order is quashed with directions Krishna Timber & Plywood, vs 1.State of Tamil Nadu, 2.The JC (CT), Coimbatore. W.P.No.5470 of 2011 dated: 19.05.2020
Imported Goods: The higher levy of sales tax at 20% mentioned in Entry 14(vi) of Part D of the First Schedule to the TNGST Act, 1959, Entry 8 Part G of the First Schedule and Entry 9 of Eleventh Schedule, on the sales of goods were not ultra vires. Distinguishing the ruling in the case reported in (2002) Vol.127 STC 339) this court held that the imposition of higher rate of sales tax for imported goods would in no way amount to restriction of trade under Part XIII of the Constitution of India. Tai Industries Ltd, Vs. CTO, Saligramam Assessment Circle W.P.No.35865 of 2004 dated 19.05.2020
Copies of Documents: When only certain copies documents were given the impugned proceedings is set aside with directions respondent to furnish copies of documents and pass appropriate orders in accordance with law after hearing the petitioner within a period of three months thereafter through video conferencing, if situations so warrants on account of continuance of Covid19 pandemic. M/s.Dekshinamoorthi & Co.,vs CTO Thiruvarur 2. AC(CT), Avarampalayam Assessment Circle, Coimbatore W.P.No.34822 of 2016 dated 19.05.2020
Refund: The petitioner is a dealer of Motor Vehicles who had claimed a refund of accumulated excess Input Tax Credit in terms of Sections 19(17) & 19(18) of the TNVAT Act, 2006 read with Rule 10(10)(a) & (b) and Rule 11 of the TNVAT Rules, 2007 which was not granted stating the dealer is continuing in business and can adjust it for dues. The Court stated that ruling in Unichem Laboratories Ltd. case (2002) 7 SCC 145 is squarely applies to the facts of this matter quashed the impugned order passed with consequential direction to refund the amount lying unutilised after adjustment at the beginning of each financial year. M.R.Motor Company,
Shri V.V. Sampathkumar Chairman, Indirect Taxes Sub-Committee, ACC
CST
12
Salem. vs. AC (CT), (FAC), Salem Town (South) Circle. W.P.No.31044 of 2013 dated 19.05.2020
Goods Detention: The Check post officer detained the goods at the Check Post and demanded for payment of VAT and compounding fee for release of the goods. The goods in question were directly dispatched by the manufacturer to the Petitioner’s site for being installed along with other wind energy equipment at a later point time. The Court stated that there was an error in assumption of jurisdiction by the Check Post officer on the ground that the goods had not suffered tax but the manufacturer had indeed charged tax in the invoice raised on the petitioner and modified the compounding fee to ` 2000/- Vestas Wind Technology India Private Limited vs CTO, Enforcement, Roving Squad, Chengalpet, W.P.Nos.28470 of 2013 Dated 19.05.2020
Transit sales: The Apex Court In A & G Projects and Technologies Ltd v. State of Karnataka [2009] 2 SCC 326 held that once the first transaction in the interstate sale has suffered CST, subsequent sales effected by transfer of documents during transit is exempt provided conditions prescribed u/s 6(2) are satisfied. If the prescribed conditions are not satisfied, then notwithstanding the fact that the sale is a subsequent sale, the exemption would not be admissible to such subsequent sales. Thus, the argument of the petitioner that there was an E-1 transaction cannot be countenanced in the facts of the present case. Vega Cotton, Karaikal. vs. 1.The Check Post Officer, DCTO, Hosur 2.DCTO (CT), Karaikal Assessment Circle, W.P.Nos.22802 to 22804 of 2013 Dt 19.05.2020
Purchase Tax: If Petitioner had purchased turmeric from dealers who were otherwise liable to tax in in terms of Section 3(2) of the TNVAT Act, 2006 but were exempted from payment of tax u/s 15 of the TNVAT Act, 2006, as turnover is below ` 300 Cr, the levy u/s 12 of the TNVAT Act, 2006
is not attracted if the petitioners’ turnover was also below ` 300 Crores during the year Sunrise Foods Private Limited vs AC (CT) (FAC) Park Road Assessment Circle, Erode. W.P.No.21982 of 2016 Dd 19.05.2020
Input Tax Credit: Input tax credit (ITC) cannot be denied to a purchasing dealer if the VAT registration of the supplier dealer who supplied the goods is cancelled retrospectively after the sale was affected to such a purchasing dealer vide ruling in Rayan Tile Bazaar Vs. The Assistant Commissioner (CT), made in W.P.No.1569 of 2018 dated 25.01.2018. Since the petitioner can establish the facts about the genuinty of purchase and goods movements, the Court gave one final chance to the petitioner and remit the case back to the respondent to pass fresh orders preferably within a period of 3 months from date of receipt of this order. M/s.Bharat Steels vs CTO, Broadway Assessment Circle, W.P.Nos.21085 to 21088 of 2016 Dt : 19.05.2020
Natural Justice: Show cause notice dated 12.12.2019 indicates that the respondent issued the show cause notice on 12.12.2019 and confirmed the said proposal also on the same day, which goes against the very basic principles of natural justice, Sree Saravana Engg Bhavani P Ltd., vs The AC (ST), Bhavani. W.P.No.7763 of 2020 DATED: 27.05.2020
Attachment, Encumbrance: The issue as regards the charge created on the properties, cannot be adjudicated in a writ petition filed under Article 226 of the Constitution of India and the proper remedy for the petitioner is only to approach the competent Civil Court relying upon the undertakings given by his vendor in the sale deeds. The judgment relied upon and reported in (2006) 148 STC 204 (Mad), will not apply to the facts of this present case, R.Kannan vs 1.State of Tamil Nadu, Commercial Taxes and Religious Endowment Department 2.The Assistant Commissioner, Commercial Tax, Krishnagiri. W.P.No.3932 of 2009 Dated: 26.05.2020
Some times, we come across certain items, which appear to be weird but not exactly so. This article is about the existence and use of 2 certificates namely Free Sale certificate and End use Certificate. The Free Sale Certificate refers to the issue of certification by the government authority endorsing the fact the product covered by the certificate is freely sold in India. The administering authority for the issue of these certificates in India is the Director General of Foreign Trade (DGFT)
coming under the Ministry of Commerce and
Industry. DGFT has its offices all over India and they are known as Regional Authorities.
In terms of Para 2.37(a) and 2.37(b) (1) Handbook of Procedures (HBP) of Foreign Trade Policy (FTP) 2015-2020, both the certificates can be issued by following a certain procedure. First let us see the case of Free Sale Certificate. The HBP says:
(a) (i) RAs may issue, on application, Free Sale and Commerce certificate for export of items not covered under Drugs & Cosmetics Act, 1940, which have usage in hospitals, nursing homes and clinics, for medical and surgical purposes and are not prohibited for export. Validity of such certificate shall be two years from date of issue unless otherwise specified.
Therefore, it is clear that above para deals with items not covered under Drugs and Cosmetics Act. Further, there are two more conditions attached to the issuance of certificate namely, the item of export should be in free category meaning that they should be neither be in restricted category requiring Specific licence or Prohibited category which means that the items cannot be exported at all.
Shri. R R Padmanabhan Chairman,Foreign Trade and Skill Development
Sub-Committees of the Chamber, ACC.
Free Sale and End use Certificates
13
Since the certificate is for items not mentioned in the Drugs & Cosmetics Act, we turn our attention to the said Act. The said Act covers inter alia drugs of Ayurveda, Sidda, Unani
and Allopathy and Homeopathy. Schedule 1 covers Indian systems of medicine while Schedule II covers Allopathy and Homeopathy. This gives rise to question as to what are the items that are not covered under the act but used in hospitals and other related establishments for treatment purpose. One immediate reply is Medical devices.
Of course, there are many other items too other than Medical devices. Application as per ANF 2H for medical devices is to be filed for the grant of certificate, whereas application as per ANF 2I is to be filed for items other than Medical devices and for other items not belonging to medical field, the application as per 2J is to be filed.
Now another question arises? What if the item of export is an entry coming under Drugs &
Cosmetics Act that requires Free Sale Certificate? In which case, the application is to be filed to Directorate General of Health Services (DGHS) New Delhi.
End Use Certificate
In terms of para 2.38 of HBP of FTP, End use certificate can be issued by the DGFT on application when foreign Governments require such certificates from the Government of India. The said para 2.38 is reproduced below:
In case of import of any freely importable item in India, if a foreign Government insists on certification of end user of the item, before permitting export of the same from their country, RA may issue such certificates as per Appendix 2Q of Appendices and Aayat Niryat Forms. The certificate shall be issued based on application made under ANF 2J along with documents prescribed therein.
As in the case of Free Sale certificate, the application for the grant of End Use certificate is also to be made to the Regional authority of DGFT.
(The views expressed are solely of the author)
14
15
Recent notification
on MSME
Shri. G Ramachandran Chairman, Company Law Sub-Committee, ACC
WRITE UP ON MSME CONSEQUENT TO NOTIFICATION NO.S.O.2119(E) DATED 26TH JUNE 2020
The Central Government issued Notification No.S.O.2119(E) dated 26.6.2020 notified certain criteria for classifying the enterprises as micro, small and medium enterprises and specifies form and procedure for filing Memorandum (“Udyam Registration”), with effect from 1st July 2020.
CLASSIFICATION OF ENTERPRISES:
An enterprise shall be classified as micro, small and medium enterprise on the basis of following criteria:
Nature of
enterprise
Investment in Plant and
Machinery or equipment
(Amount in Rs.)
Turnover
(Amount in Rs.)
Micro Not exceeding ` 1 crore Not exceeding ` 5 crore
Small Not exceeding ` 10 crore Not exceeding ` 50 crore
Medium Not exceeding ` 50 crore Not exceeding ` 250 crore
The term “AND” is used between the two conditions. Therefore, an enterprise should satisfy both the conditions to qualify to a Micro, Small or Medium enterprise as the case may be. In other words, the conditions are composite in nature.
16
If an enterprise exceeds the ceiling limits (either of the two criteria of investment or turnover) specified for its present category, it shall cease to exist in that category and placed at the next higher category. However, no enterprise will be allowed to be placed under the lower category unless it goes below the ceiling limits specified for its present category in both the criteria of investment and turnover.
In the case of an enterprise having multiple units, all units with Goods and Services Tax Identification Number (GSTIN) listed against the same Permanent Account Number (PAN) shall be collectively treated as a single enterprise. The turnover and investment values of each of the units shall be aggregated to determine the nature of enterprise viz., micro, small and medium.
HOW INVESTMENT IN PLANT & MACHINERY OR EQUIPMENT IS CALCULATED?
Existing Enterprise:
The value of investment in Plant & Machinery or Equipment shall be linked to the Income Tax Return (ITR) of the previous year filed under the Income Tax Act, 1961.
The expression “Plant and Machinery or Equipment” of the enterprise, shall have the same meaning as assigned to the Plant and Machinery in the Income Tax Rules, 1962 and shall include all tangible assets other than land and building and furniture and fittings.
However, cost of certain items specified in Explanation I to sub-section (1) of Section
7 of the Micro, Small and Medium Enterprises Development Act, 2006 shall be excluded from the cost of calculating the value of Investment in plant and machinery.
Explanation to sub-section (1) of Section 7 of the Micro, Small and Medium Enterprises Development Act, 2006 is reproduced below:
Explanation 1.—For the removal of doubts, it is hereby clarified that in calculating the investment in plant and machinery, the cost of pollution control, research and development, industrial safety devices and such other items as may be specified, by notification, shall be excluded.
New Enterprise:
A new enterprise shall be registered based on the self-declaration of the promoter of the enterprise. It will be valid till the Income Tax Return for the first financial year end is filed.
The purchase / invoice value of plant and machinery or equipment (either first or second hand) shall be taken into account excluding the GST, on self-declaration basis, if the enterprise is a new one without any ITR.
HOW TURNOVER IS CALCULATED?
Information as regards turnover and export turnover shall be linked to the Income Tax Act OR Central Goods and Service Tax Act (CGST) and the GSTIN.
However, for the purpose of calculating “Turnover”, export turnover (goods and services or both) shall be excluded for the purpose of determining whether micro, small or medium enterprise.
The turnover related figures such enterprise which do not have PAN will be considered on self-declaration basis for the period up to 31st March 2021. Thereafter PAN and GSTIN is mandatory.
REGISTRATION:
Bird’s eye view:
Any person who intends to establish a micro, small or medium enterprise:
• File Udyam Registration online in Udyam Registration Portal based
• Based on self-declaration
• No documents, papers, certificates or proof required to be uploaded.
17
• On Registration, a permanent identification number will be assigned known as “Udyam Registration Number” (URN).
• An enterprise is called as “Udyam” in Udyam Registration Portal.
• An e-certificate (“Udyam Registration Certificate”) will be issued on completion of the Registration.
Detailed Registration Process for new enterprise:
a. The form of registration shall be provided in the Udyam Registration Portal.
b. No filing fees for Registration.
c. Aadhaar Number shall be required for Registration.
i. Proprietor for the Proprietorship concern
ii. Managing Partner for Partnership firm
iii. Karta for the Hindu Undivided Family (HUF)
d. In the case of Company or Limited Liability Partnership or Cooperative Society or a Society or Trust, the organization or its Authorized Signatory shall provide its GSTIN and PAN along with its Aadhaar number.
e In case an enterprise is duly registered as an Udyam with PAN, any deficiency of information for the previous years when it did not have PAN shall be filled up on self-declaration.
f. Any number of activities including manufacturing and service or both may be specified or added in ONE Udyam Registration.
g. No enterprise can file more than one Udyam Registration.
PENALTY:
Whoever intentionally misrepresents or attempts to suppress the self-declared facts and figures appearing in the Udyam Registration or updation
process shall be liable to such penalty as specified under Section 27 of the Act.
REGISTRATION OF AN EXISTING
ENTERPRISES:
a. All existing enterprises registered under EM-PART-II or UAM shall register again on the Udyam Registration portal on or after the 1st day of July 2020.
b. All enterprises registered prior to 30th June 2020, shall be valid only for a period up to the 31st March 2021. All existing enterprises shall be reclassified in accordance with this notification.
c. An enterprise registered with any other organization under the Ministry of Micro, Small and Medium Enterprises shall register itself under Udyam Registration.
UPDATION OF INFORMATION
AND TRANSITION PERIOD IN
CLASSIFICATION:
An Enterprise having URN shall update its information online in the Udyam Registration portal, including the details of ITR and the GST Return for the previous financial year and such other additional information as may be required, on self- declaration basis.
If the enterprise fails to update the relevant information within the specified period in the portal will render the enterprise liable for suspension of its status.
Based on the information furnished or gathered from Government’s source including ITR or GST return, the classification of the enterprise will be updated.
In case of graduation (from the lower to higher category) or reverse-graduation (from the higher to lower category) of any enterprise, a communication on the change in status will be sent to the enterprise.
In case of graduation (upward change in terms of investment in plant and machinery or equipment or turnover or both), and consequence re-classification, an enterprise will maintain its prevailing status till expiry of one year from the close of the Registration.
In case of reverse graduation (downward change in terms of investment in plant and machinery or equipment) or as a result of re-classification and whether the enterprise is registered under the Act or not, the enterprise will continue in its present category till the closure of the financial year and it will be given the benefit of the changed status only with effect from 1st April of the financial year following the year which such change took place.
FACILITATION AND GRIEVANCE
REDRESSAL OF ENTERPRISES:
The Champions Control Rooms functioning in various institutions and offices in the Ministry of Micro, Small and Medium Enterprises including Development Institutes (MSME-DI) shall act as SINGLE WINDOW SYSTEM for facilitating the registration process and further handholding the MSM enterprises in all possible manner.
The District Industries Centers (DICs) will also act as Single Window Facilitation System.
Lack of Aadhaar Number: A person can approach the Single Window System facility along with copies of the documents required for Aadhaar registration. The Single Window System will facilitate generate the Aadhaar number and process Udyam Registration.
In case of any discrepancies or complaints, the General Manager of the District Industries Centre of the concerned district shall undertake an enquiry for verification of the details of the Udyam Registration submitted by the enterprise and therefore forward the matter along with his remark to the Director or Commissioner or Industry Secretary concerned of the State Government who after issuing notice to the enterprise and after giving an opportunity to present its case and based on the findings, may amend the details or recommend to the Ministry of Micro, Small or Medium Enterprises, Government of India, for cancellation of Udyam Registration Certificate.
The present notification supersedes previous notification numbers S.0.1702(E) dated 1.6.2020, S.O.2052(E) dated 30.6.2017, S.O.3322(E) dated 1.11.2013 and S.O.1722(E) dated 5.10.2006.
(The views expressed are solely of the author)
18
19
Is your head preventing you from becoming a winner?
Do you suffer, periodically, from slumps, choking, psych-outs, runaway emotions, negativity or a lack of confidence?
Do you perform better in practice than at “crunch time”, when it counts the most?
Do you consistently underachieve in your performance arena?
When faced with difficult circumstances, why do some people falter and spiral towards self-destruction while others survive and even thrive once the storm has passed?
No one is immune to adversity, but some people seem to be better able to cope with and recover from even the most strenuous conditions. At the core of their strength is a mind-set that allows them to carry on through thick and thin. When times are tough, we’re more vulnerable than ever, and it can be tempting to do things that we would normally never consider. You might feel desperate for an escape or validation, but such quick fixes will only make things worse.
When the heat of competition is turned up high, the individual performer or team that falls apart most often does so because of mental factors like runaway nervousness, intimidation, poor concentration, negativity, lack of confidence or an inability to let go of mistakes or bad breaks.
What is the difference between someone who is a champion and someone who is the runner-up? What makes someone able to look an impossible
situation in the face and willingly conquer it? It’s the same thing that Super Athletes, successful CEO’s, and leaders of all types possess. It is something that you should possess! It may be the one factor that determines whether your goals are realized or not, be it in any form of life – Personal or Professional.
Problems in life are not fixed by the physically strong but the mentally strong – It is called the “Mental Mastery”.
What is Mental Mastery? It is having a physiological & psychological edge that enables you to be consistent, confident, focused, and determined during high pressure situations in order to perform at maximum potential.
Fortunately, this mind-set is no secret. Emotional resiliency and Mental Mastery have been written about, studied and even measured, revealing some insights as to how anyone can be strong.
The level of your success is determined by what you think and how you respond every second of every minute of every day. Your thoughts and the follow-up responses shape your world. Mental Mastery is the DNA that determines Life Mastery. Today’s thoughts and responses will serve to build your dreams of tomorrow. Your outer world reflects your inner world.
If you want to change the outer world, be ready first to change your inner world. Mental Mastery
entalastery
Article by Mr. S. Prakash
MPillars of
20
is not a one-time effort. It is a life-time, on-going process. Your outer world reflects your inner world.
If you want to change your life, you must start by changing the thoughts you put into your mind and the responses you give to the world. Success on the outside begins with success on the inside. Such a mind-set, as said above, does not happen in a day. You have to work hard on it just like any other worthy pursuit in life. But with daily, concentrated practice, you will note astonishing changes in the way you think, feel and respond to stimuli around you.
Mental Mastery is to know and learn about the “Success Mechanism” inside your mind which craves for positive s(t)imulation. It awaits your instructions. When you realize this and start setting great goals for yourself, it will spring to life and seize all opportunities and get you to where you want to go. What we get is determined by what we think and how we respond - as we sow, so shall we reap.
We get what we deserve, and those who have created richly rewarding lives have taken rich, rewarding actions to get them there. Peak performers with “Mental Mastery” are no different from weak performers - they just do different things and do them differently.
There is an ageless truth that says “What separates fully actualized people from the ordinary ones is that the first group does those things that the second group does not like doing, even though they might also not enjoy doing them”. But when you add the fire of action to the flames of Dharma and have the courage to follow your destiny on a daily basis, your life improves in a profound way that you have never imagined possible. To live life to the fullest, you must put off doing what is easy and do what is right.
Mental Mastery is NOT for the faint of hearts. It’s about taking responsibility for your success... and your failure. To realize your full potential as a performer (in any area of your choice - be it Corporate Life or Sports or any other line), you have to start training your Mind!
In recent times, specifically, the world has seen some path breaking work in this area. You watch the Cricket World Cups, the IPL, the Wimbledon, the Euro Football Cups and also the umpteen Corporate Battles Fought – a few alone Win; majority others Lose. The Winners have a “Mental Pedigree” which lets them give that edge and stay the course – eventually becoming the “Winners”. Mental
Mastery is a tool, a process that is available to one and all today.
“Pillars of Mental Mastery” (PMM in short) can be sought and attained by anyone who is willing to change himself / herself by staying the “Course”. When you have gained sufficient Mastery in PMM, you are likely to derive the following benefits in your personal and professional life:
* Staying relaxed under pressure, in what is called “good nerves”.
* Focusing on what’s important and letting go of everything else.
* Rebounding from mistakes, bad breaks and failures.
* Handling last minute self-doubts and negative thinking.
* Using mental rehearsal for upcoming performances.
* Motivating yourself by setting personally meaningful and compelling goals.
* Recognizing mental traps and avoiding them.
* Developing self-confidence and a positive, go-for-it attitude.
* Maintaining an Inner and Outer, Emotional Balance under all circumstances.
A serious Performer with “Dreams of Sustainable Success” would never leave his / her “Mental Mastery” to chance! Go ahead and Master your Mental faculties; in short “Master Yourself”.
(The views expressed are solely of the author)
21
Managing director means a director who, by virtue of the articles of a company or an agreement with the company or a resolution passed in its general meeting, or by its BOD, is entrusted with substantial powers of management of the affairs of the company and includes a director occupying the position of managing director, by whatever name called.
Pre - Requisites for Appointment of Director as Managing Director under Companies Act, 2013:
1. Whole-time key managerial personnel shall not hold office in more than one company except in its subsidiary company at the same time. However, key managerial personnel can be a director of any company with the permission of the Board. Company may appoint or employ a person as its managing director, if he is the managing director or manager of one, and of not more than one, other company subject to, such appointment or employment is approved by a resolution passed at a meeting of the Board with the consent of all the directors present at the meeting specific notice has been given to all the directors.
2. Maximum Tenure: No company shall appoint or re-appoint any person as its managing director, whole-time director or manager for a term exceeding five years at a time and no re-appointment shall be made earlier than one year before the expiry of his term.
3. Appointment of a person who has attained the age of seventy years may be made by passing a special resolution in which case the explanatory statement annexed to the notice.
4. The notice convening Board Meeting or General Meeting for considering such appointment shall include the terms and conditions of such appointment, remuneration payable and such other matters including interest of a director or directors in such appointments if any.
5. In case of a private company - Sub-section (4) and (5) of Section 196 shall not apply.
Procedure for Appointment of Director as Managing Director (MD) :
Nomination and Remuneration Committee shall recommend the appointment and remuneration payable to MD to Board of Directors, if any.
Article by Mr. CS.U.Siddharth
MANAGINGDIRECTOR
22
Obtain consent in Form DIR-2 from the person who is proposed to be appointed as MD. Obtain a declaration in form DIR-8 from the person who is proposed to be appointed as MD that he is not disqualified to become a Director.
Hold Board Meeting to
v appoint a person as an additional Director and fix terms and conditions of appointment including remuneration and issue an appointment letter.
v Fix day, date, time for General Meeting
In case of Listed Company, submit a disclosure of appointment to the stock exchange within 24 hours from the Board meeting and the same will be published on the website of the Company.
File a copy of Board Resolution in Form MGT-14 u/s 117(3)(c) of the Companies Act, 2013 within 30 days of passing Resolution. Attachment: A certified true copy of Board resolution
File Form DIR-12 within 30days of appointment. Two DIR-12 will be filled, First for the appointment of an additional director and second for change in designation from an additional Director to MD. Attachment: Form DIR-2 and Certified true copy of Board resolution
File Particulars of appointment of MD within 60 days of appointment in Form MR-1. Attachment: Certified true copy of Board resolution; Certified true copy of Members Resolution and DIR-2.
Make entries in register of Directors and KMP and in form MBP-4
Hold a General Meeting and pass Ordinary Resolution/ Special Resolution, as the case may be.
In case of Special Resolution, file a copy of Special Resolution along with explanatory statement in form MGT-14.
In case of Listed Company, submit a disclosure of proceeding of the meeting to stock exchange within 24 hours from the general meeting and the same will be published on the website of the Company.
In case of Listed Company, submit details regarding voting result within 48 hours from the general meeting and the same will be published on the website of the Company.
Applicable Section(s) of the Companies, Act,2013:
Section 196
Applicable Rule(s) of the Companies, Act,2013:
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014
Companies (Appointment and Qualifications of Directors) Rules, 2014
Companies (Meetings of Board and its Powers) Rules, 2014
Applicable Schedule:
Schedule-V
(The views expressed are solely of the author)
23
Sl. No CentreMay2020
ALL INDIA 330
ANDHRA PRADESH:
1. Guntur 302
2. Vijayawada 306
3. Visakhapatnam 306
ASSAM:
4. Doom Dooma Tinsukia 300
5. Guwahati 292
6. Labac-Silchar 289
7. Mariani Jorhat 279
8. Rangapara Tezpur 264
BIHAR:
9. Munger Jamalpur 355
10 CHANDIGARH 325
CHHATTISGARH
11 Bhilai 333
12 DELHI 314
GOA:
13 Goa 348
GUJARAT:
14 Ahmedabad 300
15 Bhavnagar 312
16 Rajkot 320
17 Surat 286
Sl. No CentreMay2020
18 Vadodara 284
HARAYANA:
19 Faridabad 288
20 Yamunanagar 312
HIMACHAL PRADESH:
21 Himachal Pradesh 280
JAMMU & KASHMIR:
22 Srinagar 300
JARKHAND
23 Bokaro 313
24 Giridih 363
25 Jamshedpur 377
26 Jharia 374
27 Kodarma 407
28 Ranchi Hatia 417
KARANATAKA:
29 Belgaum 321
30 Bengluru 306
31 Hubli-Dharwar 351
32 Mercara 316
33 Mysore 323
KERALA:
34 Ernakulam 335
35 Mundakayam 342
CONSUMER PRICE INDEXNUMBERS FOR INDUSTRIAL WORKERS
(BASE 2001=100)
24
Sl. No CentreMay2020
36 Quilon 377
MADHYAPRADESH:
37 Bhopal 342
38 Chhindwara 329
39 Indore 298
40 Jabalpur 334
MAHARASHTRA:
41 Mumbai 324
42 Nagpur 406
43 Nasik 384
44 Pune 367
45 Sholapur 352
ORISSA:
46 Angul Talcher 350
47 Rourkela 327
48 PUDUCHERRY 334
PUNJAB:
49 Amritsar 353
50 Jalandhar 332
51 Ludhiana 311
RAJASTHAN:
52 Ajmer 299
53 Bhilwara 304
54 Jaipur 323
TAMILNADU:
55 Chennai 291
56 Coimbatore 300
57 Coonoor 346
58 Madurai 311
59 Salem 301
60 Tiruchirapally 321
Sl. No CentreMay2020
TEL
61 Godavarikhani 348
62 Hyderabad 279
63 Warangal 338
TRIPURA:
64 Tripura 277
UTTAR PADESH:
65 Agra 381
66 Ghaziabad 351
67 Kanpur 360
68 Lucknow 358
69 Varanasi 351
WEST BENGAL:
70 Asansol 356
71 Darjeeling 280
72 Durgapur 341
73 Haldia 406
74 Howrah 303
75 Jalpaiguri 286
76 Kolkata 302
77 Raniganj 310
78 Siliguri 291
Source: Labour Bureau, Shimla
Picture Gallery Webinar on “Cyber issues during Covid - 19 Crisis” on the 13th June 2020
“e commerce and digital marketing, vizag (online)” from 15th to 18th June, 2020
Webinar on “economy - shape of things to come post Covid 19” on the 26th June 2020
25
Our other ChaptersSECUNDERABAD OFFICE:
“T.G. Venkatesh Bhavan”, 602 & 603, Chenoy Trade Centre,116, Park Lane, VI Floor, P.B. No. 1716, Secunderabad – 500 003, Telangana State.
Phone: 040-27840844, Fax: 040-27840767;Email : [email protected] | Shri G. Ramanjaneyulu, Deputy Secretary.
VISAKHAPATNAM OFFICE:Door No. 43-19-30, Venkataraju Nagar, Dondaparthy,
Near T.S.N. Colony, Visakhapatnam – 530 016, Andhra Pradesh.Phone: 0891-2792220, Fax: 0891-2792221,
Email: [email protected] | Shri V. THRINADHA RAO, Deputy Secretary.
VIJAYAWADA OFFICE:Siddhartha Hotel Management College Premises, Pinnameneni Poly Clinic Road,
Technical Nagar, Vijayawada – 520 010 (A.P). Phone: 0866-2472500,Email: [email protected] | Shri N. RAJA RAO, Joint Secretary
Please contact
ACC Bulletin - Advt Tariff12 Issues of each 1/2 page will be ` 12500/- per annum plus GST
12 Issues of full page will be ` 20,000/- per annum plus GST
First come first serve basis the space will be allotted. Member organisations will be give first preference. We welcome your support to have more reach out and more viewing for your Advt and Business.
Mr. N. Ravikumar, Joint Secretary, Andhra Chamber of Commerce Tel : + 91 44 24315277 +91 9840248688Email : [email protected]
Edited, Published and Printed by Andhra Chamber of Commerce at“Velagapudi Ramakrishna Building”,
#23, Third Cross Street, West C.I.T. Nagar, Nandanam, P.B. No.3368, Chennai-600 035. Phones : 044 - 2431 5277 / 2431 5278 / 2431 5279
Email : [email protected] / [email protected] / [email protected]
26
Our other ChaptersSECUNDERABAD OFFICE:
“T.G. Venkatesh Bhavan”, 602 & 603, Chenoy Trade Centre,116, Park Lane, VI Floor, P.B. No. 1716, Secunderabad – 500 003, Telangana State.
Phone: 040-27840844, Fax: 040-27840767;Email : [email protected] | Shri G. Ramanjaneyulu, Deputy Secretary.
VISAKHAPATNAM OFFICE:Door No. 43-19-30, Venkataraju Nagar, Dondaparthy,
Near T.S.N. Colony, Visakhapatnam – 530 016, Andhra Pradesh.Phone: 0891-2792220, Fax: 0891-2792221,
Email: [email protected] | Shri V. THRINADHA RAO, Deputy Secretary.
VIJAYAWADA OFFICE:Siddhartha Hotel Management College Premises, Pinnameneni Poly Clinic Road,
Technical Nagar, Vijayawada – 520 010 (A.P). Phone: 0866-2472500,Email: [email protected] | Shri N. RAJA RAO, Joint Secretary
Please contact
ACC Bulletin - Advt Tariff12 Issues of each 1/2 page will be ` 12500/- per annum plus GST
12 Issues of full page will be ` 20,000/- per annum plus GST
First come first serve basis the space will be allotted. Member organisations will be give first preference. We welcome your support to have more reach out and more viewing for your Advt and Business.
Mr. N. Ravikumar, Joint Secretary, Andhra Chamber of Commerce Tel : + 91 44 24315277 +91 9840248688Email : [email protected]
Edited, Published and Printed by Andhra Chamber of Commerce at“Velagapudi Ramakrishna Building”,
#23, Third Cross Street, West C.I.T. Nagar, Nandanam, P.B. No.3368, Chennai-600 035. Phones : 044 - 2431 5277 / 2431 5278 / 2431 5279
Email : [email protected] / [email protected] / [email protected]
UPDATATION OF MEMBERSHIP DETAILS
Kind Attn: Members
Dear Sir/Madam;
We are updating the database – Members business details in our records. We request you to kindly
inform the Chamber if there are any changes in your mailing list – Address, contact details, Name of
the representative, change in the Email-ids and Telephone numbers in the below mentioned format.
Please forward the same to the Chamber by Email: [email protected] duly filled in
for making necessary changes in our records. Please extend your cooperation support in this regard
without delay.
Name of the company / individual
postal Address
Telephone
Fax
Mob
Est.
Website
GST No
Name of the representative –
Designation in the company
Bank
Manufactures of
Exporters of
Importers of
27
28
In the service of Public for more than 56 years
Winning client’s trust with unmatched professionalism
Investigation • Pre & Post Matrimonial • Pre & Post Employment • Industrial Theft & Fraud • Undercover Operation
FOR TOTAL SECURITY SOLUTIONS IN INDIA
GLOBE DETECTIVE AGENCY
Security • Consultation • Trained Man Power • 24 x 7 Control Room • Client Support
Facility • House Keeping • Pantry Services • Guest House Mgmt • Garden Member
Electronics • Access Control • Burglar Alarm • Fire Alarm • CCTV
Chennai No.152, Agurchand Mansion , Mount Road, Chennai-600 002. Tel: +91–44–42919500–599; E-mail: [email protected] Bengaluru Tel: +91-80-25717905/06;
E-mail: [email protected]; Delhi Tel: +91–11–26432221/26432681; E-mail: [email protected] Mumbai Tel: +91-22-22028751/22023578; Email: [email protected] Ahmedabad, Ambur, Coimbatore, Jamshedpur, Kochi, Kolkata, Lucknow, Madurai, Mysore, Puducherry, Pune, Secunderabad, Sriperumbudur, Vapi, Vizag.
www.globedetective.com
29
In the service of Public for more than 56 years
Winning client’s trust with unmatched professionalism
Investigation • Pre & Post Matrimonial • Pre & Post Employment • Industrial Theft & Fraud • Undercover Operation
FOR TOTAL SECURITY SOLUTIONS IN INDIA
GLOBE DETECTIVE AGENCY
Security • Consultation • Trained Man Power • 24 x 7 Control Room • Client Support
Facility • House Keeping • Pantry Services • Guest House Mgmt • Garden Member
Electronics • Access Control • Burglar Alarm • Fire Alarm • CCTV
Chennai No.152, Agurchand Mansion , Mount Road, Chennai-600 002. Tel: +91–44–42919500–599; E-mail: [email protected] Bengaluru Tel: +91-80-25717905/06;
E-mail: [email protected]; Delhi Tel: +91–11–26432221/26432681; E-mail: [email protected] Mumbai Tel: +91-22-22028751/22023578; Email: [email protected] Ahmedabad, Ambur, Coimbatore, Jamshedpur, Kochi, Kolkata, Lucknow, Madurai, Mysore, Puducherry, Pune, Secunderabad, Sriperumbudur, Vapi, Vizag.
www.globedetective.com
30
THE KCP LIMITED
CEMENT PLANT MUKTYALA CEMENT PLANT MACHERLA
SUGAR INDUSTRY
VIETNAM
HEAVY ENGINEERING
CHENNAI
POLAVARAM PROJECT
SRISAILAM DAM NAGARJUNA SAGAR DAM
SRI KANAKADURGAMMA VARADHI
Registered Office: “Ramakrishna Buildings” No. 2 Dr. P.V. Cherian Crescent, Egmore, Chennai- 600008 Tel: +9144-66772600 / 66772667, Fax: 66772620 CIN65991TN1941PLC001128
Cement Marketing Head Quarter: Plot No. 10, Gayatri Hills, MP & MLA’s Colony Road No. 10 C, Jubilee Hills, Hyderabad - 500033 Tel: 040 2325 3503 to 3505, Cell: +91 9866305145 / 9989597775, E-mail: [email protected]
THE KCP LIMITED
CEMENT PLANT MUKTYALA CEMENT PLANT MACHERLA
SUGAR INDUSTRY
VIETNAM
HEAVY ENGINEERING
CHENNAI
POLAVARAM PROJECT
SRISAILAM DAM NAGARJUNA SAGAR DAM
SRI KANAKADURGAMMA VARADHI
Registered Office: “Ramakrishna Buildings” No. 2 Dr. P.V. Cherian Crescent, Egmore, Chennai- 600008 Tel: +9144-66772600 / 66772667, Fax: 66772620 CIN65991TN1941PLC001128
Cement Marketing Head Quarter: Plot No. 10, Gayatri Hills, MP & MLA’s Colony Road No. 10 C, Jubilee Hills, Hyderabad - 500033 Tel: 040 2325 3503 to 3505, Cell: +91 9866305145 / 9989597775, E-mail: [email protected]
31