Open House Meet and Road Shows organised at Bangalore

Vol. 10 No. 3
oct. - Dec. 2014
EPCES
nEwS
Contents
A qUARteRly NewSletteR By
export Promotion Council for eoUs & seZs
8G, 8th Floor, Hansalaya Building
15, Barakhamba Road, New Delhi-110001
tel: 011-23329766-69, Fax: 23329770
email: [email protected]
website: www.epces.in
www.sezindia.nic.in
CHAIRMAN
P. C. Nambiar
VICe-CHAIRMAN
Rahul Gupta
DIReCtoR GeNeRAl
Madhup Vyas
Open House Meet at Bangalore on 12-12-2014
ReGioNal ChaiRPeRsoNs
Shri R.M. Manroa (Noida SeZ)
Dr. G. Ganga Raju (VSeZ)
Dr. Manje Gowda (Cochin SeZ)
Dr. Sushil Kumar Verma (Falta SeZ)
Shri Ajit Rajput (Kandla SeZ)
Shri K. Shivachandra Reddy (MePZ SeZ)
Shri Ashish Shrivastava (SeePZ SeZ)
eDItoR: anand Giri, Deputy Director ePCeS
Printed & Published by
anand Giri on behalf of
export Promotion Council for eoUs & SeZs
Published at
8G, 8th Floor, Hansalaya Building
15, Barakhamba Road, New Delhi-110001
and printed at
Tara art Press Pvt. ltd.
Hans Bhawan
Bahadur Shah Zafar Marg,
New Delhi
Raod Show on SEZs — Falta SEZ
Open House Meet and Road Shows organised at Bangalore ..................
7
International Scene — Columbia and Brazil ............................................
9
Artha Infratech Pvt. Ltd. “Special Economic Zone” .................................. 11
ediTiNG & desiGNiNG By
iNdia eMPiRe PUBliCaTioNs
N 126, 2nd Floor
Greater Kailash Part I
New Delhi 110048
tel: 011-29231515, 29233647
email: [email protected]
Export Performance of Falta Special Economic Zone ............................... 14
Circulars to Watch .................................................................................... 16
Trade Enquiries ........................................................................................ 18
October-December 2014 | EPCES NEWS
1
From the Chairman’s Desk
Dear Exporter Friends,
At the outset, I take this opportunity to wish you and all the members of your family a very happy and prosperous New Year 2015.
It gives me immense pleasure to report that our Council has completed 12 successful years in the service of the exporting fraternity and in working for the promotion of the EOU/SEZ Sector. I am thankful to Ministry of Commerce Industry, all the
Development Commissioners and the members of the Council for providing their
whole-hearted support and cooperation to the Council.
Friends, recently, we had the opportunity to attend a meeting chaired by Cabinet
Secretary that was held at Udyog Bhavan, New Delhi on November 28, 2014. During
the meeting, common issues of SEZs, like introduction of a fair SEZ Policy by all State
Governments and reduction of multiple documentations were highlighted by the
Council. EPCES’s suggestions found favour with the members present at the meeting.
We have already submitted suggestions for formulation of Foreign Trade Policy 2014-19 as well as Union Budget
2015-16 through EPCES. The new Foreign Trade Policy for 2014-19 would be announced shortly. We hope that our
suggestions will be accepted and we can expect some sops for EOU/SEZ in the forthcoming Foreign Trade Policy
and Union Budget announcement.
I would like to reiterate here that EOU sector is totally neglected and recommendations of Panda Committee
are yet to be implemented and the necessary structural reforms are to be put in place. EPCES has been taking this
up strongly with the Ministry of Commerce and Industry and Department of Revenue from time to time.
Issues of SEZs, like imposition of MAT and DDT on SEZs, benefits of Chapter 3 of Foreign Trade Policy to SEZs
and exemption from payment of Service Tax need immediate attention of the Government and we are working for
the same though the EPCES. We are thankful to the Ministry of Commerce and Industry for introducing the concept of dual usage of Non-Processing Area of the SEZ land for the benefit of SEZ Developers. A notification issued
by Ministry of Commerce and Industry in this regard has been published in this issue of EPCES News and we welcome it whole heartedly.
EPCES is continuing the process of recognizing and appreciating the efforts of the outstanding performers in
the EOUs and SEZ sectors by presenting EPCES Export Awards for Outstanding Export Performance every year.
This year also, the Council intends to organize its Export Awards function for the years 2011-12 and 2012-13 in February, 2015 at New Delhi as per the convenience and availability of the Honourable Minister as Chief Guest.
As you are aware, EPCES organizes Open House Meets of EOUs/SEZs in different parts of the country from time
to time for resolving local issues. These Open House Meets provide an opportunity to EOUs and SEZs from the respective States to discuss their issues with senior officers of central and concerned state Governments. As a result, a number of issues of EOUs and SEZs have been resolved amicably. These have been informed to members
of the Council from time to time by way of EPCES circulars. A proper grievances redressal mechanism is also put
in place at the Development Commissioner level and I urge upon all the members to take part in the same to get
their problems solved amicably at the local level.
Friends, recently, we organized an Open House Meet of EOUs and SEZs on December 12, 2014 at Bangalore for
resolving the issues of EOUs and SEZs. EPCES is organizing such an Open House Meet of EOUs and SEZs on January 19, 2015 at Kolkata for resolving their issues.
In order to promote a better utilization of vacant lands within various SEZs, at the initiative of our Council, a number of Road shows were arranged in Bangalore, Mumbai, Nasik, Pune and Vishakhapatanam. A very conducive environment has now been created for our operationalizing the efforts of SEZ developers. All these SEZs
developers are requested to provide details about their vacant lands, so that we can publish them in our website
and elicit support from the Government to make the process of development smooth and get additional investment made in the SEZ area. We have to support the make in India concept of our Honourable Prime Minister and
we will all do our best to protect the interest of the business community while working towards fructifying the goal
of the Honourable Prime Minister.
I request the members to participate in the activities of the Council in India and abroad and
renew your membership with the Council for the year 2014-15.
P.C. Nambiar
Chairman
October-December 2014 | EPCES NEWS
3
From the Director General’s Desk
Dear Esteemed Member of EPCES,
It gives me great satisfaction to note that from the time of setting up of Export
Promotion Council for EOUs and SEZs (EPCES), the exports from this sector have
risen from Rs. 33,000 crores in 2002-03 to almost Rs.6,00,000 crores in 2013-14,
representing a very impressive growth of 17 times in a span of 12 years. This
sector is also generating direct employment for approximately 15 lakh people in
the country besides attracting investment of almost Rs.4,00,000 crores.
I would like to apprise the Members about the recent initiatives taken by the
Ministry of Commerce for ensuring ‘Ease of Doing Business’ in SEZs, such as
mapping of activities and prescribing timelines for such activities related to
Developers and Units which have been implemented in all Zones, standardisation of procedures, practices and forms, and introducing digitization and online
processing of various activities relating to SEZ Developers and Units in all Zones.
Department of Commerce has revisited the Vigilance mechanism and mechanism
for redressal of grievances in all Zones.
Department of Commerce has recently issued a Notification for amendment
in SEZ Rules, 2006 for allowing dual use of infrastructure in Non-Processing Area.
To facilitate paperless transaction for movement of goods for imports and
exports from SEZs to Ports, Department of Commerce is in the process of
extending the Customs ICEGATE system to all SEZs. A pilot project in this
regard has been launched in MEPZ on 19.01.2015. This will be extended to all the
Zones before 31.03.2015.
EPCES, in association with India Trade Promotion Organisation (ITPO)
intends to participate in multi-products trade fair Expocomer to be held from
March 11 – 14, 2015 at Panama. During the fair, Members will have opportunities
to interact with foreign businessmen, investors and buyers for attracting
investments and increasing exports from our country.
EPCES, in association with Embassy of India, Tokyo, Japan would also be
organising a Buyer Seller Meet at Japan in June 2015 for publicizing the concept
of SEZ Scheme abroad and for attracting foreign investments in SEZs in India.
I hope all our Members would actively participate for making these events a
grand success.
I wish all our Members a very happy and prosperous New Year, and reaffirm
my commitment for strengthening the SEZ & EOU Sector.
Madhup Vyas, IAS
Director General
October-December 2014 | EPCES NEWS
5
Open House Meet and Road Shows
organised at Bangalore
Dr. Manje Gowda, Regional Chairman CSEZ addressing the gathering . L to R: Shri Surjeet Bhujbal-Principal Secretary Excise B’lore,
Shri P. C. Nambiar Chairman EPCES, Dr. (Mrs) Safeena A. N. DC, CSEZ, Shri Madhup Vyas Director SEZ MOC&I and DG EPCES,
Shri Rahul Gupta Vice Chairman EPCES, Shri K. S. Shivaswamy, MD, Bureau of Trade Promotion Govt. of Karnataka
An Open House Meet of EOUs
and SEZs was organised by EPCES
on Friday, December 12, 2014 at
Bangalore. The meet was organised for resolving the issues of
EOUs and SEZs and to take feedback from members for resolving
their issues. The meeting was attended by Shri Madhup Vyas, Director
(SEZs),
Ministry
of
Commerce and Industry and DG,
EPCES, Dr. (Ms) Safeena and A.N.,
Development
Commissioner,
Cochin SEZ. Shri P.C. Nambiar,
Chairman, EPCES, Shri Rahul
Gupta, Vice-Chairman, EPCES, Dr.
Manje Gowda, Regional Chairman,
EPCES, Shri Naresh Sharma, Convenor, Panel on Finance and
Budget and senior officers of Central and State Government and a
number of EOUs and SEZs were
also present at the event.
Dr. (Mrs.) Safeena A. N., Development Commissioner CSEZ
inaugurating Road Show on SEZs at Bangalore
October-December 2014 | EPCES NEWS
7
Dr. Manje Gowda, Regional Chairman
CSEZ Welcoming the participants
Shri Madhup Vyas Director SEZ MOC&I and DG
EPCES, replying to the queries of EOUs & SEZs
Shri Rahul Gupta Vice Chairman,
addressing the gathering
Welcoming the participants,
Shri P.C. Nambiar, Chairman,
EPCES informed that Regional Office, Bangalore of the Council has
been inaugurated today for resolving the issues of EOUs and
SEZs and also to strengthen the
membership base of the Council in
Southern Region.
Shri P.C. Nambiar, Chairman,
EPCES informed that EPCES was up
in 2003 and since then it has organized 52 Open House Meets from
time to time in different parts of
the country for resolving the issues of EOUs and SEZs. As a result,
a large number of issues have been
resolved.
He said that there are over 6000
operational EOUs and SEZs spread
all over the country. Out of this,
only one-fourth are the members of
the Council. There are 974 operational EOUs/SEZs from Cochin SEZ.
Out of which, only 147 are the members of the Council. The purpose
of opening of Regional Office, Bangalore is also to ensure that all remaining 827 operational EOUs and
SEZs under Cochin SEZ, who are
not the members of the Council,
should become members of EPCES
so that EPCES may take up the issues of EOUs and SEZs in an effective manner.
Shri Nambiar informed that
8
EPCES NEWS | October-December 2014
Shri Madhup Vyas Director SEZ MOC & I and DG, EPCES
flagging off Road Show on SEZ at Bangalore
EPCES has already submitted its
suggestions for incorporation in
the Foreign Trade Policy 2014-19 as
well as Union Budget 2015-16. The
new Foreign Trade Policy for 201419 would be announced shortly.
We hope that some sops may be announced for EOU/SEZ sector.
Chairman, EPCES further informed that Government has so far
notified 352 SEZs. Out of which,
196 SEZs are in operation. The remaining 156 SEZs are yet to become
operational. These SEZs are not
operational due to imposition of
MAT and DDT on SEZs. In case remaining 156 notified SEZs become
operational, investments, exports
and employment in this sector will
be increased tremendously.
Shri Nambiar said that EPCES, in
association with Embassy of India,
Tokyo, has arranged Buyer Seller
Meets at Tokyo and Osaka from
January14 to 16, 2014. He requested EOUs and SEZs to take advantage of this opportunity and
participate in this event.
He further informed that Department of Industries and Commerce, Government of Kerala is
organizing ‘Kerala Business to Business Meet 2015’ from February 26
to 28, 2015 at Kochi, Ernakulam. He
Contd. on Page 12
InternatIonal scene
Colombia
Geography
Colombia, with an area of 11,38,
910 sq.km, is located at Northern
South America, bordering the
Caribbean Sea, between Panama
and Venezuela, and bordering the
North Pacific Ocean, between
Ecuador and Panama. It is the only
South American country with coastlines on both the North Pacific
Ocean and Caribbean Sea. The natural resources are petroleum, natural gas, coal, iron ore, nickel, gold,
copper, emeralds and hydropower.
Economy – An Overview
Colombia's consistently sound
economic policies and aggressive
promotion of free trade agreements in recent years have helped
in growth of real GDP more than 4
per cent per year for the past
three years with continuing almost
a decade of strong economic performance.Colombia has GDP (Purchasing Power Parity) of USD 526.5
billion in 2013.Colombia is the
world's fourth largest coal exporter and Latin America’s fourth
largest oil producer. Colombia has
signed or is negotiating Free Trade
Agreements (FTA) with more than
a dozen countries; the US-Colombia FTA went into force on May
2012. Colombia is also a founding
member of the Pacific Alliance - a
regional grouping formed in 2012
by Chile, Colombia, Mexico, and
Peru to promote regional trade
and economic integration. The annual level of foreign direct investment - notably in the oil and gas
sectors - reached a record high of
USD 16.8 billion in 2013, an in-
crease of 7 per cent over 2012.
4187.11 million in 2013.
Exports: The exports from
Colombia during 2013 are USD 58.7
billion. The major commodities for
exports are petroleum, coal, emeralds, coffee, nickel, cut flowers, bananas, apparel. The countries for
exports are US 36.6 per cent, China
5.5 per cent, Spain 4.8 per cent,
Panama 4.7 per cent, Venezuela 4.4
per cent, Netherlands 4.1 per cent
during 2012.
Main Export Items (from India):
The main items of export consisted
of vehicles and auto parts, motorcycles, organic chemicals, cotton
yarn and woven fabrics of cotton,
man-made staple fibres and pharmaceutical products.
Imports: The imports of Colombia during 2013 are USD 53.5 billion.
The major commodities for imports
are industrial equipment, transportation equipment, consumer
goods, chemicals, paper products,
fuels and electricity. The imports
are basically from US 36.6 per cent,
China 5.5 per cent, Spain 4.8 per
cent, Panama 4.7 per cent,
Venezuela 4.4 per cent and Netherlands 4.1 per cent during 2012.
Main Import Items: The main
items of import were mineral fuels,
iron and steel, aluminium substances, copper and articles, wood
and articles of wood, natural or cultivated pearl, plastics, sugar confectionery and crude oil.
Indian Investments in Colombia:
Many Indian Companies have established operations in Colombia.
Some of the known companies
which are present in Colombia are:
●
Population, Religion and Language: Colombia has a population
of 4, 62, 45,297 persons. 90 per cent
of the population is Roman Catholic
and others are 10 per cent. The official language is Spanish.
●
Agriculture Products: The agriculture products are coffee, cut
flowers, bananas, rice, tobacco,
corn, sugarcane, cocoa beans,
oilseed, vegetables, shrimp and forest products.
●
●
●
●
IT [Tata Consultancy Services
(TCS), Wipro; Tech Mahindra,
Man India and Sutherland],
Pharmaceuticals (IPCA and
CIPLA),
Agro-Chemicals (United Phosphorus),
Automobiles and tractors (TVS,
Bajaj, Hero, Sonalika and Mahindra),
Computer education (NIIT;
APTECH and TATA Infotech),
Mining (Renuka energy).
brazil
Industries: The main industries
are textiles, food processing, oil,
clothing and footwear, beverages,
chemicals, cement; gold, coal and
emeralds.
India-Colombia Trade
Trade between India and
Colombia has increased consistently. India’s total trade with
Colombia which was about USD
946.95 million in 2009 reached USD
Background
After more than three centuries under Portuguese rule,
Brazil gained its independence
in 1822, maintaining a monarchi-
October-December 2014 | EPCES NEWS
9
cal system of government until
the abolition of slaver y in 1888
and the subsequent proclamation of a republic by the militar y
in 1889. Brazilian coffee exporters politically dominated
the countr y. In 1985, the militar y
regime peacefully ceded power
to civilian rulers. Brazil continues to pursue industrial and
agricultural growth and development of its interior. Exploiting
vast natural resources and a
large labor pool, it is today
South America's leading economic power and a regional
leader, one of the first in the
area to begin an economic recover y.
growth reached 7.5 per cent, the
highest growth rate in the past 25
years. Unemployment is at historic lows and Brazil's traditionally high level of income
inequality has declined for each
of the last 14 years. Brazil's historically high interest rates have
made it an attractive destination
for foreign investors. Large capital inflows over the past several
years have contributed to the appreciation of the currency, hurting the competitiveness of
Brazilian manufacturing and leading the government to inter vene
in foreign exchange markets and
raise taxes on some foreign capital inflows.
Geography
Brazil,
with an area of
8,514,877 sq km, is located at
Eastern South America, bordering
Argentina 1,263 km, Bolivia 3,403
km, Colombia 1,790 km, French
Guiana 649 km, Guyana 1,308 km,
Paraguay 1,371 km, Peru 2,659
km, Suriname 515 km, Uruguay
1,050 km, Venezuela 2,137 km and
the Atlantic Ocean Brazil is 2.6
times the size of India. It has a
coastline of 7,407 km on the Atlantic Ocean.
The GDP (purchasing power parity) is USD 2.416 trillion (2013 estimated) and the GDP - per capita
(PPP) is USD 12,100 (2013 estimated).
Economy – Overview
With well-developed and large
agricultural, mining, manufacturing and service sectors and a rapidly expanding middle class,
Brazil's economy outweighs that
of all other South American countries and is expanding its presence in world markets. Since
2003, Brazil has steadily improved its macro-economic stability,
building
up
foreign
reser ves and reducing its debt
profile. In 2008, Brazil became a
net external creditor and two ratings agencies awarded investment grade status to it. After
strong growth in 2007 and 2008,
consumer and investor confidence revived in 2010 and GDP
10
EPCES NEWS | October-December 2014
Expor ts: The exports from
Brazil are USD244.8 billion (2013
estimated). The commodities of
exports are transport equipment,
iron ore, soybeans, footwear, coffee and autos. The countr y’s exports are to China 17 per cent,
US 11.1 per cent, Argentina 7.4
per cent and Netherlands 6.2 per
cent (2012).
Impor ts: The countr y’s imports are USD 241.4 billion (2013
estimated). The commodities of
imports are machinery, electrical
and transport equipment, chemical products, oil, automotive
parts and electronics. The imports are mainly from China 15.3
per cent, US 14.6 per cent, Argentina 7.4 per cent, Germany 6.4
per cent, South Korea 4.1 per
cent (2012).
Agriculture products: The agricultural products are coffee, soybeans, wheat, rice, corn, sugarcane,
cocoa, citrus and beef.
Industries: The main industries are textiles, shoes, chemicals, cement, lumber, iron ore,
tin, steel, aircraft, motor vehicles
and parts, other machinery and
equipments.
Principal Indian expor ts to
Brazil: Diesel oil, coke of coal,
l i g n i t e o r p e a t , e q u i p m e n t s re l a t e d t o w i n d e n e rg y, e n g i n e e r ing and electrical equipment,
a u t o a n c i l l a r y p ro d u c t s , c o t ton and polyester yarns, naphtha, pigments, medicines and
chemicals.
Principal Indian imports from
Brazil: Crude oil, copper sulphates, soya oil, raw sugar, denatured alcohol, other minerals of
copper and its concentrates, asbestos, valves, motor pumps, airplanes, wheat, precious and
■
semi-precious stones.
India-Brazil Bilateral Trade 2008-14 (USD Million)
ARTHA INFRATECH PVT. LTD.
“SPECIAL ECONOMIC ZONE”
NOIDA EXTENSION
(Greater Noida West | www.trustoneindia.com | 92788-22222)
Artha SEZ sprawling over 25
acres is a 3 million square feet
mixed land use project, a world
class urban development based on
True Live, Work and Play Concept.
Designed with exclusive tower for
multi level car parking, environment
friendly “LEED Certified Gold Rated”
green Buildings along with five Interlinked office towers with beautifully landscaped central park.
Located in the Asia’s upcoming
largely dense residential neighborhood. Backed by strong track record
of high quality construction and
timely delivery of the Artha Wegmans Group.
Artha SEZ consist of processing
area of about 50,000 sq. meter of
land and planned for five towers of
construction. The construction of
the first tower of the processing
area is completed and company has
obtained the completion certificate
along with green building certificate. This is functional SEZ with
seating capacity of 500+ seats and
three IT/ITES corporate are already
operating their businesses from the
SEZ. Ready Tower has received six
star rating by CRISIL.
The construction of the second
tower has started in November 2014
and will complete in March 2016,
this tower shall have seating capacity of 1500 IT professionals. The design of the buildings would be world
class and it is proposed to be gold
rated green building. The remaining
three towers will also be constructed over next 2-3 years.
The location of the project is in
Noida Extension (Greater Noida
West). In the next 2-3 years it is ex-
pected that Noida Extension will
have a population of approximately
one lac people besides more than
hundred developers are coming up
with two lac new residential units
with in radius of 2-3 Kms from Artha
SEZ Site, enabling availability of manpower in immediate vicinity. The future of the Artha SEZ and the Noida
Extension Destination is promising.
Artha SEZ at Noida Extension is
a three Side Open Corner Plot Facing 60 Mtrs. Wide Greater NoidaGhaziabad Highway
Location Advantage - In Close
Proximity to:
●
Noida Sector 62 (IT Hub)- 8 Kms
●
Noida Sector 32, City Center
Metro Station- 9 Kms
October-December 2014 | EPCES NEWS
11
●
●
●
National Highway -24 (NH-24)- 6 Kms
Faridabad-Noida-Ghaziabad (FNG) Expressway and
the extensive road system connects directly to
Noida, Greater Noida, Ghaziabad, Faridabad & Delhi
Adjacent to Proposed Metro Station, Upcoming HCL
Campus & Near New Bridge over Hindon River Connecting Noida Sector 78 to Artha SEZ.
Promoters
Mr. S. K. Gupta, Chairman, Electronics Engineer,
BHU- IIT. He has very rich experience in the field of finance, constructions and real estate.
Mr. Sudeep Gupta, Masters in Professional Studies in
Real Estate and Finance from Cornell University, USA
and Bachelor of Planning from S.P.A. New Delhi. He
Heads the Real Estate Vertical of the Group. He is
backed by a team of experienced engineers, architect,
marketing and finance professionals.
Mr. Shagun Gupta, B.I.T Gold Medalist, Jamia University and MBA, Symbiosis Institute of Business
Management. Worked with Wipro for 3 years, brings
global and process centric environment to the group.
With a meticulous track record in whatever they
have forayed in Artha Wegmans Group brought a midas
touch of its own. The group has proved mettle in the
field of real estate, hospitality services, agriculture and
plantations, commodity and capital market trading, depository services, construction, manufacturing business and much more. In their real estate business, the
group is known for their high quality construction,
strong adherence to timelines and last but not the
least, absolute zero litigation and almost zero debt corporate. The credibility of the group has been bestowed
with 6-Star CRISIL and 7-Star CARE Ratings- The first
group in North India to have received such ratings. ■
Open House Meet and Road Shows organised at Bangalore
Contd. from Page 8
requested EOUs and SEZs to participate in the same.
Shri P.C. Nambiar, Chairman, EPCES informed that
Council is continuing the process of recognizing the
export efforts of EOUs and SEZs by presenting EPCES
Export Awards for Outstanding Export Performance
every year. This year also, the Council intends to organize its Export Awards function for the years 2011-12
and 2012-13 in February, 2015 at New Delhi as per the
convenience of Chief Guest.
Shri MadhupVyas, Director (SEZs), Ministry of
Commerce and Industry and DG, EPCES, Dr. (Ms.)
Safeena, A.N, Development Commissioner, Cochin SEZ,
12
EPCES NEWS | October-December 2014
and other senior officers of State Government interacted with EOUs and SEZs and provided necessary
clarifications. A large number of EOUs and SEZs from
Cochin SEZ attended the meeting.
While proposing vote of thanks, Shri Rahul Gupta,
Vice-Chairman, EPCES thanked Shri MadhupVyas, Director (SEZs), Ministry of Commerce and Industry
and DG, EPCES and Dr.(Mrs.) Safeena, A.N., Development Commissioner, Cochin SEZ. He also thanked the
senior officers of central and state Government of
Karnataka and Cochin SEZ for patiently hearing to the
issues of EOUs and SEZs and for providing necessary
■
clarifications.
ECPES has launched its own website www.epces.in
Members are requrested to update their profile at the EPCES website.
For futher query please contact EPCES office at 011-23329766-69
RENEWAL OF MEMBERSHIP FOR THE YEAR 2015-16
EPCES Members are requested to renew their membership with EPCES for the year 2015-16.
The renewal intimation/notices 2015-16 have already been sent to members by e-mail and courier.
The members are requested to kindly pay their membership subscription for the year 2015-16
as per the intimation/notice to enable the Council to issue the necessary membership certificate
and also to strengthen the Council to take up the issues of its members effectively with the concerned authorities.
In case you have renewed your membership and not received the membership renewal certificate
kindly get in touch with EPCES Head office
October-December | EPCES NEWS
13
Export Performance of Falta Special Economic Zone
The emergence and rise of Falta
Special Economic Zone is a story of
steady economic growth in the hinterland of southern West Bengal. In
the early 80s, the economic policies
of the Government prompted setting
up of an Export Processing Zone in
an area which was under developed
but would provide employment to a
sizeable population living below the
poverty level. With these objectives
in view, Falta Export Processing Zone
was developed in the western part of
river Hooghly over an area of 273
acres of land, largely out of land from
Kolkata Port Trust. Initially, challenges were many as infrastructural
deficiencies were manifold. However, because of efforts taken over
the years, the Zone has been developed into a multi-product SEZ and
now is a pride of the state.
Falta Special Economic Zone (earlier FEPZ) was set up by the Government of India in the year 1984. The
objective behind setting up the was
to generate economic activity, promotion of goods and services, promotion of investment from domestic
and foreign sources and creation of
employment opportunities development of infrastructure facilities.
Today the Falta SEZ is one of the most
important economic areas of the nation. Apart from Falta SEZ there is 1
Sector Specific Gem and Jewellery
Manikanchan SEZ in WB , 5 IT/ITES
14
EPCES NEWS | October-December 2014
The Raod Show discussion in progress
SEZ’s in WB and 2 IT SEZ’s in Odisha
SEZ’s under the jurisdiction of the
Zonal Development Commissioner.
The Export Performance for the
SEZ’s in ER and NER is given in the box.
●
●
Substantial rise in the Multiproduct Falta SEZ. It can also be
inferred that there will be a substantial increase in the overall
figure for the last 5 fiscal years.
FSEZ is looking a positive vision
toward the increase of export in
the multi-product Falta SEZ in
the coming year as revived solar
panel and solar cell export market and food agro, textile and engineering are the other sectors
which are rapidly picking up
pace with the foreign buyers.
Falta SEZ in the socio and economic point of view has taken many
recent initiatives that fill up the gap,
if considered as demerit of location
of the zone far away from urbanisation. Few of the initiatives are functional jetty, uniform labour wages,
ESIC dispensary, foreign post office,
crèche and opening of a bank.
Among the other recent initiatives taken by the Zonal Development Commissioner towards “Ease
of Doing Business” and for wide publicity towards good governance in
order to bring back the focus of the
investing community and potential
investors. The following road shows
were done at different places of Eastern and North East Region.
1) Road Show on IT/ITES Sectors at
TCS, STPI, Salt Lake City, Kolkata
was held on December 12, 2014. The
event was successful with full house
of 110 participants. The dignitaries
Contd. on Page 17
in Rs crore
Shri Sanjeev Nandwani, Development Commissioner, Falta SEZ
addressing during the Raod Show on SEZs
EPCES Participation in trade fairs/exhibitions abroad during 2014-15
Upcoming Buyer Seller Meets at Tokyo and Osaka
Export Promotion Council for EOUs and SEZs will organise Buyer Seller Meets at Tokyo and Osaka, Japan in March, 2015
for increasing the trade between India and Japan. The meets are being organised by publicising the concept of SEZ
Scheme and attracting foreign investments in SEZs in India, increasing exports, manufacturing and generation of employment in the country. The sectors to be covered at the Buyer Seller Meets are electronic hardware, food processing, automotive components, energy saving apparatus sectors and IT/ITES. Market Development Assistance will be
permissible to EOUs and SEZ units, who are the members of the Council as the guidelines.
Kindly send your confirmation for the above events by email: [email protected] or by fax at 011-23329770.
October-December 2014 | EPCES NEWS
15
CIRCULARS TO WATCH
CBDT Clarification regarding
allow ability of deduction under Section 10A/10AA on transfer of Technical Manpower in the case of Software
Industry.
CBDT Circular No. 12/2014 dated
18th July, 2014 was issued to clarify
that mere transfer or re-deployment of
existing technical manpower from existing unit to a new SEZ unit in the first
year of commencement of business
will not be construed as splitting up or
reconstruction of an existing business,
provided the number of technical manpower so transferred does not exceed
20 per cent of the total technical manpower actually engaged in developing
software at any point of time in the
give year in the new unit.
Now CBDT has revised the limit of
20 per cent to 50 per cent after receiving representations from Indian Software Industry that the present limit of
20 per cent is inadequate and restrictive thus it impacts the competitiveness of Indian Software Industry in
global market.
Accordingly, CBDT had issued Circular No. 14 dated 8/10/2014 informing that●
“In supersession of the Circular
No. 12/2014 dated 18th July, 2014,
it has now been decided that the
transfer or re-deployment of technical manpower from existing
unit(s) to a new unit located in
SEZ, in the first year of commencement of business, shall not
be construed as a splitting up or
reconstruction of an existing business, provided the number of
technical manpower so transferred as at the end of the financial year does not exceed 50 per
cent of the total technical manpower actually engaged in development of Software or IT enabled
products in the new unit.”
●
Further, in the alternative, if the assessee (enterprise) is able to
16
EPCES NEWS | October-December 2014
●
demonstrate that the net addition
of the new technical manpower in
all units of the assessee (enterprise) is at least equal to the number that represents 50 per cent of
the total technical manpower of
the new SEZ unit during such previous year, deduction under section 10A/10AA would not be denied
provided the other prescribed conditions are also satisfied”
For the sake of clarity, it is stated
that the assessee will have a
choice of complying with any of
the two alternatives given in para
3 and 4 above”.
The Central Board of Direct Taxes
(CBDT) has raised the limit for transferring technical manpower from existing units to a new unit in a SEZ, from
20 per cent to 50 per cent and tax holiday should not be denied if the assessee (enterprise) is able to
demonstrate that the net addition of
the new technical manpower in all
units of the assessee (enterprise) is at
least equal to the number that represents 50 per cent of the total technical
manpower of the new SEZ unit during
such previous year. This move is a welcome step and will benefit the software industry.
(EPCES CIRCULAR NO. 196 DATED 13-10-2014)
All Industry Rates of Duty Drawback effective from 22-11-2014
Central Board of Excise and Customs, Department of Revenue, Ministry of Finance has issued Circular
No. 13/2014-Customs dated 18.11.2014
(copy enclosed), revising All Industry
Rates (AIR) of Duty Drawback vide Notification No. 110/2014-Customs (NT)
(copy enclosed).
CBEC Circular No. 13/2014-Customs explained some of the broad aspects from amongst the changes
notified with respect to AIR of Duty
Drawback and entries in the Schedule.
Members are requested to kindly
go through the revised AIR Duty Drawback Schedule at the following link:http://www.cbec.gov.in/customs/d
bk-schdule/dbk2014/dbk-sch201415.pdf
(EPCES CIRCULAR NO. 197 DATED 19-11-2014)
Uniform List of Services to be followed in SEZs – reg
EPCES has received representation
from SEZ Developers and SEZ Units
that Office of the Development Commissioners are insisting to apply fresh
for those authorized services which
are already approved earlier for the
SEZ Unit/Developer.EPCES has taken
up this issue with the Department of
Commerce and accordingly Director
(SEZ), Department of Commerce has
issued Instruction No. 83 dated
21/11/2014 reiterating that directions
issued vide Instruction No.79 dated
19.11.2013 may be followed and Development Commissioners should not insist on fresh application for authorized
services already approved by UAC.
(EPCES CIRCULAR NO. 198 DATED 24-11-2014)
24 x 7 Customs clearances
The Honourable Union Minister
for Finance, while presenting the
Union Budget for 2014-15, announced
that the 24x7 Customs clearance facility would be deepened and extended. Accordingly, Central Board of
Excise and Customs (CBEC), after detailed discussions, has decided that
with effect from 31.12.2014 the facility of 24x7 Customs clearance for
specified imports viz. goods covered
by ‘facilitated’ Bills of Entry and
specified exports viz. factory stuffed
containers and goods exported under
free Shipping Bills will be made available, at the following 18 sea ports:1.
Chennai
2.
Cochin
3.
Ennore
4.
Gopalpur
5.
JNPT
6.
Kakinada
7.
Kandla
8.
Kolkata
9.
Mumbai
10. New Mangalore
11. Marmagoa
12. Mundra
13. Okha
14. Paradeep
15. Pipavav
16. Sikka
17. Tuticorin
18. Vishakapatnam
CBEC has also decided that, with
effect from 31.12.2014, the facility of
24x7 Customs clearance for specified
imports viz. goods covered by facilitated Bills of Entry and all exports viz.
goods covered by all Shipping Bills will
be made available at the following 17
air cargo complexes:
1.
Ahmedabad
2.
Amritsar
3.
Bangalore
4.
Chennai
5.
Coimbatore
6.
Cochin
7.
Calicut
8.
Delhi
9.
Goa
10. Hyderabad
11. Indore
12.
13.
14.
15.
16.
17.
Jaipur
Kolkata
Mumbai
Nashik
Thiruanantapuram
Vishakhapatnam
CBEC has also given directions to
Chief Commissioners of Customs to
deploy sufficient number of officers on
24x7 basis at the specified locations
and to give wide publicity to this trade
facilitation measure.CBEC has issued
Circular No. 19/2014-Customs dated
31/12/2014 in this regard which may
kindly be referred.
(EPCES CIRCULAR NO. 199 DATED 2-1-2015)
1st EPCES Panel Meeting on SEZ Developers
The 1st meeting of EPCES Panel on SEZ Developers was held on December 26, 2014 under the Convenorship of Shri Sanjay Jain in the Conference Room of EPCES. The members finalized the composition of Panel on SEZ Developers and discussed the issues of SEZs. The issues discussed included
namely imposition of MAT and DDT, special privilege to SEZs established in tier-two cities and rural
areas, special focus to SEZs engaged in manufacturing sector, state Government to fall in line with
SEZ rules automatically and issues for Union Budget 2015-16.
2nd Regional Governing Council Meeting of EPCES
The 2nd Meeting of Regional Governing Council of EPCES, Noida SEZ was held on December 16,
2014 in the Conference Room of EPCES. The meeting was chaired by Shri R.M. Manroa, Regional
Chairman, EPCES, Noida SEZ. During the meeting, the Regional Governing Council decided the activities to be undertaken in the near future and also discussed the issues of EOUs and SEZs. During the meeting, Shri R.M. Manroa, Regional Chairman, EPCES emphasised that members should
make efforts to ensure that maximum renewals and new members are enrolled from Noida SEZs.
Export Performance of Falta Special Economic Zone
from different houses and regional
heads from different IT/ITES Exporters were also present.
2) Road show on multi-product sectors was held at Vanijya Bhawan,
Kolkata on December 12, 2014.
The event succeeded in gathering of 80 participants. The forum
successfully promoted emphasizing the importance of SEZ to
boost up trade and investments
in India and also the advantages
for the exporters in SEZ with
stress on the role of Indian Gov-
ernment to improve and establish the fact of ease of doing
business, ranking for India and
to promote the Make in India Initiative was rightly delivered.
3) Road Show on IT/ITES and Manufacturing Sectors has been held at
Hotel Empire in Bhubaneswar,
Odisha. The event was organized in
association with FIEO and Additional DGFT, Kolkata and IDCO on
December 15, 2014. There were 130
participants across various sectors.
4) Road Show on IT/ITES and man-
Contd. from Page 14
ufacturing sectors was held in
Imphal Hotel at Manipur on December 20, 2014. Distinguished
dignitaries and participants
present at the event were Honourable Chief Minister, Industry
Minister, Chief Secretary and
Principal Secretary of Manipur
Government. The event was attended by over 105 participants.
A massive response was received from the exporters as
well as the prospective entre■
preneurs.
October-December 2014 | EPCES NEWS
17
TRADE ENQUIRIES
CANADA
Precious Stones (other than Diamonds) – Worked
(COQUITLAM) INC.
Coquitlam, British Columbia,
V3B 5R5
CREATIVE GEMS INC.
Toronto, Ontario, M5B 1B7
GEMME CANADIENNE P.A. INC. /
CANADIAN GEM P.A. INC.
Montreal, Quebec, H3A 3L6
CORONA JEWELLERY COMPANY
LIMITED
Toronto, Ontario, M6S 3N9
BYREX GEMS INC
Toronto, Ontario, M5B 1B7
BRINKHAUS JEWELS LIMITED
Vancouver, British Columbia,
V6E 2Y3
CANADA BEADING SUPPLY LTD.
Ottawa, Ontario, K2E 7L5
CAPILANO ROCK & GEM
North Vancouver, British Columbia,
V7P 2S1
MOUNTAIN GEMS LTD.
Burnaby, British Columbia,
V5C 2K6
ORKYD PEARLS.COM
Montreal, Quebec, H3S 1A7
PREMIER DIAMONDS (3646540)
Toronto, Ontario, M5C 2M6
RANA GEMS IMPORT LTD
IMPORTATIONS RANA GEMS LTEE
Montreal, Quebec, H3B 1M1
Quebec
H3R 3L5
Pharmaceutical Products: Vaccines – Human Uses
GLAXO WELLCOME
Mississauga, Ontario,
L5N 6L4
MERCK FROSST CANADA & CO. /
MERCK FROSST CANADA & CIE
Kirkland, Quebec
H9H 3L1
SANOFI PASTEUR
LIMITED/SANOFI
PASTEUR LIMITEE
Toronto, Ontario, M2R 3T4
Woven Fabrics of Noil Silk
SECA GEMS LTD.
Burnaby, British Columbia, V5M
4A2
J. ENNIS FABRICS LTD.
Edmonton, Alberta
T5B 1R1
TERAMY DESIGNER IMPORTER
AND ADVISOR INC
Mississauga, Ontario L5V 1X7
KB Properties Inc,
Vancouver, British Columbia
V5X 1A3
ULTRA MANUFACTURING LIMITED
Kitchener, Ontario, N2R 1S2
KRAVET FABRICS CANADA
COMPAN
Mississauga, Ontario
L5L 6A7
Natural Pearls
9039-2036 QUEBEC INC
Quebec, Quebec G2N 0B6
ARELI, E.A. IMPORT –
EXPORT ENREGISTRE
Montreal, Quebec, H3B 3G1
BEVERLY HILLS JEWELLERS
MFG. LTD.
Richmond Hill, Ontario, L4C 0A9
CAPILANO ROCK & GEM
North Vancouver,
British Columbia
V7P 2S1
DAHAVLAND CAPITAL
CORPORATION
Ottawa, Ontario, K2B 6R9
DALLANY JEWELLERY DESIGNS
18
EPCES NEWS | October-December 2014
Cigars, Cheroots and Cigarillos
(Containing Tobacco)
ROTHMANS, BENSON & HEDGES
INC
Toronto, Ontario M3B 3L1
SCANDINAVIAN TOBACCO GROUP
CANADA INC./GROUPE TABAC
SCANDINA
Longueuil, Quebec
J4K 5G7
SPIKE MARKS INC.
Mont-Royal
MARYAN'S FABRICS LIMITED
Toronto, Ontario,
M4N 2L5
MAXWELL FABRICS LTD.
Vancouver, British Columbia
LV5L 4C3
VICKY CLOTH HOUSE LTD.
Surrey, British Columbia
V3W 3E9
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