Dear Members,

 

This has reference to our recent mailers informing you about   CBIC Circular No.32/2020-Customs, dated 06.07.2020 wherein the Board has directed Customs Houses for setting up of Turant Suvidha Kendra (TSK) by 15.07.2020 for carrying out functions mentioned in Para 5 of circular No. 28/2020-Customs dated 05.06.2020.

 

In this regard, Public Notice 80/2020 dated 08.07.2020 was  issued by JNCH.

 

In continuation of the same the O/o  Commissioner of Customs,  (NS-III) JNCH have issued Public Notice NO. 82 /2020  dated 14 .07.2020  regarding  Setting up of the Turant Suvidha Kendra(TSK) for faceless assessment-reg.

 

We understand that TSK is being set up in JNCH with effect from 15.07.2020. This step is being taken in advance of the pan-India rollout of Faceless Assessment, which would be done in phases to be announced soon. 

 

TSK would be a dedicated cell manned by Customs officers to cater to following functions:

 

i. Accept Bond or Bank Guarantee (BG) in respect of import of goods including import related to Export promotion schemes;

 

ii. Carry out any other verifications that may be referred by Assessment Groups;

 

iii. Defacing of documents/ permits licences, wherever required; iv. Debit of documents/ permits/ licences, wherever required; and

 

v. Other functions determined by Commissioner to facilitate trade.

 

TSK will accept all types of Bonds like:

 

i. Provisional Assessment Bond 

ii. Warehousing Bond

iii. End User Bond

iv. No use bond

v. Letter of Undertakings 

vi. SVB Bond

vii. Re-export/Re-import Bond 

viii. Test Bond

ix. Project Import Bond

x. Bond for availing Concessional Duty/ Notification Benefits  xi. NB

xii. Bonds pertaining to License Section -DEEC/EPCG/MEIS/SHIS BOND

xiii. Any other Bond

 

The broad scheme of the TSK would be as follows:

 

i. In performing these functions, officers posted at the TSK will match the documents produced by the Customs Broker/ importer with the soft copies of those documents uploaded on e-Sanchit to verify their authenticity and record a remark to this effect on the ICES system.

 

ii. The document verification by Customs officers for Assessment and Customs Compliance Verification (CCV) stages is based on the documents uploaded in the e-Sanchit. However, in some situations, physical submission of documents is required for defacement, debiting, validation, etc.

 

iii. The importer has to upload all the documents in e-Sanchit for the purpose of Assessment and CCV before approaching the TSK officers with original documents.

 

iv. Assessment Group/ RMS Facilitation Centre officer will do the Assessment / CCV based on documents uploaded in e-Sanchit. 

 

v. While all the supporting documents will be available in System for the TSK officer to check, it may be ensured that the physical copies are seen only for those documents where defacement / debiting / verification is required, like Country of Origin Certificates. 

 

vi. The TSK officer will select such document in the System to see what has been uploaded by the importer in e-Sanchit and mark it as defaced / debited / verified in System after verifying it with the original physical document and defacing / debiting the original physical document. 

 

vii. Once in the database of the System, the defacement confirmation will be available to Assessment / OOC officer.

 

 

viii. Documents requiring verification during examination for validation with goods would

continue to be done during examination, as at present.

 

ix. All documents received in TSK will be acknowledged.

 

 

TSK will be functioning from the EDI Service Centre, JNCH with the following complement of Officers:

 

(a) Assistant / Deputy Commissioner

(b) Appraiser/Superintendent

(c) Examining Officer

(d) Tax Assistant

 

The contact detail of Turant Suvidha Kendra is as under –

 

EDI Service Centre, Ground Floor, JNCH

email: Tsk-jnch@gov.in

 

For contact details of officers posted in TSK, please visit JNCH website.

 

Members are requested to take note of above.  This PN is available for reference on below link-

 

http://www.jawaharcustoms.gov.in/pdf/PN-2020/PN-fu.pdf

 

 

Difficulties faced, if any, may be brought to the notice of above said TSK Contacts or  JC/ADC, TSK, NS-III, JNCH.

 

Members may also send their feedbacks, if any to us on email id's:  ed@chemexcil.gov.in,    deepak.gupta@chemexcil.gov.in,   adreach@chemexcil.gov.in & info@chemexcil.gov.in  for records/ examination.

 

 

Thanking you.

 

Yours faithfully

 

As you might be aware, Government has recently announced “Emergency Credit Line Guarantee Scheme"  to provide liquidity to the MSMEs in the wake of COVID-19 related economic stress.

 

 

 

Under the Scheme, 100% guarantee coverage to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) for additional funding of up to Rs. three lakh crore to eligible MSMEs and interested MUDRA. borrowers, in the form of a Guaranteed Emergency Credit Line (GECL) facility.

 

 

 

 

 

Details/ Salient Features of the Scheme

 

 

 

The Emergency Credit Line Guarantee Scheme (ECLGS) has been formulated as a specific response to the unprecedented situation caused by COVID-19 and the consequent lockdown, which has severely impacted manufacturing and other activities in the MSME sector.

 

 

 

The Scheme aims at mitigating the economic distress being faced by MSMEs by providing them additional funding of up to Rs. 3 lakh crore in the form of a fully guaranteed emergency credit line.

 

 

 

The main objective of the Scheme is to provide an incentive to Member Lending Institutions (MLIs), i.e., Banks, Financial Institutions (FIs) and Non-Banking Financial Companies (NBFCs) to increase access to, and enable availability of additional funding facility to MSME borrowers, in view of the economic distress caused by the COVID-19 crisis, by providing them 100 per cent guarantee for any losses suffered by them due to non-repayment of the GECL funding by borrowers.

 

 

 

The salient features of the Scheme include –

 

 

 

i. All MSME borrower accounts with outstanding credit of up to Rs. 25 crore as on 29.2.2020 which were less than or equal to 60 days past due as on that date, i.e., regular, SMA0 and SMA 1 accounts, and with an annual turnover of up to Rs. 100 crore would be eligible for GECL funding under the Scheme.

 

 

 

ii. The amount of GECL funding to eligible MSME borrowers either in the form of additional working capital term loans (in case of banks and FIs), or additional term loans (in case of NBFCs) would be up to 20% of their entire outstanding credit up to Rs. 25 crore as on 29th February, 2020.

 

 

 

iii. The entire funding provided under GECL shall be provided with a 100% credit guarantee by NCGTC to MLIs under ECLGS.

 

 

 

iv. Tenor of loan under Scheme shall be four years with moratorium period of one year on the principal amount.

 

 

 

v. No Guarantee Fee shall be charged by NCGTC from the Member Lending Institutions (MLIs) under the Scheme.

 

 

 

vi. Interest rates under the Scheme shall be capped at 9.25% for banks and FIs, and at 14% for NBFCs.

 

 

 

 

 

Implementation schedule:

 

The Scheme would be applicable to all loans sanctioned under GECL during the period from the date of announcement of the Scheme to 31.10.2020, or till an amount of Rs three lakh crore is sanctioned under the GECL, whichever is earlier.

 

 

 

Members are requested to take note of above features of the ECLGS Scheme and  may avail, if applicable.

 

 

 

For operational guidelines and FAQs, please use below links on NCGTC site-

 

 

 

 

 

https://www.eclgs.com/documents/ECLGS%20-%20Operational%20Guidelines-Updated%20-%2002.06.2020.pdf

 

 

 

 

 

https://www.eclgs.com/documents/FAQs_on_ECLGS-Updated_as_on_06.06.2020.pdf

 

 

 

 

 

Please note that above information is being provided only as a service to the members in good faith.  For further details/ queries, Please contact your bank and financial institutions.

 

 

 

You may also send your feedback to the council on info@chemexcil.gov.in .

 

 

 

 

 

Thanks and Regards,

 

 

 

 

 

S G Bharadi

 

Executive Director

This is with reference in view of the disruption in supply chains due to the Corona virus. As you aware that Coronavirus epidemic is a matter of grave concern for the entire world, it is incumbent on larger economies like India to fill up the gaps in the global market. Countries which had been depending on China have learnt a lesson they should have an alternative market for sourcing and India was expected to be their preferred destination. So in the coming few months can provide our exporters greater market access in the absence of usually aggressive and competitive Chinese suppliers.

 

 

 

As a part of special measures under the national emergency to combat the spread of COVID-19 in Peru, has announced a zero per cent import duty on 65 products which include organic and inorganic chemicals, medicament, medical appliances, articles of vulcanised rubber, super absorbent polymers, etc. this is to overcome the likely supply chain disruption. Though a temporary measure intended for 90 days with effect from 13 March, it is likely to be extended for a longer period. Peru currently imports these items from China, USA, and EU countries, with which it has Free Trade Agreements, while imports from India attract 6% duty. According to Lima Chamber of Commerce (LCC) and the Association of National Pharmaceutical Industries, the measure (to remove duty) would incentivize Peruvian importers to source these products from other markets such as India.

 

 

 

In this context on our request we have received tremendous support from the High Commission of India in Peru and we have received information from them that President of Anders Peru S.A.C., Mr. Peter Anders – which has major presence in Peru as distributor of chemicals and intermediate products in different industrial sectors, has expressed interest in establishing contacts with potential suppliers in India. Mr. Anders approached the Embassy for support and guidance for sourcing chemicals and ingredients in the following sectors:

 

 

 

•        Coatings and adhesives

 

•        Plastics

 

•        Flexo painting

 

•        Home and personal care (cosmetics and perfumes)

 

•        Industrial and institutional hygiene

 

•        Electroplating

 

•        Textiles

 

•        Paper industry

 

•        Food additives

 

 

 

Mr. Anders has stated that they are currently importing dyes from India for the paper industry, and that they are keen to build and expand company’s trade relations with Indian suppliers.

 

 

 

Anders Group is a well reputed Peruvian company in the chemicals sector and it is a regional South American distributor of specialty chemicals, ingredients and industrial equipment. It was founded in 1964 and has 56 years of market experience. Its headquarters is located in Lima, Peru. The group with more than 150 employees and a turnover of over US$ 60 million, has commercial offices and warehouses in Peru, Bolivia, Ecuador, Chile and Colombia. The group company presentation is attached herewith for your ready reference. Mr. Anders also informed that he would like to use company’s distribution centre in Lima as a hub for supplies to countries in the region.

 

 

 

Mr. Anders’ proposal offers a good opportunity to tap into the Peruvian market, especially when exports of organic chemicals from a major supplier to Peru has dropped by 17%  and those of inorganic chemicals by 13% during the period January – April 2020.

 

 

 

We may request to our members to contact directly with Anders Peru S.A.C to expand business in Peruvian market. The details are mentioned below

 

 

 

            Mr. Peter Anders

 

            President of the Board

 

            Anders Peru S.A.C.

 

            E.mail: peter.anders@qanders.com 

 

 

 

Further, as desired, please find attached Lists of potential importers in Peru under Chapters 28, 29, 32, 33, 34, and 38.

 

 

 

We may request to our member exporters to take advantage of this opportunity and export to Peru.

 

 

 

Members  may also  send their comments / feed-back  on  our e-mail id’s:  ed@chemexcil.gov.in;  adreach@chemexcil.gov.in; deepak.gupta@chemexcil.gov.in; rokolkata@chemexcil.gov.in & robengaluru@chemexcil.gov.in  

 

 

 

Thanks and best regards,

 

 

 

S G BHARADI

 

EXECUTIVE DIRECTOR

 

CHEMEXCIL

 

BASIC CHEMICALS, COSMETICS & DYES EXPORT PROMOTION COUNCIL