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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road, Mumbai – 400 001.
Tel : 91-22-22021288, 22021330 Fax : 91-22-22026684.
E-mail : info@chemexcil.in
Website : http://www.chemexcil.in
EPC: 58th CHEMEXCIL AGM 15th September 2021
TO,
ALL THE MEMBERS OF THE COUNCIL
NOTICE OF THE 58TH ANNUAL GENERAL MEETING ALONG WITH THE
ANNUAL REPORT FOR THE YEAR 2020-21
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Dear Members,
Notice is hereby given that the 58th Annual General Meeting of the BASIC CHEMICALS, COSMETICS AND DYES EXPORT PROMOTION COUNCIL, Mumbai will be held through video conferencing via https://meet.google.com/hix-nwyv-wsd on the Thursday, 30th September, 2021 at 4.00 pm to transact the following business:
1. Chairman’s address
2. To receive, consider and adopt
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Annual Report of the Working Committee for the year ended as on 31st March, 2021
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The Audited Income and Expenditure Accounts for the year ended as on 31st March, 2021
c. Balance Sheet as on 31st March, 2021
3. To place on record the names of the Committee Members under Para 32.2 (b)
4. To appoint and fix the remuneration of the Auditors as required under Para 32.2 (c)
5. To revise Membership fees w.e.f. 1st April, 2022 as approved in the 2nd Meeting of the CoA held on 14th September, 2021 via virtual platform.
To consider and, if thought fit, approve with or without modification(s) the following resolution as anOrdinary Resolution:
“RESOLVE THAT pursuant to the applicable provisions of the Companies Act, 2013 read with the relevant rules thereunder (including any statutory modifications(s) or re-enactment thereof, for the time being in force as amended from time to time) and, as per Bye-Laws of the Council, the consent of the Members be and is hereby accorded to revise Membership Fees w.e.f. 1st April, 2022.
RESOLVED FURTHER THAT the members of the Committee of Administration of the Company be and are hereby authorized to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this resolution.”
By order of the Committee of Administration
Sd/-
(Deepak Gupta)
Acting Executive Director
Basic Chemicals, Cosmetics & Dyes
Export Promotion Council
Place: Mumbai
Date: 15th September, 2021
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NOTES:
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In view of the Covid-19 pandemic, the Ministry of Corporate Affairs (“MCA”) has vide its circular dated January 13, 2021 read with circulars dated April 8, 2020 ,April 13, 2020 and May 5, 2020 (collectively referred to as “MCA Circulars”) permitted holding of the Annual General Meeting of companies through Video Conferencing or Other Audio Visual Means (“VC/OAVM”), without physical presence of the Members at a common venue.
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In compliance with applicable provisions of the Companies Act,2013(“theAct”) read with the MCA Circulars, the 58th Annual General Meeting of the Company is being conducted through Video Conferencing (“VC”)(herein after refer redtoas“AGM’ or “e-AGM”).In accordance with the Secretarial Standard-2 on General Meeting issued by the Institute of Company Secretaries of India (ICSI) read with Guidance/Clarification dated April, 15, 2020 issued by ICSI, the proceedings of the AGM shall be deemed to be conducted at the Registered Office of the Company which shall be the deemed Venue of thee-AGM.
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Since this AGM is being held pursuant to the MCA Circulars through VC, physical attendance of Members has been dispensed with. Further as per the MCA Circulars, the facility for appointment of proxies by the Members will not be available for the- AGM.
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Corporate Members intending to send their authorized representative(s) to attend the Meeting are requested to send a certified copy of the Board resolution authorizing their representative to attend and vote on their behalf at the Meeting.
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The Members can jointhee-AGM15 minutes before and after the scheduled time of the commencement of the AGM by clicking on the link mentioned in the Notice.
Any member desirous of asking questions on the accounts of the Council or any other Queries during the meeting, is requested to send the same in writing to the Acting Executive Director, on or before 23rd September, 2021 by 3.00 pm
Members who may require any technical assistance or support before or during the e-AGM are requested to write us on info@chemexcil.in.
The soft copy of the 58th Annual Report of the Council for the year ending 31st March 2021 is uploaded on the Council’s website (https://chemexcil.in) which is approved in the 2nd meeting of the Committee of Administration of the Council on 14th September, 2021.
The following Soft Copies are uploaded on the Council’s website which are approved in the 2nd CoA meeting of the Council held on 14th September, 2021 (https://chemexcil.in)
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58th Annual Report of the Council for the year ended 31st March, 2021
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Revised membership/entrance fees of the Council w.e.f. 1st April, 2022
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The Explanatory Statement pursuant to Section 102(1) of the Companies Act, 2013, in respect of Ordinary Resolution to be transacted at the meeting, is here to annexed.
By order of the Committee of Administration
Sd/-
(Deepak Gupta)
Acting Executive Director
Basic Chemicals, Cosmetics & Dyes
Export Promotion Council
Place: Mumbai
Dated:15th September, 2021
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Explanatory Statement pursuant to Section 102 of the Companies Act, 2013
Item No. 5
The existing Membership / Entrance Fees of the Council is as below which is effective from 1st July, 2017.
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(Amount in Rs.)
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Category
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Membership Fees
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Entrance Fees
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Total Amount
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GST @ 18%
(Within Maharashtra)
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IGST @ 18% (Anywhere in India)
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Total Amount To Be Paid
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CGST @ 9%
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SGST @ 9%
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Large Scale Manufacturer (LSM)
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29500
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10500
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40000
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3600
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3600
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7200
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47200
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Small Scale Manufacturer (SSM)
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6500
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2000
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8500
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765
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765
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1530
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10030
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Merchant Exporter
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9000
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3500
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12500
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1125
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1125
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2250
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14750
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LSM cum Merchant Exporter
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38500
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14000
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52500
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4725
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4725
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9450
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61950
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SSM cum Merchant Exporter
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15500
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5500
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21000
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1890
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1890
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3780
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24780
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However, Council of Administration (COA) in its 2nd Meeting held on 14th September, 2021 has revised the Membership / Entrance Fees subject to approval by the Members as mentioned below:
Any new MSME member (Entity must submit Udyog Aadhar certificate issued by MSME) desires to take membership of Chemexcil it will be charged Rs. 1000 as Membership fees and Rs. 500 as one-time entrance fees. GST shall be charged extra as applicable.
MSME Classification
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Type of MSME
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New Classification (annual turnover)
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Micro
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Not exceeding Rs 5 crores
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Small
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Between Rs 5 crores to Rs 75 crores
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Medium
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Rs 75 to Rs 250 crores
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During the renewal of membership of MSME, MSME Members should submit the Chartered Account certified Export Turnover certificate. The following fees structure will be applicable while renewing the Chemexcil Membership.
Manufacture and Merchant Exporters
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Sr. No.
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FOB Exports (in Rs.)
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Proposed Membership Fees (in Rs.)*
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1
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0-10 Lacs
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6500
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2
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Above 10-25 Lacs
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8500
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3
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Above 25 Lacs - 1 Crore
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14000
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4
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Above 1 Crore - 10 Crores
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18000
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5
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Above 10 Crore - 20 Crores
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22000
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6
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Above 20 Crores - 50 Crores
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29000
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7
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Above 50 Crores - 100 Crores
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35000
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8
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Above 100 Crores - 250 Crores
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40000
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9
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Above 250 Crores - 500 Crores
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45000
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10
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Above 500 Crores - 1000 Crores
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50000
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11
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Above 1000 Crores
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55000
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*Plus GST
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Temporary Membership: - Any entity desires to become temporary member of Chemexcil for the purpose of availing any statutory benefit, Membership fees of Rs. 5000/- & Entrance Fee of Rs. 500/- (totaling Rs.5,500 + GST as applicable ) will be charged.
For any modification/amendment in membership/RCMC certificate, an amount of Rs. 1000/-+applicable GST will be charged as administrative fees from the entity.
The CoA has approved the revision in fees because of the change in the criteria of MSME in June 2020, revenues of Council have declined as many erstwhile large scale manufactures have now shifted to MSME category where the membership fees is much lower.
The Committee of Administration of your Company recommends the Resolution as set out in Item No. 5 of the accompanying Notice for the approval of Members of the Company as Ordinary Resolution.
None of the members of the Committee of Administration of the Company or their relatives are in any way, concerned or interested, financially or otherwise, in the said resolution except to the extent of their shareholding, if any.
By order of the Committee of Administration
Sd/-
(Deepak Gupta)
Acting Executive Director
Basic Chemicals, Cosmetics & Dyes
Export Promotion Council
Place:Mumbai
Dated: 15th September, 2021
Encl : CHEMEXCIL ANNUAL REPORT
Revised Membership fees of the council w..e.f. 1st April 2022
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