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/PROJ/ LAC /23-24                                                                           14th July 2023

ALL THE MEMBERS OF THE COUNCIL

Dear Sir/Madam,

Greetings from CHEMEXCIL !

This has reference to our previous circular dated 30th June, 2023 regarding Chemexcil’s Buyer – Seller Meet in Argentina & Chile during 7th – 10th August, 2023.

We wish to inform our member companies that the council in consultation with our Indian missions abroad and participants confirmed for the subject cited delegation has decided to postpone the dates of the event in month of October, 2023.

The new dates have been decided keeping view to ensure maximum participation from member companies and showcase a wider spectrum of India’s chemical industry during the scheduled events in Argentina & Chile.

Kindly refer to the revised schedule as below: 

The venue may change in view of rescheduled dates. Kindly consult Chemexcil before securing any accommodation at destination countries.

Note:

1.  It is mandatory to participate in Both (Two) Buyer Seller Meets in order to avail MAI benefit.

2.  Dates of the event have been finalized with after due consultation with the Indian Missions at respective destinations.

3.  Participation charges mentioned are subsidized rates & are non-refundable.

4.   Translator Services (if required): This service will be provided on a chargeable basis. The translator fee will be confirmed before the month, and payments can be made on the spot to the service provider directly.
Participation Guidelines:

A.   MAI GRANT

a.  The event is proposed to be covered under the Market Access Initiative (MAI) scheme of the Ministry of Commerce & Industry, Govt. of India for the year 2023-2024. 

b.  MAI grant in terms of Participation Charges & Air fare Charges will be available only to eligible 25 no. of exhibitors on first come (Payment) first served (Allocation) basis.

c. As per the MAI guidelines of the Ministry, a company which has participated THRICE in a particular Fair/Show will not be eligible for any reimbursement of MAI grant.

d. Companies which have participated in three events through CHEMEXCIL in the same financial year (2023-2024) under MAI scheme will not be eligible for MAI grants.

e.  Charges mentioned for participation in this event are the subsidized rates hence no refund will be initiated by council during or after the event.

B.   AIR FARE GRANT

a. Those who would like to join this BSMs are eligible to get reimbursement of travel expenses by air. (Actual or maximum of up to Rs.1,50,000/- whichever is less)

b.  As per the updated guidelines, it is mandatory for the companies to have minimum annual export turnover of INR 50 lacs in the preceding financial year to avail reimbursement of airfare.)

c. Companies having NIL export turnover will also be eligible for 50 % airfare reimbursement subject to minimum turnover (domestic sales) of INR 50 Lacs in the preceding financial year. (Allowed only to  10% of total number of participants i.e 2 companies for this event)

d.  Reimbursement of air-fare (is only eligible for economy class) to the exporting companies (Exhibiting Company) with an F.O.B. value of exports below Rs. 50 crore in the preceding financial year.

e.  Members should have completed 12 months of Membership of council.

f.    Regularly filing Export returns with the council

f.     Air fare will be permissible only to the regular Director / Partner/Proprietor or a regular officer of the company on senior managerial position.

g.   Air fare Claim forms duly filled in and complete in all respects must be submitted to the council within 45 days of return to India.

 C.   GENERAL

a.    A company having DEL STATUS (as per DGFT) is not eligible for participation under MAI scheme.

b.     Once the event is over, participants must submit the outcome report. Format will be provided by Chemexcil on site or on email

c.     Chemexcil will issue a visa recommendation letter as soon as you complete and submit the payment details. Please send us the scan copy of the passport photograph of the person along with his designation in the attached Excel form who is attending this event. It is mandatory to submit the scan copy of the passport photo.

d.      In case of short participation, the council will not participate and organize the BSM hence before booking air tickets and hotel accommodation do consult with the Council.

e.    The Airfare Reimbursement will be done after finalization of Accounts in Ministry & Subject to receipt of funds from the Govt. of India.

f.    The Event is being organized on a best efforts basis.  However, all the exhibitors/participants are expected to use their commercial jurisprudence while negotiating prices, payment terms, and delivery terms. CHEMEXCIL cannot guarantee the market credibility and/or financial stability of any buyer attending these meetings.

g.   In every country, the Council does not guarantee a specific number of meetings.

h.   The Council does not guarantee any food or other hospitality arrangements during or after the event.

i.     Members can contact & invite their buyers in those countries for the BSM.

j.      Company profile and Participation fees must reach in 7-days’ time. Please send your company profile, Application form 1 & 2 form in attached format to   rd.del@chemexcil.in  with a copy to  pw@chemexcil.in   latest by 25th July, 2023.
                  
 

D.   BSM CANCELLATION

a.       No refund in case of
§  Any cancellation from Participating Company
§  If payment is processed to respective vendors by council
§  If the venue changes at the last moment by the organizer

b.   Full Refund will be initiated if the council withdraws / Cancels the event because of some reasons.

E. TERMS OF PAYMENT:- Full Payment in Advance
F. MODE OF PAYMENT:- By Bank transfer at below bank

Name of Account                   : -         CHEMEXCIL SBI A/C. NO. 10996680758
Account No                           : -         10996680758
Type of Account                     : -         Current
Name and address of Bank    : -         STATE BANK OF INDIA, MUMBAI MAIN BRANCH
IFSC CODE:- SBIN0000300

Since we have limited space, participation will be on a first come (Payment) first served (Allocation) basis.

For confirming your Interest and more information please contact Mr. Kumar Siddhartha, Regional Director, CHEMEXCIL at Email -  rd.del@chemexcil.in , Mob - +91-7678215558.

We hope that this event will provide an opportunity for fruitful interaction and attractive business deals for our exporting community.

Thanking you and awaiting your kind communication.

Yours faithfully,

Prafulla Walhe
Deputy Director
CHEMEXCIL

Encl:-
1. MAI Application Form
2. Revised Format of Participants Application Form
3. Company Profile