Dear fellow exporters,
Exporting community welcomed the introduction and soft landing of GST from 1st July 2017. To ensure that effects of GST gets absorbed smoothly by the EXIM community, the GST Council has taken a deep insight into various aspects of Exports. However, few anomalies in the system that may become a concern for exporters are being taken up with the GST Council from time to time.Here, I would like to commend the support and prompt clarifications issued by CBEC/ GST policy wing in current issues which exporters are facing and efforts to resolve it.
GST is a most progressive tax reform it will be bit difficult period of six months lay ahead of exporters from July. There were some loose ends to be tied up, but the Government and the officials had assured us that they would co-operate fully with the trade and exporters in the switch-over to GST and there would not be any hassles.
Friends, it was time to march ahead and "we will have to move into the new tax regime in a positive frame of mind and let us have one nation and one tax."
I request my exporter’s colleague who had not yet registered themselves under the GST regime to register under GST and intimate council about your GST registration details.
Chemexcil has already updated you all on various updates on GST by arranging capacity development seminars on GST in order to get you the knowledge on it.
I personally met Hon. Shri. Devendra Fadnavis, Chief Minister of Maharashtra along with Shri. Subhash Desai Minister for Industries and Mining, Government of Maharashtra on 23rd July 2017 and discussed the various industrial issues in Maharashtra and Konkan related Lote Parshuram, MIDC area and industrial infrastructure. It was requested to overcome the issues related to MIDC as early as possible. Hon. Shri. Devendra Fadnavis, Chief Minister of Maharashtra and Shri. Subhash Desai Minister for Industries and Mining, Government of Maharashtra took the note of it and assured me to overcome related issues fruitfully.
Besides this, CHEMEXCIL participated in Chemspec Europe-2017 exhibition being organized by M/s. MACK BROOKS EXHIBITIONS LIMITED UK, 31st May - 1st June-2017 at hall A5 and A6 at Munich Trade Fair Centre in Germany. Altogether 49 chemexcil member-exporters participated in this exhibition. Chemexcil Pavilion was inaugurated by Mr. Sugandh Rajaram, Consul General of India, Munich, Consulate General of India, Munich, Germany, on 31st May 2017at 10.00am the show was grand success.
Council also organized awareness seminars on GST in association with Service Tax Commissioner, Ahmedabad on 9th June 2017 at hotel Ramada, Ahmedabad. Shri Aseem Kumar Vaibhav, IRS, Deputy Commissioner, ServiceTax, was a Key speaker of this Seminar. The officer covered important topics such as -Introduction to GST, Overview of GST, Registration, Returns, Refunds, GSTN etc.
Council also organize GST seminars in Bangalore on 14th July 2017, in Mumbai 26th July 2017, in Ahmadabad on 25th July 2017. We also published GST FAQ’s on our website based on feedback from exporting community. I hope you all will be befitted from this capacity building initiative of GST awareness
Council submitted exporter’s issues in Mid-term review of Foreign Trade Policy, 2015-2020 & re-aligning of FTP schemes in line with rollout of GST during the Board of trade meeting on 20th June 2017 to Department of Commerce and Industry, New Delhi issues like Status of Export Incentives under GSP Framework/ Re-alignment of Schemes, Request for continued Incentives Support To Overcome Trade Barriers In Overseas Markets, Expansion Of Interest Equalization Scheme by Including more tariff Lines for Non- MSME’s & cover Merchant Exporters, Import of technical pesticides, Solution for Persistent Technical Difficulties Related to DGFT Server/ Icegate/ BRC, Caution Listing Of Exporters, Environment Related Controls, Business with Countries on OFAC List, etc. The detailed presentation is stated in this bulletin separately.
SHRI SATISH W. WAGH