E - NEWS LETTER Issue · 2016-11-25 · Benami Property Transactions Act, 1988 has been amended by...
Transcript of E - NEWS LETTER Issue · 2016-11-25 · Benami Property Transactions Act, 1988 has been amended by...
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
E - NEWS LETTER
Estd 1953 A Monthly Newsletter
Issue 8 Date
07.11.2016
Dinesh Gupta President – GCCI
Babubhai Humbal Vice President
Murlidhar Jagani Hon. Secretary
Aashish S. Joshi Hon. Jt. Secretary
Rewa R. Kalwani Treasurer
Bulletin Committee
Nandlal R. Goyal Convener
Mahadev Rajani
Anuj Sharma Members
For Advertisement Contact
99250 37814
Co-ordinated by Ashok P. Vora
Arpan Vachharajani
Published and Owned by
The Gandhidham
Chamber of Commerce
& Industry,
Plot No. 71, Sector – 8,
“Chamber Bhavan”,
Gandhidham – Kutch Mail:[email protected]
Wish you all a very
Happy Diwali & Prosperous New Year
Our country presents Diyas or Lights and Green Shoots which
can revive the economy by dispelling darkness in the dark night
of global economic scenario. The key indicators of the direction
of our economy presents a deepmala through our ports and energy
sector which gives you a flavour of where India stands.
Our Chamber has successfully organised a Seminar on GST
where eminent speakers delivered a road-map for upcoming new
regime.
Our Chamber is constantly actively and vigorously following
with various central, state and local agencies for outstanding
issues like land matters of Gandhidham Township, air
connectivity with Mumbai and Delhi from Kandla Aerodrome,
Railway issues, PGVCL issues, matters with Gandhidham
Municipality etc. and hope some positive visible outcome will
emerge in coming days.
Please write to us your opinion and suggestions.
Wish you happy reading of plethora of information contained in
the issue.
Dinesh Gupta
President
President’s Desk
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
DIWALI – NEW YEAR SNEH MILAN AT CHAMBER
As per our tradition, Diwali – New Year Sneh Milan was held on 31st October, 2016 at Chamber Bhavan.
Large number of members, representatives of the various Associations affiliated with the Chamber,
prominent political leaders, senior officers etc. attended the Sneh Milan and exchanged good wishes for the
New Year.
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
The Gandhidham Chamber of Commerce & Industry organised a seminar on “GST – A Regime Ahead” on 22nd October,
2016 from 11:00 am onward at Chamber Bhavan wherein experts Mr. Sumit Dutt Majumder, Former Chairman,
Central Board of Excise and Customs & Mr. Shailendra Kumar, Founder & CEO, TaxIndiaonline.com.Pvt.Ltd. (TIOL)
addressed the seminar.
At the outset, Mr. Murlidhar B. Jagani, Hon. Secretary of Chamber welcomed all and Mr. Dinesh Gupta - President &
Mr. Babubhai B. Humbal, Vice President welcomed the guest by presenting bouquet & book.
Mr. Majmuder highlighted importance of GST in Indian economy and narrated its historical journey & development.
The introduction of GST in India has taken more than expected times as broad based consensus has been arrived after
prolonged deliberation among politician, bureaucrats & business fraternity. He explained about four business process
of GST namely (1) Registration (2) Payment (3) Return (4) Refund and its three components i.e. CGST, SGST & IGST.
He said that the whole system of GST is based on operation through electronic portal and it will be essential to punch
all transaction details alongwith uploading of relevant documents mainly, Invoice etc. He stressed the need to accept
and adopt the system with free mind so that least problems will arise. He highlighted the importance of role of
Accountant and specifically professionally qualified CA as well as commerce graduated persons. At the end, he insisted
for mass campaign movements for the awareness of GST.
Mr. Shailendra Kumar narrated about various tax systems adopted from time to time during journey from India’s
independence till to date and briefed the audience about GST’s origin and up & down while creating its road-map for
the implementation in Indian under federal structure of Indian constitution. He highlighted the role of computer and
information technology in implementation of GST regime. He explained about tax compliance and input tax credit
matters. He reminded all that GST council is very much active for final shape up of GST regime and Central Govt. too
is preparing itself for the scheduled implementation of GST w.e.f. 1st April, 2017.
Therefore, an interesting session of Q & A started and both of them gave convincing & satisfactory replies. Due to time
constraints, Mr. Shailendra Kumar expressed his readiness to send reply to remaining questions to be routed through
GCCI. In this connection, Mr. Dinesh Gupta, President of Chamber requested all to send their questions to the
Chamber at the earliest to compile and arrange answers accordingly.
FAQs ON GOODS & SERVICE TAX
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
Short News
Global shipping crisis deepens as cargo line NYK
takes multi-billion yen hit
The storm in the global shipping market is showing no
signs of abating with a major Japanese cargo line
warning it will take a multi-billion yen hit. Nippon
Yusen Kabushiki Kaisha (NYK) has warned its half-
year results will take a 195bn yen (£1.5bn) impairment
because of write downs on the value of its ships, and
that it would take a 35bn yen provision for losses on
contracts. NYK is Japan’s largest cargo shipping line by
revenue and said the “prolonged slump in the shipping
market” was to blame for the impairments.
READ MORE
Shipping ministry moves to scrap monopoly policy
for major ports
The shipping ministry is weighing a plan to scrap a
policy that was designed to check the emergence of
private monopoly in terminal operations at state-owned
ports, holding that it was no longer relevant and
continuing with it may deter private investors from
bidding for cargo terminals. READ MORE
GST Hurdles
The third meeting of the GST Council ended last week
without making much headway. After the first two
meetings of the Council, things had appeared to be on
track. Even the opening day of the third meeting looked
promising, but differences soon started cropping up and
the Council had to end its meeting abruptly on the
second day, a day earlier than scheduled, without
reaching a decision on the rates structure. This
development is worrisome. The Centre has set an April
1, 2017 target for the launch of a nationwide GST, and
now the target only seems to get tougher. READ MORE
VIDEO
Investor Facilitation Portal -
Walkthrough Video
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
Sr.
No.
Member
No.
Name & Address of the Member Business Representative
1 3036 YASH SHIPPING SERVICES
111, Trade Centre, Plot No. 46,
Sector - 8, Gandhidham
Clearing, Forwarding,
Shipping & Transportation
8141755055
Ramnik Laxman
Rathod
2 3037 SANJAY CONSULTANCY
Shop No. 2, Bh. K A S E Z Association
Building, Kandla Special Economic Zone,
Gandhidham
Transport, Shipping &
Logistic
Service
97129 73560
Deepak F. Parihar
3 3038 AMAR FLAVOURS (P) LTD.
Unit No.101, 201, & 301
Narmada S D F Complex, Phase - 2,
Kandla Special Economic Zone,
Gandhidham (Kachchh)
Export Oriented Unit
92288 22266
Abhinav Abhishek
4 3039 FAIRDEAL FREIGHT SOLUTIONS LTD.
Admn. Building.,
Survey No. 54, National Highway 8 A,
Mithi Rohar, Gandhidham
Container Freight Station
98205 41111
98200 33383
Tushar H. Anam
Jai T. Anam
5 3040 ORIENTAL TRADELINKS
Office No.105, Golden Point,
Plot No.31, Sector - 8, Tagore Road,
Gandhidham
Clearing & Forwarding
Agent
78746 00000
Pinkal R. Rathi
6 3041 RADHIKA SHIPPING SERVICES
Office No.103, Plot No.302,
Sindhu - I, Ward 12-B,
Gandhidham
Custom House Agent
98795 87082
Shristy T. Thakur
Welcome New Members
Benami Transactions (Prohibition) Amendment Act,
2016 (BTP Amendment Act)
Benami Property Transactions Act, 1988 has been
amended by the Benami Transactions (Prohibition)
Amendment Act, 2016 (BTP Amendment Act). The rules
and all the provisions of the BTP Amendment Act shall
come into force on 1st November, 2016. After coming into
effect of the BTP Amendment Act, the existing Benami
Transactions (Prohibition) Act, 1988 shall be renamed as
Prohibition of Benami Property Transactions Act, 1988
(PBPT Act). READ MORE
The Gazette of India
Stresses the need to continuously move towards
higher standards of excellence
The Cabinet Secretary and the Chairman of the
National Committee on Trade Facilitation (NCTF),
Mr.P.K.Sinha stressed the need to continuously move
towards higher standards of excellence so that the trade
eco system becomes more growth oriented. Shri Sinha
was delivering the Keynote Address in the First
Meeting of NCTF here today. The Meeting was held
pursuant to the establishment of the National
Committee on Trade Facilitation (NCTF) vide order
dated 11thAugust, 2016. NCTF is a mandatory
requirement under Article 23.2 of the WTO Agreement
on Trade Facilitation. Its Secretariat is housed in
Central Board of Excise and Customs (CBEC) in the
Ministry of Finance in the national capital.
READ MORE
Assocham opposes cess in GST
Industry body Assocham has opposed a proposal within
the GST Council to levy an additional cess to make a
corpus for compensation to States for any revenue loss
from GST implementation. Additional cess should not be
made applicable as this would lead to “distortion and
cascading of taxes”, Assocham Secretary-General
D.S.Rawat said in a letter to Finance Minister Arun
Jaitley. READ MORE
GST: A contest of competing truths
Formulation of public policy, including tax policy, is
often beset with the dilemma of competing truths. In
most cases, policy cannot be easily formulated by
exercising a choice between the “right” policy and the
“wrong” policy. Instead, it is mostly forged by a contest
between competing policies representing competing
truths, each truth valid in its own sphere but each
pointing to a different path. MORE READ
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
READ MORE ABOUT
Sr.
No.
Date Represented To Subject
1 01.10.2016 Shri Suresh Prabhu,
Hon’ble Minister of Railway
Suggestions for the improvement of Railway Services
to the passengers.
2 04.10.2016 Shri Nitin Gadkari,
Hon’ble Minister of Road Transport
Highway & Shipping
Withhold of E-Tender cum E-Auction process of Salt
Land of various tenders.
3 15.10.2016 Shri Ashok Gajapathi Raju,
Hon’ble Minister of Civil Aviation
Seeking appointment to propose Commencement of
scheduled commercial operations from Kandla /
Gandhidham Airport to Mumbai and Delhi by Air
India using ATRs Aircrafts Shri Jayant Sinha,
Hon’ble Minister of State for
Civil Aviation
5 ૧૯.૧૦.૨૦૧૬ શ્રી વિજયભાઈ રૂપાણી, માનનીય મખુ્ય મતં્રીશ્રી – ગજુરાત રાજ્ય
મહસેલુ વિભાગ ન ેલગતા પડતર પ્રશ્નો બાબતે
શ્રી ભપુને્દ્રવ િંહ ચડુા મા, માનનીય મતં્રીશ્રી – મહસેલૂ વિભાગ
Representations
MUKHYAMANTRI AMRUTAM “MA” & “MA VATSALYA” YOJANA
FAQ of Yojana
FAQ on Enrolment Process
FAQ on Service Delivered by Hospital
List of District wise Empanelled Hospitals
List of Standalone Dialysis Centres
Various Schemes Implemented by
District Industries Centre,
Industry Commissioner and
Commissioner of Cottage Industry
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
THE PORTER’S FIVE FORCES TOOL
For the small and big business, managing business effectively is difficult. One of the most essential skills needed
is the ability to assess the competitive environment. The Porter’s five forces tool is a simple but powerful tool for
understanding where power lies in a business situation. This is useful because it helps you understand both the
strength of your current competitive position and the strength of a position you are considering moving into. It is
a simple but excellent for judging exactly where power lies.
There are five important forces that determine competitive power in a business situation:
Supplier Power: One can assess how easy it is for supplies to drive up price of inputs. This is driven by
the number of suppliers of each key input, the uniqueness of their products or service, their strength and
control over you, the cost of switching from one to another and so on. The fewer the suppliers choices you
have and the more you need suppliers’ help, the more powerful your suppliers are.
Buyer Power: One can ask yourself how easy it is for buyers to drive prices down. This is driven by the
number of buyers, the importance each individual buyer to your business, the cost of them of switching from
your products and services to those of someone else and so on. If one has to deal with few powerful buyers
then they are often able to dictate terms. This is the power of customers to drive down the prices.
Competitive Rivalry: This reflects the strength of competition in the industry by the number and
capability of the competitors. If many competitors, have little power to manoeuvre the situation and vice
versa. You will be very powerful if your product or service is unique. If competitors cannot offer what you
provide, you will have immense strength.
Threat of Substitution: The extent to which different products and services can be used in place of your
own. If substitution is easy and substitution is viable, then this weakness your power. This is the degree to
which different products and services can be used instead of your officering.
Threat of New Entry: If one has strong and durable barriers to new entry, then one can preserve a
favourable position and take fair advantage of it else the threat of new entry is how easily new competitors
can enter the market.
A frame work that models on industry / business as being influenced by five forces. One who is seeking to develop
and edge over rival firms can use this model to better understand the industry context in which the firm
operates. It draws upon industrial organisation economies to derive five forces that determine the competitive
intensity and therefore overall industry profitability.
These five forces brought neatly together in a diagram like the below:
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
Steps To Follow When Performing Analysis Gather information on each forces
Analyze results and display in a diagram
Formulate strategy based on conclusions
Mark the key factor on the diagram and summarize the size and scale of the force on the diagram. An easy way
of doing this is to use, for example, a single ‘+’ sign for a force moderately in your favour, or ‘-’ for a force
strongly against you. Then look at the situation you find using this analysis and think through how it affects you.
Looking at things in this way helps you think through what could change to increase your power with respect to
each force. If you find yourself in a structurally weak position, thus tool helps you think about what you can do to
move in to a stronger one.
The analysis entails thinking about how each of these forces affects your business. You are expected to indentify
the strength of each of the forces. By doing so, you can swiftly assess the strength of your business position. The
analysis of these forces also increases your chances to earn more profit in the industry. After assessing the forces,
you have to find ways to affect the forces with the aim to move the balance of power more in your favours.
Awareness of the five forces can help a company understand the structure of its industry and stake out a position
that is more profitable and less vulnerable to attack.
To sum up, Porter’s Five Forces Model has some major limitation in today’s environment. It is not able to take
into account new business models and the dynamics of markets. The value of Porters model is more that it
enables businessmen to think about the current situation of their industry in a structured, easy to understand
way as a starting point for further analysis.
By :Ashok P. Vora
Executive Secretary
Total Donation received till date: Rs.19,96,781.00
Cheques of Rs.1 lacs each given to the
legal heir of the martyr till date: Rs.7,00,000.00
1. Martyr Sepoy K Vikas Janardhan, Vill: Purad, Yavatmal,Maharshtra
2. Martyr Havildar Ravi Paul, Vill: Samba, Jammu & Kashmir
3. Martyr Sepoy Ganesh Shankar, Vill: Ghoorapalli, Sant Kabir Nagar, UP
4. Martyr Sepoy Javra Munda, Vill: Meral, Khuti, Jharkhand
5. Martyr Sepoy Harinder Yadav, Vill: Ghazipur, UP
6. Martyr Sepoy Naiman Kuju, Vill: Gumla, Chainpur, Jharkhand
7. Martyr Subedar Karnail Singh, Vill: Shibu Chak, Bishnah, J & K
We heartily thankful to all the donors and appreciate their
noble contribution and exemplary humanitarian approach.
A Tribute of brave Martyrs of URI Military Camp, Jammu & Kashmir
The Gandhidham Chamber of Commerce & Industry
E-News Letter Issue No. 8 Date: 07.11.2016
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તા. ૧.૧૦.૨૦૧૬ થી ૩૧.૩.૨૦૧૭ સધુીના સમય માટે લધતુ્તમ વેતન અધધધનયમ – ૧૯૪૮ હથેળનાાં ખાસ ભથ્થાનાાં દરો