WELCOME TO SINGHAL AJAY & ASSOCIATES

CA SINGHAL AJAY KUMAR
FCA, ACS, AICWA, MBA, LL.B.

CA Singhal Ajay Kumar, a Rank Holder in CA Final Exams held in Nov 1992 and is the Member of ICAI since Jan 1993. He has been Dy. Convener (2005-06) & Convener (2006-08 & 2011-14) of Vikas Marg CA Study Circle, Delhi (VMCA). During his tenure as Convener, he received BEST Study Circle Award, BEST Dy. Convener Award, BEST Convener award.

Further, under his Convenership, VMCA has contributed Rs. 5,01,000/- to CABF, an INITIATIVE for NOBLE cause for the Members in CA Profession.

I seek your BLESSING, SUPPORT & VOTE for CA. Singhal Ajay Kumar, a true academician and dynamic personality with a lust to serve the Profession.

Message By CA GOPAL JI AGARWAL

Dear Brothers and Sisters,
It is my pride and pleasure to introduce my Childhood Friend - CA SINGHAL AJAY KUMAR, FCA, a core and true professional, who is contesting forthcoming election of NIRC of ICAI.
He has been with me time and again in various era of life like roommate during CA Studies, Dy. Convener of Vikas Marg CA Study Circle and strong family bonding as well.
He is a brilliant scholar (35th rank in CA Final) and merit holder in ICWA. A person of full of energy, having dynamic personality and has very good qualities to usher us into this profession. I have no doubt that he will strive his best to take our Institute and fraternity to achieve greater heights of professional dignity and fulfillment.
He is a Member of ICAI since Jan 1993. Besides, FCA, he is also ACS, AICWA, MBA, LL.B. He has been Dy. Convener (2005-06) when I was the Convener, and Convener (2006-08 & 2011-14) of Vikas Marg CA Study Circle, Delhi (VMCA). During his tenure as Convener, he received Best Study Circle Award, Best Dy. Convener Award, and Best Convener award.
Further, under his Convenership, VMCA has contributed a sum of Rs.5,01,000/- to CABF, an initiative for NOBLE cause for the Members in CA Profession for which VMCA has also been awarded "Special Contribution by the Study Circle Award" by the NIRC.
Being in the core practice of CA, he is fully supported by his better half, CA Archana Singhal, FCA, LL.B., DISA, IFRS.
I most humbly request you for your blessings, open hearted support and FIRST preference VOTE for CA. Singhal Ajay Kumar, a true academician and dynamic personality with an aspiration to serve the Profession with his all integrity and sincerity.

With best regards,
Professionally yours,
CA GOPAL JI AGARWAL

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    Government of India
    Ministry of Commerce & Industry
    Department of Commerce
    Udyog Bhawan

    Notification No. 97 (RE-2010) /2009-2014

    New Delhi, Dated 21st February, 2012

    Subject: Amendment in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items relating to export of Basmati Rice

    S.O.(E) In exercise of the powers conferred by Section 5 read with Section 3(2) of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) and also read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby notifies the following amendment in Schedule 2 of ITC(HS) Classification of Export and Import Items, with immediate effect.

    1.  The existing entries at Sl. No. 45 AA in Chapter 10 of Schedule 2 of ITC(HS) Classification of Export and Import Items will now read as under:

     

    Sl. No.   HS Code   Unit   Item description   Export Policy   Nature of Restriction
    45AA   100630 20   Kg Basmati Rice (Dehusked (Brown), semi milled, milled both in either par-boiled or raw condition).   Free   (i) Exports allowed subject to registration of contracts with the APEDA , New Delhi; 

    (ii) Export will be subject to Minimum Export Price (MEP) of US $ 700 per ton FOB or as notified by DGFT from time to time. MEP shall be exclusive of foreign commission; 

    (iii) Grain of rice to be exported shall be more than 6.61 mm of length and ratio of length to breadth of the grain shall be more than 3.5; 

    (iv) Export of Basmati Rice is permitted through all EDI ports; 

    (v) Exports to European Union permitted subject to pre-shipment quality inspection as may be specified by the Government through a notification; 

    (vi) Exports to Russian Federation permitted subject to pre-shipment quality certification issued by 

    (1) Insecticide Residue Testing Laboratory. 
    (2) Geo-Chem Laboratories Pvt. Ltd. 
    (3) Reliable Analytical Laboratory
    (4) Arbro Pharmaceuticals Ltd. 
    (5) Shri Ram Institute for Industrial Research, Delhi 
    (6) Shri Ram Institute for Industrial Research, Branch Office Bangalore 
    (7) Delhi Test House; and 
    (8) Vimta Labs. or any other agency as may be notified from time to time.” 

    (vii) Exports of empty printed gunny bags with Markings indicating the product being Indian Basmati Rice, in whatever manner, are not permitted except when exported along with the consignments of Basmati Rice, in which cases also, the same shall not exceed 2% of the total number of filled gunny bags of Basmati Rice being exported;

    (viii) In case of un-bagged Indian Basmati Rice being exported in bulk or in bags of 50 Kgs or above, the exports of empty printed gunny bags with Markings indicating the product being Indian Basmati Rice, in whatever manner, shall also be permitted to the extent of actual requirements considering the total quantity of the consignment and the sizes of the empty bags being exported.

    1. Effect of this notification:
    1. Minimum Export Price of Basmati Rice has been reduced to US$ 700 per MT. Earlier it was US$ 900 or Rs. 41,400/- per MT FOB. MEP is expressed only in terms of US dollar.

    2. Export is now permitted through all EDI ports. Earlier it was allowed only through six ports.

    3. There is no change in any of the other existing conditions for export of basmati rice as have been notified from time to time. These conditions have been consolidated in the column “Nature of Restrictions” in the table of para 2.

    (Anup K. Pujari)
    Director General of Foreign Trade
    E-mail: dgft@nic.in
    (Issued from F.No.01/91/180/775/AM10/Export Cell)





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