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
Admissibility of DEPB benefit under DEPB - Rubber Compounded Sheets/Rings/Gasket
Attention is invited to the DEPB entry serial number 507 (earlier entry No.547) for the export product “Rubber Compounded Sheets/Rings/Gasket” stated their in. Representations were received from Trade and Industry earlier as to whether “Door mats/Rubber mats” are covered under the DEPB entry serial No.507 of Product Group “Chemicals” in the DEPB Rates Schedule. It is informed that an petition (s) filed by the petitioners in the Hon’ble High Court of Kerala, the Hon’ble High Court directed to issue clarification in this regard.
2. Accordingly, the matter was again taken up in the DEPB Committee (Inter-ministerial Committee having representatives of Technical Authority as well) meeting held on 29th October 2009 and after detailed deliberations, the following decisions was taken:-
“ Committee discussed the case afresh in details . Technical members present in the committee were of firm view that the said DEPB entry is meant for the specific export product i.e. “Rubber Compounded Sheets/Rings/Gasket.” Committee was of the view that “Doormats/Rubber mats” are further value added product and hence the export price of Doormats/Rubber mats, in normal case, shall be higher than the price of Rubber Compounded Sheets. It also noted that all Industry DEPB rates are calculated based on customs duties on specific inputs used, their import prices and the export price of the final product and hence more the value addition, the less the DEPB rate. Committee observed that the DEPB rate and the value cap notified against the product as indicated in the DEPB entry serial number 507 (earlier entry No.547)of “Chemicals” product Group was based on the price parameters for the product “Rubber Compounded Sheets/ Rings/Gasket” only and not for the value added products such as “Doormat/Rubber mats”. Accordingly the Committee decided to recommend DGFT for issuance of clarification in compliance with Hon’ble High Court order , as stated above.”
3. Hence it is clarified for information to all concerned that the product “Doormat/Rubber mats” is not covered under the DEPB entry meant for the product “Rubber Compounded Sheets/ Rings/Gasket” mentioned in the DEPB rate schedule.
This issues with the approval of Competent Authority.
Sd/-
(Rita Mahna)
Dy. Director General of Foreign Trade
Tele:2361562
Extn.288
(Issued from File No. 01/94/180/00638/AM10/PC-4(B)