50
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ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
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21st December, 2015: A meeting held with Rio Tinto officials to update on
the IDTC , issues related to synthetic diamonds, diamond promotion etc. Mr.
Jean Marc Liberherr, Mr. Vikram Merchant, Shri. Praveenshankar Pandya, Shri.
Ashok Gajera, Shri. Sanjay Shah, Shri. Ajesh Mehta, Shri. Sabyasachi Ray
were present.
21st December, 2015: A luncheon meeting held with Rio Tinto officials
at Hotel Trident, Bandra. Mr. Jean Marc Liberherr, Mr. Vikram Merchant,
Shri. Praveenshankar Pandya, Shri. Sanjay Shah, Shri. Ajesh Mehta, Shri.
Sabyasachi Ray were present.
21st December, 2015: A meeting was held with IL&FS to discuss about the
TUFF scheme for GJD industry. Shri Akshay Patel, Shri Sabyasachi Ray, Dr.
Jitarani Udgata, Mr. A. Vishwanath were present.
22nd December, 2015: A meeting was held under the Chairmanship of
Secretary-DEA to discuss the proposal of formation of Gold Exchange Board in
the country. Shri. Sabyasachi Ray, Shri. K.K. Duggal were present.
28th December 2015: In continuation to the meeting held on 4th December,
2015 , a meeting organized to discuss the next course of action on GST.
Shri Praveenshankar Pandya, Shri Anil Virani, Shri Ashok Gajera, Shri Dinesh
Navadiya, Shr. Mahendra Tayal, Shri K. Srinivasan, Convener, Shri Sanjay Shah,
Shri Konal Doshi, Shri Suresh Shah, Shri Sabyasachi Ray, Shri. Vishwanath,
Mr. Sudhir Patil, Smt. Usha Kumari, ELP: Shri Rohan Shah, Shri Nishant Shah,
Shri Supreme Kothari, Teleconference: Shri Surya and Shri Tarun Ray were
present.
29th December, 2015: In continuation to the meeting held on 10th December,
2015 a PM & B D meeting held to discuss and finalise Pitch Presentation
for empanelment of PR Agency. Mr. Praveenshankar Pandya, Mr. Shailesh
Sangani, Mr. Ashok Gajera, Mrs. Nirupa Bhatt, Mr. Sabyasachi Ray, Ms. Dolly
Choudhary, Ms. Raksha Manihar.
30th December, 2015: Awards Sub-Committee meeting held to discuss &
confirm the minutes of the meeting dated 28th November 2015, To Discuss
about the proposal of E& Y as Knowledge Partner for IGJA 2015, To finalize
the appointment of Knowledge Partner for IGJA 2015. Shri Praveenshankar
Pandya (Attended Partly), Shri Kirit Bhansali, Shri Pramod Kumar Agarwal, Shri
Ajesh Mehta, Shri Sanjay Shah, Shri Sabyasachi Ray, Shri Mithlesh Pandey,
Ms Linu Jose, Mr. Prateek Tandon, Ms. Naina Acharya, Mr. Mihir Shah, Mr.
Suhail Aboli - D & B, Mr. Amiya Swarup, Ms. Dolly Kanjani - E & Y were
present.
4th January, 2016: A meeting was held with Shri Jayant Sinha, Hon’ble Minister
of State for Finance on 4th January, 2016 at his office to discuss the issue of
introduction of Presumptive Taxation for Diamond Industry. Shri Praveenshankar
Pandya, Shri Ajesh Mehta, Shri Saunak Parikh.Shri Sabyasachi Ray Shri K.K.
Duggal were present.
4th January, 2016: A meeting held with Shri. Amitabh Kant, Secretary, DIPP
to discuss Presumptive Taxation and Dore issue and Make in India week to
be held in Mumbai was discussed. Shri Praveenshankar Pandya, Shri Ajesh
Mehta, Shri Saunak Parikh.Shri Sabyasachi Ray Shri K.K.Duggal were present.
4th January, 2016: A meeting held with Smt Rita Teaotia, Commerce Secretary
to discuss the Presumptive Taxation issue. Shri Praveenshankar Pandya, Shri
Ajesh Mehta, Shri Saunak Parikh.Shri Sabyasachi Ray Shri K.K. Duggal were
present.
4th January, 2016: A meeting held with Shri Anup Wadhawan, Director General
of Foreign Trade to discuss the Inclusion of gems and jewellery sector under
MEIS and Interest Subvention Schemes. Shri Praveenshankar Pandya, Shri
Ajesh Mehta, Shri Saunak Parikh.Shri Sabyasachi Ray Shri K.K. Duggal were
present.
11th January, 2016: Meeting with Shri. Unnikrishnan, Dy. Chief Executive,
Indian Banks Association to discuss the issues related ECGC. Shri. Ajesh
Mehta, Shri. Sanju Kothari, Shri. Sabyasachi Ray, Dr. Jitarani Udgata were
present.
12th January, 2016: Meeting of Awards Sub-Committee held to discuss & 1.
To confirm the minutes of the meeting dated 30th December 2015, 2. To
finalize on the date and venue of IGJA 2015, 3. To discuss and finalize the
budget for IGJA 2015, 4. To finalize the agency for editing and publishing of
the Souvenir, 5. To finalize the Trophy, 6. To decide advertising rate of souvenir
and newspaper supplement, 7. To decide advertising rate of souvenir and
newspaper supplement, 8. To finalize the Theme and Logo of IGJA 2015, 9.
To discuss on the Awards night/ Cultural programme, 10. To discuss about the
Media Partner. Shri Kirit Bhansali, Shri Pramod Kumar Agarwal , Shri Anil Virani,
Shri Dilip Shah , Shri Sanjay Shah, Shri Sabyasachi Ray, Shri Mithilesh Pandey,
Shri Sanjay Singh, Shri Nitin Khandelwal, Ms Linu Jose, Mr Kuldip Singh Gosai
were present.
12th January, 2016: A meeting of the NDMC Sub-Committee held to discuss
DDES Review, Follow-up action post DDES, Appointment of NDMC Convener,
Way forward for Updated Study of Synthetics, VSM Legal Case Bills. Shri.
Praveen Shankar Pandya, Shri. Russel Mehta, Shri. Anil B. Virani, Shri. Suresh
Shah, Shri. Ashish K Mehta, Shri. Avnish Shah, Shri. Anoop Mehta, Shri. Mehul
Shah, Shri. Sanjay Kothari, Smt. Nirupa Bhatt, Shri. Tehmasp Printer, Shri.
Bakul R. Mehta, Shri. Rajiv Mehta, Ms. Parul Merchant, Mr. Sabyasachi Ray,
Mr. Anurag Dhoot, Mr. Vikrant Pradhan, Mr. Abhizar Bootwala were present.
13th January, 2016: Based on the Ministry’s directive a meeting was held with
the Complainants of Machinery Hall shifting from IIJS held at Trade Centre
office to discuss the solve the issues raised by them. Saunak Parikh, Shailesh
Sanghani, Sabyasachi Ray,Aanurag Dhoot, Bhavin Khorasia, JMA Members,
Radhe Kedia, Rank International, Ketan Jhatakia, AnkitSt Interntional, Neutral
Observer Sankhesh Shah, SRS Jewelkon were present.
13th January, 2016: HoD/RD Meeting held to discuss and review the
Administrative matters of the Council. 1. Status of actionable of previous
meetings (COA/SUB-COMM/PANEL AND HOD Meetings) 2. Status of
Digitalization of Council’s processes and future plan 3. Creation of SME
Service Help Desk Cell of Council 4. Start of Call Centre of Council 5. Status
on representation on Goods & Services Tax (GST) to the Govt. by the Council
for the trade 6. Letter received from MoC&I dated 31.12.15 on Communication
received from GJEPC in the Department of Commerce 7. Letter received from
MoC&I on Cluster Development and status update of different regions on the
same. Shri. Sabyasachi Ray, Shri. Sandeep Sharma, HoDs, RDs, Ms. Linu
Jose, Shri. Rajesh Narvekar were present.
14th January, 2016: A meeting held with M/s. Platinum Guild to discuss the
representation submitted by them for a recommendation to RBI for authorising
consignment import of platinum. Shri. Russell Mehta, Shri. Sabyasachi Ray, Dr.
Jitarani Udgata, Ms. Vaishali Bannerjee, Ms. Pallavi Sharma, Platinum Guild
were present.
15th January, 2016: A meeting held with Shri Arun Jaitley, Hon’ble Minister of
Finance on 15th January, 2016 to discuss some of the critical issues facing the
gems and jewellery industry in India and suggest appropriate steps to solve
them. Shri. Praveenshankar Pandya, Shri. G.V. Sreedahr, Chairman, GJF, Shri.
K.K. Duggal were present.
22nd January, 2016: A meeting was held under the Chairmanship of Shri
K.C.Raut, Additional DGFT on 22nd January, 2016 to discuss the issue relating
to doing away with the licensing requirements of Gold Dore by actual users/
refineries. Shri Sabyasachi Ray, Shri K.K.Duggal , Ms Archana Gautam were
present.
25th January, 2016: A meeting of the BITC Sub-Committee held to discuss
Organizing Banking Summit, . RBI-Suppliers’ credit issue, . Representation
on service tax refund for Service Tax for diamond exporters under Rule 5 ,
The status on Import duty imposition on import of Sarine Machine , . Status
of GST, Status of imposition of penalty for record keeping under 271 rule of
Transfer Pricing by Income Tax authorities. Shri.Praveenshankar Pandya, Shri.
Ashok Gajera, Shri. Ajesh Mehta, Shri. Saunak Parikh, Shri. Sanjay Shah,
Shri. Sanju Kothari, Shri. Manish Jivani, Shri. Russell Mehta (partly through
teleconference) Shri. Sabyasachi Ray, Dr. Jitarani Udgata, Ms.
Mrunali Elle, Ms. Usha Kumari were present.
27th January, 2016: Based on the discussions with the State Govt. a site visit
was organised to the proposed location of jewellery park in Mahape MIDC.
Shri. Praveen S. Pandya, Shri. Anoop Mehta, Shri. Russell Mehta, Shri. Ashok
Gajera, Shri. Anil Virani, Shri. Manshukh Kothari, Shri. Mehul Shah, Shri.
Sabyasachi Ray, Dr. Jitarani Udgata were present.
27th January, 2016: To set up a special notified zone in Surat in the same line
of IDTC, Mumbai a delegation from Surat consisting members / secretariat
from GJEPC and GHB visited IDTC, Mumbai to observe the infrastructure
facility and meeting with stake holders of IDTC for understanding on
operations and management of SNZ. Shri Anoop Mehta, President, BDB, Shri
Dinesh Navadiya, Regional Chairman, GJEPC, Shri Chandrakant Sanghavi,
Chairman, GHB, Shri Ajesh Mehta, Shri Keval Virani,Shri Murli Mohan, Shri
Sabyasachi Ray,Smt. Jilpa Sheth, Shri Abhizar Bootwala, Ms. Alpa Tailor,
Manager, GHB were present.
27th January, 2016: A Dimaond Panel Committee meeting held to discuss
Letter from MOC&I regarding representation by Arjav Diamonds. Letter from
MOC&I regarding HS Classification for Synthetic diamonds, Letter / E-mail
from Surat Region related to Duty on synthetic diamonds, Renewal of IDMA
membership. : Invoice for US$ 3500 has been received for renewal of GJEPC’s
membership, Status on Bank Verification Module: The website based module
for Banks and Customs has been made live. And around 15 Banks have been
registered so far. Dy. Commissioner at PCCCC, has also seen the module
and appreciated efforts taken by the Council. More user names for custom
officials will be created based on request received from customs., The issue of
advance remittance of OAO-AGD is pending as reply from Indian Embassy in
Moscow is awaited. Status of 1042 stones of GIA certification issue. To decide
on how to draft the Policy on import and export of diamonds for job work,
Communication received from Korea Diamond Exchange regarding WFDB
Asian Summit and Exco Committee meeting, E-mail from Regional Chairman,
Delhi regarding need for detecting machines for synthetic diamonds. Shri.
PraveenShankar Pandya, Shri. Russell Mehta, Shri. Sanjay Shah, Shri. Kirit
Bhansali, Shri. Anil Virani, Shri. Saunak Parikh, Shri. Dilip Shah, Shri. Manish
Jivani, Shri Sabyasachi Ray, Smt. Kavita Hebalkar, Shri. Shashank Upadhyay,
Shri Sudhir Patil were present.