IAU Newsletter November PART I, 2012

1. IAU Newsletter • November • PART I, 2012 FOR INTERNAL CIRCULATION PUBLISHED BY : INDUSTRIES ASSOCIATION OF UTTRAKHAND (IAU)

2. UPCOMING EVENTS MEETINGS TRADE FAIRS Labour Commissioner Office of Employment & Training, EC Road on 7th Nov,2012 at 4.00 PM Xmas Craft And Gift Fair 2012 From: 01 Dec – 02 Dec 2012 in Australia Quality Exhibition at Titan Industries Ltd., Mohabewala Industrial Area, Dehradun from 7th Nov, 2012 at 9 AM to 5 PM Toronto Women's Expo 2012 from: 01 Dec – 02 Dec 2012 in Canada Mefsec Cairo 2012 from: 01 Dec – 02 Dec 2012 In Egypt Entrepreneurship Development Programme at DIT, Dehradun at 10 AM on 8th November 2012 Maritima Paris 2012 from: 01 Dec – 01 Dec 2012 in France Workshop on Microbiology at Dolphin Institute, Dehradun at 3 PM on 8th November 2012 SLBC on 20th Nov, 2012 at 11:30 AM at Hotel Pacific, Dehradun Nautic Paris 2012 from: 01 Dec – 01 Dec 2012 in France District Advisory Committee Meeting at TegBahadur Road, Dehradun at 11 AM on 24th November 2012 WestdeutscheMineralientage 2012 from: 01 Dec – 02 Dec 2012 in Germany For more details, please contact Association Office

3. FOREIGN DIRECT INVESTMENT IN RETAIL • Benefitting the farmers • At least 50%of total foreign investment will be in villages. • Transform rural India through improved agro processing and cold chain. • Farm produce will reach store directly thereby reducing wastage. • Farmers will get their due in the form of higher prices. • Creating more jobs • Over 1 crore new jobs will be created. • FDI-backed retailers will source 30% of all their products from small scale sector. • New manufacturing opportunities will open for the nation’s micro, small and medium enterprises. • The nation’s youth will benefit from numerous employment opportunities in this sector. • Distinct Indian Imprint • Foreign investors allowed only up to 51% ownership, as opposed to other countries that allow 100% • Retail stores can be established in cities across the country, with a minimum population of 10 lakhs. • Smaller states have the right to make their decision. • 50% foreign investment in villages for infrastructure creation. • Benefitting the Consumers • Farm produce will reach stores directly resulting in good quality and lower prices.

4. The constitution of India confers equal right on all states • Agrarian and fruit and vegetables producing states have demanded implementation. • Decision to implement and benefit from the policy is left to the states. The real story behind FDI myths Source: Ministry of Commerce and Industry Government of India

5. CLICK HERE TO VIEW MORE ON FDI • Press Note No. 1 (2012 Series) - FDI in Single Brand Retail Trading • Press Note No. 2 (2012 Series) - Investment By a Banking Company incorporated in India • Press Note No. 3 (2011 Series) - FDI in Pharmaceutical Sector • Press Note No. 3 (2012 Series) - FDI permitting investments from Pakistan • Press Note No. 4 (2012 Series) - FDI in Single-Brand Retail Trading • Press Note No. 5 (2012 Series) - FDI in Multi-Brand Retail Trading • Press Note No. 6 (2012 Series) - FDI in Civil Aviation Sector • Press Note No. 7 (2012 Series) - FDI in Broadcasting Sector • Press Note No. 8 (2012 Series) - FDI in Power Exchanges

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9. Service Tax OFFICE OF THE COMMISSIONER, CUSTOMS & CENTRAL EXCISE, COMMISSIONERATE :: MEERUT-1 Trade Notice No. 03/S.Tax/2012Date : /10/2012 Subject:- Filing of ST-3 only for the period 1st to 30th June 2012-reg. On the above subject attention of the trade is invited towards the Oredr No. 03/2012, Dated 15.10.2012 issued by the Government of India, Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, New Delhi vie F.No. 137/99/2011- Service tax, where in it has been informed that in exercise of the powers conferred by sub-rule(4) f rule 7 of the Service Tax rules, 1994, the Central Board of Excise & Customs ectends the date of submission of the return for the period 1st April 2012 to 30th June 2012, from 25th October, 2012 to 25th November, 2012. 2. The Circumstances of a special nature which have given rise to this extension of time are as follows: ACES will start releasing the return in Form ST3 in a quarterly format, shortly before the due date of 25th October, 2012. This will result in all the assesses attempting to file their returns in a short time period, which may result in problems in the computer network and delay and inconvenience to the assesses. 3. A copy of the Order No. 03/2012, Dated 15.10.2012 issued by the Government of India , Ministry of Finance, Department of Revenue, Central Board of Excise & Customs, New Delhi vide F.No. 137/99/2011-Service tax is enclosed. 4. Accordingly, all members of the Trade Associations / Chambers of Commerce / Regional Advisory Committee (SSI Sector, Organized and Service Tax Sectors) and field formations are requested to bring the contents of this Trade Notice to the knowledge of their constituent members and all other concerned and give wide publicity in the trade. Enclosures : as above (V.K Saxena) Commissioner Central Excise, Meerut-I

10. Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi ORDER NO 3/2012, Dated : October 15, 2012 In exercise of the powers conferred by sub-rule(4) of rule 7 of the Service Tax Rules, 1994, the Central Board of Excise & Customs hereby extends the date of submission of the return for the period 1st April 2012 to 30th June 2012, from 25th October, 2012 to 25th November, 2012. The circumstances of a special nature which have given rise to this extension of time are as follows: ACES will start releasing the return in From ST3 in a quarterly format, shortly before the due date of 25th October, 2012. This will result in all the assesses attempting to file their returns in a short time period, which may result in problems in the computer network and delay and inconvenience to the assesses. F.No. 137 / 99 / 2011-Service Tax (S.M. Tata) Commissioner Service Tax Central Board of Excise and Customs

11. UP COMING TENDERS For More Details please contact Association Office An initiative under Marketing Intelligence Cell

12. Mohabewala Industrial Area, Dehradun - 248 110 Uttarakhand (India) Tel.: 91+135+2640530, Fax 91+135+2643382; Website: www.iauonline.in;www.msmesolutions.orgE-mail: iauuttarakhand@gmail.com