exim profile june 16
TRANSCRIPT
Lakshmi Venkataraaman Exim Expertise
LVRR Exim Associates Consultants, Advisors, Trainers, Research, legal practitioners and DueDiligence Auditors
9821092485/9870992485
Mumbai Ms. Nazema
Chennai Mrs. Sangeethaa V
Goa Ms. CA Vanita Vasudev Naik
Gujarat Mr. J.P. Bhatt
C-302, Vasant Smruti, 90 Feet Road, Thakur Complex, Kandivili(East), Mumbai 400 101.
Plot No. 4, Door No. 10, Thirumagal Nagar, Pradeep Avenue, Nr. Sai Samithi & Vivekananda School, Selaiyur Chennai 600 073
Shop No. 2, Jayanti Building, Behind Burye Petrol Pump, Tisk Honda Sattari, Goa 403 506
2nd Street, Kansarwad, (opp. Mahalaxmi Temple), Killa Pardi – 396125, Gujarat.
022-28700624
8080592485
044-22230628
9566048168
9552612276
9909952275
[email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected];
www.eximexpertise.com
Exim Expertise Profile
Exim Expertise is an organisation promoted by a group of dynamic professionals drawn from diverse background lead by Mr. Lakshmi Venkataraaman. The services modules are designed to suit the need of both corporate and non-corporate clients as a one stop shop for any taxation issues. Clients seek out Exim Expertise’s advice to increase their international business through reducing transaction costs, best documentation practice, legal compliance, risk management, and access to new markets. We deliver complete solution to corporate challenges with a strategy backed by strong compliance. With dedicated expertise in each of the areas faced by companies trading in international market, Exim Expertise provides advice on the full range of international trade issues. We take pride to work with the clients as their experienced partner by sharing our skills in pursuit of their objectives. Our USP,
UNDERSTAND. Each client's unique concerns— technical, regulatory, and operational issues (both external and internal factors).
STUDY. Both technical and business requirements, the hurdles in their growth path, their future plans, and put work to create the complete solutions.
PLAN & DELIVER. Flexible project delivery options from start-to-finish. The group firmly believes in providing
Legally tenable the most feasible cost effective and Commercially viable and acceptable business solutions in connection with both regulatory and non-regulatory aspect of international trade. Policy This Company believes that in the field of consultancy only a strong knowledge base coupled with conceptual clarity and execution skills can assure desired results for the clients.
Services offered 1. Consultancy on
Exim Policy and Procedures Customs and Excise Law and Procedures relating to exports & imports Exchange Control and Banking matters relating to imports and exports Customs Valuation and WTO issues. Service Tax Issues
2. Liaison with DGFT/Customs/Excise/Development Commissioner
Obtaining various permissions/licenses/clearances from licensing office (DGFT) & Development commissioner; Application, receipt of incentives under Chapter 3 (MEIS/SEIS) Scrips from DGFT / Development Commissioner EODC & Regularization of defaults under various export promotion schemes Excise duty/TED/Service Tax/Drawback/Rebate/POE/CST Applications and receipt of proceeds Fixation Brand Rates and Special Brand Rates Closure of various Licenses with JDGFT/Customs Bond redemption, refund of security deposits International trade and legal issues SVB Registration, Finalisation of provisional assessment/Refund of deposit from Customs
3. Management consultancy
• System study and audit • TQM implementation • Project management • Project feasibility studies • Selection of unit and industry • Merger and acquisition
4. Training (incl. In-house)/teaching on select subjects related to:
Imports & exports,
Excise and Service Tax
Exchange Control,
UCP 600, ISBP,
How to reduce Transaction Costs?
Best Documentation Practice
How to selection of industry type, place, business model etc.,
5. Due-diligence Study /Audit to find out
• Whether export incentives are correctly availed or not • Whether all the statutory compliances are fulfilled • To verify whether there is any scope to improve error free documentation. • Ways of reducing transaction costs in LC transactions, Logistics, Shipping, • Managing various types of risks • Explore possibilities of availing maximum benefits.
Indirect tax audit prior to any departmental audit to resolve any inconsistencies.
Forensic Auditing, mitigating fraud in the industry, Crime investigation and intelligence.
Building robust whistle blowing mechanism and system study
6. Business Process Outsourcing
We run the indirect departments of various clients by placing our qualified and experience staff and submit compliance and MIS to the management.
Taking specific tasks by the organisation as well as end to end tax on various indirect and Exim matters
7. Legal Services
We provide comprehensive legal solutions on various stages of litigations faced by the client which includes;
o Drafting replies against departmental audits o Drafting replies against SCS issued by AC, DC, Commissioner,
Comm. (Appeals) and preparation of appeal papers upto Appellate Stage
o Appear before various departmental officers upto Tribunal. o Handling issues relating to Valuation and hearings before Special
Valuation Cell etc., o Finalisation of orders/renewals from SVB
8. Services relating to Export Oriented Units
Feasibility of selection of business model
Advise on correct choice of location
Application for setting up of EOU Unit
Approval of EOU unit (Unit Approval Committee/Board of Approvals)
Execution of LUT and issue of LOP/Green Card
Addition of new products/inputs & CG in their LUT
Returns/ and handling issues with Development Commissioner’s Office
Execution of Bond with Excise/Customs and Warehouse registration u/s 58& 65 of Customs Act
Preventive audits of the units
CST refunds and Incentives available to EOU’s (MEIS & SEIS)
Handling department audits and CRA audits
Handling legal issues
Receipt of various permissions/renewals/certificates and clarification
Fixation of SION
De-bonding and Exit from EOU provisions
Resolution of issues at HO at New Delhi in specific issues
Amendment to EOU procedures
Filing of representation & resolution
Settlement Commission
Advance Rulings etc.,
9. Services relating to SEZ Developers/Co-developers and SEZ units/ Suppliers to SEZ
Developers/Co-developers
Feasibility of setting up of SEZ zone
Identification of Land/location
Assistance in obtaining Lease or outright purchase of Land for developer
Filing application for various clearances from Central and State Government
Application of setting up of SEZ Zone
Approval
Assistance in various clearances
Identification of prospective buyers to set up unit in SEZ Zone
Handling all issues relating to setting up of unit and bridging gap between Developer and the Unit.
Handling any duty refunds and benefits accrue to the developer/co developer from State and Central Government
Liaising between various State and Central Government Agencies and the developer/co-developer.
Application and receipt of incentives available to SEZ units (MEIS)
SEZ units/Software SEZ Units
Feasibility of setting up of SEZ Unit & market study
Identification of Land/location
Assistance in obtaining Lease or outright purchase from Developer/co-developer
Filing application for various clearances from Central and State Government
Application of setting up of SEZ Unit
Approval & Assistance in various clearances
Application and receipt of incentives
Identification of suppliers for the unit
Handling all issues relating to setting up of unit and bridging gap between Developer and the Unit.
Handling any duty refunds and benefits accrue to the Unit from State and Central Government
Liaising between various State and Central Government Agencies and the developer/co-developer.
Filing and handling of various refunds accrue to the unit
Handling of Exit and Legal assistance.
10. Miscellaneous Services
Registration of Company Assisting in setting up branch offices in India, in case those companies don’t want to open regular branch offices (we can act as their liaison offices for a nominal fees).
Inland Revenue related (PAN Card)/Importer Exporter Code Number (IEC)/RCMC/ Excise registration etc.
WOS/JV/FIPB approval from Reserve Bank of India (if required) Advice on Foreign Trade Policy issues (Foreign Trade Policy of Government of India) which will facilitate effective decision making at the Strategic managerial level. We will also help forecasting Foreign Trade Policies of government of India for facilitating future investment and operations in Indian Sub-continent.
Industrial License/IEM/Factory License/ and any other clearances/Permissions like Environment/Pollution Control Licenses (if required)
Registration of Unit in TAX FREE ZONE like EOU (Export Oriented Unit)/Bio-Technology Park (BTP) Units/ Business Process Operations (BPO)Units/ STP (Software Technology Park Units/ Electronic Hardware Technology Park (EHTP) Units/ Units in Special Economic Zone with Approval from Ministry of Commerce, Ministry of Finance and any other Local Government Authority in India (if required)
Representing foreign manufacturers against Anti-Dumping Petitions before Director General of Anti-Dumping by filing of Defending Petitions and assisting Indian manufacturers against investigations by other Governments on trade related issues.
Special Economic Zones/FTWZ We can assist you from the stage of preparation of project reports/follow-up for approval in Ministry of Commerce, Related State Government, and Ministry of Finance etc. in a time bound manner.
Pure Retainer-ship basis consultancy We also provide our consultancy on a on-going basis to any company who enrolls them on retainer-ship basis on a mutually acceptable monthly fees.
Transfer pricing issues and related party imports, SVB registration, provisional assessments, Finalisation of provisional assessments, appearance and order receipt of SVB order valid for 3 years and renewal thereof.
Business ideas and Setting up of Green Field projects
Identification of business model for new entrepreneurs
Assistance on trade related international issues and resolution.
Brief Profile
1 Name - Lakshmi Venkataraaman 2 Date of Birth - 05/04/1963 3. Address - Mumbai
C-302, Vasant Smruti, 90 Feet Road, Opp. St. Lawrence High School, Thakur Complex Kandivili (East), Mumbai - 400 101 Tel: 32575854 /28700624; Mobile:9821092485/9870992485 Chennai Office 77-78, GST Road, Sanatorium, Opp. Anjaneyar Temple, Chennai - 600047. Tel: 9840044360/9444407122 – Mr. Murali or Mrs. Sangeetha Email [email protected], [email protected], [email protected] Web: www.eximexpertise.com
4 Qualification M.Com, MBA, BGL, MS (Operation Research) 5 Professional Experience
19 years industrial Experience in the fields of Commercial, Projects, Finance & Accounts, indirect taxation etc., with Saint-Gobain Glass Ltd, ONYX, Maersk, Gujarat Pipavav Port Ltd, Thirumalai Chemicals Ltd & Aruna Sugars Ltd. 15 years’ experience as a consultant, and provide services to companies like Reliance, Tata Steel, Mahindra & Mahindra, Owens Corning, Watson Pharma, Cipla etc., in various indirect tax field. Author of Handbook on Foreign Trade Policy and guide to Import and Export for ICAI.
6 Area of Specialization Consultancy in
Export and import policy and procedures Customs, Excise & Service tax provisions
Fixation of Brand rate of Duty Drawback Customs valuation and related party transactions Excise relating to imports and exports Exchange control regulations Project Management & Execution
EOU audits covering EOU provisions Indirect Tax audits covering all indirect tax provisions Due diligence audit on import and export transactions, indirect taxation,
UCP, reconstruction and amalgamations.
Management consultancy, setting of units – DTA, EOU & SEZ units Forensic Audits and Fraud Reporting and prevention TQM & Feasibility Studies System Audits
Merger and acquisitions in India and abroad Training programs in various topics under indirect taxes and international
trade laws
Legal assistance upto CESTAT
Exim Team 1. Lakshmi Venkataraaman – Resource Head – 35 years of experience 2. JP Bhatt – Leader (Gujarat) – 40 years of experience 3. Mrs. Vanita CA – Leader (Goa) – 5 years of experience 4. Ms. Sangeethaa V – Admin – 23 years of experience 5. Ms. Mohimtule Nazema – Consultant – 10 years of experience 6. Mr. Devdutt Kulkarni – Consultant/Liaison – 10 years of experience 7. Mr. Murali Yadav – Marketing – 15 years of experience 8. Ms. Thilaga – Assistant – 5 years of experience 9. Mr. Vinay Yahav – Management Trainiee – 2 years of experience
List of clients who avail & availed our services. 1) Reliance Industries Ltd - Mumbai
Consultancy and audit to find out the causes to find delay in negotiating the export documents with the bank
Reducing the bank charges
Faster turn around
Reducing the delay and best documentation practices
Training and creating awareness among the staff
Creation of Check lists and standard operating procedures
2) Tata Steel Ltd – Kolkata, Mumbai & Jamshedpur
Audit of EPCG licenses obtained
Creation of Exim Cell and regularisation of Licenses
MIS
Advise on availing best benefits under import of Capital Goods
Preparation and apply for closure of licenses on a periodical basis
Resolution of queries raised by various Govt. agencies
Plant visit and submission of report to EPCG Committee
Assist the company in their Anti-dumping and Safe guard duty enquiry by US Tax authorities
Control Licenses, certificates and Record keeping
Certification by CA and advise on deviation & exceptions
Consultancy on various import and export issues
Issues relating to Group Company imports and resolution
3) Mahindra & Mahindra – Auto & Farm Equipment Sector - Mumbai
Application of Brand Rate of Drawback for Tractors exported
End to end assignment from o Downloading data from SAP o Preparation of application o Certification
o Co-ordination with excise for verification of Data o Defacing of documents and assisting preparation of report to Asst.
Commissioner o Appearing for PH o Receipt of Brand Rate letter o Submission of documents as Customs at the port of export o Receipt of drawback amount o Finalisation of assessments, Order acceptance, Resolution etc., o Consultancy on retainer basis with Auto sector on FTP, Custom,
Excise and Service Tax
4) Godrej Industries Ltd – Mumbai, Gujarat
Feasibility study of EOU operations
EOU audit and compliance assistance
Preventive audit for DTA unit
Consultancy on FTP and indirect Tax matters
Audit of Group companies
5) Watson Pharma Pvt. Ltd – Mumbai, Ambernath, Goa and Chennai
Conversion of two DTA units in to EOU
Application and receipt of approvals from Development Commissioner
Bonding of units u/s 58 and 65 of Customs Act
Periodical approvals, renewals, addition of products, addition of inputs for duty free procurement
Incorporation of additional locations in the existing Letter of Permission
Submission of periodical returns to DC
Concurrent and periodical audit of the EOU units at Goa and Ambernath.
Consultancy on indirect tax, FTP and compliance issues
6) Owens Corning India Ltd – Taloja, Thimmapur- AP
Due diligence audit on compliance issues
Consultancy on retainer basis on all indirect tax issues, FTP and Customs provisions
Reply to the Show cause notices and appearing before various Government authorities upto Tribunal
Outsourcing operation of Excise transactions by our staff.
Documentation and preventive audits
7) Alembic Ltd - Baroda
Closure of EPCG Licenses
Consultancy on indirect taxes
8) Cipla Limited - Mumbai
Audit on various mandates specified by management at regular intervals
9) Fomento Ltd – Goa
Consultancy on FTP
10) Solvay Specialties India Pvt. Ltd – Mumbai, Panoli- Gujarat
Due diligence audit
Consultancy on retainer basis
11) Marico Ltd – Mumbai, Goa, Kerala
Due Diligence Audit
Consultancy on specific issues
12) Sree Rayalaseema Alkalies Ltd – Kurnool, Hyderbad
Due diligence audit
Consultancy on retainer basis
Handling preventive cases
13) Cummins India Ltd - Pune
Consultancy on indirect and FTP provisions
14) Suzlon Energies Ltd – Pune
Consultancy on indirect taxes and FTP issues
15) Kalpataru Power Transmission Ltd – Gandhinagar - Gujarat
Due diligence audit of EOU unit
16) Indoco Remedies Ltd - Patalganga
Consultancy in indirect taxes and FTP issues
17) Mahindra Inter trade Ltd - Mumbai
Handling SVB cases on import from related parties
18) Rolls-Royce Marine India Pvt. Ltd – Navi Mumbai, Singapore
Training programs
19) Mahindra Steel Service Centre Ltd - Mumbai
Handling SVB cases on import from related parties
20) Mahindra Forgings Ltd - Talegaon
Closure of EPCG Licenses
21) Intas Pharmaceuticals Ltd - Ahmedabad
Due diligence audit
22) Hindustan Platinum Ltd – Navi Mumbai
Due diligence audit
Consultancy on retainer basis
Drafting replies to SCNs
23) Rubamin Ltd – Baroda, Vapi, Silvassa
Due Diligence Audit
24) Mahindra Univeg Pvt Ltd - Mumbai
Consultancy on FTP, Custom, Excise, Service tax & Exchange control regulations
Handling final assessment with SVB connected to import from related party
25) IOCL – Mumbai, Gujarat
Consultancy on deemed export benefits
26) GE Logistics - Gujarat
Consultancy on indirect tax issues
27) Areva T & D India Ltd – Mumbai, Allahabad, Chennai
Consultancy on retain basis
Handing licensing issues with Excise and Tribunal
28) Poly-one Polymers India Pvt. Ltd - Mumbai
Consultancy on indirect tax issues
29) Marubeni India Private Ltd - Mumbai
Consultancy on Exim related matters
30) DCW Ltd – Mumbai, Tamilnadu
Consultancy in indirect tax issues and licensing issues
31) Godrej Saralee Limited - Mumbai
Consultancy on specific issues
32) Intercat Equipments India Pvt. Ltd - Baroda
Consultancy on specific issues
33) Salva Resources Pvt. Ltd - Kolkata
Consultancy on specific issues
34) Shreiber Dynamix Dairies Ltd – Mumbai, Baramati
Consultancy on retainer basis
35) Umicore Anandeya India Private Limited - Goa
Feasibility study on debonding from EOU to DTA
Consultancy on retainer basis
Handling the litigations upto CESTAT and appearance
36) Rexam Cans BTW India Ltd. - Taloja
Consultancy on retainer basis
Handling the litigations upto CESTAT and appearance
37) Syngenta Ltd. – Pune, Goa
Feasibility study on debonding from EOU to DTA
38) Excel Industries Ltd. - Mumbai
Consultancy on specific issues
39) Visa Steel Limited – Kolkata
Consultancy on retainer basis
Consultancy on FTP
40) Gandhitex Multiplex Ltd – Mumbai, Gujarat
Consultancy on Exim matter on retainer basis
41) ICCL Ltd – Bhuvaneshwar
Consultancy on specific issues relating to project
42) India Gypsum Ltd
Consulatancy on Exim Issues on retainer basis
43) Nuclear Power Corporation of India Ltd
Consultancy on deemed exports
44) PSL Ltd
Consultancy on Exim Matters on retainer basis
45) Praj Industries Ltd
Consultancy on EPCG Matters
46) Repro India Ltd
Consultancy on retainer basis
47) Standard Alkalies Ltd
Consultancy on FTP issues and winding up of Company