Monthly Report - December 2021

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MCCI

The Madras Chamber

CHAMBER IN-TOUCH DECEMBER 2021

The Madras Chamber of Commerce & Industry


CHAMBER IN-TOUCH - DECEMBER 2021

MCCI

The Madras Chamber

SCHEDULE OF VIRTUAL PROGRAMS - DECEMBER 2021

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3rd December 2021 Session on Charitable Trusts & NGOs Changes on Tax Laws and CSR related challenges

15th December 2021 Conference on R & D as an Engine for Growth of Tamil Nadu

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21st December 2021 Session on Electronic Duty Credit Ledger Regula�ons 2021 & Duty Remission Schemes

21st December 2021 Inhouse Training Session on HS Code 2022 (for Bector Dickinson Pvt. Ltd., Gurgeon)

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22nd December 2021 Session on” Produc�on Linked Incen�ve (PLI) Scheme (Automobile and Advanced Chemistry Cell – Ba�ery)

28th December 2021

Seminar on EXIM Bank’s New Ini�a�ves for Indian Exporters (jointly with EXIM Bank)

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29th December 2021 Session on HS Code 2022 (jointly with FIEO)

General Commi�ee Mee�ng

Expert Commi�ee Mee�ng

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CHAMBER IN-TOUCH - DECEMBER 2021

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MCCI

The Madras Chamber

3rd December 2021

Session on Charitable Trusts & NGOs Changes on Tax Laws and CSR related challenges The Chamber under the auspices of the MCCI Commi�ees on Direct Taxes & CSR organised a Session on the Charitable Trusts & NGOs - Changes on Tax Laws and CSR related challenges on 3rd December 2021. Mr.Vikram Vijayaraghavan, Co-Chairman, MCCI Direct Taxes Commi�ee welcomed the par�cipants and introduced the Chief Guest. The Keynote Address was by Mr.K.Ravi Ramachandran IRS, Commissioner of Income Tax (Exemp�ons), Government of India. Ms Rajashree Natarajan, Chairperson, CSR Commi�ee delivered the formal vote of thanks.

In the Technical Session, Ms.Subhashini Ganapathy , Founder Partner, Subashini & Associates LLP addressed on the Charitable Trusts & NGOs – Changes on Tax Laws and CSR issues & challenges. A�er the detailed address, the Q and A session was moderated by Mr.Vikram Vijayaraghavan & Ms Rajashree Natarajan, Chairperson, CSR Commi�ee. The queries were answered by Subhashini. Ms Vidya Durai , Co-Chair, MCCI CSR Commi�ee delivered the formal vote of thanks. The session was a�ended by 120 par�cipants and the feedback was posi�ve.

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15th December 2021

Conference on R & D as an Engine for Growth of Tamil Nadu

The Chamber organized a Conference on” R & D as an Engine for Growth of Tamil Nadu" on 15th December 2021. Mr.Srivats Ram, President, MCCI & Managing Director, Wheels India Ltd. gave the welcome Address. The theme presenta�on was by Mr Naveen Unni, Managing Partner, McKinsey & Company, Chennai.

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CHAMBER IN-TOUCH - DECEMBER 2021

MCCI

The Madras Chamber

The Chief Guests of the session were: • Thiru.Thangam Thennarasu , Hon’ble Minister, Industries Department, GoTN •

Dr.Palanivel Thiaga Rajan, Hon’ble Minister, Finance, Planning, Human Resource Management, Finance Department, GoTN

The Closing remarks for the session was given by Thiru. S. Krishnan IAS., Addi�onal Chief Secretary to Govt. Industries Department, GoTN. Followed by the Chief Guests address, there was a Panel Discussion. Mr.Raghu�ama Rao, CEO, Gopalakrishnan-Deshpande Centre for Innova�on and Entrepreneurship, IITM moderated the Panel Discussion. The Panelists were •

Mr.R.Velusamy, Chief of Global Product Development – Automo�ve Division, Mahindra & Mahindra

Mr. P. Kaniappan, Managing Director, WABCO India Ltd.

Mr.Mahendra Singhi, MD & CEO, Dalmia Cement (Bharat) Ltd.

Dr.Satya Chakravarthy, Professor, Dept. of Aerospace Engineering, IIT, Madras

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CHAMBER IN-TOUCH - DECEMBER 2021

MCCI

The Madras Chamber

A�er the Panel Discussion, Dr.Raghuram Rajan, Member, Economic Advisory Council, GoTN gave the concluding remarks. Mr. T. R. Kesavan, Vice President, MCCI &Group President (Corporate Rela�ons & Alliances) TAFE Ltd. proposed the formal vote of thanks. The session was well a�ended by more than 600 par�cipants.

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21st December 2021

Session on Electronic Duty Credit Ledger Regula�ons 2021 & Duty Remission Schemes The Chamber organized for a Session on” Electronic Duty Credit Ledger Regula�ons 2021 & Duty Remission Schemes” on 21st December 2021. Shri.U.Udayabhaskar Reddy, Chairman, MCCI Logis�cs commi�ee gave the Welcome Address. Shir.R.Srivatsan, Addi�onal Asst.Director, NACIN set the context and introduced the Chief Guest. The Chief Guest Shri.K.S.V.V.Prasad, IRS., Addi�onal Director General, Na�onal Academy of Customs Indirect Taxes & Narco�cs (NACIN) addressed the par�cipants on the importance of these regula�ons and the schemes. A�er the Chief Guest’s Address a Shri. Venugopalan Nair, IRS., Assistant Director Assistant Director – Training . Na�onal Academy of Customs Indirect Taxes & Narco�cs (NACIN) made an elaborate presenta�on for the benefit of the members. The presenta�on was followed by a Q and A Session and the queries were addressed.

Ms.K.Saraswathi, Secretary General, MCCI proposed the formal vote of thanks. Around 50 par�cipants a�ended the session.

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CHAMBER IN-TOUCH - DECEMBER 2021

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MCCI

The Madras Chamber

21st December 2021

Inhouse Training Session on HS Code 2022 (for Bector Dickinson Pvt. Ltd., Gurgeon)

The Chamber organized an exclusive Inhouse training session on HS Code 2022 for Bector Dickinson Pvt.Ltd., Gurgeon on 21st December, 2021. Mr. J. Krishan, Partner, S.Natesa Iyer Logis�cs LLP and General Commi�ee member of the Chamber was the resource person. Around 15 par�cipants joined the session and the feedback was posi�ve.

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22nd December 2021

Awareness Session on Produc�on Linked Incen�ve (PLI) Scheme (Automobile and Advanced Chemistry Cell – Ba�ery)

The Chamber organized for an Awareness Session on” Produc�on Linked Incen�ve (PLI) Scheme (Automobile and Advanced Chemistry Cell – Ba�ery) on 22nd December 2021. Ms K Saraswathi, Secretary General, MCCI gave the welcome address and introduced the Speakers. •

Mr Krishnan Arora , Partner – Indirect Taxes, Grand Thornton Bharat LLP

Mr PS Krishnan, Partner – Indirect Taxes, Grand Thornton Bharat LLP

Mr Mallikarjun N , Director – GST & Customs, Grand Thornton Bharat LLP

The resource persons made a presenta�on on the produc�on linked incen�ve scheme with a specific focus on automobile and advanced chemistry cell – Ba�ery). The presenta�on and addresses were followed by an interac�ve Q and A Session. Ms. K. Saraswathi, Secretary General, MCCI proposed the formal vote of thanks. The session was a�ended by 40 par�cipants and the feedback was posi�ve.

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CHAMBER IN-TOUCH - DECEMBER 2021

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MCCI

The Madras Chamber

28th December 2021

Seminar on EXIM Bank’s New Ini�a�ves for Indian Exporters (jointly with EXIM Bank) The Chamber organized an Outreach Seminar on the “EXIM Bank’s New Ini�a�ves for Indian Exporters” on 28th December 2021 jointly with EXIM Bank. Ms. K. Saraswathi, Secretary General, MCCI welcomed the par�cipants. Mr. J. Krishnan, Member, MCCI General Commi�ee & Partner, S Natesa Iyer Logis�cs LLP set the context by delivering the opening remarks.

Mr. B. Karthikeyan , Assistant General Manager & Regional Head, Export-Import Bank of India (India Exim Bank) made a detailed presenta�on on the various export Ini�a�ves offered by EXIM Bank. A�er the Presenta�on, there was a Special Address by Smt. F.D. Initha, Joint Director General of Foreign Trade, Directorate General of Foreign Trade, Ministry of Commerce, Govt. of India. In the Q and A session, the queries raised by the par�cipants was clarified by Mr. Karthikeyan and his team Mr.U.Udayabhaskara Reddy, Chairman, MCCI Logis�cs Commi�ee proposed the vote of thanks. The session was a�ended by 50 par�cipants

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29th December 2021

Session on HS Code 2022 (jointly with FIEO)

The Chamber jointly with FIEO organized a Session on HS Code 2022 for the members of FIEO on 29th December 2021. Mr. J. Krishan, Partner, S.Natesa Iyer Logis�cs LLP and General Commi�ee member of the Chamber was the resource person. The session was well a�ended by 70 par�cipants and the feedback was posi�ve.

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CHAMBER IN-TOUCH - DECEMBER 2021

MCCI

The Madras Chamber

General Commi�ee Mee�ng The General Commi�ee mee�ng was held on 11th December 2021.

Expert Commi�ees Mee�ng The Expert Commi�ee on Direct Taxes had a mee�ng on 8th December 2021 to discuss the issues for submi�ng the Pre Budget Memorandum on Direct Taxes. The Expert Commi�ee on GST had a mee�ng on 10th December 2021 to discuss the issues for submi�ng the Pre Budget Memorandum on GST. The consolidated Pre budget memorandum was sent to the Ministry of Finance on 22nd December 2021.

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