Suggestions for Pre-Budget Proposals 2021 – 22

Circular No.: ES/337/2020-21                                                                               14th October, 2020

To: Members of the Council

Sub: Suggestions for Pre-Budget Proposals 2021 – 22

Dear Member,

As the Pre-Budget exercise for the next Financial Year i.e. 2021-22 has been initiated by the Government of India, we would like to inform you that the Council has received a communication from the Trade Finance Section, Ministry of Commerce & Industry seeking suggestions for Pre-Budget Proposals 2021–-22. 

In this connection, we seek your suggestions for inclusion in the Pre-Budget Proposals 2021–22.

Please make a note of the following:

1)    Budget Proposals should be complete in all respects, properly categorized and HS Codes for each commodity must be provided.

2)    Your suggestion may be supplemented and justified with relevant information to support your proposal.

3)    The suggestions may be sent in the below format :

Sr. No.

Name of the Company

Issue

Justification

1

 

 

 

2

 

 

 

4)    You are also requested to kindly fill-in the details in the Proformas provided by the Ministry :

Proforma - 1

1

Name of the Division / Sector

 

2

Name of Commodity/ Services

 

3

Title

 

4

Source

 

5

Nature

 

6

Proposal

 

7

Accepted by DOC (in case of old proposal only)

 

8

Accepted by GOI (in case of old proposal only)

 

9

Recommendation

 

10

Remarks

 

Proforma – 2

1

Name of the Division / Sector

 

2

Name of Commodity/ Services

 

3 (a)

Nature of Proposal

 

3 (b)

Classification

 

3 (c)

Present level of Duties

 

3 (d)

Proposed level of Duties

 

3 (e)

Proposal (Old or New)

 

3 (f)

Size of the Domestic industry

 

3 (g)

Issues related to Inverted Duty Structure

 

3 (h)

Revenue Implication

 

3 (i)

Impact of change in duty structure on domestic industry, if any

 

3 (j)

Custom Duty of the goods in ASEAN / SAARC countries

 

3 (k)

Bound rates of India in WTO

 

4

Justification of the Division in favour of the Proposal

 

5

Recommendations

 

6

Brief title of the recommendation

 

Members are requested to kindly send us your suggestions/ views as word document in the form of separate attachments as per the above given format latest by 18th October, 2020 to ed@rtepc.in / sybil@srtepc.in / annie@srtepc.in/ es@srtepc.in for enabling us to send the same to the concerned department. 

Members may kindly make a note of the above and do the needful at the earliest.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

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