Preeti Shipping & Logistics Pvt ltd

Preeti Shipping & Logistics Pvt ltd A complete logistics solution at your Door step along with Customs clearance work to & fro from Indi

BrihanMumbai Custom Brokers Association has developed a robust digital platform for members for better and timely Export...
07/06/2019

BrihanMumbai Custom Brokers Association has developed a robust digital platform for members for better and timely Export/Import cargo. They have launched mobile application and website for its members, both are loaded with helpful features and keep them updated about the latest developments.

28/06/2017

Notification from Maersk / APM Terminals are affected and gates are closed

Pls find below notice received from Maersk Line :

quote-----------------


Dear Customer

Following on from our communications yesterday (27th June 2017) regarding the impact of the global cyber attack, Petya, on A.P. Møller-Maersk group, we can confirm that some of our IT and communications infrastructure have been impacted and we have proactively shut down as a security measure.

For now this means the following:

All immediate vessel operations will continue as planned, making the majority of planned port calls.

Access to most ports is not impacted, however some APM Terminals are affected and gates are closed

Cargo in transit will be offloaded as planned. Import Cargo will be released to credit customers

At the present time we are unfortunately unable to serve new quotes or accept future bookings. However we do greatly appreciate your patience and look forward to carrying your cargo as soon as it is practically possible

Unfortunately due to the impact on our IT and communications systems we are limited in our ability to communicate with you. We will continue to email you when appropriate and will be updating our Social Media channels regularly.

We apologize once again for any inconvenience this may cause your business and we are working hard to resume normal operations as soon as possible.

The Maersk Team

26/06/2017

1. 1st July - GST Regime Starts

2. 15th July onwards - Uploading of Sales / Outward Invoices

3. 20th August - Pay tax and Upload GSTR-3B for July (Self declaration form)

4. 1st – 5th September - File GSTR-1 for the month of July

5. 6th – 10th September - Download and Reconcile GSTR-2 for the month of July (auto populated from GSTR-1)

6. 11th- 15th Sept - File GSTR 3 for July

6A. 16th – 20thSeptember - File GSTR-1 for the month of August

7. 20th September - Pay tax and Upload GSTR-3B for Aug (Self declaration form)

8. 21st - 25th September Download 2A and Reconcile GSTR-2 for the month of August (auto populated from GSTR-1)

8A. 26th - 30th File GSTR 3 for August

9. 10th October - File GSTR-1 for the month of September

10. 15th October - File GSTR-2 for the month of September

11. 20th October - File GSTR-3 for the month of September

12. Cycle 9 to 11 continues..

This is to update you on the above
(in sequence of action to be taken) for GST.

Govt set up 2 call centres from Sunday for all your GST queries:
Tax payers may call 0120-4888999
Another No. 0124-4479900
Share this Info

26/06/2017

* HOW TO BE READY FOR GST*

Circular No. 1 :-

1. Get Complete your working for Closing Stock for the period 31.3.2017 / 30.6.2017 before GST Implementation date.

2. Allocate your such stock into quantative mode.

3. Get the A/c Statement from your Suppliers / Creditors for the year ended 31/3/2017 & compiled them from your books.

4. Rectify *Mismatch Reports of Purchases *, if persists .

5. Revise your Vat Returns if point no.4 applies to you.

6. Make strict follow-up to Collect all the C forms/H Form/ I forms.

7. Get your Books Finalise for FY 2016-17

8. Make a separate file of those items which are shown in your Unsold stock as on 30.6.2017 e.g. Purchase Bills/ Bill of Entry/ Excise Paying Documents etc.

9. Stock ageing be made to ascertain if any stock is more than 1yr old. If yes then dispose it off immediately or sell it to your sister concern against Tax Invoice locally.

10. Classify stock tax rate wise, purchased locally to get ITC into SGST.

11. Classify stock purchased on invoices bearing Duty Payment & non duty payments to get ITC transferred to CGST.

12. Inform your GSTIN / ARN to all suppliers of Goods & Services.

13. Obtain GSTIN of all Suppliers & Buyers.

14. Apply for migration in all states if you have centralised registration under Service Tax.

15. Train your accountants for GST accounting and returns formats.

16. Make Chart of HSN CODES & GST Rates on your goods & services to be purchased & Sold.

17. Check whether any stock of one year old is lying with you .

18. Analyse P and L and see which expenses are liable to RCM.

19. Be in regular touch with your GST Consultant .

20. Kindly Place the order to your printer for * Draft Format *of Tax Invoice/ Bill of Supply/ Debit - Credit Note etc ( as applicable to your business )

21. If you are planning to generate , invoices through any Software , do align with Software Consulting firm.

22. And Get approved the Draft ( pt no. 20-21) from your GST Expert.

23. Use only original Softwares for Accounting & Invoicing purposes.

24. Pl pay special attentions for any Calls, mails , messages or communication of your GST Consultant/ Department.

25. Make a practise to Upload your Sales / purchases on regular basis at GST Portal

26. GST / Interest/ penalty or any levy may be paid through RTGS/ NEFT/ Debit Card/ Credit Card Etc.

27. Due Dates for uploading of Returns :

GSTR 1 : 10th of Next Month
GSTR 2 : 15th of Next Month
GSTR 3. : 20th of Next Month
* ( For Regular Dealer ) *
GSTR 4. : 18th of Next Quarter * ( Composite Dealers ) *
GSTR 5 : 20th of Next Month * ( For Non Resident )*
GSTR 6 : 13th of Next Month *(Input Service Distributors)*
GSTR 7. : 10th of Next Month * ( For TDS Returns )*
GSTR 8. : 10th of Next Month *( E-Commerce Operators )*
GSTR 9. : 31st December of Next F.Y.
*(Registered Taxable Person)*

28. Penalty Provisions for non submission of GST returns : Rs 100/- per day but subject to max. Rs.5000/- in each acts.

29. Penalty Provisions for non submission of Annual Return is 0.25% of Annual Turnover .

30. Please Final the terms & remuneration of your GST Service provider before GST Implementation Date .

31. Option of revising the return is not available in GST Regime but you can modify your uploaded data by Debit & Credit Notes.

32. Every Normal Dealer filing GSTR 1 -3 required to submit Annual Return in GSTR 9 by the due date .

33. Late filing would be permitted on payment of late fees only. Hence late filing of return will not be possible without payment of fees.

34. A return furnished without payment of full tax due as per such return shall not be treated as a valid return for allowing input tax credit in respect of supplies made by such person.

35. Input tax credit is eligible only after filing a valid GST return.

28/05/2017

Due to planned maintainence activity,ICEGATE services will not be available on 28 May 2017 00:00 hrs to 08:00 hrs. *Registration Module : Users are requested to get themselves register ed immediately at ICEGATE. Registrants, who have not received any acceptance/rejection e-mail for their applications, please contact ICEGATE Registration team at Toll free-180030101000 or [email protected]

Hapag-Lloyd and UASC complete mergerDear Hapag-Lloyd and UASC Customers,Today, we are proud to announce that Hapag-Lloyd...
28/05/2017

Hapag-Lloyd and UASC complete merger
Dear Hapag-Lloyd and UASC Customers,

Today, we are proud to announce that Hapag-Lloyd and United Arab Shipping Company have completed the merger to become one combined company. This is a major milestone in the history of both companies as we continue to evolve to meet customer needs and adapt to market conditions.

In the “new” Hapag-Lloyd, one of the top 5 global carriers, we will be ready to deliver a number of important added benefits to you, including an extensive global network – now with added focus in the Middle East – making us capable of serving you even better, globally and locally. The combined company also boasts a larger, more efficient, and environmentally friendly fleet of vessels, allowing us to deploy the most effective vessel class in each of the trade lanes. Well-trained and experienced teams will be available to handle your cargo in an office near you, now with even deeper insights into your business. A financially solid business partner backed by a strong group of diversified shareholders will ensure your cargo is in safe hands at all times.

For the immediate future, the two companies will continue to operate independently as we work to integrate our internal systems and processes as quickly as possible. We therefore kindly ask you to continue working with your current Hapag-Lloyd/UASC counterparts in Sales, Customer Service, Operations and Finance. We will transfer the first UASC services to Hapag-Lloyd from mid July followed by the remaining services gradually over several weeks. Bookings for these services in Hapag-Lloyd’s systems will commence well in advance.

Over the course of the next few days, your Hapag-Lloyd or UASC account representative will contact you to explain what this will mean for your business and what you can expect in the coming weeks. Ensuring a smooth transition for you is our top priority. With two large, successful mergers in recent years, we have an industry-leading track record for conducting integrations rapidly and efficiently – and are confident of achieving this goal again. Your feedback is important to help us safeguard a continued successful relationship now and in the future.

We will provide regular updates about the progress of the integration of both companies through a weekly transition newsletter, which will also be published on www.hapag-lloyd.com and www.uasc.net. Should you have any immediate enquiries, please feel free to send us an e-mail at [email protected].

We would like to thank you for your continued support and loyalty during the integration period and we look forward to serving you even better!

Rolf Habben Jansen (CEO Hapag-Lloyd)

Jørn Hinge (President & CEO UASC)

Thorsten Haeser (CCO Hapag-Lloyd)

Uffe Østergaard (CCO UASC)

27/04/2017

POWER SHUTDOWN ON MAY 1st, 2017 - From 0800 hrs To 1700 hrs.

All are hereby requested to note that JNPT Electrical Maintenance Section has planned to carry out preventive (Shutdown) maintenance work of High Tension Switch-gears at MUSS,

and E – 4 to E -7 sub-stations inside Port Area from 0800 hrs to 1700 hrs on 1st May 2017. During this period, power supply will not be available in Port Area & JNPT Township.

Supply to re**er points at E – 6 (A) sub-station (Main Re**er Container Yard) will be fed from diesel generator sets installed at the sub-station.

However number of re**er containers shall be restricted to 576 only.Whereas, Power supply to Re**er points at E-4 & E-5 sub-stations will not be available.

View above, all are requested to monitor & control their Re**er Containers movement as JNPT Container Terminal would be in a position to plug not more than 576 numbers refrigerated cargo containers only during the period 0800 hrs to 1700 hrs on 1st May 2017.

The Container Gates will be closed from 0800 hrs and opened on or after 1300 hrs on 1st May 2017 subsequent to restoration of power supply (through Generator) to POC building and Container Gates Complex.

Active support from the Trade is solicited for planned shutdown of electrical system to ensure uninterrupted power supply in future.

05/03/2017

WT/L/931
15 July 2014
(14-4101) Page: 1/30 Preparatory Committee on Trade Facilitation
AGREEMENT ON TRADE FACILITATION Preamble
Members,
Having regard to the negotiations launched under the Doha Ministerial Declaration;
Recalling and reaffirming the mandate and principles contained in paragraph 27 of the Doha Ministerial Declaration (WT/MIN(01)/DEC/1) and in Annex D of the Decision of the Doha Work Programme adopted by the General Council on 1 August 2004 (WT/L/579), as well as in paragraph 33 of and Annex E to the Hong Kong Ministerial Declaration (WT/MIN(05)/DEC);
Desiring to clarify and improve relevant aspects of Articles V, VIII and X of the GATT 1994 with a view to further expediting the movement, release and clearance of goods, including goods in transit;
Recognizing the particular needs of developing and especially least-developed country Members and desiring to enhance assistance and support for capacity building in this area;
Recognizing the need for effective cooperation among Members on trade facilitation and customs compliance issues;
Hereby agree as follows:
SECTION I
ARTICLE 1: PUBLICATION AND AVAILABILITY OF INFORMATION
1 Publication
1.1 Each Member shall promptly publish the following information in a non-discriminatory and easily accessible manner in order to enable governments, traders, and other interested parties to become acquainted with them:
(a) procedures for importation, exportation, and transit (including port, airport, and other entry-point procedures), and required forms and documents;
(b) applied rates of duties and taxes of any kind imposed on or in connection with importation or exportation;
(c) fees and charges imposed by or for governmental agencies on or in connection with importation, exportation or transit;
(d) rules for the classification or valuation of products for customs purposes;
(e) laws, regulations, and administrative rulings of general application relating to rules of origin;
 This document has previously been issued under the symbol WT/PCTF/W/27.
WT/L/931 -2-
(f) import, export or transit restrictions or prohibitions;
(g) penalty provisions for breaches of import, export, or transit formalities;
(h) procedures for appeal or review;
(i) agreements or parts thereof with any country or countries relating to importation, exportation, or transit; and
(j) procedures relating to the administration of tariff quotas.
1.2 Nothing in these provisions shall be construed as requiring the publication or provision of
information other than in the language of the Member except as stated in paragraph 2.2.
2 Information Available Through Internet
2.1 Each Member shall make available, and update to the extent possible and as appropriate, the following through the internet:
(a) a description1 of its procedures for importation, exportation, and transit, including procedures for appeal or review, that informs governments, traders, and other interested parties of the practical steps needed for importation, exportation, and transit;
(b) the forms and documents required for importation into, exportation from, or transit through the territory of that Member;
(c) contact information on its enquiry point(s).
2.2
available in one of the official languages of the WTO.
Whenever practicable, the description referred to in subparagraph 2.1(a) shall also be made
2.3 Members are encouraged to make available further trade-related information through the internet, including relevant trade-related legislation and other items referred to in paragraph 1.1.
3 Enquiry Points
3.1 Each Member shall, within its available resources, establish or maintain one or more enquiry points to answer reasonable enquiries of governments, traders, and other interested parties on matters covered by paragraph 1.1 and to provide the required forms and documents referred to in subparagraph 1.1(a).
3.2 Members of a customs union or involved in regional integration may establish or maintain common enquiry points at the regional level to satisfy the requirement of paragraph 3.1 for common procedures.
3.3 Members are encouraged not to require the payment of a fee for answering enquiries and providing required forms and documents. If any, Members shall limit the amount of their fees and charges to the approximate cost of services rendered.
3.4 The enquiry points shall answer enquiries and provide the forms and documents within a reasonable time period set by each Member, which may vary depending on the nature or complexity of the request.
4 Notification
1 Each Member has the discretion to state on its website the legal limitations of this description.
Each Member shall notify the Committee on Trade Facilitation established under paragraph 1.1 of
Article 23 (referred to in this Agreement as the "Committee") of:
WT/L/931 -3-
(a) the official place(s) where the items in subparagraphs 1.1(a) to (j) have been published;
(b) the Uniform Resource Locators of website(s) referred to in paragraph 2.1; and
(c) the contact information of the enquiry points referred to in paragraph 3.1.
ARTICLE 2: OPPORTUNITY TO COMMENT, INFORMATION BEFORE ENTRY INTO FORCE, AND CONSULTATIONS
1 Opportunity to Comment and Information before Entry into Force
1.1 Each Member shall, to the extent practicable and in a manner consistent with its domestic law and legal system, provide opportunities and an appropriate time period to traders and other interested parties to comment on the proposed introduction or amendment of laws and regulations of general application related to the movement, release, and clearance of goods, including goods in transit.
1.2 Each Member shall, to the extent practicable and in a manner consistent with its domestic law and legal system, ensure that new or amended laws and regulations of general application related to the movement, release, and clearance of goods, including goods in transit, are published or information on them made otherwise publicly available, as early as possible before their entry into force, in order to enable traders and other interested parties to become acquainted with them.
1.3 Changes to duty rates or tariff rates, measures that have a relieving effect, measures the effectiveness of which would be undermined as a result of compliance with paragraphs 1.1 or 1.2, measures applied in urgent circumstances, or minor changes to domestic law and legal system are each excluded from paragraphs 1.1 and 1.2.
2 Consultations
Each Member shall, as appropriate, provide for regular consultations between its border agencies and traders or other stakeholders located within its territory.

Maersk Line today stopped booking export containers from Europe to Asia and the Middle East, according to market sources...
05/03/2017

Maersk Line today stopped booking export containers from Europe to Asia and the Middle East, according to market sources, while capacity is said to be extremely tight for other lines.

Air freight could feel the benefit, if the capacity crunch continues, according to one forwarder.

Maersk’s block on bookings runs until 27 March, but the situation will be reviewed on the 13th.

The only cargo exemption is when a prior space commitment has been given, according to a memo seen by The Loadstar.

A spokesman for Maersk said: “We can confirm that exceptionally high demand on North Europe to Asia trade has led to challenges with space availability and, consequently, to potential issues with the acceptance of bookings to our customers.

“We are currently reviewing all possible options to minimise this issue and thus reduce the impact to our customers’ business. We will stay in close touch with them to propose best options for securing the smoothest possible flows of their cargo.”

One Dubai logistics expert told The Loadstar the capacity problem was not restricted to Maersk.

“All carriers are congested beyond belief. It’s just like 2013, when there were no bookings for three months. I imagine a lot of carriers are repositioning vessels for the alliances. They are not running to their schedules.”

Ocean carriers blanked an estimated one-third of all westbound voyages in the first week of the Chinese new year holiday at the end of January, and this increased to almost 50% of sailings for the second week.

As a consequence, the respective eastbound voyages were also blanked – thought to be the main reason for the backhaul capacity crunch.

However, it appears likely that the tight booking situation on 2M alliance vessels has worsened with the perception that Maersk and MSC’s competitors will face some disruption from the reshuffle for the new alliances on 1 April.

Indeed, with just a few weeks remaining until the launch of THE Alliance, its UK hub port(s) has still not been officially announced. UK export customers of Hapag-Lloyd, Yang Ming and the Japanese trio of K Line, MOL and NYK are thought to be struggling to organise supply chains.

A beneficiary of the situation, should the block on containership bookings continue, would be air freight.

“They will have to switch to air freight, if the alternative is factory closures,” said one European forwarder.

“It has got to have an impact. They will need to air freight a certain amount. It will matter to European importers, less so to exporters.”

While one airline confirmed it had heard about the situation and was booked up for three months, charter broker Chapman Freeborn said it had seen no evidence of any additional demand and that forwarders had not reported problems with sea freight.

One European air freight forwarder said: “My understanding is that the main issues have been experienced by waste exporters. They typically demand low freight rates, although they have volume, but are usually first to be hit when things are tight and higher margin business is available. They would never consider air freighting this as there is such little value in the ‘product.”

Although Maersk has been the subject of export shipper concerns, it is understood that its 2M partner, MSC, has also introduced some “booking restrictions”. And another Felixstowe-based carrier told The Loadstar today “export space is tight at the moment”.

Meanwhile, as previously reported by The Loadstar, Asia-Europe eastbound rates have soared in the past month – Maersk Line’s FAK (freight all kinds) backhaul rates for March are higher than their headhaul equivalent.

Furthermore, freight rates for high-volume export commodities, such as wastepaper and cardboard for recycling in China, have been hiked even higher, with Maersk charging $2,125 per 40ft from Felixstowe, compared with $1,600 for other commodities.

MERETE MAERSK - off Algeciras 09/02/17 - Note containers fallen over after her passage through a storm.
17/02/2017

MERETE MAERSK - off Algeciras 09/02/17 - Note containers fallen over after her passage through a storm.

Flash strike by local labours at JNPT, work related to clearance has been adversely effected
05/01/2017

Flash strike by local labours at JNPT, work related to clearance has been adversely effected

Vsl HANJIN MONACO Awating to get berth @ Qingdao Port  since 10 days...Chinese Government denied to accept the Berthing ...
13/09/2016

Vsl HANJIN MONACO Awating to get berth @ Qingdao Port since 10 days...Chinese Government denied to accept the Berthing of vsl. Negotiation is going on & results are yet to come.

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