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PMR Celebrates It's 32nd Anniversary

PMR Celebrates It's 32nd Anniversary along with AIM 2018

PM Relocations recently turned 32 this year on February 7th, 2018 marking constantly flourishing presence in the relocation industry. We are thankful for your continuous support and belief in us. An exciting celebration does say everything and this time our annual conference AIM made it up to the mark. ‘AIM-2018’ was a five day in house celebration in PMR with all our branches starting from 9th Feb heading to its end on 13th Feb, 2018.

The AIM conference is not only an opportunity to present and develop an individual’s leadership skills, talk about business strategies to lead the industry in the coming years but also a time to celebrate the spirit of being a PMRiean. The 5 day gala conference included ‘TED-EX’ speaker Mr. Sahil Sahore , individual presentation line-ups, dance performances, skits, award ceremonies, food and loads of fun. The underlying theme of the conference was ‘AIM to WIN’ in the cut-throat competitive relocation environment here in India. To catch glimpses of our 5 day event visit our FB page: https://www.facebook.com/Pmrelocations

Custom Duty Hiked From 36.05% to 38.05%

CUSTOM DUTY HIKED FROM 36.05% TO 38.05%

PMR would like to bring your kind attention to the revised custom duty percentage in India. The custom duty has been hiked from 36.05 per cent to 38.05 per cent effective from 2nd February 2018 as per the information floated by the Customs in India.

Apart from this Social Welfare Surcharge is being levied on imported goods with effect from 2nd February 2018 to provide and finance education, health and social security. A Social Welfare Surcharge (SWS) @ 10% has been introduced, replacing the education cess and secondary and higher education cess leviable on imported goods. SWS shall be calculated on the aggregate of duties, taxes and cesses applicable on such goods (excluding safeguard duty, countervailing duty, anti-dumping duty, Integrated Goods and Service Tax and Goods and Service Tax Compensation Cess). The import of petrol, high speed diesel, silver and gold shall be exigible to concessional rates of SWS @ 3%. Various other products, such as those exempted from education cess earlier, shall continue to be exempted from the levy of SWS.

For more information on the situation, please write to marketing@pmrelocations.com

Important Update: Clash in Pune Leaves The City In Riot Condition

Clash in Pune Leaves The City In Riot Condition

PM Relocations would like to inform you about the apparent riots which started on 02nd January 2018 between two communities, the Dalits and the Marathas in Pune. Lakhs of Dalits gathered in the city to attend an event to commemorate the 200th anniversary of the battle of Bhima Koregaon on 01st January 2018, which was followed by violent clashes between Dalit and Maratha groups, resulting in riot situation, death of at least one person and injuries to several others.

The situation has also spread to certain parts of Mumbai such as Chembur, Mulund and Thane over the last 24 hours. Currently the local police officials have asked all offices including the PMR Office in Pune to be closed till the situation settles down. Many shops, offices, hotels and roads in Mumbai also have been asked to shut down to avoid the ripple effect of the ongoing tension in Pune. Our team will keep you informed on the developments with regards to the cargo delays and job rescheduling during the next few days till the situation resumes normalcy.

For more information on the situation, please write to marketing@pmrelocations.com

India Gears Up for GST Roll-Out

We at P. M. Relocations are in a process of applying GST to all our invoices from 1st July 2017, our team would be making sure that this transition is done smoothly. Below are some points to be considered after 1st July 2017

  • We would be charging 18% GST from 1st July 2017
  • Also with effect from 1st July 2017 integrated goods and service tax (IGST) and GST Compensation Act would come into force.
  • Cargo arrived up to 30th June 2017 would not attract IGST and GST Compensation Cess even though the clearance may happen after 1st July 2017.
  • Importers may familiarize themselves with IGST and GST Compensation Cess rate scheduled and exemptions that are available on CBEC Website (www.cbec.gov.in)
  • New Bill of entry, shipping bill and courier import and export forms – both electronic and manual – are available on CBEC Website (www.cbec.gov.in)
  • Exports are zero – rated supplies under GST law. Exporter would be entitled to refund of IGST paid on exports or refund of accumulated input credit on inputs used towards exports. Refund of IGST for exports would be based on GSTIN declared in the shipping bill.
  • 100% exports oriented units would attract IGST on imports from 1st July 2017.

For more industry updates, please write to us at: marketing@pmrelocations.com

CEO, Aakanksha Bhargava, can be reached out more easily now!

Ms. Aakanksha Bhargava, CEO of P. M. Relocations, is now live on Social Media and on her Website. If you have any queries about Relocation or if you need an expert advice on packing and moving, you can now easily get in touch with her through Social Media.

You can reach her on Facebook(https://www.facebook.com/aakankshaofficial/), Twitter (https://twitter.com/aakanksha_85), Instagram (https://www.instagram.com/aakanksha_85/), and LinkedIn (https://www.linkedin.com/in/aakanksha-bhargava-107783b/)