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31st October 2019/ Participate in ISEPC sponsored SOURCING AT SPRING FAIR, U. K. under MAI Scheme of Deptt. of Commerce from 2-6 February 2020

GOLDEN OPPORTUNITY TO EXPLORE U.K.

 

 To: Members of the Council;

 

SUBJECT: Golden opportunity to participate in ISEPC’s sponsored “ SOURCING AT SPRING FAIR, U. K. under MAI Scheme of  Deptt. of Commerce from 2-6 February 2020.  

 

Dear Members,

We have the pleasure to inform you that ISEPC is sponsoring participation of its members in SOURCING AT SPRING FAIR from 2nd to 6th February 2020 in the NEC, BIRMINGHAM, where around more than 50000 retail professionals from 100 countries worldwide meet over 2500+ participants each year.

Sourcing at Spring Fair is the new, trend driven destination to meet home décor, contract textile and gif manufacturers from international fabricating countries.

Sourcing will inspire and spark creativity with 24 months trend forecasts by color. Sourcing Immersive in hall 18 will bring to life colours and textures through thought-provoking installations and talks.

Sourcing makes it easy to specify high volumes production from manufacturing countries within Europe, Asia, Africa and South America.

Sourcing is co-located with Spring Fair, the largest home & gift marketplace in the UK.

 

Participation Charges: The participation charges do not include air-fare, hotel expenditure or any other kind of personal expenses (logistics etc):

Particulars

Participation charges (Rs.)

Inclusive of

Cost per booth of 9 sq mtr. under MAI Scheme

Rs. 1,50,000/-

9 or 6 mtr wall panels

3 chairs, 1 carpet, 1 table, 3 spotlight, 1 info desk, 6 shelves, 1 rubbish bin, tea/coffee complimentary.

Cost per booth of 6 sq mtr. under MAI Scheme

Rs. 1,00,000/-

 

       Payment options: 50% payment with signed Application;

       50% balance payment on allotment or before 31st December 2020 whichever` is earlier;

 

Eligibility for financial assistance under Market Access Initiative (MAI)  scheme shall be governed by theNotification No. 11/197/2016-E&MDA dated 16.02.2018 issued by the Department of  Commerce, Ministry of Commerce & Industry, (E&MDA) Division  regarding eligibility for availing MAI grant which debar a member for participation in more than 2 activities in a year abroad. Since this is a Govt sponsored MAI approved activity for abroad, GST is not being charged and TDS if deducted should be @ 2%, since, the Council is playing the role of coordinator / facilitator and not receiving the payment as rental.

The Council reserves the right to refuse participation to any applicant in case not found eligible as per MAI guidelines or it is oversold, without assigning any reason.

 

Reimbursement of travel claim:

Participants in this exhibition shall also be eligible for reimbursement of airfare (economic class), if approved & sanctioned by Ministry of Commerce, as per terms and conditions laid down by the Deptt of Commerce vide their letter of 17th January 2019 and subject to ISEPC’s Exhibition Committee approval.

 

Payment Mode:

Demand Draft, Pay Order or Cheque in the name of “The Indian Silk Export Promotion Council” (payable at New Delhi) may be sent  at New Delhi Office of Silk Council at 1302-04, Ansal Tower, 38, Nehru Place, New Delhi – 110 019, India;

 Payment can also be sent through NEFT / RTGS to the following account:

BENEFICIARY: THE INDIAN SILK EXPORT PROMOTION COUNCIL

A/C NO: 653010100019576  

IFS CODE: UTIB0001771

BANK: AXIS BANK LTD

ADDRESS: B-1 / I-1, MOHAN COOPERATIV INDUSTRIAL ESTATE, MATHURA ROAD, NEW DELHI-110044

 

Guidelines for allotment of the booths:

 1. All  participants who have paid the full participation fee in time would be considered for allotment of booths through draw of lot;

2. No change in the booths, once allotted would be entertained under any circumstances;

3. The decision of the Chairman (Exhibition Committee)-ISEPC, would be final and binding in case of any dispute;

4. The participation is on FIRST-CUM-FIRST SERVED (FCFS) basis till all booths are sold;

 

Waitlist:

In case, applications are over-subscribed, a waitlist will be maintained, which would be considered on FCFS basis. Applicants are advised to ensure that they possess necessary visa to enter UK at their end. No request for refund will be entertained by ISEPC if for any reason whatsoever even if visa is not granted;

 

Application form:

The blank application format are enclosed herewith for your ready reference & doing the needful. The Circular / application may also be downloaded from our website.

 

 

Thanking you,

Yours Sincerely,

Sd/-

(T.S. Chadha)

Offg. Executive Director

 

Enclosure: Application Form

 

 

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 31st October 2019/ Participate in ISEPC sponsored SOURCING AT SPRING FAIR, U. K. under MAI Scheme of Deptt. of Commerce from 2-6 February 2020