Denzong Albrew to brew Kingfisher beer, eyes Beer Tourism potential as well

Denzong Albrew to brew Kingfisher beer, eyes Beer Tourism potential as well

GANGTOK, 08 May: Denzong Albrew Pvt. Ltd. situated at Darpaney on Rongli Road at Rhenock in East Sikkim has started production of Kingfisher Beer in technical collaboration with United Breweries Ltd. of Dr. Vijay Mallya.
Kalyan Ganguly, president & Managing Director of United Breweries, accompanied by Cedric Vaz, Executive Vice President- Manufacturing and C. Gourishankar, Divisional Vice President (East), visited the plant last Thursday, a press release informs.
The brewery is proposed to expand capacity of 1,50,000 HL to 3,00,000 HL per annum to cater the growing market in the Northeastern states, West Bengal and Bhutan, the release adds.

Further, impressed with the unit’s scenic location, the UB MD, Mr. Ganguly, shared plans to develop the unit as a tourist destination, with visiting tourists given a tour of the brewery and ending the tour with beer tasting session, as was being done in many plants in Europe.
The release adds that UB proposes to do this in consultation with the State Government and also promote it on the in-flight magazines of Kingfisher airlines.
The plant is located near Aritar above Rhenock and also plans to start supplying draught beer in the Sikkim market soon, the release adds.
The unit claims to have a state-of-the-art brewery with fully automated processing plant and one of the best in-house laboratory facilities in the country. The plant was set up by Denzong Albrew in consultation with United Breweries and the process plant has been manufactured and supplied by Praj Industries on turnkey basis. The bottling plant has been supplied by KHS India and utilities by Thermax, IDMC and Chicago Phuenumatic. The filtration plant has been imported from Della Toffola, Italy.
The plant is scheduled for a June 2011 inauguration.

 

source;SIKKIMNOW

Data source: RBI

Dabur India Ltd

Source: CEA

Chinese authorities impose tax on Indian goods


Gangtok, May 10: The sixth edition of India-China border trade via Nathula has suffered a setback with the Chinese authorities imposing tax on Indian goods for the cross-border trade. The Indian traders could not participate in the trade since Thursday last after the Chinese authorities at Nathula border gate did not clear their goods on May 4. The Chinese authorities allegedly told the Indian traders that they did not recognise the list of items approved by the Indian Government.

This was communicated formally to DC (East) D Anandan, who is also the border-trade pass issuing authority, yesterday by the newly formed Indo-China Border Trade (Sikkim) Association at his office in DAC (East), Sichey. The traders also shared their experiences of Wednesday (May 4) with the DC, Commerce and Industries Director K Kafley and Deputy Secretary Sumita Pradhan. They said the mart (Donqingang) in-charge of China side informed that they would impose tax per kilogram on the approved items to be exported to China.

The DC said the custom duties could not be imposed on border trade items as per the bilateral agreement of 2006 between India and China when the historic Nathula border trade was resumed. “The border trade has been going on smoothly for the past five years, with no such issue of customs duty being raised, and we have received no official communication stating that customs duty will be imposed,” he said.

The DC assured the traders that the State Commerce and Industries secretary would be writing to the Ministry of External Affairs on the issue of customs duty and not recognising the exportable list of Indian items. Since it’s an international subject, the Indian Government would take up the issue with the Chinese Government and ask why our goods were stopped, he said.

In the meantime, the DC suggested the traders to keep the channel of communication with their border-trade counterparts open and resume trade if the Chinese authorities settle the present matter. (UNI)

Salaried people earning 5 lakh a year to be exempted from filing IT return


May 8, 1:56 PM

About 85 lakh salaried people earning less than 5 lakh rupees a year will be exempted from filing Income Tax returns this year. According to official sources as per the Memorandum to the Finance Bill 2011, the government will be issuing a notification in this regard. It has decoded to exempt persons earning less than 5 lakh rupees a year from filing I-T returns for the assessment year 2011-12. The decision will come into effect from the first of next month. The Form 16 issued to salaried employees will be treated as Income Tax Return.

Official sources said, in case such a salaried person has income from other sources like dividend or interest and do not want to file returns, employee will have to disclose such income to his employer for tax deduction.

However, if such an assesse wants to claim a refund, he will have to file the I-T return.

Kingfisher Beer starts its production in Sikkim

Denzong Albrew Pvt. Ltd. situated at Darpaney, Mulukhey, Rongli Road, Rhenock, East Sikkim has started production of Kingfisher Beer in Technical Collaboration with United Breweries Ltd. a flagship company of Dr. Vijay Mallya.

Mr. Kalyan Ganguly, President and Managing Director of United Brewery along with Mr. Cedric Vaz- Executive Vice President- Manufacturing and Mr. Gourishankar, Divisional President (East) visited the plant on 5th May.

Mr. Ganguly highly appreciated the unit located in such a scenic area. The brewery shall expand its capacity of 150000 HL to 300000 HL per annum to cater the growing market of United Breweries Ltd. in the Northeast States, West Bengal and Bhutan. Impressed by high potential of tourism in Sikkim and plant scenic location and its high tech technology Mr. Ganguly has planned to have the unit as a tourist destination, where tourist will be taken around the plant and process of beer making explained to them with beer testing like many plants in European countries in consultation with Government of Sikkim, further Kingfisher airlines will also include the same in its magazines and other ad materials to boost Sikkim Tourism.

The plant is located near Aritar which is famous tourist spot in East Sikkim. The plant will also start selling draught beer in Sikkim market.

The unit is state of art modern brewery with fully automated processing plant and one of the best in-house laboratory facilities in the country. The plant was set up by Denzong Albrew Pvt. Ltd. In consultation with United Breweries Ltd. and the process plant has been manufactured and supplied by Praj Industries Ltd., Pune on turnkey basis.

The bottling plant is supplied by KHS India and utilities by Thermax, IMDC and Chicago Phuenumatic. The filtration plant has been imported from Della Toffola, Italy.

Mr. L.D. Bhargava, Ex. UB Project Head was overall incharge of the project. The unit is giving boast to local employment and rendering technical training in UB’s breweries. The plant is scheduled to be completed for inauguration in June 2011 as per Director, Mr. Rishi Kumar Mittal.

Courtesy: Sikkim Mail