Minutes of M.C Meeting -March 02, 2019

PSPA/MTG-09/07/2019                                                                         March 14, 2019

 ALL PSPA MEMBERS.

 

Subject: –      MINUTES OF THE MANAGING COMMITTEE MEETING OF PSPA HELD                          AT OFFICE OF THE ASSOCIATION AT 12 P.M ON MARCH 02, 2019.

Dear Sir,

 

  1. Minutes of the above mentioned Meeting are enclosed herewith for your perusal please.

 

  1. The following were present: –

 

  1. Mr. Khalid Jahangir Butt Chairman,

                                                                    P.S.P.A

  1. Sh. Muhammad Akif Senior Vice Chairman,

                                                                    P.S.P.A    

  1. Mr. Waqas Khalid Vice Chairman,

                                                                        P.S.P.A

  1.   Sh. Nadeem Anwar                               Director,                                                                                                                                  A.N Industries           
  2. Mr. Muhammad Hashim                         Director,

                                                                    Bashir Pipe Industries

  1. Mr. Kamran Hameed Butt C.E.O,

                                                                    Kamran Steel

  1. Mr. Muhammad Ehsan Director,

                                                                    Mehboob Steel Pipe Industry

  1. Mian Farooq Ahmed C.E.O,

                                                                    Jamal Pipe Industries

  1. Mr. Amjad Sharif                                    Director,

                                                                        A&A Pipe Industry

  1. Mr. Qaisar Latif C.E.O,

                                                                        Ruby Steel Corp.

  1. Mr. Shahzad Yasin Director,

                                                                        Modern Pipe Mills

  1. Mr. Faisal Islam                         Director,

                                                                        Tayyaba Industries International

  1. Mr. Muhammad Ammar Director,                                     Imran Pipe Mills
  2. Mr. Ahsan Rashid Director,

                                                                    Shaikh Pipe Mills

  1. p. Mr. Ejaz Ahmad Manager Liaison,

                                                                                    Crescent Steel & Allied Products

  1. Mr. Munir Hussain General Manager,

                                                                                    Rizwan Industrial Corp.

  1. Mr. Sumair Saeed Representative

                                                                        Akhtar Ali & Associates

  1. Brig. M. Ajmal Khan (Retd.).                 Secretary General,                                                                                                       P.S.P.A.

 

PROCEEDINGS

 

  1. The Meeting started with the recitation from the Holy Quran by Mr. Ejaz Ahmed

and was presided over by Mr. Khalid Jahangir Butt, Chairman of PSPA.   

 

                  POINT/ DECISION                            ACTION/REMARKS.                 

         Approval Of The Minutes Of M.C. Meeting Held On Feb 06, 2019.

 

  1. The Secretary General P.S.P.A. went through Minutes of the M.C. Meeting held

on Feb 06, 2019. The Minutes were considered to be recorded correctly. Mian Farooq Ahmed proposed that the Minutes be approved. Mr. Amjad Sharif seconded the proposal. Thus, these Minutes were approved and signed as such by Senior Vice Chairman PSPA, Sh. Muhammad Akif.

Advertisements in Newspapers.

  1. The members were told to contribute the amount as requested vide this office

email dated February 13, 2019 which is reproduced as under;

 

“Appeals to Prime Minister, Finance Minster and Chairman FBR were advertised in different newspapers by the Chairman PSPA on the subject of misuse of Serial 5 of SRO 565 and excessive duties and Taxes on raw material for Steel Pipe Manufacturers. A sum of Rs. 600,000/- (rupees six hundred thousand only) have been spent on these advertisements and few more are likely to be published in the newspapers of the country. You are therefore requested to pay an amount of Rs. 40,000/-                       (rupees forty thousand only) each so that the amount is paid back to Grandeur Metals (Pvt.) Ltd, Victory Pipe Industries (Pvt.) Ltd, Win Pipe Industries (Pvt.) Ltd and Shaheen Pipe Industry (Pvt.) Ltd who have cleared the total bill already. The publishing of advertisements will be formally regularized by getting the approval of the Managing Committee during its Meeting scheduled on March 06, 2019.

 

An early action will be highly appreciated please.”

     

Budget Proposals for financial year 2019-20.

  1. The Chairman told the Managing Committee that he had sent the Budget Proposals to Member Policy, FBR, Islamabad vide letter No- PSAP/FBR-2019/01-01 dated January 08, 2019.

He also informed the Meeting that he would soon be sending another letter to Minster of State for Revenue on the same subject. The Association received the fresh letter dated March 06, 2019 which is reproduced as under;

 

 

 

 

 

 

 

 

 


Fixation of price for Conduit Pipes.

 

  1. The Chairman assured the Meeting that the meter will be finalized soon.

W.E.F 20.03.2019

This was done by circulating the finalized Price list and the Notification dated March 20, 2019 both are reproduced as under;

                     “

 

 

0.6 0.7 0.8 0.9 1 1.2 1.6

23 G 22 G  21 G  20 G 19 G 18 G 16 G

1 X 1-1/2

L SMALL   1/2 X 2

1-1/2 X 1-1/2

 

PAKISTAN STEEL LINEPIPE INDUSTRY ASSOCIATION

FINAL APPROVED  RATE LIST

SIZE

P / FT P / FT P / FT P / FT P / FT P / FT P / FT

3/8 X 3/8

7.26 8.59 9.56 10.86 11.85 13.84 17.78

1/2 X 1/2

9.26 10.57 11.87 13.14 14.45 17.09 22.31

5/8 X 5/8 — 3/8 X 3/4

10.73 12.69 13.96 16.22 17.51 20.45 26.94

3/4 X 34 — 1 X 1/2

1 X 1 — 1/2 x 1-1/2– 19 x 42

1-1/4 X 1-1/4 — 3/4 x 1-1/2

Z – T – L

2 X 2

1-1/2 X 3

 

14.53 17.47 19.04 20.58 23.83 28.38 36.74

18.79 21.01 23.87 27.02 30.22 35.37 46.22

21.39 25.92 29.06 32.17 36.00 42.74 56.42

 

23.40 27.24 31.37 35.45 38.62 46.33 61.28

 

23.75 27.65 31.85 35.99 39.21 47.04 62.23

 

27.47 32.60 36.35 40.71 45.15 53.46 70.25

27.89 33.10 36.91 41.33 45.84 54.29 71.34

32.71 37.52 43.92 49.59 55.02 65.01 85.44

42.93 49.39 55.78 63.41 70.50 84.15 110.86

 

 

 

NOTIFICATION OF PIPE RAE LIST

 

 

Dear All Members,

 

It is to intimate you all that after long discussion with

Pipe Mill Owners and Traders, we have revised and finalized new pipe rate list w.e.f 20-03-2019.

 

In this connection, it is humble request to follow and

apply only approved pipe rate list of PSPA.

 

Moreover, kindly discard/trash all previous rate lists. If

anybody to be found on implementation of rates other than approved rate list of PSPA then necessary action shall be taken by association against him.

 

 

Best Regards

 

 

 

Khalid Jahangir Butt

Chairman

Pakistan Steel Linepipe Industry Association

 

 

 


Annual Subscriptions.

  1. The Chairman was of the view that a revenue committee from among the PSPA Members should be constituted who should undertake this responsibility.

 

 

  1. There being no other point, the meeting came to an end with a vote of thanks

to the chair.

 

 

Thanking you,

Yours truly,

 

 

 

Brig. Muhammad Ajmal Khan (Retd.)

Secretary General P.S.P.A.

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