TIOL-DDT 1140 · the untouched capture
Rendered as it looked. Links and images are disabled in this view; the file itself is untouched.
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"> <html> <head> <title>Untitled Document</title> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> </head> <body bgcolor="#FFFFFF"> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399" size="3">TIOL-DDT 1140</font><br> 25.06.2009<br> Thursday</strong></font></p> <p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600">Provisional Anti Dumping Duty on DETPC</font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Government has imposed Provisional Anti Dumping Duty on imports of Diethyl Thio Phosphoryl Chloride, commonly known as DETPC falling under heading 2930, originating in or exported from, the People's Republic of China.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The anti-dumping duty imposed shall be effective up to and inclusive of the 21st December, 2009, and shall be payable in Indian currency.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=23&filename=notification/custom/2009/ctariff09_073.htm" target="_blank">Notification No. 73/2009- Cus ., Dated: June 22, 2009</a></strong></font></p> <p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Provisional Anti Dumping Duty on Phosphoric Acid</strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Government has imposed Provisional Anti Dumping Duty on imports of Phosphoric Acid of all grades and all concentration (excluding Agriculture or Fertiliser grade), falling under sub-heading 2809 20, originating in, or exported from, Korea RP.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The anti-dumping duty imposed shall be effective up to and inclusive of the 21st December, 2009, and shall be payable in Indian currency.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=23&filename=notification/custom/2009/ctariff09_074.htm" target="_blank">Notification No. 74/2009- Cus ., Dated: June 22, 2009</a></strong></font></p> <p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600">Import of metal scrap – submission of copy of contract between buyer and seller – Commercially sensitive information leaked</font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As per paragraph 2.32 of HBPv1, import of metal scrap in shredded/unshredded form is subject to the condition that the importer shall submit a copy of contract between the importer and exporter stipulating that the consignment does not contain any type of arms, ammunitions, mines, shells, cartridges, radioactive contaminated, or any other explosive material in any form either used or otherwise.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Representations have been received by DGFT stating that, in case they submit the original sales contract stipulating the above condition to Customs, there are chances of their commercially sensitive information being divulged.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The kind DGFT has clarified that import contract shall also include a separate contract (other than the original sales contract) between importer and exporter stating the above cited provisions.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This is really strange – Importers not wanting to share their sales contracts with Customs and the DGFT graciously agreeing. Even now, what prevents the Customs from asking for the Original Sales Contract? And in any case this is a SECURITY matter and needs to be treated differently.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=46&filename=notification/dgft/2008/dgft08cir096.htm" target="_blank">DGFT Policy Circular No. 96 (RE- 08 ) 2004-09 Dated: June 24, 2009</a></strong></font></p> <p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600">RTI </font></strong><font color="#006600"><strong> Act – Right to Information for the Citizen and Right to conceal it for the Government</strong></font></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Government is all about concealing information. The Babus know that knowledge is power and that power is better vested with the babus rather than the masters that is the citizens. But most often the power is wasted on the babus.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Ministry of Personnel, Public Grievances & Pensions has issued certain instructions on the RTI Act.</font></p> <blockquote> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. <strong>Disclosure of 'file noting' under the Right to Information Act, 2005: </strong>The Ministry has clarified that file noting can be disclosed except file noting containing information exempt from disclosure under section 8 of the Act. - <strong><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=wnew/rti_clarification_1.htm" target="_blank">No.1 /20/2009- IR Dated: June 24, 2009</a>.</strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. <strong>No Benches of the CIC: </strong> It is observed that the Central Information Commission and some State Information Commissions are taking decisions on the complaints and the appeals by constituting Benches. Provision of Section 12(4) of the RTI Act does not empower the Chief Information Commissioner to constitute the Benches. In view of this legal position, it is advised that decisions on the complaints and appeals should be taken by the Central Information Commission as defined in Section 2(b) of the RTI Act, 2005 and not by the Benches of the Commission. - <strong><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=wnew/rti_clarification_2.htm" target="_blank">No.1 /1/2009- IR Dated: May 22, 2009</a>.</strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. <strong>No Bench for the State Commission too: </strong> The State Information Commission is to be advised that decisions on the complaints and appeals should be taken by the State Information Commission as defined in Section 2(k) of the RTI Act, 2005 and not by the Benches of the Commission. -<a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=wnew/rti_clarification_3.htm" target="_blank"> <strong>No.1 /1/2009- IR Dated: May 22, 2009</strong></a><strong>.</strong></font></p> </blockquote> <p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600">Where deduction u/s 80HHC as also u/s 80- IA are claimed, relief allowed u/s 80- IA is to be deducted from profits and gains on which relief u/s 80HHC of the Act is to be computed – Revenue wins big case – Special Bench order in Rogini Garments upheld - ITAT Five Member Bench </font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The ITAT five Member Bench in a landmark decision upheld the order of a Special Bench in preference to a High Court order, at the same time emphasising that there was no question of not following the High Court.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This is a record even for us. The Five Member Bench order was delivered on 23.06.2009 and we bring it to you today, 25.06.2009 within a day. I wanted to carry this order tomorrow, but my colleague who secured this order insisted that we carry it today. And here it is for you.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Please see <strong>Breaking News.</strong></font></p> <p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600">Jurispruden</font><font color="#FF6633" size="5">tiol</font><font color="#006600">–Friday's cases</font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><strong><strong><strong><strong><strong><strong><b><img src="http://www.taxindiaonline.com/RC2/image/stories/ddt_hammer.jpg" alt="Legal Corner Icon" width="100" height="84" hspace="5" border="0" align="left"></b></strong></strong></strong></strong></strong></strong></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font><font color="#663399">Central Excise</font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#FF6600">Central Excise – CENVAT Credit - plastic dropper packed in the paediatric drops container – input – eligible for credit – High Court </font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>WHERE</strong> dropper is provided in the carton along with bottle containing the drug it amounts to manufacture and the manufacturer is entitled to credit of duty paid on such product being input of the firm product. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">Income Tax</font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#FF6600">Extension of time for Foreign Exchange remittance – CIT's order not appealed against – Fresh appeal not valid – What AO could not do, CIT(A) or Tribunal also cannot do: ITAT </font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>AGAINST</strong> this order, the assessee did not file any appeal. The obvious presumption is that the assessee was not aggrieved by the order. In the process, the order of the Assessing Officer got merged with the order of the CIT(A). Once it got merged with the order of the CIT (A), the Assessing Officer became <em>functus officio </em>so far as his original order is concerned. </font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">Customs</font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#FF6600">Seizure – Show Cause Notice issued after three years – goods liable to be released: Bombay High Court </font></strong></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>ADMITTEDLY</strong>, the show cause notice was issued about 3-1/2 years after the seizure. In view of this, under the provisions of Section 110(2), the respondents are bound to return the goods to the petitioners from whose possession the same were seized.</font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">See our columns Tomorrow for the judgements</font></strong></font></p> <p align="justify"><font color="#FF6600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Tomorrow with more <strong>DDT</strong> </font></p> <p align="justify"><font color="#FF6600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have a nice day. </font></p> <p align="justify"><font color="#FF6600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Mail your comments to</font> <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><a href="mailto:vijaywrite@taxindiaonline.com">vijaywrite@taxindiaonline.com</a></font></p> </body> </html>