TIOL-DDT 1962 · the untouched capture
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=14276"><img src="http://www.taxindiaonline.com/RC2/image/ddt/ddt_1794.jpg" alt="DDT in Limca Book of Records" width="175" height="120" hspace="5" border="0" align="right"></a></font></strong></font><font color="#663399" size="3">TIOL-DDT 1962</font><br>
15.10.2012<br>
Monday</strong></font></p>
<p align="center"><font color="#006600"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC plans for Promotion of more than 100 Additional Commissioners as Commissioners on ad-hoc basis - List includes five retired officers</font></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>CBEC</strong> plans to promote about a hundred Additional Commissioners as Commissioners. The 1992 IRS batch would be covered. The list of proposed officers, who are likely to be elevated as Commissioners, includes the names of at least five officers who have already retired! </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">For the first time in many years, some promotee IRS officers are likely to become Commissioners. </font></p>
<p><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=70&filename=pitara/sernews/order/promotion_grade_commissioner_cx.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC F. No. A-28011/51/2012-SO(PER-EC); Dated: October 10, 2012 </font></strong></a></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Educational DVDs Exempted from Excise Duty </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>AS</strong> per Sl. No. 265 of the Table to Notification No. 12/2012-CE, dated 17.03.2012, CD-ROMs containing books of an educational nature, journal, periodicals (magazines) or news paper attract Nil rate of Excise Duty. Now, along with CD-ROMs, DVD-ROMs are added to the exemption list. </font></p>
<p><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2012/etariff12_37.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 37/2012 -CE, Dated: October 11, 2012 </font></strong></a></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Give Priority for Disposal of Matters Relating Personal Liberty of Citizens - Supreme Court tells High Court</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>IN</strong> a COFEPOSA case, a detention order was issued on 03.05.2005. The detenu filed a writ in the Bombay High Court 02.06.2005. After hearing the parties, the High Court reserved its orders on 24.10.2005; the High Court pronounced its orders only on 16.03.2006, i.e., nearly after a period of 5 months. The detenu could not know the fate of his petition for a period of 5 months when the detention period was for one year. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Supreme Court reminded all High Courts that in a matter of this nature affecting the personal liberty of a citizen, it is the duty of the Courts to take all endeavours and efforts for an early decision.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Supreme Court observed, "In the case on hand, we feel that keeping the writ petition pending after hearing the parties and compelling the detenu to wait for 5 months to know the result of his petition, cannot be accepted. We request all the High Courts to give priority for the disposal of the matters relating to personal liberty of a citizen, particularly, when the detention period is for one year or less than a year and, more so, after hearing the parties, the decision must be known to the affected party without unreasonable delay."</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This judgement was delivered on Friday. We bring it to you today. Please see <strong><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=16092" target="_blank">Breaking News</a></strong>. </font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Customs - Strange Seizures </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>A</strong> dozen tiger penises, a monkey's head, suitcases full of live parrots, an entire bees nest - these are some of the strange things seized by the Customs in New Zealand over the last year. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">There was a woman who walked in with live lizards in her handbag. There was a man who walked in with 43 parrot eggs and a hatchling. There was a man who swallowed 172 packages (1.2 kgs) of methamphetamine. And there was this man in a wheelchair who had a dance mat in his luggage! </font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC Member Sandhya Baliga Inaugurates ‘National Litigation Policy' Seminar at Vizag</font></strong></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><img src="http://www.taxindiaonline.com/RC2/image/stories/Seminar_Vizag.jpg" alt="Seminar at Vizag" width="400" height="266" hspace="5" border="0" align="center"></font></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Vizag Customs and Central Excise Zone organised a seminar on "National Litigation Policy and its implementation in CBEC" at Custom House, Visakhapatnam last weekend. CBEC Member (L&J) Sandhya Baliga inaugurated the Seminar. She also launched a website of the Vizag-I Central Excise Commissionerate - <a href="http://www.cenexgstvizag1.gov.in/"><strong>http://www.cenexgstvizag1.gov.in/</strong> </a></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Picture shows Commissioner Ponnuswamy and Chief Commissioner PK Jain with the CBEC Member. </font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Customs Warehouse Used for Removing MRP Labels </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>IN </strong>Nepal recently, it was reported that the warehouse of Birgunj Customs Office was found being used to remove the Maximum Retail Price (MRP) label and producing counterfeit invoices. The involvement of the Customs officers, in this fraud that took place inside a Customs warehouse, is yet to be proved. </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><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"> - Tuesday's cases</font></strong></font></strong></font></p>
<p><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><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">Service
Tax</font></strong></p>
<p><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>ST
- Appellant undertaking the activity of harvesting Sugarcane and transporting
the same to sugar factory – commission received is exempted in terms
of notfn. 13/2003-ST as amended since this service is in relation to agricultural
produce – Pre-deposit waived and Stay granted: CESTAT </strong></font></p>
<p align="justify"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">THE</font></strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> CCE & C,
Aurangabad decided to start the New Year 2012 by adjudicating a “sweet” Service
Tax case and he did it in style – by confirming it !</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Against
this sour order-in-original confirming a Service tax liability of Rs.1.43
crores, the applicant is before the CESTAT with a Stay application. </font></p>
<p><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Income Tax </font></strong></p>
<p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Whether Duty Drawback can be said to be refund of taxes paid, and is thus eligible for deduction u/s 80IB - YES: ITAT</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> issues before the Bench are - Whether interest income cannot be said to be an income derived from an industrial undertaking and, therefore, Section 80-IB deduction is not allowable in respect of interest income; Whether Duty Drawback is refund of taxes paid and is thus eligible for deduction u/s 80IB and Whether sales commission paid by the assessee on its total sales is allowable u/s 37 of the Act. And the verdict partly goes in favour of the assessee. </font></p>
<p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Central Excise </font></strong></p>
<p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No.32/99-CE is meant for encouraging industrial growth as well as expansion of existing industrial units in north-eastern sector hence deserves to be interpreted liberally so as to give effect to its objective and purpose -: CESTAT </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>APPELLANT </strong>purchasing caps from outside and after fitting the caps on the Lamitubes in an integrated manufacturing process cleared such tubes on payment of duty - Revenue seeking denial of refund on the ground that caps are not integral part of tubes, that there is no manufacturing involved and value should not have been included for payment of duty is illogical.</font></p>
<p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">See our columns Tomorrow for the judgements </font></strong></p>
<p><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Tomorrow with more<strong> DDT</strong></font></p>
<p><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have a Nice Day. </font></p>
<p><font color="#FF6666" 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"><strong>vijaywrite@taxindiaonline.com </strong></a></font></p>
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