TIOL-DDT 2165 · 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 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 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=17063"><img src="http://www.taxindiaonline.com/RC2/image/stories/limca_book2013.jpg" alt="DDT in Limca Book of Records" width="175" height="120" hspace="5" border="0" align="right"></a></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font><font color="#663399" size="3">TIOL-DDT 2165</font><br>
07.08.2013 <br>
Wednesday</strong></font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Purchase order - whether can be considered as a contract - CBEC clarifies </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>BOARD</strong> informs that it has received references seeking clarification as to whether or not a <strong>purchase order </strong>can be considered as a contract in terms of provisions contained in the Project Import Regulations, 1986. It is also reported that in this regard varying practices are being followed in different Customs Houses. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Board has examined the matter and informs - </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">+ Regulation 5 of Project Import Regulations, 1986 mandates that amongst other requirements, every importer claiming assessment of the goods under the heading No. 98.01 shall apply to the proper officer at the port where the goods are to be imported or where the duty is to be paid, for registration of the contract or contracts, as the case may be. Such application shall be accompanied by the original “deed of contract” together with a true copy thereof. In regard to the scope of the terms “deed of contract” it is seen that as per Section 10 of the Indian Contract Act, 1872 a valid contract is one that contains the following ingredients:- </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i) it is entered into by free consent of parties competent to contract;</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii) there should be lawful consideration; </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii) there should be a lawful object; and </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iv) it is not expressly declared to be void (i.e. void under the statute). </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">+ It is evident that a purchase order that contains all the essential ingredients of a valid contract must be treated as one under the Indian Contract Act, 1872. The implication is that such a purchase order can be accepted as a “deed of contract” for the purpose of Regulation 5 of Project Import Regulations, 1986. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=25&filename=notification/custom/2013/cuscir13_031.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Circular No. 31/2013-Cus dated, August, 6, 2013</font></strong></a></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Branded plastic bottles and packing material manufactured by SSI units get Section 11C benefit</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> issue has an elongated history which you can read in <a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=12030"><strong>The little branded bottle - A small story, well almost!</strong> </a>which we carried more than two years ago. The author (who is now in our Edit Team) concluded with these words, "As for the past, it is for the Board to issue another Section 11C notification this Budget and do <font color="#FF6633"><em><strong>deserved</strong></em></font> justice to the "<font color="#FF6633"><strong><em>little branded bottle"</em></strong></font>. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And now the Government has come out with the Section 11C Notification. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As of now, the bar of brand name of another person in the SSI Notification No. <strong><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=29&filename=notification/excise/2003/etariff03_008.htm" target="_blank">8/2003-CE</a></strong> dated 1.3.2003, will not apply to packing material meant for use as packing material by or on behalf of the person whose brand name they bear. But this is an evolved statute and the Government had been adding various items to the list through the years. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Now the following items will be eligible for the SSI exemption even when carrying the brand name of another person:- </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr>
<td width="36" valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S.No </font></strong></p></td>
<td width="478" valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description </font></strong></p></td>
<td width="120" valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Period </font></strong></p></td>
</tr>
<tr>
<td valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(1) </font></strong></p></td>
<td valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(2) </font></strong></p></td>
<td valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(3) </font></strong></p></td>
</tr>
<tr>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Plastic containers and plastic bottles meant for use as packing material by the person whose brand name such goods bear. </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">16th June 2003 to 26th February 2010. </font></p></td>
</tr>
<tr>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">All packing material (other than printed cartons of paper or paper board, metal containers, high density polyethylene woven sacks, adhesive tapes, stickers, pilfer proof caps, crown corks, metal labels, plastic bags, printed laminated rolls and those covered by S.No . 1 above) meant for use as packing material by or on behalf of the person whose brand name they bear. </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">16th June 2003 to 28th April 2010. </font></p></td>
</tr>
</table>
<p><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Related Stories: </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">• <strong><a href="http://www.taxindiaonline.com/RC2/NewsDesc.php?MpoQSrPnM=Nzc5OQ==" target="_blank">DDT 941- 01.09.2008</a> </strong>- SSI exemption to branded packaging goods, diaries etc </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">• <strong><a href="http://www.taxindiaonline.com/RC2/NewsDesc.php?MpoQSrPnM=NzkxOA==" target="_blank">DDT 959- 25.09.2008</a> </strong>- SSI Exemption - Brand Name - SC Judgement and Board Instructions</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">• <strong><a href="http://www.taxindiaonline.com/RC2/NewsDesc.php?MpoQSrPnM=ODQzMQ==" target="_blank">DDT 1029-12.01.2009</a></strong> - Branded labels - SSI exemption - Metal Labels Vs Paper Labels.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">• <strong><a href="http://www.taxindiaonline.com/RC2/NewsDesc.php?MpoQSrPnM=ODYxOA==" target="_blank">DDT 1054-17.02.2009</a></strong> - SSI Exemption - Branded Goods - Packing Material - Plastic Bags added</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">• <strong><a href="http://www.taxindiaonline.com/RC2/NewsDesc.php?MpoQSrPnM=MTA3OTM=" target="_blank">DDT 1350-03.05.2010</a></strong> - SSI Exemption extended to manufacturers of all branded packing materials </font></p>
</blockquote>
<p><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2013/exnt13_10.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 10/2013-CE(NT), dated August, 2, 2013 </font></strong></a></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">I-T - Procedure and criteria for selection of scrutiny cases under compulsory manual during financial-year 2013-2014 </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>CBDT</strong> instructs that the following categories of cases / returns shall be compulsorily scrutinized:- </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">a) Cases where value of international transaction as defined u/s 92B of IT Act exceeds Rs. 15 crores. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">b) Cases involving addition in an earlier assessment year on the issue of transfer pricing in excess of Rs. 10 Crores or more which is confirmed in appeal or is pending before an appellate authority. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">c) Cases involving addition in an earlier assessment year in excess of Rs. 10 lacs on a substantial and recurring question of law or fact which is confirmed in appeal or is pending before an appellate authority. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">d) all assessments pertaining to Survey under section 133A of the IT Act excluding the cases where there are no impounded books of accounts/documents and returned income excluding any disclosure made during the Survey is not less than returned income of preceding assessment year. However, where assessee retracts the disclosure made during the Survey will not be covered by this exclusion. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">e) Assessment in search and seizure cases to be made under sections 158B, 158BC, 158BD, 153A&153C read with 143(3) of the IT Act. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">f) All returns filed in response to notice u/s 147/148 of the IT Act. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">g) Cases claiming exemption of income u/s 11 or u/s 10(23C) which are hit by proviso(s) to Section 2(15) of IT Act. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">h) Entities which received Donations from countries abroad in excess of Rs. One crore during the Financial Year 2011-2012 (relevant for the A.Yr. 2012-2013) under the provisions of Foreign Contribution Regulation Act (FCRA). Such Information is maintained by Ministry of Home Affairs and is available on its Website (<strong><a href="http://mha.nic.in/fcra.htm" target="_blank">http://mha.nic.in/fcra.htm</a></strong>). Respective Cadre-Controlling chief Commissioners / Directors - General of Income-tax may identify the cases pertaining to their respective jurisdiction after downloading from the website and disseminate the information to various field offices. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">i) Cases in respect of which information is received from other Government Department(s) or other authorities pointing out tax-evasion. The Assessing Officer shall record reasons in such cases and take approval from jurisdictional CCIT/DGIT before selecting such case for scrutiny. </font></p>
</blockquote>
<p><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=67&filename=notification/cbdt/2013/instruct1310.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT Instruction No. 10/2013, Dated: August 5, 2013</font></strong></a></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">No Magic Wand To Make The Problems Disappear Instantaneously - RBI Governor Designate </font></strong></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 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="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=17063"><img src="http://www.taxindiaonline.com/RC2/image/stories/ddt_2165.jpg" alt="Dr. Raghuram Rajan" width="175" height="120" hspace="5" border="0" align="left"></a></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong><strong>Dr.</strong> Raghuram Rajan, Chief Economic Adviser, Ministry of Finance, has been appointed as the new Governor of Reserve Bank of India. He will take over next month on the present Governor Dr. D. Subba Rao demitting office. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Dr Rajan said that the Reserve Bank (RBI) is a great institution with a tradition of integrity, independence and professionalism and it is a great honour to be appointed as the Governor. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Dr Rajan said that we do not have a magic wand to make the problems disappear instantaneously, but he had absolutely no doubt that we will deal with them. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Dr. Rajan had a brilliant academic record - a graduate from IIT, Delhi followed by IIM, Ahmedabad and a Ph.D from MIT. At 50, he will be one of the youngest of RBI Governors after CD Deshmukh and Manmohan Singh. </font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tax Deductors Who Default In Depositing TDS by Due Date Shall be Liable for Prosecution: CBDT</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>CBDT</strong> in a Press Release cautions: </font></p>
<p align="justify"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">It has come to the notice of Income Tax Department that many times the tax deductors, after deducting TDS from specified payments, are deliberately not depositing the taxes so deducted in Government account and continue to deploy the funds so retained for business purposes or for personal use. Such retention of Government dues beyond the due date is an offence liable for prosecution under Section 276B of the Income Tax Act, 1961. The defaulter, if convicted, can be sentenced to Rigorous Imprisonment (RI) for a term which can extend upto seven years. </font></em></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Appellant discharging ST on Cargo Handling charges and in respect of Transportation charges they are paying ST as recipient of service - in such a situation, there is no cause for payment of ST on whole amount under one Taxable service of Cargo Handling </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> appellants are running a Container Freight Station (CFS) at <em>Navi Mumbai</em>. They are registered with the department for the taxable service of ‘Storage & Warehousing' and ‘Cargo Handling Services'. In relation to handling of containers, they are charging handling charges as also transportation charges from the customers and these are shown separately in the invoices. On the handling charges, they are discharging service tax under the category of ‘Cargo Handling Services' whereas on transportation charges, they have discharged Service Tax under GTA services. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The department was of the view that the entire transaction should be treated as one and on the whole amount received, the appellant should discharge Service Tax liability under Cargo Handling Services and accordingly, issued a Service Tax demand of Rs.57,52,077/- for the services rendered during 01.05.2005 to 30.07.2006. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The appellant said that these are two separate services and the appellant has discharged the Service Tax liability on them separately and, therefore, the impugned demand is not sustainable. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The C<em>CE, Raigad</em> did not find these pleas worthy enough so he confirmed the demand along with penalty and interest. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Before the CESTAT, the appellant made the following submissions - </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">+ there are two transactions involved; one is with respect to handling of containers undertaken by the appellant, on which Service Tax liability has been discharged under the category of ‘Cargo Handling Service' and the other relates to movement of the container from CFS to the Port and vice-versa for which they have engaged a transporter; that the said service of movement of container is covered under GTA services and as a recipient of the service, they have discharged Service Tax liability on the freight paid by them. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">+ Since the transactions involved are distinct and different and Service Tax liability has been discharged in accordance with law, the question of treating both transactions as one is not sustainable and accordingly the appeal be allowed. </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Bench observed - </font></p>
<blockquote>
<p align="justify"><em><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">"</font><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">6. The CBE & C vide Circular no. B-11/1/2002-TRU dated 1.8.2002, inter alia, clarified that in case where the Cargo Handling Service and transportation services are rendered, and if in the bills raised for the services rendered, transportation is shown separately (on actual basis, verifiable by documentary evidence), the tax would be leviable only on the Cargo Handling Charges. This clarification issued by the Board applies even to the facts of the present appeal. Since the appellant has discharged the Service Tax liability on both these services, the question of leviability of Service Tax on whole amount under one taxable service of Cargo Handling is not sustainable in law."</font></em></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The appeal was accordingly allowed. </font></p>
<p align="justify"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">See </font><font size="1" face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=ODkzODU=" target="_blank">2013-TIOL-1189-CESTAT-MUM</a></font></strong></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"> - Thursday'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">Central Excise</font></strong></p>
<p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Putting electrolytes and charging batteries of two-wheelers before delivery to customers does not amount to manufacture of TWO-WHEELERS - It cannot be said that process undertaken by dealers is conversion of incomplete or unfinished article i.e two wheelers into complete or finished two wheelers - Appeals allowed: CESTAT </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> appellants are receiving duty paid two-wheelers in complete and finished condition from the date manufacturers. The manufacturer of two wheelers paid the duty on complete two wheelers. We find that the Revenue is not disputing the fact that even the two-wheelers cleared by manufacturer contained battery and also that the appellants are only putting electrolyte. The electrolyte is nothing but a liquid which contains ions and can be decomposed by electrolysis. After putting the electrolyte appellants are charging the batteries before delivery to the customer. It cannot be said that this process undertaken by the appellant is conversion incomplete or unfinished article i.eTwo wheelers into complete or finished two wheelers. </font></p>
<p align="justify"><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 any expenses incurred towards performance of duty as Development Officer for generating business on behalf of employer is permissible deduction - NO: SC </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> issues before the Bench are - Whether incentive bonus received from employer prior to 01.04.1989 is a taxable receipt and whether any expenses incurred towards performance of duty as Development Officer for generating business on behalf of the employer is a permissible deduction. And the verdict goes against the assessee. </font></p>
<p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Service Tax </font></strong></p>
<p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Clearing and Forwarding Agent service - Cold storage charges are includable in taxable value - Appeal allowed on limitation - CESTAT </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>ON</strong> examination of records of the assessee for the period 2001-02 to 2004-05 it was pointed out that assessee received an amount of Rs.1,46,05,000/- from M/s Hindustan Lever Ltd. (HLL) for carrying out services of cold storage/clearing and forwarding operations of frozen products. According to department, the said service is chargeable to service tax and the demand was confirmed. On appeal, the Commissioner (Appeals) upheld the demand, but reduced penalties. Now, both the assessee and the revenue are in appeal before the CESTAT. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The assessee contended that the charges towards cold storage are in nature of rental for providing cold storage facility and incidental storage should not be confused with independent facility of providing cold storage. </font></p>
<p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">See our Columns Thursday for the judgements </font></strong></p>
<p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Thursday with more <strong>DDT</strong></font></p>
<p align="justify"><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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