TIOL-DDT 219 · the untouched capture
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<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"><b><font color="#663399" size="3">TIOL-DDT 219</font><br> 10 10 2005<br> Monday</b></font></p> <p align="center"><font color="#006633" size="2" face="Verdana, Arial, Helvetica, sans-serif"> <b>CBEC wants to tax maintenance or repair or servicing of computer software- draft circular made real</b></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> DDT had pointed out in <b>TIOL-DDT 207</b> dated 22 09 2005, that Board proposed to issue a circular clarifying that maintenance or repair or servicing of all computer software is taxable under section 65. Now the circular is finally issued. DDT had suggested that in order to avoid silly litigation, the Board should clarify that this circular has only prospective effect. Otherwise overactive officers are sure to shoot off Show Cause Notices. But Board has not given any such clarification. Let us hope the department will not initiate action, especially for the last five years alleging suppression that the assessees had suppressed the fact that Board is going to issue the clarification!.<br> <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=41&filename=notification/servicetax/2005/sercir81.htm"><strong><br> Circular No. 81/2/2005-Service Tax dated 7 th October 2005</strong></a></font></p> <p align="center"><font color="#006633" size="2" face="Verdana, Arial, Helvetica, sans-serif"> <b>Classifications of Export and Import Items (2004-09)-clarifications issued</b></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> DGFT has issued clarifications on the classification of certain items under the ITC(HS) Classifications of Export and Import Items. Reconditioned computer monitor is classified under 847160. Further clarifications were issued as,<br> <br> • BIS standard for packaged natural mineral water was made mandatory under the PFA Act. As such if the imported consignment of packaged natural mineral water confirms to (IS:13428:1998) the quality standards are met.<br> <br> • Under Hazardous Wastes (Management and Handling) Rules 2003, the import of solid plastic wastes, provided they are not mixed with other hazardous wastes, are permitted into the country with DGFT licences, only for reprocessing or reuse.<br> <br> • Import of Nature Valley Granola Bars may be permitted subject to the submission of allergens and toxicity test clearance certificates by the importer from an accredited laboratory in India.<br> <br> • Only those valve meant for indigenous use shall be of a make and design approved under Gas Cylinders Rules, 2004. In the case of import of valves meant for re-export along with cylinders, the same need not be of a make and type approved under Gas Cylinders Rules, 2004. The rules also do not stipulate the requirement of obtaining a licence or permission while importing valves as in the case of cylinders. <br> <br> • The affixing of MRP stickers on all such products imported into India before clearance of goods from Customs warehouse is mandatory provision of standards of Weights & Measures (Packaged Commodities) Rules, 1977 and is still in force as per condition no. 5 to Chapter 1A of ITC(HS) Classification of Export and Import Items, 2004-09.<br> <br> • Private Bonded Warehouses cannot supply under custom notification no. 84/97 dated 11.11.97. Only companies entitled under the ITC(HS) can import and supply under the above mentioned notification.<br> <br> • As per Customs Circular No. 94/2002 dated 23.12.2002 import of pets (dog and cat only) up to two numbers per passenger have been allowed without import licence at one time subject to the production of the required health certificate from the country of origin and examination of the said pets by the concerned Quarantine Officer. However, if it is not covered under the circular, it will be subject to import licence.<br> <br> <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=46&filename=notification/dgft/2005/dgft05cir029.htm"><strong>DGFT CIRCULAR NO. 29(RE-2005)/2004-09, Dated: October 6, 2005</strong></a></font></p> <p align="center"><font color="#006633" size="2" face="Verdana, Arial, Helvetica, sans-serif"> <b>Drawback rate for Furnace oil fixed at Rs 1300/-</b></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The DGFT has fixed the Rate of Duty Drawback of Rs. 1300/- per M.T. for Furnace Oil and of Rs. 1025/- per M.T. for HSD, applicable to various export promotion schemes.<br> <br> <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=45&filename=notification/dgft/2005/dgft05not028.htm"><strong>NOTIFICATION NO. 28</strong></a> and <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=45&filename=notification/dgft/2005/dgft05not029.htm"><strong>29 (RE 05) /2004-09, Dated: October 6, 2005</strong></a></font></p> <p align="center"><font color="#006633" size="2" face="Verdana, Arial, Helvetica, sans-serif"> <b>Export of Shavings of Shed Antlers - time extended</b></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> As per Notification No. 28/ dated 7th March 2005, the time limit for export of Shavings of Shed Antlers of Chital and Sambhar and Manufactured Articles of Shavings of Shed Antlers of Chital and Sambhar was extended up to 6th September 2005. Now this is extended up to 30th November 2005. Similar amendment is made to PN No. 58/ dated 7th March 2005<br> <br> <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=45&filename=notification/dgft/2005/dgft05not030.htm"><strong>NOTIFICATION NO. 30 (RE-2005)/2004-2009, Dated: October 6, 2005</strong></a> and <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=47&filename=notification/dgft/2005/dgft05pn058.htm"><strong>PUBLIC NOTICE NO. 58 (RE-2005)/2004-2009, Dated: October 6, 2005</strong></a></font></p> <p align="center"><font color="#006633" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Certain ports treated as single ports</b></font></p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> The DGFT has amended the Handbook of Procedures (Vol. I) to stipulate that certain ports would be treated as a single port for the purposes of imports and exports as <br> <br> i. Mumbai seaport, Nhava Sheva & Mumbai Airport<br> <br> ii. Delhi airport and ICDs in Delhi<br> <br> iii. Kolkata seaport, Kolkata airport<br> <br> iv. Chennai airport and Chennai seaport<br> <br> v. Bangalore airport and Bangalore ICD<br> <br> vi. Hyderabad Airport and Hyderabad ICD<br> <br> Further amendment has been made to stipulate that In case of EDI shipping bills before 01.10.2005 and non-EDI shipping bills, the licensing authority shall ensure that while issuing the DEPB, the Shipping Bill no(s) and date(s), FOB value in Indian rupees as per Shipping Bill(s) and description of export product are endorsed on the DEPB.<br> <br> <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=47&filename=notification/dgft/2005/dgft05pn057.htm"><strong>PUBLIC NOTICE NO. 57 (RE-2005) /2004-2009, Dated: October 6, 2005</strong></a><br> <br> <img src="http://www.taxindiaonline.com/RC2/image/stories/4_DDT_219.jpg" alt="Happy Dusshera!" width="256" height="192" border="0" align="left"> <br> <br> <br> </font></p> <p align="justify"> </p> <p align="justify"> </p> <p align="justify"> </p> <p align="justify"> </p> <p align="justify"> </p> <p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><font color="#FF6666"><b>Till next time with more DDT<br> <br> Mail your comments to </b></font><a href="vijaywrite@taxindiaonline.com">vijaywrite@taxindiaonline.com </a></font></p> </body> </html>