TIOL-DDT 2305 · 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 size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><font color="#006600"><strong><strong><strong><strong><strong><strong><strong><strong><strong><img width="115" height="125" border="0" align="right" src="image/ddt/10yearsDDT.jpg" alt="" /></strong></strong></strong></strong></strong></strong></strong></strong></strong></font></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><strong><font color="#006600"><strong><strong><strong><strong><strong><strong><strong><strong><strong><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=17063"><img width="175" hspace="5" height="120" border="0" align="right" src="http://www.taxindiaonline.com/RC2/image/stories/limca_book2013.jpg" alt="DDT in Limca Book of Records" /></a></strong></strong></strong></strong></strong></strong></strong></strong></strong></font></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></strong></font><font color="#663399" size="3">TIOL-DDT 2305 </font><br>
03.03.2014<br>
Monday </strong></font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">IRS Officer's Contempt Petition against Revenue Secretary </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Supreme Court on Friday decided a Contempt Petition filed by an IRS (Income Tax) officer against the Revenue Secretary, complaining that the respondents have wilfully disobeyed the order of the Court dated 22nd November, 2013 and, therefore, prayed that the respondents be punished for contempt and also direct the respondents to implement the judgment of the Court. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The IRS Officer was kept under suspension on certain allegations of misconduct on 28.12.1999. On the basis of the said allegations, criminal cases are also pending against the applicant. In view of the pendency of the criminal proceedings, the applicant's suspension continued for a long period. Eventually, the applicant challenged two orders dated 12.1.2012 and 3.2.2012 by which his suspension was continued in O.A. No. 495 of 2012 on the file of the Central Administrative Tribunal, Principal Bench, New Delhi. By its order dated 1.6.2012, the Tribunal allowed the above mentioned O.A. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Aggrieved by the said order, the respondent preferred the writ petition before the Delhi High Court which was dismissed in <em>limine</em> by a judgment dated 17.9.2012. Not satisfied with the said judgment, the respondents approached the Supreme Court which by its judgment dated 22.11.2013 dismissed the said appeal. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The grievance of the petitioner in the contempt petition is that though he succeeded in O.A. No. 495 of 2012 which order was confirmed both by the High Court as well as by the Supreme Court, the respondents have not given him "legally admissible consequential benefits" as directed in the Order of the Administrative Tribunal.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">According to the petitioner, the "legally admissible consequential benefits" are two - </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(1) in view of the fact that the Tribunal quashed the orders of extension of the suspension of the petitioner dated 12.1.2012 and 3.2.2012, the petitioner is entitled for the salary and other allowances applicable to his office with effect from 12.1.2012; </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(2) the petitioner is entitled to be considered for promotion to the next higher post in view of the fact that during the long pendency of his suspension, many officers junior to him in service had been promoted. </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Government informed the Court that pursuant to the directions of the Tribunal as confirmed up to this court, the petitioner was reinstated into service. He was relieved from his original posting at Delhi and was given a posting to West Bengal CCA by an Order dated 10th January, 2014. Consequent upon which, the petitioner was relieved from his earlier posting. The order relieving him had been duly served on him on 16th January, 2014. Petitioner did not choose to report at the newly posted station instead chose to challenge the posting order in a fresh O.A. No. 178 of 2014 before the Central Administrative Tribunal, Delhi and obtained ex-parte orders of status quo on the misrepresentation that he had still not been relieved from Delhi CCA. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Supreme Court held that he is entitled to salary and other allowances with effect from 12.1.2012 to 10.1.2014. Regarding the question of promotion, the Supreme Court held that the question cannot be properly the subject matter of the contempt petition. If the petitioner has any grievance, he is entitled to approach the appropriate forum seeking such relief as he is entitled in law. </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The relief that the IRS officer got from the Supreme Court is salary for two years. </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">We bring you this order today. <strong>Please see</strong> <strong><a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=OTIzOTA=" target="_blank"><font size="1">2014-TIOL-20-SC-Contempt</font></a></strong></font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Central Excise Valuation -Sales Tax Incentive - Tax Collected from buyer, not deposited with Government - Whether forms part of value </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THERE</strong> is an incentive scheme under Sales Tax by which the assessee is allowed to collect the full rate of Sales Tax from the buyers, but has to deposit only 25 percent with the Government. The balance 75% is incentive for the manufacturers. Now, the question is whether this part of sales tax retained as incentive by the manufacturers is includible in the assessable value for the purpose of payment of Central Excise Duty. The Tribunal benches were almost unanimous in holding that it is not includible, but the Government was not convinced and they took all these cases to the Supreme Court. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Supreme Court in a landmark decision delivered on Friday held that the incentive is NOT includible in the assessable value prior to 1.7.2000, but formed part of the “transaction value” after 1.7.2000. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In the pre-2000 valuation Rules, value, did not include the amount of the duty of excise, sales tax and other taxes,<em> if any, <strong>payable</strong> on such goods and </em>…</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">But the 2000 Rules stipulated that "transaction value" means the price actually paid or payable for the goods, …………; but does not include the amount of duty of excise, <strong>sales tax</strong> and other taxes, if any, <strong>actually paid or actually payable</strong> on such goods. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Supreme Court observed that the clear legislative intent is on "actually paid". The Court further held, "unless the sales tax is actually paid to the Sales Tax Department of the State Government, no benefit towards excise duty can be given under the concept of "transaction value". </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#FF0000">An Impossible Mathematics</font></strong>: This is not the end of the story - calculation of excise duty and sales tax is going to be impossible. Sales tax is calculated on the value plus excise duty. Now you add up sales tax to the value, excise duty goes up and when excise duty goes up, Sales Tax goes up, part of which should again be added to value; then value goes up excise duty goes up and sales tax goes up - and so they go perennially. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">A Consultant commented: Department takes settled cases to Supreme Court only with a hope to disturb the settled law..</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span">and they are successful!</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">We bring you this important judgement today. Please see<strong> <a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=OTIzODk=" target="_blank">Breaking News</a>.</strong></font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Imported CENVAT Credit - Board's U-Turn</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE Year End Notifications:</strong> By Notification Nos 17 and 18 CE NT of 2013, dated 31.12.2013, the Government:-</font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. Made Registration mandatory for importers issuing invoices on which CENVAT Credit can be taken. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. Made an importer issuing cenvattable invoice a “First Stage Dealer”, and </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. Made certain consequential amendments.</font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">These changes were to be effective with effect from 01.03.2014 and by the time this crucial date of 1st march 2014 arrived, Board got jittery and suddenly by Notification Nos. 06 and 07/2014 - CE NT dated 26.02.2014, the Government rescinded the Notification Nos 17 and 18 CE NT of 2013, dated 31.12.2013 - even before they took effect. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">So, the position is - nothing has changed. Not really, read on …. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2014/exnt14_06.htm" target="_blank"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Notification No. 06/2014 - Central Excise (N.T.), Dated: February 26 2014 </strong></font></a></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2014/exnt14_07.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 07/2014 - Central Excise (N.T.), Dated: February 26 2014 </font></strong></a></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Imported CENVAT Credit - New provisions </font></strong></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THINGS</strong> have indeed changed! </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">After pressing the UNDO button on the above two notifications, Government has come up with new notifications effective from 1.4.2014: </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#993333">Registration mandatory for importers issuing invoices on which CENVAT Credit can be taken</font></strong>. Rule 9 of the Central Excise Rules 2002 is amended to make it mandatory for <em>an importer who issues an invoice on which CENVAT Credit can be taken</em>, to get registered. This was proposed in the earlier notification also. It is brought back. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2014/exnt14_08.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 08/2014 - Central Excise (N.T.), Dated: February 28 2014 </font></strong></a></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#993333">Registered Importer - CENVAT Credit Rules Amended</font>:</strong> Registered importer is required to file a quarterly return in the Form prescribed. And this return is to be submitted electronically. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2014/exnt14_09.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 09/2014 - Central Excise (N.T.), Dated: February 28 2014 </font></strong></a></p>
<p align="justify"><strong><font color="#993333" size="2" face="Verdana, Arial, Helvetica, sans-serif">Registration mandatory for importers - Changes in Central Excise Registration Application Form</font></strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">:<em> Importer</em> is now included in the Registration Application Form</font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2014/exnt14_10.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 10/2014 - Central Excise (N.T.), Dated: February 28 2014 </font></strong></a></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#993333">New Quarterly Return prescribed:</font></strong> CBEC has prescribed a new Quarterly Return Form for first stage/ second stage dealer or the registered importer. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2014/exnt14_11.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 11/2014 - Central Excise (N.T.), Dated: February 28 2014 </font></strong></a></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Now, the importer is on par with the manufacturer and he has to get registered (and file a return) if he wants to issue invoices. The importer is not a first stage dealer; in fact he can sell the goods to a first stage dealer. </font></p>
<p align="justify"><strong><font color="#993333" size="2" face="Verdana, Arial, Helvetica, sans-serif">Should Depot be registered</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"></font></strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">? A cenvattable invoice can be issued from the depot of a manufacturer or importer. Now is the depot of the importer or manufacturer required to get registered? </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And should the Board create so much confusion for a simple thing like asking an importer to get registered? </font></p>
<p align="center"><strong><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff Value of Gold, Silver and other items increased </font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Government has increased the Tariff value of Gold from 421 USD to 433 USD per 10gms and that of Silver from 663 to 699 USD per kilogram with effect from 28.02.2014. Tariff values of other items are also hiked. Tariff value of Areca Nuts and Poppy Seeds remain same. </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Tariff values as on <strong>14.02.2014</strong> and with effect from <strong>28.02.2014</strong> are as under: </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr>
<td colspan="8" valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span">Table 1 </font></strong></p></td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></strong></p></td>
<td colspan="2" valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></p></td>
<td valign="top" bgcolor="#EFFAF0"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods</font></strong></p></td>
<td colspan="3" valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tonne) <br>
from 14.02.2014 </font></strong></p></td>
<td valign="top"><p align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tonne) <br>
from 28.02.2014 </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 colspan="2" 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>
<td colspan="3" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(5) </font></p></td>
<td valign="top"><p align="center"><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(5) </font></strong></font></p></td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palm Oil </font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">866 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">914 </font></strong></font></p></td>
</tr>
<tr>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 10 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBD Palm Oil </font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">897 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">957 </font></strong></font></p></td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others - Palm Oil </font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">882 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">936 </font></strong></font></p></td>
</tr>
<tr>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palmolein </font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">895 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">964 </font></strong></font></p></td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 20 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBDPalmolein</font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">898 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">967 </font></strong></font></p></td>
</tr>
<tr>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others -Palmolein </font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">897 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">966 </font></strong></font></p></td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1507 10 00 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Soyabean Oil </font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">916 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">972 </font></strong></font></p></td>
</tr>
<tr>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7404 00 22 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Brass Scrap (all grades) </font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3913 </font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3924 </font></strong></font></p></td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9 </font></p></td>
<td colspan="2" valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1207 91 00 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Poppy seeds</font></p></td>
<td colspan="3" valign="top"><p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3195</font></strong></p></td>
<td valign="top"><p><font color="#FF0000"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3195 (No Change) </font></strong></font></p></td>
</tr>
<tr>
<td colspan="8" valign="top"><div align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span"><strong>Table 2</strong></font></div></td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></strong></td>
<td colspan="2" valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></td>
<td valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods </font></strong></td>
<td colspan="3" valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD <br>
from 14.02.2014 </font></strong></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD
from 28.02.2014 </font></strong></td>
</tr>
<tr>
<td valign="top"> </td>
<td colspan="2" valign="top"> </td>
<td valign="top"> </td>
<td colspan="3" valign="top"> </td>
<td valign="top"> </td>
</tr>
<tr bgcolor="#EFFAF0">
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td colspan="2" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">71 or 98 </font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Gold, in any form in respect of which the benefit of entries at serial number 321 and 323 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed </font></td>
<td colspan="3" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">421 per 10 grams </font></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">433 per 10 grams </font></strong></td>
</tr>
<tr>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2</font></td>
<td colspan="2" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">71 or 98 </font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Silver, in any form in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed </font></td>
<td colspan="3" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">663 per kilogram </font></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">699 per kilogram </font></strong></td>
</tr>
<tr bgcolor="#EFFAF0">
<td colspan="8" valign="top"><div align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span"><strong>Table 3 </strong></font></div></td>
</tr>
<tr>
<td valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No.</font></strong></td>
<td colspan="2" valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></td>
<td valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods</font></strong></td>
<td colspan="3" valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tons) <br>
from 14.02.2014 </font></strong></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tons) <br>
from 28.02.2014 </font></strong></td>
</tr>
<tr bgcolor="#EAEAEA">
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1</font></td>
<td colspan="2" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">080280 </font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Areca nuts</font></td>
<td colspan="3" valign="top"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">1872 </font></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">1872 (No Change) </font></strong></td>
</tr>
</table>
<p><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=24&filename=notification/custom/2014/cnt14_014.htm" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 14/2014-Cus (NT), Dated: February 28, 2014</font></strong></a></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">Central Excise</font></strong></p>
<p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">Valuation - s. 4A of CEA, 1944 - Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules, 2008 is curative provision to deal with situation where RSP is not declared or tampered with - they are entirely procedural in nature and, therefore, retrospective in nature and can be applied to all proceedings which are pending or which arise after rule has been introduced - CESTAT by Majority</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>ONCE</strong> the goods are specified under Section 4A(1) and there is a statutory requirement to declare RSP on the retail sale packages of the goods, the question of application of Section 4 would not arise at all. If that be so, it cannot be contended that the valuation of the goods have to be done under Section 4 of the Act and not under Section 4A. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">If one carefully goes through the provisions of Section 4A and the Rules 2008 cited above, it can be seen that there is no determination of RSP envisaged in the legal provisions. The declaration of RSP is mandated by the provisions of the Packaged Commodity Rules and the Standards of Weights and Measures Act. </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 deposits in PPF Account are immune from attachment for recovery of tax dues - YES: HC</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> assessee is assessed as an individual. The Assessee had opened a PPF account under the Public Provident Fund Scheme, 1968. From time to time, the Assessee went on depositing various amounts in the said account. The Tax Recovery Officer, issued a notice u/s 226(3) to the Branch Manager of SBI stating that a sum of Rs. 25,16,790/- was due from the Assessee to the I.T department. His PPF account was therefore attached u/s 226 (3) and the amount lying in the said account may be remitted to the Tax Recovery Officer. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The issues before the Bench are - Whether deposits in PPF Account are immune from attachment for recovery of tax dues and Whether Rule 10 of Schedule II of the I-T Act exempts all such properties from attachment or sale. And the verdict goes in favour of the assessee. </font></p>
<p align="justify"><strong><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Customs </font></strong></p>
<p align="justify"><strong><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif">CHA prohibited to function as Customs broker - provisions of CBLR, 2013 cannot be interpreted in such way so as to override the provisions of s. 146(2) of the Customs Act - appeal dismissed as not maintainable: CESTAT</font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>VIDE</strong> orders passed by the Commissioner of Customs (General), Mumbai in the months of August &November, 2013, the appellant has been <em><strong>prohibited </strong></em>to function as a Customs Broker within his jurisdiction, as per the provisions of Regulation 23 of CBLR, 2013 pending inquiry proceedings under Regulation 20. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Clause (f) of sub-section (2) deals with the appeals. The said section specifically says that appeal against an order of suspension or revocation of a licence is only admissible if the Regulations so provide. Thus, there is no specific provision provided for in the Regulations to hear an appeal against an order of prohibition. Therefore, so long as the section 146(2) does not provide for appeal against an order of prohibition, it cannot be presumed that CBLR, 2013 provides for an appeal against the order of prohibition to be heard by this Tribunal. </font></p>
<p><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>
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