TIOL-DDT 2449 · the untouched capture
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<p align="justify"><font 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"><font color="#663399" size="3"><s><strong><font size="2"><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=20079"><img src="http://www.taxindiaonline.com/RC2/image/stories/limca_book2014_1.jpg" alt="DDT in Limca Book of Records - Third Time in a row" width="250" height="123" hspace="5" border="0" align="right"></a></font></strong></font></strong></font></strong></font></strong></font></strong></s></font></font></strong></font><font color="#663399" size="3">TIOL-DDT 2449</font><font color="#663399" size="3"></font><font size="2"> <br>
</font></strong><font size="2"><strong>01.10.2014 <br>
Wednesday </strong></font></font></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>CBEC Action Plan to evolve Non-adversarial indirect tax administration </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE </strong>CBEC has issued a letter to all CCs and DGs on its action plan to evolve Non-adversarial indirect tax administration. It says that one of the key objectives of the Department is to foster non-adversarial tax administration and initiatives have been taken to simplify procedures to reduce interface between the tax officials and the taxpayers. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The initiatives being undertaken to make the tax administration non-adversarial and taxpayer friendly are: </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i) <strong>Punctuality </strong>: Officers are advised to maintain the appointed time as indicated in the communications regarding personal hearing/trade meetings and any other interaction with the taxpayers. It may also be ensured that adequate gap in the timings between two meetings be maintained so that there is no undue delay in the subsequent meeting. </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Many officers derive pleasure in making people wait - even when their PAs tell them that somebody is waiting, they say, “let him wait”. The Board <strong> advises </strong> the officers to maintain the appointed time. Who will listen to Board's advice when serious instructions are flouted with impunity? You must teach them that the taxpayer is your boss not your servant. </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii) <strong>Prompt acknowledgement of all letters/complaints/references </strong>: It may be ensured that all references/communications received from the trade are acknowledged promptly. To this end, a centralised computerized system for receipt/dispatch of dak may be put in place so that status can also be monitored centrally. </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Does the Board do this? And in some offices, they simply refuse to take certain letters! </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii) <strong>Priority processing of representations/communications received from taxpayers </strong>: It is the mission of CBEC to administer indirect taxes collection by creating a climate for voluntary compliance and by providing suitable guidance to tax payers. To this end, it is imperative that all communications received from the trade seeking clarifications are attended to expeditiously. </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Who is competent to give guidance when the Board itself is the fundamental source for confusion? Some Commissioners are kind enough to give clarifications, but they are so carefully worded that there is no real clarification. One Commissioner extracted the Rule and told the assessee to follow that - as if the assessee had no access to the Rules! </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iv) Regular interaction with the trade-As per the Board's instructions, meetings of the Regional Advisory Committee/Public Grievance Committee/Permanent Trade Facilitation Committee/Open House etc., chaired by the Chief Commissioner/ Commissioner are to be held by the <strong>concerned </strong>Zones/Commissionerates on a regular basis. In this regard the Board desires that field officers persuade assessees to ensure participation at a higher level from Trade and Industry so that these meetings result in tangible outcomes. </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">If you remember once upon a time, these meetings were attended by the captains of business, but slowly they realised that it is a waste of time as nobody takes decisions and even the few decisions taken are against the assessees who highlight the problem. Even now some assessees attend these meetings only to be in the good books of the Chief Commissioner and Commissioners. </font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">It is also informed that the Board is in the process of </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(v) Simplifying the Registration process to obviate the need for physical visit of the taxpayers to the offices. </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Even now, there is no need for physical visit of the taxpayers to the offices - but in practice, the moment you apply for a registration, you are treated as a thief or a goose full of golden eggs in its belly. </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(vi) Facilitating online credit of refunds and rebates to the taxpayers. </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">ACES is said to be fully capable of accepting and processing online refund claims. Why is it not done? I know a couple of assessees who are running around Excise offices for their genuine refunds. How many appeals are pending in the Tribunal in cases of ridiculous rejection of refund claims? </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(vii) Easing of Compliance verification norms. </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">God knows what benefits the assessees will have to suffer. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board further informs that these initiatives are designed to bring about a more collaborative and solution-oriented indirect tax administration, in tandem with the international best practices. </font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">While the CBEC's lofty goals are praiseworthy, what really will happen in the field does not inspire confidence. Nobody cares for the CBEC instructions in the field - to be fair to them they have equal contempt for the Statutes and the Courts. CBEC instructions are consistently disobeyed and what the helpless CBEC does is to issue another instruction that this blatant disobedience will be viewed seriously and everybody knows that it is an empty threat. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Because of all the simplifications and trade friendly measures, the CESTAT is bulging with over a lakh of pending cases. The Board should teach the officers a little law; a little respect for the law; a little obedience to the higher authorities and a little understanding that they are paid out of the taxes and taxpayers are as important to the country as the taxmen. It should start during probation at NACEN. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=31&filename=notification/excise/2014/instruction14_004.htm" target="_blank"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>CBEC Instruction in F.No.296/165/2014-CX.9, Dated: September 30 2014 </strong></font></a></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Definitive Anti Dumping Duty on Phenol </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>GOVERNMENT </strong>has imposed definitive anti dumping duty on Phenol [Chapter 29] originating in, or exported from Chinese Taipei and the United States of America and imported into India with effect from 16th May 2014. No, this is not retrospective - the provisional anti dumping duty was imposed by Notification No.23/2014-Customs (ADD), dated 16th May 2014 and would have been in force till 15th November 2014, but this time the Board was not caught napping. They imposed the final anti dumping duty more than a month before the provisional imposition expired. DDT wholeheartedly congratulates the Board. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTcxODc=" target="_blank"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Notification No. 43/2014-Customs (ADD). , Dated: September 30, 2014 </strong></font></a></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>FTP - Application Form for Served From India Scheme (SFIS) for Net Foreign Exchange earning in the year 2013 -14 </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>DGFT</strong> has notified the Application Form ANF 3B1 for claiming benefit of Served From India Scheme (SFIS) for foreign exchange earning in the year 2013-14 </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=47&filename=notification/dgft/2013/dgft13pn071.htm" target="_blank"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>DGFT Public Notice No.71 (RE 2013)/2009-14 . , Dated: September 30, 2014 </strong></font></a></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong> </strong></font><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Board of Approval for SEZs Cancels Approvals </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Board of Approval for Special Economic Zones (SEZ) headed by the Commerce Secretary has cancelled the approval/notification/co-developer status to 9 SEZ developers. The Board noted that the progress made by these developers/co-developers is not satisfactory. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This is subject to the Development Commissioner furnishing a certificate in the prescribed format certifying that the developer has not availed any tax/duty benefits under SEZ Act/Rules or has refunded any such benefits availed by it and subject to the State Govt. furnishing its no objection certificate to the proposal. </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Sr. No. </strong></font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Name of the Developer/co-developer </strong></font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Sector </strong></font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Date of formal approval </strong></font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Zone </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Hindalco Industries Ltd. (Sambalpur, Odisha) </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Aluminium product </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">30.07.2007 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><img width="1" height="1" src="file:///C|/Documents and Settings/Aditya Jha/Application Data/Macromedia/Dreamweaver MX 2004/OfficeImageTemp/clip_image002_0002.gif"></font></p>
<p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">FSEZ </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Essar Jamnagar SEZ Ltd. (Jamnagar, Gujarat) </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Multi Product </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">21.08.2006 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KASEZ </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Asia Pacific Corporation Ltd.?(Village Bhimsar, Taluka Anjar, Dist. Kutch Gujarat) </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Polymer based </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">07.01.2008 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KASEZ </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Adani Townships & Real Estate Company Pvt. Ltd. (Village Dantali, SG Highway, Ahmedabad, Gujarat) </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">IT/ITES </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">12.06.2007 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><img width="1" height="1" src="file:///C|/Documents and Settings/Aditya Jha/Application Data/Macromedia/Dreamweaver MX 2004/OfficeImageTemp/clip_image002_0003.gif"></font></p>
<p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KASEZ </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Gaurinandan Property Holders Pvt. Ltd. (Village Badarabad Taluka Daskaroi, Dist. Ahmedabad, Gujarat) </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">IT/ITES </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">21.11.2008 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KASEZ </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Gujarat Industrial Development Corporation (Jhagadia Bharuch, Gujarat) </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Ceramic and Glass Industry </font></p>
</td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">21.08.2006 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KASEZ </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Integrated Warehousing Kandla Project Development Pvt. Ltd.- Co-developer in Kandla SEZ </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">FTWZ </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">15.02.2007 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KASEZ </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Chennai Business Park Pvt. Ltd. (Madhuranthagam Taluka, Kanchipuram District, Tamil Nadu) </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">IT/ITES </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">19.06.2007 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KASZ <img width="1" height="1" src="file:///C|/Documents and Settings/Aditya Jha/Application Data/Macromedia/Dreamweaver MX 2004/OfficeImageTemp/clip_image002_0004.gif"><img width="1" height="1" src="file:///C|/Documents and Settings/Aditya Jha/Application Data/Macromedia/Dreamweaver MX 2004/OfficeImageTemp/clip_image002_0005.gif"></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9. </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">M/s. Viraj Profiles Ltd.?(Village Amgaon, Taluka Wada, Dist. Thane, Maharashtra </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Stainless Steel Engineering Products </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">21.08.2006 </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">SEEPZ </font></p></td>
</tr>
</table>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong> </strong></font> <font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Tariff Value of Gold, Silver reduced - hike in oils </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE </strong> Government has decreased the Tariff value of Gold from 400 USD to 396 USD per 10 gms. The tariff value of Silver has decreased from 609 to 575 USD per kilogram. Tariff Values of oils have been hiked except soyabean. Tariff value of Brass scrap has been decreased. However, the Tariff value of Poppy Seeds and areca nuts remain unchanged. The Tariff values as on 15.09.2014 and with effect from <strong>30.09.2014 </strong>are as under: </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr bgcolor="#CCFFCC">
<td width="0" colspan="5" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Table 1</strong></font> </font></p></td>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>S. No. </strong></font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Chapter/ heading/ sub-heading/tariff item </strong></font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Description of goods </strong></font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Tariff value USD (Per Metric Tonne) <br>
from 15.09.2014 </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Tariff value USD (Per Metric Tonne) <br>
from 30.09.2014 </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>(1) </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>(2) </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>(3) </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>(5) </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>(6) </strong></font></p></td>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palm Oil </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">722 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>725 </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 10 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBD Palm Oil </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">728 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>750 </strong></font></p></td>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others - Palm Oil </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">725 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>738 </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palmolein </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">731 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>762 </strong></font></p></td>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 20 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBD Palmolein </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">734 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>765 </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others -Palmolein </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">733 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>764 </strong></font></p></td>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1507 10 00 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Soyabean Oil </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">845 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>838 </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7404 00 22 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Brass Scrap (all grades) </font></p></td>
<td width="0" valign="top"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4060 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>3987 </strong></font></p></td>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1207 91 00 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Poppy seeds </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="right"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3429 </font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>3429 (No change) </strong></font></p></td>
</tr>
<tr>
<td width="0" colspan="5" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Table 2 </strong></font> </font></p></td>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>S. No. </strong></font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Chapter/ heading/ sub-heading/tariff item </strong></font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Description of goods </strong></font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Tariff value USD <br>
from 15.09.2014 </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Tariff value USD <br>
from 30.09.2014 </strong></font></p></td>
</tr>
<tr>
</tr>
<tr bgcolor="#CCFFCC">
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">71 or 98 </font></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="justify"><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></p></td>
<td width="0" valign="top" bgcolor="#CCFFCC"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>400 per 10 grams </strong></font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>396 per 10 grams </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">71 or 98 </font></p></td>
<td width="0" valign="top"><p align="justify"><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></p></td>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>609 per kilogram </strong></font></p></td>
<td width="0" valign="top"><p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>575 per kilogram </strong></font></p></td>
</tr>
<tr>
<td width="0" colspan="5" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Table 3 </strong></font> </font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>S. No. </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Chapter/ heading/ sub-heading/tariff item </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Description of goods </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Tariff value USD (Per Metric Tons) <br>
from 15.09.2014 </strong></font></p></td>
<td width="0" valign="top"><p align="center"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Tariff value USD (Per Metric Tons) <br>
from 30.09.2014 </strong></font></p></td>
</tr>
<tr>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">080280 </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Areca nuts </font></p></td>
<td width="0" valign="top"><p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>2017 </strong> </font></p></td>
<td width="0" valign="top"><p align="center"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>2017 </strong></font></p>
<p align="center"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>No change <br>
</strong></font></p></td>
</tr>
</table>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTcxODY=" target="_blank"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Notification No. 95/2014-Customs (NT), Dated: September 30, 2014 </strong></font></a></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"> <strong>64th Batch of IRS probationers Passing Out</strong></font></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong> </strong></font><font color="#663399" 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/Passing_Out.jpg" alt="" width="500" height="188" hspace="5" border="0" align="center"></font></strong></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"></font>
</p>
</p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>RECENTLY NACEN</strong> had a glittering function for the passing out parade of the 64th batch of IRS probationers. The entire Board including the Chairperson was present. The former DG NACEN, Rashida Hussain was a distinguished guest. </font></p>
<p align="center"><font color="#663399" 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/excelled.jpg" alt="" width="500" height="199" hspace="5" border="0" align="center"></font></strong></font></p>
<p align="center"><font color="#663399" 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/cbec_full.jpg" alt="" width="500" height="300" hspace="5" border="0" align="center"></font></strong></font></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Cadre Review promotions </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THOUSANDS</strong> of Inspector rank officers in the CBEC have been promoted yesterday to the rank of Superintendent. Some of them are getting their first promotion after nineteen years experience in the Department. </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 align="justify"><font color="#663399" 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/ddt_hammer.jpg" alt="Legal Corner Icon" width="100" height="84" hspace="5" border="0" align="left"></font></strong></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">Central Excise </font></strong></font></p>
<p align="justify"><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Appeals - Commissioner (Appeals) should not have expressed an opinion different from the order of the High Court - AP High Court </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THIS</strong> case as noted by the High Court has an interesting background. This challenges the order, dated 18.06.2014 passed by the Commissioner of Customs, Central Excise & Service Tax (Appeals-II), Hyderabad </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The writ petitioner approached the High Court earlier seeking the relief to <em>issue an appropriate writ, order or direction more particularly one in the nature of Writ of Mandamus declaring as arbitrary, illegal, indiscrete, high handed, discriminatory and affront to doctrine of legitimate expectations as well as doctrine of equity, fairness & reasonableness… </em></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><em>In spite of the directions of the High Court, the Commissioner (Appeals) refused to decide the appeal. The Commissioner should not have expressed the opinion differently to that of the opinion given by the Court. When the High Court has in clear terms ruled that appeal lies, the Commissioner under Article 227 of the Constitution of India, had no option, but to proceed with the hearing of the appeal on merit. Perhaps, this aspect escaped the notice of Commissioner. </em></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 color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Whether, for the purpose of claiming Sec 10B benefits, it is necessary to obtain approval of STPI authority - YES: High Court </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> assessee company, incorporated in 2003, was engaged in software development. It had started business operations from January, 2004. The assessee prepared accounts for the period 19.12.2003 to 31.3.2005. For the first time, in AY 2005-06, the assessee claimed deduction u/s 10B and filed return of income declaring total income of Rs.38,430/-. The said return was processed u/s 143(1) and subsequently, the case was taken up for scrutiny. The AO while dealing with the claim of deduction u/s 10B, found that the assessee had applied for registration as 100% EOU to Software Technology Parks of India (STPI) and obtained approval only in May, 2005; hence, as per Circular No.1 of 2005 dated 06.01.2005 of the CBDT, the assessee was not eligible for the benefit u/s 10B. Accordingly, AO disallowed the entire claim of deduction u/s 10B on the ground that the assessee had obtained approval from STPI only in May, 2005, which was after the end of the previous year relevant to the AY 2005-06. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The issue before the Bench is - Whether, for the purpose of claiming Sec 10B benefits, it is necessary to obtain approval of the STPI authority. And the answer goes against the assessee. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">Service Tax </font></strong></font></p>
<p align="justify"><font color="#FF6633" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Services received of development, maintenance and installation of software systems etc. are IT Software services & cannot be said to be covered under BAS as 'customer care service' - Appeal allowed: CESTAT </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>A</strong> Service Tax demand of Rs.5.39 crores was confirmed against the appellant by the CCE, Pune-I by classifying the services received by them under ‘Business Auxiliary Service'. The period of demand is from 18/04/2006 to 15/05/2008. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The first part of the demand of Rs.3.76 crores is in respect of IT services received by the appellant from M/s. SKF, Sweden and the second part of the demand consists of an amount of Rs.1.63 crores in respect of various expenditure incurred by the appellant towards foreign currency purchase, professional management fees, group management programmes, engineering software support services, etc. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">See our Columns Tuesday for the judgements </font></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#FF0000">It's going to be a long period of holidays: </font></strong></font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">2nd October - Thursday - Gandhi Jayanti </font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">3rd October - Friday - Dussehra </font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">6th October - Monday - Bakrid </font></p>
<p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Tuesday with more DDT </font></p>
<p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have a nice time. </font></p>
<p align="justify"><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@tiol.in"><strong>vijaywrite@tiol.in</strong></a></font></p>
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