TIOL-DDT 2570 · the untouched capture
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<p><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><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 size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><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=23157"><img src="http://www.taxindiaonline.com/RC2/image/stories/limca_book2015_1.jpg" alt="DDT in Limca Book of Records - Third Time in a row" width="300" height="148" hspace="5" border="0" align="right" ></a></font></strong></font></strong></font></strong></font></strong></font></strong></s></font></strong></font></strong></font></strong></font></strong></font></strong></font></strong></s></font></strong></font><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT 2570</font><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
01 04 2015<br>
Wednesday</font></strong></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Service Tax could not be paid yesterday - will Board extend time? </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>WE</strong> have received several messages and calls from many concerned assessees that they were not able to pay Service Tax yesterday as the website seems to have crashed. An assessee mailed in: </font></p>
<blockquote>
<p align="justify"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">We have not been able to pay the service tax and central excise dues today. The website seems to have crashed. Please take up this issue with CBEC and request for extension of time for payment of the dues . </font></em></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Another assessee wrote in: </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><em>We wish to bring to your kind notice that today being 31.03.2015, is last day for payment of Service Tax. All assessees are required to make payment online only. </em></font></p>
<p align="justify"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">From today afternoon, website for payment of Service tax is down and all are not able to make e payment. Now we are worried that though we are trying hard for e payment, but unsuccessful due to website; whether we will have to pay interest and is there threat of being defaulter ? </font></em></p>
<p align="justify"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">We have not gone through any circular of CBEC where they have taken note of this and no extension is given for Service Tax payers. </font></em></p>
<p align="justify"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">It looks like assessees wish to pay Service tax but CBEC is not interested to receive the same. </font></em></p>
<p align="justify"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Our humble request to your good self that please guide us how to represent this situation to CBEC. </font></em></p>
<p align="justify"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">We look for your valuable guidance in the matter please. </font></em></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Will CBEC do something? </font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><em><strong><font color="#006600">Service Tax - Changes effective from today: </font></strong></em></font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i) <strong>AMENDMENTS</strong> to exemptions at S. Nos. 12, 14, 16, 20, 21 and 29 of notification No. 25/2012-ST (Construction, erection commissioning or Installation services for Government, Port or Airport, services by performing artists, transportation of specified goods, services provided by a mutual fund agent to a mutual fund or assets management company and distributor to a mutual fund or AMC) </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii) Omitting the entry at S. No. 32 in notification No. 25/2012-ST (exemption to public telephone calls) </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii) New exemptions for,- </font></p>
<ul>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify">Precondition, pre-cooling, ripening, waxing, retail packing, labeling of fruits and vegetables </font></li>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Service by a Common Effluent Treatment Plant operator </font></li>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Varistha Bima Yojana </font></li>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Ambulance services </font></li>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Admission to a museum, zoo, national park, wild life sanctuary, and a tiger reserve </font></li>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Service provided by exhibitor of movie to a distributor or an AOP consisting of exhibitor as one of its member </font></li>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Transport of export goods by road from the place of removal to a land customs station </font></li>
</ul>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iv) Change in abatement rates and conditions thereof for transport of passengers and goods by train; transport of goods by road by a GTA; transport of goods by vessels; executive/business class travel by air; and withdrawal of abatement on services provided in relation to chit </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(v) Amendment in reverse charge mechanism,- </font></p>
<ul>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Full reverse charge on manpower supply and security service provided by individual, HUF, partnership firm to a body corporate </font></li>
<li><font size="2" face="Verdana, Arial, Helvetica, sans-serif" align="justify"> Reverse charge on service provided by a mutual fund agent, mutual fund distributor and agents of lottery distributor </font></li>
</ul>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(vi) Amendment in rule 4(7) of the Cenvat Credit Rules to allow credit of service tax paid by recipient of service in partial reverse charge immediately on payment of tax. </font></p>
</blockquote>
<p align="justify"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">It is reiterated that the enhanced rate of 14% is NOT applicable from today. </font></strong></p>
<p align="center"><font face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600" size="3">IT vs CBI - Income Tax Officer arrested with bribe of 2 lakhs - Tax officials attack CBI</font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE </strong>Income Tax officers all over the country were busy yesterday trying to collect that extra rupee to bolster their revenue targets, but a different drama unfolded in the Income Tax Bhavan at Lucknow. The CBI laid a trap on an officer trying to collect a bribe of Rs. 2 lakhs. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This is the story we heard. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">An Income Tax officer of Lucknow demanded a bribe of Rs. 10 lakhs from the director of a firm for settling his Income Tax assessment. The director alerted the CBI, which nabbed the ITO with the advance amount of Rs. 2 lakhs. Now started the drama. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The colleagues of the ITO are reported to have attacked the CBI officers and witnesses - and one of the weapons used for scaring away the CBI sleuths was the fire extinguisher. The fire in the CBI doesn't get extinguished that easily. CBI called for police help and arrested the ITO. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As this was happening in Lucknow, in Patna a CBI Inspector was sentenced to five years rigorous imprisonment with fine of Rs.20,000 under the Prevention of Corruption Act, in a bribery case, by a CBI Court. The CBI inspector was arrested by the CBI seven years ago while demanding & accepting a bribe of Rs.50,000/ from a Bank Manager for showing favour in disposal of a complaint against him. </font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">E-filing of ST-3 Return - Utility ready </font></em></strong></font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE </strong>ACES website informs: </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> - Utility for e-filing Service Tax Return (ST-3) for the period October 2014 to March 2015 is now available in both offline and online version. The last date of filing the ST-3 return for the said period is 25th April, 2015. However, to avoid congestion and inconvenience in the last minute, all assesses who wish to file their ST-3 for the said period are advised to start e-filing the returns immediately and not to wait till the last date. The assesses can file return either online or use the offline utility by downloading the latest version from http://acesdownload.nic.in/ or from 'DOWNLOADS' Section of ACES website. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- Service Tax Registration will be issued within 2 days of filing ST1 application, in the case of Single Premises Registration. Prescribed documents are required to be submitted within 7 days. Verification of documents will be done post issue of Registration Certificate.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- Permanent Account Number (PAN) is mandatory for obtaining Service Tax Registration for applicants other than Government Departments. Applicants, who are not Government Departments, shall not be granted registration in the absence of PAN. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- Existing registrants, except Government departments not having PAN shall obtain PAN and apply online for conversion of temporary registration to PAN based registration by 31st May, 2015, failing which the temporary registration shall be liable for cancellation. </font></p>
</blockquote>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">APA - CBDT extends deadline for filing rollback application to June 30, 2015 </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>CBDT</strong> has decided to amend the sub-rule (5) of rule 10MA to provide that in a case where an application has been filed prior to the 31st day of March, 2015, application for roll back in Form No. 3CEDA along with proof of payment of additional fee may be filed at any time on or before the 30th day of June, 2015 or the date of entering into the agreement whichever is earlier. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Similarly, in a case where an agreement has been entered into before the 31st day of March, 2015, application for rollback in Form No. 3CEDA along with proof of payment of additional fee may be filed at any time on or before the 30th day of June, 2015. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT says the 'formal' notification will follow shortly. Shouldn't the notification have been issued on or before 31st March? And since when is a notification <em><strong>formal</strong></em>? </font></p>
<p align="justify"> <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=23257">APA - CBDT extends deadline for filing roll back application to June 30, 2015 </a> </strong></font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Customs - Antiques - Exemption </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>AS</strong> per Sl. No. 4 of the Table in the Notification No. 26/2011-Customs, dated the 1st March, 2011, <em>Antiques intended for public exhibition in a <font color="#FF0000"><strong>public</strong></font> museum or <font color="#FF0000"><strong>national</strong></font> <font color="#FF0000"><strong>institution</strong></font></em> are exempted from Customs duties. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Now it is changed to "<em>Antiquities intended for public exhibition in a museum or art gallery</em>" </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTc4NTI=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No.14/2015 - Cus., Dated: March 31, 2015 </font></strong></a></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Customs - Exemption to Pulses extended</font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Customs duty exemption to pulses by sl. No. 21 and 21 A of the table to Notification No. 12/2012 was to expire today. Now the Government has extended it till 1st October 2015. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTc4NTM=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No.15/2015 - Cus., Dated: March 31, 2015 </font></strong></a></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">ST - VCES - Order of Rejection Appealable? SC keeps issue for another day</font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Service Tax Voluntary Compliance Encouragement Scheme came to an official end on 31st December 2014, not the litigation that followed. </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The CBEC in its Circular <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=41&filename=notification/servicetax/2013/sercir170.htm" target="_blank"><strong>170/5/2013-ST</strong> </a>dated 8th August, 2013 clarified thus - </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">13 </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">What is the appeal mechanism against the order of the designated authority whereby he rejects the declaration under section 106 (2) of the Finance Act, 2013? </font></p></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Scheme does not have a statutory provision for filing of appeal against the order for rejection of declaration under section 106 (2) by the designated authority. </font></p></td>
</tr>
</table>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Punjab and Haryana High Court in the<em> Barnala Builders</em> case <strong><a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=OTEwOTc=" target="_blank"><font size="1">2013-TIOL-1016-HC-P&H-ST</font></a></strong>, held, "<em>We are unable to accept correctness of instructions issued by the Central Board of Excise and Customs, for the simple reason that after incorporation of the Service Tax Voluntary Compliance Encouragement Scheme into the Finance Act, all other provisions of the Act except to the extent specifically excluded, apply to proceedings under the scheme. The impugned order passed by the Deputy Commissioner of Central Excise and Service Tax would necessarily be appealable under Section 86 of the Indian Finance Act, 1994</em>". </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The good Board took the matter in appeal to the Supreme Court. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Now what would happen if the party had already filed the appeal and that was decided by the appellate authority, before the issue could be decided by the Supreme Court? That is exactly what happened. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">When the case came up for hearing before the Supreme Court recently, the Court was informed that the appeal filed by the declarant was decided and the Revenue did not take up the matter further before the Tribunal. So as far as this assessee is concerned, the matter has attained finality and the Revenue appeal before the Supreme Court is only an academic issue. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">But can an appeal be filed against an order of rejection under the VCES? The Supreme Court has left that issue open. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Please see </strong><em>Dy. Commissioner of Central Excise & Service Tax Vs Barnala Builders & Property Consultants </em>-<em> <strong><a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=MTAxMjAz" target="_blank"><font size="1">2015-TIOL-39-SC-ST</font></a></strong></em></font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">CE - Valuation - includibility of cost of transportation - Supreme Court rejects Revenue Appeal </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> issue before the Supreme Court was the includibility of the cost of transportation charges from the factory gate to the depot in the transaction value of the goods. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Supreme Court observed, "While allowing the appeal of the respondent herein, the Tribunal has arrived at a categorical finding that the respondent is not responsible to pay the cost of transport from the place of removal to the place of delivery i.e. from the factory gate to the depot separately. In terms of Rule 5 of the Central Excise Valuation (Determination of price of Excisable Goods) Rules, 2000, such a cost of transport which is also separately shown, is not includable in the valuation for the purpose of excise duty." </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Supreme Court did not find any error in the judgment of the Tribunal and dismissed the Revenue appeal. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Please see </strong><em>Commissioner of Central Excise,Nagpur Vs Ispat Industries Ltd</em> -<em><strong> <font size="1"><a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=MTAxMjA0" target="_blank">2015-TIOL-40-SC-CX</a></font></strong></em></font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Vizag CC given additional charge of Mumbai </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>WITH</strong> modern communication and travel facilities, geographical boundaries are getting blurred. CBEC seems to be well aware of this. They have posted the Vizag Chief Commissioner to hold the additional charge of Mumbai II Central Excise. Sitting in Vizag in the East Coast, it should not be difficult for her to administer Mumbai in the West Coast. The Board has also posted the CC Bhubaneswar to hold charge of Nagpur, CC, Mumbai to hold charge of DG, Service Tax and the DG (Export Promotion) will hold the post of DG, Safeguard. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This means that they don't have people to post in the posts of Chief Commissioners. Already about 15 posts are under additional charge and a couple of officers will retire next month. The cadre review created so many posts, but they are not able to fill them. Till date the posts of Principal Chief Commissioner is not filled. Why can't they promote officers who are ready and waiting instead of keeping posts under additional charge with absolutely no respect for geography? </font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Tariff Value of Gold, Silver Increased </font></em></strong></font></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 375 USD to 385 USD per 10 gms. The tariff value of Silver is also increased from 512 USD to 543 USD per kilogram. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff values of all the oils, Brass Scrap and Poppy Seeds have been reduced.The Tariff value of Areca Nuts per Metric Ton continues to remain at USD 2280. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Tariff values as on <strong>13.03.2015</strong> and with effect from <font color="#FF0000"><strong>31.03.2015</strong></font> are as under: </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr bgcolor="#D8F3D9">
<td colspan="5" valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span">Table 1 </font></strong></div></td>
</tr>
<tr bgcolor="#D8F3D9">
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tonne) <br>
from 13.03.2015 </font></strong></div></td>
<td valign="top"><div align="center"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tonne) <br>
from 31.03.2015 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(1) </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(2) </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(3) </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(5) </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(6) </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palm Oil </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">686</font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">656 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 10 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBD Palm Oil </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">703 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">665 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others - Palm Oil </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">695 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">661 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palmolein </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">707 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">667 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 20 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBDPalmolein </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">710 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">670 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others -Palmolein </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">709 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">669 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1507 10 00 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Soyabean Oil </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">800 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">734 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7404 00 22 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Brass Scrap (all grades) </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3495 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">3480 </font></strong></div></td>
</tr>
<tr bgcolor="#D9FFFF">
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1207 91 00 </font></td>
<td valign="top" bgcolor="#D9FFFF"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Poppy seeds </font></td>
<td valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3747 </font></strong></div></td>
<td valign="top" bgcolor="#D9FFFF"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">2817 </font></strong></div></td>
</tr>
<tr>
<td colspan="5" valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span">Table 2 </font></strong></div></td>
</tr>
<tr bgcolor="#D8F3D9">
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD<br>
from 13.03.2015 </font></strong></div></td>
<td valign="top" bgcolor="#D8F3D9"><div align="center"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD <br>
from 31.03.2015 </font></strong></div></td>
</tr>
<tr bgcolor="#D8F3D9">
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td 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 valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">375 per 10 grams </font></strong></div></td>
<td valign="top"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">385 per 10 grams </font></strong></div></td>
</tr>
<tr bgcolor="#D8F3D9">
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></td>
<td 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 valign="top"><div align="right"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">512per kilogram </font></strong></div></td>
<td valign="top"><div align="right"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">543 per kilogram </font></strong></div></td>
</tr>
<tr>
<td colspan="5" valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span">Table 3 </font></strong></div></td>
</tr>
<tr bgcolor="#EBC498">
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods </font></strong></div></td>
<td valign="top"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tons) <br>
from 13.03.2015 </font></strong></td>
<td valign="top"><div align="center"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tons) <br>
from 31.03.2015 </font></strong></div></td>
</tr>
<tr bgcolor="#EBC498">
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td 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 valign="top"><div align="center"><font color="#0000FF"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2280 </font></strong></font></div></td>
<td valign="top"><div align="center"><font color="#0000FF"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2280 </font></strong></font></div></td>
</tr>
</table>
<p><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTc4NTE=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 34/2015-Cus.(N.T.), Dated: March 31, 2015 </font></strong></a></p>
<p><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Long weekend for GOI -<strong> Thursday and Friday are holidays </strong></font></p>
<p><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Monday with more<strong> DDT</strong></font></p>
<p><strong><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have a nice extended weekend. </font></strong></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@tiol.in"><strong>vijaywrite@tiol.in </strong></a></font>
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