TIOL-DDT 265 · the untouched capture
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#663399" size="3">TIOL-DDT
265</font><br>
20 12 2005<br>
Tuesday</b></font></p>
<p align="center"><font color="#006633" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>The
anti dumping duty on sodium Cyanide</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This
notification has a very interesting history. The anti dumping duty was originally
imposed by Notification No. 83/2000- which was superseded by notification No.
10/2001 which was amended by a host of notifications latest by Notification
No. 56/2005 extending period of validity of the notification to
26th December, 2005 when it was originally valid till 2006. Now the Government
has issued a fresh notification imposing the anti dumping duty.. Please
see DDT of 31st December 2004, 3rd January, 2005 and 20th January, 2005.<br>
<br>
The Government has also issued a separate notification imposing anti dumping
duty on Sodium cyanide originating in or exported from Chinese Taipei.<br>
<br>
<strong><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=23&filename=notification/custom/2005/ctariff05_102.htm">Notification
No. 102/2005</a> and <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=23&filename=notification/custom/2005/ctariff05_103.htm">103/2005-Cus.,
dated 19.12.2005</a>.</strong></font></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif">
<b>Definition of port as infrastructural facility for the purpose of Income-tax
Act</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT
has clarified that for and from assessment year 2002-03 onwards, structures
at the ports for storage, loading and unloading etc will be included in the
definition of port for the purpose of sections 10(23G) and 80-IA of the Income-tax
Act subject to the condition that the concerned port authority has issued a
certificate that the said structures form part of the port.<br>
<br>
<a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=36&filename=notification/cbdt/2005/it05cir10.htm"><strong>CIRCULAR
NO. 10/2005, Dated: December 16, 2005</strong></a></font></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Ruia
gets notice from DRI</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The
Directorate of Revenue Intelligence has issued a show cause notice to Mr Pawan
Kumar Ruia, who had just acquired Dunlop India. The case will be adjudicated
by the Commissioner of Customs. Mr. Ruia termed the charge as false and fabricated
and proposes to challenge it at the appropriate forum.</font></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>After
education cess, now health cess?</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">If
Union Minister Ram Vilas Paswan has his way and it looks like he is going to,
there will be a 2% health cess on all taxes like the education cess. The Minister
also declared that Medicines will be sold on the maximum retail price (MRP)
mentioned on them from April 1, 2006, like all other packaged commodities. All
local taxes will be included in the MRP. Stating that this would not mean an
increase in MRP since MRP would be frozen, Mr Paswan said this was being done
to keep prices of medicines under check. Mr Paswan also let out a secret –
the excise duty on pharma industry is going to be reduced to 8% and the they
are also considering a proposal to raise the excise duty exemption limit of
small-scale pharma units from Rs 1 crore turnover to Rs 5 crores.</font></p>
<p class=section1 align=justify style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><span
style='font-size:10.0pt;font-family:Verdana;color:#006633'>Tariff Values for brass
scrap increased.</span></strong></font></p>
<p align="center" class=section1><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><span style='font-size:10.0pt;font-family:Verdana'>The
existing and the new rates are as follows</span></strong></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><o:p></o:p></font></p>
<div align="center">
<table class=MsoNormalTable border=1 cellspacing=0 cellpadding=0 width=450
style='width:337.5pt;mso-cellspacing:0cm;mso-padding-alt:0cm 5.4pt 0cm 5.4pt'
id=table1>
<tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>S.No.</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Chapter
heading or sub-heading</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Description
of goods</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Tariff
value<br>
US$<br>
(Per Metric Tonne)</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><span style='font-size:10.0pt;font-family:Verdana'>New
tariff values</span></b></font></p></td>
</tr>
<tr style='mso-yfti-irow:1'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>(1)</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;
font-family:Verdana'>(2)</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;
font-family:Verdana'>(3)</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;
font-family:Verdana'>(4)</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><span
style='font-size:10.0pt;font-family:Verdana'>5</span></b></font></p></td>
</tr>
<tr style='mso-yfti-irow:2'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1511
10 00</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Crude
Palm Oil</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>433</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>433</b></font></p></td>
</tr>
<tr style='mso-yfti-irow:3'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>2</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1511
90 10</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>RBD
Palm Oil</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>435</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>435</b></font></p></td>
</tr>
<tr style='mso-yfti-irow:4'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>3</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1511
90 90</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Others
– Palm Oil</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>434</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>434</b></font></p></td>
</tr>
<tr style='mso-yfti-irow:5'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>4</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1511
10 00</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Crude
Palmolein</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>440</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>440</b></font></p></td>
</tr>
<tr style='mso-yfti-irow:6'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>5</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1511
90 20</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>RBD
Palmolein</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>445</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>445</b></font></p></td>
</tr>
<tr style='mso-yfti-irow:7'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>6</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1511
90 90</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Others
– Palmolein</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>443</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>443</b></font></p></td>
</tr>
<tr style='mso-yfti-irow:8'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>7</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>1507
10 00</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Crude
Soyabean Oil</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>510</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>510</b></font></p></td>
</tr>
<tr style='mso-yfti-irow:9;mso-yfti-lastrow:yes'>
<td width=45 style='width:33.7pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>8</span></font></p></td>
<td width=86 style='width:64.5pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>7404
00 22</span></font></p></td>
<td width=190 style='width:142.55pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'>
<p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span style='font-size:10.0pt;font-family:Verdana'>Brass
Scrap (all grades)</span></font></p></td>
<td width=55 style='width:41.4pt;padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal align=center style='text-align:center'><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><span
style='font-size:10.0pt;font-family:Verdana'>2102</span></font></p></td>
<td style='padding:2.25pt 2.25pt 2.25pt 2.25pt'> <p class=MsoNormal><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>2145</b></font></p></td>
</tr>
</table>
<p align="left"><strong><u><span style='font-size:10.0pt;font-family:Verdana;
color:blue'><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=24&filename=notification/custom/2005/cnt05_109.htm">Notification
No. 109-CUS NT dated 16<sup>th</sup> December 2005</a></span></u></strong><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=24&filename=notification/custom/2005/cnt05_109.htm"><u><span
style='color:blue'><o:p></o:p></span></u></a><u><span
style='color:blue'><o:p></o:p></span></u></p>
</div>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">
<font color="#FF6666"><b>Until tomorrow with more DDT<br>
<br>
Have a nice day.<br>
<br>
Mail your comments to</b></font> <a href="vijaywrite@taxindiaonline.com">vijaywrite@taxindiaonline.com </a></font></p>
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