TIOL-DDT 2753 · the untouched capture
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<p><strong><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT 2753</font><font size="3" face="Verdana, Arial, Helvetica, sans-serif"></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
29 12 2015<br>
Tuesday</font></strong></p>
<p align="center"><font size="3"><strong><em><font color="#006600" face="Verdana, Arial, Helvetica, sans-serif">I-T - No TDS on interest on deposits ordered by courts -Board accepts High Court Order</font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>SECTION </strong>194A of Income Tax Act, 1961 stipulates deduction of tax at source (TDS) on interest other than interest on securities. Board had received references expressing difficulties in implementation of provisions of Section 194A of the Act in a situation where in the course of the proceedings before Supreme Court/ High Court/ any other court or tribunal, one or more than one litigant is directed by the court that a specified amount be deposited in the bank either directly or through the court in order to protect the interest of litigants. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT in Circular No. 8/2011, dated 14.10.2011 clarified that Banks should deduct tax at source on the interest accruing on the above deposit(s). </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Himachal Pradesh High Court had quashed the CBDT Circular in <a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=OTY4MzU=" target="_blank"><strong>2014-TIOL-1815-HC-HP-IT</strong></a></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Delhi High Court also quashed this circular in <a href="http://www.taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=OTczMDc=" target="_blank"><strong>2014-TIOL-1933-HC-DEL-IT</strong></a></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT has now accepted the judgement of the Delhi High Court.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board clarifies that<em> interest on FDRs, made in the name of the Registrar General of the Court or the depositor of the fund on the directions of the Court, will not be subject to TDS till the matter is decided by the Court. However, once the Court decides the ownership of the money lying in the fixed deposit, the provisions of section 194A will apply to the recipient of the income</em>. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board directs that such issues may not be contested in appeal and pending litigation, if any, on this issue before various Courts/Tribunals may be withdrawn/not pressed upon. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTg5NjA=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT Circular No. 23/2015., Dated: December 28, 2015 </font></strong></a></p>
<p align="center"><em><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><font color="#006600">All Your Questions on CE & ST Audit </font></strong></font></em></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> Hyderabad Audit Commissionerate has released a FAQ on Audit. However, the Commissionerate hastens to add a disclaimer that this is<em> for general information - not statutory provisions</em>. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">1. Question: What is Central Excise/Service Tax Audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Audit is a verification of financial accounts and other records particularly records relating to production, clearance of goods or provision of service by the assessees to ascertain that duties of Central Excise / Service Tax are correctly paid. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">2. Question: Who Conducts the Audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: The Central Excise officers posted in Commissionerate of Audit conduct Audit which include Assistant / Deputy Commissioner, Joint / Additional Commissioner or Joint Director (Cost). </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">3. Question: When I file returns periodically to the department, what is the need of conducting audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: The returns filed with the department are based on self assessment. The correctness of the payment and application of statute are verified during the periodical Audits conducted by the department. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">4. Question: What is the selection criteria? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: In terms of revised selection methodology prescribed vide Circular No. 995/2/2015-CX dated 27th Feb, 2015, which has come into effect from 01st July, 2015, an annual schedule for audit would be drawn based on the risk evaluation method prescribed by the Directorate General of Audit. The Audit Commissionerates could also select few units at random or based on risk perception in each category of large, medium and small tax payers. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">5. Question: What is the duration of the Audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: It depends upon the quantum of the record to be scrutinized and period covered for audit. It may spread from two days to ten days. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">6. Question: Will it be a surprise audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: No. A minimum of 15 days prior notice is served on the assessees regarding proposed audit. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">7. Question: If I am registered for both Central Excise and Service Tax, whether two separate audits are conducted? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Simultaneous Audit for Central Excise, Service Tax and OSPCA would be conducted. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">8. Question: If factory is registered in one Commissionerate, Service Tax registration is in another Commissionerate, where registered office is located, what is the criterion for selection of audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: If both the registrations i.e., Central Excise and Service Tax are in one zone, simultaneous audit would be conducted by Audit Commissionerate. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">9. Question: Under what authority department conducts audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: The statutory provisions relevant for audit is clause (x) of Section 37(2) and Rule 22 of the Central Excise Rules, 2002 for conducting Central Excise Audit and Rule 5A (2) of the Service Tax Rules, 1994 for Service Tax audit. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">10. Question: Do I need to produce all my business records/documents? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Since there are no prescribed Central Excise records, records maintained by the assessees are requested for scrutiny. These may include, financial statements, invoices, ledgers, bank statements, cenvat credit documents, accounting policies etc., apart from statutory returns. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">11. Question: How much time is given for production of records? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: As an intimation of 15 days is given in advance, all records should be furnished to the audit team on or before their visit to the unit for audit. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">12. Question: If records/accounts are maintained on a system using accounting packages like SAP/Tally/Focus etc., what is the procedure for conducting audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Ans: In such cases, normally Computer Aided Audit Programme is conducted. You are requested to produce the soft copy of the records and also the records maintained in physical form. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">13. Question: Can I ask for postponement of audit due to prior business engagements? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Yes. In genuine cases on production of proper evidence, the competent authority may consider the request for postponement. Since the audit programme is drafted months in advance, postponements are not encouraged. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">14. Question: Will I get to know the objections raised during audit? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Yes. The auditors discuss each and every objection they are going to raise and issue a spot memo. If assessees voluntarily rectify the error and correct the same by payment of duty, interest and penalty etc., the para would be settled in MMCM. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">15. Question: Can I get a copy of Final audit report? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Yes. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">16. Question: How long does it take to receive Final Audit Report? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Normally within 15 days from the date of approval of audit report in Monthly Monitoring Committee Meeting. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">17. Question: Do I have opportunity to contest of the audit objection after receipt of Final Audit Report? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Yes, you may like to send your detailed reply to the <strong>concerned </strong>ADC/JC of the circle. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">18. Question: What is the next course of action if the Department do not agree with my reply? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: A Show Cause notice is issued by the Audit Commissionerate answerable to respective competent authority in executive Commissionerate. The assessee's written reply and submissions made in personal hearing will be considered and the case will be adjudicated. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">19. Question: In case of grievance regarding the method of audit or behaviour of auditors, whom should I contact? </font></p>
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<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: You may contact the <strong>concerned</strong> circle Additional Commissioner. The assessees are also provided along with final audit report, a feed-back form regarding quality of audit and suggestions for improvement of audit. </font></p>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FEE1BA" span="span">20. Question: Can I get guidance from the auditors regarding record keeping and application of law?</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FDDED7" span="span">Ans: Yes. The auditors are professionally trained to guide, educate and encourage tax compliance. </font></p>
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<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><em><strong><font color="#006600">FTP - MEIS - One Panama Deleted </font></strong></em></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>TABLE</strong> 1 of Appendix 3B of MEIS (Merchandise Exports from India Scheme) Schedule notified vide Public Notice No.2 dated 1st April 2015 has listed </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FFFF00" span="span">Panama </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">in two country groups as under:- </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. "<em>Panama Republic</em>" is listed in the country Group-B at Serial No. 95. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. "<em>Panama</em>" is listed in the country Group-C at Serial No. 50. </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">DGFT has now realized the existence of Panama in two different lists and has deleted the entry "<em>Panama</em>" at Serial No.50 under Country Group-C of Table 1 of Appendix 3B- MEIS Schedule with effect from 01.04.2015. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTg5NjI=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">DGFT Public Notice No. 51/2015-20., Dated: December 28, 2015 </font></strong></a></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Make In India Week </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>GOVERNMENT </strong>of India has decided to organise "<em>Make In India Week</em>" in Mumbai during 13-18 February, 2016 which is to be inaugurated by the Prime Minister. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The "<em>Make in India Week</em>" would showcase the people, policies and partnership that are driving India's new manufacturing revolution. Set against the vibrant backdrop of India's commercial capital - Mumbai this week long calendar would offer unprecedented access, insights and opportunities to connect and collaborate with India and global Industry leaders/visionaries, academicians, central and state administration. A number of events have been planned around the themes of innovation, design and sustainability on the larger canvas of manufacturing during this week long event. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The CBDT, <em>inter alia</em>, has been given the responsibility to disseminate information about the "<em>Make in India Week"</em> to be held in Mumbai through various professional bodies and trade associations that the Income Tax Department interacts with on a regular basis. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The CBDT Chairman AK Jain has written to all the Principal Chief Commissioners requesting them to disseminate this information to various professional bodies and trade associations within their respective regions for creating awareness amongst their members about the "<em>Make in India Week</em>". </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTg5NjQ=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBDT Chairman's Letter DO F.No.402/88/6/2015- Comm(coord)/ FTS-268649., Dated: December 28, 2015</font></strong></a></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">CBEC Charge of Members </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>IN</strong> recent months, the charge held by Members of the CBEC had been changed several times mostly due to new Members joining. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">It has now been decided with the approval of the </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FFFF00" span="span">Competent Authority </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">to issue a consolidated charge order of the Members of CBEC. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">There is a fairly stable Board now with most of the Members having more than a year of service left. This is a great opportunity to do some great work, if the Board can function as one cohesive unit. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">There seems to be a mysterious </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FFFF00" span="span">Competent Authority</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> lurking in the dark in every department. They don't tell us who this </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FFFF00" span="span">Competent Authority</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> is. Most probably it is the Minister; if it is so, why are they shy of revealing his authority? </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Members of the CBEC with their charges and date of retirement are as: </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr>
<td width="55" valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Sl.No. </font></strong></div></td>
<td width="239" valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Name</font></strong></div></td>
<td width="136" valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Member's Charge </font></strong></div></td>
<td width="106" valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Date of Retirement </font></strong></div></td>
</tr>
<tr>
<td width="55" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. </font></td>
<td width="239" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Mr. Najib Shah </font></td>
<td width="136" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chairman </font></td>
<td width="106" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">31.03.2017 </font></td>
</tr>
<tr>
<td width="55" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. </font></td>
<td width="239" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Ms. Neerja Shah </font></td>
<td width="136" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Central Excise </font></td>
<td width="106" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">30.09.2016 </font></td>
</tr>
<tr>
<td width="55" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. </font></td>
<td width="239" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Ms. Vanaja N. Sarna </font></td>
<td width="136" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Administration </font></td>
<td width="106" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">30.06.2018 </font></td>
</tr>
<tr>
<td width="55" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. </font></td>
<td width="239" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Mr. Ram Thirath </font></td>
<td width="136" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Budget </font></td>
<td width="106" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">30.04.2017 </font></td>
</tr>
<tr>
<td width="55" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. </font></td>
<td width="239" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Ms. Ananya Ray </font></td>
<td width="136" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Legal & IT </font></td>
<td width="106" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">31.08.2017 </font></td>
</tr>
<tr>
<td width="55" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6. </font></td>
<td width="239" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Mr. BK Bansal </font></td>
<td width="136" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Customs </font></td>
<td width="106" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">31.10.2016 </font></td>
</tr>
<tr>
<td width="55" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7. </font></td>
<td width="239" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Mr. Krishna Kumar Sharma </font></td>
<td width="136" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">TPS, ST & GST </font></td>
<td width="106" valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">31.03.2017 </font></td>
</tr>
</table>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Incidentally, the Chairman Mr. Najib Shah seems to be continuing as PDG, DRI. Couldn't the Government find one Chief Commissioner capable of heading the premier investigative agency? Now who does the DG, DRI report to? Is he an officer without a boss? Mr. Najib Shah, as DRI Chief will report to Mr. Najib Shah, the Chairman of CBEC. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTg5NjM=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC Office Order No. 175 in F.No.C-50/25/2000-Ad.II., Dated December 28, 2015 </font></strong></a></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Customs - Warehouse - No 'Crude' Interest </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>INTEREST </strong>is liable to be paid on imported goods stored in a warehouse beyond the time stipulated. However, Board is given the power to specify the class of goods in respect of which no interest is to be charged. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC has specified ‘<em>crude</em>', imported and stored in underground rock caverns as a class of goods in respect of which no interest shall be charged under the said section 61. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTg5NTc=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No.147/2015-CUSTOMS (N.T.)., Dated: December 23, 2015 </font></strong></a></p>
<p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Tomorrow with more <strong>DDT </strong></font></p>
<p align="justify"><strong><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have a nice day. </font></strong></p>
<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></p>
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