TIOL-DDT 2846 · the untouched capture
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<p><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=26988"><img src="http://www.taxindiaonline.com/RC2/image/stories/limca_book2016.jpg" alt="DDT in Limca Book of Records - Third Time in a row" width="252" height="220" hspace="5" border="0" align="right" ></a><strong><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT 2846</font><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif"></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
16 05 2016<br>
Monday</font></strong></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600">Finance Bill 2016 Saw President and blushed into Finance Act 2016 </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>SATURDAY</strong> 14th May 2016 was a busy day for the Finance Ministry, for that was the last day on which the Finance Bill 2016 had to be enacted. The Government sailed through the still waters of the Lok Sabha and the rough waters of Rajya Sabha to reach the Rashtrapati Bhavan just in time. The Finance Act 2016 came into existence on 14th May 2016 and silently slipped into history unsung unheard. For some strange reason, the Government does not give too much publicity to such State Secrets. </font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600"><a name="f1"></a>Customs Changes - Post Finance Act 2016 </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>SEVERAL</strong> changes have been proposed in the Finance Bill 2016 relating to warehousing provisions. They have all come into force with effect from 14.05.2016, when the Bill received the assent of the President. </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The amendments: </font></p>
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<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S. <br>
No. </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Amendment </font></strong></div></td>
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<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">Subsection (43) of Section 2 is amended to add a new class of warehouses for enabling storage of specific goods under physical control of the department, as control over the other types of warehouses would be only record based. </font></td>
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<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">Subsection (45) of Section 2 which defines "warehousing station" is omitted. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. </font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter heading of Chapter III is amended to omit the word "warehousing station". </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 9 (Power to declare places to be Warehousing stations) is omitted. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Sections 57 and 58 are substituted to provide for licensing by the Principal Commissioner or Commissioner, in place of Deputy/Assistant Commissioner, subject to such conditions as may be prescribed. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">New section 58A is inserted to provide for a new class of warehouses which require continued physical control and will be licensed for storing goods, as may be specified. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">New section 58B is inserted so as to regulate the process of cancellation of licences which is a necessary concomitant of licensing. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The existing section 59 governing warehousing bonds submitted by importers availing duty deferred warehousing is substituted so as to fix the bond amount at thrice the duty involved and to furnish security as prescribed. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The existing section 60 is substituted for Permission for removal of goods for deposit in warehouse. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">10.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The existing section 61 is substituted to extend the period of warehousing to all goods used by Export Oriented Undertakings, Units under Electronic Hardware Technology Parks, Software Technology Parks, Ship Building Yards and other units manufacturing under bond; empower Principal Commissioners and Commissioners to extend the warehousing period upto one year at a time. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">11.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 62 relating to physical control over warehoused goods is omitted since the conditions for licensing different categories of warehouses and exercising control over the same are now provided under sections 57, 58 and 58A. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">12.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 63 relating to payment of rent and warehouse charges is omitted in view of the privatization of services, and free market determination of rates, including those by facilities in the public sector. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">13.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The existing section 64 relating to owner's rights to deal with warehoused goods is substituted so as to rationalize the facilities and rights extended under the section. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">14.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 65 is amended to delete the payment of fees to Customs for supervision of manufacturing facilities under Bond; and empower Principal Commissioner or Commissioner of Customs to licence such facilities. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">15.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 68 is amended to omit rent and other charges on account of omission of section 63. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">16.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 69 is amended to omit rent and other charges on account of omission of section 63. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">17.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 71 is amended so as to substitute the word "exportation" with the word "export" to align with definition contained in sub section (18) of section 2. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">18.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 72 is amended to delete clause (c) regarding improper removal of samples </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">19.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Section 73 is amended to provide for cancellation bond in case of transfer of ownership of the goods, and is thus aligned with sub-section (5) of section 59. </font></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">20.</font></td>
<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">New section 73A is inserted so as to provide for custody of warehoused goods and responsibilities including the liabilities of warehouse keepers. </font></td>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Notifications and Circulars</strong>: Consequent to the above changes, Government has issued the following notifications on 14.5.2016: </font></p>
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<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Sl. No. </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. dated 14.05.2016 </font></strong></div></td>
<td valign="top"><div align="center"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Details </font></strong></div></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td valign="top"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4Nzc=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">66 /2016- Customs (N.T.) </font></strong></a></td>
<td valign="top"><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As per the new Section 58A, </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><em>(1) The Principal Commissioner of Customs or Commissioner of Customs may, subject to such conditions as may be prescribed, license a special warehouse wherein dutiable goods may be deposited and such warehouse shall be caused to be locked by the proper officer and no person shall enter the warehouse or remove any goods there from without the permission of the proper officer. </em></font></p>
<p><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(2) The Board may, by notification in the Official Gazette, specify the class of goods which shall be deposited in the special warehouse licensed under sub-section (1). </font></em></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Board has specified the following class of goods which shall be deposited in a special warehouse licenced under sub-section (1): </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(1) gold, silver, other precious metals and semi-precious metals and articles thereof; </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(2) goods warehoused for the purpose of - </font></p>
<blockquote>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(a) supply to duty free shops in a customs area; </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(b) supply as stores to vessels or aircrafts under Chapter XI of the Customs Act, 1962;</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(c) supply to foreign privileged persons in terms of the Foreign Privileged Persons (Regulation of Customs Privileges) Rules, 1957. </font></p>
</blockquote></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></td>
<td valign="top"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4Nzg=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">67/2016- Customs (N.T.) </font></strong></a></td>
<td valign="top"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Warehoused Goods (Removal) Regulations, 2016 , notified </font></em></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3 </font></td>
<td valign="top"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4Nzk=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">68/2016- Customs (N.T.) </font></strong></a></td>
<td valign="top"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Warehouse (Custody and Handling of Goods) Regulations, 2016 , notified </font></em></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. </font></td>
<td valign="top"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4ODA=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">69/2016- Customs (N.T.) </font></strong></a></td>
<td valign="top"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Special Warehouse (Custody and Handling of Goods) Regulations, 2016 , notified. </font></em></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. </font></td>
<td valign="top"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4ODE=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">70/2016- Customs (N.T.) </font></strong></a></td>
<td valign="top"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Public Warehouse Licensing Regulations, 2016 , notified </font></em></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6. </font></td>
<td valign="top"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4ODI=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">71/2016- Customs (N.T.) </font></strong></a></td>
<td valign="top"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Private Warehouse Licensing Regulations, 2016 , notified </font></em></td>
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<td valign="top"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7. </font></td>
<td valign="top"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4ODM=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">72/2016- Customs (N.T.) </font></strong></a></td>
<td valign="top"><em><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Special Warehouse Licensing Regulations, 2016 , notified </font></em></td>
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<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And the following Circulars:</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. <strong><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4NzE=" target="_blank">Circular No.17/2016-Customs., Dated: May 14 2016</a>:</strong> </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif" style="background-color:#FFFF00" span="span">The Warehouse (Custody & Handling of Goods) Regulations, 2016 and the Special Warehouse (Custody & Handling of Goods) Regulations, 2016 </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">have been notified under notification no. 68 /16-Cus (NT) dated 14th May 2016 and no.69 / 16-Cus (NT) dated 14th May 2016 respectively. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The regulations prescribe the procedure to be followed by the licensee or bond officer, as the case may be, to permit deposit of the goods into a warehouse. The regulations require that goods arriving at the warehouse from a customs station shall be affixed with a one-time-lock (bottle seal) with its serial number endorsed upon the bill of entry for warehousing and the transport document. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The OTL number along with the date / time of its affixation should be invariably endorsed on the bill of entry and the transport document. All customs stations are required to maintain records incorporating the number of the OTL, bill of entry, truck number, container number (if applicable), date & time of affixing the OTL and the name, designation & telephone number of the officer affixing the OTL. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">A similar procedure has been provided under the Warehoused Good (Removal)Regulations, 2016, which supersede the earlier Regulations of 1963, for removal of warehoused goods from one warehouse to another and from a warehouse to customs station for export. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Principal Commissioner of Customs /Commissioner of Customs may permit movement of goods without affixation of such OTLs, where the nature of goods or their manner of transport so warrant (e.g. Liquid Bulk Cargo transported through Pipe Lines and Over Dimensional Cargo). </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Board desires that the Commissionerates should immediately make arrangements for procuring serially numbered one-time-locks. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. <strong> <a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4NzI=" target="_blank">Circular No.18/2016-Customs., Dated: May 14, 2016</a></strong>: </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"style="background-color:#FFFF00" span="span">Bond required to be filed under section 59: </font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As per the amended section 59 of the Customs Act, an importer is to execute a triple duty bond at the customs station of import with respect to the goods to be cleared for deposit in a warehouse. The bond will remain valid till the warehoused goods are duly cleared for home consumption or for export from the warehouse and will also cover the movement of goods from the customs station of import to the warehouse or from one warehouse to another as well as for the due accounting of goods while stored in a warehouse. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The bonds to be executed have been finalized in consultation with the Ministry of Law & Justice and are published by the CBEC. </font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600"><a name="f2"></a>The Changeover - Sudden and Hardly Known </font></em></strong></font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> - <strong>THE</strong> bonds required to be obtained from importer under section 59 have been prescribed under circular no 18/2016 dated 14th May 2016. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- With the supersession of the Warehoused Goods (Removal) Regulations, 1963 the system of physical escorting of goods within the same town has been dispensed with for movement of goods from one warehouse to another. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- Escorting will also not be required for movement of goods from a warehouse to a customs station for export. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- These movements would be done by affixation of a one-time-lock. Instructions have been issued under Board's circular No.17/2016 dated 14th May 2016 regarding removal of goods from a customs station to a warehouse, which also require that the container or means of transport be affixed with a serially numbered one-time-lock (bottle seal). </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- The regulations on licensing of different types of warehouses contain transitional provisions to enable the warehouses to switch over to record based control in a smooth and orderly manner. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- The provisions require existing licensees to fulfil certain conditions within a period of three months upon which they can migrate to a system of record based controls and the customs lock can be removed. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- Section 58A has been enacted to provide for a new category of warehouses (special warehouses). These warehouses shall be entitled to store specific classes of goods, which have been notified under sub-section (2) of section 58A (Notification No.66/16 - Cus (NT) dated 14th May 2016). These warehouses shall be under the lock of customs. An existing licensee or any new applicant shall be required to apply for a license under Special Warehouse Licensing Regulations, 2016, if they propose to store or continue to store goods notified under notification 66 /16-Cus (NT)dated 14th May 2016 namely, goods stored for duty free shops/airline/ship/diplomatic stores. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- It is clarified that any regulatory agency can draw a sample while goods are warehoused. If the owner of goods require samples for marketing etc., the same are to becleared on payment of duty by filing an ex-bond bill of entry. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">- Under sub-section (2) of section 73A, the responsibilities of licensee have been provided in Warehouse (Custody & Handling of Goods) Regulations, 2016 and Special Warehouse (Custody &Handling of Goods) Regulations, 2016. The regulations also provide for computerization of records in respect of warehoused goods. This is supposed to be a key component based upon which liberalization in respect of warehousing procedures has been carried out. </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In order to familiarize officers and trade with the provisions of the new regulations, Board requests the Commissioners/Principal Commissioners/Chief Commissioners to plan interactive sessions. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Not many in the field are aware of these changes which have hit them on a Saturday. What prevented the Board from educating the trade and officers before suddenly dropping the new procedure and statute on them. Wasn't the Board not aware that the Finance Bill would be enacted by 14th May 2016. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4NzM=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC Commissioner (Customs) D.O.F.No. 484/03/2015-LC (Vol II)., Dated: May 14, 2016 </font></strong></a></p>
<p align="center"><font color="#006600" size="3" face="Georgia, Times New Roman, Times, serif"><em><strong> <a name="f3"></a>Finance Act - Consequent and other Changes </strong></em></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. SEEKS to replace the references to sub-clauses to clause 159 of the Finance Bill, 2016 with sub-sections to section 162 of the Finance Act, 2016 in the CENVAT Credit Rules - <strong><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4NzY=" target="_blank">Notification No. 27/2016 - Central Excise (N.T.)., Dated: May 14, 2016</a></strong>. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. Infrastructure Cess Notification No. 1/2016 2016-Infrastructure Cess, dated the 1st March, 2016 amended to replace the references to sub-clauses to clause 159 of the Finance Bill, 2016 with sub-sections to section 162 of the Finance Act, 2016.- <strong><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4NzQ=" target="_blank">Notification No. 2/2016 -Infrastructure Cess., Dated: May 14, 2016</a></strong>. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. ‘Clean Energy Cess' renamed as ‘Clean Environment Cess':<strong> <a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4NzU=" target="_blank">Notification No. 1/2016 - Clean Environment Cess., Dated: May 14, 2016</a></strong> </font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600"><a name="f4"></a>Video showing Customs Superintendent demanding bribe goes viral </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THERE</strong> is a video uploaded in You Tube showing a Customs Superintendent demanding a bribe of Rs. 4000/- (<strong><a href="https://www.youtube.com/watch?v=jZ3x8atZXCE" target="_blank">https://www.youtube.com/watch?v=jZ3x8atZXCE</a></strong><a href="https://www.youtube.com/watch?v=jZ3x8atZXCE">)</a>. It is heard that after the video went viral, the Customs Superintendent was suspended.</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Technology seems to be the only tool to curb corruption. </font></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600"><a name="f5"></a>Anti Dumping Duty on DVD -Re-imposed after Expiry </font></em></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THE</strong> notification No. 98/2010, dated 28.09.2010 which imposed anti dumping duty on "Recordable Digital Versatile Disc [DVD]" was to expire on 12th April 2015. This was extended till 11th April 2016 by Notification No.12/2015-Customs(ADD), dated the 11th April, 2015 and it really expired on 11th April 2016, but dumping continued. And so the government re-imposed the anti dumping duty with effect from 13.5.2016. While the action of the government in not going for an illegal retrospective amendment is laudable, who is responsible for the injury to the domestic industry and loss of revenue to the government? </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">By the way who is using DVD-R now; is the use substantial to warrant an anti dumping duty? </font></p>
<p><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4NzA=" target="_parent"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 17/2016-Customs (ADD)., Dated May 13, 2016</font></strong></a></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><em><font color="#006600"><a name="f6"></a>Decrease in Tariff Values of all items other than Brass Scrap, poppy seeds, gold and areca nuts </font></em></strong></font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>GOVERNMENT</strong> has decreased the tariff values of all the oils. For Brass scrap, the tariff value is increased, so is for gold, but silver sees a decline. There is no change for poppy seeds and areca nuts. </font></p>
<table width="90%" border="1" align="center" cellpadding="3" cellspacing="0">
<tr bgcolor="#D3E9BE">
<td colspan="5" valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Table 1 </font></strong></div></td>
</tr>
<tr bgcolor="#D3E9BE">
<td width="29" valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></strong></div></td>
<td width="120" valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></div></td>
<td width="227" valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods </font></strong></div></td>
<td width="118" valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tonne) as on 29.04.2016 </font></strong></div></td>
<td width="114" valign="top"><div align="center"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tonne) from 13.05.2016 </font></strong></div></td>
</tr>
<tr>
<td height="55" valign="top" bgcolor="#B9FCFF"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">(1) </font></strong></div></td>
<td valign="top" bgcolor="#B9FCFF"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">(2) </font></strong></div></td>
<td valign="top" bgcolor="#B9FCFF"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">(3) </font></strong></div></td>
<td valign="top" bgcolor="#B9FCFF"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">(5) </font></strong></div></td>
<td valign="top" bgcolor="#B9FCFF"><div align="center"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">(6) </font></strong></div></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palm Oil </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">755 </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">737 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 10 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">RBD Palm Oil </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">788 </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">741 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">3 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Others - Palm Oil </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">772 </font></td>
<td valign="top" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">739 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">4 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 10 00 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Palmolein </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">792 </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">751 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">5 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 20 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">RBDPalmolein</font></td>
<td valign="bottom" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">795 </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">754 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">6 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1511 90 90 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Others - Palmolein </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">794 </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">753 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">7 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1507 10 00 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude Soyabean Oil </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">805 </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">776 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">8 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">7404 00 22 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Brass Scrap (all grades) </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">2969 </font></td>
<td valign="top" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">2995 </font></strong></td>
</tr>
<tr>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">9 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1207 91 00 </font></td>
<td valign="top" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Poppy seeds </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">2533 </font></td>
<td valign="bottom" bgcolor="#B9FCFF"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">2533</font></strong></td>
</tr>
<tr>
<td colspan="5" valign="top"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Table 2 </font></strong></div></td>
</tr>
<tr bgcolor="#D3E9BE">
<td valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></strong></div></td>
<td valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></div></td>
<td valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods </font></strong></div></td>
<td valign="top" bgcolor="#D3E9BE"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD from 29.04.2016 </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 from 13.05.2016 </font></strong></div></td>
</tr>
<tr bgcolor="#D3E9BE">
<td valign="top" bgcolor="#D3E9BE"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td valign="top" bgcolor="#D3E9BE"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">71 or 98 </font></td>
<td valign="top" bgcolor="#D3E9BE"><font color="#0000FF" 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" bgcolor="#D3E9BE"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">408 per 10 grams </font></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">416 per 10 grams </font></strong></td>
</tr>
<tr bgcolor="#D3E9BE">
<td valign="top" bgcolor="#D3E9BE"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">2 </font></td>
<td valign="top" bgcolor="#D3E9BE"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">71 or 98 </font></td>
<td valign="top" bgcolor="#D3E9BE"><font color="#0000FF" 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" bgcolor="#D3E9BE"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">566 per kilogram </font></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">562 per kilogram </font></strong></td>
</tr>
<tr bgcolor="#D3E9BE">
<td colspan="5" valign="top" bgcolor="#D3E9BE"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Table 3 </font></td>
</tr>
<tr bgcolor="#FCB970">
<td valign="top" bgcolor="#FCB970"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">S. No. </font></strong></div></td>
<td valign="top" bgcolor="#FCB970"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter/ heading/ sub-heading/tariff item </font></strong></div></td>
<td valign="top" bgcolor="#FCB970"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Description of goods </font></strong></div></td>
<td valign="top" bgcolor="#FCB970"><div align="center"><strong><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tons) from 29.04.2016 </font></strong></div></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff value USD (Per Metric Tons) from 13.05.2016 </font></strong></td>
</tr>
<tr bgcolor="#FCB970">
<td valign="top" bgcolor="#FCB970"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">1 </font></td>
<td valign="top" bgcolor="#FCB970"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">080280 </font></td>
<td valign="top" bgcolor="#FCB970"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">Areca nuts </font></td>
<td valign="top" bgcolor="#FCB970"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">2617 </font></td>
<td valign="top"><strong><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">2617 </font></strong></td>
</tr>
</table>
<p><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MTk4Njk=" target="_blank"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Notification No. 65/2016-CUSTOMS (N.T.)., Dated: May 13, 2016 </font></strong></a></p>
<p><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until Tomorrow with more <strong>DDT</strong></font></p>
<p><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" target="_blank"><strong>vijaywrite@tiol.in </strong></a></font></p>
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