TIOL-DDT 2945 · the untouched capture
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<p align="justify"><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"><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></font></strong></font><font color="#663399" size="3">TIOL-DDT 2945</font><br>
06 10 2016<br>
Thursday</strong></font></p>
<p align="center"><font color="#006600" face="Georgia, Times New Roman, Times, serif"><strong><font size="3"><em>GST - Blind Men Describing an Elephant </em></font></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>GST</strong> is perhaps the most confusing tax in history to be unleashed with undue haste by an unprepared administration on an unsuspecting public. There are too many analysts incising every aspect of the new tax like the six blind men describing the elephant - only there are about six hundred doing the description. Unfortunately, the general media has developed a fascination for GST that all kinds of reports and comments are published daily leaving the common taxpayer and the tax collector totally confused. The Government seems to be selectively leaking vital information to some instead of issuing a Press Release. Yesterday a journal came out with what the GST administration is going to be and what is going to happen to CBEC once GST comes into force. This was claimed to be exclusive. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Already we have a Constitution Amendment, a Draft Act and several Draft Rules and Formats, with absolutely no idea about how many are on the way. Is a taxpayer expected to read and understand all these voluminous literature? Is he expected to spend his entire life in compliance of complicated procedures? Shouldn't he be allowed to do some business so that he can earn some money to pay for the babus who draft laws to make his life miserable. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is it ever possible to make laws simple and easy to comply with? </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><img src="http://www.taxindiaonline.com/RC2/image/stories/ddt_002945.jpg" alt="" width="400" height="241" hspace="5" border="0" align="center"></font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Blind Men and the Elephant - A Poem by John Godfrey Saxe </strong></font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">It was six men of Indostan <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">To learning much inclined, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Who went to see the Elephant <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(Though all of them were blind), <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">That each by observation <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Might satisfy his mind. </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The First approached the Elephant, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And happening to fall <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Against his broad and sturdy side, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">At once began to bawl: <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">"God bless me! but the Elephant <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is very like a wall!" </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Second, feeling of the tusk, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Cried, -"Ho! what have we here <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">So very round and smooth and sharp? <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">To me 'tis mighty clear <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This wonder of an Elephant <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is very like a spear!" </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Third approached the animal, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And happening to take <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The squirming trunk within his hands, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Thus boldly up and spake: <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">"I see," quoth he, "the Elephant <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is very like a snake!" </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Fourth reached out his eager hand, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And felt about the knee. <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">"What most this wondrous beast is like <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is mighty plain," quoth he, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">"'Tis clear enough the Elephant <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is very like a tree!" </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Fifth, who chanced to touch the ear, <br>
Said: "E'en the blindest man <br>
Can tell what this resembles most; <br>
Deny the fact who can, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This marvel of an Elephant<br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is very like a fan!" </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Sixth no sooner had begun <br>
About the beast to grope, <br>
Then, seizing on the swinging tail <br>
That fell within his scope, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">"I see," quoth he, "the Elephant <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is very like a rope!" </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And so these men of Indostan <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Disputed loud and long, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Each in his own opinion <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Exceeding stiff and strong, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Though each was partly in the right, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And all were in the wrong! </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">MORAL. </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">So oft in theologic wars, <br>
The disputants, I ween, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Rail on in utter ignorance <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Of what each other mean, <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And prate about an Elephant <br>
</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Not one of them has seen! </font></p>
<p align="center"><font size="3"><strong> <font color="#006600" face="Georgia, Times New Roman, Times, serif"><em><a name="f1"></a>Guidelines for determination of maximum packing speed of FFS pouch packing machine - CBEC Issues Draft Circular </em></font></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THIS</strong> concerns <em>Pan Masala Packing Machine (Capacity Determination and Collection of Duty) Rules, 2008 </em> and <em>Chewing Tobacco and Unmanufactured Tobacco Packing Machine (Capacity Determination and Collection of Duty) Rules, 2010 </em>. These rules were amended in the budget 2015-16 and the maximum packing speed at which a packing machine can be operated for packing of notified goods of various retail sale prices was made a factor relevant for determining deemed production. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Representations have been received from the Trade regarding lack of guidelines to verify the maximum speed of packing machines leading to disputes and litigation. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In this regard, CBEC has issued a draft circular. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">A study was conducted by DGCEI in collaboration with IIT, Delhi to examine the methodology for determination of maximum packing speed. The study has established that through the use of automation software consisting of PLC (Programme Logic Controller) and Human Machine Interface, the speed of the Rotary Servo Motors installed in the said machines could be synchronised which in turn would control and determine the maximum speed of the pouch making machines. Through the study, it has been concluded that theoretical maximum speed of the pouch packing machine can be determined based on the principle of kinematics, after taking an efficiency factor of 80%. The efficiency factor takes into consideration various other limiting factors, such as, various design parameters of the mechanical and electrical parts, the product to be manufactured, the volume/ size of the pouches and the type of packaging materials used etc. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Formula for determination of Maximum Packing Speed:Based on the above study, the following formula is proposed in the draft circular to derive the maximum speed of the pouch packing machine:</font></p>
<p align="justify"><table width="90%" border="0" align="center" cellpadding="3" cellspacing="0">
<tr>
<td rowspan="2"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Maximum Packing Speed = </font></td>
<td><u><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RPM of the rotary motor X No. of funnels X 0.80 </font></u></td>
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<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Overall Gear Box Ratio </font></td>
</tr>
</table>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board requests feedback on the draft circular from Officers of the Department and Members of the Trade by 20.10.2016 on the email id: <a href="mailto:rohan.choudhary@nic.in">rohan.choudhary@nic.in </a></font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MjA2Mjk=" target="_blank"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>CBEC F. No. 81/03/2016-CX.3.,Dated: October 05, 2016 </strong></font></a></p>
<p align="center"><strong><font color="#006600" size="3" face="Georgia, Times New Roman, Times, serif"><em><a name="f2"></a>Customs - Exemption to goods imported into India for display or use at an event </em></font></strong></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>NOTIFICATION</strong> No.157/1990-Customs, dated 28.03.2016 is amended. The portion shown in <strong><font color="#FF0000">red</font></strong> are omitted and the portion shown in<strong> <font color="#0000FF">blue</font></strong> are added. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods described in Schedule I annexed hereto, when imported into India for display or use at any event specified in Schedule II or <font color="#FF0000">Schedule III</font>, from the <strong> whole of the duty of customs </strong>leviable thereon which is specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and from the <strong> whole of the additional duty </strong>leviable thereon under section 3 of the said Customs Tariff Act, subject to the conditions that :- </font></p>
<blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">(1) the event specified in Schedule II is being held in public interest and is sponsored or approved by the Government of India or the India Trade Promotion Organisation; </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(2) the said goods are imported under an ATA Camet issued in accordance with the Customs Convention on ATA Camet for temporary admission of goods (hereinafter referred to as the ATA Camet) and the Camet is guaranteed by the Federation of Indian Chamber of Commerce & Industry, which has been appointed as the guaranteeing association for ATA Camet in India (hereinafter referred to as the Federation); </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(3) the said goods in all respects conform to the description, quantity, quality, value and other specifications given in the ATA Camet duly certified by the Customs authorities at the country of exportation; </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(4) the said goods shall be exported within a period of six months from the date of importation: </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Provided that where the goods are exported within the said period of six months and again re-imported, the period of six months shall be computed from the date of first importation; </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Provided further that when the Deputy Commissioner of Customs or Assistant Commissioner of customs is satisfied that it is necessary in the public interest so to do, it may extend the said period of six months by a further period not exceeding six months; </font></p>
</blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">(5) in the event of failure to export the goods within the period specified in condition (4), the customs duty leviable on the goods as on the date of clearance shall be paid by the Federation: </font></p>
<blockquote>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Provided that the Federation shall not be liable to pay the customs duty in cases where the said goods are sold in exhibitions or fairs or otherwise disposed of in India in accordance with any law for the time being in force applicable to such goods and on payment of the duties of customs which are payable in respect of such goods. </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><em><font color="#0000FF">"1A. In the event of failure to export the goods within the period specified in condition (4) of paragraph 1, the Federation and the importer shall, jointly and severally be liable to pay the duties of customs leviable on the goods as on the date of import, along with applicable interest: </font></em></font></p>
<p align="justify"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif"><em>Provided that the liability of the Federation shall not exceed the amount of the duties of customs by more than ten per cent: </em></font></p>
<p align="justify"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif"><em>Provided further that the Federation shall not be liable to pay the customs duty in cases where the said goods are sold in exhibitions or fairs or otherwise disposed of in India in accordance with any law for the time being in force applicable to such goods and on payment of the duties of customs which are payable as on the date of import in respect of such goods, along with applicable interest." </em></font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. Nothing contained in this notification shall apply to goods imported through the medium of post. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. This notification shall come into force on the 1st day of May 1990. </font></p>
<p align="center"><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>SCHEDULE I </strong></font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(a) Goods intended for display or demonstration. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(b) Goods intended for use in connection with the display of foreign products, including - </font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i) goods necessary for the purpose of demonstrating machinery or apparatus to be displayed: </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii) construction and decoration material including electrical fittings, for the temporary stands of foreign exhibitors: </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii) advertising and demonstration material which is demonstrably publicity material for the goods displayed, for example, sound recording, films and lanterns, slides and apparatus for use therewith: </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iv) equipment including interpretation, apparatus, sound recording apparatus and films of an educational, scientific or cultural character intended for use at international meetings conferences or congresses. </font></p>
</blockquote>
</blockquote>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600">SCHEDULE II <br>
</font></strong></font><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>EVENTS </strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. Trade, industrial, agricultural or crafts exhibition, fair, or similar show or display. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. Exhibition or meeting which is primarily organised for a charitable purpose. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. Exhibition or meeting which is primarily organised to promote any branch of learning, art, craft, sport or scientific, educational or cultural activity to promote friendship between peoples, or to promote religious knowledge or worship. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. Meeting of representatives of any international group of organisations. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. Representative meeting of an official <s><font color="#FF0000">of</font></s> <font color="#0000FF">or</font> commemorative character. </font></p>
<p align="justify"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">6. Display or demonstration before any Department of the Central Government or a State Government or a Union territory Administration. </font></p>
<p align="justify"><font color="#0000FF" size="2" face="Verdana, Arial, Helvetica, sans-serif">7. Meeting, conference or congress, by whatever name called, organised by any company or organisation. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><em>Explanation:- </em> The events specified in this Schedule do not include exhibitions organised for private purposes in shops or business premises with a view to promote the sale of foreign goods. </font></p>
<p align="center"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#FF0000">SCHEDULE-III <br>
</font></strong></font><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>(EVENTS) </strong></font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Display or demonstration before any department of Central Government or a State Government or a Union Territory Administration. </font></p>
<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Meeting, conference or congress organized by any company or organization. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The crucial amendment is that whereas earlier the liability was cast solely on the Federation, now there is a joint liability of Federation and importer for failure to export the imported goods and the Federation liability shall now not exceed the amount of the duties of customs by more than ten per cent. </font></p>
<p align="justify"><a href="http://www.taxindiaonline.com/RC2/notDesc.php?MpoQSrPnM=MjA2Mjg=" target="_blank"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Notification No.58/2016-Customs, Dated: October 05, 2016 </strong></font></a></p>
<p align="center"><font size="3" face="Georgia, Times New Roman, Times, serif"><strong><font color="#006600"><em><a name="f3"></a>Mumbai Call Centres Cheat US Taxpayers Posing as IRS Officers </em></font></strong></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>THREE</strong> offices in Thane, Mumbai were packed with hundreds of employees posing as Internal Revenue Service officials in a scam that has vexed Americans for years. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The <em>Wall Street Journal </em>reported today that Police arrested 70 persons alleging they helped manage nine call-centers where around 700 people made thousands of calls a day to try to trick Americans into sending them money. The call center workers had one job: dial people in the U.S, accuse them of failing to pay their taxes and threaten them with jail if they didn't pay up immediately. And obviously many did. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Even in India, mails have been sent with taxindiaonline id to dupe innocent citizens. Please see <a href="http://www.taxindiaonline.com/RC2/freehtml/olinks/fake_emails.htm">Fake </a></font></p>
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<p align="justify"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">With GST, we intend to bring in uniformity in taxes. The message is clear that the ‘consumer is the king'. If we utilize man, machine, material, money and minute (time), we will not need any other policy for economic advancement. </font></p>
<p align="right"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Prime Minister Modi </font></p>
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<p align="left"><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif">Today's Date is unique 6102016 - reads the same backwards. </font></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"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Have a nice day. </strong></font></p>
<p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Mail your comments to</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> <a href="mailto:vijaywrite@tiol.in"><strong>vijaywrite@tiol.in </strong></a></font></p>
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