TIOL-DDT 358 · the untouched capture
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<p><b><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT
358</font></b><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><br>
09 05 2006<br>
</b></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Tuesday</b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Ports for
export promotion schemes </b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">For
reasons best known to the Government, exports and imports under most of the
export promotion schemes are allowed only through certain ports which are listed
in the notifications and almost all the ports and ICDs are included in the list.
Whenever a new port/ICD is to be added to the list, all these notifications
are to be amended. The latest additions are Dharamtarand Vadinar, Mandideep
(District Raisen), Durgapur (Export Promotion Industrial Park) and Babarpur,
Attari Road. And 11 notifications are amended to give effect to this. </font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=23&filename=notification/custom/2006/ctariff06_041.htm">Notification
No. 41/2006-Cus, Dated 5 May 2006</a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>It’s Toe,
not top</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As
per Sl. No 167 A in Notification No. 21/2002 - (o) <b>Top</b> caps and <b>Toe</b>
puffs and counters or Thermoplastic sheets imported for leather industry are
exempted. Bow this is amended. The amendment reads, <i>“for the words, “Top”
at both the places, the word “Toe” shall be substituted”</i> But the word, ‘top’
is not at both the places. It is only at one place; the second word is rightly
<b>toe. </b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Some
more items are added to the list of goods that can be imported duty free for
processing of sea food.</font></p>
<p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=23&filename=notification/custom/2006/ctariff06_042.htm">Notification
No. 42/2006-Cus, Dated 5 May 2006</a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Foreign
Trade Policy – some more Customs notifications amended – No imported vehicles
for hotels after the star scam</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">To
give effect to the FTP, several Customs notifications are being amended. Licence
is changed to authorisation and Licencing Authority is changed to Regional Authority.
This apart certain other measures promised in the policy have been brought into
Customs notifications. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">
<strong>1.</strong> <b>91/2004-Customs, dated, the 10th September, 2004</b>.
<b>– Advance Licence for deemed exports: - </b>Final goods to include, “supply
and installation of goods and equipment (single responsibility of turnkey contracts)
to projects financed by multilateral or bilateral agencies or funds as notified
by the Government of India in the Ministry of Finance (Department of Economic
Affairs) under international competitive bidding in accordance with the procedures
of those agencies or funds, where the bids have been invited and evaluated on
the basis of Delivered Duty Paid (DDP) prices for the goods manufactured abroad.”</font></p>
<p align="justify" > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>2.
</b> <b>92/2004-Customs, dated, the 10th September, 2004 - Served from India
Scheme – </b>Exemption is to goods “related to its main line of business”, which
will now be “related to its service sector business”; a new condition is added
“ Exemption under this notification shall not be available to vehicles under
said certificate even if such vehicle is freely importable under the Foreign
Trade Policy”; The imported vehicles the last around had found their way into
the garages of Bollywood stars.</font></p>
<p align="justify" > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>3.
</b> <b>93/2004-Customs, dated, the 10th September – Advance Licence – “</b>Advance
Intermediate Licence holder shall discharge export obligation by supplying the
resultant products to <b>ultimate exporter” </b>It is now only exporter and
not ultimate exporter.</font></p>
<p align="justify" > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>4.
</b> <b>94/2004- Customs, dated, the 10th September, 2004 - Advance licence
for annual requirement with actual user condition issued to Star Export Houses
– </b>Condition No. 3 is changed to that where the import takes place after
fulfillment of export obligation, the shipping bill number and date and quantity
and free on board (FOB) value of the resultant product are endorsed on the said
authorisation and the schedule is omitted. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">
<strong>5.</strong> <b>97/2004-Customs, dated, the 17th September, 2004 - Export
Promotion Capital Goods Scheme (EPCG) – </b>A new proviso is added for extension
of export obligation - Provided further that the Regional Authority may grant
further extension in the overall period of export obligation upto a period of
further two years if the authorisation holder pays fifty per cent differential
duty on the unfulfilled portion of the export obligation and agrees to fulfill
other conditions as may be specified by the Regional Authority for this purpose”
</font></p>
<p align="justify" > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>6.
</b> <b>41/2005-Customs, dated, the 9th May, 2005 - Vishesh Krishi Upaj Yojana
renamed as Vishesh Krishi and Gram Udyog Yojana (Special Agriculture and Village
Industry Scheme - </b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=23&filename=notification/custom/2006/ctariff06_043.htm">Notification
No. 43/2006-Cus, Dated 5 May 2006</a></u></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">IRS
probationer tops civil services exam</font></b></font></p>
<p align="justify" > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><img
src="http://www.taxindiaonline.com/RC2/image/stories/mona_pruthi.jpg" width=105 height=106
hspace=12 border="1" align=left v:shapes="_x0000_s1028"> It was celebration time
at the National Academy of Customs, Excise and Narcotics with beaming boss Vijay
Singh very happy that one of his probationers has made it into the IAS – with
top rank. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Mona
Pruthi, an Indian Revenue Service (Customs and Central Excise) officer has topped
the Civil Services Examination this year. Mona is currently a probationer in
NACEN. </font></p>
<p > </p>
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<TD><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#0000FF">Inter
se</font></b> - Between or among themselves</font></TD>
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<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><i>Inter
se</i> relationship between manufacturer and the dealer to be decided on the
basis of evidence even though the expression `commission’ inferable that relationship
was not of principal to principal basis – Supreme Court </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Every
communication which preceded from one officer of the State to another or the
officers <i>inter se</i> does not necessarily <i>per se </i>relate, to the affairs
of the State – Supreme Court of India in RK Jain v UOI</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The
question in regard to the inter se relationship between the appellant and M/s.
Janta Soft Drinks had to be determined after taking into consideration the evidence
on record and in particular what the invoices reflected. - <u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=32&filename=legal/sc/2002/2002-TIOL-157-SC-CX.htm"><font size="1">2002-TIOL-157-SC-CX
</font> </a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Legal Maxims</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>De
minimis – A short form for the maxim <i>de minimis non curat lex,</i> "the
law cares not for small things." A doctrine by which a court refuses to
consider trifling matters. The law takes no account of trifles.</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The
<b><i>de minimis</i></b> rule as far as the price is concerned is when the dumping
margin or the difference between the export price of the article and its normal
value, is less than 2%. In other words the exporter is selling the goods in
at almost the same price that it does in its country. As far as quantity is
concerned, if the export accounts for less than 3% of the total imports of the
like article into India, it is treated as too trivial for the law and is ignored.
- Supreme Court of India in <a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=50&filename=legal/sc/2005/2005-TIOL-31-SC-AD-LB.htm"><font size="1">2005-TIOL-31-SC-AD-LB.
</font></a></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>A limerick:</b></font></p>
<p align=center ><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">There was
a law student called Rex,<br>
With diminutive organs of sex,<br>
When charged with exposure,<br>
He replied with composure,<br>
<i>"de minimis non curat lex".</i></font></p>
<p ><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until
Tomorrow with more DDT </font></p>
<p><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have
a nice day. </font></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@taxindiaonline.com">vijaywrite@taxindiaonline.com</a></font></p>
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