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<p><b><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT
360</font></b><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><br>
11 05 2006<br>
Thursday</b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Export
of Beneficated chrome ore fines - restricted</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The DGFT has amended the ITC classification
for exports to make the export of “Beneficated chrome ore fines /concentrates
(maximum feed grade to be less than 42% Cr 2 O 3 )” restricted. The export is
to be only through State Trading Enterprises; in this case through MMTC only.
Earlier the export was <b>free</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=30&filename=notification/excise/2006/etariff06_005.htm">NOTIFICATION
NO. 5 (RE-06)/2004-2009, Dated: May 9, 2006</a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Company Secretaries exam – computer training
mandatory</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Regulation 40 of the Company Secretaries Regulations,
1982 is amended to add that No candidate shall be admitted to the Intermediate
examination unless he has successfully completed computer training programme
as may be specified from time to time by the Council and in the manner so specified
or exempted therefrom. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This amendment was brought to the notice of
the public asking for objections in September 2005 and no objections were received.</font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=misc/CS_rules_2006.htm">NOTIFICATION
NO. 710/1(M)/1, Dated : May 3, 2006 </a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Online transmission of Shipping Bills to DGFT
</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">On the request of the trade, the Directorate
of Systems has got developed a module which facilitates the enquiry about the
file name and the date on which a Shipping Bill was sent to DGFT. It further
displays the DGFT acknowledgment status also. This module has been provided
in the service center for easy access and convenience of trade. The trade is
informed that they may avail the services to ascertain the position of EDI Shipping
Bills data not transmitted to DGFT. <br>
<br>
<u><a href="http://www.taxindiaonline.com/RC2/inside2.php3?filename=wnew/tradenotice.htm">CUSTOMS
PUBLIC NOTICE 10/2006, Dated: May 4, 2006</a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>DAP manufacturers who can freely export their
own manufactures</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Export Licensing Note 1 in Chapter 31 of Schedule
2 (Exports) of the ITC(HS) Classifications of Export and Import Items, 2004-09,
specifies the list of manufacturers who can export their own products freely.
Now the names of the following companies are deleted from the list:-</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 1. Rashtriya Chemical and Fertilisers Ltd.
</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 2. EID Parry India Ltd. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 3. Coromandal Fertilizers Ltd.(CFI) </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 4. Deepak Fertilizers and Petrochemicals Corporation
Ltd., <st1:City w:st="on"><st1:place w:st="on">New Delhi 110017 </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 5. Gujarat Narmada Valley Fertiliser Company
Ltd., Bharuch</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Further some names are changed as follows-</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 1. M/s.Indogulf Corporation Ltd changed to
M/s.Hindalco Industries Limited</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 2. M/s.Hind Lever Chemical Limited changed
to M/s.Tata Chemicals Limited (Phosphate Business Division)</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The following companies are added to the list
of NKP manufacturers.. </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=45&filename=notification/dgft/2006/dgft06not006.htm">DGFT
NOTIFICATION NO. 6(RE-2006)/2004-2009, Dated: May 9, 2006 </a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Import of 30 lakh MTs Wheat at Zero Duty</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Based on the Customs Ad-hoc Exemption Order
No.18/2006-Customs dated 9.5.2006, the DGFT has notified that </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> (i) Import of 30 lakh MTs of wheat under Chapter
10 of the ITC (HS) Classification of Export and Import Items, 2004-09 will be
allowed at Zero Duty. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> (ii) The imports will be made by 30 th November
2006. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> (iii) The imports will be allowed only through
the State Trading Corporation (STC) subject to para 2.11 of the Foreign Trade
Policy. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> (iv) The import will be allowed intoIndia
only through the following ports, namely, Nhava Sheva, Kandla, Kolkatta, Chennai
and Vishakhapatanam</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=47&filename=notification/dgft/2006/dgft06pn007.htm">PUBLIC
NOTICE NO. 7(RE-2006)/2004-09, Dated: May 9, 2006 </a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>List
of items covered under Gram Udyog Products</b></font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The DGFT has notified the following products as included in
the Gram Udyog Products for benefits under Vishesh Krishi and Gram Udyog Yojana
with effect from 1.4.2006.</font></p>
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<table width=450 border=0 align="center" cellpadding=3 cellspacing=0>
<tr>
<td width=718 valign=top > </td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">BAMBOOS </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">SEATS OF CANE,OSIER, BAMBOO/SIMILAR MATERIALS
</font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">FURNITURE OF OTHER MATERIALS,INCLUDING
CANE, OSIER, BAMBOO /SIMILAR MATERIALS </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">OTHER VEGETABLE MATERIALS EXCLUDING BAMBOO
AND RATIAN </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">TABLEWARE KTCHNWARE ETC OF PORCELAIN/CHINA
</font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CERAMIC TABLEWARE KITCHENWARE OTHER HOUSEHOLD
ARTICLES ETC OTHER THAN OF PORCELAIN OR CHINA </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">STATUETTES & OTHER ORNAMENTAL CERAMIC
ARTICLES </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">OTHER CERAMIC ARTICLES </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">HANDMADE PAPER AND PAPER BOARDS </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">"AGARBATTI" & OTHER ODORIFEROUS
PREPARATIONS WHICH OPERATE BY BURNING </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">OTHER ODORIFEROUS PREPARATIONS USED FOR
DEODORIZING ROOM (EXCLUDING AGARBATTI) </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">PALM FIBRE FOR BRUSHES </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><st1:City w:st="on"><st1:place w:st="on">PALMYRA
JAGGERY </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">PALM LEAF BASKET ETC. </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">PALM LEAF ITEMS OTHER THEN BASKETS </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">KHADI </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">VILLAGE OIL </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">VILLAGE ENGG. SECTOR, BLACKSMITH &
CARPENTRY PRODUCTS </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">MEDICAMENTS CONTAINING PENICILLINS/THEIR
DERAVATIVES WITH A PENICILLANIC ACID STRUCTURE,STREPTOMYCINS /THEIR
DERIVATIVES </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">OTHER MEDICINE PUT UP FOR RETAIL <st1:City w:st="on"><st1:place w:st="on">SALE
</font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">MEDICAMENTS OF AYURVEDIC SYSTEM </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">MEDICAMENTS OF UNANI SYSTEM </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">MEDICAMENTS OF SIDDHA SYSTEM </font></p></td>
</tr>
<tr>
<td width=718 > <p><font size="2" face="Verdana, Arial, Helvetica, sans-serif">HOMEOPATHIC MEDICINE </font></p></td>
</tr>
</table>
</div>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=47&filename=notification/dgft/2006/dgft06pn008.htm">PUBLIC
NOTICE NO. 8 (RE-2006) /2004-2009, Dated: May 10, 2006 </a></u></font></p>
<P align=center><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><B><IMG height=62 src="http://www.taxindiaonline.com/RC2/image/ddt/gnl_txt2.jpg" width=375></B></font></P>
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<TD width="67"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><IMG height=67 src="http://www.taxindiaonline.com/RC2/image/ddt/gnl_word.jpg" width=67 align=absMiddle></font></TD>
<TD><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#0000FF">estoppel</font></b>-
a bar to alleging or denying a fact because of one's own previous
contrary actions or words </font></TD>
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<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">estoppel is a
bar which precludes a person from denying or asserting anything to the contrary
of that which has, in contemplation of law, been established as the truth, either
by the acts of judicial or legislative officers, or by his own deed, acts, or
representations, either express or implied.</font></p>
<ul type=disc>
<li ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Estoppel by record</b> - <i>res judicata</i> where the
orders or judgments made in previous legal proceedings prevent the parties
from relitigating the same issues or causes of action, <br>
</font></li>
<li ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Estoppel by deed</b> Where rules of evidence prevent
a litigant from denying the truth of what was said or done.<br>
</font></li>
<li ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Reliance-based estoppels</b> - promissory estoppel, and
proprietary estoppel.</font></li>
</ul>
<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>Promissory estoppel - </b>prevents one party
from withdrawing a promise made to a second party if the latter has relied on
that promise and acted upon it.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The doctrine of <i>promissory estoppel</i>
was first developed in <i>Hughes v. Metropolitan Railway Co</i> [1877] but was
lost for some time until it was resurrected by Lord Denning in the controversial
case of <i>Central London Property Trust Ltd v. High Trees House Ltd</i> [1947]
- In this case, the plaintiffs leased a block of flats to the defendants at
an annual rent of £2500 - but, because the defendants were unable to find enough
tenants while London was being bombed during World war II, they agreed to accept
a reduction in rent to £1250. There was no consideration for this promise to
accept a lower rent. At the end of the war the flats were again fully let, and
the plaintiffs claimed the full rent for the remainder of the contract beginning
the final half of that year, 1945. Denning J held that, in good conscience,
they were entitled to the full rent from the end of the war, but noted that
they were estopped from going back on their promise had they claimed rents from
the wartime period as well.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Estoppel is "a shield not a sword</b>"
— it cannot be used as the basis of an action on its own. It also does not extinguish
rights. In <i>High Trees</i> the plaintiff company was able to restore payment
of full rent from early 1945, and could have restored the full rent at any time
after the initial promise was made provided a suitable period of notice had
been given. In this case, the estoppel was applied to a 'negative promise',
that is, one where a party promises not to enforce full rights.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">It is true that the doctrine of promissory
estoppel is applicable against the Government in the exercise of its governmental,
public or executive functions and the doctrine of executive necessity or freedom
of future executive action cannot be invoked to defeat the applicability of
the doctrine of promissory estoppel. – Supreme Court of India</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Promissory estoppel not applicable against
legislature exercising legislative functions – Supreme Court of India</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Doctrine of Promissory Estoppel has no application
whatsoever in respect of the statutory exercise of powers.</font></p>
<p align="justify" ><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Until
Tomorrow with more DDT </font></p>
<p align="justify"><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">Have
a nice day. </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">
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