TIOL-DDT 364 · the untouched capture
Rendered as it looked. Links and images are disabled in this view; the file itself is untouched.
<html>
<head>
<meta http-equiv=Content-Type content="text/html; charset=windows-1252">
<link rel=Edit-Time-Data href="Taxindiaonline's%20DDT%20364_files/editdata.mso">
<title>Taxindiaonline's DDT 363</title>
</head>
<body>
<p > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">TIOL-DDT
364</font><br>
17 05 2006<br>
Wednesday </strong></font></p>
<p align="center" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">Tariff
Values hiked</font></b></font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">There is a hike
in tariff values for all products with a steep hike for brass scrap. The old
and new tariff values are given below.</font></p>
<div align=center>
<table border=1 cellspacing=0 cellpadding=3 width=450>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">S.No.</font></strong></p></td>
<td width=108 class="Normal"> <p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Chapter
heading or sub-heading</font></strong></p></td>
<td width=246 class="Normal"> <p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Description
of goods</font></strong></p></td>
<td width=73 class="Normal"> <p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Tariff
value<br>
US$<br>
(Per Metric Tonne)</font></strong></p></td>
<td class="Normal"> <p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">New
tariff values</font></strong></p></td>
</tr>
<tr align="center" valign="top">
<td width=50 class="Normal">
<p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(1)</font></strong></p></td>
<td width=108 class="Normal">
<p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(2)</font></strong></p></td>
<td width=246 class="Normal">
<p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(3)</font></strong></p></td>
<td width=73 class="Normal">
<p ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(4)</font></strong></p></td>
<td class="Normal">
<p align=center ><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(5)</font></strong></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1</font></p></td>
<td width=108 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511
10 00</font></p></td>
<td width=246 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude
Palm Oil</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">427
</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">433
</font></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p class=MsoFooter ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2</font></p></td>
<td width=108 class="Normal"> <p class=MsoFooter ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511
90 10</font></p></td>
<td width=246 class="Normal"> <p class=MsoFooter ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBD
Palm Oil</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">442
</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">448
</font></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p class=MsoFooter ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3</font></p></td>
<td width=108 class="Normal"> <p class=MsoFooter ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511
90 90</font></p></td>
<td width=246 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others
– Palm Oil</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">435
</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">441
</font></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4</font></p></td>
<td width=108 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511
10 00</font></p></td>
<td width=246 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude
Palmolein</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">449
</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">455
</font></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5</font></p></td>
<td width=108 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511
90 20</font></p></td>
<td width=246 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">RBD
Palmolein</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">452
</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">458
</font></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6</font></p></td>
<td width=108 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1511
90 90</font></p></td>
<td width=246 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Others
– Palmolein</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">451
</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">457
</font></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7</font></p></td>
<td width=108 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1507
10 00</font></p></td>
<td width=246 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Crude
Soyabean Oil</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">518</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">540
</font></p></td>
</tr>
<tr>
<td width=50 align="center" valign="top" class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">8</font></p></td>
<td width=108 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">7404
00 22</font></p></td>
<td width=246 class="Normal"> <p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Brass
Scrap (all grades)</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2337
</font></p></td>
<td valign=top class="Normal"> <p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2617
</font></p></td>
</tr>
</table>
</div>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=24&filename=notification/custom/2006/cnt06_051.htm">NOTIFICATION
NO. 51 /2006-Cus. (N.T.), Dated: May 16, 2006 </a></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">Reasonable
and transparent service charges – Fair practices code - RBI instructs banks</font></b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The
Reserve Bank receives representations from the public about the unreasonable
and non-transparent service charges being levied by banks indicating that the
existing institutional mechanism in this regard is not adequate. So RBI has
directed the banks to display and update, on their website, the details of various
service charges. Certain charges are to be displayed in the branches in the
local language also.</font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=49&filename=notification/rbi/2005/rbiinstruct01.htm">RBI/
2005-06/386 - RPCD.BOS./81 /13.33.01/2005-06 Dated: May 16, 2006 </a></u></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">A
Strange Legal Case</font></b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">
On 23 March 1994, the medical examiner viewed the body of Ronald Opus and concluded
that he died from a shotgun wound of the head. The decedent had jumped from
the top of a ten-story building intending to commit suicide (he left a note
indicating his despondency). As he fell past the ninth floor, his life was interrupted
by a shotgun blast through a window, which killed him instantly. Neither the
shooter nor the decedent was aware that a safety net had been erected at the
eighth floor level to protect some window washers and that Opus would not have
been able to complete his suicide anyway because of this.<br>
<br>
<b><font color="#006600">Ordinarily a person who sets out to commit suicide ultimately succeeds, even
though the mechanism might not be what he intended.</font><br>
</b><br>
That Opus was shot on the way to certain death nine stories below probably would
not have changed his mode of death from suicide to homicide. But the fact that
his suicidal intent would not have been successful caused the medical examiner
to feel that he had homicide on his hands.<br>
<br>
The room on the ninth floor whence the shotgun blast emanated was occupied by
an elderly man and his wife. They were arguing and he was threatening her with
the shotgun. He was so upset that, when he pulled the trigger, he completely
missed his wife and the pellets went through the window striking Opus.<br>
<br>
When one intends to kill subject A but kills subject B in the attempt, one is
guilty of the murder of subject B. When confronted with this charge, the old
man and his wife were both adamant that neither knew that the shotgun was loaded.
The old man said it was his long-standing habit to threaten his wife with the
unloaded shotgun. He had no intention to murder her - therefore, the killing
of Opus appeared to be an accident. That is, the gun had been accidentally loaded.<br>
<br>
The continuing investigation turned up a witness who saw the old couple's son
loading the shotgun approximately six weeks prior to the fatal incident. It
transpired that the old lady had cut off her son's financial support and the
son, knowing the propensity of his father to use the shotgun threateningly,
loaded the gun with the expectation that his father would shoot his mother.<br>
<br>
The case now becomes one of murder on the part of the son for the death of Ronald
Opus.<br>
There is now an exquisite twist.<br>
Further investigation revealed that the son [Ronald Opus] had become increasingly
despondent over the failure of his attempt to engineer his mother's murder.
This led him to jump off the ten-story building on March 23, only to be killed
by a shotgun blast through a ninth story window. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The
medical examiner closed the case as a suicide.</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>
<table width="375" border="1" align="center" cellpadding="0" cellspacing="0">
<tr>
<td><TABLE cellSpacing=0 cellPadding=3 width=375 border=0>
<TBODY>
<TR>
<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><p><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#0000FF">mens</font></b><font color="#0000FF"><b>
legis </b></font><b>- </b>the intention of the law, as evinced
in the statute.<i>It is actually <b>Mens legislatoris</b></i></font></p></TD>
</TR>
</TBODY>
</TABLE></td>
</tr>
</table>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">
This is from where all interpretations started. As observed by the Special Bench
of the ITAT in the case we are carrying today – “Words are used in the statute
as a medium of expression. A particular thought is communicated through the
words. Language is often misunderstood even in the ordinary conversation. The
person who has spoken the words can be approached for clarification. Legislature
cannot be approached. It becomes functus officio after the enactment of the
Act. Therefore, for construing the correct meaning of a statute, it may be necessary
to determine how its meaning was understood when it was originally enacted.”</font></p>
<div>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">Legal
Maxims</font></b></font></p>
</div>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">contemporanea
exposition est optima et fortissimo in lege.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> It
means a contemporaneous exposition is the best and most powerful in law. Maxwell
refers to this maxim by saying that the best exposition of a statute or any
other document is that which it has received from contemporary authority. The
language of statute must be understood in the sense in which it was understood
when it was enacted. Those who lived at or near the time of its enactment may
reasonably be supposed to be better acquainted than their descendants, with
the circumstances, to which it had relation, as well as with the sense than
attached to legislative expressions. </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>
</body>
</html>