TIOL-DDT 388 · the untouched capture
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<html> <head> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <title>Taxindiaonline's DDT 388</title> </head> <body> <p align="justify" > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#663399" size="3">TIOL-DDT 388</font><br> 20 06 2006<br> Tuesday</b></font></p> <p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>It’s UV resin 1 & 2 , not UV resin 142 – ‘cut and paste’ is better than typing</b></font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">UV resin also known as Ultra Violet Curable resin mostly used as a fast binding medium, traditionally used to bind glass, rocks etc,. The advantage of the product is that it cures within seconds. In the modern times it has a predominant use in optical fibre. UV-curable resins are used as the coating material for optical fibres, and their physical properties change with the degree of curing, thereby influencing the transmission characteristics of the fibre.</font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Optical fibres are crucial in the field of telecommunications, offering the advantages of low loss broad bandwidth, fine diameter, light weight, freedom from electromagnetic induction, freedom from crosstalk, and efficiency in resource consumption in comparison to the copper conductors used in conventional telecommunications cables. However, they are at a disadvantage in terms of their low mechanical strength, which makes them brittle. From the processes of fibre drawing, coating and cabling to the laying of the cables, they are subjected to tensile force, and subsequently, under a variety of environments, they must have superior static and dynamic fatigue characteristics. For this reason optical fibres, immediately after drawing, are covered by a coating of resin to improve their mechanical strength.</font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">What has all this got to do with <b>DDT</b>? For once this is not going to be irrelevant; irreverent? May be, YES.</font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">A customs officer’s job may it be at the field or the Board is certainly not an easy one.</font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">UV resins used for the manufacture of telecommunication grade optical fibres or optical fibre cables attract a concessional rate of customs duty. This exemption was given as long ago as in 1989 when UV Resin-1/UV Resin-2 was given a concessional rate of 50%. This exemption continued till the latest Notification No. 21/2002. But the much amended notification caused a little havoc. When it was amended by Notification No. 66/2004 dated 9.7.2004, the <b>UV Resin-1/UV Resin-2</b> became <b>UV resin-142. </b>Probably some bright officer did not allow the import of <b>UV Resin-1 </b>as the exemption was for <b>UV resin-142, </b>a product unknown in the market. And may be, metres and metres of optical fibre cried for want of a UV coating which was comfortably lying in some port for customs clearance.</font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Government has realized the mistake and corrected it. Now it is to be read as <b>UV resin 1 & 2. </b></font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This time around, the Board typist did not go for a cut and paste operation and instead typed it out and that obviously caused the mistake. It is really difficult, especially when there is nobody to check and re check, these things do happen. Instead of having so many commissioners and Chief Commissioners, Board should seriously consider having some more typists and data entry operators. Each under secretary in the Board should be given at least one stenographer and two typists and two research assistants – after all they make the laws. (the under secretaries, not the stenographers, of course)</font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The commendable feature is that even such small mistakes are spotted and corrected, without retrospectively ratifying the mistake. This is a great step in the right direction.</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_060.htm">NOTIFICATION NO. 60/2006-Cus, Dated : June 15, 2006</a></u></font></p> <p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Anti dumping duty on Metronidazole – re imposed</b></font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Anti dumping duty on Metronidazole originating in, or exported from, the Peoples' Republic of China was imposed by Notification No. 115/2000-Customs, dated the 31st August 2000. This would have expired on 30<sup>th</sup> August 2005. On the recommendations of the Designated Authority, after a sun set review, the duty was extended till 15-04-2006. So obviously the duty expired on 15.4.2006 but now the DA has recommended further extension of the duty. So the duty is again imposed with effect from 15<sup>th</sup> June 2006. Now what happens during the period from 15.4.2006 to 14.6.2006? </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_061.htm">NOTIFICATION NO. 61/2006-Cus, Dated : June 15, 2006</a></u></font></p> <p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Cess on cashew – tariff value notified</b></font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Under the Produce Cess Act, tariff values have been notified for cashew at one thousand six hundred rupees per quintal. Tariff values have been notified for various products under the Agriculture Produce Cess Act also.</font></p> <p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Land Customs Port Authority ofIndia</b></font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Union Minister of State for Commerce Jairam Ramesh announced in the border customs station of petrapole that a Land Customs Port Authority of India is being set up at a cost of Rs. 800 crore to run and manage border trading centres. Thirteen border trading centres will be developed around the country, eight of which will be on the Indo-Bangladesh border. A new Land Custom Station will be coming up at Petrapole at a cost of Rs. 80 crore,</font></p> <p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Wanted – Additional Advocate General</b></font></p> <p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The CBI is looking for a missing Additional Advocate General wanted in the Kashmir sex racket. They have announced a reward of Rs two lakhs for information leading to the arrest of former Additional Advocate General of Jammu and Kashmir. He was declared a proclaimed offender by a local court here after he failed to appear before the CBI, who wants to question him in connection with the allegation levelled by a minor girl that he had raped her. A BSF DIG has already been arrested by the CBI in this case and is under judicial custody and suspension. </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>