TIOL-DDT 399 · the untouched capture
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<p > <b><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT
399</font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
05 07 2006<br>
Wednesday</font></b></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#006600">Baggage Rules amended
- </font></strong><font color="#006600"><b>Chakan-da-bagh</b></font></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>As per the Baggage Rules, people coming
to India through certain land routes are allowed duty free baggage up to the
value of Rs. 6000/-. </strong>Chakan-da-bagh is the point at the line of control
between Indian Kashmir and Pak Occupied Kashmir. Recently a bus service was
started between Poonch, in Indian Kashmir, and Rawalkot in Pakistani Kashmir.
Passengers are to alight at the Chakan-da-bagh post for immigration and Customs
check. Now Chakan-da-bagh is also included as a land customs route for baggage
rules. The bus was inaugurated on 23<sup>rd</sup> June and this notification
is given on 30<sup>th</sup> June. What happened during the one week? Authorised
smuggling?</font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=24&filename=notification/custom/2006/cnt06_076.htm">NOTIFICATION
. NO.76/2006 - CUSTOMS (N.T) dated June 30, 2006</a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Shamshabad declared Customs
airport</strong></font></p>
<p align="justify" > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><img src="http://www.taxindiaonline.com/RC2/image/stories/hyderabad_%20airport.jpg" width="94" height="84" border="1" align="left">Shamshabad
near Hyderabad is fast developing as the new destination for land sharks as
the best airport in Asia is being built there. It may take a couple of years
before the airport is functional, but Board has already notified it as a customs
airport. After all Hyderabad is not Chakan-da-bagh.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The
road to prosperity and airport</font></p>
<p align="justify" ><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_078.htm"><u>NOTIFICATION
. NO.78/2006 - CUSTOMS (N.T) dated July 4, 2006</u></a></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">Export of sugar prohibited</font></b></font></p>
<p align=justify ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">DGFT has amended the second schedule to the
ITC(HS) classification to prohibit the export of sugar except Preferential Quota
Sugar to EU and USA. </font></p>
<p ><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/dgft06not018.htm">NOTIFICATION
NO. 18 (RE-2006)/2004-2009 Dated : JULY 4, 2006 </a></u></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">Export of pulses – LCs
after 22.6.2006 not valid</font></b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As per para 1.5 of the FTP, </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">In case an export or import that is permitted
freely under this Policy is subsequently subjected to any restriction or regulation,
such export or import will ordinarily be permitted notwithstanding such restriction
or regulation, unless otherwise stipulated, provided that the shipment of the
export or import is made within the original validity of an irrevocable letter
of credit established before the date of imposition of such restriction.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Government had prohibited export of pulses
by Notification No. 15/ 2006 dated 27.6.2006 and as per the policy, pulses covered
under a letter of credit prior to 27.6.2006, should be allowed. But now the
DGFT has announced that </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">“the transitional arrangements notified under
para 1.5 of the Foreign Trade Policy ,2006 shall not be applicable for export
of pulses against irrevocable Letters of Credit opened on or after 22.6.2006
as the decision of the Government prohibiting the export of pulses was announced
and got widely publicised on 22.6.2006 in the electronic and print media .”</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Publication in the media is taken as date
of effect. But then why is the government often shy about giving information
to the media?</font></p>
<p ><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/dgft06not019.htm">NOTIFICATION
NO. 19 (RE-2006)/2004-2009 Dated : JULY 4, 2006 </a></u></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">History in the making
– silk route opened</font></b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">People in Sikkim fondly remember tales of Indian
merchants leading weary mule caravans loaded with everything from axles to shoes
over the high Himalayan pass of Nathu La for sale in nearby Tibet. But that
was more than forty years ago. The India China war had closed the trade link
which is to be opened again today in a grand ceremony. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And today it is not going to be tired mules
but hi-tech vehicles what with a swanky internet café and the world’s highest
ATM at the 4300 metre high mountain pass.</font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>And
DDT is 400. Thank You</b></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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