TIOL-DDT 419 · the untouched capture
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<p > <font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#663399" size="3">TIOL-DDT
419</font><br>
20 8 2006<br>
Wednesday</b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>DFCE
Scheme – 4% SAD to be paid in cash only</strong></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">By
circular No. 18/2006-Cus. dated 5.6.2006, Board had clarified that in the case
of imports under export promotion schemes like DEPB, Target Plus, Served from
India, DFCE and Vishesh Krishi and Gram Udyog Yojana, the exemption from basic
customs duty, additional duty (CVD) and special CVD in terms of respective customs
notifications shall be available if the element of these duties is debited in
the duty scrips/entitlement certificates issued under these schemes.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Now
the Board has been informed that in case of imports under DFCE Scheme under
notification Nos.53/2003-Cus. dated 1.4.2003 and 54/2003-Cus. dated 1.4.2003.
the exemption from the additional duty is restricted to the duty leviable on
the imported goods under sub-section (1) of Section 3 of the Customs Tariff
Act, 1975 and that there is no exemption available in respect of special CVD
of 4% which is leviable on the said goods under sub-section (5) of Section 3
of the said Customs Tariff Act. Therefore, the special CVD cannot be paid through
the scrips issued under the said scheme. A view has been expressed that in such
cases (imports under these two notifications) the importer needs to pay the
special CVD in cash and take refund of the same where eligible through cenvat
or drawback, as the case may be.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board
agrees with this view and clarifies that <b>in all such cases (i.e. imports
under DFCE under these notifications) the importer shall have to pay the special
CVD in cash. Needless to mention, the Cenvat credit or drawback (brand rate),
as the case may be, can be claimed in respect of this duty.</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=25&filename=notification/custom/2006/cuscir06_20.htm">CIRCULAR
NO.</a></u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=25&filename=notification/custom/2006/cuscir06_20.htm"><u>
20/2006-Cus., Dated: July 21, 2006</u></a></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Sandalwood
oil – export by private companies also allowed</strong></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As
per the export policy, export of sandalwood oil is Subject to quantitative ceilings
and conditionalities as may be notified by the Director General of Foreign Trade
from time to time. Now the DGFT has allocated a quantity of 1 MT of "Sandalwood
Oil" for export till 31.03.2007 by M/ s.Tamil Nadu Forest Plantation Ltd.,
Tiruchirapalli and Private Companies who purchased Sandalwood Oil from M/s.
Tamil Nadu Forest Plantation Ltd., Tiruchirapalli. The exports will be permitted
only against an Authorisation Letter to be issued by the Director General of
Foreign Trade to M/ s.Tamil Nadu Forest Plantation Ltd., Tiruchirapalli and
the Private Companies who purchased Sandalwood Oil from M/ s.Tamil Nadu Forest
Plantation Ltd., Tiruchirapalli . The Authorisation Letter shall be issued as
per decision of the Exim Facilitation Committee in the DGFT (Hqrs) and shall
be valid for one year from the date of issue. No revalidation of Authorisation
Letter shall be allowed. Export of Sandalwood Oil made out of imported Sandalwood
shall not be allowed. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Consequently
the requirement of export by a manufacturer exporter only as required under
Public Notice No.95(RE-2005)/2004-2009, dated 30 th March, 2006 has been done
away with. Now in addition to manufacturer exporter, <i>merchant exporter tied
with legal / licenced unit / industry for extracting Sandalwood Oil and having
procured sandalwood oil through open auctions from the State Forest Department
having necessary certificate of origin in his or his firm's name </i>can also
export.</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/dgft06pn038.htm">PUBLIC
NOTICE NO.</a></u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=47&filename=notification/dgft/2006/dgft06pn038.htm"><u>
38 (RE-2006)/2004-2009 Dated; July31, 2006</u></a><b><u> and </u></b><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=47&filename=notification/dgft/2006/dgft06pn039.htm">PUBLIC
NOTICE NO. 39 (RE-2006)/2004-2009, Dated: July 31, 2006 </a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>Vishesh
Krishi and Gram Udyog Yojana – Appendix 37A amended</strong></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">DGFT
has amended Appendix 37A in respect of list of export items allowed benefits
under Vishesh Krishi and Gram Udyog Yojana. In respect of export made from 1.4.2004
to 31.3.2005, last date of filing of applications for grant of credit shall
be 31.10.2006. </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/dgft06pn040.htm">PUBLIC
NOTICE NO.</a></u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=47&filename=notification/dgft/2006/dgft06pn040.htm"><u>
40 (RE-2006)/2004-2009 Dated; July31, 2006 </u></a></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>15000
posts abolished in Revenue Boards</strong></font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This should have
been hot news for the pink press which often lambaste about the oversized babudom.
Look at these facts:-</font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>CBEC:</b></font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>2000 -01
to 2001-02: </strong> </font></p>
<table width="450" border="0" cellspacing="0" cellpadding="3">
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Total number
of vacancies</font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 4201</font></td>
</tr>
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Posts filled </font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 1401</font></td>
</tr>
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Posts abolished
</font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 2800</font></td>
</tr>
</table>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> <strong>2002
– 2006 </strong> </font></p>
<table width="450" border="0" cellspacing="0" cellpadding="3">
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Total number
of vacancies </font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9545</font></td>
</tr>
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Posts filled </font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2579</font></td>
</tr>
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Posts abolished
</font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif"> 6966</font></td>
</tr>
</table>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>CBDT:</b></font></p>
<p ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong>2000 -2006</strong></font></p>
<table width="450" border="0" cellspacing="0" cellpadding="3">
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Total number
of vacancies</font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">9138</font></td>
</tr>
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Posts filled </font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3300</font></td>
</tr>
<tr>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Posts abolished
(to be)</font></td>
<td><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5838</font></td>
</tr>
</table>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This
was informed to the Parliament yesterday by the Minister of State for Finance.
Great news! that genuine efforts are made to reduce the size of the bureaucracy.
But you go to any Income Tax/Central Excise / Customs office; you will find
the place fully crowded with officers of all verities and ranks. There are too
many Chief Commissioners, Commissioners and other assorted ranks that there
is hardly any place for the staff to sit. Two or three officers share a table.
Since there is no work for any of them, it really does not matter. An ITO which
had one Chief Commissioner and two Commissioners and a few Joint Commissioners
and Deputy Commissioners is now ready to collapse with the weight of 6 Chief
Commissioners and 15 Commissioners.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">But
15,000 posts are abolished. The minister perhaps did not inform how many new
posts were created and what were the posts abolished – most probably those of
<st1:country-region
w:st="on"><st1:place w:st="on">malis</st1:country-region> and barbers! <b>YES
MINISTER</b></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"><a href="mailto:vijaywrite@taxindiaonline.com">vijaywrite@taxindiaonline.com</a></font></p>
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