TIOL-DDT 562 · Thursday, 1 March 2007 · story 1 of 6

What a budget!

Budget speeches are like mini-skirts:

1. What they reveal is interesting but what they conceal is downright fascinating.

2. what they reveal is trivial, what they conceal is vital

3. What they hide is much more important that what they reveal.

4. What they reveal is suggestive, but what they conceal is vital.

Did the FM tell you that

1. Duty on tooth brush is increased to 16%?

2. The Customs valuation is to undergo a massive change?

3. Book does not include business directory?

4. Goods will include software?

5. Ujagar prints and Pawan Biscuits are no more relevant cases?

6. ‘Settlement’ with the Commission is now difficult.?

7. If the Settlement Commission does not settle your case within a time frame, you lose the case.

8. you can settle only once in your life time?

9. Former Members of the Tribunal cannot appear before the Tribunal.?

10. e payment excise duty is made mandatory?