TIOL-DDT 701 · the untouched capture
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<p><font size="3"><b><font color="#663399" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT 701</font></b><font face="Verdana, Arial, Helvetica, sans-serif"><b></b></font></font><font size="2"><font face="Verdana, Arial, Helvetica, sans-serif"><b><br>
18.09.2007<br>
Tuesday</b></font></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#006600">Export of Service Tax? </font></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Revenue's complicated refund procedure. Commerce Minister appeased?</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Once upon a time, there lived a Commerce Minister who promised the moon to his exporters whom he wanted to reward for their service to the Nation and to ensure that taxes are not exported. His colleague, the Hon'ble Finance Minister was not impressed. Actually the Hon'ble Commerce minister did not have the best of relations with the Customs Department as once a Customs officer in the Capital's Airport had the temerity to demand customs duty on the goods imported by the minister. The Commerce Minister was not one who would accept defeat. He announced that he had the Prime Minister's permission to grant the moon. The Finance minister is a genius. When a crying child asks for the moon you give it to him in a mirror. So he decided that the Commerce ministry can be silenced by a little moonlight through the mirror. And the whole world lived happily ever after.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">After the Commerce minister made his fiscally impossible and politically incorrect Statement that exports will be exempted from Service Tax, there was apparently some communication gap between the Finance and Commerce Ministries and nothing happened for a good five months. Exactly five months after the Foreign Trade Policy was announced, the Revenue Department has come up with a notification exempting certain services used for exports, through a refund procedure.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Ministry's press note says the procedure has been prescribed for services which are not inputs. "The issue of extending refund of service tax paid on taxable services, which are not "input service" but could be attributable to export goods, was examined."</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The refund is entitled for </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i) Port Services provided for export. (Section 65[105][zn] of the Finance Act, 1994)</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii)Other port Services provide for export. (Section 65[105][zzl])</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iii)Services of transport of goods by road from <b><font color="#663399">ICD to port</font></b> of export provided by Goods Transport Agency. (Section 65[105][zzp])</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(iv)Services of transport of export goods in containers by rail from ICD to port of export. (Section 65[105][zzzp])</font></p>
<p align="justify" ><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Is it assumed that all other services used by the exporters are input services and so credit can be allowed?</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">What about services like Custom House Agent, courier and the most important Goods Transport services? If refund of service Tax paid on <st2:stockticker w:st="on">GTA</st2:stockticker> can be given for transport from ICD to port, why can't it be given for transport from factory to ICD or factory to port?</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Is the Revenue ministry aware that Tribunal had held that <st2:stockticker
w:st="on">CHA</st2:stockticker> and outward transport to port are not input services? </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Finally what Revenue has given is not even a fraction of what the Commerce ministry promised and as usual the Press has gone to town with the news that Service Tax is exempted. Even the Economic Times today carries a news heading, <b><font color="#663399">Govt exempts exporters from service tax.</font></b></font></p>
<p align="justify" ><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>And how to get the refund? Simple!</b></font></p>
<p class=MsoListParagraph ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">1. File the claim with the jurisdictional Assistant Commissioner of Central Excise having jurisdiction of your factory. If you are not a manufacturer and do not have a factory and so no botheration from excise and if you still have the audacity to export, file the claim with the Assistant Commissioner having jurisdiction of your registered office. If you do not have a registered office - you don't deserve to export or get a refund?</font></p>
<p class=MsoListParagraph ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. You have to claim the refund within sixty days from the end of the quarter in which the goods were exported. When does a quarter start? Do you assume it to be <ns0:GivenName><st1:GivenName w:st="on">April</ns0:GivenName>?</font></p>
<p class=MsoListParagraph ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. If you have not got the export proceeds within the time prescribed under FEMA, the refund will be recovered from you with interest and perhaps penalty.</font></p>
<p class=MsoListParagraph ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">4. Produce proof for the export of the goods and payment of Service Tax.</font></p>
<p class=MsoListParagraph ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">5. After that? Wait till the Assistant Commissioner decides to give you refund or issue a Show cause Notice.</font></p>
<p class=MsoListParagraph ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">6. When will you get the refund? Most likely you will not and even if you do, there is no time limit fixed for the Assistant Commissioner!</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">What will happen if the foreign buyer has an office in <ns1:country-region><ns1:place><st2:country-region
w:st="on"><st2:place w:st="on">India</st2:place></st2:country-region></ns1:place></ns1:country-region> and he pays the freight and Service Tax for the transport from ICD to the port? He is not eligible for the refund and so the Service Tax also has to be exported along with the goods.</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=40&filename=notification/servicetax/2007/stnot07_040.htm" target="_blank">Notification No.40/2007-Service Tax dated 17th September, 2007.</a></u> </font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Income Tax-Loss of Revenue due to incorrect depreciation-Board cautions</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The CBDT has cautioned the Assessing Officers that substantial loss of revenue has occurred due to incorrect allowance of depreciation and incorrect set off of brought forward losses. Board wants AOs to carryout necessary verifications with reference to physical records to ensure correctness of the claims of brought forward losses and depreciation. Board wants remedial action for earlier years also.</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=67&filename=notification/cbdt/2007/instruct0709.htm" target="_blank">CBDT INSTRUCTION No:9/2007 dated <st2:date ls="trans"
Month="9" Day="11" Year="2007" w:st="on">September 11, 2007</st2:date></a></u><b><u><st2:date ls="trans"
Month="9" Day="11" Year="2007" w:st="on"></st2:date></u></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Classification of imported Boric Acid-CBEC Clarifies.</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">CBEC had in Circular No.61/2004-Cus. Dated 28-10-2004 clarified that Boric Acid has to be classified under chapter 38 of the Customs Tariff, which has been followed by the field formations. But under Central Excise, the product has been classified under chapter 28 thereby leading to two types of assessments for the same product.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Board now feels that the product has been classified under heading 2810 both under Customs and Central Excise. This is issued for uniformity in classification and Board wants all Customs and Central Excise field formations to finalise pending assessments based on this clarification. </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/2007/cuscir07_34.htm" target="_blank">CBEC Circular No.34/2007 dated 17<sup>th</sup> September, 2007.</a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Exemption to digital still image video camera</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">What is digital still image video camera? Are digital cameras which are capable of both still photography as well as video film shooting eligible for the exemption? This was one of the subjects for deliberation in a conference of Chief Commissioners.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Digital video camera has been described as cameras that capture light images, convert them to digital electronic signals and then record such digital image data on internal or removable media (built-in memory or diskettes). These images can be reproduced by connecting the camera to a video monitor (or TV), an <st2:stockticker
w:st="on">ADP</st2:stockticker> machine, or by inserting the media in the <st2:stockticker
w:st="on">ADP</st2:stockticker> machine. This type of digital cameras can produce both video signals (e.g., <st2:stockticker w:st="on">NTSC</st2:stockticker>, <st2:stockticker w:st="on">PAL</st2:stockticker>, SECAM or other similar video format) and computer readable image data like MPEG. This was WCO's descriptions.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Based on the report of the Chief Commissioners, Board clarifies that the exemption would be available to digital cameras with still image recording as its principal function. Of course this would also include digital cameras that can record moving images for a limited period of time. what is the "Limited period of time?" That would be decided after some show-cause notices and may be a couple of conference of Chief Commissioners.</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/2007/cuscir07_32.htm" target="_blank">CBEC Circular No.32/2007 dated 10<sup>th</sup> September, 2007.</a></u></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>No customs additional duty during 21.02.2007 to 26.02.2007</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As per Notification No.45/2005-Cus. Dated 16.05.2005, Additional duty was payable on certain goods like CD/<st2:stockticker
w:st="on">DVD</st2:stockticker> Drives, Cell Phones, etc., cleared from SEZ to the DTA during the period 21.02.2007 to 26.02.2007, as this proviso was omitted by Notification No. 19/2007 dated 27.02.2007. This proviso stood in the Notification for six days. That is even before the Notification reached the department and the assessees, it was withdrawn. So nobody could really pay the SAD during the six days. Now the good government has granted exemption for the SAD during the period.</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=24&filename=notification/custom/2007/cnt07_092.htm" target="_blank">Notification No.92/2007-Cus (NT) dated <st2:date ls="trans" Month="9" Day="11"
Year="2007" w:st="on">September 11, 2007</st2:date></a></u><b><u><st2:date ls="trans" Month="9" Day="11"
Year="2007" w:st="on"></st2:date></u></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Coal
Import allowed from Ranpar port</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Ranpar in <st2:place
w:st="on">Maharashtra</st2:place> had been notified as a customs port for unloading of imported goods like ethylene, LPG, Kerosene, LSHS. Now coal is also added to the list.</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=24&filename=notification/custom/2007/cnt07_096.htm" target="_blank">Notification No.96/2007-Cus (NT) dated <st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on">September 14, 2007</st2:date></a></u><b><u><st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on"></st2:date></u></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Exemption from Additional Customs Duty for goods imported for subsequent sale.</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The government has exempted goods imported for subsequent sale in <ns1:place><ns1:country-region><st2:place
w:st="on"><st2:country-region w:st="on">India</st2:country-region></st2:place></ns1:country-region></ns1:place>, the whole of Additional Customs Duty under section 3(5) of the Customs Tariff Act, to counter balance the sales tax, VAT etc., The exemption works in a roundabout way of first paying the duty and then claiming refund. And the refund is subject to conditions like the Additional Duty is not claimed as a credit and the importer paying the appropriate sales tax/VAT when the goods are sold. </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The CENVAT Credit Rules have been amended to provide for that no credit would be available in such cases.</font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Central Excise Rules are also amended to provide for the first stage dealer and second stage dealer to indicate in their invoices that no credit of the Additional Duty shall be admissible.</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=23&filename=notification/custom/2007/ctariff07_102.htm" target="_blank">Notification No.102/2007-Cus dated <st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on">September 14, 2007</st2:date></a></u><b><u><st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on"></st2:date>, </u></b><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2007/exnt07_35.htm" target="_blank">Notification No. 35</a></u><b><u> & </u></b><u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2007/exnt07_36.htm" target="_blank">36/2007 CE (NT) dated <st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on">September 14, 2007</st2:date></a></u><b><u><st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on"></st2:date></u></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Anti Dumping Duty on ductile iron pipes</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Government has imposed anti dumping duty on ductile iron pipes originating in or exported from the People's Republic of <ns1:place><ns1:country-region><st2:country-region
w:st="on"><st2:place w:st="on">China</st2:place></st2:country-region></ns1:country-region></ns1:place>.</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=23&filename=notification/custom/2007/ctariff07_103.htm" target="_blank">Notification No.103/2007-Cus dated <st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on">September 14, 2007</st2:date></a></u><b><u><st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on"></st2:date></u></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Anti dumping duty on phosphoric acid</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Government has imposed anti dumping duty on phosphoric acid, technical grade or food grade including industrial grade falling under sub-heading 2809 20 of the First Schedule to the Customs Tariff Act, originating in, or exported from, the People's Republic of China</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=23&filename=notification/custom/2007/ctariff07_104.htm" target="_blank">Notification No.104/2007-Cus dated <st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on">September 14, 2007</st2:date></a></u><b><u><st2:date ls="trans" Month="9" Day="14"
Year="2007" w:st="on"></st2:date></u></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Exemption from customs duty - NHAI member can sign</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">As per notification No. 84/97-Customs dated 11.11.97, exemption is granted to imports for execution of projects financed by UNO or International Organisations, but a certificate is to be given by the executive head of the project implementing authority. National Highways Authority of India (NHAI) had represented that it issues over 700 certificates every year and the Chairman has to sign all of them. So NHAI has requested the CBEC to allow the Member (Finance), NHAI, to sign these certificates called Customs Duty Exemption Certificate (CDEC). The benign Board has acceded to the request and has ordered that the certificates signed by the Member should be accepted.</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/2007/cus_insfile07_463.htm" target="_blank">CBEC's F. </a></u><a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=25&filename=notification/custom/2007/cus_insfile07_463.htm"><ns0:middlename><u>No.</u></ns0:middlename><u> 463/5/2007-Cus.V dated <st2:date
ls="trans" Month="9" Day="17" Year="2007" w:st="on">September 17, 2007</st2:date></u></a><b><u><st2:date
ls="trans" Month="9" Day="17" Year="2007" w:st="on"></st2:date></u></b></font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>From our Legal Corner - tomorrow's cases</b></font></p>
<p align=center ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><b><b><img src="http://www.taxindiaonline.com/RC2/image/stories/ddt_31.gif" alt="Legal Corner Icon" width="191" height="160" hspace="5" border="0" align="left"></b></b></b></font></b></font></strong></font></b></font></strong></font></p>
<p align="justify" ><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Income Tax</b></font></p>
<p align="justify" ><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Raghav Bahl case - Income or transactions not disclosed on or before date of search - would not have been disclosed but for the search - to be treated as undisclosed income : ITAT</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">IT</font> </strong>all started with search and seizure operation conducted at the premises of Friends Portfolio. In the course of the search, statements of <ns1:PersonName><ns0:GivenName><st2:PersonName
w:st="on"><st1:GivenName w:st="on">Shri</st2:PersonName></ns0:GivenName> <ns0:middlename><st1:middlename w:st="on">Manoj</ns0:middlename> <ns0:Sn><st1:Sn w:st="on">Agarwal</ns0:Sn></ns1:PersonName> and other persons were recorded and thereafter assessment was completed in their cases. It was found that all the transactions undertaken by <ns1:PersonName><ns0:GivenName><st2:PersonName
w:st="on"><st1:GivenName w:st="on">Shri</st2:PersonName></ns0:GivenName> <ns0:middlename><st1:middlename w:st="on">Manoj</ns0:middlename> <ns0:Sn><st1:Sn w:st="on">Agarwal</ns0:Sn></ns1:PersonName> through Friends Portfolio and his other concerns were bogus transactions, in the nature of merely providing entries without any real physical transactions relatable to those entries.</font></p>
<p align="justify" ><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Customs </b></font></p>
<p align="justify" ><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>As per Regulation 8 of CHALR, 2004, examinations are to be conducted twice a year which means to say four exams in two years - Appellant to be given two more chances to clear the exam for continuing with <st2:stockticker w:st="on">CHA</st2:stockticker> licence : Tribunal</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif">After the death of the proprietor, his legal heir was granted permission to work as a Customs House Agent, in terms of Regulation 16(2) of the Regulations subject to her passing the examination referred to in Regulation 8 of the CHALR, 2004 within two years i.e by <st2:date ls="trans" Month="10" Day="03" Year="2006" w:st="on">10/03/2006</st2:date>. An examination was held on 29.9.2005, in which she was declared failed. She re-appeared for the written examination held on <st2:date ls="trans" Month="7"
Day="8" Year="2006" w:st="on">7/8/2006</st2:date> when again she was shown as failed. This is what transpired before the Commissioner of Customs (General), Mumbai declared the <st2:stockticker w:st="on">CHA</st2:stockticker> licence inoperative with immediate effect vide order dated 15.12.2006.</font></p>
<p align="justify" ><font color="#FF0000" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Central Excise </b></font></p>
<p align="justify" ><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Excise valuation in 1991 - discount allowed even if a small part of sale did not have same discount as majority of sales; Abatement from retail price has to be allowed for calculating AV - when factory gate price is ascertainable, depot price cannot be taken as value : Supreme Court</b></font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><strong><font color="#663399">THE</font> </strong>short point which arises for determination in these civil appeals filed by the assessee is - Whether the assessee was entitled to 20% trade discount.</font></p>
<p align=center ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>DDT Thanks!</b> </font></p>
<p align="justify" ><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#663399">DDT</font></b> gratefully acknowledges the Netizens who took time off to send their greetings on the occasion of the 700<sup>th</sup> DDT. DDT regrets its inability to send individual replies to all the netizens and this may kindly be treated as personal replies. DDT humbly requests your continued support and response.</font></p>
<p align="justify" ><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><u>See our columns tomorrow for the judgements</u></b></font></p>
<p align="justify" ><font color="#FF6666" size="2" face="Verdana, Arial, Helvetica, sans-serif">With that rather longish DDT</font></p>
<p align="justify" ><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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