TIOL-DDT 741 · the untouched capture
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<p ><font size="2"><b><font color="#663399" size="3" face="Verdana, Arial, Helvetica, sans-serif">TIOL-DDT 741</font><font size="3" face="Verdana, Arial, Helvetica, sans-serif"></font><font face="Verdana, Arial, Helvetica, sans-serif"><br>
15.11.2007<br>
Thursday</font></b> </font></p>
<p align="center" ><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Cenvat availed capital goods cleared as such – The full circle – it took the Board 13 years to reach where it started from</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">You receive Capital Goods into your factory/service premises and avail Cenvat Credit on the excise duty paid on those goods. For some reason, you want to get rid of the blasted machinery. You simply can't throw it away. You have to return the Cenvat Credit taken. You are ready. But how and how much? Is clearing a machine after using it for five years, clearance as such? What if the machine becomes scrap? Are you a scrap manufacturer? </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The present position is that if you remove the capital goods as such, you are required to pay an amount equal to the Credit taken. If you had purchased a machine in 1994 for Rs. 1 Crore and the Credit taken was Rs. 20 lakhs and if you sell that machine for Rs. 10 lakhs now, you will be required to pay an amount of Rs. 20 Lakhs! No fool would sell that machine! </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The Government has realised the folly and now amended the Cenvat Credit Rules to stipulate that</font></p>
<blockquote>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">“if the capital goods, on which CENVAT Credit has been taken, are removed after being used, the manufacturer or provider of output service shall pay an amount equal to the CENVAT Credit taken on the said capital goods reduced by 2.5 per cent for each quarter of a year or part thereof from the date of taking the Cenvat Credit;”.</font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">So, now if the machine is cleared after 10 years, there is absolutely no requirement of paying/reversing the Cenvat Credit taken. And there is a 2.5% depreciation for every quarter. A very wise, logical and friendly decision indeed, but this was exactly the position 13 years ago. After several simplification and confusion exercises and innumerable court cases, government has come back to where they started – in the process making a few millionaire consultants!</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Though the Board richly deserves our unbridled applause, it is really sad that it takes so long for logic to set in.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Let's take a quick tour down memory lane on this provision.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>1. Rule 57 S as was introduced by Notification No. 4/94 <st1:stockticker w:st="on">CENT dated 1.3.2004,</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>57S.</b>(1) <b> Manner of utilisation of the capital goods and the credit allowed in respect of duty paid thereon. </b>The capital goods in respect of which credit of specified duty has been allowed under rule 57Q, may -</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(i) be used in the factory of the manufacturer of the final products; or</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">(ii) be removed, after intimating the Assistant Collector of Central Excise, having jurisdiction over the factory and after obtaining dated acknowledgment of the same, from the factory for home consumption or for export on payment of appropriate duty of excise leviable thereon or for export under bond, <b>as if such capital goods have been manufactured in the said factory:</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Provided that where the capital goods are removed from the factory for home consumption on payment of duty of excise, or for export on payment of duty of excise, such duty of excise shall in no case be less than the amount of credit that has been allowed in respect of such capital goods under rule 57Q.</font></p>
<blockquote>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">So duty had to be paid as if the Capital goods were manufactured in the factory and this duty was supposed be not less that the Credit taken. So even if you sell the machine at a loss, you were required to pay back the entire Credit and the kind government would get a cut in the profit if you make one.</font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">2. <b>Notification No. 23/94-<st2:GivenName w:st="on">C.E.</st2:GivenName> (<st2:GivenName w:st="on">N.T.</st2:GivenName>), dated 20-5-<st1:metricconverter ProductID="1994. A" w:st="on">1994. A new proviso was inserted</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">“Provided further that where the capital goods are removed after being used in or in relation to manufacture of final products from the factory for home consumption on payment of duty of excise or for export under rebate on payment of duty of excise, such duty of excise shall be calculated by allowing deduction of 2.5 per cent of credit taken for each quarter of a year of use or fraction thereof, from the date of availing credit, except where such capital goods are sold as waste and scrap, the duty leviable shall be at the rate applicable on such waste and scrap”;</font></p>
<blockquote>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">The concept of depreciation of 2.5% was introduced, which is now brought back after thirteen and a half years! And please note that if the capital goods were sold as scrap, duty applicable to scrap was to be paid. There are hundreds of cases on this issue.</font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">This position continued for a reasonable period, when in 2000, the Board went overboard with massive simplification meant exclusively to make consultants rich. All established and settled issues were resurrected and given freedom to frighten every devil fearing assessee.</font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">In the year 2000, Modvat gave way to Cenvat and </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">3. <b>Notification No. 27/2000-<st2:GivenName w:st="on">C.E.</st2:GivenName> (<st2:GivenName w:st="on">N.T.</st2:GivenName>), dated 31-3-2000 had an explanation to Rule 57AB</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Explanation. - When inputs or capital goods are removed from the factory, the manufacturer of the final products shall pay the appropriate duty of excise leviable thereon as if such inputs or capital goods have been manufactured in the said factory, and such removal shall be made under the cover of an invoice prescribed under rule 52A..</font></p>
<blockquote>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">So in 2000, we are back to <b>“as if manufactured in the factory</b>” and <b>“appropriate duty”</b></font></p>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Then came the Cenvat Credit Rules 2001 and the </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>4.</b> <b>Notification No. 31/2001-</b><st2:GivenName w:st="on"><b>C.E.</b></st2:GivenName><b> (<st2:GivenName
w:st="on">N.T.</st2:GivenName>), dated 21-6-2001 </b>had a provision</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">When inputs or capital goods, on which CENVAT credit has been (4) taken, are removed as such from the factory, the manufacturer of the final products shall pay an amount equal to the duty of excise which is leviable on such goods at the rate applicable to such goods on the date of such removal and on the value determined for such goods under section 4 or section 4A of the Act, as the case may be, and such removal shall be made under the cover of an invoice referred to in rule 7.</font></p>
<blockquote>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Now it became <em>such goods</em>, <em>rate applicable </em>on the date of removal and the <em>value</em> under Section 4/4A. There were hundreds of disputes on whether the value was the value at which they were bought originally or the value at which they were cleared after use. The Cenvat Credit Rules, 2002 with effect from 1.3.2002 had a similar provision that lasted just a year.</font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>5. By Notification No. 13/2003-<st2:GivenName w:st="on">C.E.</st2:GivenName> (<st2:GivenName w:st="on">N.T.</st2:GivenName>), dated <st1:date Year="2003" Day="3" Month="1" ls="trans" w:st="on">1-3-2003, </b>the provision was changed to </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">“(4) When inputs or capital goods, on which CENVAT credit has been taken, are removed as such from the factory, the manufacturer of the final products shall pay an amount equal to the credit availed in respect of such inputs or capital goods and such removal shall be made under the cover of an invoice referred to in rule <st1:metricconverter ProductID="7.”" w:st="on">7.”;</font></p>
<blockquote>
<p align="justify"><font color="#663399" size="2" face="Verdana, Arial, Helvetica, sans-serif">Now it is back to the amount of credit! And this litigated position remained for the last four and a half years even through the Cenvat Credit Rules, 2004. </font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">And now the government stipulates,</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">“Provided also that if the capital goods, on which CENVAT Credit has been taken, are removed after being used, the manufacturer or provider of output service shall pay an amount equal to the CENVAT Credit taken on the said capital goods reduced by 2.5 per cent for each quarter of a year or part thereof from the date of taking the Cenvat Credit;”.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">This was what we started with in May 1994. Congrats CBEC – it requires exceptional courage to admit in 2007 that what was done in 1994 was after all the right position.<br>
<br>
<a href="http://www.taxindiaonline.com/RC2/subCatDesc.php3?subCatDisp_Id=30&filename=notification/excise/2007/exnt07_39.htm" target="_blank">NOTIFICATION NO. <u>39/2007-Cex., (<st2:GivenName w:st="on">N.T.</st2:GivenName>), Dated: <st1:date ls="trans" Month="11" Day="13" Year="2007" w:st="on">November 13, 2007</u></a></font></p>
<p align=justify style='text-align:center'><font color="#006600" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Service tax registration – more than for paying tax</b></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=41&filename=notification/servicetax/2007/issueregistration.htm">The CBEC directed the field formations vide letter dt. <st1:date ls="trans" Month="3"
Day="09" Year="2007" w:st="on">3/09/2007 ]</a> to give service tax registration without asking any questions. CBEC's concern for genuine tax payers is understandable, but what they fail to understand is various purposes for which the service tax registration is put use other than for filling the Govt kitty, like…</font></p>
<blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++To obtain tender documents and to file tenders- many PSUs, Defence Establishments and private organizations make it mandatory for the tender participants to possess registration with the department. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++To register as vendor of services in some organizations- many organizations ask the service providers approaching for work to obtain service tax registration before enlisting them in their vendor list.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">++To open current account with the banks- some banks are advising to obtain service tax registration to open current account.</font></p>
</blockquote>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">For a small time service provider, the service tax registration gives his business a stamp of approval from none other than the Central Government.</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Perhaps service tax registration is the only registration given without any verification (pre or post facto). Already many non-serviceable registrants have piled up in every Commissionerate and the department is finding it difficult to weed out those small service providers who obtained registrations when there was no threshold exemption. In spite of Rs. 8 Lakhs exemption, persons still approach the department for registration not for payment of tax, but to cater to other purposes. An officer working in the field told DDT that they have no other option except to put some questions, and call for certain documents just to dissuade all such non- service providers from taking registration. Otherwise, the workload multiplies without any additional revenue and the numbers become unmanageable. Also in a department where the statistics play a vital role to measure the performance, the national average per registrant will be adversely effected due to these “ non- revenue” registrants. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Hence, there is an urgent need on the part of CBEC to realize this ground reality and to give wide publicity to educate general public not to go for registration other than for the purpose of payment service tax. As the Finance Minister rightly observed Service Tax advertisements must emphasize on content rather than colour. </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><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><strong><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></strong></b></font></b></font></p>
<p align="justify"><font color="#FF3366" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>FEMA</b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#FF9966">Adani Exports gets short-term relief from SC in Rs 13.5 Cr FEMA case - matter remanded - HC was not justified in going into merits of case while dealing with a writ regarding pre-deposit : SC</font></b></font></p>
<p align="justify"><font color="#FF9966" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>ON</b></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b> </b>the basis of the alleged violation of certain provisions of the Customs Act, notices were issued to certain noticees primarily on the ground of mis-declaration as to the description and narration of the goods imported and on the ground of over-invoicing so far as valuation is concerned and consequentially misusing foreign exchange. Show-cause notices were issued by the adjudicating authority and on consideration of the submissions and replies filed, the orders in original were passed by the Commissioner of Customs. The orders passed by the original authority were challenged by the respondents before CESTAT. Notices were also issued under Foreign Exchange Management Act, 1999. The Additional Director General passed orders in terms of the Foreign Exchange Regulation Act, 1973. The order was passed after considering the replies and submissions in response to the show-cause notices. The adjudicating authority found the noticees guilty of the charges and in terms of the powers conferred under Section 50 of the Regulation Act read with Section 49(3) and 49(4) of the Management Act imposed the penalties:</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><st1:stockticker u1:st="on"><b><font color="#FF3366">Supreme Court </font></b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#FF9966">School Girls watching 'Alladin' without tickets - It is irrational that as against a tax liability of Rs 3006, penalty of Rs 4,39,000 was to be imposed : Supreme Court</font></b></font></p>
<p align="justify"><font color="#FF9966" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>HERE</b></font><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b> </b>is a Bollywood thriller:</font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The appellant is an exhibitor of cinematograph films. On 3.2.1996 cinema hall of the appellant was inspected by the Commercial Tax Inspectors. At that time a movie "Alladdin" was being shown in the morning show. At the time of inspection, 878 viewers were found watching the movie without tickets. It was found that the daily collection register maintained by the appellant was not properly maintained. The inspectors put their signatures after drawing a line in the register so that no entry can be made thereafter. Alleging that the appellant admitted 878 viewers without tickets, a show cause notice was issued under Section 10 of the Rajasthan Entertainment and Advertisement Tax Act, 1957 prima facie being of the view that offence under Sections 6(1) and 6(2) of the Entertainment Act has been committed. The appellant submitted its reply and stated that girl students of a school had gone to watch the movie which was meant for children and in any event there was no scope for imposition of penalty of Rs.500/- in respect of each viewer. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">The appellant preferred an appeal against the said order before the Rajasthan Taxation Board, Ajmer pleading that the total cost of the tickets was Rs.3006/- and penalty of Rs.4,39,000/- at the rate of Rs.500/- per viewer was unconscionable. The Taxation Board found that the penalty that was imposed was not imposable at the rate of Rs.500/- per viewer and the maximum penalty imposable was Rs.500/-.</font></p>
<p align="justify"><font color="#FF3366" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>Central Excise </b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><b><font color="#FF9966">Appellant manufacturing medicament containing Alcohol but discharging Central Excise duty by availing Cenvat credit on FFM which contains 44% Ethyl Alcohol - no cause for reversal of Cenvat credit - Tribunal</font></b></font></p>
<p align="justify"><font color="#FF9966" size="2" face="Verdana, Arial, Helvetica, sans-serif"><b>CAN <i>you travel in an airplane by buying a Shatabdi ticket or vice versa & when caught argue that both almost cost the same? </i></b></font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Coming to the "complex" case, the premier Central Excise investigating agency stumbled upon an interesting fact when they visited a Central Excise assessee & that was that they were clearing a product called "Fruit Flavour Mix (FFM)" and which actually contained 44% Ethyl Alcohol. The officers concluded that the assessee ought not to have paid any Central Excise duty on FFM since it contained alcohol. </font></p>
<p align="justify"><font size="2" face="Verdana, Arial, Helvetica, sans-serif">Not to leave things half done, their <b><i><font color="#FF9966">quest</font> </i></b>took them to the recipient of this FFM. The logic - if the supplied material contains Ethyl alcohol, the product manufactured out of this raw material may also retain the alcoholic content. </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">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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