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Notice mandatory before sealing : HC tells MCD; Govt in a state of panic; Latest Inflation figure goes up to 6.6%; India--ASEAN FTA to be wrapped up soon : Foreign Minister; FM launches pilot Refund Banker project for Income Tax refunds being executed by SBI; India-Greece trade up by 84%; |
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| Dear Member, Sending you the following files: |
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CBDT gives back vigilance charge to Member (P); Deduction for non-compete fee allowed - Later notice issued u/s 148 - Initiation of re-assessment merely on the basis of change of opinion is invalid: HC; |
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G D Lohani moved from Ahmedabad to Delhi and then to Board;
Govt tightens grip over pan masala sector; amends Central Excise Rules for furnishing tonnes of additional information; Notification 108/95 CE- Certificate of exemption issued by Principal Secretary to Govt. of West Bengal – Denial of benefit on the ground that the project was not funded by UN or International Organization but by JBIC which is not listed as International Organization by alleging suppression improper – Classification lists & also monthly returns filed during the relevant period – Demand hit by limitation;
SERVICE TAX SECTION Service Tax - Consulting Engineer – foreign service - The demands became sustainable only after 16.08.2002 when the provisions of Rule 6 was amended;
CUSTOMS SECTION Committee of CCs u/s 129D; Anti-dumping duty on FSP extended; 2007-TIOL-189-CESTAT-MAD.doc + Eswaran Sons Story.doc Central Excise – Interest – Duty determined by the original authority under Section 11A(2) was paid beyond the period of 3 months from the date on which the Finance Bill, 1995 received the President’s assent– Interest is payable from 26.8.95 and not from the date of Hon’ble Apex Court’s order settling the dispute - Commissioner’s view is perfectly in accordance with the legal provision; Excess duty paid due to clerical errors – proviso to s.154 & s.27(1) of Customs Act to be read together & interpreted harmoniously, hence section 154 cannot negate or over-ride limitation laid down in s.27(1)- Refund claim filed after nearly three years correctly rejected by Revenue. Commissioner(A) order relying on Tribunal decision in Hindustan Fertilizers is erroneous as the same has been over-ruled by LB decision in Polymer Paints; |
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2007-HRIOL-01-CIC.doc + CIC Story.doc Deliberate non-complinace with the provisions of RTI Act - Penalty of Rs 25000/- imposed on CPIO and DoP&T Secretary directed to compensate the complainant for having made to lose employment opportunity to the Indian Administrative Service; Revathi Equipment acquires 40% stake in engg design providing company; |
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| Regards
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