Shri Tejendra Khanna to be Governor of National Capital Territory of Delhi;

Shri B.L. Joshi, Lt. Governor of Delhi to be Governor of Meghalaya;

Shri Katteekal Sankaranarayanan, Governor of Nagaland, to also discharge the functions of the Governor of Arunachal Pradesh;

Empowered Group of Ministers lifts ban on SEZ, Commerce Ministry free to approve more zones;

UP Government goes to Apex Court against High Court decision on minorities;

Nasdaq launches China Index, iniatially 30 Chinese companies to be listed;

AP CM launches 5% ethnol blended petrol;

Exemption to import of portland cement : MoF clarifies CVD to be Rs 350 per MT for MRP not exceeding Rs 190 per 50 kg bag;

P & H High Court Judge Justice Virender Singh transferred to J & K HC;

2007-TIOL-170-HC-MAD-IT.doc

Deduction claimed for bad debts attributed to rural and urban branches u/s 36(1)(viia) - Assessee had not written off any debts for rural branches in the previous year - Claim for bad debts for non-rural branches are also allowable : HC;

CENTRAL EXCISE SECTION

2007-TIOL-450-CESTAT-BANG.doc + ingot story.doc

Central Excise - Compounded levy - Steel Ingots - Omission of Section 3A with effect from 11.5.2001- Whether omission and repeal have the same meaning - Matter referred to Larger Bench :Cestat;

2007-TIOL-449-CESTAT-MUM.doc

Tribunal cannot condone delay in filing ROM application - S. 35C(2) of CEA'44 :Cestat;

SERVICE TAX SECTION

2007-TIOL-448-CESTAT-BANG.doc

Service Tax - Mandap Keeper - Drama, music and dance should also be considered as social functions - However entitled for the benefits of provisions of Section 80:Cestat;

2007-TIOL-446-CESTAT-MAD.doc + ericsson story.doc

Central Excise vis-a-vis Service Tax - The appellants had done installation and Commissioning of Transmission apparatus for Radio Telephony with the components imported - Service Tax is paid for this activity - Tax cannot be charged under Central Excise Act for the same activity :Cestat;

CUSTOMS SECTION

2007-TIOL-447-CESTAT-BANG.doc

DEPB - Education Cess is not leviable in respect of exempted DEPB imports :Cestat;

adb story.doc

Vision 2020 of ADB projects Asia as transformed economy;

icecubes.doc

Give a credible public delivery system to Aam Aadami;

sez story.doc

EGoM on SEZ lifts embargo on total number; fixes uniform 50% processing area and promises to give employment to at least one person from each displaced family;

rbicir35.doc

Exim Bank credit to Guinea Bissau;

rbicir36.doc

Exim Bank credit to Govt of Jamaica;

rbicir37.doc

Norms eased for refund of exports proceeds in case of re-import of goods on ground of poor quality;

rbicir38.doc

FEMA amended for current account transactions rules;

cbuzz0925.doc

UCO Bank among others are major tax defaulters; Flight of private carriers get easy access to Gulf ;

cbuzz0924.doc

ONGC explores in North Ramadan; Starwood Group plan investments in Mumbai ;

cbuzz0923.doc

OECD strengthens tax pact with UAE and African nations ;

cbuzz0922.doc

Sony signs contract with IBM; Percept walks out of WebPercept;

cbuzz0921.doc

Fortis on way to expansion; US paints major buys off Nitco;