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CBDT issues all India transfer order of 16 CITs (See 'Transfer' in Pitara) Foreign Currency valued at Rs.2.77 crores seized from passenger departing from T-3 IGI Airport to Hong Kong; pax arrested Govt liabilities stabilized in recent years: Status paper on govt debt (See 'Mixed Buzz') ST - There is no bifurcation in commission agent agreement regarding supply of goods and services - entire quantum of ST paid by commission agent is entitled as credit: CESTAT (See 'Breaking News') Investment in irrigation projects essential to double farmers income by 2022: FM (See 'Mixed Buzz') Public spending on social security at new high: OECD (See 'Mixed Buzz') TNGST - Whether it is permissible for Legislature to introduce a Explanation to provision of fiscal Statute, which has feature of expanding scope of charging section - NO: HC (See 'Breaking News') Minister reinforces commitment under Paris Agreement at Forest Services Meet (See 'Mixed Buzz') FIPB okays 4, rejects 4 & defers 3 FDI proposals (See 'FDI Approved' in FEMA) FM to hand over sanction letter of Rs 18500 Cr loan to NABARD today for Long Term Irrigation Fund How they perpetuate Litigation (See 'DDT' Column) Cus - Attaining self-sufficiency is precursor to trigger right of the petitioners to seek permission to export their participating interest/share of crude oil: High Court (See 'Breaking News') DGCEI discovers Rs 2300 Crore black money; MD of Saria Manufacturing Company arrested (See 'Mixed Buzz') Does 'Mission Zero' apply to us? - IRS Officer (See 'DDT') I-T - Whether when complaint filed by assessee against accountant has been duly filed with police, in that case assessee's inability to produce books needs to be believed & he could not be considered as defaulter for not discharging onus of providing books before AO - YES: ITAT (See 'Breaking News') Reliance Jio's tarrif plans in line with prevailing norms, welcome offer to continue: TRAI (See 'Mixed Buzz') Penalty has to be Equal to Duty Under Section 11AC: Supreme Court (See 'DDT') CX - Contract for manufacture & supply of Electrical Transmission towers - debit notes raised for excess amount of material used - CX duty not payable prior to 1st July 2000 but payable thereafter as valuation is based on Transaction value: CESTAT (See 'Breaking News') Stricter norms for misleading advertisements in offing: Minister (See 'Mixed Buzz') Earned Leave - No Limit of 300 days? (See 'DDT') CBEC notifies new Customs Exchange Rates effective from 21st October, 2016 (See 'NT 127' in What's New) Smuggling - Gold is a prohibited item and AA can order absolute confiscation - Tribunal directing release of gold on payment of fine is against law: HC (See 'Breaking News') GST Rate Structure - Demerit Goods - Politics of Cess would not work! (See 'The Cob (Web)'Column)
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DDT is one year old

01 12 2005


with Vijay Kumar

It’s not celebration but a reminder that so much is yet to be done! Thank you netizens for your support.


EPCG – 25% bank guarantee for custodians

Board has decided that service providers in the port handling sector who are appointed as Custodians by the jurisdictional Customs/Central Excise authorities shall be eligible for 25% Bank Guarantee for importing capital goods under EPCG Scheme. Circular No.58/2004-Cus. dated 21.10.2004 stands modified to this effect.

CIRCULAR NO. 49/2005-Cus, Dated : November 29, 2005

Anti-dumping duty on Acrylonitrile Butadiene Rubber (NBR),

The Anti-dumping duty on Acrylonitrile Butadiene Rubber (NBR), originating in, or exported from European Union (except Germany), Brazil and Mexico was imposed by Notification No. 53/2005-Customs dated the 7th June, 2005 and was to be valid till 6th day of December, 2005. Now this provisional duty is confirmed and Notification No. 53/2005 is superseded.

NOTIFICATION NO. 100/2005-Cus., Dated: November 29, 2005

Standard Input Output Norms (SION) changes

The DGFT has brought in several changes in the Standard Input Output Norms (SION)

PUBLIC NOTICE NO. 70 (RE:2005)/2004-2009, Dated: November 29, 2005

Import of marble – DGFT clarifies

As per DGFT Circular No. 24/2004-09 dated 30.8.2005,

“Eligibility- Entitlement would be restricted to those applicants who have set up manufacturing / processing units in the country and have made imports of these items in the preceding years when these items were under SIL list.”

Now the DGFT clarifies that

“manufacturing / processing units should have been set up during the years when marble was under SIL List or before. Hence documentary evidence showing establishment of manufacturing / processing units during that period should be produced”.

Similarly the circular prescribed that

The total import of rough marble blocks under Exim Code Nos.25151100, 25151210, 25151220, will be subject to a ceiling of 1.30 lakh MT per licensing year. The entitlement of individual firm will be worked out on the basis of the turnover of the preceding year. The applicant will be required to furnish a Chartered Accountant certificate certifying his turnover.

Now the DGFT clarifies that

the entitlement will be calculated on the basis of the turnover of marble imported under Chapter 25 of the ITC (HS) Classification of Export Import Items 2004-09 only. These companies who have been importing under Chapter 25 may also add their complete turnover for imported marble for the preceding year i.e. 2004-05. For this purpose a revised Chartered Accountant certificates indicating turnover of the preceding year (2004-05) based on above criteria should be filed.

POLICY CIRCULAR. NO 34 (RE-2005)/2004-09, Dated : Nov 30, 2005

Corrupt Customs – a global phenomenon?

Of 10 areas rife with corruption in Vietnam, the field considered top is land management, followed by customs and traffic police, according to a survey by the Central Committee for Internal Affairs.

Most respondents said that corruption is stirred by greed, not by poverty, because it often occurs among figures in authority. Corrupt officials often intentionally cause difficulties for citizens seeking civil services in order to extort money from them. 

From a report in VietNamNet Bridge yesterday.

Until tomorrow with more DDT

Have a nice day.

Mail your comments to

Sub: happy b'day

Wishing all the best for the DDT baby! It is really making very good impact among all concerned. Keep it up.


Posted by jaikumar seetharaman
Sub: Crossing the infant stage


Congrats and many wishes for the day. DDT has crossed the infant stage and has become a house hold name among netizens of TIOL In these fast moving days such daily dose is absolutely necesaary to keep oneself updated. DDT means Daily Doubt removing Tree- Best wishes again.

Posted by ramkumar ramkumar
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