News Update

Israel-Iran War: A close shave for Global Economy but for how long?I-T - If income from stock-in-trade are held as investments, then provisions of section 14A would apply to such income: ITATTRAI recommends on Infra Sharing, Spectrum Sharing & Spectrum LeasingI-T- Revisionary powers u/s 263 can't be exercised when AO has neither assumed facts incorrectly nor there is incorrect application of law : ITATTechnology Board okays funding of Dhruva Space's Solar Array ProjectI-T- Issue of interest is debatable issue on which two views are possible and AO accepted one of views for which PCIT cannot assume revisional jurisdiction: ITATHealth Secy visits Bilthoven Biologicals, discusses production of Polio VaccineI-T - Estimation of profit element from purchases should be done reasonably if assessee could not conclusively prove that purchases made are from parties as claimed, in absence of confirmations from them: ITATStudy finds Coca-Cola accounts for 11% of branded plastic pollution worldwideI-T- Triplex flats purchased are interconnected and can be considered as 'a residential unit'' as per definition of section 54F of Act : ITATDelhi HC says conspiracy against PM is a crime against StateI-T- AO omitted to probe issue of cash payments made over specified limit; revisionary power u/s 263 is rightly exercised: ITATBrazil makes new rules to streamline consumption taxesI-T-Power of revision unnecessarily exercised where AO had no scope to examine creditworthiness & genuineness of assessee's creditors: ITATBiden signs rules mandating airlines to give automatic refunds for delayed or cancelled flightsI-T-As per settled law, in absence of enabling powers, no disallowance can be made : ITATBYD trying to redefine luxury for new EV variantsGST - On the one hand, the order states registration is liable to be cancelled retrospectively and on the other hand mentions that there are no dues - Order modified: HCIsrael finally moving ahead with Rafah OperationsGST - Registration cancelled retrospectively on ground that physical verification revealed that the firm was non-existent - Petitioner had informed that they shifted business and had sought cancellation of registration - Order cancelling registration modified: HCNorway oil major boss says Europeans are not hard-working as compared to AmericansGST - Since registration was cancelled, petitioner could not access portal and view the SCNs and file replies - Order set aside and matter remitted: HCJio turns world’s top telco in terms of data trafficGST - Reply filed is a detailed one and if the proper officer was of the view that the same was unsatisfactory, he should have specifically sought further details - Matter is remitted: HCGadkari faints during campaign; Heat takes toll on his healthGST - SCN does not put petitioner to notice that the registration is liable to be cancelled retrospectively - Order set aside and registration restored: HCSC asks EC to submit more info on reliability of EVMsGST - Non-application of mind - Proper officer has merely observed that the reply filed is unclear and unsatisfactory and, therefore, the demand is confirmed - Matter remitted for re-adjudication: HCItaly imposes USD 10 mn fine on Amazon for unfair business practicesCommercial Tax - Judgment of High Court is in jeopardy once appeal is entertained by Supreme Court - Appeals shall remain pending before the Appellate Board, Bench at Indore, till the issue is decided by Apex Court: HCUS warns Pak of punitive sanctions against trade deal with IranST - As the job-work undertaken by appellant amounts to manufacture, service tax cannot be levied on them under both Heads 'Business Auxiliary Service' and 'Business Support Service': CESTATRight to Sleep - A Legal lullabyCX - Existence of corroborative evidence is essential in order to establish clandestine removal of goods and same cannot be merely based on assumptions and presumptions: CESTAT
Untitled Document

NOTIFICATION

Dated: June 14, 2006

Whereas the Central Government is satisfied that it is necessary to fix tariff value of cashew kernel for the period commencing on and from the 1st day of July, 2006 to the 30th day of June, 2007;

Now, therefore, in exercise of the powers conferred by Sub-section (1) of Section 3 of the Produce Cess Act, 1966 (15 of 1966) read with Sub-section (2) of Section 14 of the Customs Act, 1962 (52 of 1962), the Central Government hereby fixes, for the purposes of collection of cess, the tariff value in respect of cashew kernel at one thousand six hundred rupees per quintal for the said period.


S.O.906(E)

F.No.9-5/2006-WPT-ES


(P.K. Jalali)
Joint Secretary


NOTIFICATION

Dated : June 14, 2006

In exercise of the powers conferred by Sub-section (2) of Section 3 of the Agriculture Produce Cess Act, 1940 (27 of 1940) (hereinafter referred to as the said Act), the Central Government hereby fixes, for the purposes of levying the customs duty, the tariff value specified in column 4 of the Table given below as the tariff value of the articles specified in the corresponding entry in column 2 of the said Table (being articles included in the Schedule to the said Act), in respect of the unit specified in column 3 of the said Table.

TABLE

Serial number
(as given in the Schedule to the Act)
Name of the article
Unit of quantity
Tariff value
(Rs.)
1
2
3
4
1.

BONES

Bones, broken or crushed (including bone grist but excluding bone meal or bone manure)

Quintal 330.00
2.

BRISTLES

(a) White
Short and Riflings (Less than44 mm)

44 mm to 70 mm

76 mm to 95 mm

102 mm to 127 mm

133 mm and above

(b) Dark

Short and Riflings (Less t h an 44 mm)

44 mm to 70 mm

76 mm to 95 mm

102 mm to 127 mm

133 mm and above

 

 

Kilogram

Kilogram

Kilogram

Kilogram

Kilogram

 

Kilogram

Kilogram

Kilogram

Kilogram

Kilogram

 

 

 

27.00

65.00

75.00

105.00

125.00

 

22.00

95.00

120.00

130.00

115.00

 

3. BUTTER Kilogram 25.00
4.

CEREALS, other than Ri c e and Wheat

Bajra

Jowar

Barley

Maize

Quintal

Quintal

Quintal

Quintal

375.00

375.00

400.00

375.00

6.

FIBRE for brushes

(i) Palmyra Fibres

(ii) Palmyra Stalks

(iii) Other Kinds

Quintal

Quintal

Quintal

1280.00

195.00

110.00

8.

FRUITS

Almonds – in shell

Almonds – without shell

Coconut

Raisin – all kinds

Tamarind

Walnuts – in shell

Walnut Kernel

Quintal

Quintal

Thousand

Quintal

Quintal

Quintal

Quintal

 

2500.00

4400.00

850.00

2500.00

900.00

1700.00

2600.00

 

9.

GHEE

Ghee

Ghee Substitute (including vegetable Ghee
and hydrogenated edible oil and fat mixtures)

Quintal

 

Quintal

6800.00

 

1175.00

10.

HIDES, raw

BUFFALO HIDES (Excluding calf skins)

(i) Arsenicated

(ii) Salted

 

 

Kilogram

Kilogram

 

 

6.00

5.00

11.

MANURES

Manures of animal origin of all kinds. (Including prawns
powder but excluding bone meal or bone manure)


Bone meal or bone manure

 

Quintal

 

 

Quintal

 

190.00

 

 

110.00

12.

OIL CAKES


Ground nut oil cake and meal


Linseed oil cake


Mhowa oil Cake and Meal


Niger and Kardi oil cake and meal

Salseed meal


Oil cakes and meals other kinds

 

Metric Tonne

Metric Tonne

Metric Tonne

Metric Tonne

Metric Tonne

Metric Tonne

 


2250.00


2000.00


600.00


1400.00


500.00

2000.00

13.

PULSES

Dal (Split) all kinds

Pulses (whole) all kinds

 

Quintal

Quintal

 

1200.00

1200.00

14.

SEEDS

Castor seed

Cotton seed

Groundnut, Decorticated

Linseed

Mustard and Rapeseed

Niger seed

Til (Sesamum)

Tamarind seed (Including dehusked seed)

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

275.00

200.00

1220.00

350.00

1200.00

1025.00

1300.00

250.00

15.

SKINS, raw

Goat skins (Excluding kid skins)

Sheep skins (Excluding Iamb skins)

 

Per piece

Per piece

 

20.00

12.00

16.

SPICES

Ajwain

Aniseed

Celery seed

Coriander seed

Cumin seed (White)

Cumin seed (Black)

Fennel seed

Fenugreek seed

Sawa (Dil) seed

Chillies, Dry

Ginger, Dry

Pepper Black


TURMERIC
(i) Fingers
(ii) Gatha (Bulb)

CARDAMOM
(i) Large Cardamom (Bari Elaichi) Capsules
(ii) Large Cardamom (Bari Elaichi) Seeds
(iii) Small Cardamom (Choti Elaichi) Green or bleached
capsules
28
(iv) Small Cardamom (Choti Elaichi) Seeds

 

 

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Quintal

Kilogram

 

Kilogram

 

Kilogram

Kilogram

 

 

1400.00

2000.00

1500.00

1200.00

3100.00

2000.00

2000.00

1000.00

1150.00

1500.00

2500.00

3500.00

1500.00

1000.00

60.00

 

80.00

 

28.0.00

90.00

 

TOBACCO, unmanufactured

Unmanufactured Flue Cured Virginia

Class I Grades :
1, 2, 3, C (1-4), 2 (C), 3(C)
AF, AF (General), AF (Special)
AS, AS (General), AS (Special)
AT, AT (General), AT (Special)
F(1-4), S(1-4), T(1-4)

Class - II Grades:
4LBY, LG, 4 (C), LBY (C), LG (C), FLG

Class III Grades:
LBY2, LMG, B, Bright - bits, Semi - bright bits,
Dark bits, MG, LBY2 (C), LMG (C), MG (C), B (C).

 

Class IV Grades:
D, DG, Bright - PL, Dark PL, Semi-Bright PL, PL, DBL, DDS,
FS, FS2

Stems and Stem - bits:

Non-Flue cured (Sub-cured, Air - cured, White Burley and
HDBRG variety)

Class - I Grades:
OLBY, ODBG

Class - II Grades:
WBL, WBR, WBD, VBT, VBR, VDR, CBT,
CDK, CHBR, CHL, CBR

Class - III Grades:
VB, VPL, VS, VS2, V - Bits, CP, CPL, NS2,
TLI, TL2, WBPL, WBS, WBS2, JBN, JBT
Kilogram



Class - IV Grades:
Stem and Stem-bits of these varieties

Bidi Tobacco
Chewing, Cheroot, Cigar Tobacco, and Dark
Western Fire Cured Tobacco

 

Chewing, Cheroot, Cigar Tobacco, and Dark


Western Fire Cured Tobacco

 

Kilogram

 

 

Kilogram

 

 

Kilogram

 

 

Kilogram

 

Kilogram

 

 

Kilogram

 

 

Kilogram

 

 

Kilogram

 

 

 

 

 

 

Kilogram

 

 

Kilogram

 

 

 

Kilogram

 

27.00

 

 

24.00

 

 

13.00

 

 

4.00

 

2.00

 

 

15.00

 

 

13.00

 

 

3.00

 

 

 

 

 

 

2.00

 

 

18.00

 

 

 

9.00

18.

VEGETABLES

Garlic


Onions


Potatoes

 

Quintal

Quintal

Quintal

 

725.00

150.00

150.00

19. WHEAT – ALL KINDS Quintal 400.00
20.

WHEAT FLOUR

Wheat Atta

Wheat Flour (Maida)

Suji

 

Quintal

Quintal

Quintal

 

475.00

475.00

475.00

2. This notification shall remain in force on and from the 15th day of July, 2006 to the 30th day of June, 2007.

S.O.907(E)

F.No.9-1/2006-WPT-ES

(P.K. Jalali)
Joint Secretary

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.