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Attack on Delhi Chief Secretary turning into street fights & legal battlesDAE Health Scheme notified for Sec 80D benefitsIssuance of Certificate of origin retroactively - period enhanced to twelve months from the date of shipment - Customs Tariff (Determination of Origin of Goods under the Comprehensive Economic Partnership Agreement between the Republic of India and Japan) Rules, 2011 amendedSummons in GST (See 'JEST GST on GST Home Page')I-T - When Revenue had accepted assessee as investor in previous year, it cannot change his status to trader merely because he made some profit on shares: ITATEmployee Benefits - An OverviewST - Transport of goods by air Tax payable during period 10.09.2004 to 16.09.2004 and 16.6.2005 to 14.07.2005 as there was no exemption from payment of such tax during said period: CESTATComposition scheme eligibility, process and benefitsCX - There is no provision under CCR, 2004 for denial of credit on ground that assessee has admittedly deployed inputs in excess of ideal for achieving desired output level: CESTATIAS Association condemns attack on Delhi Chief Secretary; demands immediate actionICAI removes name of O P Tulsyan from register of Members for five years in compliance with Allahabad HC orderST - Supreme Court agrees with Larger Bench CESTAT decision in Bhayana Builders - Revenue appeals dismissedCabinet clears bills on illicit deposit & chit funds regulations (See 'TIOLCorplaws')Cabinet nod for Tribunal on river disputeCabinet nod for bus bay near Indian Defence UniversityCabinet nod for coal mining methodologyCabinet okays Indo-Moroccan railway pactFive IRS officers appointed as CESTAT Members - Sanjiv Srivastava (Mumbai) + P Anjani Kr (Mumbai) + P Venkata Subba Rao (Hyderabad) + Bijay Kr (Delhi) + C L Mahar (Delhi)CBDT issues transfer order of four CITsI-T - Incriminating evidences obtained prior to date of search, cannot be roped in to make additions in case of unabated assessments: ITATPNB scam should pave road for financial transparencyBurdensome registration requirement under GST law be done away withST World Bank and International Finance Corporation are part of United Nations, therefore, there is no need to resort to definition of International Organization for extending benefit of notification 16/2002-ST: CESTATAnti Profiteering Application - An analysisCX - Merely on basis of statement given by one employee to police that raw materials worth Rs.2 crore were destroyed in fire, same cannot be taken as gospel truth: CESTATGovt keen to make agri schemes 'income-centric' rather than 'production-centric': MinisterKolkata DRI seizes 12.4 kg elephant tusk being smuggled from Assam to NepalDigital India successing becoz of people's pull: PMFish eats plastic & humans eat fish - serious health hazard: MinisterI-T - When assessee was only a licensee, not having exclusive rights over a property, vide unregistered document, it cannot claim to be owner of property for purpose of Sec 22: HCRailways relaxes upper age limit for Group C postsNo GST is leviable on goods sold/transferred while remaining in Customs bonded warehouseLeviability of IGST and as well as Compensation cess under Customs ActAG expresses concern over CBEC cases being dismissed by SC on ground of delayTime to shift focus from acronyms to gaps in performanceGST - Industry reports cumbersome procedures & high cost of compliance
Untitled Document

THE NATIONAL TAX TRIBUNAL (AMENDMENT) ACT, 2007
No.18 OF 2007, Dated: April 3, 2007

MINISTRY OF LAW AND JUSTICE
(Legislative Department)

New Delhi, the 4th April, 2007/Chaitra 14, 1929 (Saka)

The following Act of Parliament received the assent of the President on the 3rd April, 2007, and is hereby published for general information:-

THE NATIONAL TAX TRIBUNAL (AMENDMENT) ACT, 2007
No.18 OF 2007

[3rd April, 2007.]

An Act to amend the National Tax Tribunal Act, 2005.

BE it enacted by Parliament in the Fifty-eighth Year of the Republic of India as follows:-

1. (1) This Act may be called the National Tax Tribunal (Amendment) Act, 2007.

Short title and commencement.

(2) It shall be deemed to have come into force on the 29th day of January, 2007.

49 of 2005.
2. In section 5 of the National Tax Tribunal Act, 2005 (hereinafter referred to as the principal Act), in sub-section (5),-

Amendment of section 5.

(i) the words "in consultation with the Chairperson" shall be omitted;

(ii) the following proviso shall be inserted, namely:-

" Provided that no Member shall be transferred without the concurrence of the Chairperson.".

Amendment of section 6.
3. In section 6 of the principal Act, in sub-section (2), in clause (b), for the words "seven years", the words 'five years" shall be substituted.

Amendment of section 13.
4. In section 13 of the principal Act, in sub-section (1), the words "or any person duly authorised by him or it" shall be omitted.

Repeal and saving.
5. (1) The National Tax Tribunal (Amendment) Ordinance, 2007 is hereby repealed. Ord. 3 of 2007.

(2) Notwithstanding the repeal of the National Tax Tribunal (Amendment) Ordinance, 2007, anything done or any action taken under the principal Act, as amended by the said Ordinance, shall be deemed to have been done or taken under the corresponding provisions of the principal Act, as amended by this Act. Ord. 3 of 2007.

(K.N. Chaturvedi)
Secretary to the Government of India