It is directed to inform that a number of writ peritions have been filed in the High court of Chennai and in the Hight court of Kerala (Ernakulam Bench) challenging the power of the Central Government vide Section 8A of CTA’65 to impose duty on imported wheat vide Notification NO. 127/99 Customs dated 1.12.1999. the customs duty on imported wheat was raised from ‘Free’ to 50%
The new clause 49 shall apply to all the listed private and public sector companies, in accordance with the schedule of implementation. However for listed entities, which are not companies, but body corporates (e.g. private and public sector banks, financial institutions
Circular No. 520/16/2000-CX Of late, it has come to the notice of the Board that where an adverse CEGAT order pertains to more than one assessee, the concerned Commissioner sends proposals for C.A. only in respect of one party without checking up as to whether C.A proposals are being made in respect of other parties covered by the order or not. This discrepancy has been seen even in case of parties belonging to the same Commissionerate or the same zone
In a recent matter involving a representation for condonation of shortfall of stay in India, the Hon’ble MOSF(R) has expressed his anguish over the indifferent and unresponsive approach and lack of sensitivity of our officers even to the genuine representations/complaints by general public. The field officers did not even bother to forward representation to the Government and
Circular No. 519/15/2000-CX It has been brought to the notice of the Board that the copies of Civil Appeals alongwith para-wise comments and brief facts of the case in respect of appeals filed by the parties in the Hon’ble Supreme Court are received very late in the Board from the Commissionerates. As a result filing of counter affidavit is delayed and in number of cases parties are able to get ex-party stay from Hon’ble Supreme Court.
Circular No.518/14/2000-CX Recently the Southern Bench of CEGAT vide its final Order 1786/99 dated 21.7.1999 in the case of M/s TVS Suzuki had held that provision of unjust enrichment under Section 11B cannot be invoked in the cases of refund where assessments were provisional under Rule 9B of the Central Excise Rules before insertion of proviso to sub-rule 9B in June, 1999
Circular No.517/13/2000-CX In keeping with the global thrust for making optimum use of available IT resources expediting communication of important decisions/news relating to Court matters and minimizing the use of papers as a means of communication, a page for judicial Cell has been put on the CBEC Website Newtwork “finm.in.nic.in”. For the present it will contain information about the Civil Appeals/SLPs filed in Supreme Court as well as those which have been admitted.
Circular No 516/12/2000-CX It is directed to say that doubts have been expressed whether the printing of brand name or logo on duty paid cigarette paper falling under heading 48.13 in the continuous process of manufacture of cigarettes would amount to manufacture and again liable to duty as ‘paper surface-decorated or printed in rolls or sheets’ under heading 48.11.
Based on the recommendations of the Committee on Rolling Settlement, it has been decided that trading would be compulsory in Rolling Settlement by all the investors in 34 scrips.
Certain clarifications have been sought as to whether from Mynamar import of an item other than listed in Public Notice No. 289 dated 10.04.95 can also be effected or not. It is clarified that in addition to the provisions contained in the above mentioned Public Notice, the ‘ normal trade’ in all other commodities between two countries through Land Customs Station at Moreh is also permitted subject to payment of custom duties as applicable on international trade with any other country of the world.
