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GST - Rule 89 - Refund of ITC - 14/2022-CT - Benefit that gets accrued by way of legislation cannot be denied/curtailed moreso when it is clarificatory in nature: HCGST - Refund of ITC - Production of shipping bills - Transmission of energy could not have been visualized when Rule 89(2) was incorporated in the Statute book: HCGST - Requiring petitioners to produce shipping bills, as proof of export cannot be made applicable to electricity as export can only be through transmission line, but not through rail, road or water for which documents can be made available: HCEconomy Needs Synergetic Inputs to fix twin Deficits of Inflation & Rupee fall43 injured in fire at Durga Puja pandals on UPAgriculture Income & ITR 7OPEC+ debate cutting production by 1 million barrels per day; Crude price up by 3%I-T - 6 months' limitation for deciding refund claims is to be followed strictly: HCBrazil’s Presidential elections: Neither candidates get 50% votes; Bolsonaro to face Lula in second round of pollI-T- Customs duty paid for yacht can be allowed as it is not used by assessee for its own personal use and has operated yacht for benefit and use of entities paying operating fee : ITATLanka reduces tax rate on sanitary napkins amid fiscal crisisI-T - No addition on account of bogus sundry creditors can be made, if AO fails to substantiate non-availability of vendors: ITATXiaomi expresses despair over attachment of Rs 5500 Cr assets in IndiaST - No service tax is payable on amount collected towards liquidated damages: CESTATTruss says her Chancellor decided himself to reduce UK’s rate for top tax bracketCX - There is no reason to deny refund when assessee has availed drawback of only the customs duty portion and not of excise duty: CESTATSexual assault case against founder of JD.com, China’s one of biggest e-commerce giants, settled in USCX - After 1.4.2011, appellant cannot avail credit on outdoor catering services, thus credit availed for period 1.4.2011 to 30.4.2011 which is part of SCN is not eligible for credit: CESTATIsrael, Lebanon about to hammer out deal on maritime tangled borderCus - First Appellate Authority was correct in allowing appeal thereby ordering provisional release of goods in question and since there is no change in facts, same is followed in case on hand as well: CESTATBurkina Faso’s junta leader agrees to dethrone himselfUkraine war - France’s spirited support being questioned; 2% arms support found lowest in EUDeath toll from Hurricane Ian mounts beyond 80 thus far in Florida & Carolina put togetherMexico braces up for Hurricane OrleneSP’s supremo Mulayam Singh Yadav is in ICU at Gurugram MedantaGovt reduces export duty on petro goods; makes Special Additional Excise Duty NIL for ATF; Rs 3.5 per litre on diesel & Rs 8000 per tonne for petrol125 die in Indonesian stampede after fans invade football ground and police hurl teargas; 180 injuredAnti-hijab fire spreads across Iran; Rallies organised throughout countryKing Charles III not to attend COP27 in Egypt on advice of Truss GovtUS, Venezuela swap prisoners - 7 Americans for 2 relatives of President MaduroUS, Japan & Australian Defence Ministers vow to work against Chinese military ambitionsWIPO’s Global Innovation Index - India walks up to 40th rankFM says IBC law cannot be allowed to lose its teeth and object
 
A TAXMAN'S PROLIFIC PEN

The Fine Print And Other Yearns
Authored by
Mr Dinesh Verma, IRS,
Published by:
UBS Publishers' Distributors Pvt Ltd
Price: Rs 299

MR Dinesh Verma is an IRS officer of the 1980 batch. He is a Francophile having studied in Paris on two occasions. Dinesh is an alumni of the prestigious L'Institut international d'administration publique. He has also done an MBA from one of the famous Grandes coles'-the Ecole Nationale des Ponts et Chausses.

Dinesh is a student of English Literature and this is his first oeuvre. He is also a taxman. The rare combination of all these qualities comes through in his book which is a collection of nine short stories or novellas - Buddy the Impressionist, The Overcoat ,The visitor, Another Visitor, The Fine Print, The Insomniac, Pieter Van der Polder, The Mobile Phone Dealer, Bawa and his white Fiat. The last two stories are set in contemporary India. However, the setting of the first four stories is in Paris of the mid eighties when India was still an autarchy of sorts; when foreign exchange was scarce, when rich or poor, young or old, influential or otherwise, one was allowed to take out only 500$ against one's passport. The second set of three stories are also based in Paris of the mid nineties when thanks to the liberalization, the craze for everything foreign was no longer there. The stories obviously have autobiographical elements and are based on the lives and experiences of Indian students trying to make ends meet with the meager scholarship and the meager foreign exchange.

We thus get the curious transformation of the generous and hospitable Amitabh in the true to life and hilarious story The overcoat'. The detailed observation of the psyche of the students studying in Paris at that time is really remarkable. With his incisive observation of human nature, the characters portrayed by Shri Verma come alive. In The Visitor', the discomfiture of the peripatetic Dr Chopra in Paris is lifelike. One almost feels one's heart beat faster as Dr Chopra tries to find his way around to his hotel .The moans and sighs filtering through the wall separating the adjacent rooms which make Alu insomniac are hilarious and real. Many Indian students going abroad may still do not realize that one is supposed to pay one's share even when one is invited at a birthday party. These and many more vignettes are brought out in masterly fashion by Dinesh through his wonderful story telling ability.

Similarly, any taxman will be able to easily relate to the dilemma faced by the protagonist of the story The Mobile Phone Dealer'.

With a racy narrative style and a subtle sense of humor, the book has that unputdownable' quality. So, go ahead and finish reading it. Besides, the book also contains interesting information which can be of use to all who want to go abroad for higher studies.

Dinesh Verma is currently occupying a senior post in the Central Board of Direct Taxes. One wishes that he writes a similar book of stories containing the goings on in the North Block. Plenty of material must have been available to him. We are eagerly waiting for his second book.


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