News Update

GST - Neither SCN nor the order spell out the reasons for retrospective cancellation of registration, hence cannot be sustained: HCGST - Non-application of mind - If reply was unsatisfactory, details could have been sought - Record does not reflect that such exercise was done - Matter remitted: HCGST - Merely because a taxpayer has not filed returns for some period does not mean that registration is required to be cancelled with retrospective date also covering the period when returns were filed and taxpayer was compliant: HCGST - Petitioner's reply, although terse, is not taken into account while passing assessment orders - Petitioner put on terms, another opportunity provided: HCUnveil One Nation; One Debt Code; One Compliance Rule for Centre & StatesChina moves WTO against US tax subsidies for EVs & renewable energyMore on non-doms - The UK Spring Budget 2024 (See TII Edit)Notorious history-sheeter Mukhtar Ansari succumbs to cardiac arrest in UP jailTraining Program for Cambodian civil servants commences at MussoorieNY imposes USD 15 congestion taxCBIC revises tariff value of edible oils, gold & silver45 killed as bus races into ravine in South AfricaCBIC directs all Customs offices to remain open on Saturday & SundayBankman-Fried jailed for 25 yrs in FTX scamI-T- Once the citizen deposits the tax upon coming to know of his liability, it cannot be said that he has deliberately or willfully evaded the depositing of tax and interest in terms of Section 234A can be waived: HCHouthis attack continues in Red Sea; US military shoots down 4 dronesI-T- Secured creditor has priority charge over secured asset, over claims of I-T Department & other Departments; any excess amount recovered by Secured Creditor from auction of secured asset, over & above the dues payable to it, are to be remitted to the Departments: HCFederal Govt hands out USD 60 mn to rebuild collapsed bridge in BaltimoreI-T - Receipts of sale of scrap being part & parcel of activity and being proximate thereto would also be within ambit of gains derived from industrial undertaking for purpose of computing deduction u/s 80-IB: HCCanadian School Boards sue social media titans for 4 bn Canadian dollar in damagesI-T - Once assssee on year of reversal has paid taxes on excess provision and similar feature appeared in earlier years and assesee had payments for liquidated damages on delay of deliverables, no adverse inference can be drawn: HCFormer IPS officer Sanjiv Bhatt jailed for 20 yrs for planting drugs to frame lawyerST - Software development service & IT-enabled service provided by assessee was exempt from tax during relevant period, by virtue of CBEC's Notification & Circular; demands raised for such period not sustainable: CESTATUN says Households waste across world is now at least one billion meals a dayCus - Order rejecting exporter's request for conversion of Shipping Bills on grounds that the same has been made by exporter beyond period of three months from date of Let Export Order in terms of CBEC Circular No. 36/2010-Cus : CESTATIndia, China hold fresh dialogue for complete disengagement on Western borders: MEACus - No Cess is payable when Basic Customs Duty is found to be Nil: CESTATThakur says India is prepared for 2036 OlympicsCX - As per settled law, a right acquired as result of a statutory provision, cannot be taken away retrospectively unless said statutory provision so provides or by necessary implication has such effect: CESTAT
Untitled Document

MINISTRY OF COMMERCE AND INDUSTRY

(Department of Industrial Policy and Promotion)

NOTIFICATION

Dated: October, 20 2004

S.O. 1169(E). - In exercise of the powers conferred by sub-section (2A) read with sub-section (2B) of section 29B of the Industries (Development and Regulation) Act, 1951 (65 of 1951), the Central Government after considering the recommendations made to it by the Advisory Committee, hereby directs that following further amendments shall be made in the notification of the Government of India in the then Ministry of Industry (Department of Industrial Development) No. S.O. 477(E) dated the 25th July, 1991, namely : -

In the said notification, in Schedule III, -

(a) serial number 14, 16A, 16B, 39, 43, 44, 45, 46, 51, 52, 62, 63, 64, 66, 69, 77, 119, 220, 221, 222, 224, 225, 249F, 301, 302, 303, 306, 315, 350, 351, 352, 356, 359, 374, 392A, 395, 401, 425, 433, 461, 462, 467A, 475, 476, 478, 479, 480, 483, 484, 488, 489, 492, 493, 496, 497, 520A, 527, 528, 533, 534, 548, 575, 578, 594, 610, 624, 633, 634, 636 and 805 and the entries relating thereto shall be omitted;

(b) against serial number 213, in column 4, the entries relating to product codes "31220720", "31220721", "31220722", "31220723", "31220724", "31220777" and "31220780" shall be omitted ;

(c) against serial number 217, in column, the entries relating to product codes "31221106", "31221108" and "31221116" shall be omitted;

(d) against serial number 328, in column 4, the entries relating to product codes "279936", "21901", "326113" and "326135" shall be omitted;

(e) against serial number 329, in column 4, the entries relating to product code "279937" shall be omitted;

(f) against serial number 226, -

(i) in column 3, for the product code "315198", the product code "36154" shall be substituted;

(ii) in column 4, for the entry "Other natural essential oils", the following entry shall be substituted, namely : -

"Natural essential oils by steam/hydro distillation process";

(g) against serial number 249E, -

(i) in column 3, for the product code "316101", the product code "35339" shall be substituted

(ii) in column 4 for the entry "Turpentine", the following entry shall be substituted, namely : -

"Turpentine by stem/hydro distillation process";

(h) against serial number 551, -

(i) in column 3, for the product code "300206", the product code "78273" shall be substituted

(ii) in column 4 "Boosters", for the entry, the following entry shall be substituted, namely;

"Booster transformers upto 5 KVA",

(i)) against serial number 552 -

(i) in column 3, for the product code "360205", the product code "77559" shall be substituted

(ii) in column 4, for the entry "voltage stabilizers Domestic type", the following entry shall be substituted, namely ;

"voltage stabilizer Domestic type upto 5 KVA",

(j) against serial number 572, -

(i) in column 3, for the product code "36371201", the product code", 77729" shall be substituted.

(ii) in column 4, for the entry "Hot cases upto 113.2 litres", the following entry shall be substituted, namely;

"Hot cases upto 20 litres",

(k) against serial number 579, -

(i) in column 3, for the product code "36362101", the product code "77738" shall be substituted

(ii) in column 4, for the entry "Immersion water heaters upto 3 KW", the following entry shall be substituted, namely ;

"Immersion water heaters upto 2 KW".

(l) against serial number 585, -

(i) in column 3, for the product code "363727", the product code "77743" shall be substituted

(ii) in column 4, for the entry "Baking ovens with/without provisions for toasting/grilling upto 56.6 litres and 1 KW other than micro wave ovens", the following entry shall be substituted, namely;

"Baking ovens with/without provisions for toasting grilling upto 20 litres and 5 KW other micro wave ovens",

(o) against serial number 592, -

(i) in column 3, for the product code "36620201", the product code "77919" shall be substituted

(ii) in column 4, for the entry "Air break offload isolators/upto 11 KW including gang operated, the following entry shall be substituted, namely;

"Air break offload isolators/upto 11 KV",

(p) against serial number 595, -

(i) in column 3, for the product code "369202", the product code "77702" shall be substituted

(ii) in column 4, for the entry" Emergency lamps", the following entry shall be substituted, namely;

"Emergency lamps/lanterns",

(q) against serial number 609, -

(i) in column 3, for the product code "366206", the product code "78938" shall be substituted

(ii) in column 4, for the entry "Electronic fan regulators, the following entry shall be substituted, namely ;

"Electronic fan regulators and dimmers",

2. This notification shall come into force on the date of its publication in the Official Gazette.

F.No. 7(5)/2002-IP

Umesh Kumar, Jt. Secy.

AR not Afar by SK Rahman

TIOL Tube Latest

Shri Shailendra Kumar, Trustee, TIOL Trust, giving welcome speech at TIOL Awards 2023




Shri M C Joshi, Former Chairman, CBDT




Address by Shri Buggana Rajendranath, Hon'ble Finance Minister of Andhra Pradesh at TIOL Awards 2023