Copy Paste syndrome haunts JS(TRU) - Need to have proof readers
By TIOL News Service
NEW DELHI, MAR 17, 2012: NETIZENS may remember in the last budget, in the tables given under JS(TRU-I) letter explaining the duty structure of Cement, they mentioned:
S.No. |
Description of goods |
Earlier rate |
Revised rate |
1. | Packaged cement manufactured in a mini-cement plant - |
||
(i) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding Rs.3800 |
Rs.185 PMT | 10% ad valore | |
(ii) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding Rs.3800 |
Rs.315 PMT | 10% ad alorem + Rs.30 PM |
|
2. | Packaged cement manufactured in a plant other than a mini-cement plant |
||
(i) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding Rs.3800 |
Rs.290 PM | 10% ad valorem + Rs.80 PM |
|
(ii) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding Rs.3800 |
10% of retail sale Price |
10% ad valorem + Rs.160 PM |
There should be no NOT in the item Nos at (ii) in each of these columns. However, in the printed edition of the Budget Bulletins, this mistake was corrected. But they must have forgotten to update their soft copies in their computers; this year also, they just repeated the same mistake. The table given in this year's JS(TRU-I) letter reads:
S.No. |
Description of goods |
Earlier rate |
Revised rate |
1. | Packaged cement manufactured in a mini-cement plant - |
||
(i) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding ![]() |
10% ad valorem | 6% ad valorem + |
|
(ii) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding |
10% ad valorem + |
||
2. | Packaged cement manufactured in a plant other than a mini-cement plant |
||
(i) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding |
10% ad valorem + |
12% ad valorem + |
|
(ii) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding![]() |
10% ad valorem + |
Unfortunately this year, no Budget Bulletins are circulated.