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Saudi Arabia imposes temporary visa ban on 14 countries, including PakistanUK protests against Israel detaining two British lawmakersGovt to set up dedicated startup India desk for budding entrepreneursDelhi Govt takes stern action against steep fee hike by private schoolsUK MP Dan Norris arrested for alleged child sex offencesIndian-American country judge nabbed on money-laundering chargesAustralia pledges 2.3 bn Australian dollar to enable households buy solar batteriesIndia, Lanka sign MoU on defence cooperationCX - Mere interconnection under Income Tax law does not establish a related party transaction under Central Excise law, thereby invalidating department's demand for duty at 110% of production cost: CESTATOwaisi moves SC against Waqf Amendment ActNo TDS to be deducted u/s 194EE on payments u/s 80CCAST - Removal of smart cards for pairing with set-top boxes (STBs) constituted job work under Rule 4(5)(a) of CCR, 2004 and thus, reversal of CENVAT credit is not required: CESTATCBIC issues AGT orders of 229 Jcs / ADCs + 308 ACs / DCs + 177 Pr Commissioners / Commissioners + 12 Pr CCs & CCsST - Activity of serving as intermediary between foreign entities & Indian customers, qualifies as export of services; commissions earned by assessee will not attract Service Tax levy: CESTATKessler Syndrome: Over 1200 objects of space debris banged into earth in 2024CX - Valuation - Specifications meant for guidance purposes per se differ from detailed engineering drawings; only the latter is to be included in assessable value: CESTATTrump grants another 75-day to TikTok to find Chinese buyerEU fears Trump beer tariffs may cost one lakh jobsTrump tosses out National Security Agency DirectorBudget Session of Parliament adjourns sine-die; 16 Bills passedHamas says Israeli offensive in Gaza is fatal for hostagesEuropean Commission votes to freeze existing sustainability rules to compete with China and USParliament passes Protection of Interest in Aircraft Objects Bill, 2025US economy adds 2.28 lakh jobs in March monthI-T - Provisions of section 50C are equally applicable to asset forming block of asset as well: ITATChina retaliates; imposes 34% tariffs on American goods

MESSAGE BOARD

   

Rajaswa Gyan Sangam - Key takeaways - CBEC to scrap redundant excise Circulars and issue Master Circular; CBDT to go for re-organisation of jurisdictions on functional lines


Reasons for failure of CBEC

The Senior officers in CBEC are not performing their task and almost all the works are done by junior level officers like Inspector/Superintendent. Even they don't have capabilities to handle all the three taxes Customs, Central Excise, Service Tax. Their attitude is totally negative don't allow simple request of the assessee like common registration, conversion of shipping bills, cum-duty and CENVAT in clandestine removal, deemed to be concluded, not to follow CBEC's instructions/circular favourable to assessee etc. Even committee for review functioning without application of mind to defeat the purpose of less litigation by judicious review. They allow so many things which are not required to be allowed but they allow for the reasons best known them only. Their contribution is zero in drafting SCN, Orders, Review etc. except grammatical changes. In policy making opinion outside the department like trade, advocate/consultant are required to be involved. CBEC's instructions/clarifications on same subjects for all three taxes are different e.g. deemed to be concluded passing of OIO or not. Circular must be clarify for all the three taxes wherever possible as almost all the provisions are identical. Over all reforms byway of change in their thought process with accountability may improve the way of working. To take India in 21st Century as developed country only these two boards officers attitude change may change the atmosphere of ease of doing business in India. As on today business community feel that to run a business in India is a crime.
Let's pray to god senior officers will come out from AC chambers and see the ground reality as to give positive contribution in development of country. Jai Hind, Jai Bharat, Vande Matram.

Pankaj Rachchh 20/06/2016

 

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