Hi members.. Just came across this article! Amendment made by CBEC without intimation.. Thought of sharing it with all..
TIOL-DDT 1857
15.05.2012
Tuesday
FACED with scathing criticism for its callous attitude in manufacturing defective notifications, CBEC has found a new way to overcome the problem - not of defects in notification but of criticism. THEY SIMPLY CORRECT IN THEIR COPY WITHOUT INFORMING ANYONE.
Take the recent Notification 24/2012-CE dated 08.05.2012. In the Notification as released and as carried by the CBEC website, the first entry read as:
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“70A |
2710 12 11, |
All goods, other than |
14% |
-”; |
This was carried by us and several other sites.
But a few days later, without informing anyone, the Board simply corrected its copy of the Notification and added two more items 2710 12 20 and 2710 12 90. So, now in the corrected notification, the first item would read as,
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
“70A |
2710 12 11, |
All goods, other than goods |
14% |
-”; |
This illegally and secretly amended notification was promptly uploaded in the website of CBEC, giving an impression that all other websites and maybe print publications are wrong!
Some of the print publications must have already printed this notification and now, they don't even have an official amendment to correct what they printed.
If an assessee does this kind of fudging, the CBEC would be glad to send him to jail and maybe if an officer indulges in this kind of fraud, he may even lose his job.
But the Board has all the impunity - after all, they are experts in misleading the Parliament of India and one of the shrewdest Finance Ministers in the world.
CAclubindia
