Auto excise refund for units in NE, J&K, Kutch
New Delhi: Manufacturing units in North East, Jammu and Kashmir and Kutch, entitled to excise exemptions through a refund mechanism will now not have to file refund claims.

The government has decided to allow units clearing goods from these three states to get their refunds through the auto-route. The manufacturer will have the option to take self-credit of refund from his PLA (ie the cash account).

Currently, the excise exemption is available to the extent of duty paid in the PLA. If the total incidence of excise duty is, say, Rs 100 of which Rs 30 is paid through Cenvat credit and Rs 70 is paid in the PLA, the manufacturer is entitled to a refund of Rs 70. As per the excise laws, it is mandatory for the manufacturer to file a refund claim which is verified by excise authorities.

Following complaints about delays in obtaining refunds, the government has now given the option to the manufacturer (clearing goods from North East, Jammu and Kashmir and Kutch) to take self credit in the PLA in case he does not want to file a refund claim.
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Row erupts over incentive schemes for pay channels
New Delhi: With the implementation f the Conditional Access System (CAS) just a few weeks away, cable industry and the broadcasters are again at loggerheads. Now the issue is centred around who will offer incentive schemes for various pay channels to the consumer.

With cable operators and broadcasters each pointing to the other the issue is getting sticky.
The pricing of pay channels has been a matter of controversy, with the Government of the view that the prices announced last month were on the higher-end. In the first meeting of the newly set-up Implementation Committee last week, MSOs indicated to the Government that if pay channels did not come up with new, lower prices, the cable industry would offer these prices to the consumers," said an industry source.
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