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Coast Guard apprehends Indian fishing boat with unauthorised cashI-T - Sales supported by payments through banking channel which were not only disclosed in VAT returns but duly verified & accepted by VAT Department, cannot be treated as bogus to invoke Sec 68: ITATSPACE, testing & evaluation hub for sonar systems, set up by DRDO, inaugurated in KeralaGST - Malabar 'Parota' Is Akin To 'Bread', Exigible To 5% GST: HCST - Principles of constructive res judicata applies - Petitioner cannot seek to assail proceedings on grounds which were available to be raised in first round of litigation: HCHeavy downpours drown Dubai; Airport issues travel advisoryGST - If the Proper Officer was of the view that any further details were required, the same could have been specifically sought before passing any order - Matter remitted: HCHM pledges to make India completely Maoist-freeGST - Proper Officer has not applied his mind to the reply submitted and has merely held it to be devoid of merits - Order set aside and matter remitted: HCGST - Order was issued without hearing the petitioner - It is just and necessary to provide an opportunity to petitioner to contest the tax demand on merits: HCGST - Classification - It is incumbent on the respondent to duly consider all contentions raised by petitioner objectively without any pre-determination: HCGST - Whether the amount reflected as ITC tallies with the value of credit notes issued - Petitioner's explanation not duly examined - Matter remanded: HCGST Penalty of Rs. 3731 Crores on an employee!CCI okays acquisition of additional shareholding of Thyssenkrupp by Protos EngineeringMicrosoft to inject USD 1.5 bn in AI Group G42 of UAEDRDO organises workshop on 'Emerging Technologies & Challenges for Exoskeleton'Canadian budget proposes more taxes on higher income groups & tax credits for EVsI-T - Since application filed for condonation of delay is rejected by order without stating reason is set aside and application is restored for reconsideration: HCWorld leaders appeal for quick ratification of UN Ocean TreatyI-T- Re-assessment - if assessee submits objections thereto, then AO must pass order dealing with objections & also establish that facts presented by assessee are prima facie incorrect: HCUK House debates ban on smokingI-T- Deduction u/s 43B in respect of GST cannot be disallowed, where assessee is found to have paid GST before due date of filing ITR: ITATGlobal economy to grow at 3.2% in current year and also 2025: IMFGST - Ice cream placed at par with Pan Masala and tobacco - No reason assigned by Council to exclude Ice Cream manufacturers from Composition Scheme - Socio-economic effect should have been taken into consideration - Council should reconsider: HCGreat Barrier Reef in Australia suffers serious bleachingVAT - Input Credit - mere production of invoices or payment made by cheques/RTGS is enough to discharge burden of proof upon assessee: HCUS to impose fresh sanctions on Iran’s missile programmeIMF projects India’s growth for 2025 to be 6.8%Delhi Police nabs woman for thieving luxury SUVsCus - In respect of commercial invoice, which shows no details of duty paid, question of taking of any credit would not arise at all : CESTATMega inferno burns down 17th century Copenhagen building
 
ICAO Audit finds safety system in place

By TIOL News Service

NEW DELHI, NOV 18, 2017: UNDER the International Civil Aviation Organization's (ICAO) Universal Safety Oversight Audit Programme, a five member audit team carried out the audit of India in areas of Personal Licensing, Airworthiness, Operations, Legislation and Organization from 6th to 16th November.

The audit involved verification of response provided by DGCA against protocol questions made available by ICAO. Verification process consisted of checking the documentary evidence, perusal of relevant files, discussions with relevant officers and industry visits. Teams visited Chennai, Mumbai and CATC, Allahabad to ascertain the implementation of safety related procedures as per regulations laid down by DGCA in line with ICAO annexes/documents.

As per preliminary feedback, the audit team was satisfied with the safety system put in place by the safety regulator. As per procedure laid down by ICAO, the audit team presents its report to the headquarter team and draft report is made available to the state in about 90 days. The state is required to provide its comment and draw its action plan on various aspects of the report and make it available to ICAO within 45 days. Thereafter the report will be finalised and made available to member states.


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