News Update

Farmers squat on railway tracks; 54 Amritsar-route trains cancelled4 killed & 19 hurt as truck bangs into tractor-trolleyMusk defers India’s trip citing heavy Tesla obligationsIndia needs to design legislative pills to euthanise tax-induced expatriation!I-T- Exercise of jurisdiction u/s 263 is invalid if AO has taken particular view, which though, may not be only view, but certainly can be possible view : ITATTorrential rains cause havoc in Pakistan; 87 killedI-T- Additions framed on account of unexplained money upheld as assessee was unable to prove source of cash deposited in assessee's bank account : ITATUS imposes sanctions on 3 Chinese firms and one from Belarus for transfering missile tech to PakistanDubai terribly water-logged as it has no storm drainsST - When services are received from separate source & accounted separately in separate ledgers, there cannot be any question of clubbing them under one category: CESTATEU online content rules tightened against adult content firmsCus - The continuous suspension of license of Customs Broker without either conducting an inquiry or issuing a notice for revocation of license or imposition of penalty is bad in law and needs to be set aside: CESTATEV market cools off in US; Ford, GM eyeing gas-powered trucksApple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HCNexus between Election Manifesto and Budget 2024 in July!
 
JNPT logs 5.7% growth in container handling

By TIOL News Service

NEW DELHI, DEC 09, 2017: JAWAHARLAL Nehru Port Trust (JNPT), handled 3.9 lakh TEUs in the month of November 2017, while recording a growth of 5.76% in container handling for the period Apr-Nov, 2017 as compared to same period last year.

Of the four terminals at JNPT, JNPCT handled 1.18 lakh TEUs, APM Terminal’s total stood at 1.66 lakh TEUs, DP World (comprising NSICT and NSIGT) together handled 1.06 lakh TEUs in the month of November 2017.

The Direct Port Delivery initiative under ‘Ease of Doing Business’ has been steadily going up and in the month of November, 34.73% of cargo was cleared through DPD, resulting in significant saving in transaction cost and time.

Another important initiative namely Inter terminal movements of TTs - was used by 15,267 trucks, completing 19,279 transactions in November. This initiative has resulted in saving of fuel worth Rs. 7.12 cr. since its start.

The month of November witnessed visits of many international delegations and purposeful developments. JNPT acquired a new Multi Utility Purpose launch as part of ‘Green Port’ initiative, which is being deployed for fighting minor oil spill in the port area and debris collection. Delegations from Antwerp Port visited JNPT to discuss the roadmap for making JNPT Antwerp Training Centre a world class Maritime training institute. A high-level delegation from Latvia headed by its Prime Minister also visited JNPT to see the port infrastructure and facilities. Delegations from Port of Halifax (Canada), Philippines and Indian Ambassador to Islamic Republic of Iran along with Iran delegation visited JNPT to explore the prospects of promoting trade.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.




Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.