News Update

CBIC New Members directed to retain their CC charge till further orderCOVID-19: India tests more than 6 lakh in 24 hours for second day in a rowCBIC issues attachment order of three senior IRS officersPersistent lockdown further slows down Services PMI for July monthNoted singer S P Balasubrahmanyam tests positive for COVID-19Slump sale versus Transfer of going business and Merger under GSTInventory Write-off - Post-GST & Pre-GST (See 'THE INSIGHT' in fire in Beirut warehouse of flammable materials - Over 50 killed & 500 injuredGST Compensation - Gift, Statute, Trust?ST - No service tax payable under 'reverse charge mechanism' in respect of service charges paid to Rajasthan Police who are peforming statutory function of safeguarding currency chest: CESTATCus - 'GoPro HERO5 Black' Action Camera is classifiable under CTH 8525 8020 and entitled for benefit of duty exemption provided under 50/2017-Cus: CESTATFaceless Assessment - Over 58K cases selected to be disposed off by mid-September: CBDTST - Mining as a separate category of service liable to Service Tax was introduced only w.e.f. 01/06/2007, therefore, no demand prior to this date: CESTATCX - Buyers' premises can never be place of removal - Therefore, no CENVAT credit is admissible on outward transportation of goods even though sale of goods is on FOR destination basis: CESTATST - Activity of conducting Government transactions on behalf of RBI, carried out by assessee-bank, is of the nature of sovereign function performed on behalf of the Government & hence is not taxable: CESTATCOVID-19: Recovered cases now more than double of Active casesCus - Betel Nuts are not notified goods u/s 123 of Customs Act & so onus of proving foreign origin & smuggled nature of a particular consignment, rests with the Revenue - seizure of such goods is not tenable where proper documents are submitted by importer: CESTATOrder passed u/s 201(1) & 201(1A) is not sustainable where the officer who passed such order is not vested with jurisdiction over TDS matters: ITAT10,000 participants competed for 36 hours in 4th edition of Smart India HackathonTax and interest liability computed by AO on a different sheet of paper, will form part of the assessment order where the AO approves such computation immediately or some time later: ITATUnder PMGKAY-2, total 44.08 LMT food grains lifted by StatesProvision for costs on completed contracts based on identified & ascertained present liabilities, is allowed where based on technical assessments & projections of project managers, who are experts in their field: ITATDGFT allows export of all ventilators including breathing devicesCOVID-19: Global tally rises to 1.86 Crore & Death toll rises to 7 lakhDifficulty in activation of TAN & being informed about TDS liability only upon receiving demand notice, is sufficient plea to explain delay in filing returns: ITATRetailing of petro products - Govt eases guidelinesBihar Govt recommends CBI probe into Sushant Singh Rajput case
30 Cr vehicles plying on road - Steps being taken to promote e-Vehicles: Govt


By TIOL News Service

NEW DELHI, DEC 11, 2019: AS per information received from Society of Indian Automobile Manufactures (SIAM), there are about 30 crore vehicles plying on the road which are based on internal combustion engine.

Department of Heavy Industry is implementing a scheme namely Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India [FAME India Scheme] with an objective to promote manufacturing and adoption of electrical vehicles (EVs).

Under the Scheme, it is planned to support about 10 lakh e-2 Wheelers, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 7000 e-Buses through demand incentives with an outlay of Rs. 10,000 Crore for a period of 3 years commencing from April 1, 2019. In this Scheme, the emphasis is being given on electric vehicles, used for public transport or those registered for commercial purposes in e-3W, e-4W and e-bus segment. Privately owned registered e-2W are also covered. Under the Scheme, the demand incentive is linked to battery capacity i.e. Rs. 10,000/KWh for all category of vehicles except e-buses where it is Rs. 20,000/KWh. SIAM is supporting the Scheme.

In addition, a budget provision of Rs. 1000 crore has been made for setting up of charging infrastructure under the Scheme and Department of Heavy Industry had issued an Expression of Interest (EoI) inviting proposals for establishment of 1000 charging stations under this phase of the Scheme .

Under Phase-I of FAME-India Scheme, the Government has supported about 500 charging stations to establish electric vehicle charging stations in the country.  Out of about 500 charging stations sanctioned under Phase-I of FAME-India Scheme about 230 charging stations have been installed.  Further, Energy Efficiency Services Limited (EESL) under the Ministry of Power has deployed 65 public charging stations for EVs in the country. EESL is also deploying around 300 AC and 170 DC captive chargers across Government offices in the country.

As per information received from EESL, the time required to charge an e-vehicle depends on the rated capacity and type of charger. DC-001 (15kW) charger takes around 70-80 minutes for complete charging (0-100%) for e-car with battery capacity of 18kWh. The unit cost of charging per unit is Rs 9.5 plus GST for public charging stations operated at NDMC, Delhi.

This information was given by the Minister of State Heavy Industries & Public Enterprises, Arjun Ram Meghwal , in a written reply in the Lok Sabha yesterday.