News Update

Violence in Delhi - HM asks all parties to rise above party linesEESL completes a decade of helping India become energy efficientCBIC hikes tariff value for Gold5 SC judges catch H1N1 flu; Govt scrambles to take preventive stepsGST - Anti-Profiteering - Sanitary Napkins - Order of NAA stayed: HCCX - assessee is eligible to avail Cenvat Credit on group medical insurance policy taken for employees: CESTATCus - Where limitation period for converting drawback shipping bills into DFIA bills is not provided in Customs Act, same cannot be fixed through a Circular - time limit fixed by Circular is only procedural & lacks authority of statutory provision: CESTATST - Consideration is essential pre-requisite for rendering any service - no tax leviable if such element is missing & if business is conducted on principal-to-principal basis: CESTATCharges of concealment of particulars of income or furnishing inaccurate particulars thereof, are not sustainable, if additional income declared by assessee in returns is accepted by AO: ITATDisallowance made u/s 14A r/w Rule 8D is not tenable if quantum of interest-free funds exceed that of investments made: ITATNo enduring benefit arises from raising finances to fund a specialised job - cost incurred thereto is not capital expenditure: ITATACC issues appointment order of 17 Joint Secretaries, including an IRS officerCBDT lists 20 most contended issues - Govt to move SC to club all pending cases and dispose them, says Revenue SecretaryComputing profits from life insurance business, when computed u/s 44 r/w I-T Rules, do not entail an embargo on conducting scrutiny assessment: HCST - RTO charges and extra charges related thereto does not fall under BSS: CESTATChange in accounting method, resulting in disallowance of indirect expenses incurred, is not tantamount to concealing particulars of income - no penalty imposable: HCCX - Statutory return not designed to capture the particular grade/specification of material required for manufacture - For manufacture of automobile axle, 6 mm size of H.R. coil required, however, credit taken on other than 6mm and is rightly denied: CESTATUn-utilised amount received as grant from Government, cannot ipso facto be treated as income of the recipient of such amount: HCCX - Data retrieved from computer hard drive cannot be relied upon as evidence where computer was used by multiple persons & if no certificate u/s 36B of CEA is furnished in its support: CESTATRe-opening of assessment is invalidated if based on material already on record during original assessment proceedings & is tantamount to change of opinion: ITATST - Circular dated 18.05.2017 clarifies that turnover/transaction charges are to be included in gross value when computing service tax liability - penalties imposed are upheld if assessee collects an amount representing service tax, but does not deposit same: CESTATOyo, MakeMyTrip invite CCI eyeballs; Probe orderedFATF puts Mauritius on Grey List, triggers panic among FDI carriersPradhan invites investments, Technology Transfer into Indian Steel SectorShooters can now keep more firearms and ammunitionGST - Anti-Profiteering - Petitions challenging constitutional validity of s.171 of the CGST Act r/w rule 126 of CGST Rules and pending before Bombay HC, P&H HC transferred to Delhi HC (where 20 petitions are pending on subject matter) in the interest of uniform and consistent view on law: SCVseV Scheme - CBDT fixes 100% of disputed tax demand cases as target for officersACC appoints Rohit Yadav, JS, Ministry of Steel, as new JS in PMOTrump praises people of India for upholding democratic values; 1.25 lakh people welcome him at Ahmedabad stadiumCoronaVirus - Death toll soars to about 2600 in China; No of infected cases goes up to 77KGST - An agenda for reforms - Part - 74 -Anti-profiteering - Complaint sans statutory basis
 
186 Agri products testing labs tally goes up to 186

By TIOL News Service

NEW DELHI, JAN 20, 2020: AGRICULTURAL and Processed Food Products Export Development Authority (APEDA) has added 135 laboratories to existing 51 recognized laboratories. With this initiative APEDA recognition of laboratories has reached 186 laboratories across the country. The number of laboratories have increased in states with exporting potential like Maharashtra (35), Gujarat (23), Andhra Pradesh & Telangana (10), Tamil Nadu (23) and Karnataka (17). Laboratory testing requirements are crucial in agri export supply chain.

For increasing the laboratory network further, APEDA has taken a policy decision for simplification of APEDA recognition of laboratories. It has been decided that the laboratories which are NABL accredited will be recognized by APEDA and same will be added in the network of APEDA recognition laboratories. This will enable APEDA to continuously expand its recognition network of laboratories across the country and will enable the exporters to have an easy access to the laboratories for testing of APEDA scheduled products for exports.


POST YOUR COMMENTS