News Update

Tax rate reduced w.e.f January 2019 - Respondent reducing cinema ticket prices from 11.03.2019 and later increasing same from May 2019 which increase cannot be correlated to s.171 - Profiteering only during the period up to 10.03.2019: NAA007 - Sir Sean Connery leaves for heavenly abode at 90Sales figures of BOGO Offer rolled out on World Sandwich Day excluded while arriving at the profiteered amount - in similar cases, DGAP had included the same, therefore, the present computation is an aberration and unacceptable - reinvestigation ordered: NAACus - Alleged non-submission of Bank Realization Certificate after receipt of remittance on successful completion of an export cannot be construed to be a government due: HCCus - When Respondents had already issued licence and granted partial benefit under Target Plus Scheme, there cannot be any valid and justifiable reason for non-release of balance amount of benefit which has now become due: HCSteps being taken to moderate prices of pulses, onions & potato: GoyalIBC - In order to avoid any confusion and divergence of opinions expressed by different HC it is better that interpretation of provisions of IBC is taken up by SC: SC (See '')Cus - Article 226 is not meant to short-circuit or circumvent statutory procedures - no acceptable explanation for not having resorted to alternative remedy provided in statute - Petition dismissed: HCKVIC launches Muslin fabric masks for DiwaliGST - Whole objective of digitization is to convenience taxpayers and not to harass them - merely because there were no technical glitches on GSTN side, transitioning of credit could not have been rejected by IT-GRC: HCMethodology adopted is not in line with that adopted by the DGAP himself in similar cases of profiteering wherein average pre-rate reduction base prices have been compared with actual post rate reduction prices to compute profiteered amount - re-investigation ordered: NAACOVID-19 - Belgium goes for 6-week lockdown of non-essential activitiesMassive undersea quake of 7-magnitude kills many in Turkey & GreeceSCN u/s 143(2) issued at the old address of taxpayer is void ab initio, if it was issued at the old address even though the AO was made aware of the new address: ITATIncome tax raids contractors in Bihar; seizes cash & FDsWhere expenses are incurred in respect of a capital asset, such expenses do not mechanically become capital in nature: ITATAtmanirbhar Bharat is about relying on private sector: CEACX - As the order was passed by the authorities below before issuance of s.11C notification, matter is remanded to determine applicability of the exemption notification: CESTATCus - 228-day delay in filing appeal is condoned where assessee's employee who was handling the matter, indulged in theft & left the assessee's employment without informing anybody, leading to disruption of normal functioning of the office - Cost of Rs 1 lakh imposed on assessee: CESTATFinance Commission concludes deliberationsGovt working on production-linked sops for more sectorsOfficers who are invested with powers u/s 53 of the NDPS Act are 'police officers' within the meaning of s.25 of the Evidence Act: SC by MajorityCus - 200% Customs duty on imports from Pakistan not applicable as goods entered territory of India prior to the issuance/uploading of the notification 5/2019-Cus dt. 16.02.2019 at 8.45 pm: HCIDS - Input Services & capital goods - Awaiting their fateCus - Kerala gold smuggling case - Power of Customs Department to question applicant u/s 108 cannot be curtailed by granting anticipatory bail: HCStatement recorded u/s 67 cannot be used as a confessional statement in the trial of an offence under the NDPS Act: SC by MajorityCOVID-19 - Second wave is back with vengeance - Over 5 lakh daily global caseload is backFinance Commission to submit its report to President of India on Nov 9ITR filing - CBDT extends due date including that of Audit reportCOVID Effect - Devolution of taxes - States get Rs 51K Crore less so farPakistan wittingly admits a hand in Pulwama terror attackCX - Once the proportionate reversal of CENVAT credit takes place, it tantamounts to non-availing of credit: CESTATCus - Ignorance of law and cooperation in investigation are mitigating factors & per se cannot take away the guilt of attempting to bring goods into India without payment of duty: CESTAT'Filthy Air' Saga - Is it not a case of Pot calling Kettle black!GST - DGGI nabs man accused of Rs 392 Cr ITC fraud
Special Pax Trains score 82% average occupancy: Goyal

By TIOL News Service

NEW DELHI, SEPT 17, 2020: TRAIN services were started in phases as special trains-

(i) 15 pairs of Rajdhani specials were introduced with effect from 12/05/2020.

(ii) 100 pairs of special trains were introduced with effect from 01/06/2020.

(iii) 43 pairs of special trains were started from 12/09/2020.

(iv) 705 Suburban services (Central Railway-355 & Western Railway-350) were started from 15/06/2020.

(v) Additional Special trains, in coordination with the State Governments, were also run as per demand for Ganapati festival, and IIT-JEE/NEET and NDA & Naval Academy examinations conducted by Union Public Service Commission (UPSC).

Important provisions of Standard Operating Protocol (SOP) for movement of passengers by trains are as under:-

1. For reserved trains, only reserved tickets are issued and confirmed ticket holder are allowed to enter the Railway Stations.

2. No linen, blankets, curtain is provided.

3. All passengers to reach station at least 90 minutes to two hours in advance.

4. Provision of separate entry and exit gates at Railways Stations to the extent feasible.

5. Provision of Thermal Screening at the Station. Only asymptomatic passengers are permitted to travel.

6. Passengers are advised to wear mask/face cover at Stations and in the train.

7. All passengers are advised to download and use the Aarogya Setu Application.

8. Advised to observe social distancing both at Station and on trains.

9. Advised all passengers on arrival at destination Station to follow the health protocol as prescribed by destination Station/Union Territories.

Whenever such instructions are issued, the same is publicized through different media at Ministry/Zonal/Division/Station levels, etc.

As regards occupancy, the pattern of occupancy of trains on Indian Railways, including that of special trains, varies across different sectors and seasons. The occupancy of special trains operated from 12.05.2020 onwards is not uniform and it varied on different sectors. However, during the period from 12.05.2020 to 31.08.2020, the average occupancy of these Special trains was approximately 82%.

This information was given by the Minister of Railways and Commerce & Industry, Mr Piyush Goyal in a written reply to a question in Lok Sabha yesterday.