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GST - Credit card holder offered loan - Service rendered by Citi Bank in extending loan is nothing but a service pertaining to the said credit card - Interest component of EMI of loan advanced by bank is not exempted: HCGST -Since the petitioner has prayed for a relief to compel the respondent bank to grant exemption, the writ petition is maintainable: HCCus - Order cancelling Special Warehouse Licence is an appealable order before the Tribunal - Respondent to work out the remedies in accordance with law: HCGST - Printing of content provided by recipient using paper & materials of applicant and supply of such printed leaflets to recipient is a composite supply - Supply of service of printing is principal supply; GST @18%: AARCX - SVLDRS, 2019 - In the SCN, it is not mentioned that the duty demand is jointly and severally payable - A co-noticee is one who is liable for the very same amount along with others: HCGST - Authority has proceeded to pass order for cancellation of registration on new material or facts which neither formed part of SCN nor the same were disclosed to writ applicant - Order set aside: HCGST - TRAN-1 - Rule 117 being directory in nature, the time limit for transitioning of credit would in no manner result in forfeiture of rights even when credit is not availed within the period prescribed: HCGST - Age is just a numberI-T - Amount received in excess of amount standing to credit of partnership firm which is paid towards notional gain on revaluation of land is liable to tax : HCGovt revises tariff value of edible oils & goldI-T - Prosecution of assessee upheld where wilful concealment of correct income by not filing ITR within time stipulated, is clearly established : HCDigital Assets transfer - CBDT notifies Form 26QF for crypto exchangeI-T - Re-assessment - Best of judgment order - Assessee not diligent in pursuing matter, failed to give adequate reply to notices; cannot later allege contravention of natural justice: HCCBDT notifies NFT resulting in transfer of ownership to be excluded for taxation purposeI-T - One opportunity can be granted to assessee as offence is compoundable: HCNiti Aayog & WFP table report on Take Home Ration schemeI-T - Case can be fixed for either limited scrutiny or complete scrutiny and in case it is for complete scrutiny, then no written approval is required by AO from PCIT: ITATConsumer Price Index for Industrial Workers for May 2022 rises by 1.02%I-T - Penalty imposed u/s 271(1)(c) sustained where assessee does not submit any evidence to show that it made voluntary disclosure during assessment proceedings, before detection of bogus loss claimed: ITAT8 Core Industries - Power, Cement, Coal & Fertilisers record high growth in May 2022I-T - Assessee did not write off provisions for doubtful debts due to fear of losing right to civil proceedings for recovery of debts; deduction allowed for provision of doubtful debts: ITATGovt releases calendar for Treasury Bills auctionI-T - Amount received in excess of amount standing to credit of partnership firm which is paid towards notional gain on revaluation of land is liable to tax : ITATGST Tribunal - Challenge is to remove microbes of bias in fleshing it out!Cus - Once in 100% EOU, raw material imported duty free is used in manufacture of final product and same is cleared on payment of duty in DTA, customs duty on raw material cannot be demanded: CESTATGST FileCX - Empty packaging material of cenvatable input is not liable for payment either as excise duty or as cenvat credit under Rule 6(3) of CCR, 2004: CESTATGovt releases Public Debt Management report for Jan-Mar 2022ST - Relevant date for computing six months periods under Notification No. 41/2007-ST to be taken the date when service tax paid and not first day of month following quarter in which export made, merely on the ground of limitation refund cannot be rejected: CESTATMigration of e-BRC Portal/Website to new IT platformST - Since the typographic error in challan number and corelation of compiled record of appellant is impressed upon by them, request of remanding the matter is hereby accepted: CESTAT
 
Port Blair Airport to get new terminal building by October, 2022

By TIOL News Service

NEW DELHI, MAY 20, 2022: GATEWAY to the pristine islands of Andaman &Nicobar, Veer Savarkar International Airport, Port Blair is soon going to have a new terminal building. Considering the surge in the passenger traffic, Airports Authority of India has undertaken thework for Construction of New Integrated Terminal Building at an estimated cost of around Rs.707.73 Crore.

With total built up area of 40,837 sqm., the new terminal building will be capable to handle 1200 passengers during peak hoursand about 40 lakhs passengers annually.The new passenger terminal building will have three floors comprising of lower ground, upper ground and first floor.Thelower ground floor will be used as remote arrival, bus lounge and service area, the upper ground floor as access to the terminal building for departure andarrival of the passengers and the first floor as Security Hold Area (SHA) for international passengers.

Inspired from nature, the design of the terminal is a shell shaped structure depicting sea and islands. New Terminal Building is a Large Span (120 Mtr) structural steel framed building provided with aluminum sheet roofing and cable net glazingall around.The entire terminal will also have 100 per cent natural lighting for 12 hours a day which will be achieved by skylights along the roof.The world-class building will be equipped with 28 check-in counters, three passenger boarding bridges and four conveyor belts. City side area of the airport will also be developed with adequate parking facilities for car, taxi and buses along with the landscaping.

The work for construction of additional Apron area is also in progress which will add four additional baysfor the parking of the aircraft. More than 80% of project work is completed and the development project is targeted to be completed by October, 2022.

The operationalization of new terminal building will give boost to the expansion of tourism industry andthereby improving economy of the region. The increased connectivity will not only create new employment opportunities for the local community but also provide accessto better educational and medical facilities.


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