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PMLA - Once accused has got bail in money laundering case despite stringent conditions under PMLA, his further detention in predicate offence by CBI under Prevention of Corruption Act, is untenable: SC (See 'TIOLCorplaws')SC grants bail to Kejriwal in liquor caseCus - Smuggling of 5kg gold - Only on the basis that the vehicle used in the crime was in the name of the applicant's brother, gravity of offence cannot be mitigated - Application for anticipatory bail rejected: HCCus - Revenue is directed to consider the application of petitioner seeking release of seized gold bars/cutting bars: HCGST - SCN does not mention any proposal to cancel registration with retrospective effect - Petitioner to exercise efficacious remedy of statutory appeal: HCGST - Registration cancelled pursuant to directions received from Anti-Evasion branch - Such communication was neither mentioned in SCN nor accompanied it - Violation of principles of natural justice: HCGST - Unauthorised persons accompanying raiding team and copying data from computer - No panchanama drawn - Since petitioner has complained to police, Bench has no reason to believe that the said complaint will not be processed: HCGST - Cancellation of a taxpayer's registration does not absolve the taxpayer from being held accountable for any statutory non-compliance or absolves it from any liability: HCGST - Cancellation of registration - SCN is not intelligible - Observation in order that petitioner had secured its registration by submitting fake documents was not the allegation made in SCN - Order set aside: HCGST - Cancellation of registration - As appellate authority has dismissed appeal, respondent authorities will not be able to exercise revisional power, hence order set aside and matter is remanded to assessing officer at SCN stage: HCClassification of auto-components- The phoenix raises againGas leak for chemical factory in Maharashtra scares peopleI-T- Merely proving the identity of the investor does not discharge the onus of the taxable in the capacity or creditworthiness has not been established beyond doubt: ITATTrump promises to cut taxes on overtime payI-T - Remittance made by assessee to foreign subsidiaries is not taxable in India in hands of recipient company, and there is no obligation for payer i.e. assessee to deduct tax at source u/s 195: ITATNo more debate with Harris, says TrumpI-T- Expenses incurred by assessee-company for business purposes & for recovering advances given by assessee to a land aggregator, merit being allowed u/s 37: ITATIsrael to deny Press Cards to Al JazeeraI-T- Advances given by assessee & later written off as losses following assessee's inability to recover them, qualify as business loss & not capital loss, considering such advances were given for acquiring business inventories : ITATNY Police chief quits after phone seized by Federal agentsI-T- Additions framed u/s 69A unsustainable where framed in respect of assets supposedly owned by assessee, but where such assets do not reflect in assessee's books of accounts: ITATMusk dubs Australian Govt fascist for proposing penalty on social media for misinformationDGFT - implementation of export regulations be guided by rationality; import, export regulations must balance economic interests with national & global security concerns: HCUS imposes sanctions on 16 officials linked to Venezuelan PresidentIndia-US working together in areas like critical minerals & supply chains: GoyalCBIC extends export-related benefits for exports made through courier modeDGFT - Items certified by domain experts as having civil use & allowed within ambit of export policy, cannot be prevented from export solely on grounds that such items may have potential military applications: HCOdisha reserves 10% reservation for former Agniveers in State Uniform ServicesDEA notifies new Forex Compounding RulesDGFT - GE CF-34-8E5 aero gas turbine engines, certified for civil aviation use by DGCA & cleared by DRDO, has no potential military application; does not fall within restrictions of SCOMET list or Catch-All provisions: HCPM E-DRIVE Scheme aims at promotion of electric mobilityST - Activity of clinical trial on drugs supplied by foreign service recipient to assessee amounts to export of service & hence does not attract Service Tax: CESTATGreen Hydrogen: CIAL, IOCL, and GAIL lead with New InitiativesCX - Supplies made to developers of SEZ are eligible for exemption as per Notification No. 50/2008-CE (NT) dated 31.12.2008; tax demand and recovery of Cenvat credit is unsustainable: CESTAT
 
India to soon be hub for export of Hydrogen: Puri

By TIOL News Service

NEW DELHI, SEP 26, 2023: REITERATING Prime Minister's vision that not only will green hydrogen be the basis of green growth through green jobs but it will also set an example for the world towards clean energy transition, "Addressing the nation from the ramparts of the historic Red Fort in Delhi, Hon'ble Prime Minister announced self-reliance in energy production through a mix of electric mobility, gas-based economy and taking Green Hydrogen on Mission mode," said Union Minister of Petroleum & Natural Gas and Housing & Urban Affairs Hardeep Singh Puri, addressing on the occasion of flagging-off 1 st Green Hydrogen Fuel Cell Bus from Kartavya Path, New Delhi. Rameswar Teli, Minister of State for Petroleum and Natural Gas & Labour and Employment; Pankaj Jain, Secretary, MoP&NG, S M Vaidya, Chairman, IndianOil were also present on the occasion.

Flagging-off the first Hydrogen cell bus in presence of young school children, officials and media persons, Hardeep Singh Puri explained the concept of Hydrogen and the benefits of using it as the fuel for future, "The fuel cell utilizes Hydrogen and air to generate electricity to power the bus and the only by-product from the bus is water therefore making it possibly the most environmentally friendly mode of transportation as compared to conventional buses that run on diesel and petrol. With three times the energy density and the absence of harmful emissions, hydrogen shines as a cleaner, more efficient choice to meet the energy requirements." Additionally, the buses powered with hydrogen cells takes few minutes to fully charge itself, added Puri.

Speaking about the Government's ambitious plans on clean and green energy, Hardeep Singh Puri said that emerging fuels like hydrogen and bio-fuels shall account for 25% of global incremental energy demand growth over the next two decades. "With one of the largest synchronous grids in the world, we have achieved ‘One Nation-One Grid-One Frequency', and would soon be global champion in production and exports of Hydrogen and is set to emerge as the Hub for green hydrogen", he added.

Complimenting Industry and Government's collaboration in taking India on a global platform and ensuring that it becomes a global hub for cleaner technologies and achieving self-reliance in energy soon, "We were privy to the launch of the world's first BS 6 (Stage II) Electrified Flex Fuel vehicle prototype that encompasses both the flex fuel engine as well as an electric powertrain that offers higher use of ethanol combined with better fuel efficiencies. Now with flagging-off the first two hydrogen cell buses, we have set the ball rolling and expect another 15 such buses to ply on Delhi NCR roads by the end of this year", stated the Petroleum Minister.

Marking the green hydrogen powered buses as a game changer for the city transport in the Country, Hardeep Singh Puri complimented IndianOil for undertaking this collaborative approach along with Tata Motors for development of indigenous solutions pertaining to Fuel Cell and hydrogen infrastructure in the country. "Success of this project can catapult India from being net importer of fossil energy to becoming net exporter of clean hydrogen energy", added Puri.

Speaking on the occasion, Rameshwar Teli said, "The Green Hydrogen Mission which aims to establish a Green Hydrogen ecosystem in India, is on a developmental and progressive path. Hydrogen will be a key player in the transition to a carbon-free economy and will help mitigate climate change. Today's launch will certainly revolutionize India's firm commitment of being a cleaner and greener nation."

Addressing the gathering Pankaj Jain, Secretary, MoP&NG said that we are at a crucial inflection point of technology and mobility. "Today's flag off of Green Hydrogen bus is a symbol of how mobility will transform and how India will move away from conventional fuels. My compliments to IndianOil for this revolutionary foray in hydrogen". He also encouraged school children to be inquisitive about new green technologies and learn about how these technologies will move us away from internal combustion engines.

Earlier in the day, welcoming the dignitaries, S M Vaidya, Chairman, IndianOil said that Hydrogen, is poised to be game changer in India's ambitious quest to achieve Net-Zero emissions by the year 2070. "In-line with Hon'ble Prime Minister's vision for National Green Hydrogen Mission, today's flag-off of green hydrogen fuel cell buses is a testament to IndianOil's steadfast commitment towards devising sustainable solutions for greening the Mobility sector. With the active support from Go vt. of India and Ministry of Petroleum & Natural Gas, this milestone marks a pivotal stride in nation's journey towards zero emission mobility. Under this program, 15 fuel cell buses will be plying on specified routes in the Delhi NCR Region to establish the performance data under Indian operating conditions. These 15 buses shall cover a cumulative 3 lakh kilometres to establish the efficacy, efficiency and sustainability of the complete value chain."


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