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GST - Contracts executed in pre-GST regime - State Govt. itself had assured that contractors who have paid GST in the matter of such contracts would be refunded - State authorities should immediately process such claims, within an outer limit of 90 days: HCGST -SCN cannot be issued u/s 74 on 'borrowed satisfaction' -Respondent was required to redo the investigation and come to an independent conclusion and only thereafter a SCN could have been issued: HCGST - Coercive measures for recovery of outstanding demand - Petitioner willing to deposit more than the pre-deposit amount required for filing appeal before Tribunal - Hold on Bank account to be lifted thereafter: HCCus - Notfn 102/2007-Cus - Refund of SAD - Mere conversion of imported logs into Sawn Timber without loss of identity of the original product would not deprive the importer of the benefit of the exemption notification: HCMisc- CA involved in creating fake invoices and passing ITC of 5.08 crores - Punishment by ICAI of removing name from Register of Members - Petitioner should invoke statutory appeal under CA Act, 1949: HCProperty Tax - Order passed by the Appellate Authority is amenable to revisional jurisdiction of the High Court - Petition not maintainable: HCGST - Hospital outsources food for in-patients - Such supply made by applicant is not exempted under entry no.74 of 12/2017-CTR: AARWilting China to face formidable trade pushbacks in 2025!Hindenburg Research promoter decides to shut downI-T- Section 275(1)(a) does not impose absolute bar on initiating penalty proceedings during pendency of appeal; it only limits period within which such proceedings can be completed: HCSC orders construction of separate toilets for transgender in premises of all courts & tribunalsI-T- Where assessee has alternative statutory remedy available under I-T Act, it is not appropriate to address merits of the case or interfere with re-assessment process: HCUS eases restrictions on three Indian nuclear entitiesI-T- Writ petition assailing Search assessment proceedings is invalid, where filed by assessee at the very end of limitation period: HCIsrael, Hamas hammer out ceasefire deal for 42 daysI-T - Expenditure which was not for acquiring any tangible or intangible asset but for conducting business of banking better and more efficiently, is revenue expenditure for banks: ITATWorld Economic Forum survey - Armed conflict top risk in 2025I-T - Once resolution Plan has been approved by Adjudicating Authority, then all proceedings pending in respect of Corporate Debtor are barred thereafter and cannot be allowed to continue: ITATBiden says oligarchy evolving in AmericaI-T- Merely because, for another year purchases made by assessee from the said concern AVPL have been treated by the AO as bogus, that in itself cannot be made the sole basis to treat the purchases made by the assessee from the said concern for the year under consideration as bogus: ITATHundreds feared trapped in illegal mines in South Africa; 78 bodies retrievedI-T - AO cannot discard report of registered valuer regarding determination of fair market value of land, without making reference to DVO: ITATTrump likely to undo ban imposed by Biden on TikTokI-T - Addition of unexplained expenditure is required in hands of assessee, if he has utilised funds from foreign credit cards for his personal use and owners of credit cards never claimed that said expense belong to them: ITATIndia’s merchandise exports down by 1% in Dec monthInter-state movement of goods from head office to other branch is not an incidence of Annual Maintenance Contract; Such movement amounts to branch transfer transactions not attracting central sales tax: CESTATFDA bans red dye used in candy & bubblegumGovt issues 'Regulatory framework for Ground-based BroadcastersMere existences of pre-existing purchase orders, prior to movement of goods, does not automatically imply that entire movement constitutes inter-state sale, particularly when goods are stock transferred in regular course of business: CESTATRailways operates 137 special trains on day 3 of ongoing MahakumbhCX - Rejection of CAS-4 certificates submitted by assessee during adjudication on grounds of them being photocopies, is arbitrary & contrary to principles of natural justice: CESTATIndia first responder for Global South in times of need: GoyalCus - Since the deposit is not a tax, question of department retaining the amount even after assessment is finalised does not arise : CESTATAlliance Air introduces 3 new routes connecting ManipurCus - Commissioner of Customs not vested with authority to modify EPCG licence issued by DGFT or read additional conditions into it, such as imposing a restriction on year of manufacture: CESTATMoS highlights unique initiative of Pravasi Bhartiya DivasCX - As settled by CBIC, cross-utilization of credit from common pool without requiring one-to-one correlation between credit on inputs & output service tax, is permissible: CESTAT
 
India first responder for Global South in times of need: Goyal

By TIOL News Service

NEW DELHI, JAN 16, 2025: INDIA today is known as the first responder to the Global South for its humanitarian initiatives in tines of natural disasters. This was stated by Union Minister of Commerce & Industry, Piyush Goyal during his address at the World Congress on Disaster Management, Disaster Risk Reduction (WCDM-DRR) Awards today in New Delhi. Goyal said that Indian government is there for every person in distress within the country and in the world. That is true global leadership and that is the philosophy of India, he added. 

Goyal pointed out that India is known to provide disaster management to the neighbouring countries in flood prevention, flood control and in mitigating other disasters. Goyal noted that during Covid, India provided free vaccines to over 100 countries through the 'Vaccine Maitri' humanitarian initiative. 

The Minister said that disaster relief insurance claims is an area where work needs to be done in creating awareness and providing faster disposal of the claims in a seamless manner and nobody should need to approach the courts to get relief. Speaking of responsibilities of all parties concerned, the Minister said that the victims must refrain from making exaggerated claims and noted that such claims only delay the process. Factual, correct assessment and analysis will help the authorities in settling disaster relief claims faster and giving relief to the deserving, the Minister said. 

Referring to the rile of armed forces in rescue and relief operations, Goyal highlighted the sacrifices made by the Army, Navy, Airforce and the Central and State Rapid Action Forces. He praised the Indian Meteorological Department (IMD) for their efforts in disaster prevention and reducing the magnitude of casualties in recent times.

Goyal stressed that managing disaster crisis is a whole-of-the-government approach that the Prime Minister Narendra Modi has focused on and also pointed out that the Principal Secretary to the Prime Minister, PK Mishra is respected worldwide when it comes to disaster management. He also noted that a holistic approach on PM's 10-point agenda of - integration, risk coverage, women leadership, risk mapping technology, research, media, capacity building, learning and international cooperation will help the nation build climate-resilient infrastructure in India.

Goyal stated that education on disaster management must be taught from an early age which will boost India's disaster resilience and help prevention also.

The Minister shared that relief funds are already provided to the States as part of the annual budget and further aids are provided in the face of a bigger disaster. The combination of the State Disaster Relief Fund (SDRF) - National Disaster Relief Fund (NDRF) is also a form of huge reassurance for the nation. He also shared that the budget for disaster relief has been increased three times in the last ten years. Goyal informed that the recently passed the Disaster Management (Amendment) Bill, 2024 will provide benefit to the nation in terms of creating a database of the disasters at the national and the state level.


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