News Update

SC tosses out Jharkhand State appeal in Deoghar airport caseCX - Prices under MoU for inter-supply of petroleum products, designed to ensure nationwide distribution, do not constitute 'transaction value' and are exempt from excise duty due to their non-commercial nature: SCCus - Import of Wireless Access Points which operate on MIMO technology, are exempt from Customs duty: HCCus - Imported Wireless Access Points, which only use Multiple Input/Multiple Output technology, are entitled to BCD exemption as per Notification No. 24/2005-Cus as amended: HCNDPS - Procedural irregularity in applying provisions of Sections 50 & 52A lack merit, where the same does not invalidate evidence against accused: HCNDPS - Heroin seized from claimant is in commercial quantity; applicant gives no reasonable grounds to assure that offence will not be repeated while on bail - bail denied: HCGST - Penalties should reflect legislative intent, ensuring proportionality, moderation, & fairness: HCGST - Section 129, governing detention, seizure, & release of goods in transit does not supersede Section 126, which mandates moderation in penalty imposition for minor breaches or procedural lapses: HCGST - non obstante clauses should not be interpreted as overriding or nullifying other statutory provisions unless clearly intended by the Legislature: HCGST - Exclusion of Section 126(6) for fixed penalties reflects legislative intent to distinguish between discretionary & non-negotiable penalties, ensuring uniformity in cases involving fixed sums or percentages: HCGST - Non obstante clauses like those in Sections 129 & 130 of CGST Act must be contextually construed & not interpreted as creating inevitable levy of tax or penalty: HCImporting 'Dates'- The Country of Origin conundrumTrump grants oxygen to TikTok for 75 daysCus - Principal Commr's finding is based purely on conjectures and surmises; was not justified in ignoring the certificate of origin and whose authenticity has not been doubted by the competent UAE authority, nor has it been cancelled: CESTATTrump orders assessment of tariffs against Canada, China and MexicoST - Assessee cannot claim non-receipt of O-i-O, where it is delivered at assessee's address by the Postal Department, with proper acknowledgement: CESTATTrump says US to withdraw from Paris Climate treatyST- Credit of service tax in respect of testing and analysis service is eligible as input service: CESTATPresident Trump announces crackdown against immigrants on Mexico border + vows to take control of Panama Canal + No work from home for federal staff + pardon for Jan 6 rioters + suspends US refugee program - 1600 Afghans stuckMusk flags China’s ban on X as TikTok talks continueST - Composite works contracts are classifiable under Works Contract Service, effective from June 1, 2007, & cannot be taxed under other heads prior to this date: CESTATTanzania confirms spread of Marburg virus diseaseCX - Error in address being an inadvertent mistake by service provider, is not a valid reason to deny CENVAT credit: CESTATSenate confirms Marco Rubio as Secretary of StateI-T- Passing assessment order in the name of a non existing entity is an error which cannot be rectified under the provisions of Section 292B: ITATTrump announces DOGE advisory group; Vivek Ramaswamy quits DOGENo pause to raging violence; Colombia declares state of emergency against left-wing guerrillas24 Companies selected under PLI Scheme for White GoodsFresh guidelines for implementation of e-Office in Central SecretariatMeitY develops 'Entity Locker' for business document management
 
Chouhan conducts review of Agri schemes and programs

By TIOL News Service

NEW DELHI, JAN 21, 2025: UNION Minister for Agriculture Farmers' Welfare and Rural Development Shivraj Singh Chouhan yesterday held review meeting on Agriculture issues with the senior officials of the Agriculture Ministry. Several issues related to the progress of rabi sowing, weather conditions, pest surveillance through National Pest surveillance system (NPSS), marketing of Agri products including the import and export of the produce are figured in the review meeting.

Union Minister said, apart from he himself holding weekly meeting on the farm issues, he shall also periodically hold meetings with the State Governments at the Agriculture Ministers level. He wanted even the officials to consistently engage with the State Governments on these issues, as addressing the issues at ground level would require involvement of the State Governments' officials.

The total area sown as on 17th January 2025 is 640 lakh hectares compared to 637.49 lakh hectares in the corresponding period of last year which is higher by 2.51 lakh hectares. The overall crop coverage and crop condition is better than previous year. The sowing of rabi Tomato, Onion and Potato (TOP) are going on and as on date the current year sowing of TOP crops is higher than corresponding period of the previous year.  

The Mandi prices of wheat (0.46%), Mustard (0.14%), Soybean (0.25%) have increased week on week. whereas Arhar (1.22%), Rice (1.20%) Gram (0.67%), Potato (6.34%) and Tomato (6.79%) have decreased week-on-week.

Currently Wheat, Rice, Gram, Mustard and sesame are getting price higher than Minimum Support Price (MSP) in the market.


POST YOUR COMMENTS
   



TIOL Tube Latest

Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi



Technical Session I - Ease of Doing Business: GST on Digital Economy