News Update

GST Council needs to focus more on structural flaws rather than 'scalpelling'!Cus - Penalty imposed on steamer agent for exporting goods with cancelled LEO - export remittance was received, indicating that export indeed occurred; Customs website reflected goods as ready for shipment - penalty quashed: CESTATIndia-Australia Trade Agreement celebrates 3rd Anniversary of signingCus - Exemption under EPCG scheme cannot be denied solely on grounds that it was not claimed at the time of import of relevant goods; exemption can be claimed at time of de-bonding of the goods: CESTATIndia surpasses US and Europe by producing 1,681 LocomotivesST - Reimbursable expenses, operational surplus and freight brokerage are not taxable under CHA or Business Auxiliary Services: CESTATGovt spurs Chip Manufacturing with Fiscal SupportST - As is trite law, renting of immovable property by municipalities may not be subject to Service Tax as it may be considered a sovereign function; case remanded for reconsideration: CESTAT42 Organizations publish 1459 write-ups under Anubhav Awards SchemeCX - Disallowance of Cenvat credit availed on inputs - SCN not issued & no justification given as to how Assessee was required to clear goods under full exemption as per Notfn No 04/2006-CE; denial of credit not tenable: CESTATDFS Secretary chairs meeting on revamping of Central KYC RecordsI-T- Anonymous Donation Addition Under Section 115BBC Requires Proper Verification : ITATTrump’s ‘Liberation Day’ - 10% baseline tariff on all exporters + 34% on China + 26% on India; 25% on South Korea; 24% on Japan & 20% on EUI-T- Requirement to Consider All Grounds for Condonation of Delay in Appeals : ITATImpact of tariffs - Gold hits new high + bonds surge but stocks nosediveI-T - If difference between guidance value as per Sec 50C and market value is less than 10%, then sale consideration of immovable property considered for computation can't be treated as 'under valued': ITATCentre imposes President’s rule in ManipurI-T- Penalty u/s 271(1)(c) unwarranted where assessee promptly rectifies mistakes in ITR & where additional tax liability is negligible: ITATLS votes in favour of Waqf Amendment BillI-T - Trade advances, which are in nature of commercial transactions, would not fall within ambit of word 'advance' in section 2(22)(e): ITATTrump exempts oil imports from tariffsI-T- Assessment Order Can Be Revised Under Section 263 If Key Issues Remain Unverified : ITATTrump relents on friends - Just 10% tariff on UK and AustraliaI-T- Additions framed u/s 153A based entirely on conjectures and surmises, are not tenable, where they have no particular factual or legal basis: ITATSouth African coalition in peril after budget is tabled without partner’s consentI-T- No addition can be made on account of discrepancy in stock, if AO has neither disputed corresponding purchases/ manufacturing stocks made by assessee before sale, nor disputed quantum of closing stock: ITATIsrael decides to acquire more territory in GazaI-T- As per settled position in law, TDS is not to be deducted on payments being reimbursement of expenses : ITATWaqf Bill - No provision to appoint non-Muslim in Board, says HMI-T- Registration u/s 12AB cannot be granted to an organisation whose objectives did not focus on general public welfare as required by the I-T Act: ITATRajasthan HC tosses out Asaram bail applicationI-T - Once, identity, genuineness of transactions and creditworthiness of creditor is proved, then sum received from creditor cannot be treated as income of assessee u/s 68: ITAT
 
APEDA boosts Millet Exports with trade fairs & global promotions

 

By TIOL News Service

NEW DELHI, APR 02, 2025: DEPARTMENT of Commerce, through Agricultural & Processed Food Products Export Development Authority (APEDA) organized trade fairs, exhibitions and Millet Conclave for awareness, usage and export promotion of millets. Under the International Year of Millets 2023, a host of activities were conducted in close association with Indian Embassies/Missions and Government departments, which included millet the med participation in international trade fairs, sampling events, millet galleries, international buyer seller meets etc. Further, Millets are one of the key focus areas for enhanced branding and publicity in key global and domestic fairs, in which APEDA participates.

The Government of India launched the National Mission on Natural Farming (NMNF), to promote natural farming in a mission mode across the country as a standalone Centrally Sponsored Scheme under the Ministry of Agriculture & Farmers' Welfare. NMNF aims at promoting natural farming practices for providing safe & nutritious food for all. There is significant scope for promotion of India's natural products abroad, based on availability of certified natural products, given the global trend of increasing demand for healthy and chemical free produce.

The government is taking focused initiatives for boosting India's agricultural exports making India a key exporter of agricultural products. Some of the key initiatives are:

i. Broad basing India's agricultural export basket by exporting new products.

ii. Penetration of exports into new markets.

iii. Exporting from new producing regions and exports.

iv. Enhanced branding and promotion of India's agricultural produce.

v. Increase export realization by value added agri exports.

vi. Expanding exports of Organic products.

vii. Enhanced training and capacity building of producers and stakeholders to ensure quality produce and meeting of phyto-sanitary requirements of importing countries.

viii. Development of Sea Protocols for enhancing exports of Perishable Horticultural produce.

ix. Linking Farmers Producers Organizations (FPOs) and Self Help Groups(SHGs)to the export value chain.

x. Enhanced market access through FTAs and engagements with trading partners.

To enhance the export of Indian agricultural products and to protect exporters from protectionist trade policies, the Government is actively engaging in intensive bilateral discussions with respective importing countries to secure market access and to address trade barriers. The Government is also engaging in Free Trade Agreement (FTA) discussions with trading partners for duty-free/concessional access to those countries. In case of barriers in the form of strict Sanitary and Phytosanitary (SPS)/Technical Barriers to Trade (TBT), efforts are made to resolve them through bilateral meetings with trading partners and in case of their no-resolution, by raising Specific Trade Concerns (STCs) at the World Trade Organization (WTO).

This information was given by the Minister of State for Ministry of Commerce & Industry, Jitin Prasada, in a written reply in the Lok Sabha today.

 


POST YOUR COMMENTS