News Update

Indian Coast Guard intercepts Pakistani boat with 86 kg drugs worth Rs 600 CroreGold watch of richest Titanic pax auctioned for USD 1.46 millionIraq is latest to criminalise same-sex marriage with max 15 yrs of jail-termUndersea quake of 6.5 magnitude strikes Java; No tsunami alert issuedZelensky says Russia shelling oil facilities to choke supply to Europe20 army men killed in blasts at army base in Cambodia3 Indian women from Gujarat died in mega SUV accident in USJNU switches to NET in place of entrance test for PhD admissionsGST - fake invoice - Patanjali served Rs 27 Cr demand noticeI-T - Bonafide claim of deduction by assessee which was accepted in first round of proceedings does not tantamount to furnishing of inaccurate particulars, simply because it was disallowed later: ITATIndia-bound oil tanker struck by Houthiā€™s missiles in Red SeaSCO Defence Ministers' Meeting endorses 'One Earth, One Family, One Future'RBI issues draft rules on digital lendingI-T - In order to invoke revisionary jurisdiction u/s 263, twin conditions of error in order and also prejudice to interest of Revenue must be established independently: ITATCRPF senior official served notice of dismissal on charges of sexual harassmentIndian Air Force ushers in Digital Transformation with DigiLocker IntegrationColumbia faculty blames leadership for police action against protestersCX - When process undertaken by assessee does not amount to manufacture, even then CENVAT credit is admissible if such inputs are cleared on payment of duty which would amount to reversal of credit availed: CESTATGoogle to inject USD 3 bn investment in data centre in IndianaCus - The equipments are teaching accessories which enable students in a class to respond to queries and these equipments are used along with ADP machine, same merits classification under CTH 8471 60 29: CESTATUN says clearing Gaza mounds of rubble to take 14 yrsST - When issue is of interpretation, appellant should not be fastened with demand for extended period, the demand confirmed for extended period is set aside: CESTAT
 
Spices exports touch new high of Rs 17600 Crore

By TIOL News Service

NEW DELHI, JULY 25, 2017: THE spices exports from India have touched an all-time high of Rs 17600 Crore during 2016-17. 
 
No targets are fixed by the government for export of spices as the production and export of spices are dependent upon various factors such as climatic conditions, market forces, domestic and international demand, etc.

Spices Board is implementing the “Export Oriented Production, Export Development & Promotion of Spices” Scheme wherein assistance is provided to cultivators of cardamom for production of quality planting materials, replanting of old and uneconomic gardens, new planting, irrigation development programme, improved curing facilities, farm mechanization, etc. for boosting production.

In addition, Spices Board implements several programmes for spices farmers which include development of infrastructure for common processing facilities in Spice Parks, adaptation of upgraded technology in spice processing, setting up of quality evaluation labs for sampling and testing of the export consignments for meeting quality specifications of consuming countries, assistance to farmers on post-harvest quality improvement, imparting training to farmers in Good Agricultural Practices etc.

This information was given by the Commerce and Industry Minister Nirmala Sitharaman in a written reply in Lok Sabha yesterday.


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.