Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
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The Ministry of Chemicals and Fertilizers issued an amendment to the Ortho Phosphoric Acid (Quality Control) Order, 2021, granting a 3-month extension from the applicability of BIS standard IS 798:2020 for Ortho-phosphoric Acid used in fertilizer manufacturing. This extension was implemented through a notification dated 13.04.2024. The amendment exempts Ortho Phosphoric Acid when used in fertilizer production from the BIS standard for 90 days. The Order, effective upon publication, aims to ensure public interest and quality control compliance. Authorities are instructed to sensitize officers and address any arising difficulties. The amendment was made u/s 16 of the Bureau of Indian Standards Act, 2016.
The Ministry of Chemicals and Fertilizers issued an amendment to the Ortho Phosphoric Acid (Quality Control) Order, 2021, granting a 3-month extension from the applicability of BIS standard IS 798:2020 for Ortho-phosphoric Acid used in fertilizer manufacturing. This extension was implemented through a notification dated 13.04.2024. The amendment exempts Ortho Phosphoric Acid when used in fertilizer production from the BIS standard for 90 days. The Order, effective upon publication, aims to ensure public interest and quality control compliance. Authorities are instructed to sensitize officers and address any arising difficulties. The amendment was made u/s 16 of the Bureau of Indian Standards Act, 2016.
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