european union

European Union has proposed a settlement of the dispute by confirming the detailed principles agreed in the Understanding to guide border enforcement of intellectual property in the EU. In addition, EU agreed to India’s request for adoption of guidelines which would confirm the principles agreed to in the Understanding with a view to give greater and immediate legal certainty for producers and traders. EU also agreed to reflect the principles contained in the Understan.. Full Article

Legislation passed Wednesday by Chancellor Angela Merkel's Cabinet aims to making it easier for foreign professionals to get their qualifications recognized and use their skills in Germany. Germany estimates some 300,000 immigrants already living in the country have no right to work because their professional qualifications or degrees from foreign institutions are not recognized. At the same time, Germany faces a severe shortage of skilled labor, it's unemployment rate d.. Full Article

PUBLIC NOTICE NO. 75 /2009-2014, This refers to HS Code No. 1701 00 00 in the Schedule-2 of ITC(HS) Classification of Export and Import Items, 2009-2014 under which M/s Indian Sugar Exim Corporation Limited, New Delhi is the designated agency for export of Sugar to EU under Preferential Quota Full Article

The Greek tragedy has opened our eyes to many things. No one can any longer mock the critics of high fiscal deficits. Not only was the fiscal deficit of Greece high but that there were attempts to manipulate the numbers to hide the reality. It took a long time before this could be uncovered. Full Article

Accordingly, allocation of 10,000 MT of white sugar for export of CXL Concessions Sugar to European Union (EU) for the fiscal year 2009 -10 made vide Public Notice No. 41/2009-2014 dated 15th February, 2010 stands withdrawn. Full Article

CUSTOMS Notification No 14/2010, Regarding anti dumping duty on Cold Rolled Flat Products of Stainless Steel, originating in, or exported from the People’s Republic of China (China PR), Korea, European Union, South Africa, Taiwan (Chinese Taipei), Japan, Thailand and United States of America (USA). Full Article

Threshold:Different thresholds have been proposed, Rs 10 lakh for SGST (lower for some underdeveloped states), Rs 1.5 crore for CGST for goods and a lesser amount (not indicated as yet) for services. Thus, there will be four thresholds which has been criticised by several analysts but one must remember it is different in many developed countries as well. Full Article