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Archive: March, 2018

Posts in March, 2018

Importance of Trademark Registration Before Make it Public

March 21, 2018 2640 Views 0 comment Print

In todays business world, the registration of intellectual property is extremely important to protect its ownership and the performance of the underlying business. From a Company Secretaries perspective, this article is aimed to raise awareness of the necessity of registration of a brand before it is made public.

Directions by the Insurance Regulator on Genetic Disorders

March 21, 2018 1995 Views 2 comments Print

IRDAI has directed all the insurance Companies for not including ‘Genetic Disorders’ as one of the exclusions in the health insurance policies

Trusts in India: Still Remain Unexplored

March 21, 2018 61299 Views 5 comments Print

Trust is defined in section 3 of the Indian Trust Act, 1882 as an obligation annexed to the ownership of property and arising out of a confidence reposed in and accepted by the owner, or declared and accepted by him, for the benefit of another or of another and the owner. Simply said, it is a transfer of property by one person (settlor) to another (trustee) who manages that property for the benefit of someone else (beneficiary).

CBEC: Why should officials cheat & indulge into frivolous litigation

March 21, 2018 2277 Views 0 comment Print

Rajiv Gupta The moot question is what the worth of the laws in this country is! Are they even worth the paper on which they are printed? The officials indulge into outright cheating & even abuse the beneficiary or issue veiled threats. This is the ground reality & no one seems to be bothered. The […]

Deemed Exports under Goods & Services Tax

March 21, 2018 6453 Views 1 comment Print

The Government may, on the recommendations of the Council, notify certain supplies of goods as deemed export, where goods supplies do not leave India, and payment for such supplies is received either in Indian rupees or convertible foreign exchange.

GST Vis-A-Vis Cooperative Federalism by Aparna Shrivastava

March 21, 2018 3006 Views 1 comment Print

India is the largest democracy in the world and has the world’s lengthiest constitution. The constitution is the supreme law of the land and there are few basic structures of the constitution which cannot be amended by the Parliament and federalism is one of it[1].

Procedure for Advance submission of documents for NOC from FSSAI

March 21, 2018 9369 Views 0 comment Print

The trade has requested for procedure for submission of necessary documents in advance for obtaining NOC from FSSAI. The FSSAI Authorities have been consulted in this regard and they have informed the presently followed Foods Import Clearance System (FICS) by them as below:-

A legal issue can be raised in appeal at any point of time

March 20, 2018 8265 Views 0 comment Print

Ravindra Arora Vs ACIT (Rajasthan High Court) Tribunal refused to decide the fresh issue with regard to deemed dividend simply because it was raised at the appellate stage was not justified as legal issue can be raised in appeal at any point of time. Hence, order passed by the Tribunal was quashed and set aside […]

GST Council and State Autonomy by Ganesh Aravindh S.

March 20, 2018 2349 Views 3 comments Print

Ganesh Aravindh S.  SASTRA University, Thirumalaisamudram, Thanjavur The interconnection between the GST Council and fiscal autonomy of States in the Indian fiscal framework has to be discerned from the vantage point of the practical ramifications that stem from the 101st Amendment Act. The scrutiny of state autonomy after the origination of GST has always been […]

E-way Bill under GST- An Analysis

March 20, 2018 21765 Views 0 comment Print

The objective of creating E-way bill mechanism is to create an audit trail on the common portal for movement of goods for Inter-state or Intra-state transaction above than certain monetary value. The e-way bill can be generated by supplier, recipient of goods or by transporter.

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