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Archive: 16 March 2020

Posts in 16 March 2020

Assessment Order passed on Dead Person is Void ab Initio

March 16, 2020 3561 Views 0 comment Print

Service of notice upon a dead person under section 142(1) would not authorise him to assume jurisdiction to pass assessment order on the L/Rs. also.

Customs Electronic Sealing implementation deferred till 30.04.2020

March 16, 2020 570 Views 0 comment Print

CBIC has decided to defer the implementation of Circular-10/2020-Customs till 30th April, 2020 related to Electronic Sealing-Deposit in and removal of goods from Customs Bonded Warehouses.  The new date of implementation of the said Circular shall be 01st  May, 2020. Circular – 16/2020-Customs F. No. 484/03/2015-LC (Vol. II)  Government of India Ministry of Finance Department […]

Rights of Registered Trademark Holder vis-à-vis Prior User of a Descriptive Trademark

March 16, 2020 22080 Views 0 comment Print

In the present case, the Court by its reasoned order had refused to grant an injunction on the basis that the alleged infringing mark is descriptive in nature and does not tarnish the goodwill of the Plaintiff. Also the same is being used as a label by the Defendant and not as a trademark per se.

No detention of goods & vehicle on value of goods being less than MRP

March 16, 2020 2109 Views 0 comment Print

Chhattisgarh High Court observed that, under valuation of a goods in the invoice cannot be a ground for detention of the goods and vehicle for a proceeding to be drawn under Section 129 of the Central Goods and Services Tax Act, 2017 (

Consultation Paper on Amendment to SEBI (Delisting of Equity Shares) Regulations, 2009 for Schemes of Arrangement

March 16, 2020 1440 Views 0 comment Print

The objective of Consultation Paper on Amendment to SEBI (Delisting of Equity Shares) Regulations, 2009 for Schemes of Arrangement is to seek comments / views from the public on proposal relating to a scheme of arrangement between a listed holding company and its listed subsidiary wherein the listed subsidiary is desirous of getting delisted without following the provisions of Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (Delisting Regulations).

39th GST council meeting- Key Recommendations

March 16, 2020 2289 Views 0 comment Print

The 39th GST Council meeting held on 14th March 2020 took decisions on various important issues and came up with following stress busting recommendations: INTEREST 1. Interest on delay in payment of GST shall be collected on Net Cash payment only w.e.f 01.07.2017; REVOCATION OF CANCELLATION 2. One time measure for Revocation of cancellation of registration […]

MahaRERA- Rescheduling of hearing due to Coronavirus epidemic

March 16, 2020 342 Views 0 comment Print

The Hearing of all cases before MahaRERA & Adjudicating Officers shall be adjourned till 31st March, 2020. The cases which are scheduled from 16th March 2020 till 31st March 2020 are being rescheduled due to pandemic of Coronavirus except the very urgent matters.

Transfer of land and its development rights under GST

March 16, 2020 20562 Views 1 comment Print

A piece of land, carry various rights with it. An owner of a land has right to possess, right to easement, right to sale, right to rent, right to develop, right to sub-let, right to occupy and many. Right to develop a land if called ‘Developmental Rights’, in which owner of a land authorises a […]

Certain Relaxations Needed to Make More Vishwas In Vivad Se Vishwas Scheme

March 16, 2020 8526 Views 0 comment Print

How much Vivad would be closed and how much Vishwas the Vivad se Vishwas scheme will be able to achieve that in coming months would be in front of all of us,but this scheme has proved the true integrity that we professionals have. It is the professionals who foregoing their professional opportunities and are educating […]

Implementation of UCC data for Disposal Process of Longstanding Containers

March 16, 2020 843 Views 0 comment Print

It is made mandatory for all the CFS’s to fill the Checklist as per Checklist II attached hitherto, before Out of Charge for the Successful Bid in Auction (Under Section 48 of Customs Act, 1962) and the Disposal officer should ensure it.

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March 2020