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Archive: 21 January 2023

Posts in 21 January 2023

Classification of to be imported Rolls Made of Polyester, Taffeta, Satin Etc.

January 21, 2023 756 Views 0 comment Print

Applicant proposed to import Rolls made of Polyester, Taffeta, Satin etc. which are available with width ranging from 10 millimetres to 810 millimetres. The applicant submits that ultimate customer of products are companies engaged in manufacturing of readymade garments. The products will be ultimately used for the purpose to capture trademark, wash care instructions and other details like country of manufacturing, size, make etc. on the products for the reference of retail customers.

Classification of projectors designed for use with automatic data processing machine

January 21, 2023 720 Views 0 comment Print

Classification on import of Data Projector- It is evident that the projectors in question are designed for use with an automatic data processing machine. It also appears that the subject goods has got additional ports which make it capable of being a video projector, classifiable under 85286900.

Why Copyright Registration is Important?

January 21, 2023 702 Views 0 comment Print

A form of intellectual property known as copyright protects the expression of ideas. It shields original artistic, literary, dramatic, cinematographic, or sound recording authors or owners from unlawful use or duplication of work in India

Tax Implication on by-products of Milling of Dal/Pulses -Chilka, chunni or churi, khanda

January 21, 2023 3849 Views 0 comment Print

Get the latest updates on the implications of taxation on by-products of milling of dal/pulses like Chilka, chunni or churi, khanda. Understand the tax rate notifications prior to amendment under the GST law.

Invitation of comments from public on changes being considered to IBC, 2016

January 21, 2023 915 Views 0 comment Print

To strengthen functioning of IBC, changes to Code are being considered in relation to admission of corporate insolvency resolution process (CHIP) applications, streamlining the insolvency resolution process, recasting the liquidation process, and role of service providers under Code.

Report of Cross-Border Insolvency Rules/Regulation Committee-II on Group Insolvency

January 21, 2023 1233 Views 0 comment Print

A group insolvency framework that is voluntary, flexible and enabling in nature should be provided under the Code. Such a framework may be introduced in phases. In the first phase, only provisions governing domestic group insolvency may be enacted.

Is Class Legislation possible in Taxation?

January 21, 2023 2652 Views 0 comment Print

Learn more about Reasonable Classification and ‘Doctrine of Class Legislation’ in Taxation law. Is it possible to make laws based on Classes of persons? Find out here!

Exploring the Process of Obtaining/Modification/Surrender- Importer-Exporter Code (IEC) in India

January 21, 2023 2844 Views 0 comment Print

It is mandatory for all importers and exporters in India to have an IEC number. This number can be obtained from the DGFT by submitting the required documents, such as the PAN card, GST No., and other documents. The IEC is valid for one year and needs to be renewed every year.

Borrower cannot escape from prosecution & criminal liability for dishonour of cheque

January 21, 2023 3477 Views 0 comment Print

Respondent, by way of rebuttal evidence has failed to probablize its defence to disprove statutory presumption available in favour of Appellant. Such failure has proved charge leveled against Respondent for offence under Section 138 of NI Act.

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