CBIC notifies the manner to issue duty credit for goods exported under the continuation of Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) vide Notification No. 77/2021-Customs (N.T.) dated 24th September, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 77/2021-Customs (N.T.) New Delhi, the 24th September, 2021 G.S.R. […]
Regulation 168(1) of the ICDR Regulations, 2018 permits transfer of locked-in shares among the promoters or the promoter group or to a new promoter or to persons in would be applicable irrespective of whether the transfer is a result of apportionment of assets pursuant to the Jammu and Kashmir Reorganisation Act. In view of the […]
Per our understanding of the FCPA, we understand that it has an extra territorial jurisdiction and it is unlawful for any enterprise authorizes the bribing of foreign government officials to obtain or retain business even outside USA i.e. there is an embargo to make corrupt payments.
I hold that e-rickshaw kits in CKD condition imported in the facts and circumstances of the present case, can be treated as a complete vehicle only for the purpose of customs tariff, and not for interpretation of the Import Export Policy /Foreign Trade Policy, or for the purpose of the CMV Act and the Rules thereunder.
AB Traders Vs State of Gujarat & 1 Other(S) (Gujarat High Court) 1. The petitioner, which is a proprietorship firm, received order for purchase of arecanut from a buyer in New Delhi. The petitioner appointed transporter for such transportation. It was specifically conveyed to the transporter that movement of goods was to be commenced only […]
Export Policy of Mercury has been amended from ‘Free’ to ‘Restricted’ with immediate effect. The export will be subject to obtaining Prior Informed Consent (PIC) from MoEF&CC. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 23rd September, 2021 Notification No. 31/2015-2020 – DGFT Subject : Amendment in […]
Game of chance is pure gambling and should be rightfully banned. However, by including games of skill in the ambit of the bill, it has not only gone against established jurisprudence by the Ho’ble Supreme Court and Karnataka High Court but threatens the thriving Indian gaming startup sector.
Benefits related to 80% reduced fee for patent filing & prosecution have been extended to Educational institutions as well. Centre has notified the amendments to the Patents Rules in this regard.
It is observed that various stakeholders have not adhered to mandated timelines for filing of messages/manifests under SCMTR inspite of phased manner of adoption provided as per the Annexure A to Circular No 43/2020-Customs dated 30 September 2020 read with Regulation 15(1), and numerous extensions given by way of amendment to Regulation 15(2).
In continuation of the Order of even no. dated 18.09.2019 and order of even no. dated 17.09.2020 (annexed herewith), the tenure of the Company Law Committee is hereby further extended by one year from the date of expiry of the last order i.e. till 16.09.2022
