Unveiling the failures of the Rajasthan government in preventing fraudulent property transfers and registrations. Part 2 exposes corruption and abuse of power.
This concerns every citizen of this country as such because each one of us has some investment into properties. We feel secure that we have exercised due diligence & that our investments are safe & secure but it is a rude shock that this is not the truth but in the State of Rajasthan, it is very easy to fabricate & make a fraudulent Power of Attorney.
Discover the CBIC perspective on celebrating failures as success & cracking poor jokes in GST. Uncover the truth behind managing a robust system.
Now, we examine three situations. All arising out of manipulative interpretation but then there is God, as you will see it. The first is a case, where the exporter effected exports under the erstwhile Central Ex. regime under the rebate & discharged duty liability on the CIF value of exports as the contract with the foreign buyer states very clearly that the delivery of goods stands completed once the goods are delivered at their warehouse & put to test & pass the Quality Control parameters & duly accepted by the buyer.
GST Council & FM: CBIC cannot have the prerogative to cheat the assessee by manipulative interpretation The bureaucracy in CBIC is only required to implement the law laid down by the Parliament & not to indulge in manipulative interpretation to deprive the assessee of the legitimate entitlements. The C. Ex. Regime was replaced by the […]
The DGFT is a facilitator & TCS the chosen implementer for the DGFT platform. TCS is a multi-billion-dollar company operating worldwide but it appears that while working with the Indian bureaucracy the best hit the bottom & bite the dust & this seems to be the case. Granting status recognition should not require any application […]
When DGFT chose TCS to revamp the website/platform, I was very happy that at least for once, this combination will make the life of the exporters better. However, my happiness was shattered just by the purposeless complications in the design of the website/platform whereas the earlier DGFT website was very plain & simple. I had […]
Let us pay attention to the very basics. The Parliament mandates promotion of exports through DGFT as policymaker & Customs administration is put in place to conduct International trade in accordance with the law. Particularly, in case of exports (which is necessary evil for a developing country to subsidize & conduct exports), there is no […]
At the very outset, what the Notification No. 50/2015-20 dtd. 03.03.2020 does is that it stops the process of exports of the 26 selected bulk drugs (APIs) & formulations thereof, which cannot be offloaded in the domestic market. To any sane mind, this is simply ridiculous. There are two points of utmost significance: 1. The […]
In the first part of the article, it was evidently clear that the English language cannot do magic to imply limitation to be read in the law (when it is concluded by independent reading of the S 11B that no limitation is specified) merely by way of reference to the Section in the Notification.
