16 January, 2014
The CESTAT in a recent case has held that service of gym instructor is essential for the physical fitness of employees and being necessary inputs, Cenvat credit of Service Tax would be admissible on such service.
Reasoning that the benefit of Cenvat credit is concomitant with liability to service tax the tribunal also held that registration is not essential to avail cred...
By Dr. Mukundan Chakrapani
It has been an explosive opening quarter for investments in early stage ventures. The information technology sector alone has attracted a whopping US$612 million of the over US$1 billion reported investments from January to March, 2015. Indeed, this must be music to the ears of the technocrats behind the Digital India (...
By Manoj Gupta
Recently we saw how two bilateral agreements made the existence of WTO seem more relevant, by infusing more energy in the apex trade body. While agreement between India and USA on India’s food security programme and subsidies relating thereto allowed the WTO to move forward on the Trade Facilitation Agreement (TFA), an agreement between USA and China on the other hand brought t...
Licensing Executive Society (LES) will be organising its International Conference from 18th to 21st May, 2014 in Moscow.
Mr. V. Lakshmikumaran, Managing Partner, Lakshmikumaran & Sridharan will speak in this conference on 21st May, 2014 on the topic - IP in Green Technologies. This conference includes general sessions on Business & Legal Aspects of IP, IP in healthcare/biotechnology, aerospac...
FEMA/ FDI regime
on 28 August, 2015 in Pune
Lakshmikumaran & Sridharan (L&S) will be organising a seminar on FEMA/ FDI regime. The Seminar seeks to lend a perspective on the magnitude of complexities involved in the interpretation of the Foreign Exchange Management Act, 1999 (FEMA) with special emphasis on capital and current transactions, ...
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