News
CCI revises fees – Other amendments also made in CCI (General) Regulations
26 十一月 2019
The Competition Commission of India has revised the fees payable by any person, consumer or their association or trade associations while giving information in respect of anti-competitive agreements and abuse of dominant position, for alleged violation of provisions of the Competition Act.
No demand under Cenvat Rule 6 on electricity generated from bagasse
25 十一月 2019
Relying upon Supreme Court decision in the case of DSCL Sugar Ltd., the Delhi High Court has held that since bagasse is non-marketable, sale of electricity generated entirely from such non-excisable bagasse, will not attract demand under Rule 6(3)(i) of the Cenvat Credit Rules, 2004.
Injunction against MAKEMYTRAVEL - Correspondence with lowest rung executive is not acquiescence
18 十一月 2019
In a dispute involving MAKEMYTRIP and MAKEMYTRAVEL, the Delhi High Court has made absolute the interim injunction granted earlier by it against use of the trade mark/trade name 'Make My Travel' (word per se), MMT (letter mark) and the tag line 'Dreams Unlimited', the MakeMyTravel Logo and their website.
Patents and Designs – Application and other fees sought to be reduced for small entities
31 十月 2019
The Department of Promotion of Industry and Internal Trade in the Indian Ministry of Commerce and Industry has on 18th of October notified the draft Patents (2nd Amendment) Rules, 2019 and the draft Designs (Amendment) Rules, 2019.
Competition – DG’s report finding contravention of provisions is not binding on CCI
30 十月 2019
The Delhi High Court has rejected the contention that if the report of the Director General (DG) recommends that there are contraventions of provisions of Competion Act, the Competition Commission of India (CCI) cannot close the case straightway. It observed that there is no provision in the Competition Act which mandates that the CCI must accept the report of the DG recommending that there are contraventions of the provisions of the Act.
Blocking of access to specific information – When can Indian Court grant global injunctions
30 十月 2019
In a case involving publication of defamatory videos and other contents in social media, the Single Judge Bench of Delhi High Court has held that disabling and blocking of access, in respect of such information uploaded from India, must be from the computer resource, and such resource includes a computer network, i.e., the whole network and not a mere (geographically) limited network.
Manufacture and other operations in warehouse under Customs s.65 clarified
04 十月 2019
CBIC has issued Circular No. 34/2019-Cus. and the Manufacture and Other Operations in Warehouse (No. 2) Regulations, 2019 to cover the procedures and documentation for units operating under Section 65 of the Customs Act, 1962 in a comprehensive manner, including application for seeking permission under Section 65, provision of execution of the bond by the licensee, receipt, storage and removal of goods, maintenance of accounts, conduct of audit etc.
Manufacture and other operations in warehouse under Customs s.65 clarified
04 十月 2019
4th October, 2019 CBIC has issued Circular No. 34/2019-Cus. and the Manufacture and Other Operations in Warehouse (No. 2) Regulations, 2019 to cover the procedures and documentation for units operating under Section 65 of the Customs Act, 1962 in a comprehen
Income Tax E-assessment Scheme 2019 notified
01 十月 2019
1st October, 2019 Central Board of Direct Taxes (CBDT) has recently notified the E-assessment Scheme, 2019 under Section 143(3A) of the Income Tax Act, 1961. The assessment under this Scheme shall be made in respect of territories and / or class of persons a
37th Meeting of GST Council - GST rates revision and changes in procedures
23 九月 2019
23rd September 2019 The GST Council in its 37th meeting held on 20th of September has recommended revision of GST rates on various goods and services. Many relaxations in various compliances and pro