Special procedure for Corporate debtors undergoing the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016

146 Views [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 11/2020 – Central Tax New Delhi, the 21st March, 2020 G.S.R…..(E).–In exercise of the powers conferred by section 148 of the Central Goods and […]

Special procedure for Taxpayers in Dadra and Nagar Haveli and Daman and Diu consequent to merger of the two UTs

116 Views[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 10/2020 – Central Tax New Delhi, the 21st March, 2020 G.S.R……(E). – In exercise of the powers conferred by section 148 of the Central Goods […]

Strengthening Intellectual Property Rights (IPR) Regime in India

98 ViewsMinistry of Commerce & Industry Intellectual Property (IP) intensive industry is not defined. However, Department for Promotion of Industry and Internal Trade has taken various initiatives to strengthen Intellectual Property Rights (IPR) Regime in India like, legislative improvements, modernisation of IP offices, manpower augmentation, use of IT and technology in e-filing of applications, acceptance […]

Special Economic Zones in the Country

103 ViewsMinistry of Commerce & Industry  There were 7 Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs prior to the enactment of the SEZ Act, 2005.  In addition, 421 proposals for setting up of SEZs in the country have been accorded formal approval under the SEZ Act, 2005.  Presently, 354 SEZs are […]

Export of Masks, Ventilators and textile raw material for masks and coveralls prohibited

124 ViewsMinistry of Commerce & Industry The export of Ventilators, Surgical/Disposable Masks  (2/3 ply) and Textile raw material used for masks and coveralls  has been prohibited with immediate effect.  A Notification (No.52/2015-2020) issued by Directorate General of Foreign Trade, Ministry of Commerce & Industry says that amendments in this regard have been made in the […]