News
GST in India – Reports on business processes released
03 November 2015
The Joint Committees on Business Processes for Goods & Services Tax (GST), set up by the Ministry of Finance, have given their reports providing a broad outline of the processes to be followed in respect of registration, payments, refunds and in case of filing of returns under the proposed GST regime by the assessees.
Trademarks - ‘First in market’ relevant over ‘first to register’
26 October 2015
The Supreme Court of India has upheld the interim injunction granted by the trial court on the basis of ‘first in the market’ test in a dispute where the defendant had filed for registration of the mark six years prior to the commencement of user by the Plaintiff, but had refrained from using the mark.
Arbitration when party initiates proceedings to blacklist another
26 October 2015
Punjab & Haryana High Court has held that it is open to parties to refer the issue of blacklisting to arbitration.
SEBI has jurisdiction in respect of CIS offered by Trust
26 October 2015
Securities Appellate Tribunal has held that the fact that Section 11AA(2) of the SEBI Act, 1992 refers to any scheme or arrangement made or offered by any ‘company’ would not mean that the jurisdiction of SEBI to regulate Collective Investment Scheme (CIS) is restricted to any scheme or arrangement made or offered by any company registered under the Companies Act, 1956 only.
Area allocation when not anti-competitive
26 October 2015
The Competition Commission of India on 12-10-2015 has held that though the Opposite Party 1 in the case before it had indulged in anti-competitive practices by involving in area allocation in respect of its distributors and stopping supplies to the informant in the case, there was no adverse effect on competition.
Provisional release by Customs – Jurisdiction for appeal
21 October 2015
Delhi High Court has held that appeal against provisional release of goods can be filed before Commissioner (Appeals).
No anti-dumping duty after expiry of provisional duty and before imposition of final ADD
13 October 2015
The Supreme Court of India has held that Anti-dumping duty is not imposable on imports made during the period after the expiry of the provisional anti-dumping duty and before imposition of the final/definitive anti-dumping duty.
Windmill doors are part of wind operated electricity generators
28 August 2015
The Supreme Court of India has held that windmill doors and electrical boxes are components and/or parts of wind operated electricity generators (WOEG).
No Service Tax on indivisible works contracts prior to 1-6-2007 – SC
25 August 2015
The Supreme Court of India has held that indivisible works contracts were not liable to Service tax prior to 1-6-2007 under various entries of the Finance Act, 1994.
Interpreting ‘articles that infringe’
13 August 2015
Two developments regarding investigation under 19 U.S.C. § 1337 (Section 337) covering Unfair practices in import trade including ‘articles that infringe’ a valid enforceable US patent, are of interest.