In Case of Suncraft Energy Private Limited, Calcutta High Court had held that the reason for denying the input tax credit is on the ground that the detail of the supplier is not reflecting in GSTR 1 of the supplier. The Appellant are in possession of a valid tax invoice and payment details to the […]
Read More →Central Consumer Protection Authority have notified guidelines for Prevention and Regulation of Dark Patterns, 2023 to discourage use of Dark Patters by online sellers, marketplaces, ecommerce entities and advertisers while promoting or offering any goods or services to online users. Dark patterns has been defined as such practices of selling goods or services wherein […]
Read More →The Drugs and Cosmetics Act, 1940 and rules 1945 have entrusted various responsibilities to Central and State Government regulators for regulation of drugs and cosmetics. It envisages uniform implementation of the provisions of the Act and Rules made there under for ensuring the safety, rights, and well-being of the patients by regulating the drugs and […]
Read More →In the latest notification issued by The Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry, India vide Public Notice No. 20/2023 dated June 30, 2023, the last date to apply for availing the benefits under the Amnesty Scheme for one-time settlement of non-compliance in export obligation for Advance Authorization and Export […]
Read More →CBDT (Central Board of Direct Taxes) vide its notification S.O. 2276(E) dated the 24th May, 2023 has increased the maximum amount receivable by its employees as cash equivalent of leave salary (leave encashment) in respect of the period of earned leave at their credit at the time of their retirement, whether superannuation or otherwise to […]
Read More →Assam Labour Welfare Department has issued a notification on 27.07.2022 regarding instructions for stringent compliance of each provision of the Factories Act 1948 and the Rules made thereunder in the interest of the health and safety of the workers. It is observed that there is a sudden surge in the number and frequency of accidents […]
Read More →There are various laws in China which put restrictions on cross-border data transfer. Cyber Security Law of the People’s Republic of China (CSL) and Personal Information Protection Law of the People’s Republic of China (PIPL) are the main laws which mandate to store personal and critical information within the territory China. Requirement of data localization […]
Read More →In order to mitigate the risk associated with the outsourcing of IT activities by Regulated Entities (Res) while maintaining compliance obligations and responsibilities towards their customers, On 10th April 2023 Reserve Bank of India (RBI) released a Master Direction on Outsourcing of Information Technology Services. The direction would be effective from first of October 2023 […]
Read More →The Food Safety and Standards Authority of India (FSSAI) vide Order File No. 15(31)2020-FoSCoS-RCD-FSSAIpt1-Part(I) on 13th January 2023, issued an order regarding the mandatory upload of six-monthly lab testing reports on FoSCoS. As per the order, the Food Authority has mandated that all Manufacturers (including Repackers and Relabellers) shall, through FoSCoS, either upload six monthly […]
Read More →CBDT has introduced another compliance for Corporates wherein they have to deduct TDS at higher rate if a person does not have her Aadhaar-PAN linked by 31st March 2023. Initially the CBDT had prescribed the date for linking Pan and Aadhaar as 30th June, 2022 but have extended this date till 31st March, 2023. Consequences […]
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