PROPOSED CHANGES AND INDUSTRY ISSUES Domino’s indulged in profiteering on the supply of Pizza & Garlic Bread, as the base price increased in excess of ITC denial The National Anti-Profiteering Authority has fined Jubilant FoodWorks, which operates the Domino’s Pizza chain in India, Rs 41.42 crore for not passing on the benefit of a reduction […]
A. CHANGES IN THE GST REGIME Notifications issued to bring the provisions of Amendment Act into effect By notifications dated 29th January, 2019, the Ministry of Finance has stated that the provisions of Union Territory Goods and Services Tax (Amendment) Act, 2018, Goods and Services Tax (Compensation to States) Amendment Act, 2018 and Integrated Goods […]
The Supreme Court of India on 25 January 2019 has passed a landmark judgement upholding the constitutional validity of the Insolvency and Bankruptcy Code, 2018. Introduction The judgment tests the Insolvency and Bankruptcy Code, 2018 on the bases of the approach of the courts remaining hands of economic legislation and the principle of judicial restraint […]
The Reserve Bank of India (RBI) on August 31, 2018, notified the Foreign Exchange Management (Establishment in India of a branch office or liaison office or a project office or any other place of business) (Amendment) Regulations, 2018 (Amendment Regulations). The limited amendments, at first glance, appear to simply clarify that the RBI and the […]
PROPOSED CHANGES AND INDUSTRY ISSUES AAR rules on nature of services provided by a subsidiary company under the service agreement The Authority for Advance Ruling, Maharashtra, in the case of Asahi Kasei India (P.) Ltd., has ruled that conducting a survey of the Indian market for a foreign group co. is “Market Research Service” and […]
A. CHANGES IN THE GST REGIME E-way bill in Bihar E-way bill would not be required in an intra-State transaction in Bihar if the value of consignment does not exceed Rs One Hundred Thousand. By a notification issued on 14th January 2019, the requirement of generating an e-way bill for an intra-State transaction in Bihar […]
Suraj Nangia of Nangia & Co has written a book which is intended to act as a reference tool for businessmen, entrepreneurs, professionals and executives providing them with all necessary information about relevant legislations for setting-up and expanding business in India. Download the book HERE
ZEUS publishes newsletter every month. It has snippets about the latest developments in Real Estate as well as General Corporate Areas. It also encompasses any latest landmark / important Judgement pronounced by the court. ZEUS Newsletter – December 2018
We are pleased to announce the opening of our new office in Gurugram. Immense growth and success over the past few years has created the demand for expansion. This expansion is in unity with wide spread demand for Nangia’s diverse range of service offerings. Speaking on the opening of new office, Rakesh Nangia, Managing Partner, […]
ZEUS publishes newsletter every month. It has snippets about the latest developments in Real Estate as well as General Corporate Areas. It also encompasses any latest landmark / important Judgement pronounced by the court. ZEUS Newsletter – November 2018
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Anuj Berry of Shardul Amarchand Mangaldas & Co. Anuj has joined IR as our exclusive White Collar Crime Member in India. Mr Anuj Berry is a Partner with the Firm’s Litigation, Dispute Resolution and White Collar Defense Group. Anuj specialises in all […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Nishant Joshi of Shardul Amarchand Mangaldas & Co. Nishant has joined IR as our exclusive White Collar Crime Member in India. Nishant is a Partner in the Firm’s Litigation and Corporate Practice. He has been with the Firm for over 16 […]