Tag Archives: custom

Arbitration agreement need not be signed: SC

The Supreme Court of India clarified that an arbitration agreement needs to be in writing though it need not be signed under the provisions of the Arbitration and Conciliation Act, 1996 (“Act”). “The fact that the arbitration agreement shall be … Continue reading

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CBEC clarifies leviability of service tax on foreign remittance

The Central Board of Excise and Customs (CBEC) issued today necessary clarification regarding the leviability of service tax on the remittance of foreign currency in India from overseas. Various concerns have been expressed at different forums in this regard. The … Continue reading

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India initiates consultations with USA on countervailing duties imposed by latter on steel products

India requested consultations with the US under the dispute settlement system concerning the latter’s countervailing duties on certain Hot Rolled Carbon Steel Flat products from India. The request for consultations formally initiates a dispute in the World Trade Organization. Consultations … Continue reading

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