Tag Archives: duty

Part sale consideration or stamp duty can’t be sole criteria to hold transaction as benami: SC

The Supreme Court of India recently reiterated that the payment of part sale consideration or stamp duty by another person cannot be the sole criteria to hold the sale transaction as benami. After a review of plethora of case law, … Continue reading

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Stamp duty not necessary on foreign arbitration awards in India: SC

The Supreme Court of India ruled that the payment of stamp duty is not necessary for the enforcement of foreign arbitration awards in India. The Court said that the expression ‘award’ under Item 12 of Schedule I of the Indian … Continue reading

Posted in Administrative Law, Arbitration Conciliation Law, General Law, International Law, Registration & Stamp Law | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

US CVD on India’s export of ‘Hot-Rolled Carbon Steel Flat Products’ inconsistent with WTO law: WTO Panel

World Trade Organization Dispute Panel (“Panel”) has held that the US law mandating cumulation of non-subsidized imports with subsidized imports while determining injury in a CVD investigation is inconsistent with WTO obligations. This Ruling potentially questions the validity of a … Continue reading

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Motor vehicles of only ‘high dignitaries’ may be fitted with red lights: SC

The Supreme Court of India ruled that the motor vehicles of only “high dignitaries” holding posts, positions and offices specified in the Constitution of India may be fitted with red lights; but the red lights with or without flasher can … Continue reading

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