Articles

Customs, DGFT and Section 28AAA: A clarification that creates confusion

The article discusses recent CBIC Instruction No. 17/2026-Cus., which permits Customs adjudication under Section 28AAA in certain circumstances without prior DGFT invalidation of licences or scrips.

Rohan Muralidharan+104 Nov 2026

Customs All Industries

Judicial clarity on interest deferment under MOOWR: A review of Rajasthan HC decision in Commissioner v. Acme Aklera Power Technology

The article examines the Rajasthan High Court’s recent decision on interest demands for unused goods imported under MOOWR and cleared ‘as such’. It explains that Section 61(2) of the Customs Act, 1962 applies only to goods under Section 61(1)(c), not qualifying manufacturing goods under clauses (a) and (b).

Ratan Jain+104 Nov 2026

Securities Law All Industries

Manager’s/Sponsor’s obligation to maintain minimum continuing interest – Obstacles to compliance with SEBI’s requirements

In the months of July, August and October, SEBI passed a few settlement orders with respect to alleged violations of SEBI regulations relating to the obligation of the Manager or the Sponsor of the AIF. The article reviews one of such settlement orders passed by SEBI and discusses the various obstacles faced by AIFs and their Managers and Sponsors in complying with SEBI’s regulations for a minimum commitment by the Sponsor or the Manager of an AIF.

Vinod Joseph+330 Oct 2026

General Corporate All Industries

IFSCA imposes certification requirements to enhance cyber security

The article discusses the IFSCA circular which was issued on 27 October 2026 to impose certification requirements to strengthen cyber security framework. These guidelines require boards and senior management to have adequate cyber risk knowledge and mandated regular employee training.

Vinod Joseph+230 Oct 2026

General Corporate Financial Services

SEZ Rules amended to ease regulatory burden for funds in GIFT-IFSC

The article discusses the Special Economic Zones (Fourth Amendment) Rules, 2026 which has been notified by Ministry of Commerce and Industry to ease regulatory burden of funds. The changes made by the Amendment Rules are relevant for funds and Fund Management Entities (‘FME’) established in an International Financial Services Centre (‘IFSC’).

Vinod Joseph+127 Oct 2026

Search Articles

Acts and Laws to Keep in Mind Before Implementing AI
There is no single statute a company can read to become compliant with AI. There is instead a patchwork of two kinds of law: older rules that reach AI because they reach everything, and AI-specific statutes.
Subhomoy Bakshi, Head of Digital Transformation24 Sept 2025
GST Consultancy All Industries
Taxability of post-sale discounts: Recent changes – Certainty
Shivam Mehta+124 Sept 2025
General Corporate All Industries
Fully diluted ownership: Beyond issued equity shares
Netri Agrawal23 Sept 2025
Direct Tax All Industries
When Judges disagree: The Shelf Drilling case and the road ahead
Karanjot Singh Khurana+223 Sept 2025
General Corporate FMCG +1
Revision of MRP post GST 2.0 Reforms: MRP labelling norms for FMCG and Pharma sectors
Astha Sinha+222 Sept 2025
Salient Features Your AI Usage Policy Should Have
Governance principles are written for the board. An AI usage policy is written for the employee who, under deadline, is deciding whether to paste a client contract into a public chatbot.
Subhomoy Bakshi, Head of Digital Transformation20 Sept 2025
GST Consultancy All Industries
To litigate or to settle: Another challenge for taxpayers under West Bengal Entry Tax
Nitum Jain+218 Sept 2025
Legal and Financial Frameworks to Adopt for AI Risk Mitigation
An AI project rarely fails because the model was bad. It fails because no one had decided, in advance, who owned the risk, what it would cost to keep the system honest, and who paid when a vendor's tool erred.
Subhomoy Bakshi, Head of Digital Transformation17 Sept 2025
International Trade and WTO All Industries
Concept of ‘unforeseen developments’ in Safeguard law: A continuing requirement or a fading test?
Pareesha Gupta+115 Sept 2025
Buying vs. Building AI Solutions
A company that decides to adopt AI has really made only the first of two decisions. The second, and often the more consequential, is whether to buy the capability from a vendor or build it in-house.
Subhomoy Bakshi, Head of Digital Transformation13 Sept 2025
GST Consultancy Energy
From Soil to Solar: GST reforms to boost fertiliser industry and renewable energy sector
Shweta Walecha+211 Sept 2025
Risks with Data in AI Implementation
Every AI system is a claim about its data. Train a model on what a business already knows, and it will reproduce that knowledge faithfully, including the parts the business would rather not repeat.
Subhomoy Bakshi, Head of Digital Transformation10 Sept 2025

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