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

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BIS All Industries
OTR guidance documents: Clearing the haze
The article discusses various recent guidelines for compliance of the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024.
Anjali Hirawat+122 Aug 2025
GST Consultancy All Industries+1
Navigating seamless Inter-State ITC transfers under GST: Judicial guidance
The Bombay High Court has taken a significant step in clarifying the transfer of unutilized ITC during business restructuring. This judgment not only clarifies the legal position on inter-State ITC transfer but also addresses the technical and administrative hurdles posed by the GST Network (GSTN) portal.
Shweta Walecha+220 Aug 2025
Direct Tax All Industries
Dy/Dx – Differentiating the contours of taxation of derivatives
The article discusses the recent decision of Hon’ble Mumbai ITAT, which adjudicates a question as to whether a Venn Diagram of two sets of items, i.e., the meaning of derivatives as it is normally understood and its tax treatment equating it with shares thereof, would have any intersection or not.
Sudin Sabnis+118 Aug 2025
Intellectual Property All Industries+4
Rethinking the thresholds in biosimilar patent infringement disputes
The article discusses a Delhi HC decision which granted an-interim injunction restraining a pharma company from dealing in its biosimilar version of the cancer medication Nivolumab until the expiry of the Indian Patent. According to the author, by treating the defendant’s regulatory filings and bio similarity claims as indicative of infringement, the Court seems to have deviated from an earlier precedent.
Geethanjali KV12 Aug 2025
Intellectual Property All Industries+4
In good spirits: The Geographical Indication war over ‘Pisco’
The article discusses a recent Delhi HC decision where the Court has conducted a thorough examination of the provisions regarding the prohibition of GI registration in specific instances, as well as the registration of homonymous GIs. The decision exemplifies how Indian courts are navigating the evolving landscape of GI law, aiming to safeguard traditional products while ensuring fair competition.
Kriti Sood12 Aug 2025
Private Equity & VC Healthcare & Pharma
Artificial Intelligence in the Healthcare Sector: Investment trends
The article discusses how the integration of AI technologies in diagnostics, drug development, and healthcare administration is enabling scalable solutions. It also highlights key investment trends that are strengthening India’s position as a strategic destination for healthcare sector investments.
Alekhya Kanda+111 Aug 2025
International Trade and WTO All Industries
Differential pricing analysis in anti-dumping investigations: US Court ‘invalidates’ the use of Cohen’s D by the US DOC
The article discusses the recent judgement of the U.S. Court for Federal Circuit in Marmen Inc. v. United States[1]. In which the article traces the origins of this methodology in the WTO’s Anti-Dumping Agreement, its evolution over the years in USA’s context, and the road ahead after the Marmen Inc. judgement.
Devinder Bagia+104 Aug 2025
Intellectual Property All Industries+4
Patentability of intermediates – Troubling interpretation: A critique of the Zeria judgment
The article discusses a recent decision of the Delhi High Court which has upheld the refusal of a patent by extending the therapeutic efficacy requirement to intermediates.
Prosenjit Chattopadhyay+104 Aug 2025
General Corporate All Industries+1
Share Based Employee Benefits: Forex Compliances
Employees Stock Option is a scheme under which options are granted to the directors, officers or employees of a company or of its holding company or subsidiary company or companies, giving them the benefit or right to purchase, or to subscribe for, the shares of the company at a future date at a pre-determined price. The article discusses the share-based benefits and Forex compliances of this scheme.
Noorul Hassan+130 Jul 2025
GST Consultancy All Industries
Export refund: Prospective omission of Rule 96(10) of CGST Rules and retro-active applicability to pending proceedings
The article highlights the retroactive impact of the amendment relating to export refunds, in the light of recent High Court decisions. The authors note that while GST Council has simplified the export refund process for the future from 2024, the amendment was not made retrospective by the legislature, and hence creating problems.
Asish Philip Abraham+129 Jul 2025
Customs All Industries
Navigating RoDTEP compliances – Filing of Annual RoDTEP Return
The article discusses the compliances and filing of annual RoDTEP return under RoDTEP schemes. The scheme is beneficial for exporters which require them to indicate in their shipping bills that they intend to claim the benefit under the said scheme. Such benefit would be granted to the eligible exporters at a notified rate as a percentage of FOB value as mentioned in Appendix 4R of FTP 2023.
Srinidhi Ganeshan+128 Jul 2025
Customs All Industries
Internal Compliance Programs for export of dual-use items: Key insights from DGFT’s draft framework
The article discusses the key considerations for entities while drafting their ICPs in line with the Draft Management System Requirements.
Srinidhi Ganeshan+128 Jul 2025

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