Knowledge Session: Key developments in tax, trade & employment laws

Lakshmikumaran & Sridharan Attorneys (LKS) is participating as the exclusive Knowledge Partner in a half-day seminar organised by the Institute of Business Laws (IBL), covering key updates and practical implications under GST, Customs & FTP, Labour Codes, and FEMA.

Bringing together critical regulatory updates, interpretational issues, and compliance priorities, the seminar will cover areas such as export refunds, related party transactions, FTAs, customs audits, MOOWR and SCOMET regulations, wage structuring under labour codes, and evolving FEMA provisions for trade transactions.

Curated for tax, legal, finance, HR, and business leaders, the session is designed to deliver strategic perspectives and actionable takeaways for navigating today’s increasingly dynamic regulatory and business environment.

Customs and FTP
 

1. Leveraging FTAs for fulling Export Obligations & export growth
2. Relevance of Classification / Exemptions under the Customs Law
3. Latest Trends in Customs Felicitation / Ease of Doing Business- Customs Audit Regulations
4. Glimpse of MOOWR Scheme
5. SCOMET Regulations & Compliance (including recent updates)
6. Importance of Advance Ruling Mechanism in Customs
7. DGFT/Department of Commerce-their say in fiscal matters
8. Recent developments in Customs & Foreign Tade area (Case laws, Notifications, Circulars, etc.)
    

GST
 

• Refund in case of exports and inverted duty structure
• Input service distribution
• Intermediary Services
• Related party transactions
• Other miscellaneous issues
   

Labour Codes
 

• Overview of Labour Codes
• Universal definition of Wages : Decoding the 50-50 rule and Restructuring 
• Change in thresholds and compliance requirements
   

FEMA
 

• Declaration for export of goods, services and software in a master form – Form EDF
• Revision in payment timelines for import and export transactions
• Liberalisation of the set-off process and revamp of write-off provisions
• Simplification of Merchanting Trade Transactions (MTT)
   

Speakers- 

• Nambirajan R. , Principal Partner
• T  Viswanathan, Principal Partner
• Ratan Jain, Executive Partner
• Asish Philip, Executive Partner
• Nirav Karia, Partner
• Chaitanya Bhatt, Partner
• Pratyush Jain, Principal Associate