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WAREHOUSING RULES
SC quashes CCI’s Rs 202 crore penalty on Amazon over Future Coupons dealThe Supreme Court has overturned a Rs 202-crore penalty imposed on Amazon by the Competition Commission of India. This penalty was related ...- India’s $85 billion gems & jewellery sector gets policy fillip, closes in on Dubai, Hong KongThe recent FTWZ expansion by the government is expected to create more opportunities for India’s jewellery sector and elevate the country's...
- Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEsIndustry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
- SEZ units can sell locally at lower duty for one yearIndia has announced a one-time relief for Special Economic Zone (SEZ) units, allowing them to sell goods in the domestic market at a lower ...
- Concession pact revamped for multi-modal logistics parks to boost ease of doing businessThe government is developing 35 Multi Modal Logistics Parks across India. A new agreement framework will speed up their construction and di...
- Chip firms tap Gujarat govt for free trade zone and shared warehouseSemiconductor equipment makers, memory storage suppliers and companies that specialise in chip packaging and testing have approached the Gu...
- Safe harbour move to help India outcompete peers in component warehousing, supply chain: OfficialsThe budget proposed a revamped safe harbour regime for component warehousing linked to manufacturing, fixing taxable margins at 2% which wo...
- Parliamentary panel hails growth in pledge financing against electronic negotiable warehouse receiptThe panel also asked WDRA to continue its efforts to create an environment for promoting e-NWR and pledge financing. The WDRA was constitut...
- Budget 2023: Focus on industrial real estate, warehousing can create lakhs of jobs by 2025A cost-effective, robust logistics and warehousing sector has become critical in today's global business and economic environment.
- Sebi links warehousing rules to net worth of individualsSebi has followed the equity method of stipulating networth criteria for warehouse service providers.
- Passage of GST bill through Rajya Sabha will lead to consolidation of warehouse capacityGST, the biggest indirect tax reform since 1947, which is expected to boost manufacturing, will replace central taxes like excise duty and ...
- Warehousing Corporation Bill passed in Lok Sabha; government rules out privatisationPaswan said the grain storage capacity in the country was adequate but farmers at many places suffered due to lack of centres where they ca...
- Forward Markets Commission tightens rules for warehousing service providersThe new norms will take effect after March 31, 2015 and the existing service providers in their current format will not be allowed to opera...
- Misuse of warehouse facility led to blockage of revenue: CAGCompliance audit report of Department of Revenue said monitoring of warehouses was weak and maintenance of records was improper.
- Goldman Sachs and Coca Cola competing over Metro International Trade ServicesFinancial giant Goldman Sachs and a beverage giant Coca Cola are fighting over a warehousing company Metro International Trade Services.
- Warehousing authority to get top team by OctThe warehousing authority being set up to make warehouse receipts negotiable and tradeable is likely to get a chairman and two members by O...
- Lack of policy framework breeds illegal warehousing operationsAbsence of laid-out rules or a framework for warehousing segment development, considered to be the first and foremost building block of the...
- Foreign cargo airlines' income from warehousing not taxableThe income from letting out warehousing space by overseas cargo airlines at the airport to another firm appointed for handling the airline'...
- SC upholds Coke stand on taxing warehousing feeIn a recent ruling on an appeal filed by Coca-Cola, the Supreme Court has reaffirmed one of the time-tested principles of Indian tax system...
- SC gives relief to Hindustan Coca Cola in TDS caseThe court held that Hindustan Coca Cola is not liable to pay further tax to the govt on warehousing charges paid to a company, which had al...
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