Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
India's fast-growing pet food market, projected from USD 720 million in 2024 to USD 2 billion by 2035 with pet population set to exceed 100 million, faces regulatory gaps from frameworks not tailored to pet nutrition. A policy paper and industry discussions urge harmonized, science-based regulation: reclassify pet food taxation away from current 18% GST toward essential nutrition rates; adopt enforceable national standards; create a single-window compliance system; expand accredited testing and uniform labelling across offline and online channels; and boost awareness and supply-chain readiness to increase manufactured pet food penetration, ensure product safety, and support domestic manufacturing and exports.
India's fast-growing pet food market, projected from USD 720 million in 2024 to USD 2 billion by 2035 with pet population set to exceed 100 million, faces regulatory gaps from frameworks not tailored to pet nutrition. A policy paper and industry discussions urge harmonized, science-based regulation: reclassify pet food taxation away from current 18% GST toward essential nutrition rates; adopt enforceable national standards; create a single-window compliance system; expand accredited testing and uniform labelling across offline and online channels; and boost awareness and supply-chain readiness to increase manufactured pet food penetration, ensure product safety, and support domestic manufacturing and exports.
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