Drawings/designs supply and erection supervision fees from German contractor: designs non-taxable; supervision taxed as FTS/PE depending on six-month ...
Imported analyser diagnostic cartridges treated as accessories with analyser system, not standalone diagnostic reagents; extended limitation and penal...
Steel-timber construction shuttering/formwork tariff classification dispute: essential character held steel, classified as shuttering under Heading 73...
Regulations amend the 2018 framework for depositories and participants, effective 30 days after publication. They expand board composition to include executive directors and redefine regulation 26 to cover appointment, role, and responsibilities of the managing director, who must manage overall affairs, compliance, risk, public-interest functions under Verticals 1 and 2, and infrastructure adequacy. A new regulation 26A mandates each depository to appoint at least two executive directors heading Verticals 1 and 2, with status, tenure, age limits, and appointment processes aligned with the managing director, and board-service restrictions. New regulations 81B and 81C require appointment of a chief technology officer and chief information security officer with specified technology, cybersecurity, and risk-management functions.
Regulations amend the 2018 framework for depositories and participants, effective 30 days after publication. They expand board composition to include executive directors and redefine regulation 26 to cover appointment, role, and responsibilities of the managing director, who must manage overall affairs, compliance, risk, public-interest functions under Verticals 1 and 2, and infrastructure adequacy. A new regulation 26A mandates each depository to appoint at least two executive directors heading Verticals 1 and 2, with status, tenure, age limits, and appointment processes aligned with the managing director, and board-service restrictions. New regulations 81B and 81C require appointment of a chief technology officer and chief information security officer with specified technology, cybersecurity, and risk-management functions.
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