Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The text addresses whether delegated trade restrictions take effect only upon Gazette publication and whether transitional protection in para 1.05(b) of the Foreign Trade Policy applies. It reasons that law must be published to exist and that strict compliance with Gazette publication is a condition precedent to enforceability of delegated legislation, with the consequence that the Notification became operative only on its Gazette publication date. It further concludes that transitional protection applies to import transactions (irrevocable letters of credit) opened before that publication date, with the consequence that the introduced market intervention price could not be applied to those imports.
The text addresses whether delegated trade restrictions take effect only upon Gazette publication and whether transitional protection in para 1.05(b) of the Foreign Trade Policy applies. It reasons that law must be published to exist and that strict compliance with Gazette publication is a condition precedent to enforceability of delegated legislation, with the consequence that the Notification became operative only on its Gazette publication date. It further concludes that transitional protection applies to import transactions (irrevocable letters of credit) opened before that publication date, with the consequence that the introduced market intervention price could not be applied to those imports.
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