Content ownership determines GST treatment of printed publications: customer-supplied text is a taxable printing service, owned content is exempt good...
Employee recoveries, input tax credit and notice pay recovery under GST: AAR distinguishes taxable supplies from non-taxable perquisites and penalties...
The Bill provides statutory recognition and enforceability for...
Digital Trade Facilitation Bill recognising electronic trade documents and enabling cross border trust services with legal validity and provider obligations
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
The Bill provides statutory recognition and enforceability for electronic trade documents, requiring that such documents contain the information of corresponding paper instruments and be secured by a "reliable method" that establishes identity, control, integrity and an audit trail; compliance confers the same legal effects as paper possession and transfer. It establishes legal validity and admissibility for electronic identification, identity management and trust services, prescribes provider obligations and subscriber duties, and creates presumptions of reliability for notified methods. The Bill enables cross border recognition where foreign methods offer equivalent or substantially equivalent assurance and amends existing laws to include electronic forms.
The Bill provides statutory recognition and enforceability for electronic trade documents, requiring that such documents contain the information of corresponding paper instruments and be secured by a "reliable method" that establishes identity, control, integrity and an audit trail; compliance confers the same legal effects as paper possession and transfer. It establishes legal validity and admissibility for electronic identification, identity management and trust services, prescribes provider obligations and subscriber duties, and creates presumptions of reliability for notified methods. The Bill enables cross border recognition where foreign methods offer equivalent or substantially equivalent assurance and amends existing laws to include electronic forms.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4821 
Join Channel 
