In today’s fast-paced digital economy, technology firms are at the heart of innovation. Many of these companies in India thrive under the Software Technology Parks of India (STPI) scheme — a government initiative designed to support tech-driven exports and foster global competitiveness. However, while STPI collaborations offer immense growth opportunities, they also bring a critical […]
In the global business world, disputes are almost inevitable. Whether it’s a disagreement between a vendor and a supplier, a conflict over export obligations, or a clash involving intellectual property (IP) licensing, every issue requires a clear and effective way to resolve differences. The method chosen to resolve disputes can greatly influence time, cost, and
In the fast-paced world of technology and innovation, Software Technology Parks of India (STPI) units have become a crucial part of the country’s digital ecosystem. These units play a major role in driving exports, promoting innovation, and supporting start-ups and tech giants alike. However, as tech collaborations expand, so do the chances of contractual disputes.
Contractual Disputes in STPI Units: Arbitration vs. Litigation for Tech Partnerships Read More »
Goods and Services Tax (GST) introduced the Advance Ruling mechanism to ensure tax certainty for businesses. This process allows taxpayers to proactively seek clarity on their tax liabilities before undertaking a transaction. Consequently, a favourable ruling offers significant operational predictability. However, an adverse or flawed ruling can severely disrupt business operations and financial planning. Therefore,
Challenging or Defending GST Advance Ruling Orders: Legal Strategies and Remedies Read More »
In international trade, the relationship between importers and foreign suppliers often goes beyond mere business transactions. When both parties are related, questions about the correctness of import value naturally arise. The Indian Customs Department, through the Special Valuation Branch (SVB), ensures that the declared value of imported goods reflects the true transaction value. This process
Analyze recurring tax conflicts – Tax laws are the backbone of a nation’s economy. Yet, despite the structure and guidance, recurring tax conflicts continue to arise. Businesses across India often face uncertainty in interpreting tax provisions, especially under the Goods and Services Tax (GST) regime. The complexity of classification, valuation, and exemptions adds multiple layers
