GST officers must explain ‘grounds of arrest’ to offenders, obtain acknowledgement: CBIC, ET LegalWorld
GST officers will now have to explain to offenders about the “grounds of arrest” and obtain a written acknowledgement from them, the CBIC said on Monday. Modifying the guidelines for arrest and bail in relation to offences punishable under the GST Act, the Central Board of Indirect Taxes and Customs (CBIC) said: “The grounds of […]
Sebi says digital platforms not required to obtain SDP status, ET LegalWorld
Market regulator Sebi on Wednesday clarified that digital platforms, used by registered or regulated entities to associate with third parties, are not obligated to seek recognition as Specified Digital Platforms (SDPs). The market regulator also stated that there is currently no regulatory framework in place for governing SDPs. An SDP is a digital platform approved […]