Background The Assessee is a company incorporated in Japan. It is engaged, inter alia, in the business of construction of storage tanks as also engineering etc. It formed a consortium with various parties and entered into an Agreement with Petronet LNG Limited (“LNG Petronet”) on 19-1-2001 for setting up a Liquefied Natural Gas (LNG) receiving, […]
EVOLUTION OF TERRITORIAL NEXUS UNDER GOVERNMENT OF INDIA ACTS
Territorial Nexus – Concept The concept of Sovereignty outlines a nation’s exclusive right to govern itself without interference from other Nations. As a general principle laws made by one State have no operation in any other state. The advancement in science and technology have led to a substantial increase in trade, commerce, services. There is […]