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Service Tax on Goods Transport ServicesService tax on services rendered by goods trans-port agencies has created an uproar in trade and industry, consignors, consignees and service providers. The agitation has let to Government's setting up two Committees, one after the other for reconsideration but as it stands today, service tax is applicable w.e.f. 1st January 2005. Ravi Holani provides a comprehensive coverage of taxability of goods transport services including credit provisions. Genetic Patent Law and StrategyThe evolution of genetic science promises the power to transform humanity. While the geneticists offer to cure the world of all its problems, the commons view the field with caution because of its interface with life. Though the benefits offered by the field seem to be unlimited, genetics as field is nascent and uncertain. The ambiguities inherent in the field pose challenges for application of the traditional patent principles to genetic inventions.
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