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Debut Indian ‘patent trolls’ ‘weak-patent’ infringement applications get dismissed by IPAB. Instead of filing civil suits for patent infringement, both patentees complained to customs commissioners at various entry ports, requesting seizing imports. The first patent was for a ‘laser marking and engraving machine’, and the second was for ‘marking, etching and engraving by using laser beam on metals and non-metals’ [Spciy IP India]

Retiring RTI commissioner Shailesh Gandhi predicts RTI pendency to rise from present 20,000 to 80,000 – 90,000 appeals and complaints over the next five years, translating into ‘a three to four year wait at the commission’. Present waiting period is eight to nine months. Many cases from 2010 still pending [Firstpost]

Routing capital-gains transactions through Mauritius to save tax could be history. Mauritius offers to amend Indo-Mauritius tax treaty to include ‘limitation of benefits’ clause to deny tax concessions to ‘post box operations’ set up in Mauritius to gain treaty benefits [ET]

Guj HC protects section 80-HHC of Income Tax Act, from retrospective amendments. The section deals with deductions in respect of profits retained for export business. The Taxation Law (Amendment) Act 2005 was seeking to withdraw incentives granted to exporters under the section [ET]

EU rejects the Anti-Counterfeiting Trade Agreement for fear of resultant internet censorship and loss of privacy over the internet. US, Australia, Canada, Japan, Morocco, New Zealand, Singapore, and South Korea have signed but not ratified the agreement [Firstpost]

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Recommend! +0 Objection! -0 DigitalAsian 2012-07-06 09:47
EU has done something right for a change by rejecting ACTA as this legislation would impact upon India's generic drug industry.
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