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Ancient Egyptian law, courting as far back as 3000 BC, was based on the idea of Ma’at and characterised by tradition, rhetorical speech, social equality and impartiality. By the twenty second century BC, the ancient Sumerian ruler Ur-Nammu had formulated the first law code, which consisted of casuistic statements (“if … then …”). Around 1760 BC, King Hammurabi further developed Babylonian law, by codifying and inscribing it in stone. Hammurabi placed several copies of his law code all through the dominion of Babylon as stelae, for the complete public to see; this turned often known as the Codex Hammurabi. The most intact copy of these stelae was found within the 19th century by British Assyriologists, and has since been fully transliterated and translated into various languages, together with English, Italian, German, and French.
The precedent set by the courts via the twelfth and thirteenth centuries had been often primarily based on tradition and custom, and have become often recognized as a “common law” system. While the term frequent law is used to discuss with rules applied to courtroom choices, a common law system refers to a authorized system that places great Law news weight on judicial decisions made in prior comparable circumstances. In the United States, frequent law, or precedent, is used to help guarantee related leads to comparable instances. Common law is a term used to discuss with law that is developed by way of choices of the courtroom, somewhat than by relying solely on statutes or regulations.
Introduction of Goods and Services Tax is a significant step in the reform of indirect taxation in India. Amalgamating several Central and State taxes into a single tax would mitigate cascading or double taxation, facilitating a typical nationwide market. The simplicity of the tax should lead to easier administration and enforcement. Goods and Services Tax is a comprehensive indirect tax on manufacture, sale and consumption of products and services throughout India to switch taxes levied by the central and state governments. It was introduced as The Constitution Act 2016, following the passage of Constitution a hundred and first Amendment Bill.