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Cash to be maintained by banks, as referred to in the Annex of the notification ibid, shall also include the balances held by banks with RBI under Standing Deposit Facility (SDF).
In case of gems and jewellery unit, the semi-finished goods, precious metals and any other raw material (excluding diamonds or precious and semi-precious stones or lab grown diamonds) taken outside the Special Economic Zone for sub-contracting of studding by the unit shall be brought back into the unit within forty-five days
M. M. Traders State of U P (Allahabad High Court) All the aforequoted writ petitions have been filed aggrieved with blocking of input tax credit by the concerned authority under Rule 86 A of the C.G.S.T. /U.P. G.S.T. Rules, 2017. Rule 86 A(2) of the C.G. & S.T. Rules, 2017, which provides as under :- […]
If a company needs money without reducing its equity status, the Company selects a Debentures Issue. It is a debt to the Company. It is similar to borrowing money that needs to be repaid over a while. Debentures have a fixed interest rate. Both organizations and governments often issue debentures to raise funds or capital. […]
With the Corporate Social Responsibility (CSR), Companies are able to develop their own social investment strategies and decide where to invest and implement programs, but the government has recommended particular areas of need, including eradicating hunger and poverty, maternal and child health, promoting gender equality and environmental sustainability etc. Companies should give preference to the […]
Manav Seva Dham Vs. Maruti Suzuki India Ltd and Others (Competition Commission of India) The Commission observes that, in the present case, the Informant, while raising the issues in the interest of the public, is primarily aggrieved by the alleged conduct of the Opposite Parties of disallowing/denial of the cashless claim to consumers if the […]
Cryogas Equipment Private Limited Vs. Inox India Private Limited (Competition Commission of India) The Commission, at the outset, notes that the allegations in the instant matter emanates from a suit instituted by Inox against CEPL for infringement of its copyright in the drawings of LNG semi-trailer by CEPL, which CEPL alleges is in the nature of […]
Praveen Khandelwal Vs. Sppin India Pvt. Ltd (Competition Commission of India) ‘Shopee has had a very recent launch in the market of online platforms in India, which already has the presence of the e-commerce companies like Amazon, Flipkart, Myntra, Nykaa etc., which have been operating for some time now. The Commission further notes that, though the […]
Vaibhav Mishra Vs Sppin India Pvt. Ltd. (Shopee) (Competition Commission of India) The Commission has perused the Information and also noted the information available in the public domain. The gravamen of the allegations pertains to the ‘deep discounts’ offered by Shopee on its e-commerce platform on various products by selling them at extremely low prices, […]
AIOVA Sellers Association Vs Amazon Seller Services Pvt. Ltd. & Others (Competition Commission of India) The Commission has perused the admissible material on record and notes that the crux of the Informant’s allegations against the OPs is that there exist anti-competitive arrangements amongst the OPs, resulting in alleged ‘lack of platform neutrality’ on OP-1’s marketplace. […]
