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Archive: 19 June 2022

Posts in 19 June 2022

Postmortem of Union Budget 2024: A Comprehensive Webinar

July 16, 2024 3855 Views 3 comments Print

Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!

Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

July 14, 2024 3498 Views 0 comment Print

Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!

NCDRC Order Builder have to refund with interest to Homebuyer

June 19, 2022 3489 Views 0 comment Print

The Builder will have to refund the amount with interest to Homebuyer if possession of the flat is not given on time. Jaypee Builder has been ordered by The National Consumer Disputes Redressal Commission (NCDRC) to refund the money along with interest for non-delivery of the booked flats in the Cove Greater Noida Project located […]

Spot coolers merit classification under subheading 84158290

June 19, 2022 930 Views 0 comment Print

In re Toyota Tsusho India Pvt. Ltd (CAAR Mumbai) As per the explanatory notes to heading 8415, the heading excludes refrigeration units designed to maintain a fixed temperature well below 0°C in a closed chamber (e.g., lorry, trailer or container), and fitted with a heating system to raise the temperature in the chamber, within certain […]

Laden/unladen IBCs imported into India are eligible to avail exemption

June 19, 2022 1890 Views 0 comment Print

In re GDPK Returnable Solutions India Private Limited (CAAR Mumbai) Temporary import/re-export of Intermediate Bulk Containers (IBCs) as reusable packing containers and its eligibility to avail duty exemption (a) the laden/ unladen IBCs imported into India are eligible to avail the exemption under the Notification No. 104/94-Cus., dated 16.03.1994; (b) There is no requirement to […]

CCI finds no contravention by Punjab State Warehousing Corporation

June 19, 2022 702 Views 0 comment Print

In re Private Entrepreneurs Godowns Association Vs Punjab State Warehousing Corporation (CCI) As far as the allegations of there being an anti-competitive agreement in violation of competition law amongst OP-1 and OP-2 are concerned, the Commission observes that the Informant, besides making bald allegations, has placed on record no material, which may even prima facie […]

No violation of competition act by non-disclosure of technical know-how of machine

June 19, 2022 390 Views 0 comment Print

In re House of Diagnostics LLP Vs Neurologica Corporation (CCI) It has been alleged by the Informant that OP-4 is the exclusive aftersales service provider of OP-1 in India with respect to the machine in question. On the other hand, OP-4 has replied that though it is the authorised service provider of aftersales services with […]

CCI finds no prima facie case of contravention against Britannia Industries

June 19, 2022 1737 Views 0 comment Print

In re Hiveloop Technology Pvt. Ltd. Vs Britannia Industries Ltd. (CCI) The Commission finds that, with respect to the allegation of discrimination between the Informant and other distributors of Britannia, neither the Informant nor its group entity can be said to be similarly placed as other, more than three thousand, distributors of Britannia. In the […]

CCI order investigation against BookMyShow

June 19, 2022 2799 Views 0 comment Print

In re Vijay Gopal Vs Big Tree Entertainment Pvt. Ltd. (CCI) The exclusive and restrictive agreements of BookMyShow with single screen cinemas and multiplexes, in conjunction, prima facie appear to have the potential of denying market access to competing platforms and potential entrants. The cinema theatres as well as the cinegoers alike are restricted in […]

Treatment of Discount Under GST – Section 15(3) of CGST Act 2017

June 19, 2022 41241 Views 0 comment Print

Understanding the Treatment of Discount Under GST – Section 15(3) of CGST Act 2017. Learn about the rules and conditions for excluding discounts from the value of supply.

All About MSMEs – Micro, Small and Medium Enterprises

June 19, 2022 3465 Views 0 comment Print

Discover everything you need to know about MSMEs – Micro, Small and Medium Enterprises. Learn about their contribution to the economy and their impact on employment.

Income Tax Dept aims to spread tax literacy among children through games, puzzles & comics

June 19, 2022 1098 Views 0 comment Print

Income Tax Department aims to spread tax literacy among children through games, puzzles and comics Moving beyond text based literature, awareness seminars and workshops, the Central Board of Direct Taxes (CBDT) has adopted a novel approach to spread tax literacy through ‘learn by play’ methods.  CBDT has brought out products to introduce concepts related to […]

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