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Archive: May, 2026

Posts in May, 2026

Hospital Room Charges Cannot Be Compared With Hotel Tariffs: CCI

May 22, 2026 228 Views 0 comment Print

Competition Commission of India held that hospital rooms provide medical infrastructure, emergency support, and trained healthcare staff, making them fundamentally different from hotel accommodations. It therefore rejected findings based on comparisons between hospital room rents and hotel tariffs.

DGFT Launches online Certificate issuance module for Agarwood

May 22, 2026 528 Views 0 comment Print

The DGFT introduced a digital system for issuance of Certificates of Origin for Agarwood exports through the Trade Connect ePlatform. The module aims to ensure transparency, paperless processing, and compliance with international trade requirements including CITES norms.

DGFT Allocates 8606 MTRV Raw Cane Sugar Export Quota to USA Under TRQ Scheme

May 22, 2026 378 Views 0 comment Print

The DGFT notified allocation of 8606 MTRV raw cane sugar exports to the United States for US fiscal year 2026 under the TRQ scheme. The notice also clarified certification, quota operation, and reporting compliance requirements.

NBFCs in India: Legal Framework, Classification, SBR & Compliance Guide

May 22, 2026 1048 Views 0 comment Print

The article explains that a company qualifies as an NBFC only when more than 50% of both its assets and income arise from financial activities. Failing either condition means the entity cannot be treated as an NBFC under the RBI Act, 1934.

Anti-Dumping Duty Extended Till November 2026 Through Fresh Customs Amendment

May 22, 2026 979 Views 1 comment Print

The Ministry of Finance amended the earlier customs notification to continue anti-dumping duty for an extended period. The notification clarifies that the levy will remain effective unless superseded, revoked, or amended before expiry.

India Imposes Anti-Dumping Duty on Monoisopropylamine Imports From China

May 22, 2026 753 Views 0 comment Print

The government imposed anti-dumping duty on Monoisopropylamine imports after finding that Chinese exports were dumped below normal value. The notification aims to protect domestic manufacturers from price undercutting and material injury.

Section 69A Addition Cannot Be Made Through Section 154 Rectification: ITAT Hyderabad

May 22, 2026 492 Views 0 comment Print

ITAT Hyderabad held that addition of Rs. 13 lakh under Section 69A through rectification proceedings exceeded the scope of Section 154. The Tribunal ruled that issues requiring detailed factual examination cannot be treated as mistakes apparent from record.

Hospital Lab Charges Not Unfair as Standalone Diagnostic Centres Are Not Comparable: CCI

May 22, 2026 234 Views 0 comment Print

Commission found that comparisons between hospital diagnostic charges and standalone labs were inadequate because hospitals operate continuously with different infrastructure requirements.

Incomplete CRCL Test Reports Cannot Justify Reclassification of Imported Solvents as Kerosene: CESTAT Mumbai

May 22, 2026 375 Views 0 comment Print

Tribunal held that Customs authorities could not reclassify imported industrial composite solvent as kerosene when all mandatory BIS specifications were not tested. It observed that missing parameters rendered the laboratory reports inconclusive and legally unreliable.

ITAT Hyderabad Condones 182-Day Delay as Assessee Faced Liver Failure

May 22, 2026 309 Views 0 comment Print

ITAT Hyderabad condoned a 182-day delay in filing the appeal after accepting medical evidence relating to failed liver transplantation and continuous dialysis treatment.

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