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Income Tax dept searches Pharma Manufacturers & Distributors

July 9, 2022 636 Views 0 comment Print

Income Tax Department conducts searches on Pharmaceutical Manufacturers and Distributors in Haryana and Delhi-NCR The Income Tax Department carried out search and seizure operations on 29.06.2022 on a group engaged in the business of manufacturing and distribution of Pharmaceutical medicines and Real Estate Development. The search action covered 25 premises in Delhi-NCR and Haryana. A large number […]

Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022

July 9, 2022 3063 Views 0 comment Print

‘Guidelines on Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022’ seek to ensure that consumers are not being fooled with unsubstantiated claims, exaggerated promises, misinformation and false claims. Such advertisements violates various rights of consumers such as right to be informed, right to choose and right to be safeguarded against potentially unsafe products and services.

Parle not guilty of Ant-Competitive Practices: CCI

July 9, 2022 1683 Views 0 comment Print

Hiveloop Technology Pvt. Ltd. Vs Parle Products Private Limited (CCI) The Commission notes that, in respect of the assertion of the Informant of ‘must stock’ items, an attempt has been made to show that the stock of a particular type of biscuits of Parle is akin to ‘essential’. It is further claimed that it is […]

Competition Act: No violation due to Collection of Voluntary PIS charges by CCDA from pharma companies

July 9, 2022 756 Views 0 comment Print

Whether the collection of PIS charges by Chhattisgarh Chemist and Druggist Association (CCDA) from pharmaceutical companies was made mandatory/compulsory by CCDA in contravention of provisions of Section 3 of Competition Act?

Solar power plants import by private entity eligible for concessional duty

July 9, 2022 3222 Views 0 comment Print

In re Aquila Solar Power Pvt Ltd (CAAR Mumbai) Whether the applicant, being a private undertaking and engaged in setting up of solar power plants is eligible to import goods at concessional rate? CAAR held that Applicant, being a private undertaking and engaged in setting up of solar power plants is eligible to import goods at concessional […]

Income Tax Dept searches mining group in Odisha

July 8, 2022 2817 Views 0 comment Print

Income Tax Department carried out search and seizure operations on a group engaged in the business of mining, processing and trading of black stones.

Must Have Features For a Billing Software in 2022

July 8, 2022 2277 Views 0 comment Print

Billing software is a combination of systems and techniques helping conceptualise bills and invoices for clients. Billing software now has the technology that allows bills and invoices to be sent to customers offline and online.

Clarification on June term Exam by Institute of Cost Accountants of India

July 8, 2022 3351 Views 0 comment Print

The Institute of Cost Accountants of India Press Release Date 07/07/2022 This is for information of all concerned that 78000 students applied for the Online Intermediate and Final, June 2022 term examination of the Institute covering 210 centres across India and abroad. The attendance of the candidates was above 70% based on portal login count, […]

Nomination of 29 Non-Official Members for Board of Trade

July 8, 2022 1371 Views 0 comment Print

Terms of Reference for the Non-official Members of the Board of Trade would be as follows: (i) To provide a platform to State Governments and UTs for articulating State oriented perspectives on Trade Policy.

GST Council Newsletter for the month of June, 2022

July 8, 2022 1995 Views 0 comment Print

Recommendations of 47th GST Council Meeting The 47th  GST Council met under the chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in Chandigarh on 28th and 29th of June, 2022. The meeting was also attended by Union Minister of State for Finance Shri Pankaj Choudhary besides Finance Ministers of States & UTs […]

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