In re Audio Distribution House Pvt. Ltd (CAAR Mumbai) CAAR held that projectors Optoma X309ST, Optoma X319ST, Optoma W319ST, Optoma ZW350 and Optoma ZX300 are classifiable under sub-heading 85286200 of the first schedule to the Customs Tariff Act, 1975 and would be eligible to avail benefit of Sr. No. 17 of Notification No. 24/2005-Customs, dated […]
Ashwani Kumar Singla Vs Sun Pharmaceutical Industries Limited (Competition Commission of India) The Commission observes that while determination of price of a drug and the aspects pertaining to its labeling may not be in the domain of the Commission, however, any unfair or discriminatory conduct in relation thereto by a dominant entity can be assessed […]
In re Cartelisation in the supply of Protective Tubes to Indian Railways (Competition Commission of India) Facts: 1. The present matter was initiated by the Commission suo motu, pursuant to receipt of an application under Section 46 of the Competition Act, 2002 (Act) read with Regulation 5 of the Competition Commission of India (Lesser Penalty) […]
Hexa Communications Private Limited Vs Atos India Private Limited (Competition Commission of India) The Commission, in the facts and circumstances of the present case, observes that there shall not be any requirement of defining a precise relevant market for the assessment of dominance of the Opposite Party. The products of the Opposite Party, namely, enterprise […]
Confederation of Professional Baseball Softball Clubs Vs Amateur Baseball Federation of India (Competition Commission of India) The Commission observes that ABFI by issuing communication dated 07.01.2021 to its affiliated State Baseball Associations requesting them not to entertain the unrecognised bodies and further by requesting them not to allow their respective State players to participate in […]
State Goods & Services Tax Department Government of Kerala Amnesty Scheme – 2022 The Government of Kerala vide Circular No. 5/2022 dated March 25, 2022, unveils an Amnesty Scheme, 2022 to settle outstanding tax dues pertaining to the period before GST introduction. The Amnesty scheme will be applicable for all pending tax arrears including cases […]
The ban on single use plastic to be enforced from July,2o22, is a pragmatic step and much needed to protect the environment but in the absence of equivalent alternatives it could prove to be a nightmare for trade & commerce in India.
CBIC Bank Account Management Module Authorized Dealer Code Bank Account Registration Advisory Advisory for Authorized Dealer Code (ADC) Bank Account Registration – Applicable to a new Bank Account Registration and Modification of an existing Bank Account registered against an AD Code at a Port Location A. Background Every IEC holder registers himself in multiple Port […]
ITAT Ahmedabad cancels penalty on Anisha R. Dhanani. Unexplained cash credit addition lacked accurate particulars. Bona-fide explanation considered.
Reduced compliance burden for insurance companies IRDAI, in its continuous endeavour towards promoting ease of doing business for insurance companies in India, has reviewed and rationalized the regulatory returns to be filed by the Insurance Companies. In its latest circular dated 10.06.2022, IRDAI has reduced the number of off-line returns being submitted by Life Insurers […]
