Government of India allows revision application on price increase for 'rejected black' T.R. Belting The revision application by the petitioners regarding the increase in price for T.R. Belting of 'rejected black' variety was allowed by the Government of ...
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Government of India allows revision application on price increase for 'rejected black' T.R. Belting
The revision application by the petitioners regarding the increase in price for T.R. Belting of 'rejected black' variety was allowed by the Government of India. The increase in price, based on a manufacturers' resolution, was deemed impermissible to be enhanced retroactively.
The Government of India considered the revision application by the petitioners regarding the increase in price for T.R. Belting of 'rejected black' variety. The increase was based on a resolution passed by manufacturers, but Government accepted petitioners' plea that the price cannot be enhanced retroactively. Therefore, the revision application was allowed.
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