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of <h1>Petitioner to Deposit 50% Profiteered Amount in Consumer Fund</h1> <h3>M/s. Electronics Mart India Ltd. Versus Union Of India & Ors.</h3> The Delhi HC ordered the petitioner to deposit 50% of the profiteered amount, excluding GST, with the Central Consumer Welfare Fund in an ... Profiteering - deposit of 50% of the purported anti-profiteering amount - HELD THAT:- In line with the statement made by learned counsel for the petitioner, 50% of the aforementioned amount, after excluding the GST component, will be deposited by the petitioner with the Central Consumer Welfare Fund before the next date of hearing. The proof of deposit will be placed on record. Subject to the aforesaid, there shall be a stay on the operation of the impugned order - List the matter on 29.04.2021. The Delhi High Court issued an order in a case involving anti-profiteering. The petitioner agreed to deposit 50% of the profiteered amount, excluding GST, with the Central Consumer Welfare Fund. The operation of the impugned order was stayed, and the next hearing is scheduled for 29.04.2021.
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