Rebate for cooperative purchase of confiscated consumer goods now offered on a uniform basis, subject to eligibility and auction rules. Consumer goods below the specified value threshold may be offered to NCCF, Kendriya Bhandar and authorised consumer cooperatives at a uniform rebate, subject to conditions including ten years' functional activity, filing of Income Tax and VAT/ST returns, annual verification of genuineness by an AC/DC rank officer, appropriate registration, obligation to sell directly to bonafide consumers, no selective purchases, and first come first served allotment; goods above the threshold must be sold by e auction or auction cum tender with no rebate available.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Rebate for cooperative purchase of confiscated consumer goods now offered on a uniform basis, subject to eligibility and auction rules.
Consumer goods below the specified value threshold may be offered to NCCF, Kendriya Bhandar and authorised consumer cooperatives at a uniform rebate, subject to conditions including ten years' functional activity, filing of Income Tax and VAT/ST returns, annual verification of genuineness by an AC/DC rank officer, appropriate registration, obligation to sell directly to bonafide consumers, no selective purchases, and first come first served allotment; goods above the threshold must be sold by e auction or auction cum tender with no rebate available.
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