Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Bid-rigging cartel involving Toyfort, Austere Systems, and Fimo Info Solutions in soil testing tenders floated by Uttar Pradesh Agriculture Department contravened Section 3(1) read with Section 3(3)(d) of Competition Act. Toyfort submitted cover bids to support Austere Systems' bid, ensuring tender participation. Considering firms' nil relevant turnover, total turnover used for penalty computation. Toyfort's penalty reduced to 3% of average annual turnover for supporting role. Commission's cease-and-desist order and finding of contravention upheld.
Bid-rigging cartel involving Toyfort, Austere Systems, and Fimo Info Solutions in soil testing tenders floated by Uttar Pradesh Agriculture Department contravened Section 3(1) read with Section 3(3)(d) of Competition Act. Toyfort submitted cover bids to support Austere Systems' bid, ensuring tender participation. Considering firms' nil relevant turnover, total turnover used for penalty computation. Toyfort's penalty reduced to 3% of average annual turnover for supporting role. Commission's cease-and-desist order and finding of contravention upheld.
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