Government entity supplies exempted when funded by grants - clarifies exemption scope and defines Government Entity. A new exemption covers Duty Credit Scrips and supplies by a Government Entity to government or specified persons when consideration is received as grants; the Explanation revises trademark identity wording, omits and renumbers clauses, and defines Government Entity as a legislative or government-established body with ninety percent or more equity or control. ANNEXURE I requires a brand-owner affidavit voluntarily foregoing actionable claims and authorising packers to print that forgone status on unit containers.
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.
Government entity supplies exempted when funded by grants - clarifies exemption scope and defines Government Entity.
A new exemption covers Duty Credit Scrips and supplies by a Government Entity to government or specified persons when consideration is received as grants; the Explanation revises trademark identity wording, omits and renumbers clauses, and defines Government Entity as a legislative or government-established body with ninety percent or more equity or control. ANNEXURE I requires a brand-owner affidavit voluntarily foregoing actionable claims and authorising packers to print that forgone status on unit containers.
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