https://www.taxtmi.com/notifications?id=121585 The regulations establish a tiered lesser-penalty mechanism: first applicants who make a vital disclosure backed by evidence enabling a prima-facie view, or establishing contravention where the Commission lacks sufficient evidence, may receive reduction up to one hundred percent; subsequent applicants providing "added value" evidence may receive reduced penalties, with second-in-priority applicants eligible for up to fifty percent reduction and third-or-subsequent applicants up to thirty percent. Applicants who are enterprises must name individuals involved for whom lesser penalty is sought. en-us Tue, 08 Aug 2017 00:00:00 +0530 Sun, 15 Sep 2024 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=121585 The regulations establish a tiered lesser-penalty mechanism: first applicants who make a vital disclosure backed by evidence enabling a prima-facie view, or establishing contravention where the Commission lacks sufficient evidence, may receive reduction up to one hundred percent; subsequent applicants providing "added value" evidence may receive reduced penalties, with second-in-priority applicants eligible for up to fifty percent reduction and third-or-subsequent applicants up to thirty percent. Applicants who are enterprises must name individuals involved for whom lesser penalty is sought. Notifications Law of Competition Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=121585