https://www.taxtmi.com/news?id=20961 The association required a mandatory No Objection Certificate for appointment of stockists, imposed pre-introduction charges and prescribed trade margins, conduct found to constitute prohibited restrictive agreements. After investigation, rehearing and cross-examination opportunities, the Commission directed cessation of those practices and levied a monetary penalty calculated at ten percent of the association's average relevant income under the Act's penalty provisions. en-us Thu, 17 Jan 2019 10:05:48 +0530 Thu, 17 Jan 2019 10:05:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20961 The association required a mandatory No Objection Certificate for appointment of stockists, imposed pre-introduction charges and prescribed trade margins, conduct found to constitute prohibited restrictive agreements. After investigation, rehearing and cross-examination opportunities, the Commission directed cessation of those practices and levied a monetary penalty calculated at ten percent of the association's average relevant income under the Act's penalty provisions. News - Thu, 17 Jan 2019 10:05:48 +0530 https://www.taxtmi.com/news?id=20961