https://www.taxtmi.com/caselaws?id=456954 The National Consumer Disputes Redressal Commission ruled on whether a company's purchase of goods for directors' personal use constitutes commercial purpose under Section 2(1)(d) of the Consumer Protection Act. The Commission held that goods purchased by a company for personal use of directors/employees do not constitute commercial purpose, regardless of incidental company use. However, goods purchased for company purposes constitute commercial purpose even if incidentally used personally by directors/employees. The test is whether the acquisition is intrinsically connected to business activities and aimed at generating profits, not the value of goods purchased. en-us Fri, 08 Jul 2016 00:00:00 +0530 Wed, 28 Aug 2024 19:33:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456954 The National Consumer Disputes Redressal Commission ruled on whether a company's purchase of goods for directors' personal use constitutes commercial purpose under Section 2(1)(d) of the Consumer Protection Act. The Commission held that goods purchased by a company for personal use of directors/employees do not constitute commercial purpose, regardless of incidental company use. However, goods purchased for company purposes constitute commercial purpose even if incidentally used personally by directors/employees. The test is whether the acquisition is intrinsically connected to business activities and aimed at generating profits, not the value of goods purchased. Case-Laws Indian Laws Fri, 08 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456954