<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Procedure for grant of lesser penalty</title>
    <link>https://www.taxtmi.com/acts?id=44149</link>
    <description>Procedure for grant of lesser penalty sets a priority based process: applicants must submit material information as per Schedule I or intimate availability to the designated authority, which will place the matter before the Commission within ten working days. Applications are allowed during inquiry but not after the Commission receives the investigation report. Receipt timing is determined from designated authority records. The Commission marks priority status and notifies applicants; mere marking does not guarantee lesser penalty. If only an intimation is made, a full application must follow within fifteen days or priority is forfeited. Evaluation occurs sequentially and the Commission communicates its decision.</description>
    <language>en-us</language>
    <pubDate>Wed, 18 Sep 2024 16:40:54 +0530</pubDate>
    <lastBuildDate>Tue, 15 Oct 2024 16:46:10 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=768971" rel="self" type="application/rss+xml"/>
    <item>
      <title>Procedure for grant of lesser penalty</title>
      <link>https://www.taxtmi.com/acts?id=44149</link>
      <description>Procedure for grant of lesser penalty sets a priority based process: applicants must submit material information as per Schedule I or intimate availability to the designated authority, which will place the matter before the Commission within ten working days. Applications are allowed during inquiry but not after the Commission receives the investigation report. Receipt timing is determined from designated authority records. The Commission marks priority status and notifies applicants; mere marking does not guarantee lesser penalty. If only an intimation is made, a full application must follow within fifteen days or priority is forfeited. Evaluation occurs sequentially and the Commission communicates its decision.</description>
      <category>Act-Rules</category>
      <law>Law of Competition</law>
      <pubDate>Wed, 18 Sep 2024 16:40:54 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=44149</guid>
    </item>
  </channel>
</rss>