Search Results for Tag : Supplier

News

SC: Party Who Was Not Supplier on Date of Entering Into Contract Can’t Seek Benefit Under MSMED Act(02.11.2022)

Supreme Court has held that a party who was not 'supplier' on the date of entering into contract cannot seek any benefit as the 'supplier' under the M.....

Tags : Supreme Court, MSMED, Supplier

CESTAT, Chennai : Royalty Need Not be Included in Transaction Value if Not Paid to Foreign Supplier(29.04.2022)

Customs, Excise & Service Tax Appellate Tribunal, Chennai has ruled that royalty need not be incorporated in transaction value if not paid to a foreig.....

Tags : Customs, Excise & Service Tax Appellate Tribunal, royalty, foreign supplier

ITAT, Mumbai: Depreciation Allowable on Marketing Information and Non-Compete Fee(11.04.2022)

Income Tax Appellate Tribunal, Mumbai has observed that the depreciation is allowable on intangible assets such as marketing information comprising of.....

Tags : Income Tax Appellate Tribunal, depreciation, intangible, marketing information, Commercial information, Customer data, Distribution network, Suppliers contract, Non-compete fees

NAA Directs GST Officers to Collect Evidence Against Suppliers Denying GST Rate Cut Benefits(25.06.2021)

National Anti-Profiteering Authority (NAA) has directed Goods and Services Tax officers to collect evidence against suppliers denying GST Rate Cut ben.....

Tags : National Anti-Profiteering Authority, Suppliers Denying GST Rate Cut Benefits

CESTAT: No Excise Duty on Goods Manufactured on Job Work Basis(18.05.2022)

Customs, Excise & Service Tax Appellate Tribunal, Ahmedabad has ruled that no excise duty on goods manufactured on job work basis from old and used go.....

Tags : Customs, Excise & Service Tax Appellate Tribunal, excise duty, job work, supplier

Notifications & Circulars

Price-Fixing Cartel amongst suppliers of Electric Power Steering Systems to automobile Original Equipment Manufacturers(15.08.2019)

The Competition Commission of India ('CCI') passed a final order with respect to cartelisation amongst NSK Limited, Japan ('NSK') and JTEKT Corporatio.....

Tags : Price-Fixing, Cartel, Suppliers

Judgments

Cannot interfere in free choice of buyer: CCI(28.06.2016)

The Competition Commission of India dismissed a complaint against a defence procuring department for ‘bid-rigging’, stating that the Commission “does .....

Tags : defence, procurement, furniture, supplier, bid-rigging