12 August 2024


Search Results for Tag : Price

Top Story

GST council has notified constitution of Anti-profiteering Authority(20.06.2017)

In order to keep a check on passing of price reduction benefit in tax rate from businesses to consumers, a five-member anti-profiteering authority has.....

Tags : Authority, Constitution, Benefit, Price reduction

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Judgments

CCI lets Wiley India off the hook(28.06.2016)

The Competition Commission of India dismissed a complaint against pre-eminent publisher of scientific, technical and medical journals, Wiley India, fo.....

Tags : wiley india, journal, distribution, authorised agent, resale price maintenance

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High Courts are not precluded from considering the determination of the arm’s length price finalised by the Tribunal(19.04.2023)

The present batch of Civil Appeals arise out of judgments and orders passed by the various High Courts, dismissing the appeals challenging the finding.....

Tags : Arm length price, Determination, Jurisdiction

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Undervaluation has to be proved; if charge of undervaluation cannot be supported either by evidence or information about comparable imports, benefit of doubt must go to importer(10.12.2018)

The issue raised in present appeals pertains to the transaction value/assessable value in respect of imported Aluminum Scrap, which was imported by th.....

Tags : Invoice price, Undervaluation, Proof

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Supreme Court endeavours to protect shareholders from greedy management(25.11.2015)

Transaction buying-back shares purporting to transfer over 15 per cent of total shareholding, particularly when conducted between promoters of a compa.....

Tags : Share, buy-back, minimum price, announcement, cheque

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Reprieve for CSEPDI–TRISHE in Tamil Nadu power project(07.09.2015)

The Court directed TANGEDCO to evaluate CSPEDI-TRISHE bids for setting up thermal power projects in the tender floated. Looking into the tendering pr.....

Tags : Tender, lowest price, quality, electricity

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International Cases

A case for collusion can be based on inference(10.01.2018)

In instant case, the two Respondents, Tourvest Holdings (Pty) Ltd ("Tourvest") and Trigon Travel (Pty) Ltd ("Trigon"), have filed exceptions to the Co.....

Tags : Tender, Issuance, Prices, Fixation, Collusion

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Findings of fact cannot be re-opened and questioned under writ jurisdiction of the Court, the Court can only interfere in cases of no evidence(20.05.2020)

The present set of petitions challenges the orders passed by the learned Appellate Authority, Department of Food Supplies and Consumer Affairs, dismis.....

Tags : Fair Price Shop, Cancellation, Legality

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Right to food is a fundamental right of every human without which the dignified existence of human beings is inconceivable.(24.05.2021)

Present matter is related to Order issued by State Government to give preference to Self-help group in allotment of fair price shop. The Allahabad Hig.....

Tags : Fair price shops, Allotment, public distribution system

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An inference may be drawn in favour of a party who bears the onus if it is the most probable inference to be drawn(10.01.2018)

Present case concerns two exceptions the Respondents have brought to a case referral from the Competition Commission. The Commission alleges that, in .....

Tags : Price fixation, Agreement, Anti-competitive, Contravention

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Buyers/resellers (whether dealers, distributors, or retailers) must remain free to determine their resale price(30.03.2018)

In facts of present case, Respondent was a company engaged in manufacturing and supply of paints and allied products in Karachi and interior Sindh. Co.....

Tags : Re-sale price, Fixation, Contravention

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Notifications & Circulars

Export Policy of Onions - increase in Minimum Export Price(24.08.2015)

The Central government increased the minimum export price of all varieties of onions to $700 per metric ton. An earlier notification had set the minim.....

Tags : Onion, export, minimum price

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Price Dissemination through SMS/Electronic Communication Facility(30.08.2016)

As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile .....

Tags : Electronic Communication, Dissemination, Price

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News

SC: State & Centre Have Concurrent Power to Fix Sugarcane Prices(23.04.2020)

Supreme Court has held that both the Centre and the State have concurrent powers to fix the prices of sugarcane. The Court has further clarified that .....

Tags : Supreme Court, Concurrent Power to Fix Sugarcane Prices

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Uttarakhand HC Directs State Govt. to Consider Paying 50% Minimum Support Price to Farmers(23.04.2020)

Uttarakhand High Court has directed the State Government to consider paying 50% Minimum Support Price for wheat to the farmers so as to address their .....

Tags : Uttarakhand High Court, Minimum Support Price to Farmers

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SC: Arbitration Award Fixing Price of Land Can't be Executed Like a Decree(27.04.2020)

Supreme Court has held that an arbitration award fixing the price of the land cannot be executed like a decree for specific performance of sale agreem.....

Tags : Supreme Court, Arbitration Award Fixing Price of Land

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Allahabad HC Quashes Order on Preference to Self-Help Groups in Allotment of Fair Price Shops(25.05.2021)

Allahabad High Court has quashed an order issued by the Uttar Pradesh Government to give preference to self-help groups in allotment of fair price sho.....

Tags : Allahabad High Court, Allotment of Fair Price Shops

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ITAT, Bangalore: Corporate Guarantee Falls Within Ambit of International Transaction(19.04.2022)

Income Tax Appellate Tribunal, Bangalore has observed that corporate guarantee falls within the extent and ambit of international transaction and Arm’.....

Tags : Income Tax Appellate Tribunal, Arm’s Length Price, international transaction

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Cabinet approves determination of Fair and Remunerative Price payable by Sugar Mills for 2018-19 sugar season - A Farmer Friendly Step(18.07.2018)

Keeping in view the interest of sugarcane farmers, the Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved.....

Tags : Fair price, Determination, Sugar mills

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Price Escalation and Change in Foreign Law can't be Considered Force Majuere : Delhi HC(18.01.2019)

Delhi High Court has held that escalation of price of coal and change in law abroad will not amount to "force majuere" under the agreement, so as to a.....

Tags : Delhi High Court, Price Escalation and Change in Foreign Law

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Cal. HC to Centre: Take Policy Decision on Fixation of Kerosene Oil Prices(13.09.2023)

Calcutta High Court while observing that poorest of poor citizens need kerosene oil to illuminate their homes and prepare their food and oil companies.....

Tags : Calcutta High Court, Kerosene Oil, Price

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Del. HC to NRDC: Attempt to Procure Medicines for Spinal Muscular Atrophy at Reasonable Price(27.07.2023)

Delhi High Court has directed National Rare Diseases Committee (NRDC) to explore the possibility and attempt to procure medicines for Spinal Muscular .....

Tags : Delhi High Court, National Rare Diseases Committee, Medicine, Reasonable Price

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SC Issues Notice and Seeks Response from Centre on Plea Seeking Capping of Prices of RT-PCR Tests(25.11.2020)

Supreme Court has issued notice in a plea which seeks for the caping of the prices of RT-PCR tests, used to test suspected COVID patients, at Rs. 400,.....

Tags : Supreme Court, Capping of Prices of RT-PCR Tests

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Bombay HC: Fair Price Shops Not Duty Bound to Collect Data on Ration Card Holders(14.02.2017)

Bombay High Court, while granting relief to fair price shopkeepers, has ruled that is was not their duty to collect data on ration card holders before.....

Tags : Bombay High Court, ration card, fair price shops

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Kerala HC Stays Govt Decision to Blacklist Pricewaterhouse Coopers from IT-Related Projects(07.12.2020)

Kerala High Court has stayed the decision of the Kerala Government to blacklist premier consultancy firm Pricewaterhouse Coopers Private Ltd (PwC) fro.....

Tags : Kerala High Court, Pricewaterhouse Coopers

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Government takes several policy measures like fixing MSP, imposition of stock holding limits and creation of a buffer stock to check continuous price fall and stabilize sugar prices(25.07.2018)

Department of Food & Public Distribution deputes officials for making periodic visits to sugar factories for monitoring implementation of policy inter.....

Tags : Policy measures, Price fall, Check, Sugar

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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

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Kerala High Court Sets Aside Order Reducing Price of RT PCR Tests(05.10.2021)

Kerala High Court has set aside the State government's order reducing the price of RT PCR tests from Rs. 1700 to Rs. 500 in all the private diagnostic.....

Tags : Kerala High Court, Price of RT PCR Tests

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Delhi HC Directs Centre to Fix MRP of Coronary Stents by March 1(23.12.2016)

Delhi High Court has directed Central Government to fix Maximum Retail Price (MRP) and a ceiling price by March 1, 2017, for coronary stents, used to .....

Tags : Delhi HC, MRP, coronary stents, ceiling price

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SC: Valid Auction Can’t be Cancelled on Mere Expectation of Fetching Higher Price(08.09.2023)

Supreme Court has held that while the highest bidder has no indefeasible right to demand acceptance of his bid, mere expectation of the Liquidator tha.....

Tags : Supreme Court, Auction, Liquidator, Higher Price

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Madras HC: Person Engaged in Selling Fair Price Commodities to be Sincere in Duties(31.08.2021)

Madras High Court has said that a person who was engaged in selling or distributing fair price commodities was expected to be sincere and honest in pe.....

Tags : Madras High Court, Person Engaged in Selling Fair Price Commodities

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Karnataka HC Pulls Up Partial Stay on Central Price Control Order(05.05.2016)

Karnataka HC has lifted a stay on parts of a central cotton seed price control order which allowed the government to regulate royalty or trait fees be.....

Tags : Karnataka HC , seed price

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Supreme Court Seeks State Response Over Implementation of Minimum Support Price(09.05.2017)

Supreme Court has asked Tamil Nadu Government to file its reply on implementation of Minimum Support Price (MSP), its awareness amongst farmers and av.....

Tags : Supreme Court, Minimum Support Price

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Central Government takes several key decisions to curb rise in prices of Onions(24.09.2019)

The Central Government has taken several key decisions to curb rise in prices of Onions today. Concerned over rise in prices of Onions, the central Go.....

Tags : Price rise, Onions, Curb

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Extension of the ceiling prices as applicable to the orthopedic Knee Implants for Knee Replacement System(15.09.2020)

1. In continuation to the Notifications issued by National Pharmaceutical Pricing Authority, Department of Pharmaceuticals, Ministry of Chemicals and .....

Tags : Extension, Ceiling prices, Knee Implants

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RBI Working Paper No. 10/2020: Are Food Prices Really Flexible? Evidence from India(23.09.2020)

The Reserve Bank of India today placed on its website a Working Paper titled "Are Food Prices Really Flexible? Evidence from India" under the Reserve .....

Tags : Working Paper, Food Prices, Flexibility

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ITAT, Kolkata Quashes Re-Assessment Proceedings Against Price Waterhouse & Co.(13.02.2020)

Income Tax Appellate Tribunal (ITAT), Kolkata has quashed the re-assessment proceedings against Price Waterhouse & Co. and held that to reopen the ass.....

Tags : Income Tax Appellate Tribunal, Re-Assessment Proceedings Against Price Waterhouse & Co.

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Kerala High Court Dismisses Appeal Against Interim Order Staying Order Fixing Bottled Water Prices(12.01.2022)

Kerala High Court has dismissed the appeal challenging a Single Judge decision that stayed the government order fixing the price of bottled water in t.....

Tags : Kerala High Court, Order Fixing Bottled Water Prices

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SEBI Bans 6 Individuals for Indulging in Stock Price Manipulation(14.01.2022)

Securities and Exchange Board of India has cracked down on WhatsApp and Telegram groups in which stock-tips were being shared to inflate share prices......

Tags : Securities and Exchange Board of India, Stock Price Manipulation

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Delhi High Court Seeks Reponse of Delhi Government Regarding Fixing of Liquor Prices(10.11.2021)

Delhi High Court has sought response of the Delhi Government regarding the liquor brands of which MRPs have been fixed under the New Excise Policy as .....

Tags : Delhi High Court, Fixing of Liquor Prices

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SC Refuses to Order SIT Probe Against Adani Group for Allegation Levelled in Hindenburg Report(03.01.2024)

Supreme Court while refusing to order an SIT probe against the Adani group of companies for alleged stock price manipulations as leveled in the Hinden.....

Tags : Supreme Court, Adani Group, Hindenburg Report, Stock Price Manipulations

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Kerala High Court Directs Govt to Consider Private Labs' Objections Against Price Cap(18.01.2021)

Kerala High Court has directed the Kerala Government to consider the grievances of private laboratories against the November order which capped the pr.....

Tags : Kerala High Court, Price Cap on COVID Tests

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Premature redemption under Sovereign Gold Bond (SGB) Scheme(11.10.2022)

1. In terms of GOI Notification F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series VII - Issue date November 13, 2017) on Sovereign Go.....

Tags : Premature Redemption, Scheme, Price

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Premature redemption under Sovereign Gold Bond (SGB) Scheme(10.11.2022)

1. In terms of GOI Notification F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series VII - Issue date November 13, 2017) on Sovereign Go.....

Tags : Premature Redemption, Scheme, Price

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Delhi HC: Exorbitant Price of Drug Not to Deprive Children Suffering from Rare Disease(18.01.2021)

Delhi High Court has held that merely because of the exorbitant price of a drug or treatment, children suffering from a rare disease cannot be deprive.....

Tags : Delhi High Court, Exorbitant Price of Drug

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SC: SERC Can Reject Adoption of Tariff if Not Aligned With Market Prices(09.01.2024)

Supreme Court has held that State Electricity Regulatory Commission (SERC) has authority to reject adoption of tariff if it isn’t aligned with market .....

Tags : Supreme Court, Tariff, Market Prices, SERC

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Kerala HC Directs Govt. to Take Measures to Control Price Rise of Face Masks & Hand Sanitizers(20.03.2020)

Kerala High Court has directed the Government to take measures to control the price rise of the essential commodities, like face masks and hand saniti.....

Tags : Kerala High Court, Prices of Essential Commodities

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SC: Escalation of Prices Cannot Be Sole Ground to Deny Specific Performance(12.04.2021)

Supreme Court has observed that escalation of prices cannot be the sole ground to deny specific performance. The Court has also observed that, once a .....

Tags : Supreme Court, Escalation of Prices

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Delhi HC: Delhi Government to Open Up Fair Price Shop in Residential Area in Delhi’s Baprola(09.12.2021)

Delhi High Court has said that it expects the Delhi Government to open up a fair price shop in a residential area in Delhi's Baprola within two weeks,.....

Tags : Delhi High Court, Fair Price Shop in Residential Area

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Karnataka HC to State: Take Forward 'One Nation One Ration Card' Policy(06.12.2022)

Karnataka High Court while expressing concern over rising litigation relating to allotment of fair price shops under the Public Distribution System an.....

Tags : Karnataka High Court, Fair Price Shops, One Nation One Ration Card

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TRAI releases Consultation Paper on "Reserve Price for auction of FM Radio channels"(16.10.2019)

The Telecom Regulatory Authority of India (TRAI) has today released a Consultation Paper on "Reserve Price for auction of FM Radio channels". The Mini.....

Tags : Consultation Paper, Reserve Price, Auction, FM Radio channels

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Minimum support price for agriculture crops(13.09.2021)

The policies of Government of India and decision taken in recent years towards farmers' welfare have resulted insignificant improvement of food grain .....

Tags : Minimum Support Price

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Imposition of Minimum Export Price on export of Onions.(23.11.2023)

1. In supersession of Notification No. 42/2023 dated 28/10/2023 [S.O. 4719(E)] and in exercise of powers conferred by Section 3 read with section 5 of.....

Tags : Minimum Export Price, Export of Onions.

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Valuation and Reserve Price of 4G Spectrum(18.04.2016)

The Telecom Regulatory Authority of India responded to a r.....

Tags : trai, valution and reserve price, spectrum, 4g

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Framework for considering unaffected price for transactions upon confirmation of market rumour(21.05.2024)

1. In terms of Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations"), as amended by SEBI .....

Tags : Framework, Unaffected price, Transactions

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National Pharmaceutical Pricing Authority Notifies All Medical Devices Under Price Control(02.04.2020)

National Pharmaceutical Pricing Authority has notified all medical devices sold in India as ‘drugs’ to bring the devices — such as syringes, needles, .....

Tags : National Pharmaceutical Pricing Authority, All Medical Devices Under Price Control

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Kerala High Court Stays Order Fixing Price of Packaged Drinking Water(16.12.2021)

Kerala High Court has stayed the government order fixing the price of bottled water in the State at Rs 13 citing the State's lack of jurisdiction. The.....

Tags : Kerala High Court, Fixing Price of Packaged Drinking Water

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Delhi High Court Dismisses Plea Asking Centre to Reveal Fuel Price Formula(20.09.2018)

Delhi High Court has dismissed an application seeking direction to Centre to produce records on the basis of which daily prices of fuel are being fixe.....

Tags : Delhi High Court, Fuel Prices

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Economic Survey: GDP Growth for 2019-20 At 7%, Oil Prices to Slow Down(04.07.2019)

Union Finance Minister Nirmala Sitharaman has tabled the Economic Survey in both Houses of Parliament. The Survey projected the GDP growth for 2019-20.....

Tags : Economic Survey, GDP, Oil Prices

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Supreme Court Seeks Centre's Reply on Upward Revision of Minimum Support Price (MSP)(03.05.2017)

Supreme Court has asked Centre to respond to suggestions, including upward revision of Minimum Support Price (MSP) for foodgrains, given by an NGO to .....

Tags : Supreme Court, Minimum Support Price

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Telangana HC Asks State to Explain on Regulation of Prices of Life Saving Drugs(12.05.2021)

Telangana High Court has asked the State Government to explain as to why the provisions of the Essential Commodities Act, 1955 and/ or the Drugs and C.....

Tags : Telangana High Court, Regulation of Prices of Life Saving Drugs

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Premature redemption under Sovereign Gold Bond (SGB)(10.06.2024)

1. In terms of GOI Notification F.No.4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XI-Issue date December 11, 2017) and in terms of GOI .....

Tags : Price, redemption, SGB Scheme

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Redemption Price for premature redemption due on May 12, 2023(08.05.2023)

1. In terms of GOI Notification F. No. 4(8) - W&M/2017 dated April 20, 2017 (SGB 2017-18, Series I - Issue date May 12, 2017) on Sovereign Gold Bond S.....

Tags : Redemption Price, Premature redemption, Gold Bond Scheme

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Allahabad HC: Daughter-In-Law Eligible for Allotment of Fair Price Shop on Compassionate Grounds(10.03.2022)

Allahabad High Court has held that a daughter-in-law is very well entitled to allotment of a fair price shop on compassionate grounds. The Court has r.....

Tags : Allahabad High Court, Daughter-In-Law, Allotment of Fair Price Shop

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Delhi HC Issues Notice on Plea Seeking Capping Price of HRCT Test(04.05.2021)

Delhi High Court has issued a notice to the Delhi government on a plea seeking direction to the Delhi Government to cap the price of High-Resolution C.....

Tags : Delhi High Court, Capping Price of HRCT Test

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Kerala High Court Refuses to Stay Govt Order Capping RTPCR Tests(07.05.2021)

Kerala High Court has refused to grant interim stay in petitions filed by ten private laboratories challenging the Kerala Government's decision to cap.....

Tags : Kerala High Court, Prices of RT-PCR Tests

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Jharkhand HC Seeks Response on Controlling Price of Critical Medical Equipments(11.06.2021)

Jharkhand High Court has sought Centre's response on the action taken by its competent authority for controlling the price of critical medical equipme.....

Tags : Jharkhand High Court, Controlling Price of Critical Medical Equipments

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Delhi High Court Refuses To Pass Order On PIL Seeking Check On Fuel Prices(13.09.2018)

Delhi High Court has refused to pass an order on a PIL seeking the court's intervention to rein in petrol and diesel prices hike.

Tags : Delhi High Court, Fuel Prices

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GST: Retail Sale Price Declared on the Footwear Package is Inclusive of Goods and Service Tax(04.10.2017)

Central Government has clarified that Retail Sale Price declared on the Foot ware Package is inclusive of Goods and Services Tax (GST).

Tags : Goods and Services Tax, Retail Sale Price

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Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption price notified(25.05.2023)

In terms of GOI Notification F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series IX - Issue date November 27, 2017) on Sovereign Gold .....

Tags : Premature redemption, SGB Scheme, Redemption Price

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Telecommunication (Broadcasting and Cable) Services (Fourth) (Addressable Systems) Tariff (Sixth Amendment) Order, 2015(29.12.2015)

The Telecom Regulatory Authority of India has released the Sixth Amendment to its Broadcasting and Cable Rules, in an effort to ensure choice availabl.....

Tags : Television, channels, reasonable price, discounted

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Monitoring of prices regarding fixation of ceiling price of the orthopaedic Knee Implants(13.08.2019)

In continuation to the notifications issued by National Pharmaceutical Pricing Authority, Department of Pharmaceuticals, Ministry of Chemical and Fert.....

Tags : Monitoring, Ceiling price, Fixation

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High drug prices due to unreasonable margins of companies: CCI(25.10.2018)

Competition Commission of India (CCI) has said in a policy note on affordable healthcare that Unreasonably high trade margins of drug companies are t.....

Tags : CCI, Drug Prices

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Supreme Court: Definition of ‘Purchase Price’ Doesn’t Include Value Added Tax(03.08.2024)

SC has held that purchase price would be the amount of valuable consideration paid or payable for any purchase which would include amount of duties. T.....

Tags : Supreme Court, Purchase Price, Value Added Tax

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Supreme Court: Definition of ‘Purchase Price’ Doesn’t Include Value Added Tax(03.08.2024)

SC has held that purchase price would be the amount of valuable consideration paid or payable for any purchase which would include amount of duties. T.....

Tags : Supreme Court, Purchase Price, Value Added Tax

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SC: Rights of State as Lessor Can Only be Sold by Public Auction or Other Transparent Method(05.08.2024)

SC has held that rights of the State as lessor can only be sold by a public auction or by any other transparent method by which, apart from the lessee.....

Tags : Supreme Court, Public Auction, Nominal Price

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Delhi HC: No Need to Recall Stock If Price Lists Issued(25.11.2015)

Delhi High Court while granting relief to pharmaceutical manufacturers, has held that its “not obligatory” for companies to withdraw and relabel stock.....

Tags : Delhi High Court, DPCO price lists

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SC Issues Notice in Plea Seeking Mechanism for Price Payment of Sugarcane Produce to Cane Farmers(05.08.2021)

Supreme Court has issued notice in a plea filed seeking directions for setting up of a strict mechanism for payment of price of sugarcane produce to c.....

Tags : Supreme Court, Mechanism for Price Payment of Sugarcane Produce

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Deemed Arm's length price for assessment year 2023-2024(26.06.2023)

In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act, 1961 (43 of 1961)(hereafter referred.....

Tags : Arm's length price, Assessment year

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SC: Drugs (Price Control) Order, 1995 Cannot be Subjected to Restricted or Hidebound Interpretation(19.07.2024)

SC: Drugs (Price Control) Order, 1995 Cannot be Subjected to Restricted or Hidebound Interpretation

Tags : Supreme Court, Medicinal Drug Formulations, Higher Prices

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SC: Drugs (Price Control) Order, 1995 Cannot be Subjected to Restricted or Hidebound Interpretation(19.07.2024)

SC held that intent of Drugs (Price Control) Order is to control prices at which medicinal drug formulations are made available, by holding out threat.....

Tags : Supreme Court, Medicinal Drug Formulations, Higher Prices

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SC Upholds Centre’s Mechanism to Control Drug Prices(24.10.2016)

Supreme Court has upheld Centre's power to specify prices of essential medicines to curb profiteering by Pharmaceutical Companies.

Tags : Supreme Court, Pharmaceutical Companies, Drug Prices

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Kerala HC Refuses to Interfere with Order Reducing Price of RT-PCR Test(22.06.2021)

Kerala High Court has declined to interfere with a single judge’s interim order refusing to stay a government order reducing the charge of RT-PCR test.....

Tags : Kerala High Court, Price of RT-PCR Test

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