• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, April 15, 2026
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Putty manufacturing companies penalized for not passing GST benefit to consumers

KI News by KI News
August 15, 2018
in BUSINESS
A A
0
FacebookTwitterWhatsapp

JAMMU, AUGUST 14: The department of Legal Metrology has penalized two Wall Putty manufacturing companies for not marking revised MRP on their products after the Central Government reduced GST Tax slab on such items from 28% to 18%.

According to Deputy Controller Consumer Protection Jammu, a team of Legal Metrology, inspected the C&F of Birla white & JK Wall putty atKunjwaniand Trikuta Nagar.

More News

West Asia conflict threatens to push 2.5 million people in India into poverty: UNDP report

Fuel, fertiliser prices may remain high for prolonged period: IMF, World Bank, IEA

No serious LPG supply shortage reported by auto component makers so far, says govt

Load More

During inspection, it was found that after the reduction of Tax Slab from 28% to 18%, both the C&F conducted the sale of wall putty with tax slab of 18% and issued the sale bill to dealers but reduced MRP for the benefits of Consumer was not marked on the wall putty bags. The Govt. of India has issued directions that all such Pre-packed Commodities with reduced GST Tax Slab must bear revised MRP so that Consumer can avail the benefit of Tax reduction.

The team seized all the documents related to sale of such bags and sale was stopped till the necessary rectification was done by the Company management.

The Management of the Companies gave assurance to comply all the provisions. The reduced MRP was marked on the Wall putty bags equivalent to reduction of Tax slab. The cases of both the companies were compounded and penalty of Rs 75000.00 was imposed and recovered.

Previous Post

Car crashes outside British Parliament, 2 hurt

Next Post

Need legal framework for simultaneous polls: CEC Rawat

KI News

KI News

Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.

Related Posts

West Asia conflict threatens to push 2.5 million people in India into poverty: UNDP report

West Asia conflict threatens to push 2.5 million people in India into poverty: UNDP report
April 14, 2026

United Nations: The conflict and military escalation in West Asia threatens to push 2.5 million people in India into poverty...

Read moreDetails

Fuel, fertiliser prices may remain high for prolonged period: IMF, World Bank, IEA

Petrol price hit highest level under BJP govt, diesel at record high
April 14, 2026

Washington: The IMF, World Bank and the International Energy Agency said that fuel and fertiliser prices may remain high for...

Read moreDetails

No serious LPG supply shortage reported by auto component makers so far, says govt

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
April 13, 2026

New Delhi:  Auto component manufacturers have not reported any serious LPG supply shortage, a senior official said on Monday, adding...

Read moreDetails

Factory workers’ protest over wage hike turns violent in Noida, commuters stranded

Locals block Batote-Kishtwar highway to protest killing of Ex-Army officer
April 13, 2026

Noida/New Delhi:  Vehicles, including police SUVs, were torched, public property vandalised and stone pelting reported from factory hubs in Noida...

Read moreDetails

FCIK flags imbalances in NCSS implementation, seeks urgent policy correction

April 13, 2026

Srinagar: The Federation of Chambers of Industries Kashmir has expressed serious concern over what it termed as an inequitable and...

Read moreDetails

India boosts 5-kg LPG supply, accelerates PNG rollout amid West Asia disruption

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
April 12, 2026

New Delhi:  India has ramped up supply of smaller 5-kg LPG cylinders and accelerated the rollout of piped natural gas...

Read moreDetails
Next Post
Need legal framework for simultaneous polls: CEC Rawat

Need legal framework for simultaneous polls: CEC Rawat

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2025 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2025 Kashmir Images - Designed by GITS.