• About us
  • Contact us
  • Our team
  • Terms of Service
Wednesday, June 10, 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

Centre announces Rs 95,692 crore interim allocation under VB-G RAM G

India eyes more FDI, speed up divestment, asset monetisation as economy faces external risks

Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4

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

Centre announces Rs 95,692 crore interim allocation under VB-G RAM G

Centre to set up Clean Plant facility to provide disease-resistant plants to horticulturists in Kashmir
June 10, 2026

New Delhi: The Centre on Tuesday announced an interim allocation of Rs 95,692 crore under the newly introduced VB-G RAM...

Read moreDetails

India eyes more FDI, speed up divestment, asset monetisation as economy faces external risks

J&K economy likely to grow at 5.82 pc in 2025-26: Economic Survey
June 10, 2026

New Delhi:  The government plans to push ahead with reforms, including further measures to boost foreign investment, speeding up divestment...

Read moreDetails

Govt cuts subsidised LPG cylinders to Ujjwala beneficiaries to 4

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
June 8, 2026

New Delhi:  The government has reduced the number of subsidised cooking gas cylinders available annually to beneficiaries of its flagship...

Read moreDetails

Eight workers killed in Vizag Steel Plant as molten iron spills

   Two killings/deaths in J&K, people want answers
June 8, 2026

Visakhapatnam: At least eight workers of the Rashtriya Ispat Nigam Ltd (Vizag Steel Plant) were killed and six others injured...

Read moreDetails

LPG Price Hike: Govt says rates in India among world’s lowest despite 46% jump in global benchmark

Niti Aayog working on proposal ‘to replace LPG subsidy with cooking subsidy’
June 7, 2026

New Delhi: Indian households continue to pay among the lowest prices for cooking gas globally despite a sharp rise in...

Read moreDetails

Why aren’t BJP leaders taking to streets with cylinders in protest now: Cong’s dig on LPG price hike

Will ask PAC to call AG, CAG to know when was CAG report on Rafale tabled in Parl: Kharge
June 7, 2026

New Delhi:  The Congress on Sunday launched a scathing attack on the Modi government over domestic LPG price hike, asking...

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.