Rs 10,000 fine recovered

Jammu, Jan 8: Department of Legal Metrology today realized a fine of Rs 10000 from M/s J L Morison marketing chain partner for selling Equal Sucra, a sugar free commodity for the diabetic consumers for not adhering to the guidelines prescribed under rules for declaring Net Contents.
 According to Deputy Controller Legal Metrology Enforcement, Manoj Prabhakar, the Packaged Commodity Rules specifies the procedure to write mandatory declarations on the Principal Display Panel so that it is legible to the consumers. The company was issued notice which in turn pleaded guilty and accordingly the case was disposed off with the direction to rectify the discrepancies on future packing, an official statement said. GKNN
‘India remains attractive investment destination’
New Delhi, Jan 8: India remains an attractive investment destination even as taxation uncertainties pose a challenge, according to global consultancy Deloitte. A survey of investors, spread across various segments, conducted by Deloitte also found that investors were looking for more clarity on certain tax issues. "...while India continues to be an attractive investment destination, the dynamic Indian tax framework create some apprehensions in the investors' perception about the approach on the tax issues related to transactions in India," it said.
 Deloitte said the Indian tax landscape has been in limelight globally due to the landmark ruling of Supreme Court in Vodafone case followed by the retrospective amendments along with the proposed General Anti-Avoidance Rules (GAAR). "Around 63 per cent consider Singapore to be a favourable jurisdiction for investments into India," said the survey, adding, 53 per cent consider uncertainties in tax position as a significant challenge for doing business in India.

Lastupdate on : Tue, 8 Jan 2013 21:30:00 Makkah time
Lastupdate on : Tue, 8 Jan 2013 18:30:00 GMT
Lastupdate on : Wed, 9 Jan 2013 00:00:00 IST




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