• About Us
  • Contact Us
  • Our Team
  • Advertise with Us
  • Contributors
  • FAQ
  • Privacy Policy
  • Terms of Service
Sunday, August 2, 2026
The Kashmir Horizon
EPAPER
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper
No Result
View All Result
The Kashmir Horizon
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper
No Result
View All Result
The Kashmir Horizon
No Result
View All Result
Home Business

LMD recovers Rs 50000 fine from steel manufacturing firm for overcharging

KH Business Desk by KH Business Desk
October 18, 2020
in Business
A A
LMD imposes Rs. 40,000 fine on hand sanitizer manufacturer
Share on FacebookShare on TwitterWhatsappTelegramEmail

Poonch: Legal Metrology Department Poonch Saturday imposed a fine of Rs. 50000 on a Steel Products manufacturing firm for charging and promoting extra GST over and above printed MRP on non-standard packs which is not only a penal Offence under Consumer Protection Laws but also under Legal Metrology (Packaged Commodities) Rules, 2011.
Assistant Controller, Kewal Krishan said a case was registered against the firm after a routine Departmental inspection team detected that the general interest of consumers was being compromised and the purchasers were made to pay over and above MRP (Inclusive of all taxes) on some sealed packs of hardware which were offered for sale in the market carrying declarations of MRP with extra GST.
He said as per provisions of Law, no amount over and above Maximum Retail Price (MRP) can be charged as the MRP itself is inclusive of all kinds of taxes including GS. Basically, the MRP printing on the products is the maximum ceiling limit below which a consumer can bargain with the traders for the best settlement of purchase agreement and accordingly make an informed decision.
Earlier, the firm was booked and taken to task by issuing legal notice for grossly violating law and promoting dealers in open market adopting anti-consumer practices by charging over and above MRP on the pretext of Extra GST.
The defaulting party admitted to the lapses and requested the department for compounding of the offence. The Assistant Controller on written submission compounded the case and realized an amount of Rs.50000 into the government exchequer.

KH Business Desk

KH Business Desk

Related Posts

VC SKUAST-K chairs 14th Scientific Advisory Committee Meeting of KVK Shopian

VC SKUAST-K chairs 14th Scientific Advisory Committee Meeting of KVK Shopian
by KH Business Desk
August 2, 2026

Ganai also chairs 20th Scientific Advisory Committee Meeting of KVK Kulgam   Shopian : The 14th Scientific Advisory Committee (SAC)...

Read moreDetails

FDA issues Public Health Advisory against Unsafe “New Fast Tea”

FDA issues Public Health Advisory against Unsafe “New Fast Tea”
by KH Business Desk
August 2, 2026

Sale and Distribution of Affected Batch Prohibited   Srinagar : The Food & Drugs Administration (FDA), Jammu & Kashmir, has...

Read moreDetails

SKUAST-K to set up J&K’s first 50-kW Agrivoltaics Research Pilot at Shalimar Campus

SKUAST-K to set up J&K’s first 50-kW Agrivoltaics Research Pilot at Shalimar Campus
by KH Business Desk
August 2, 2026

Srinagar : In a major step towards integrating clean energy with agriculture, Sher-e-Kashmir University of Agricultural Sciences and Technology of...

Read moreDetails

Compensation of over Rs 30 lakh disbursed to Labours in Kupwara under Employees’ Compensation Act

Compensation of over Rs 30 lakh disbursed to Labours in Kupwara under Employees’ Compensation Act
by KH Business Desk
August 2, 2026

Kupwara : Deputy Commissioner, Kupwara, Shrikant Suse Saturday disbursed labour compensation to applicants in two separate cases under Section 4...

Read moreDetails

Drug peddler held in Anantnag: Police

Drug peddler held in Anantnag: Police
by K H News Service
August 1, 2026

Bandipora : Police on Saturday said that it has arrested a drug peddler during naka checking at Pazalpora Bijbehara. In...

Read moreDetails

Labour Commr reviews progress of PM-SYM Scheme, Labour Codes implementation at Ganderbal

Labour Commr reviews progress of PM-SYM Scheme, Labour Codes implementation at Ganderbal
by K H News Service
August 1, 2026

Ganderbal : A comprehensive review meeting on the implementation of the Pradhan Mantri Shram Yogi Maandhan (PM-SYM) Scheme and the...

Read moreDetails

About

The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

MORE

Search in Archive

DIGITAL EDITION

  • About Us
  • Contact Us
  • Our Team
  • Advertise with Us
  • Contributors
  • FAQ
  • Privacy Policy
  • Terms of Service

© The Kashmir Horizon - Designed by Gabfire

No Result
View All Result
  • HOME
  • Region
  • City News
    • Srinagar
    • Jammu
  • News In Focus
  • Opinion
    • Editorial
    • Ideas
    • My Idea
    • Friday Faith
    • Letter to the Editor
  • Business
  • Sports
  • India
  • World
  • Snapshots
  • ePaper

© The Kashmir Horizon - Designed by Gabfire