Saturday, December 28, 2019

Necessary usage of ‘cavern’ and pay higher charges was an unfair imposition in provision of terminalling services

COMPETITION LAW: Where OP-SALPG required users to necessarily use cavern and pay higher charges in provision of terminalling services at Visakhapatnam port to oil marketing companies (OMC), it was held that Commission rightly held that 'SALPG' requiring users to necessarily use cavern and pay higher charges was an unfair imposition in provision of terminalling services and was likely to discourage imports and restrict services otherwise offered by Informant-EIPL,

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000192553/necessary-usage-of-‘cavern’-and-pay-higher-charges-was-an-unfair-imposition-in-provision-of-terminalling-services.aspx

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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