×
339
Fashion Jobs
NIKE
India Logistics Partner Management Manager
Permanent · Bengaluru
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager (Jharkhand All District)
Permanent · Chatra
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager /Sales Manager (up)
Permanent · Mirzapur
FINO PAYMENTS BANK
Territory Sales Manager - Merchant & Distributor Onboarding - wb
Permanent · Cooch Behar
SUGUNA FOODS PRIVATE LIMITED
Area Sales Manager-Animal Health Products Sales (Bangalore)
Permanent · Bengaluru
MUTHOOT FINCORP LTD
Area Manager - Chennai
Permanent · Chennai
SUGUNA FOODS PRIVATE LIMITED
Area Sales Manager-Animal Health Products Sales (Bangalore)
Permanent · Bengaluru
DIAMOND RETAIL INDIA
Hiring For Sales Officer/Area Sales Manager/Sales Manager (Bihar)
Permanent · Katihar
VIJAY SYSTEMS ENGINEERS PVT LTD ( UMBERGOAN)
Production Manager
Permanent · Vapi
VIDVAS HR SOLUTIONS PRIVATE LIMITED
sr Manager - Production . Only Leather Bags Exp - Chennai
Permanent · Chennai
SHREE SADGURU MASALA & SPICES IND PVT LTD
Regional Sales Manager
Permanent · Navi Mumbai
MAGNATEK ENTERPRISES
Looking For Area Sales Manager
Permanent · Chennai
BANDHAN LIFE SCIENCE PRIVATE LIMITED
Area Sales Manager
Permanent · Kolkata
WINGS PHARMACEUTICALS
Area Sales Manager - Generic Division
Permanent · Ludhiana
FIRST SOLUTION
Agency Development Manager/Recruitment Development Manager(Insurance)
Permanent · Pune
NCL INDUSTRIES LIMITED (BISON PANEL)
Area Sales Manager - Hyderabad (Boards Division)
Permanent · Hyderabad
LN GLOBAL CAREER SERVICES LLP
Required Regional Sales Manager For Pharmaceutical Company
Permanent · Chennai
LN GLOBAL CAREER SERVICES LLP
Required Zonal Sales Manager For Pharmaceutical Company
Permanent · Chennai
LEVI'S
Group Product Manager
Permanent · Bengaluru
AVENUE SUPERMARTS LIMITED
Excellent Opportunity With Dmart _ Production Managers
Permanent · Chikmagalur
ENOAH I SOLUTION INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Bengaluru
KISHOR EXPORTS
Garment Technician
Permanent · Agra
Published
Jul 22, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Delhi High Court allows Samsonite to pay profiteering penalty in instalments

Published
Jul 22, 2020

The Delhi High Court has ruled to allow luggage brand Samsonite South Asia to pay its penalty for goods and services tax profiteering in instalments, due to the business’ financial struggles, caused by Covid-19.

The Delhi High Court granted Samsonite an easier penalty payment plan due to coronavirus-led financial disruption - American Tourister- Facebook

 
Samsonite South Asia has been allowed to pay its Rs 21.81 crore ($3.28 million) penalty through six equal instalments, as opposed to in one lump sum, as was previously decided, ET Bureau reported. The business had requested the court to set easier payment terms, saying it had suffered financially during the coronavirus pandemic and lockdown, especially as worldwide travel remains mostly halted, causing a significant drop in demand for travel accessories.
 
“This Court keeping in view the Covid-19 pandemic situation, directs the petitioner to deposit the principal profiteered amount i.e. Rs 21.81 crore (i.e. Rs 25.73 crore minus Rs 3.92 crore) in six equated monthly instalments,” said the bench of Justices Manmohan and Sanjeev Narula in an order dated July 20, ET Bureau reported.

Samsonite South Asia, which produces American Tourister bags and travel accessories, was ordered by the National Anti-Profiteering Authority to pay a penalty for failing to pass on GST rate cut benefits to the consumer in 2017. The business was instructed to lower its prices to reflect the new tax rates, as well as pay a penalty.

Copyright © 2021 FashionNetwork.com All rights reserved.