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Event

Anti-profiteering and recent changes in Legal Metrology Act

May 2018 | 8:00am - 10:00am

Lakshmikumaran & Sridharan is organising a breakfast meeting to discuss “Anti-profiteering and recent changes in Legal Metrology Act” on 18th May, 2018 at Hall-Belvedere, Hotel Le Meridien, New Delhi.

Mr. L Badri Narayanan and Mr. Shivan Mehta, Partners from Lakshmikumaran & Sridharan will discuss the issues faced by industry under GST in relation to anti-profiteering and recent changes in legal metrology provisions.

Impact of anti-profiteering provisions, ensuring compliance and documenting the changes which become imperative for manufacturers and service providers in B2B and B2C scenarios, will also be discussed.

The main focus of the meeting will be on the topics such as -

  • Anti-profiteering in India– Methodology and rules
  • International experience – Malaysia and Australia
  • Implications on various types of contracts (fixed price contracts, government contracts, etc.)
  • Need for appropriate documentation
  • Litigation strategy – How to handle potential investigations
  • Factors to be considered for contract / vendor price negotiation