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Event

GST Anti-profiteering and changes in Legal Metrology Act

June 2018 | 8:30am - 11:00am

Lakshmikumaran & Sridharan is organising a breakfast briefing to discuss “Anti-profiteering and recent changes in Legal Metrology Act” on 22nd June, 2018 at Worli, Mayfair Banquets, Mumbai.

As understanding the anti-profiteering provisions, ensuring compliance and, documenting the changes becomes an imperative, in order to understand the impact and to ensure proper compliance, Mr. Kalpesh Shah, Executive Partner, Lakshmikumaran & Sridharan along with other experts from L&S will discuss the issues faced by industry under GST in relation to anti-profiteering and some recent changes in legal metrology provisions.

Topics to be covered will include -

  • 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