TMI Blog2016 (1) TMI 1065X X X X Extracts X X X X X X X X Extracts X X X X ..... lving India, Mumbai" - applicant stresses on the wording of the proposed activity which is purely a selling activity - Held that:- The clause is more than clear that the Distributor would have to bear apart from the price of the books, the shipping, handling, rush, and other charges. We do not see as to how this amounts to any ‘service’ particularly by IDEAS to the Distributor applicant. It is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ort) with one foreign firm IDEAS (i.e. IDEAS Management Consultants, Oman). Under that Memorandum of Understanding (MoU for short), the applicant has agreed to become a Distributor of the books of various nature which will be supplied by IDEAS (i.e. IDEAS Management Consultants, Oman and those books will be sold to the various purchasers in India. The question which has been posed in the applicati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rned Commissioner had not read the application properly. 3. According to Shri Jain, the MoU also covers some other activity for which the payment is required to be made by the applicant to IDEAS. He stresses on Column No. 3 which is as under:- Workbooks. To maintain quality controls, Authorized Distributor and will provide each attendee of each client with the approved Workbook/ manual and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ain also invites our attention to clause 4 of the Memorandum of Understanding (MoU for short) which says: 4. Purchase of Products. (i) Authorised Distributor shall pay IDEAS the Authorised Price plus shipping, handling, rush, and other charges reflected on the invoice within thirty (30) days of the IDEAS invoice date. The clause is more than clear that the Distributor would have ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
