Tag: Consumer forum

Consumer forum directs bank to compensate loanee

Source:- indiatimes.com KOCHI: The Consumer Disputes Redressal Forum, Ernakulam, came to the rescue of a family which had availed a home loan of Rs 10 lakh, but were never intimated regarding the upward revision of interest rates. The forum ordered the ICICI Home Finance Company Ltd to pay an exemplary compensation of Rs 10 lakh

Shops cannot charge VAT on discounted items: Consumer forum

Source:- hindustantimes.com To check fleecing of customers by charging value added tax (VAT) on discounted items, the district consumer disputes forum has ruled that тАЬCharging of VAT on the discounted price by the shops is unfair trade practice and a deficiency in service.тАЭ Over the past week, the forum has directed three shops and manufacturers