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TMI BlogThe Competition Commission of India (Determination of Cost of Production) Regulations, 2009X X X X Extracts X X X X X X X X Extracts X X X X ..... the 20th day of August, 2009 No. L-3 (5)/Reg-Cost/2009-10/CCI. -In exercise of powers conferred by clause (a) of sub-section (2) of section 64 of the Competition Act, 2002 (12 of 2003) , the Competition Commission of India hereby makes the following regulations, namely: - 1. Short title and commencement. (1) These regulations may be called the Competition Commission of India (Determination of Cos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... total cost referred to in clause (i) minus the fixed cost and share of fixed overheads, if any, during the referred period; iii. total avoidable cost means the cost that could have been avoided if the enterprise had not produced the quantity of extra output during the referred period; iv. average avoidable cost is the total avoidable cost divided by the total output considered for estimating tota ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to them in the Act or the Companies Act, 1956 (1 of 1956), as the case may be. 3. Determination of cost. (1) Cost in the Explanation to section 4 of the Act shall, generally, be taken as average variable cost, as a proxy for marginal cost: Provided that in specific cases, for reasons to be recorded in writing, the Commission may, depending on the nature of the industry, market and technology used, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eral, as the case may be, shall be duly considered in accordance with the procedure laid down in the Competition Commission of India (General) Regulations, 2009. 6. Removal of difficulty. In a situation not provided for in the Act, rules or these regulations or in the matter of their interpretation, the procedure for determining the cost shall be determined by the Commission. - Notification Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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