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GST PENALTY REDUCTION
GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...
Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
Delhi HC to hear over 50 petitions against anti-profiteering provisions under GSTHindustan Unilever, Abbott, Johnson & Johnson, Philips, Patanjali, Samsonite, Jubilant Foods, and Nestle are among those that dragged the i...
GST National Anti-Profiteering Authority fines P&G companies Rs 241 croreThe fine was decided after the DGAP conducted an investigation against P&G Home Products, P&G Hygiene and Healthcare and Gillette India for...
Starbucks fined for not passing on GST cut benefitsTata Starbucks, a 50:50 joint venture between Tata Consumer Products and Starbucks Corporation that operates Starbucks Coffee outlets in In...
PVR guilty of profiteering in Telangana, no penalty required: NAAThe matter dates back to last year, when the new GST rates for cinema exhibition came into play. The GST council had lowered taxes on ticke...
GST Return filing date extended, relief from late fee, penaltiesFinance Minister Nirmala Sitharaman said companies which have less than Rs 5 crore turnover will not have to pay interest, late fee or pena...
HC stays NAA order to Reckitt to deposit in consumer fund Rs 63 L profiteered from Dettol handwashJustice Rajiv Sahai Endlaw made it clear the stay would come into operation only if the pharma major deposits the amount with NAA within tw...
Patanjali fined Rs 75.08 crore for not passing GST benefits to consumersThe authority has directed the company to deposit the amount, along with 18% GST, to consumer welfare funds of Centre and the states within...
HC stays penalty notice on Johnson and Johnson for 'profiteering' on sale of sanitary napkinsThe company has challenged NAPA's November 21, 2019 order that it did not pass on the commensurate benefit of reduction in the rate of tax ...
Profiteering charges against Nestle IndiaThe National Antiprofiteering Authority (NAA) has also directed the company to reduce prices ‘commensurately’ and mandated that the Directo...
Realtors challenge constitutional validity of National Anti-profiteering AuthorityInput tax credit refers to a mechanism under the GST framework wherein the tax a company pays when it buys raw materials or other services ...
Delhi HC stays demand made on HUL by the National Anti-profiteering AuthorityNAA, in its order last month, had penalised the maker of Dove shampoo and Lux soap for increasing grammage of their products to compensate ...
Suppliers liable to pay penalty for not passing GST rate cut benefits: NAAhe application, which was filed by a Departmental Store was examined by Standing Committee on anti profiteering and was referred to DGAP fo...
Lifestyle International, Sharma Trading Co indulged in profiteering: DGSIn the GST regime, complaints of profiteering come to Standing Committee under the authority, which then scans the complaints and sends to ...
Can GST's anti profiteering rule be deemed unconstitutional?In a bid to give the anti profiteering rules under GST the necessary teeth, the government may have forgotten to give it a skeleton.
Companies may lose their registration if they fail to pass GST benefits to youThe Anti-Profiteering Authority can order the reduction in price commensurate with the lowering of incidence of taxation under the new indi...
GST: Anti-profiteering panel to levy penalty, to have sunset date of two yearsThe authority, to be headed by a retired secretary-level officer, can take suo motu action, besides acting on complaints of profiteering.
GST anti-profiteering body may lack enough muscleOnly those cases of profiteering that are above the threshold would be taken up for investigation and matters below that would be ignored, ...