CBIC gives time till Nov 30 for authorities to complete anti-profiteering related complianceUnder the Goods and Services Tax (GST) law a National Anti-Profiteering Authority (NAA) and a Standing Committee on anti-profiteering have ...
02 Sep, 2020, 07.36 PM IST
Profiteering charges against Nestle IndiaThe National Antiprofiteering Authority (NAA) has also directed the company to reduce prices ‘commensurately’ and mandated that the Directo...
12 Dec, 2019, 07.35 AM IST
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 ...
05 Dec, 2019, 06.52 AM IST
GST anti-profiteering body may get fresh lease of lifeFinal decision on NAA extension may be taken by the new govt after polls, said officials.
16 May, 2019, 08.44 PM IST
Abbott anti-profiteering case stayed, hope for other firmsExperts say this could prompt firms to seek a stay on anti-profiteering proceedings till the time the issue surrounding constitutional vali...
08 May, 2019, 11.34 PM IST
Patanjali distributors come under anti-profiteering lensNotices have been issued to 10 distributors in past month for not lowering prices in line with GST cuts.
27 Feb, 2019, 03.51 PM IST
Lifestyle to refund profiteered amountFashion retailer Lifestyle International Pvt Ltd. has got entangled in the crosshairs of anti-profiteering authority for allegedly not pass...
28 Sep, 2018, 07.39 AM IST
Domino’s lands in trouble for not passing on GST cutsThe government had created the anti-profiteering framework to shield consumers from any runaway price rise post rollout of GST from July 1 ...
27 Jul, 2018, 01.01 PM IST
Funds collected under GST anti-profiteering rules to be split between Centre, stateCentre and the state will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the GST an...
15 Jun, 2018, 01.55 PM IST
Nestle to pay up for failing to pass on GST cut benefitThe Nestle spokesperson said it hadn’t received any notice from the anti-profiteering authority for not passing on the benefits of lower ta...
08 May, 2018, 10.45 AM IST
Government to soon finalise anti-profiteering guidelines: CBECAnti-profiteering is a temporary measure and as the GST is stabilised in due course of time, the anti-profiteering authority would be wound...
24 Jan, 2018, 10.06 PM IST
Anti-profiteering: Filing complaints against firms not an easy taskThough Centre has notified a filing format, tax experts say end consumers may find it difficult to navigate & fill up the mandatory fields.
07 Dec, 2017, 06.14 AM IST
India may adopt item-based anti-profiteering rules to benefit usersThis means that a company will not be able to reduce prices of slow-moving products in its portfolio while keeping those of fast-moving one...
26 Nov, 2017, 11.39 PM IST
Anti-Profiteering body will push companies to pass on GST benefits to consumersThe government said the Cabinet decision was “following up immediately on yesterday’s sharp reduction in the GST rates of a large number of...
16 Nov, 2017, 11.50 PM IST
Anti-profiteering body to scrutinise only cases of mass impactA five-member National Anti-Profiteering Authority will be set up soon to keep a tab on businesses that have not passed on to consumers the...
25 Jul, 2017, 11.20 PM IST
'GST anti-profiteering authority to aid consumer confidence'"The constitution of the National Anti-profiteering Authority is expected to bolster consumer confidence and ensure all stakeholders reap t...
25 Jul, 2017, 07.27 PM IST
Undue profit of over Rs 1 crore to come under GST authority's lensAs per the three tier structure -- the GIC will receive complaints and those which are state specific and involving smaller amounts will be...
23 Jul, 2017, 11.36 AM IST