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PATANJALI GST BENEFIT
Patanjali Foods cuts MRPs of products; Nutrela soya chunks to be cheaper by Rs 20/kgPatanjali Foods Ltd. has announced a reduction in the retail prices of various products, including Nutrela soya chunks, biscuits, noodles, ...- Supreme Court issues notice to Centre on anti-profiteering provision under GSTOver 100 companies, including Hindustan Unilever, Patanjali, Jubilant Foodworks, Reckitt Benckiser, Phillips, Gillette India, and Procter a...
- Multinationals operating through franchisee model in India set to benefit under anti-profiteering following court orderSome of the companies including Subway and Starbucks have been under the anti-profiteering investigation after it was found that they did n...
- Government extends timeline for concluding anti-profiteering investigations under GST framework“The government has further extended timeline for anti- profiteering authorities to complete their investigations, and as such any investig...
- Delhi High Court postpones the hearing on anti-profiteering under GST to January after a no consensusAbout 51 companies including HUL, Abbott, Johnson & Johnson, Philips, Acme developers, Samsonite, Jubilant Foods, Nestle, Whirlpool, Samsun...
- 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...
- Top Indian companies take on indirect tax department over GST anti-profiteeringMost of the companies are challenging the tax department on two main issues — Constitutional validity of anti-profiteering mechanism and th...
- HC stays penalty proceedings against Patanjali Ayurved by anti-profiteering authorityA bench of Justices Manmohan and Sanjeev Narula issued the direction on Patanjali's plea challenging the March 12, 2020 order of the Nation...
- 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...
- P&G India charged with Rs 250-crore of GST profiteeringCompany, which will have to pay fine if found guilty, says it had passed on net benefit of GST cut to consumers.
- 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.
- Pricing strategies of 50 companies under NAA lensNational Anti-profiteering Authority (NAA) has issued letters to various companies including Mankind Pharma, Johnson & Johnson, Nirma and C...
- Baba Ramdev's Patanjali made the FMCG sector better: Rakesh Kapoor, Reckitt CEOReckitt Benckiser's Rakesh Kapoor terms Baba Ramdev's company ‘a force for good’ and says it is making its rivals deliver better value.
- Post tax rate cut, FMCG firms set to reduce pricesTax experts said the companies must settle these issues at the earliest as the law makes it compulsory for them to pass on the benefits.
- Colgate can't just brush off Ramdev's Patanjali effect, admits CEOColgate Palmolive’s global CEO Ian Cook acknowledges disruption caused by Patanjali after toothpaste giant posts steepest fall in market sh...
- FMCG companies to extend tax benefits to customers, slash pricesThe companies such as Patanjali, ITC, HUL and Marico are either slashing the prices of goods or increasing the grammage of the product on d...
- FMCG companies on a roll, investors must still track these factorsThey can make or break FMCG’s ongoing rally on stock exchanges.
- GST to level up MNCs’ playing field against Dabur, Patanjali in oral careHUL looks committed to passing on the net benefits from new tax rates to consumers.
- Credit Suisse upgrades Colgate India to outperform on GST tailwindsThe government on Thursday announced GST rates, and said that some items of mass consumption currently taxed at 25-28% will be moved to the...
- Baba Ramdev's Patanjali leases 1.2 million sq ft for warehousing in 20 citiesIn a bid to double revenues to Rs 10K-cr by the end of March 2017, Patanjali has started work on strengthening its distribution network.
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