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GST ANTI PROFITEERING
GST investigation arm finds P&G India guilty of profiteering Rs 250 croreAn investigation found P&G had not lowered prices of products despite cut in GST rate to 18% from 28%.
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.
J&J distributor found guilty of profiteering after GST rate cutIt was found that the base price of the baby shampoo was increased from Rs 57.24 to Rs 62.10 a piece following the November 15 rate cut.
National Anti-profiteering Authority starts consumer helpline to file GST profiteering complaintsThe applicant has to enclose evidence like copies of invoice or price list to prove that the benefit of tax rate reduction or benefit of in...
Anti-profiteering authority seeks inputs from Airtel, Indigo on GST benefitsTaking suo-moto cognisance, the Authority has asked the market leaders in the telecom and aviation sectors to calculate the input tax credi...
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...
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...
Hindustan Unilever to pay Rs 119 crore as GST duesThis, HUL said, was proactively disclosed to the CBEC in December first week and January first week. "The firm had voluntarily offered to p...
HUL gets GST anti-profiteering noticeHUL said it has got the notice and is in the process of ascertaining all details. “We will respond to the same stating our position,” said ...
Finance Ministry to simplify GST profiteering complaint formThe move to simplify the form comes after the standing committee received numerous representations red-flagging the complicated nature of t...
Govt issues anti-profiteering form: Here's how to complain about firms not passing on GST benefitsThe government was looking at detailed anti-profiteering guidelines to ascertain whether companies are passing on the tax reduction under G...
PSUs want vendors to meet anti-profiteering guidelinesA number of PSUs cutting across sectors and including the toptier ones like BHEL, Indraprastha Gas Ltd and SAIL have introduced such a clau...
Badri Narain Sharma named GST anti-profiteering body ChairmanSharma, 58, at present an additional secretary in the department of revenue in the finance ministry, will have rank and pay of secretary at...
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...
How will anti-profiteering help me when GST kicks in? Here's the lowdownKeen to ensure that this benefit is passed on to consumers in the form of lower prices, the new framework provides for an anti-profiteering...
GST anti-profiteering agency for passing on gains to buyersGST Council had put in place a three-stage mechanism to deal with consumer complaints drawing upon experience in Australia, which used the ...
Note war: Will states get 14% returns after GST rollout?"The anti-profiteering clause is an enabling provision in case it is noticed that intended benefits of a GST law are not being passed on to...