Anti Profiteering

GST rolled out: Next council meet to decide on anti-profiteering mechanism, says Arun Jaitley

The GST Council will finalise a mechanism at its next meeting later this week to operationalise anti-profiteering clause which seeks to protect consumers interest

GST from 1 July: Anti-profiteering rules bring back pre-1991 ghosts, fears of inspector raj

The word "profiteering" actually belongs in the Nehru-Indira Gandhi era, when food shortages and crackdowns on hoarders led to the word being in fashion. High inflation and hunger were then major issues on the table.

GST for consumers: What you should know before paying when the new tax regime kicks in

Goods and Services Tax is one indirect tax reform, which will make the country one unified common market for industries to pay taxes

GST Council relaxes return filing rules for July-August, rollout confirmed from 1 July

The GST, the biggest tax reform in India's 70-year history, will require firms to file three online returns each month.

GST Council relaxes return filing rules for July-August ahead of launch

The GST Council relaxed return filing rules for businesses for the first two months of the rollout of the new indirect tax regime even as it stuck to the 1 July launch date

GST: Anti-profiteering panel to levy penalty, have sunset date of two years

A five-member anti-profiteering authority will be set up to decide on levying a penalty if businesses do not pass on the benefit of price reduction to consumers under the goods and services tax regime.

GST rates: Govt starts media awareness drive for common man to prevent being fleeced by traders

The Central Board of Excise and Customs (CBEC) in advertisements in leading dailies gave pictorial representations of items which are exempt from Goods and Services Tax and the ones which would attract lower tax of 5 percent.

GST: Hasmukh Adhia tells companies to hold prices till roll out on 1 July

The GST Act includes the provision of setting up an anti-profiteering authority to ensure that companies pass on the benefit of tax reduction to customers.

GST rates fixed: Finance ministry warns industry against increasing prices arbitrarily

The GST Act includes the provision of setting up an anti-profiteering authority to ensure that companies pass on the benefit of tax reduction to customers.