GST Council extends anti-profiteering authority's tenure by two years, sends rate cut on EVs to fitment panel
The all-powerful GST Council on Friday extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of up to 10 percent on entities not passing on benefits of GST rate cuts to consumers
FMCG major Hindustan Unilever (HUL) on Wednesday said it is considering "legal options" after GST anti-profiteering authority found it guilty of not passing on rate cut benefits to consumers.
Hardcastle Restaurants was operating quick service restaurants under the brand name McDonald's in the Western and Southern regions of India.
This is the sixth notice issued by Directorate General of Safeguards (DGS), the investigative arm of the finance ministry, to entities for not reducing prices post Goods and Services Tax implementation from 1 July.
A not-for-profit organisation has pitched for stern action against those builders who are "enriching themselves" under the "guise of GST" causing loss to homebuyers
The seven, or possibly more, rates are a mockery of the current GST regime, says former finance minister P Chidambaram
The moot question is how on earth would the APA come to the conclusion that the given trader or service provider is profiteering