The court held that anti profiteering provisions pertain to commensurate reduction of prices when gst rates are reduced or due to input tax credit and hence these provisions are in public interest
The problem that India Inc faces is how to comply with the anti-profiteering rules. That's because no rule exists
HUL said it was not possible to immediately pass on the benefit of the GST rate reductions
15 states agreed for implementation of intra-state movement along with inter-state movement of goods via e-way bills from Feb 1
The notice to HUL is the DGS's sixth; it has already issued notices to other firms
The anti-profiteering clause of GST law should provide clarity on rules and regulations: CII
Govt is yet to issue guidelines on what constitutes profiteering