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Investigation notices issued in 9 cases under anti-GST profiteering

The National Anti-Profiteering Authority and Standing Committee, as well as State Level Screening Committees on anti-profiteering, have been set up to examine the complaints of profiteering

Press Trust of India  |  New Delhi 

GST

Notices for "initiation of investigation" have been issued in 9 cases under anti-profiteering provisions of the Goods and Services Tax, the informed the on Friday. The and Standing Committee, as well as State Level Screening Committees on anti-profiteering, have been set up to examine the complaints of profiteering. "221 anti-profiteering applications have been received by the Standing Committee and State Screening Committees as on January 31, 2018. "Notices of initiation of investigation have been issued in 9 cases involving 52 applications," said in a written reply. He further said that to protect the interest of consumers, the government has directed manufacturers, packers, importers of pre-packaged commodities to declare the revised retail sale price after the implementation of by way of stamping or putting sticker or printing. The collection in January was estimated at Rs 889.29 billion.

First Published: Fri, February 09 2018. 23:33 IST
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