Anti-profiteering

LocalCircles' survey found that 42% of consumers were only "partially confident" and 33 per cent were "not confident" about companies lowering MRP in line with the revised GST rate

The Centre is considering reviving anti-profiteering provisions for two years to ensure consumers benefit from GST rate cuts

The court, which clubbed the petitions, had posted the matter for next hearing on October 19

Petitions were listed today before the division bench for hearing, but due to elevation of one of the judges, a change in the roster is expected

This is to allow market forces to determine prices of goods and service

The government has extended the deadline till March 31

Will speak on behalf of consumers in a case against National Anti-profiteering Authority; Forty-odd companies have challenged NAA findings, court has clubbed petitions as one

Justice Rajiv Sahai Endlaw made it clear the stay would come into operation only if the pharma major deposits the amount with NAA within two weeks.

Since the govt claims its biggest achievement after one year of GST is to have kept inflation in check, the question is, will the continued existence of anti-profiteering provisions serve any purpose?