Anti-profiteering Laws

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

Anti-profiteering measures have been included in the goods and services tax legislation only to protect consumers from errant businessmen making undue profits at their expense