GST Anti-profiteering Rules

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 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