Business Standard

Unfair intervention

Anti-profiteering authority's term should not be extended

Unfair intervention
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Business Standard Editorial Comment
It’s close to two years since the new indirect tax regime, the goods and services tax (GST), was rolled out. But the anti-profiteering authority set up under the GST seems to be hitting its stride by taking on cases of various differing values. Recently, it held that Starbucks had raised the base price of one coffee variant after tax rates on restaurants were cut in November 2017 in such a way that consumers paid the same amount before and after; the authority determined that Tata Starbucks made undue profit as a consequence. It has also moved against at least three

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First Published: Apr 30 2019 | 9:29 PM IST

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