Talking Point: Enforcing anti-profiteering rules under GST
India can take cues from the Australia and Malaysia experience
The Central Board of Excise and Customs (CBEC) recently issued notices to a McDonald’s outlet, a Honda car dealer, an FMCG trader and other entities after receiving complaints from some aggrieved customers that GST benefits were not passed on to them. As per the law, any benefit accrued due to reduction in tax rate or higher input tax credit is to be passed on to the consumer.The National Anti-pr...
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