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Govt warns of anti-profiteering action after GST

Srinagar, 19 MayCompanies face the risk of government action if they raise prices in anticipation of the change in rates under the goods and services tax (GST) regime to be implemented from July 1, says Union revenue secretary Hasm.....»»

Category: topSource: business-standardMay 19th, 2017

Govt to soon set anti-profiteering rules to pass GST rate cut benefit: CBEC

15 states agreed for implementation of intra-state movement along with inter-state movement of goods via e-way bills from Feb 1.....»»

Category: topSource: business-standardJan 24th, 2018

Under the GST"s ambit: Hindustan Unilever move might trigger more action

FMCG, pharma firms among those likely to voluntarily disclose tax benefits as anti-profiteering body gets stringent.....»»

Category: topSource: business-standardJan 21st, 2018

Jittery over govt"s anti-profiteering drive under GST, firms may move court

Companies, mainly in FMCG and IT segments, complain of ambiguity in rules.....»»

Category: topSource: business-standardJan 14th, 2018

Illicit funds: Non-compliance to be "very costly" for companies, warns govt

About the ongoing action with respect to suspected shell companies, he said investigations are being carried out with urgency.....»»

Category: topSource: business-standardDec 26th, 2017

70 complaints filed with Anti-Profiteering Authority: Govt

Over 25 lakh calls have been answered by the GST Network help desk during June 25 to December 19.....»»

Category: topSource: business-standardDec 22nd, 2017

Complications in GST anti-profiteering rules

Govt is yet to issue guidelines on what constitutes profiteering.....»»

Category: topSource: business-standardDec 7th, 2017

Govt to constitute National Anti Profiteering Authority within a week

We request companies to pass on benefits to consumers immediately, says Adhia.....»»

Category: topSource: business-standardNov 25th, 2017

Govt sets up panel to ensure GST benefits flow to your wallet: Key points

The Union Cabinet on Thursday approved the setting up of the anti-profiteering authority under the GST regime in a bid to ensure that the benefit of lower rates is passed on to consumers.....»»

Category: topSource: business-standardNov 16th, 2017

Govt likely to approve anti-profiteering body under GST regime tomorrow

The complaints of local nature will be first sent to the state-level 'screening committee'.....»»

Category: topSource: business-standardOct 3rd, 2017

Myanmar violence sparks online war with anti-Rohingya hate speech

While multiple ethnic groups have been affected by the conflict, the international community has urged Myanmar govt to stop violence and take action to help the refugees.....»»

Category: topSource: business-standardSep 13th, 2017

BS GST Round Table: Govt sets in motion anti-profiteering mechanism

It'll be mandatory for businesses to pass on the benefits arising out of lower tax incidence.....»»

Category: topSource: business-standardSep 6th, 2017

TN Govt warns traders collecting GST for exempted goods

Tamil Nadu Government today warned of strong action against traders and retail outlets collecting Goods and Services Tax on goods which do not come under the ambit of GST. ‚ÄúThere are some products wh........»»

Category: topSource: thehindubusinesslineAug 6th, 2017

GST: How does the anti-profiteering law work under the new tax regime?

Govt is yet to release norms regarding various aspects relating to the anti-profiteering provisions.....»»

Category: topSource: business-standardJul 2nd, 2017

GST regime: Builders must pass on lower rates to buyers, says FinMin

Otherwise, the action would be violation of the anti-profiteering clause.....»»

Category: topSource: business-standardJun 15th, 2017

GST: Ordinance likely to give teeth to anti-profiteering clause

A legislation for penal action is required both at the Centre and state levels.....»»

Category: topSource: business-standardMay 31st, 2017

UP govt warns of action on sugar mills on cane arrears

Deadline over but Rs 4,000 cr of dues remain, despite a record Rs 5,200 cr paid since CM's threat.....»»

Category: topSource: business-standardApr 24th, 2017

Misusing LTC? Govt warns employees of disciplinary action

Central government employees found misusing Leave Travel Concession (LTC) will face disciplinary action, the Department of Personnel and Training (DoPT) has warned. A government employee gets reimbursement of tickets for to-and-fr.....»»

Category: topSource: business-standardFeb 13th, 2017

FinMin warns employees of action for criticising govt policies

Instructions cite rules that bar govt servant from criticising policy or govt's action.....»»

Category: topSource: business-standardFeb 6th, 2017

Anti-profiteering provision in GST law is retrograde

Section 4 of the Competition Act, 2002, provides for action against abuse of dominant position.....»»

Category: topSource: business-standardFeb 5th, 2017

Anti-profiteering provision in GST Law is retrograde

Section 4 of the Competition Act, 2002, provides for action against abuse of dominant position.....»»

Category: topSource: business-standardFeb 5th, 2017