National Anti-profiteering Authority investigating 250 retailers for ‘profiteering’

47 ViewsThe National Anti-profiteering Authority (NAA) is “internally” investigating around 250 retailers following complaints that they raised prices of pre-packaged items, more than warranted, following the imposition of goods and services tax (GST) post the July 18 changes in rates. “We have received many complaints both from customers and field formulations about instances of jump […]

Finance Ministry approaches Supreme Court for additional 30 days for opening special window for transitional credit claim under GST

61 ViewsFinance Ministry has approached the Supreme Court for extension of time to open a special window for filing transitional credit claim by 30 days, as it feels GSTN has limited time to make changes in the portal to facilitate filing. GSTN, the IT backbone of GST, operates a portal for filing all the returns […]

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