Tuesday, September 4, 2018

Govt to Hike Penalty for Companies not passing GST Benefit to Consumers

In the light of reports that a large number of companies and businesses are not passing on the benefit to the consumers and are pocketing the extra tax charge as profit, the Government is planning to increase the quantum of penalty on such Companie. The “anti-profiteering” measures enshrined in the GST law provide an institutional […]

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