In recent case, the National Anti-Profiteering Authority (NAA) has held that the denial of the benefit of rate reduction to the buyers of the product, and increasing the base price more than what he was entitled to increase has resorted to profiteering which is an offence under section 171(3a) of the act and therefore liable […]
The post Denial of Benefit of Rate Reduction to Buyers is Resorted to Profiteering: NAA finds Johnson and Johnson guilty [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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