Thursday, November 5, 2020

GST: NAA finds Starbucks guilty of profiteering to the tune of Rs 7.49 crore, but no penalty imposed [Read Order]

GST- NAA - Starbucks - profiteering - TaxscanThe National Anti-Profiteering Authority (NAA) has found Starbucks guilty of not passing on the GST rate cut benefits to the tune of Rs 7.49 crore to consumers. The Applicant alleged that the respondent, Starbucks has profiteered to the tune of Rs 1.04 crore during the period from November 15, 2017, to June 30, 2018, which […]

from Taxscan | Simplifying Tax Laws https://ift.tt/38kRlDj

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