Government Cracks Down On Firms Not Passing On GST Benefits, Notices Issued

Within a fortnight of the government putting in place a National Anti-Profiteering Authority, the government has issued notices to two companies, a car dealer and a real estate developer, on the basis of customer complaints that they did not pass on the benefits under the Goods and Services Tax (GST), an official said. The Finance Ministry is in the process of initiating action against eight more…