Anti-profiteering move: It’s Catch-22 for government

Within days after at least five companies, including a McDonald’s franchise and Honda Motor, were issued notice under the GST antiprofiteering clause, the government is on a damage control mode. Joining ET NOW’s India Development Debate on Tuesday, Sandeep Mohan Bhatnagar, Director General - Safeguard, CBEC, said the government’s intention is not to frighten the industry or cause an extra burden o…