Setback for HUL, Nestle, Patanjali and others as HC upholds anti-profiteering provisions under GST

In what could be termed as a setback for more than 50 top companies in India, the Delhi High Court on Monday upheld the constitutional validity of various provisions of the anti-profiteering provisions under the Goods and Services Tax (GST) framework.  More than 50 top companies are against the Anti-profiteering mechanism under GST, which was introduced by the government to make sure that the…