GSTAT orders Subway franchisee to deposit profiteered sum for pocketing GST rate cut benefit

The Anti Profiteering division of GST Appellate Tribunal (GSTAT) in its first order, has asked a franchisee of Subway, Urban Essence to deposit profiteered amount of over ₹5.47 lakh. This is also the beginning of anti-profiteering mechanism post end of National Anti-Profiteering Authority (NAA) and adjudication by the Competition Commission of India (CCI). “The report submitted by the DGAP (Direct…