GST profiteering charge against Fabindia dismissed

The anti-profiteering authority has dismissed charges against Fabindia Overseas of not passing on price reduction benefits to consumers post the roll out of Goods and Services Tax (GST). The complaint filed with standing committee under GST in February had said that Fabindia Overseas Pvt Ltd, Banjara Hills, Hyderabad had not passed on to the consumers the benefit of reduction in the rate of tax on…