GST branch finds Hardcastle Restaurants guilty of profiteering Rs 74 bn

The anti-profiteering authority (NAA) has found Hardcastle Restaurants, a franchisee of fast food chain McDonald's, guilty of not passing on GST rate cut benefits of over Rs 74.9 billion to consumers. Hardcastle Restaurants was operating quick service restaurants under the brand name McDonald's in the Western and Southern regions of India. Complaints were filed agains…