Johnson & Johnson distributor found guilty of profiteering after GST rate cut

Financial Express

The GST anti-profiteering authority has found a distributor of Johnson & Johnson (J&J) guilty of not passing on the tax rate cut benefit of over Rs 5 lakh to consumers. The case before the National Anti Profiteering Authority (NAA) states that the distributor had hiked the base price of two products — J&J baby shampoo 100ml and J&J baby powder 200gm — after the GST Council slashed…

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