News
GST anti-profiteering authority slaps penalty on Garnier’s distributor for not passing benefits to consumer
- Date:
- December 28, 2018
- Source:
- Money Control
The National Anti-Profiteering Authority (NAA) has slapped a penalty worth Rs 3.43 lakh plus some amount of interest on a Delhi-based distributor of Garnier Laboratories on grounds of not passing the benefit of GST rate cuts to consumers. Apart from Rs 3.43 lakh fine, the quasi-judicial body also asked the distributor to pay 18 percent interest from the date of collection of the higher tax till th…