GST’s anti-profiteering clause can impede ‘ease of doing biz’

Recent news updates that GST officials could be your next ‘customers’ with a view to curb anti-evasion and also anti-profiteering has caused quite a buzz. Mock purchases, site visits and checking of invoices of the top 20 suppliers in their respective jurisdictions will be standard practice for GST officials. This news followed another development. The tenure of the anti-profiteering watchdog…