HC sets aside NAA’s ruling against McD’s franchisee

New Delhi: In a relief for  McDonald's franchisee  Hardcastle Restaurants Pvt Ltd, the  Bombay High Court has set aside a  National Anti-profiteering Authority order against the company holding it guilty of denying tax cut benefits to consumers. A high court bench in a recent ruling observed that the term ‘profiteering’ under the Goods and Services Tax Act and rules is used in…