Patanjali fined Rs 75.08 crore for not passing GST benefits to consumers

Economic Times

The National Anti-Profiteering Authority (NAA) has ordered Patanjali Ayurveda Ltd to pay up Rs 75.08 crore for not passing on benefits of goods and services tax (GST) rate reduction on to consumers, adding that the company instead increased prices of its washing powder.  The authority has directed the company to deposit the amount, along with 18% GST, to consumer welfare f…

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