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NAA Fined Patanjali Not Transferring GST Benefits

NAA Fined Patanjali for Not Transferring GST Benefits

National Anti-Profiteering Authority (NAA) fined Baba Ramdev’s Patanjali Ayurved Ltd. a total of INR 75.08 crores for the company’s not transferring the benefits of reduction in the rates of Goods and Services Tax (GST). According to sources, the NAA said that the company increased the price of their washing powder even after the rates of […]

Profiteering Amount to Flat Buyers

NAA Instructs GST Commissioners to Ensure the Passing of Profiteering Amount to Flat Buyers

All the Central Goods and Services Tax (CGST) commissioners and State Goods and Services Tax (SGST) commissioners were advised by National Anti-Profiteering Authority (NAA) to ensure that the eligible buyers of flats and apartments are getting the Profiteering Amount and were ordered to submit a report of compliance within 4 months from the receipt date […]

Inquire Construction Service

NAA To DGAP: Inquire Construction Service Under PMAY Scheme

NAA which stands for the National Anti-Profiteering Authority has recently directed DGAP to investigate profiteering allegations on the supply of construction services under Pradhan Mantri Aawas Yojna (PMAY). The first applicant had filed a petition before the Standing Committee on Anti-profiteering stating that “the Respondent had resorted to profiteering in respect of the supply of […]

Naa Samsung Fined Heavily

Samsung Holds Rate Cut GST Benefits; Fined Heavily by NAA

Samsung being under the tax radar for long has finally been penalized with the whooping sum of Rs. 3.7 million for not passing on the tax benefits to the customers. Samsung is the star electronic manufacturing brand prevailing in India with not less than 50% current user base. The government has recently announced the rate […]

GST NAA Challenged by Real Estate Developers

GST NAA’s Constitutionality Challenged by Real Estate Developers

Constitutional lawfulness of the National Anti-profiteering Authority (NAA) has been challenged by some real estate developers due to the absence of judicial members as a part of authority while condemning the interest levied by NAA on penalties. Around 50 real estate developers throughout India had received notices from NAA on account of not passing the […]

TNAAR Housing Society

TNAAR: Higher GST for Monthly Maintenance Amount Exceeding INR 7500

In a recent ruling, The Tamil Nadu Authority for Advance Ruling (TNAAR) has clarified that if the monthly maintenance amount gathered by the registered housing society or resident welfare committee surpasses INR 7500 per month, then a flat 18% GST rate will be applicable on the entire amount, not the different amount. The ruling decision […]

SME Overview

GST NAA: Standard Operating Procedure & Control Raj Continues

The National Anti-profiteering Authority (NAA) has made a pitch for the Standard Operating Procedure (SOP) for Central and State Tax Officials and presented it before the 35th GST council meeting on June 21. According to the proposed SOP, all commissioners of CGST and SGST will single out the top 20 suppliers including distributors, manufacturers and […]

Hindustan Unilever News

GST NAA Vs HUL: Does Extra Quantity Covers Price Reductions on GST Benefits?

National Anti-Profiteering Authority and Hindustan Unilever Ltd. are at loggerheads again over the latter’s move of passing GST benefits by offering customers more grammage for the same price as a commensurate to price reductions.

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