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Who profiteered the most from GST tweaks? CCI has clues

  • 15 Feb 2024
  • Team Edukating
  • 100

Since last May, CCI has issued around 44 orders on complaints of businesses allegedly pocketing the benefits of GST rate reduction or tax credits meant for consumers.

Real estate developers have topped the list of businesses facing consumer complaints for suspected goods and services tax (GST)-related profiteering, data from the Competition Commission of India (CCI) showed.

CCI decides on the merit of customer complaints based on an investigation by the Directorate General of Anti-Profiteering (DGAP), which comes under the Central Board of Indirect Taxes and Customs.

Source : https://www.livemint.com/news/who-profiteered-the-most-from-gst-tweaks-cci-has-clues-11707924072663.html

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