loading

NEWS

9
May
2017

GST's anti-profiteering clause to check monopolies, cartels

The anti-profiteering clause -which was criticised by states such as West Bengal -was built into the GST law to ensure that the price gains accruing due to an end of “tax on tax" The government plans to use the anti-profiteering clause under GST to focus largely on businesses that are prone to formation of price cartels -such as cement and steel -in addition to duopolies and monopolies to crack down on companies that do not pass on the benefit of lower prices to consumers. Sources told TOI that while prices across industries will be under watch, it was not possible for the government to keep tabs on all segments given the large number of goods and services. At the same time, it will take up cases that are flagged by consumers or other agencies but will largely confine itself to certain businesses.
LATEST NEWS
Mar 19 2019 arrow
May 17 2018 arrow
May 7 2018 arrow
Apr 26 2018 arrow
Apr 23 2018 arrow
Apr 17 2018 arrow
Apr 9 2018 arrow
Mar 7 2018 arrow
Feb 13 2018 arrow
Feb 1 2018 arrow
Jan 29 2018 arrow
Jan 15 2018 arrow
Jan 11 2018 arrow
Jan 8 2018 arrow
Nov 16 2017 arrow
Nov 7 2017 arrow
Nov 2 2017 arrow
Oct 31 2017 arrow
Oct 9 2017 arrow
Oct 6 2017 arrow
Oct 4 2017 arrow
Sep 27 2017 arrow
Sep 22 2017 arrow
Sep 21 2017 arrow
Sep 18 2017 arrow
Sep 11 2017 arrow
Sep 1 2017 arrow
Aug 31 2017 arrow
Aug 30 2017 arrow
Aug 29 2017 arrow
Aug 28 2017 arrow
Aug 24 2017 arrow
Aug 23 2017 arrow
Aug 22 2017 arrow
Aug 21 2017 arrow
Aug 17 2017 arrow
Aug 14 2017 arrow
Aug 11 2017 arrow
Aug 10 2017 arrow
Aug 9 2017 arrow
Aug 8 2017 arrow
Aug 7 2017 arrow
Aug 4 2017 arrow
Aug 3 2017 arrow
Aug 2 2017 arrow
Aug 1 2017 arrow
Jul 28 2017 arrow
Jul 27 2017 arrow
Jul 24 2017 arrow
Jul 20 2017 arrow
Jul 19 2017 arrow
Jul 14 2017 arrow
Jul 13 2017 arrow
Jul 12 2017 arrow
Jul 11 2017 arrow
Jul 10 2017 arrow
Jun 30 2017 arrow
Jun 29 2017 arrow
Jun 28 2017 arrow
Jun 27 2017 arrow
Jun 26 2017 arrow
Jun 23 2017 arrow
Jun 22 2017 arrow
Jun 21 2017 arrow
Jun 20 2017 arrow
Jun 13 2017 arrow
Jun 12 2017 arrow
Jun 9 2017 arrow
Jun 8 2017 arrow
Jun 7 2017 arrow
Jun 6 2017 arrow
Jun 1 2017 arrow
May 31 2017 arrow
May 30 2017 arrow
May 29 2017 arrow
May 26 2017 arrow
May 25 2017 arrow
May 24 2017 arrow
May 23 2017 arrow
May 18 2017 arrow
May 16 2017 arrow
May 12 2017 arrow
May 11 2017 arrow
May 10 2017 arrow
May 9 2017 arrow
May 8 2017 arrow
May 5 2017 arrow
May 4 2017 arrow
May 3 2017 arrow
May 2 2017 arrow
Apr 28 2017 arrow
Apr 27 2017 arrow
Apr 26 2017 arrow
Apr 25 2017 arrow
Apr 21 2017 arrow
Apr 20 2017 arrow
Apr 19 2017 arrow
Apr 18 2017 arrow
Apr 14 2017 arrow
Apr 13 2017 arrow
Apr 12 2017 arrow
Apr 10 2017 arrow
Apr 7 2017 arrow
Apr 6 2017 arrow
Apr 5 2017 arrow
Apr 4 2017 arrow
Apr 3 2017 arrow
Mar 31 2017 arrow
Mar 30 2017 arrow
Mar 28 2017 arrow
Mar 27 2017 arrow
Mar 24 2017 arrow
Mar 23 2017 arrow
Mar 22 2017 arrow
Mar 21 2017 arrow
Mar 16 2017 arrow
Mar 15 2017 arrow
Mar 14 2017 arrow
Mar 13 2017 arrow
Mar 10 2017 arrow
Mar 9 2017 arrow
Mar 8 2017 arrow
Mar 7 2017 arrow
Mar 3 2017 arrow
Mar 2 2017 arrow
Mar 1 2017 arrow
Feb 28 2017 arrow
Feb 27 2017 arrow
Feb 23 2017 arrow
Feb 21 2017 arrow
Feb 17 2017 arrow
Feb 16 2017 arrow
Feb 15 2017 arrow
Feb 14 2017 arrow
Feb 13 2017 arrow
Feb 9 2017 arrow
Feb 8 2017 arrow
Feb 7 2017 arrow
Feb 6 2017 arrow
Feb 3 2017 arrow
Feb 2 2017 arrow
Feb 1 2017 arrow
Jan 31 2017 arrow
Jan 30 2017 arrow
Jan 27 2017 arrow
Jan 24 2017 arrow
Jan 23 2017 arrow
Jan 20 2017 arrow
Jan 19 2017 arrow
Jan 18 2017 arrow
Jan 17 2017 arrow
Jan 16 2017 arrow
Jan 13 2017 arrow
Jan 12 2017 arrow
Jan 11 2017 arrow
Jan 10 2017 arrow
Jan 9 2017 arrow
Jan 6 2017 arrow
Jan 5 2017 arrow
Jan 4 2017 arrow
Jan 3 2017 arrow
Jan 2 2017 arrow
Dec 29 2016 arrow
Dec 28 2016 arrow
Dec 27 2016 arrow
Dec 26 2016 arrow
Dec 22 2016 arrow
Dec 20 2016 arrow
Dec 19 2016 arrow
Dec 16 2016 arrow
Dec 15 2016 arrow
Dec 14 2016 arrow
Dec 13 2016 arrow
Dec 12 2016 arrow
Dec 9 2016 arrow
Dec 8 2016 arrow
Dec 7 2016 arrow
Dec 6 2016 arrow
Dec 5 2016 arrow
Dec 2 2016 arrow
Dec 1 2016 arrow
Nov 30 2016 arrow
Nov 29 2016 arrow
Nov 28 2016 arrow
Nov 25 2016 arrow
Nov 24 2016 arrow
Nov 23 2016 arrow
Nov 22 2016 arrow
Nov 21 2016 arrow
Nov 17 2016 arrow
Nov 16 2016 arrow
Nov 8 2016 arrow
Nov 7 2016 arrow
Nov 4 2016 arrow
Nov 3 2016 arrow
Nov 2 2016 arrow
Oct 27 2016 arrow
Oct 26 2016 arrow
Oct 25 2016 arrow
Oct 24 2016 arrow
Oct 22 2016 arrow
Oct 21 2016 arrow
Oct 20 2016 arrow
Oct 19 2016 arrow
Oct 18 2016 arrow
Oct 17 2016 arrow
Oct 8 2016 arrow
Oct 7 2016 arrow
Oct 6 2016 arrow
Oct 5 2016 arrow
Oct 4 2016 arrow
Oct 3 2016 arrow
Sep 28 2016 arrow
Sep 27 2016 arrow
Sep 23 2016 arrow
Sep 22 2016 arrow
Sep 21 2016 arrow
Sep 20 2016 arrow
Sep 19 2016 arrow
Sep 16 2016 arrow