The establishment of the National Anti-Profiteering Authority (NAPA) can go a long way in ensuring that benefits of the GST are passed on to the consumers. However, the NAPA should not be used to harass traders.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
Section 171 of CGST Act, 2017 is a well meaning provision. If businesses that do not respect the intent of a Government need not thrive on the threat of impairment. They will perish. The body appointed to look into anti profiteering will come of age and businesses can spend part of their ill gotten profits on litigation to make the advocates rich otherwise their business will be impaired.
Section 171 of CGST Act, 2017 is a well meaning provision. If businesses that do not respect the intent of a Government need not thrive on the threat of impairment. They will perish. The body appointed to look into anti profiteering will come of age and businesses can spend part of their ill gotten profits on litigation to make the advocates rich otherwise their business will be impaired.