GST Rate Cut: With anti-profiteering law gone, can govt still enforce pass-through to consumers?
Industry and consumers anticipate a consumption boost from GST rate rationalization, yet concerns linger about benefit transfer to consumers, especially with the anti-profiteering mechanism’s expiration. Companies face challenges in calculating the actual impact and dealing with existing stock. While some believe the anti-profiteering act may return if needed, others think it’s unlikely.
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