SC Explains When Shares Received After Company Amalgamation are Taxable as Business Income  ||  SC: Excavators, Dumpers Etc Used Within Factories aren’t Motor Vehicles For Road Tax Purposes  ||  SC: Complaints Alleging Fraud under Companies Act Can Be Filed Only By SFIO, Not By Private Parties  ||  SC: Preventive Detention Cannot Override Bail and Requires Proof of a Threat to Public Order  ||  Supreme Court: Multiple Complaints Are Valid For Dishonour of Several Cheques in One Transaction  ||  SC: Bail Should Not be Refused Mechanically Nor Granted Based on Irrelevant Considerations  ||  Gujarat HC: Motor Accident Compensation Doesn’t Cover Medical Expenses Paid by Charity  ||  HP High Court: Panchayati Raj Elections Cannot Be Postponed Beyond Five-Year Term  ||  Ker HC: Victim Cannot File Second Appeal Seeking Special Leave Against Acquittal Under S.419(4) BNSS  ||  Delhi HC: Right to Higher or Professional Education is Fundamental and Cannot be Curtailed Lightly    

NAA Finds Glenmark Guilty of not Passing GST Rate Cut on Sanitary Napkin to Customers - (23 Oct 2019)

GOODS AND SERVICES TAX

National Anti-Profiteering Authority has ruled Glenmark Pharmaceuticals Ltd guilty of not passing GST rate cut benefit on sanitary napkin to customers. The all-powerful Goods and Services Tax Council headed by the Finance Minister in July 2018 had reduced the tax rate on sanitary napkin from 12 per cent to nil and it was expected that the companies would pass on the entire benefit of rate cut to the customers.

Tags : NAA   SANITARY NAPKIN  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved