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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  

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