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NAA holds dealers guilty of profiteering

Saturday, December 8, 2018, 10:15 AM

In two nearly identical cases, the anti-profiteering watchdog held two distributors a Delhi-based Johnson & Johnson products dealer and a Gurugram-based bakery selling Cadbury and Nestle products guilty of profiteering for increasing the base price of their products after GST rate reduction so that the MRP remained the same. This denied the benefit of lower prices to consumers.