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GST Profiteering- Is National Anti-Profiteering Authority an eye-wash or dedicated efforts

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GST Profiteering- Is National Anti-Profiteering Authority an eye-wash or dedicated efforts Couple of articles on the subject have been posted in this blog. One such article of relevance was written on 25th May 2018 with title as: National Anti-Profiteering Authority- Is it really effective in handling complaints of profiteering https://skvirmani-jagograhak.blogspot.com/2018/05/national-anti-profiteering-authority-is.html There have been number of posts alleging profiteering by the industry post implementation of GST. I had also initially brought out a case where the restaurant had adopted to profiteering on the pretext of GST whereas the GST should have reduced the prices by around 10%. on the contrary, the restaurant had increased the prices by about 40 to 50% just immediately after GST. The reason of increase in prices just next day of GST implementation was cited as GST. No action has been taken by the National Anti-Profiteering Authority.   It is also a fact that th...

National Anti-profiteering Authority - is it effective in handling complaints of profiteering

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National Anti-profiteering Authority - is it really effective in handling complaints of profiteering   An article titled "Restaurant Industry- Whether GST leading to Profiteering" was published in this blog on 8th August 2017, the url of which is http://skvirmani-jagograhak.blogspot.in/2017/08/restaurant-industry-whether-gst-leading.html The article was mailed to the National Anti-profiteering Authority as well as the same was also brought to their attention through social media of Local Circle Community. It seems no action has been taken as the Le-Chef Restaurant not only continuing the business of profiteering after implementation of GST but also now adapting to unethical business practices. As analyzed in my article on 8th August 2017 in this blog, it was substantiated that the Restaurant in the name of GST, has increased the prices of various commodities as high as 39%. This increase in the prices despite reduction in the impact of the taxes, amounts to an...

Alleged unfair business practices of Retailers like Home Saaz, Lefestyle, Shoppers Stop, Pantaloons and others charging taxes on discounted sale price

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Several posts have been written on this blog from 2014 onwards about unfair business practices of the retailers like Home Saaz, Lifestyle, Pantaloons, Shoppers Stop and others on charging of taxes on discounted sales prices. Some of the retailers have even been prosecuted but despite prosecution continue to carry out unfair business.  Recently on a complaint against Home Saaz about adoption of the similar practices, the Home Saaz was challaned for the same. In a recent judgment on 06/02/2018, The Hon'able District Consumer Forum, Ludhiana in a complaint number No. 741 of 11.10.2017 of Mr. Brij Mohan, Chandigarh vs. The Mandhana Retail Ventures Limited, Being Human-Silver Arc. Gr.Floor, Store No.10, Gurdev Nagar, Near Arti Chowk, Firoz Road, Ludhiana-141001 has termed such practices as unfair trade practices and have imposed a cost of Rs. 4,000/- to be paid by the company to the consumer. A full judgement of the same is quoted below which can be used by the consumers who are...

Restaurant Industry- Whether GST leading to Profiteering

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Goods and Service Tax (GST) has been implemented in India w.e.f 1st July 2017 with much fanfare. One of the key point as highlighted by Prime Minister of India is that it will result into reduction in the prices to the consumers. With the newspaper reports the dream was becoming true when the automobile industries came up with the substantial reduction in the prices of high end luxury car. Our Prime Minister in his talk "mann ki baat" referred to a letter from a poor person stating that due to implementation of GST in the country has resulted cost reduction to make it affordable to ordinary person. Yes it is true that the car prices of high end models have come down due to GST. Is it really true for daily needs of ordinary citizens. One of the daily need is the consumption of food items. An advertisement of Jago Grahak Jago as appeared in the Times of India on 5th August 2017. A scanned copy of the advertisement titled "GST to make common man's plate afford...