NAA : 'Starbucks-Coffee' profiteered by increasing 'base-price', no fetters on DGAP's power to investigate 'other-products'

Nov 04,2020

NAA confirms profiteering allegation against ‘Starbucks Coffee’ for the period November 15, 2017 to June 30, 2018 for not passing benefit of tax-rate reduction to buyers on restaurant service; Finds that rate of duty on products sold by Respondent, engaged in business of operating and maintaining restaurants which sells Coffee, Tea, Iced beverages and food items and having 132 stores in the country, was reduced from 18% to 5%; Claims that base-price increase on ...


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