NAA : Upholds profiteering on ‘After Shave Lotion’ supply, dismisses challenge to NAA constitution, investigation period

NAA upholds profiteering allegation to the tune of Rs. 18 crores (approx.) on Respondent (part of Raymond group) on sale of ‘After Shave Lotion’ to mega stores (like Big Bazar); States that, despite reduction in rate of GST from 28% to 18% w.e.f. November 15, 2017, the  Respondent increased base-price, thus MRP remained same per unit; States that, “there is no provision of passing on the benefit of tax reduction by way of offering discounts and it should be in...