NAA: Rejects DGAP’s methodology for computation of profiteered amount, directs reinvestigation in case of 'Himalaya Drugs'

Jun 23,2020

NAA rejects DGAP’s report on Himalaya Drugs ('Respondent') regarding computation of profiteered amount of Rs. 27, 42,95,345, stating that the mathematical methodology adopted as “not correct, logical, appropriate and in consonance with the provisions of Section 171 of the CGST Act, 2017”; Directs reinvestigation on certain issues under Rule 133(4) of CGST Rules, 2017 while rejecting DGAP’s report; Notes that the Applicant being General Secretary of All India Chemists ...


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