Anti-Profiteering

Cement prices have been increased by the industry by 40 rupees last week. There is no regulatory body for it in the country and carteling and profiteering continues unabated.

Yes, cartelisation is a big issue of controlling the market. In the Local Circles, the issue falls under Consumer Connec and must be raised and discussed so that it comes to the notice of the regul...

Most of the sanitaryware makers have not reduced MRPs on existing inventory after the GST rate reduction from 28% to 18% as a result distributors and retailers never passed on benefit to consumer. ...

Carteling is common in India and what happens is manufacturers of a particular commodity come together wine and dine and decide that they will never sell below a base price i.e. say at 50% profit. ...

Due to avoidance of double taxation at each level, the tax burden on consumers is supposed to be way less and the price is supposed to be lower but is it happening in reality??? Here is ...

I find traders from Mandore Mandi, Jodhpur use 2 ways of avoiding tax. 1. Under invoicing. They get under invoiced bills from the source and forward same saving partial tax. How ever the commodity ...

This company has really profiteered after gst. The net price now as compared to pre gst is higher. So earlier tax was 18% now its 5% but the garlic bread of dominos is now more expensive than last ...

A post titled 'Le-Chef Restaurant in Faridabad adapting to anti-profiteering' was published in this circle on 10 th May 2018. The same was also published on my blog on 8th August 2017 which was al...

After gst being reduced from 28% to 18%on chocolates, cadburys has actually done shameful profiteering. Instead of lowering prices by 10%, they have reduced quantity available in 5 rupees from 15 g...

I am sharing this experience so that we become aware of unfair practices being followed by SpiceJet particularly, as maybe other airlines also. Recently, I did a SpiceJet flt booking thru IVR &...