Bombay High Court Quashes NAA Order Against McDonald's Franchisee in GST Anti-Profiteering Case — Failure to Consider Input Tax Credit Benefit and Lack of Proper Investigation. The court held that the National Anti-Profiteering Authority must consider the benefit of input tax credit and conduct a proper investigation before directing deposit of profiteered amount under Section 171 of the Central Goods and Services Tax Act, 2017.
1 Oct 2019The petitioner, Hardcastle Restaurants Pvt. Ltd., operates McDonald's restaurants in Western and Southern India. After the GST rate on restaurant serv...
