DG Safeguards sends investigation notices for GST
profiteering in 53 cases
The Directorate General of Safeguards, which
probes profiteering complaints under GST, has issued
investigation initiation notices in 53 cases, Parliament
was informed on Tuesday.
Minister of State for Finance Shiv Pratap Shukla
said, as on February 23, the anti-profiteering authority
had received 2,732 refund claims and dispersed Rs 32.96
billion.
In a written reply to a question in the Rajya
Sabha, Shukla said till February 23, the Standing
Committee received 354 complaints alleging that the
benefits of reduction in tax rate or input tax credit
have not been passed on to the consumers.
Out of the total number of 354 anti-profiteering
applications, the Standing Committee has forwarded 65
applications to the Directorate General of Safeguards
for investigation. |