Tuesday, April 30, 2019

GST investigation arm finds Tata Starbucks guilty of profiteering Rs 4.51 cr

Investigation by the Directorate General of Anti Profiteering (DGAP) has revealed that Tata Starbucks, the equal joint venture between the Tata and global coffee chain Starbucks, had hiked the base price of one its coffee variant after the GST Council cut tax rates on restaurants from 18 per cent to 5 per cent with effect from November 15, 2017.

from Moneycontrol http://bit.ly/2GO8zJT

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