GST NAA finds Hardcastle Restaurants guilty of profiteering Rs 7.49 crore
Complaints were filed against the restaurant accusing it of keeping the prices of the products same despite a reduction in the GST rate from 18 per cent to 5 per cent with effect from November 15, 2017.
The anti-profiteering authority (NAA) has found Hardcastle Restaurants, a franchisee of fast food chain McDonald's, guilty of not passing on GST rate cut benefits. Image source: Reuters