"While the court would initially decide the aspect of the constitutional validity of Section 171 of the CGST Act, the determination of the quantum of profiteering cannot be ignored and hence, would have to be argued for each specific petition. These facts in each petition would also play an important role to decide the actual profiteering, if at all," the report quotes Abhishek A Rastogi, Partner at Khaitan & Co, as saying. Rastogi is arguing the seven petitions mentioned above. … [Read more...] about Delhi High Court hears anti-profiteering pleas by Johnson & Johnson, HUL
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In pics | Here’s how much top advertisers have spent in first half of 2020
FMCG as a category saw its share going up to 38 percent in 2020 so far, up from 33 percent in the full year 2019. So, it doesn't come as a surprise that on the second position is another FMCG brand that became a top spender in advertising in the first half of 2020. A distant second, P&G spent Rs 250 to Rs 350 crore. (Image: P&G) … [Read more...] about In pics | Here’s how much top advertisers have spent in first half of 2020
