Connect with us


Samsung rapped for not passing GST benefits to consumers



The Directorate General of Anti-Profiteering (DGAP) has served a notice on technology major Samsung India for allegedly not passing on the benefits of GST reduction to its customers and in turn making undue profits, sources said.

The notice, sources said, was served on the basis of a complaint that alleged the company was not tranferring the rate cut in the Goods and Services Tax (GST) on television sets to the consumers.

In December, the GST Council reduced the tax rate on televisions with screen sizes of up to 32 inches to 18 per cent from 28 per cent, which came into effect on January 1, 2019. Earlier, only the television sets with screens up to 26 inches were in the 18 per cent tax slab.

The anti-profiteering body, which functions under the GST Council, has also sought documents of sales made by the company.
Image result for Samsung rapped for not passing GST benefits to consumers
A Samsung India spokesperson said: “Samsung reduced its sales price according to GST reduction with effect from January 1, 2019. We are cooperating with DGAP on this matter.”

Sources said the complaint refers to only one of the company television models and that the company will reply to the notice soon.

Non-transmission of rate cuts to consumers violates Section 171 of the Central Goods and Services Tax Act which mandates that any reduction in tax rates on goods and services or benefits of input tax credit should be passed on to customers through reduction in prices.

The duty of the anti-profiteering agency is to conduct investigation and collect evidence necessary to determine whether the benefit of reduction in the rate of tax on any goods or services has been passed on to the recipient by way of commensurate reduction in prices, in terms of Section 171 of the CGST Act, 2017.

Several companies have faced action from the anti-profiteering body over numerous complaints filed by consumers.


Heavy discounts on Apple gadgets: Check offers



Flipkart is hosting Apple Days sale. The sale kicked off Monday (1 March) and will end on 4 March. During this sale, several Apple products are on offer, including iPhones, HomePod, iPad, AirPods, Apple Watch, among others. Flipkart also reveals that on the purchase of iPhone, iPad, iPod Touch, Mac or Apple TV, users will get a free one-year Apple TV+ subscription. Lets look at some of the best deals available during the sale:

Best deals on iPhones

iPhone 11

iPhone 11 is currently selling at a starting price of Rs 49,999 on Flipkart. The base 64 GB storage variant was earlier priced at Rs 54,900.

iPhone XR

The base variant of the iPhone XR is available at Rs 40,999, down from  47,900. The iPhone still comes with an adapter and EarPods.

iPhone SE

iPhone SE was launched at a starting price of Rs 42,500 in India. On Flipkart, this variant will now cost you Rs 31,999.

iPhone 12 Mini

Flipkart is offering a discount of Rs 6,000 on iPhone 12 Mini for HDFC Bank debit and credit cards. After the discount, it will be available at a starting price of Rs 63,900, down from Rs 69,900.

iPhone 12 Pro

Launched at a starting price of Rs 1,19,900, Flipkart is offering an instant discount of Rs 5,000 for HDFC Bank cardholders on the purchase of iPhone 12 Pro The 128 GB storage variant will cost you Rs 1,14,900 after the discount.

iPhone 12 Pro Max

HDFC Bank cardholders will get an instant discount of Rs 5,000 on the iPhone 12 Pro Max. The discount will bring down its price to Rs 1,24,900.

iPhone 12

Just like other iPhone 12 mini, Flipkart is offering an instant discount of Rs 6,000 on HDFC Bank credit and debit cards on the purchase of iPhone 12. After the discount, the iPhone will cost you Rs 73,900.

iPhone 11 Pro

iPhone 11 Pro is currently available at a starting price of Rs 79,999 (64 GB) on Flipkart.

Best deals on iPad, MacBook, Apple Watch, HomePod

After a discount of 9 percent, Apple MacBook Air Core i3 10th Gen is selling at a price of Rs 83,900. Apple Watch SE GPS + Cellular (40 mm) variant is selling at Rs 33,900. Ipad 8th gen is selling at a starting price of Rs 29,900. Flipkart is offering a 10 percent off on Bank of Baroda Mastercard debit card first-time transaction. HomePod mini is currently selling at Rs 9,990 and HomePod will cost you Rs 19,900. On both the smart speakers, Flipkart is offering a 10 percent off on Kotak Bank credit and debit cards, up to Rs 750.

Continue Reading