National Anti-Profiting Authority levied a penalty of Rs 230 crore on Johnson and Johnson India

The NAA noted that Johnson & Johnson's approach for passing on GST rate-cut benefit was' unreasonable, arbitrary, and wrong, and therefore unacceptable.'

The National Anti-Profiting Authority (NAA)'s profiteering watchdog on goods and services tax (GST) has levied a penalty of Rs 230 crore on major global healthcare firms Johnson and Johnson India (J&J) for failing to provide customers with the benefits of rat....