Profiteering - GST Ready Reckoner - GST

Profiteering Merriam Webster s Collegiate Dictionary [Tenth Edn.]:- The act or activity of making an unreasonable profit on the sale of essential goods especially during times of emergency. Business Dictionary: - Disproportionately large or grossly unfair profit, generated often through manipulation of prices, abuse of dominant position, or by exploiting a bad or unusual situation such as temporary scarcity. There is usually no governmental control over profiteering unless it involves illegal means. Cambridge Dictionary :- The activity of taking unfair advantage of a situation to make a large profit, often by selling goods that are difficult to get at a very high price: Wikipedia: - Profiteering is a pejorative term for the act of making a profit by methods considered unethical. M/S HINDUSTAN UNILEVER LIMITED - 2018 (12) TMI 1599 - NATIONAL ANTI-PROFITEERING AUTHORITY