9911796707
TMI Blog2018 (12) TMI 1404X X X X Extracts X X X X X X X X Extracts X X X X ..... ved from the Directorate General of Anti-Profiteering (DGAP) after detailed investigation under Rule 129 (6) of the Central Goods & Services Tax (CGST) Rules, 2017. The brief facts of the case are that the Kerala State Screening Committee on Anti-profiteering, vide the minutes of it's meeting held on 08.05.2018 had referred the present case to the Standing Committee on Anti-profiteering, alleging profiteering by the Respondent on the supply of Readymade Garments, namely, (a) Impact Shiits 700-800 HIS M.R.P. Rs. 439; (b) Impact Shirts 700-800 F/S M.R.P. Rs. 449; (c) Impact Shirts 900 H/S M.R.P. Rs. 489; (d) Impact Shirts 900 F/S M.R.P. Rs. 499; (e) Impact Shirts 1500 H/S M.R.P. Rs. 689; and (f) Impact Shirts 1500 F/S M.R.P. Rs. 699, by n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Table S.No. Description of the Product Pre-GST Post-GST Difference in Price (Rs.) Invoice No./Date Tax Rate (CST) Base Price (RS) Invoice No./Date Tax Rate (GST) Base Price 1. Impact Shirts 700-800 H/S M.R.P. 439 211 dated 02/06/2017 2% 303/- 493 dated 14/08/2017 5% 303/- - 2. Impact Shirts 700-800 F/S M.R.P. 449 211 dated 02/06/2017 2% 310/- 493 dated 14/08/2017 5% 310/- - 3. Impact Shirts 900 H/S M.R.P. 489 211 dated 02/06/2017 2% 338/- 493 dated 14/08/2017 5% 338/- - 4. Impact Shirts 900 F/S M.R.P. 499 211 dated 02/06/2017 2% 345/- 493 dated 14/08/2017 5% 345/- - 5. Impact Shirts 1500 H/S M.R.P. 689 211 dated 02/06/2017 2% 475/- 493 dated 14/08/2017 5% 475/- - 6. Impact ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 017 are attracted in the case. 7. Perusal of Section 171 of the CGST Act shows that it provides as under:- (1). "Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices." 8. It is clear from the perusal of the facts of the case that there was no reduction in the rate of tax on the above products w.e.f. 01.07.2017, hence the anti-profiteering provisions contained in Section 171 (1) of the CGST Act, 2017 are not attracted. Also, there is no increase in the per unit base price (excluding tax) of the above products and therefore the allegation of profiteering is not sustainable in terms of Section 171 of the CGST Act, 201 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
