Retailer Allegedly Profiteers by Not Passing GST Rate Cuts to Consumers, Violating Section 171 Provisions.

Profiteering - benefit of reduction in the GST rate not passed - base price of goods also increased - Respondent has violated the provisions of section 171 in as much as the prices have remained the same inspite of reduction in the tax rate. His plea that the base prices were drastically lowered when GST came in effect cannot absolve him from not passing on the benefit. .....

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