TMI BlogProfiteering - restaurant service supplied by the Respondent - allegation that the reduction in the rate...Profiteering - restaurant service supplied by the Respondent - allegation that the reduction in the rate of tax not passed on by way of commensurate reduction in price - the Respondent has been dealing with a total of 137 items during the period from 15.11.2017 to 30.06.2019. The DGAP has reported that the GST rate of 5% has been charged w.e.f. 15.11.2017 however the base prices of 133 products have been increased more than their commensurate prices w.e.f. 15.11.2017 which establishes that becau..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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