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GST - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Profiteering - Reduction on rate of tax post GST - whether the ...


Reduced Car Price Complies with Post-GST Tax Rate; Benefits Passed to Buyer as Required.

April 26, 2018

Case Laws     GST     NAPA

Profiteering - Reduction on rate of tax post GST - whether the rate of tax on the car had been reduced post-GST - Authority found that, the benefit of reduction in the tax rate was passed on to the applicant by way of reduction in the price of the car of base colour.

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