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GST - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Profiteering - restaurant service - failure to pass the benefit ...


Restaurant Cleared of Profiteering Allegations After Adjusting Prices Due to GST and ITC Changes; Case Dismissed.

October 26, 2018

Case Laws     GST     NAPA

Profiteering - restaurant service - failure to pass the benefit of reduced rate of GST - Respondent had increased the average base price by 12.14% to neutralize the denial of ITC of 11.80% and such increase is commensurate with the increase in the cost of the product on account of denial of ITC. - Application dismissed.

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