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GST - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Profiteering - Respondent did not pass on the benefit arising ...


Respondent Accused of Profiteering by Not Passing Increased Input Tax Credit Benefits to Customers in Transactions.

December 3, 2018

Case Laws     GST     NAPA

Profiteering - Respondent did not pass on the benefit arising out of the increased ITC in the case of the subject transaction - the possibility of the Respondent having profiteered and thus unfairly benefited in the similar manner, in case of the other supplies affected by him to other customers, cannot be ruled out.

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