Profiteering - supply of “Sanitary Napkins” - It's an admitted ...
Sanitary Napkins Tax Cut to Nil on July 27, 2018; Company Found Profiteering by Raising Base Price.
June 27, 2019
Case Laws GST NAPA
Profiteering - supply of “Sanitary Napkins” - It's an admitted fact that the rate of tax on the product was reduced from 12% to NIL w.e.f. 27.07.2018 without the benefit of ITC - it was by found DGAP that the Respondent had increased his base price inspite of reduction in the rate of tax - directed to reduce the price of the product and also pay profiteered amount and SCN for penalty
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