Profiteering - footwear - benefit of rate reduction of GST from ...

Footwear Company Violates Section 171 of CGST Act by Not Passing GST Rate Cut Benefits to Consumers, Faces Penalty.

June 27, 2019

Case Laws GST NAPA

Profiteering - footwear - benefit of rate reduction of GST from 18% to 5% - It is evident that the Respondent had increased the base price of the product when the rate of tax was reduced - non reduction of price is contravened the provisions of Section 171 of the CGST Act, 2017 - directed to reduce the price of the product and also pay profiteered amount and SCN for penalty

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Profiteering - footwear - benefit of rate reduction of GST from ...

Footwear Company Violates Section 171 of CGST Act by Not Passing GST Rate Cut Benefits to Consumers, Faces Penalty.

June 27, 2019

Case Laws GST NAPA

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