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GST - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Profiteering - supply of the product, namely, “Washing Machine ...


Violation of CGST Act: Company Profiteered by Not Passing Tax Cut to Consumers of Washing Machines.

December 12, 2019

Case Laws     GST     NAPA

Profiteering - supply of the product, namely, “Washing Machine (Elena Aqua VX)” - it is established that the Respondent has acted in contravention of the provisions of Section 171 of the CGST Act, 2017 and has not passed on the benefit of reduction in the rate of tax to his recipients by commensurate reduction in the prices

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