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GST - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Profiteering - packaged foods - The mathematical methodology ...

Case Laws     GST

December 16, 2019

Profiteering - packaged foods - The mathematical methodology applied in the case where the rate of tax has been reduced and ITC disallowed cannot be applied in the case where the rate of tax has been reduced and ITC allowed - The profiteered amount determined - Respondent directed to reduce his prices and/or deposit the amount as determined in the CWF.

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