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GST - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Profiteering - restaurant service - the Respondent had increased ...


Restaurant Faces Scrutiny for Price Hike Exceeding 7.39% After GST Rate Cut, NAPA Investigates Potential Profiteering.

April 20, 2020

Case Laws     GST     NAPA

Profiteering - restaurant service - the Respondent had increased the base prices of different items by more than 7.39% i.e. by more than what was required to offset the impact of denial of ITC, supplied as a part of restaurant services to make up for the denial of ITC post-GST rate reduction and on comparison of pre and post GST rate reduction prices of the items sold in respect of items sold - NAPA

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