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GST - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Profiteering - supply of “Duracell Battery AA/6” - allegation ...

Case Laws     GST

August 6, 2020

Profiteering - supply of “Duracell Battery AA/6” - allegation that benefit of reduction in GST rate was not passed on to the recipients by way of commensurate reduction in the price - the Respondent is required to deposit the profiteered amount along with the interest to be calculated @ 18% from the date when the above amount was collected by him from the recipients till the above amount is deposited in terms of Rule 133 (3) (b) of the CGST Rules, 2017. - NAPA

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