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GST - Highlights / Catch Notes

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Profiteering - supply of "ECLAT SERUM" - allegation is that ...

GST

May 16, 2022

Profiteering - supply of "ECLAT SERUM" - allegation is that Respondent had not passed on the benefit of reduction in the GST rate by the way of commensurate reduction in prices - 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. - NAPA

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