Home Case Index All Cases GST GST + NAPA GST - 2019 (3) TMI NAPA This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (3) TMI 429 - NAPA - GSTProfiteering - Caribbean Wood Tile - benefit of reduction in the rate of tax no passed on - contravention of Section 171 of the Central Goods & Service Tax (CGST) Act, 2017 - Held that:- There was no reduction of tax with the introduction of GST. The DGAP on examining various facts has categorically mentioned that the invoices very clearly show that no VAT was levied and CST was also exempted prior to 01.07.2017. In fact the rate of tax has increased from Central Excise Duty 13.97% to GST 28% w.e.f. 01.07.2017. Therefore, the allegation of profiteering is not sustainable in terms of Section 171 of the CGST Act, 2017 as there has been no reduction in the rate of tax. There is no merit in the application - application dismissed.
|