TMI BlogProfiteering - supply of “Sanitary Napkins” - It's an admitted fact that the rate of tax on the product...Profiteering - supply of “Sanitary Napkins” - It's an admitted fact that the rate of tax on the product was reduced from 12% to NIL w.e.f. 27.07.2018 without the benefit of ITC - it was by found DGAP that the Respondent had increased his base price inspite of reduction in the rate of tax - directed to reduce the price of the product and also pay profiteered amount and SCN for penalty ..... X X X X Extracts X X X X X X X X Extracts X X X X
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