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GST - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Profiteering - contravention of the provisions of Section 171 of ...


Entity Profiteering Violation: Maybelline Fails to Pass CGST Section 171 Tax Cut Benefits to Consumers on FIT Me Foundation.

September 27, 2018

Case Laws     GST     NAPA

Profiteering - contravention of the provisions of Section 171 of the CGST Act, 2017 - Benefit of reduction in the rate of tax by lowering the price of “Maybelline FIT Me foundation” not passed on to recipients - by no stretch of imagination he can pocket this reduction to the detriment of the ordinary consumer.

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