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GST - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Profiteering - supply of “Samsung 80 CM (32 inches) HD ready LED ...

GST

March 4, 2020

Profiteering - supply of “Samsung 80 CM (32 inches) HD ready LED TV 32FH4003” - If there was any increase in his costs the Respondent should have increased his prices before 31.12.2018, however, it cannot be accepted that his costs had increased on the intervening night of 31.12.2018/01 01.2019 when the rate reduction had happened which had forced him to increase his prices exactly equal to the reduction in the rate of such tax. Such an uncanny coincidence is unheard off - NAPA

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