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GST - Highlights / Catch Notes

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Profiteering - restaurant service - Respondent had increased the ...


Restaurant Overcharged Customers by Raising Prices Over 9.05% After GST Rate Cut, Deemed Profiteering u/s 171.

April 20, 2020

Case Laws     GST     NAPA

Profiteering - restaurant service - Respondent had increased the base prices of different items by more than 9.05% i.e. by more than what was required to offset the impact of denial of ITC, supplied as a part of restaurant service to make up for the denial of ITC post-GST rate reduction. - NAPA

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