Anti-profiteering - if the benefit of ITC, which was not ...

Company Violates GST Anti-Profiteering Rules by Not Passing Input Tax Credit Benefits to Customer, Breaches Provisions.

May 14, 2022

Case Laws     GST     NAPA

Anti-profiteering - if the benefit of ITC, which was not available earlier, was made available to the Respondent in the post GST period, it was incumbent on the Respondent to pass on such benefit to the Applicant no. 1 by commensurate reduction in price. - this case such benefit has not been passed on by the Respondent to the Applicant No. 1 by way of commensurate reduction in the price. - NAPA

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