Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
GST rate reductions on cinema admission tickets must be passed to consumers through a commensurate price reduction, even where State rules prescribe maximum ticket prices. A maximum-price cap does not prevent lower pricing. Retaining cum-tax ticket prices while increasing the base price, without cogent justification and without challenging the computation, constituted failure to pass on the tax benefit; cost and market factors were immaterial. Where ticket recipients cannot be identified, the profiteered amount, with interest, is payable in equal shares to the Central and State Consumer Welfare Funds. An anti-profiteering penalty cannot be imposed retrospectively where the penalty provision entered into force after the investigated period.
GST rate reductions on cinema admission tickets must be passed to consumers through a commensurate price reduction, even where State rules prescribe maximum ticket prices. A maximum-price cap does not prevent lower pricing. Retaining cum-tax ticket prices while increasing the base price, without cogent justification and without challenging the computation, constituted failure to pass on the tax benefit; cost and market factors were immaterial. Where ticket recipients cannot be identified, the profiteered amount, with interest, is payable in equal shares to the Central and State Consumer Welfare Funds. An anti-profiteering penalty cannot be imposed retrospectively where the penalty provision entered into force after the investigated period.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
