https://www.taxtmi.com/article/detailed?id=7991 Anti profiteering under GST mandates that any reduction in tax rate or benefit of input tax credit must be passed to recipients by way of commensurate price reduction. A fact specific investigation comparing pre GST and post GST tax incidence and ex showroom prices concluded a marginal tax rate reduction and that the supplier had lowered the post GST ex showroom price; the computed benefit to the purchaser included the input tax credit, so no additional amount was payable. en-us Sat, 05 May 2018 05:53:20 +0530 Sat, 05 May 2018 05:53:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7991 Anti profiteering under GST mandates that any reduction in tax rate or benefit of input tax credit must be passed to recipients by way of commensurate price reduction. A fact specific investigation comparing pre GST and post GST tax incidence and ex showroom prices concluded a marginal tax rate reduction and that the supplier had lowered the post GST ex showroom price; the computed benefit to the purchaser included the input tax credit, so no additional amount was payable. Articles Goods and Services Tax - GST Sat, 05 May 2018 05:53:20 +0530 https://www.taxtmi.com/article/detailed?id=7991