https://www.taxtmi.com/caselaws?id=360196 The Anti-Profiteering Authority dismissed the application alleging non-compliance with anti-profiteering provisions in a case involving the passing on of tax rate reduction benefits to consumers. The respondent's justification for price increases due to rising production costs, specifically the cost of paddy, was accepted. The Authority found no violation of the CGST Act, 2017, as there was no net benefit of Input Tax Credit available to pass on to consumers, considering the tax rate increase and cost factors influencing pricing. en-us Fri, 04 May 2018 00:00:00 +0530 Wed, 26 Feb 2025 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360196 The Anti-Profiteering Authority dismissed the application alleging non-compliance with anti-profiteering provisions in a case involving the passing on of tax rate reduction benefits to consumers. The respondent's justification for price increases due to rising production costs, specifically the cost of paddy, was accepted. The Authority found no violation of the CGST Act, 2017, as there was no net benefit of Input Tax Credit available to pass on to consumers, considering the tax rate increase and cost factors influencing pricing. Case-Laws GST Fri, 04 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360196