https://www.taxtmi.com/article/detailed?id=8217 Administrative scrutiny found the franchisee had available Input Tax Credit (~11.80% of taxable value) prior to the GST rate reduction and thereafter increased average base prices by approximately 12.14%; the Authority concluded these increases were commensurate with the denial of ITC and did not establish a breach of the anti profiteering obligation under the CGST framework. en-us Wed, 24 Oct 2018 11:07:50 +0530 Wed, 24 Oct 2018 11:07:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8217 Administrative scrutiny found the franchisee had available Input Tax Credit (~11.80% of taxable value) prior to the GST rate reduction and thereafter increased average base prices by approximately 12.14%; the Authority concluded these increases were commensurate with the denial of ITC and did not establish a breach of the anti profiteering obligation under the CGST framework. Articles Goods and Services Tax - GST Wed, 24 Oct 2018 11:07:50 +0530 https://www.taxtmi.com/article/detailed?id=8217