https://www.taxtmi.com/article/detailed?id=8278 Complaint alleged failure to pass on tax benefit under Section 171 after GST implementation. Investigation showed pre GST effective tax rates were lower than alleged and GST increased tax incidence; the supplier reduced base prices and absorbed the additional tax burden, with base price reductions exceeding additional input tax credit and causing margin compression. DGAP recommended no invocation of anti profiteering provisions and the Authority found no contravention. en-us Sat, 08 Dec 2018 06:32:56 +0530 Sat, 08 Dec 2018 06:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8278 Complaint alleged failure to pass on tax benefit under Section 171 after GST implementation. Investigation showed pre GST effective tax rates were lower than alleged and GST increased tax incidence; the supplier reduced base prices and absorbed the additional tax burden, with base price reductions exceeding additional input tax credit and causing margin compression. DGAP recommended no invocation of anti profiteering provisions and the Authority found no contravention. Articles Goods and Services Tax - GST Sat, 08 Dec 2018 06:32:56 +0530 https://www.taxtmi.com/article/detailed?id=8278