https://www.taxtmi.com/caselaws?id=372632 Anti-profiteering provisions were examined in the context of a GST rate reduction on specified tiles. The record indicated that the base price remained unchanged before and after the rate cut from 28% to 18%, while the selling price was reduced after the tax change. On those facts, the benefit of the lower tax rate was treated as having been passed on to the recipient, so the allegation of profiteering was not sustainable and Section 171(1) was not violated. en-us Mon, 24 Dec 2018 00:00:00 +0530 Tue, 25 Feb 2025 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372632 Anti-profiteering provisions were examined in the context of a GST rate reduction on specified tiles. The record indicated that the base price remained unchanged before and after the rate cut from 28% to 18%, while the selling price was reduced after the tax change. On those facts, the benefit of the lower tax rate was treated as having been passed on to the recipient, so the allegation of profiteering was not sustainable and Section 171(1) was not violated. Case-Laws GST Mon, 24 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372632