https://www.taxtmi.com/caselaws?id=376408 The Authority dismissed the application alleging profiteering by the Respondent on 'Caribbean Wood Tile' post-GST implementation. The investigation revealed that the tax rate actually increased from 13.97% to 28% after GST, contrary to the required reduction under Section 171 of the CGST Act, 2017. The initial oversight in considering MRP and base price led to a request for re-investigation, which clarified discrepancies in pre-GST invoice details. Ultimately, the Authority found no merit in the profiteering allegation, resulting in the dismissal of the Applicants' application. en-us Fri, 01 Mar 2019 00:00:00 +0530 Thu, 06 Mar 2025 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376408 The Authority dismissed the application alleging profiteering by the Respondent on 'Caribbean Wood Tile' post-GST implementation. The investigation revealed that the tax rate actually increased from 13.97% to 28% after GST, contrary to the required reduction under Section 171 of the CGST Act, 2017. The initial oversight in considering MRP and base price led to a request for re-investigation, which clarified discrepancies in pre-GST invoice details. Ultimately, the Authority found no merit in the profiteering allegation, resulting in the dismissal of the Applicants' application. Case-Laws GST Fri, 01 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376408