https://www.taxtmi.com/highlights?id=50363 Profiteering - Sanitary Napkin - Respondent No. 2 i.e seller of the product has clearly increased the base price of the product - as seen from the records reversal of ITC by him is more than excess realisation on closing stock after deniel of ITC benefit w.e.f. 27.07.2018, therefore no profiteering can be concluded on his part and hence, section 171(1) does not hold good in respect of the respondent. en-us Sat, 23 Nov 2019 12:14:29 +0530 Sat, 23 Nov 2019 12:26:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50363 Profiteering - Sanitary Napkin - Respondent No. 2 i.e seller of the product has clearly increased the base price of the product - as seen from the records reversal of ITC by him is more than excess realisation on closing stock after deniel of ITC benefit w.e.f. 27.07.2018, therefore no profiteering can be concluded on his part and hence, section 171(1) does not hold good in respect of the respondent. Highlights GST Sat, 23 Nov 2019 12:14:29 +0530 https://www.taxtmi.com/highlights?id=50363