https://www.taxtmi.com/caselaws?id=392223 Section 171 of the CGST Act applies only where there is an actual reduction in the tax rate or benefit of input tax credit on the relevant supply, followed by a duty to pass on the corresponding benefit by reducing price. The product was found classified under HSN 8507 60 00 and taxed at 18% both before and after the impugned notification, so no change in tax incidence occurred on the supply of the power bank. As there was no reduction in the applicable rate, the precondition for anti-profiteering was absent, no profiteering was established, and the allegation was rejected. en-us Mon, 10 Feb 2020 00:00:00 +0530 Mon, 17 Mar 2025 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392223 Section 171 of the CGST Act applies only where there is an actual reduction in the tax rate or benefit of input tax credit on the relevant supply, followed by a duty to pass on the corresponding benefit by reducing price. The product was found classified under HSN 8507 60 00 and taxed at 18% both before and after the impugned notification, so no change in tax incidence occurred on the supply of the power bank. As there was no reduction in the applicable rate, the precondition for anti-profiteering was absent, no profiteering was established, and the allegation was rejected. Case-Laws GST Mon, 10 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392223